1. Market Research
  2. > Construction
  3. > Building Products Market Trends
  4. > Global Heat Exchangers Industry

Global Heat Exchangers Industry

  • July 2016
  • -
  • Global Industry Analysts
  • -
  • 686 pages

This report analyzes the worldwide markets for Heat Exchangers in US$ by the following Product Segments: Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE, & Others), Air Coolers, Cooling Towers, and Other Heat Exchangers. Further, the market is also analyzed by the following End-Use Segments: Chemicals Industry, Oil & Gas Industry, Industrial HVAC and Refrigeration, Food and Beverage, Power Generation, and Others. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2015 through 2022. Also, a six-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. The report profiles 440 companies including many key and niche players such as -

Air Products and Chemicals, Inc.
Alfa Laval AB
Barriquand Technologies Thermiques
Xylem Inc.
Chicago Bridge & Iron Company N.V

Table Of Contents

Global Heat Exchangers Industry


I. INTRODUCTION, METHODOLOGY and PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations I-1 Disclaimers.............. I-2 Data Interpretation and Reporting Level I-2 Quantitative Techniques and Analytics I-3 Product Definitions and Scope of Study I-3 Heat Exchangers.............. I-3 Analysis by Product Segment..............I-3 Shell and Tube Heat Exchangers I-4 Plate Heat Exchangers..............I-4 Air-Cooled Heat Exchangers..............I-4 Cooling Towers.............. I-4 Other Heat Exchangers..............I-4 Analysis by End-Use Segment..............I-4

II. EXECUTIVE SUMMARY

1. INDUSTRY OVERVIEW.............. II-1 Heat Exchangers: The Most Important and Ubiquitous Process Equipment in Industries..............II-1 Continued Weakness in Post-Recession Global Growth Creates Soft Growth Patches in the Heat Exchangers Market II-3 Table 1: Highlighting Soft Patches of Economic Data Responsible for the Tempered Outlook for the Heat Exchangers Market: World Real GDP Growth Rates in % by Country/Region for the Period 2014-2017P (includes corresponding Graph/Chart).............. II-4 Global Manufacturing Growth Weakens Amid Anemic Global Growth II-5 Table 2: With Manufacturing PMI Swinging Between Volatile Gains and Losses, the Manufacturing Industry Walks the Tight Rope: Breakdown of Global Manufacturing Purchasing Managers' Index (PMI) Points for the Years 2010 through 1H 2016 (includes corresponding Graph/Chart) II-6 Key Market Trends, Drivers and Challenges II-6 Weakening China: Still a Dominant Market for Heat Exchangers II-6 Table 3: China's Dominant Hold on Global Manufacturing Output and Its Central Role in World Trade Makes the Country a Major Market for Heat Exchangers in Asia: % Breakdown of Global Manufacturing Output by Region for the Years 1990 and 2013 (includes corresponding Graph/Chart) II-7 Prolonged Decline in Oil Prices and Uncertain Exploration Investments Dampen the Demand Outlook in the Oil and Gas End- Use Sector.............. II-8 Table 4: Steep Decline in Crude Oil Prices Push Heat Exchangers in the Oil and Gas Sector into a Rough Growth Patch: OPEC Crude Oil Prices (In US$ Per Barrel) for the Years 2013 Through 2016 (includes corresponding Graph/Chart) II-9 Declining Oil Prices Puts a Spoke in the Growth of Underwater Heat Exchangers, Which Began with the Migration to Deepwater Drilling..............II-9 Table 5: Fall in New Deepwater Exploration Wells to Wield a Temporary Setback for Subsea Heat Exchangers: Number of Deepwater Exploration Wells Drilled by Region for the Years 2012, 2013, 2014 and 2015 (includes corresponding Graph/Chart).............. II-10 Oil Price Shock Echoes Downstream into the Oil Refining and Processing End-Use Sector, Eliciting a Mixed Scenario of Profits and Losses..............II-11 Table 6: Mixed Outlook for Oil Refining Capacity Additions Creates a Bumpy Road Ahead for Heat Exchangers in the Oil Refining and Processing End-Use Sector: World Net Refining Capacity Additions (In 000 Barrels of Oil Per Day) by Region for the Years 2013 through 2017 (includes corresponding Graph/Chart)..............II-13 Focus on Renewable Energy Spurs Optimism for Heat Exchangers in the Energy Generation Sector II-13 Table 7: Opportunity for the Use of Heat Exchangers in Concentrated Solar Power (CSP) Plants: Breakdown of Thermal Power Produced by CSP Plants in (TWh/y) for the years 2015, 2020, 2030, 2040 and 2050 (includes corresponding Graph/Chart) II-15 Expected Revival of Nuclear Energy to Drive Opportunities in the Heat Exchangers Market..............II-15 Table 8: Rise in the Number of Nuclear Reactors in Operation to Spur Opportunities for Heat Exchanger Equipment for Nuclear Power Plants: Global Nuclear Power Operational Fleet Size for the Years 2010 through 2015 (includes corresponding Graph/Chart).............. II-17 Focus on Energy Efficiency Drives Gains in the Heat Exchangers Market.............. II-17 Energy Efficiency and Cost Savings Step up Market Opportunities for Compact Heat Exchangers..............II-18 Energy Efficiency Benefits Drive Migration from Shell and Tube to Plate Heat Exchangers..............II-19 Falling Agricultural Commodity and Oil Prices to Spur Growth in the Food Processing Industry and Benefit Demand for Processing Equipment Heat Exchangers..............II-19 Table 9: Growing Food and Beverage Sales to Positively Influence Food Processing Plant Equipment Investments: World Retail Sales of Food and Beverages (In US$ Trillion) for the Years 2014 and 2016 by Geographic Region (includes corresponding Graph/Chart)..............II-20 Slowing Economy Bodes a Mixed Outlook for the World Chemical Industry.............. II-21 Table 10: Projected Long-Term Gains in the World Chemical Industry Encourages Heat Exchanger Manufacturers to Look Beyond Current Uncertainties to Focus Developmental Efforts on Innovative Solutions: Breakdown of the World Chemicals Industry (In US$ Billion) by Sector for the Years 2015, 2025 and 2035 (includes corresponding Graph/Chart) II-22

Table 11: World Sales of Renewable Chemicals (In US$ Million) by Geographic Region (2015 and 2020): A Measure of Addressable Opportunity for Heat Exchangers in Chemical Production (includes corresponding Graph/Chart) II-23 Stringent Wastewater Treatment Laws Provide Fertile Ground for Heat Exchanger Sales..............II-23 Tumbling Mineral Commodity Prices and a Sluggish Mining Industry to Challenge Growth in Mining Heat Exchangers II-24 Table 12: Plunging Mining CAPEX Trips Over Opportunities for Mining Heat Exchangers: Breakdown of the Global Mining Maintenance and Expansion CAPEX (In US$ Million) for the Years 2011 through 2016 (includes corresponding Graph/Chart) II-25 Shortage of Freshwater Spurs Land Based Use of Seawater Heat Exchangers.............. II-25 Table 13: Declining Freshwater Availability Throws the Technology Focus on Seawater Heat Exchangers: Per Capita Availability of Water in Select Countries (In '000 m3) (includes corresponding Graph/Chart) II-26 Water Shortages to Drive Demand for Air Coolers II-27 Shell and Tube Heat Exchangers Face Substitution Threats II-27 Environmental Concerns Trigger Innovation in Cooling Towers II-28 Innovation in Heat Exchanger Flow Patterns, Fins and Grooves Infuse Vigor in the Market..............II-28 RandD Focus on Material Science Helps Leverage Benefits of Newer Raw Materials..............II-30 Heat Exchanger Maintenance Grows in Prominence II-31 Competitive Landscape..............II-31 Table 14: Leading Players in the Global Plate Heat Exchangers Market (2014): Percentage Share Breakdown of Revenues for Alfa Laval and Others (includes corresponding Graph/Chart).............. II-32

Table 15: Global Market for Welded Plate Heat Exchangers (2014): Percentage Market Share Breakdown of Revenues of Leading Players - API Heat Transfer, Alfa Laval, Barriquand, GEA Heat Exchangers, THT Heat Transfer, Vahterus and Others (includes corresponding Graph/Chart) II-33

Table 16: Leading Players in the Global Compact Heat Exchangers Market (2014): Percentage Share Breakdown of Revenues for Alfa Laval, GEA Heat Exchangers, HISAKA WORKS LTD, SPX Corporation, SWEP International AB and Others (includes corresponding Graph/Chart) II-33 Market Outlook.............. II-34

2. PRODUCT OVERVIEW.............. II-35 Introduction.............. II-35 Concept of Heat Transfer..............II-35 Cutting Edge Equipment Design Innovations by Lummus Technology, a CBandI Company..............II-35 Helixchanger®.............. II-35 Helixchanger - Product Description II-35 Helitower®.............. II-36 Helifin®.............. II-36 Twisted Tube® type SandT: An advanced shell-and-tube design by Koch Heat Transfer Co, LP..............II-36 Advantages of Twisted Tube Type SandT II-37 Higher Thermal and Hydraulic Performance II-37 Higher Thermal Effectiveness..............II-37 Lower Fouling and Cleanability..............II-37 Elimination of Vibration..............II-37 Product Groups.............. II-37 Direct Contact Exchangers..............II-38 Regenerators.............. II-38 Recuperators.............. II-38 Product Types.............. II-38 Shell and Tube Heat Exchangers..............II-38 U-Tube Heat Exchangers..............II-38 Straight Tube Heat Exchangers..............II-38 Tube in Tube Heat Exchangers..............II-39 Other Tubular Exchangers..............II-39 Finned Tube Exchangers..............II-39 Double-Pipe Exchangers..............II-39 Bayonet Exchangers..............II-39 Compact Heat Exchangers..............II-39 Advantages.............. II-39 Costs.............. II-40 Types.............. II-40 Plate and Frame Heat Exchangers II-40 Gasketed Plate and Frame Heat Exchangers II-40 Advantages.............. II-41 Brazed Plate Heat Exchangers II-41 Welded Plate Heat Exchangers II-42 Semi-Welded Plate Heat Exchangers II-42 All Welded Plate Heat Exchangers II-42 New Designs.............. II-42 Air Coolers.............. II-43 Cooling Towers.............. II-43 Other Heat Exchangers..............II-43 Finned Coil Heat Exchangers..............II-43 Plate Finned Heat Exchangers II-44 Heat Recovery Systems..............II-44 Waste Heat Boilers.............. II-44 Regenerators and Recuperators II-44 Heat Pipes.............. II-44 Scrapped Surface Heat Exchangers II-44

3. END-USE MARKET ANALYSIS..............II-45 Select End-Use Industries..............II-45 Chemical Industry..............II-45 Oil and Gas Industry.............. II-45 HVAC and Refrigeration Industry II-45 Food and Beverage Industry..............II-45 Power Generation Industry..............II-46 Other End-Use Applications..............II-46

4. PRICING AND DISTRIBUTION..............II-47 Pricing Behavior by Product Segment II-47 Shell and Tube Exchangers..............II-47 Other Tubular Exchangers..............II-47 Plate and Frame Exchangers..............II-47 Other Plate and Frame Exchangers II-47 Air Coolers.............. II-47 Cooling Towers.............. II-48 Others.............. II-48 Pricing Behavior by End-Use Segment II-48 Chemicals Applications..............II-48 Industrial HVAC and Refrigeration II-48 Food and Beverage Applications..............II-48 Other Applications.............. II-49 Utilities.............. II-49 General Engineering..............II-49 Others.............. II-49 Distribution by End-Use Segment II-49

5. PRODUCT INTRODUCTIONS/INNOVATIONS II-50 Thermex Introduces New Heat Exchangers II-50 Watlow Launches Next Generation Heat Exchanger II-50 Bluestar Machinery Introduces New Heat Exchangers II-50 SWEP Introduces New Double-wall Brazed Plate Heat Exchanger II-50 Bell and Gossett Launches New Double-Wall Brazed Plate Heat Exchanger.............. II-50 Ingersoll Rand India Introduces Water Cooled Refrigerated Air Dryers.............. II-50 SWEP Launches AHRI Certified® Brazed Plate Heat Exchangers II-50 CandR Launches High Performance Replacement Heat Exchanger II-51 Alfa Laval Launches New Semi-welded Heat Exchanger II-51 EVAPCO Unveils AXS Line of Cooling Towers II-51 Emerson Process Management Launches New Wireless Air Cooled Heat Exchanger Monitoring Solution II-51 ASI-Life Sciences Unveils DHX Disposable Heat Exchanger II-51 Mitsubishi Electric Develops World's First Aluminium Heat Exchanger.............. II-51 Alfa Laval Unveils T35 Gasketed Plate Heat Exchanger II-51 Alfa Laval Introduces Optigo Range of air Heat Exchangers II-52 Alfa Laval Introduces Alfa Laval T8 Gasketed Plate Heat Exchanger II-52 Alfa Laval to Launch Tantalum Heat Exchangers II-52 SECESPOL Unveils New Brazed Plate Heat Exchangers II-52 HRS Unveils HRS-Rotex..............II-52 Matrix Process Solutions Rolls Out Widegap Plate Heat Exchangers II-52

6. RECENT INDUSTRY ACTIVITY..............II-53 Zhejiang Yinlun Machinery Company Acquires Thermal Dynamics II-53 Alfa Laval Receives Supply Order for Compact Heat Exchangers in Russia.............. II-53 Aavid Thermalloy Takes Over Niagara Thermal Products II-53 Alfa Laval Receives Supply Order for Packinox Heat Exchangers in South Korea.............. II-53 DE Shaw Takes Over Roen Est..............II-53 SPX to Divest Dry Cooling Business to Paharpur Cooling Towers Limited.............. II-53 Alfa Laval Receives Order to Supply Compact Heat Exchangers to Natural Gas Plant in the US..............II-54 Alfa Laval Receives Supply Order for Air Heat Exchangers in Spain II-54 Alfa Laval Receives Supply Order for Compact Heat Exchangers in China.............. II-54 Alfa Laval Receives Supply Order for Heat Exchangers from DSME II-54 Koch Heat Transfer Takes Over Alco and Bos-Hatten II-54 Alfa Laval Wins New Supply Contract in the US II-54 Heatric Bags New Contract from NET Power II-54 Air Products Wins LNG Heat Exchanger Contract II-55 Alfa Laval Bags New Contract in the Middle East II-55 Air Products Inaugurates New LNG Heat Exchanger Manufacturing Facility.............. II-55 Harsco Takes Over Hammco..............II-55 Triton Takes Over GEA Heat Exchangers II-55 Alstom Divestes Steam Auxiliary Components Business to Triton II-55 Chart Industries Takes Over Brazed Aluminum Heat Exchanger Business of Wuxi City Zhongbo II-56 Radiant Engineers Inaugurates New Facility II-56

7. FOCUS ON SELECT PLAYERS..............II-57 Air Products and Chemicals, Inc. (US) II-57 Alfa Laval AB (Sweden)..............II-57 Tranter Inc. (US)..............II-57 Barriquand Technologies Thermiques (France) II-58 Xylem Inc. (US).............. II-58 Chicago Bridge and Iron Company N.V. (The Netherlands) II-58 GEA Heat Exchangers Group (Germany) II-59 Hamon Group (Belgium)..............II-59 Harsco Industrial Air-X-Changers (US) II-59 Hisaka Works, Ltd (Japan)..............II-60 Kelvion (Germany).............. II-60 Sondex, A/S (Denmark)..............II-60 SmartHeat Inc. (US).............. II-61 SPX Corporation (US)..............II-61 Balcke-Dürr GmbH (Germany)..............II-61 SPX Cooling Technologies, Inc. (US) II-61 API Heat Transfer (US)..............II-62 Vahterus Oy (Finland)..............II-62

8. GLOBAL MARKET PERSPECTIVE..............II-63 Table 17: World Recent Past, Current and Future Analysis for Heat Exchangers by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)..............II-63

Table 18: World Historic Review for Heat Exchangers by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) II-64

Table 19: World 14-Year Perspective for Heat Exchangers by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) II-65 Product Segment Analytics..............II-66 Table 20: World Recent Past, Current and Future Analysis for Shell and Tube Heat Exchangers by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) II-66

Table 21: World Historic Review for Shell and Tube Heat Exchangers by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart).............. II-67

Table 22: World 14-Year Perspective for Shell and Tube Heat Exchangers by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) II-68

Table 23: World Recent Past, Current and Future Analysis for Plate and Frame Heat Exchangers by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) II-69

Table 24: World Historic Review for Plate and Frame Heat Exchangers by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart).............. II-70

Table 25: World 14-Year Perspective for Plate and Frame Heat Exchangers by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) II-71

Table 26: World Recent Past, Current and Future Analysis for Plate and Frame Heat Exchangers by Product Segment - Gasketed PHE, Welded PHE, Brazed PHE, Other PHE Segments Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) II-72

Table 27: World Historic Review for Plate and Frame Heat Exchangers by Product Segment - Gasketed PHE, Welded PHE, Brazed PHE, Other PHE Segments Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) II-73

Table 28: World 14-Year Perspective for Plate and Frame Heat Exchangers by Product Segment - Percentage Breakdown of Dollar Sales for Gasketed PHE, Welded PHE, Brazed PHE, Other PHE Segments for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart).............. II-74

Table 29: World Recent Past, Current and Future Analysis for Gasketed Plate and Frame Heat Exchangers by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) II-75

Table 30: World Historic Review for Gasketed Plate and Frame Heat Exchangers by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)..............II-76

Table 31: World 14-Year Perspective for Gasketed Plate and Frame Heat Exchangers by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart)..............II-77

Table 32: World Recent Past, Current and Future Analysis for Welded Plate and Frame Heat Exchangers by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) II-78

Table 33: World Historic Review for Welded Plate and Frame Heat Exchangers by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)..............II-79

Table 34: World 14-Year Perspective for Welded Plate and Frame Heat Exchangers by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) II-80

Table 35: World Recent Past, Current and Future Analysis for Brazed Plate and Frame Heat Exchangers by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) II-81

Table 36: World Historic Review for Brazed Plate and Frame Heat Exchangers by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)..............II-82

Table 37: World 14-Year Perspective for Brazed Plate and Frame Heat Exchangers by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) II-83

Table 38: World Recent Past, Current and Future Analysis for Other Plate and Frame Heat Exchangers by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) II-84

Table 39: World Historic Review for Other Plate and Frame Heat Exchangers by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart).............. II-85

Table 40: World 14-Year Perspective for Other Plate and Frame Heat Exchangers by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) II-86

Table 41: World Recent Past, Current and Future Analysis for Air Coolers by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart).............. II-87

Table 42: World Historic Review for Air Coolers by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) II-88

Table 43: World 14-Year Perspective for Air Coolers by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) II-89

Table 44: World Recent Past, Current and Future Analysis for Cooling Towers by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)..............II-90

Table 45: World Historic Review for Cooling Towers by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) II-91

Table 46: World 14-Year Perspective for Cooling Towers by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) II-92

Table 47: World Recent Past, Current and Future Analysis for Other Heat Exchangers by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)..............II-93

Table 48: World Historic Review for Other Heat Exchangers by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) II-94

Table 49: World 14-Year Perspective for Other Heat Exchangers by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) II-95 End-Use Segment Analytics..............II-96 Table 50: World Recent Past, Current and Future Analysis for Heat Exchangers in Chemical Industry by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) II-96

Table 51: World Historic Review for Heat Exchangers in Chemical Industry by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)..............II-97

Table 52: World 14-Year Perspective for Heat Exchangers in Chemical Industry by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) II-98

Table 53: World Recent Past, Current and Future Analysis for Heat Exchangers in Oil and Gas Sector by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) II-99

Table 54: World Historic Review for Heat Exchangers in Oil and Gas Sector by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart).............. II-100

Table 55: World 14-Year Perspective for Heat Exchangers in Oil and Gas Sector by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) II-101

Table 56: World Recent Past, Current and Future Analysis for Heat Exchangers in HVAC and Refrigeration Industry by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) II-102

Table 57: World Historic Review for Heat Exchangers in HVAC and Refrigeration Industry by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)..............II-103

Table 58: World 14-Year Perspective for Heat Exchangers in HVAC and Refrigeration Industry by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart)..............II-104

Table 59: World Recent Past, Current and Future Analysis for Heat Exchangers in Food and Beverage Sector by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) II-105

Table 60: World Historic Review for Heat Exchangers in Food and Beverage Sector by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)..............II-106

Table 61: World 14-Year Perspective for Heat Exchangers in Food and Beverage Sector by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart)..............II-107

Table 62: World Recent Past, Current and Future Analysis for Heat Exchangers in Power Generation Sector by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) II-108

Table 63: World Historic Review for Heat Exchangers in Power Generation Sector by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)..............II-109

Table 64: World 14-Year Perspective for Heat Exchangers in Power Generation Sector by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart)..............II-110

Table 65: World Recent Past, Current and Future Analysis for Heat Exchangers in Other End-Use Sectors by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) II-111

Table 66: World Historic Review for Heat Exchangers in Other End-Use Sectors by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)..............II-112

Table 67: World 14-Year Perspective for Heat Exchangers in Other End-Use Sectors by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart)..............II-113

III. MARKET

1. THE UNITED STATES.............. III-1 A.Market Analysis.............. III-1 Outlook.............. III-1 Opportunities Exist for New Entrants in HVACandR Heat Exchangers Market..............III-1 Shale Gas Revolution: A Fundamental Driver of Growth in the Use of Heat Exchangers in Liquefaction Plants III-1 Table 68: Annual Production of Shale Gas (In Trillion Cubic Feet) in the United States (2015 through 2040): A Measure of Addressable Opportunity for Exchangers in Heat Recovery Applications in Shale Gas Processing (includes corresponding Graph/Chart)..............III-2 Increasing Awareness Spur Demand for Energy Efficient Heat Exchangers.............. III-2 Wet Cooling Towers Dominate the Cooling Tower Market III-2 Product Launches..............III-3 Strategic Corporate Developments III-4 Select Players.............. III-5 B.Market Analytics..............III-10 Table 69: US Recent Past, Current and Future Analysis for Heat Exchangers by Product Group Segment - Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart) III-10

Table 70: US Historic Review for Heat Exchangers by Product Group Segment - Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-11

Table 71: US 14-Year Perspective for Heat Exchangers by Product Group Segment - Percentage Breakdown of Dollar Sales for Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart).............. III-12

Table 72: US Recent Past, Current and Future Analysis for Heat Exchangers by End-Use Segment - Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart) III-13

Table 73: US Historic Review for Heat Exchangers by End-Use Segment - Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-14

Table 74: US 14-Year Perspective for Heat Exchangers by End-Use Segment - Percentage Breakdown of Dollar Sales for Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart).............. III-15

2. CANADA.............. III-16 A.Market Analysis.............. III-16 Outlook.............. III-16 Select Players.............. III-16 B.Market Analytics..............III-17 Table 75: Canadian Recent Past, Current and Future Analysis for Heat Exchangers by Product Group Segment - Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart) III-17

Table 76: Canadian Historic Review for Heat Exchangers by Product Group Segment - Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2009 through 2014 (includes corresponding Graph/Chart) III-18

Table 77: Canadian 14-Year Perspective for Heat Exchangers by Product Group Segment - Percentage Breakdown of Dollar Sales for Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart)..............III-19

Table 78: Canadian Recent Past, Current and Future Analysis for Heat Exchangers by End-Use Segment - Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart) III-20

Table 79: Canadian Historic Review for Heat Exchangers by End-Use Segment - Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-21

Table 80: Canadian 14-Year Perspective for Heat Exchangers by End-Use Segment - Percentage Breakdown of Dollar Sales for Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart)..............III-22

3. JAPAN.............. III-23 A.Market Analysis.............. III-23 Outlook.............. III-23 Product Launch.............. III-23 Hisaka Works, Ltd. - A Major Japanese Player III-23 B.Market Analytics..............III-24 Table 81: Japanese Recent Past, Current and Future Analysis for Heat Exchangers by Product Group Segment - Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart) III-24

Table 82: Japanese Historic Review for Heat Exchangers by Product Group Segment - Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2009 through 2014 (includes corresponding Graph/Chart) III-25

Table 83: Japanese 14-Year Perspective for Heat Exchangers by Product Group Segment - Percentage Breakdown of Dollar Sales for Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart)..............III-26

Table 84: Japanese Recent Past, Current and Future Analysis for Heat Exchangers by End-Use Segment - Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart) III-27

Table 85: Japanese Historic Review for Heat Exchangers by End-Use Segment - Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-28

Table 86: Japanese 14-Year Perspective for Heat Exchangers by End-Use Segment - Percentage Breakdown of Dollar Sales for Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart)..............III-29

4. EUROPE.............. III-30 A.Market Analysis.............. III-30 Outlook.............. III-30 Factors Influencing Market..............III-30 Factors Influencing Demand in Various End-Use Segments III-30 Competition from Low Cost Nations III-31 Rising Demand from Eastern Europe III-32 Replacement Market Driving Growth III-32 Adoption of Plate Heat Exchangers Accelerates III-32 Competitive Structure..............III-33 Table 87: Leading Players in the European Heat Exchangers Market (2015): Percentage Share Breakdown of Revenues for Alfa Laval, GEA Heat Exchangers, Hamon, SPX Corp and Others (includes corresponding Graph/Chart) III-33

Table 88: Leading Players in the European Shell and Tube Heat Exchangers Market (2015): Percentage Share Breakdown of Revenues for Alfa Laval, GEA Heat Exchangers, SPX Corp and Others (includes corresponding Graph/Chart) III-33

Table 89: Leading Players in the European Gasketed Plate and Frame Heat Exchangers Market (2015): Percentage Share Breakdown of Revenues for Alfa Laval, GEA Heat Exchangers, SPX Corp and Others (includes corresponding Graph/Chart) III-33

Table 90: Leading Players in the European Brazed Plate and Frame Heat Exchangers Market (2015): Percentage Share Breakdown of Revenues for Alfa Laval, GEA Heat Exchangers, Swep International, and Others (includes corresponding Graph/Chart).............. III-34

Table 91: Leading Players in the European All-Welded Plate and Frame Heat Exchangers Market (2015): Percentage Share Breakdown of Revenues for Alfa Laval, GEA Heat Exchangers, SPX Corp and Others (includes corresponding Graph/Chart) III-34

Table 92: Leading Players in the European Air Coolers Market (2015): Percentage Share Breakdown of Revenues for GEA Heat Exchangers, Guntner, Hamon, SPX Corp, and Others (includes corresponding Graph/Chart) III-34

Table 93: Leading Players in the European Cooling Tower Heat Exchangers Market (2015): Percentage Share Breakdown of Revenues for GEA Heat Exchangers, Hamon, SPX Corp and Others (includes corresponding Graph/Chart) III-35 Market Analysis by Product Segment III-35 Shell and Tube Exchangers..............III-35 Market Accelerators..............III-35 Market Decelerators..............III-35 Plate and Frame Heat Exchangers III-35 Air Coolers.............. III-36 Cooling Towers.............. III-36 Analysis by End-Use Segment..............III-36 Regulatory Environment..............III-37 Chemicals Industry..............III-37 A Case of Ethylene..............III-37 Oil and Gas.............. III-38 HVAC and Refrigeration..............III-38 Other Applications..............III-38 B.Market Analytics..............III-39 Table 94: European Recent Past, Current and Future Analysis for Heat Exchangers by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart) III-39

Table 95: European Historic Review for Heat Exchangers by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2009 through 2014 (includes corresponding Graph/Chart) III-40

Table 96: European 14-Year Perspective for Heat Exchangers by Geographic Region - Percentage Breakdown of Dollar Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart)..............III-41

Table 97: European Recent Past, Current and Future Analysis for Heat Exchangers by Product Group Segment - Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart) III-42

Table 98: European Historic Review for Heat Exchangers by Product Group Segment - Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2009 through 2014 (includes corresponding Graph/Chart) III-43

Table 99: European 14-Year Perspective for Heat Exchangers by Product Group Segment - Percentage Breakdown of Dollar Sales for Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart)..............III-44

Table 100: European Recent Past, Current and Future Analysis for Heat Exchangers by End-Use Segment - Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart) III-45

Table 101: European Historic Review for Heat Exchangers by End-Use Segment - Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-46

Table 102: European 14-Year Perspective for Heat Exchangers by End-Use Segment - Percentage Breakdown of Dollar Sales for Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart)..............III-47

4a. FRANCE.............. III-48 A.Market Analysis.............. III-48 Outlook.............. III-48 A Major French Player..............III-48 B.Market Analytics..............III-49 Table 103: French Recent Past, Current and Future Analysis for Heat Exchangers by Product Group Segment - Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart) III-49

Table 104: French Historic Review for Heat Exchangers by Product Group Segment - Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2009 through 2014 (includes corresponding Graph/Chart) III-50

Table 105: French 14-Year Perspective for Heat Exchangers by Product Group Segment - Percentage Breakdown of Dollar Sales for Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart).............. III-51

Table 106: French Recent Past, Current and Future Analysis for Heat Exchangers by End-Use Segment - Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart) III-52

Table 107: French Historic Review for Heat Exchangers by End-Use Segment - Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-53

Table 108: French 14-Year Perspective for Heat Exchangers by End-Use Segment - Percentage Breakdown of Dollar Sales for Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart).............. III-54

4b. GERMANY.............. III-55 A.Market Analysis.............. III-55 Outlook.............. III-55 Strategic Corporate Developments III-55 Select Players.............. III-55 B.Market Analytics..............III-57 Table 109: German Recent Past, Current and Future Analysis for Heat Exchangers by Product Group Segment - Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart) III-57

Table 110: German Historic Review for Heat Exchangers by Product Group Segment - Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2009 through 2014 (includes corresponding Graph/Chart) III-58

Table 111: German 14-Year Perspective for Heat Exchangers by Product Group Segment - Percentage Breakdown of Dollar Sales for Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart).............. III-59

Table 112: German Recent Past, Current and Future Analysis for Heat Exchangers by End-Use Segment - Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart) III-60

Table 113: German Historic Review for Heat Exchangers by End-Use Segment - Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-61

Table 114: German 14-Year Perspective for Heat Exchangers by End-Use Segment - Percentage Breakdown of Dollar Sales for Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart).............. III-62

4c. ITALY.............. III-63 A.Market Analysis.............. III-63 Outlook.............. III-63 A Major Italian Player..............III-63 B.Market Analytics..............III-64 Table 115: Italian Recent Past, Current and Future Analysis for Heat Exchangers by Product Group Segment - Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart) III-64

Table 116: Italian Historic Review for Heat Exchangers by Product Group Segment - Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2009 through 2014 (includes corresponding Graph/Chart) III-65

Table 117: Italian 14-Year Perspective for Heat Exchangers by Product Group Segment - Percentage Breakdown of Dollar Sales for Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart)..............III-66

Table 118: Italian Recent Past, Current and Future Analysis for Heat Exchangers by End-Use Segment - Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart) III-67

Table 119: Italian Historic Review for Heat Exchangers by End-Use Segment - Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-68

Table 120: Italian 14-Year Perspective for Heat Exchangers by End-Use Segment - Percentage Breakdown of Dollar Sales for Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart)..............III-69

4d. THE UNITED KINGDOM..............III-70 A.Market Analysis.............. III-70 Outlook.............. III-70 Select Players.............. III-70 B.Market Analytics..............III-71 Table 121: UK Recent Past, Current and Future Analysis for Heat Exchangers by Product Group Segment - Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart) III-71

Table 122: UK Historic Review for Heat Exchangers by Product Group Segment - Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-72

Table 123: UK 14-Year Perspective for Heat Exchangers by Product Group Segment - Percentage Breakdown of Dollar Sales for Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart).............. III-73

Table 124: UK Recent Past, Current and Future Analysis for Heat Exchangers by End-Use Segment - Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart) III-74

Table 125: UK Historic Review for Heat Exchangers by End-Use Segment - Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-75

Table 126: UK 14-Year Perspective for Heat Exchangers by End-Use Segment - Percentage Breakdown of Dollar Sales for Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart).............. III-76

4e. SPAIN.............. III-77 A.Market Analysis.............. III-77 Outlook.............. III-77 Corporate Development..............III-77 B.Market Analytics..............III-78 Table 127: Spanish Recent Past, Current and Future Analysis for Heat Exchangers by Product Group Segment - Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart) III-78

Table 128: Spanish Historic Review for Heat Exchangers by Product Group Segment - Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2009 through 2014 (includes corresponding Graph/Chart) III-79

Table 129: Spanish 14-Year Perspective for Heat Exchangers by Product Group Segment - Percentage Breakdown of Dollar Sales for Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart)..............III-80

Table 130: Spanish Recent Past, Current and Future Analysis for Heat Exchangers by End-Use Segment - Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart) III-81

Table 131: Spanish Historic Review for Heat Exchangers by End-Use Segment - Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-82

Table 132: Spanish 14-Year Perspective for Heat Exchangers by End-Use Segment - Percentage Breakdown of Dollar Sales for Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart)..............III-83

4f. RUSSIA.............. III-84 A.Market Analysis.............. III-84 Outlook.............. III-84 Corporate Development..............III-84 B.Market Analytics..............III-85 Table 133: Russian Recent Past, Current and Future Analysis for Heat Exchangers by Product Group Segment - Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart) III-85

Table 134: Russian Historic Review for Heat Exchangers by Product Group Segment - Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2009 through 2014 (includes corresponding Graph/Chart) III-86

Table 135: Russian 14-Year Perspective for Heat Exchangers by Product Group Segment - Percentage Breakdown of Dollar Sales for Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart)..............III-87

Table 136: Russian Recent Past, Current and Future Analysis for Heat Exchangers by End-Use Segment - Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart) III-88

Table 137: Russian Historic Review for Heat Exchangers by End-Use Segment - Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-89

Table 138: Russian 14-Year Perspective for Heat Exchangers by End-Use Segment - Percentage Breakdown of Dollar Sales for Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart)..............III-90

4g. REST OF EUROPE.............. III-91 A.Market Analysis.............. III-91 Outlook.............. III-91 Product Launches..............III-91 Corporate Development..............III-92 Select Players.............. III-92 B.Market Analytics..............III-96 Table 139: Rest of Europe Recent Past, Current and Future Analysis for Heat Exchangers by Product Group Segment - Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart).............. III-96

Table 140: Rest of Europe Historic Review for Heat Exchangers by Product Group Segment - Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2009 through 2014 (includes corresponding Graph/Chart) III-97

Table 141: Rest of Europe 14-Year Perspective for Heat Exchangers by Product Group Segment - Percentage Breakdown of Dollar Sales for Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) III-98

Table 142: Rest of Europe Recent Past, Current and Future Analysis for Heat Exchangers by End-Use Segment - Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart) III-99

Table 143: Rest of Europe Historic Review for Heat Exchangers by End-Use Segment - Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2009 through 2014 (includes corresponding Graph/Chart) III-100

Table 144: Rest of Europe 14-Year Perspective for Heat Exchangers by End-Use Segment - Percentage Breakdown of Dollar Sales for Chemicals Industry, Oil and Gas, HVAC and Refrigeration, Food and Beverage, Power Generation and Other End-Use Sectors Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) III-101

5. ASIA-PACIFIC.............. III-102 A.Market Analysis.............. III-102 Outlook.............. III-102 B.Market Analytics..............III-102 Table 145: Asia-Pacific Recent Past, Current and Future Analysis for Heat Exchangers by Geographic Region - China and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart) III-102

Table 146: Asia-Pacific Historic Review for Heat Exchangers by Geographic Region - China and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2009 through 2014 (includes corresponding Graph/Chart).............. III-103

Table 147: Asia-Pacific 14-Year Perspective for Heat Exchangers by Geographic Region - Percentage Breakdown of Dollar Sales for China and Rest of Asia-Pacific Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) III-104

Table 148: Asia-Pacific Recent Past, Current and Future Analysis for Heat Exchangers by Product Group Segment - Shell and Tube Heat Exchangers, Plate and Frame Heat Exchangers (Gasketed PHE, Welded PHE, Brazed PHE and Other PHE), Air Coolers, Cooling Towers and Other Heat Exchangers Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart).........

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Global Automotive Heat Exchanger Market - Forecasts and Trends (2015 - 2020)

Global Automotive Heat Exchanger Market - Forecasts and Trends (2015 - 2020)

  • $ 4 250
  • Industry report
  • August 2016
  • by Mordor Intelligence LLP

The global automotive heat exchanger market is expected to reach $68 billion by 2017, growing at a CAGR of 7.81% tiill 2020. An automotive heat exchanger is specifically used to transfer heat between two ...

Latin  America Automotive Heat Exchanger Market - Forecasts and Trends (2015 - 2020)

Latin America Automotive Heat Exchanger Market - Forecasts and Trends (2015 - 2020)

  • $ 3 850
  • Industry report
  • August 2016
  • by Mordor Intelligence LLP

The automotive heat exchanger market in Latin America is expected to reach $9.52 billion by 2017, growing at a CAGR of 6.85% till 2020. The Mexican automotive industry is expected to continue increasing ...

Asia-Pacific Automotive Heat Exchanger Market - Forecasts and Trends (2015 - 2020)

Asia-Pacific Automotive Heat Exchanger Market - Forecasts and Trends (2015 - 2020)

  • $ 3 850
  • Industry report
  • August 2016
  • by Mordor Intelligence LLP

The automotive heat exchanger market in APAC is expected to reach $17.03 billion by 2017, growing at a CAGR of 9.75% till 2020. The overall market for heat exchanger in Asia-Pacific is witnessing high ...


Download Unlimited Documents from Trusted Public Sources

The future of the Boiler Industry in the UK

  • September 2016
    11 pages
  • Boiler  

    Green Energy  

  • United Kingdom  

View report >

The future of the Heating Equipment Industry in Europe

  • September 2016
    17 pages
  • Heating Equipme...  

    Cooling System  

    Energy  

  • Europe  

    World  

View report >

Heating Equipment Industry in Europe

  • September 2016
    190 pages
  • General Lightin...  

    Heating Equipme...  

    Heat Pump  

  • Europe  

    United Kingdom  

View report >

Related Market Segments :

Heat Exchanger
Oil
Gas

ref:plp2016

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.