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Global Cooling Towers Market 2015-2019

Cooling Towers Sector: Worldwide Forecast until 2019

  • August 2015
  • 60 pages
  • ID: 3176905
In this report:
The petrochemical and oil and gas industry was the third-largest end-user for cooling towers, accounting for ##.##% of the total market, followed by the power generation industry with ##.##% and the food and beverage industry with ##.##%.
The global market for cooling towers in the petrochemical and oil and gas industry was valued at $##.## million in 2014 and is expected to reach $##.## million by 2019, growing at a CAGR of ##.##%.

Summary

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About cooling towers

A cooling tower is a device that rejects heat and whose prime task is to discard heat into the atmosphere. The cooling tower is an crucial component of several refrigeration systems that provide process cooling and comfort through a varied range of applications. They are the active working point in the system where heat is irreversibly lost to the atmosphere through the evaporative process, and are commonly used in industries including oil refining, steel mills, power plants, chemical processing, and various distinct manufacturing processes where process cooling is required.

The experts estimate the worldwide cooling towers market to increase at a compound annual Growth rate of ~5.1 percent during 2014-2019.

What is the scope of this report?

This business report contains the current situation and the growth perspectives of the overall cooling towers sector during 2015-2019. For ascertaining the market value and vendor share, the study considers the income obtained from the sales of the cooling towers in the following end-user segments: chemical, HVAC, petrochemical and oil and gas, power generation, and food and beverage industries.

The market study, World-wide Cooling Towers Sector 2015-2019, has been produced established on a comprehensive and detailed market studies with data coming from specialists of the sector. The analysis includes the market panorama and its growth expectations in the upcoming years. This study also comprises conversations with top vendors operating in this segment.

Main vendors

Other main sellers

- For a full, in-depth list, view our market report

Market opportunity

- Competition due to entry of additional merchants

- For a full, exhaustive list, view our market report

Market forecast

- Outsourcing of cooling towers

- For a full, in-depth list, view our market report

What are the main questions answered?

- What will both market value and growth rate be in 2019?

- What are the key market forecasts?

- What is driving this sector?

- What are the conditions to market growth?

- Who are the main sellers in this market environment?

- What are the opportunities in this industry and segment risks faced by the main vendors?

- What are the forces and weaknesses of the main vendors?

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Related Market Segments :

Cooling Tower

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