By Type (Aluminum and Steel), By Applications (Petrochemical Industry, Dynamical machine and Air separation industry), By Region(North America, Europe, APAC and Rest of the World)
This market is anticipated to witness significant growth over the forecast period owing to its rising acceptance among various industries such as the petrochemical industry, dynamical machine, and air separation industries. A plate fined heat exchanger is used for transferring heat between the fluids using plates. This technology locates its wide application in the aerospace sector. Thus increasing the development of aerospace infrastructure is anticipated to propel the plate fined heat exchanger market revenue significantly over the forecast period. Moreover, the various enhanced features of these heat exchangers such as compact size and light weight are the main point of attraction for the market players and thereby supporting the growth of the market revenue so far. It was also useful in the industries where heat transfer is required between the fluids having a slight difference in their temperatures.
Plate Fined Heat Exchanger market revenue is estimated to be $XX Billion in 2022 and shall grow with a CAGR of XX.X% during the forecast period of 2022 to 2031.
This technology is widely used in the dental institutions where there is a high demand for improved and high tech dental treatments nowadays which in turn is augmenting the plate fined heat exchanger market sales significantly. Further, the increasing adoption of this technology at a significant level by the aerospace and petrochemical industries are the major factors fueling up the market growth. Plate finned heat exchangers are an indispensable component for all the cryogenic gas processing applications worldwide, such as Air Separation, LNG liquefaction, Nitrogen Rejection, NGL Recovery, Propane Dehydrogenation, and various other natural gas and petrochemical processes. The advantages of plate fined type heat exchanger is that they are highly efficient and can be customized as per the requirement. The emergence of compact and brazed plate finned heat exchangers is also expected to bring a hike in the market growth, owing to its high adoption among numerous industry verticals.
India is anticipated to register a CAGR of 10.2% in coming years:
The North America region is the dominant region in contributing to market growth in 2022. The rising investment by the industry players of the region is driving the industry shares. Further, this region is anticipated to fuel up the market shares significantly over the forecast period owing to the increasing contribution of the U.S region in augmenting the shares of the market. Moreover, the Asia Pacific region is also anticipated to grow significantly over the forecast period owing to the heavy competition among the market players in these regions.
Aluminum type heat exchanger segment has dominated the market in terms of revenue in 2022:
Based on type, the market has been segmented as stainless steel and aluminum. Out of which aluminum plate fined heat exchangers are expected to generate most of the market revenue. The better electrical property of aluminum such as heat transfer ability and resistance to corrosion along with its effective cost makes plate fined heat exchanger more efficient than the other one. Major application areas are the petrochemical industry, dynamical machine, and air separation industry. The market is anticipated to continue the same trend over the forecast period owing to the rising investments by various industry players in the petrochemical industries. This segment has dominated market shares in 2022.
Plate fined heat exchanger manufacturers:
Major industry players have been analyzed with coverage on their operating areas, revenues, and other strategic aspects. To maximize the profit, increase client base and attract new ones, industry players focus on their product innovation, product quality, and market expansion. These industry players include Yonghong, API, Airtecc, Zhongtai Cryogenic, Hongsheng, Linde Engineering, CHART, Sumitomo Precision, Jialong, Guanyu, Hangyang, Fang Sheng, Xinsheng, Donghwa Entec, Kobe Steel, AKG and Triumph.
Key Points covered in the Report:
• Revenue Estimation and Forecast (2022 – 2031)
• Production Estimation and Forecast (2022 – 2031)
• Sales/Consumption Volume Estimation and Forecast (2022 – 2031)
• Breakdown of Revenue by Segments (2022 – 2031)
• Breakdown of Production by Segments (2022 – 2031)
• Breakdown of Sales Volume by Segments (2022 – 2031)
• Gross Margin and Profitability Analysis of Companies
• Business Trend and Expansion Analysis
• Import and Export Analysis
• Regional Analysis and Data Breakdown
MARKET SEGMENTATION
By Type Outlook ($Revenue and Unit sales, 2022-2031)
• Stainless steel
• Aluminum
By Application Outlook ($Revenue and Unit Sales, 2022-2031)
• Petrochemical Industry
• Dynamical machine
• Air separation industry
By Regional Outlook ($Revenue and Unit Sales, 2022-2031)
• North America
• Canada
• U.S
• Mexico
• Europe
• Germany
• France
• U.K
• Rest of Europe
• Asia-Pacific
• China
• India
• Japan
• Rest of Asia Pacific
• Rest of the World
• The Middle East and Africa
• Latin America
Plate fined heat exchanger manufacturers:
• Yonghong
• API
• Airtecc
• Zhongtai Cryogenic
• Hongsheng
• Linde Engineering
• CHART
• Sumitomo Precision
• Jialong
• Guanyun
• Hangyang
• Fang Sheng
• Xinsheng
• Donghwa Entec
• Kobe Steel
• AKG
• Triumph
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CHAPTER 1: INTRODUCTION
1.1. Research Methodology
1.1.1. Desk Research
1.1.2. Data Synthesis
1.1.3. Data Validation & Market Feedback
1.1.4. Data Sources
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Global Market Outlook
2.2. Core Insights - Type
2.3. Core Insights – Application
2.4. Core Insights – Geography
CHAPTER 3: MARKET OVERVIEW
3.1. Market Definition and Scope
3.2. Key Forces Shaping the Industry
3.2.1. Bargaining Power of Suppliers
3.2.2. Bargaining Power of Buyers
3.2.3. Threat of Substitutes
3.2.4. Threat of New Entrants
3.3. Market Dynamics
3.3.1. Drivers
3.3.1.1. Supply-side Drivers
3.3.1.2. Demand-side Drivers
3.3.2. Restraints
3.3.3. Opportunities
3.4. Industry Landscape - PESTEL Analysis
3.4.1. Political Landscape
3.4.2. Environmental Landscape
3.4.3. Social Landscape
3.4.4. Technology Landscape
3.4.5. Economic Landscape
CHAPTER 4: MARKET BACKGROUND
4.1. Industry Value Chain Analysis
4.1.1. Upstream Participants
4.1.2. Downstream participants
4.2. Pricing Analysis and Forecast, 2018-2026
4.2.1. By Type
4.2.2. By Region
CHAPTER 5: GLOBAL PLATE FINED HEAT EXCHANGER MARKET, BY TYPE
5.1. Overview
5.1.1. Market Volume and Forecast, 2018-2026
5.1.2. Market Revenue (US$ Million) and Forecast, 2018-2026
5.2. Stainless steel
5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Volume and Forecast, By Region
5.2.3. Market Revenue (US$ Million) and Forecast, By Region
5.3. Aluminum
5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Volume and Forecast, By Region
5.3.3. Market Revenue (US$ Million) and Forecast, By Region
CHAPTER 6: GLOBAL PLATE FINED HEAT EXCHANGER MARKET, BY APPLICATION
6.1. Overview
6.1.1. Market Volume and Forecast, 2018-2026
6.1.2. Market Revenue (US$ Million) and Forecast, 2018-2026
6.2. Petrochemical Industry
6.2.1. Key Market Trends, Growth Factors and Opportunities
6.2.2. Market Volume and Forecast, By Region
6.2.3. Market Revenue (US$ Million) and Forecast, By Region
6.3. Dynamical machine
6.3.1. Key Market Trends, Growth Factors and Opportunities
6.3.2. Market Volume and Forecast, By Region
6.3.3. Market Revenue (US$ Million) and Forecast, By Region
6.4. Air separation industry
6.4.1. Key Market Trends, Growth Factors and Opportunities
6.4.2. Market Volume and Forecast, By Region
6.4.3. Market Revenue (US$ Million) and Forecast, By Region
CHAPTER 7: GLOBAL PLATE FINED HEAT EXCHANGER MARKET, BY GEOGRAPHY
7.1. Overview
7.2. North America
7.2.1. Key Market Trends, Growth Factors and Opportunities
7.2.2. Market Volume and Forecast, By Type
7.2.3. Market Volume and Forecast, By Application
7.2.4. Market Revenue and Forecast, By Type
7.2.5. Market Revenue and Forecast, By Application
7.2.6. Market Revenue and Forecast, By Country
7.2.7. U.S.
7.2.7.1. Market Volume and Forecast
7.2.7.2. Market Revenue and Forecast
7.2.8. Canada
7.2.8.1. Market Volume and Forecast
7.2.8.2. Market Revenue and Forecast
7.2.9. Mexico
7.2.9.1. Market Volume and Forecast
7.2.9.2. Market Revenue and Forecast
7.3. Europe
7.3.1. Market Volume and Forecast, By Type
7.3.2. Market Volume and Forecast, By Application
7.3.3. Market Revenue and Forecast, By Type
7.3.4. Market Revenue and Forecast, By Application
7.3.5. Market Revenue and Forecast, By Country
7.3.6. Germany
7.3.6.1. Market Volume and Forecast, By Type
7.3.6.2. Market Revenue and Forecast, By Application
7.3.7. UK
7.3.7.1. Market Volume and Forecast, By Type
7.3.7.2. Market Revenue and Forecast, By Application
7.3.8. France
7.3.8.1. Market Volume and Forecast, By Type
7.3.8.2. Market Revenue and Forecast, By Application
7.3.9. Italy
7.3.9.1. Market Volume and Forecast, By Type
7.3.9.2. Market Revenue and Forecast, By Application
7.3.10. Rest of Europe
7.3.10.1. Market Volume and Forecast, By Type
7.3.10.2. Market Revenue and Forecast, By Application
7.4. Asia-Pacific
7.4.1. Market Volume and Forecast, By Type
7.4.2. Market Volume and Forecast, By Application
7.4.3. Market Revenue and Forecast, By Type
7.4.4. Market Revenue and Forecast, By Application
7.4.5. Market Revenue and Forecast, By Country
7.4.6. China
7.4.6.1. Market Volume and Forecast, By Type
7.4.6.2. Market Revenue and Forecast, By Application
7.4.7. India
7.4.7.1. Market Volume and Forecast, By Type
7.4.7.2. Market Revenue and Forecast, By Application
7.4.8. Japan
7.4.8.1. Market Volume and Forecast, By Type
7.4.8.2. Market Revenue and Forecast, By Application
7.4.9. South Korea
7.4.9.1. Market Volume and Forecast, By Type
7.4.9.2. Market Revenue and Forecast, By Application
7.4.10. Rest of Asia-Pacific
7.4.10.1. Market Volume and Forecast, By Type
7.4.10.2. Market Revenue and Forecast, By Application
7.5. REST OF THE WORLD
7.5.1. Market Volume and Forecast, By Type
7.5.2. Market Volume and Forecast, By Application
7.5.3. Market Revenue and Forecast, By Type
7.5.4. Market Revenue and Forecast, By Application
7.5.5. Market Revenue and Forecast, By Country
7.5.6. Latin America
7.5.6.1. Market Volume and Forecast, By Type
7.5.6.2. Market Revenue and Forecast, By Application
7.5.7. Middle East
7.5.7.1. Market Volume and Forecast, By Type
7.5.7.2. Market Revenue and Forecast, By Application
7.5.8. Africa
7.5.8.1. Market Volume and Forecast, By Type
7.5.8.2. Market Revenue and Forecast, By Application
CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Plate Fined Heat Exchanger Market Share Analysis, 2018
CHAPTER 9: COMPANY PROFILES
9.1. Yonghong
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. SWOT Analysis
9.2. API
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. SWOT Analysis
9.3. Airtecc
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. SWOT Analysis
9.4. Zhongtai Cryogenic
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. SWOT Analysis
9.5. Hongsheng
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. SWOT Analysis
9.6. Linde Engineering
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. SWOT Analysis
9.7. CHART
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. SWOT Analysis
9.8. Sumitomo Precision
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. SWOT Analysis
9.9. Jialong
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. SWOT Analysis
9.10. Guanyun
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. SWOT Analysis
9.11. Hangyang
9.11.1. Company Overview
9.11.2. Financial Performance
9.11.3. SWOT Analysis
9.12. Fang Sheng
9.12.1. Company Overview
9.12.2. Financial Performance
9.12.3. SWOT Analysis
9.13. Xinsheng
9.13.1. Company Overview
9.13.2. Financial Performance
9.13.3. SWOT Analysis
9.14. Donghwa Entec
9.14.1. Company Overview
9.14.2. Financial Performance
9.14.3. SWOT Analysis
9.15. Kobe Steel
9.15.1. Company Overview
9.15.2. Financial Performance
9.15.3. SWOT Analysis
9.16. AKG
9.16.1. Company Overview
9.16.2. Financial Performance
9.16.3. SWOT Analysis
9.17. Triumph
9.17.1. Company Overview
9.17.2. Financial Performance
9.17.3. SWOT Analysis
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