Search results for: 'plate heat exchangers'

04 Dec 2024  |  Global  |  Market Research

Residential Heat Pump Industry, Global, 2024-2035

The Need to Decarbonize Residential Buildings is Driving Transformational Growth

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The global residential heat pump (HP) market is forecast to reach 17.0 million units by 2035, up from 7.6 million in 2024. Market definitions are important to the market forecast, and Frost & Sullivan excludes the sale of HPs for air conditioning. Market revenues are forecast to reach $80.43 billion by 2035, at a CAGR of 8.5% from 2024 to 2035. As ...

The European heat exchangers market recorded steady growth in 2019, following a period of economic downturn over the past few years. The market witnessed strong demand from end users, with a positive investment climate across key end-use industries such as chemicals and petrochemicals; heating, ventilation, and air conditioning (HVAC); and power ge...

12 Feb 2024  |  Global  |  Market Research

Growth Opportunities in Heat Transfer Fluids

Strategic Acquisitions and Partnerships Will Prove Key to Business Expansion

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Heat transfer fluids offer significant functional advantages to end users across industries. For instance, they deliver superior thermal management that augments the life of critical industrial machinery and equipment as well as reduces costly plant downtime caused by equipment failure associated with poor thermal management. The development of tec...

The need to decarbonize the industrial economy is becoming ever more important. Much has been achieved so far in the decarbonization of power generation, but progress in the realm of industrial decarbonization has been relatively slow. This is now gradually changing as businesses seek to comply with environmental, social, and governance (ESG) goals...

The North American heat exchangers market is currently recording steady growth after a period of prolonged economic depression due to the weakening of the oil and gas industry. The emergence of the United States as a powerhouse in the oil and gas industry and the high availability of natural gas are driving market investments for heat exchangers. I...

The European heat exchangers market is long established and mature. At a total market level, new applications are limited, competitiveness is increasing, prices are falling, and the important replacement market is suffering from a continual lengthening of product lifetimes. However, sections of the market are more dynamic. This report considers de...

Growth in the aftermarket for clutch plates is likely to be achieved against the backdrop of the high growth of the passenger car, multi-utility vehicle, and two- and three-wheeler segments. The commercial vehicle and the tractor segment are likely to witness slow growth over the forecast period, underperforming the market over the forecast period....

24 Nov 2017  |  Asia Pacific  |  Market Research

Growth Opportunities for District Heating and Cooling in Asia, Forecast to 2021

Increasing Adoption of DHC Creates Abundant Opportunities for Growth

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District heating and cooling is not a new concept, but this technology is gaining traction in Asia in the current era of urbanization, energy insecurity, and climate change mitigation. The study period is 2014–2021, with the base year as 2016, and forecast period as 2017 to 2021. This research covers East Asia (Japan, South Korea, and Taiwan) and S...