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Global Cooling Towers Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Publisher DIResearch
Published Jul 10, 2025
Length 165 Pages
SKU # DIR20251113

Description

Market Overview

According to DIResearch's in-depth investigation and research, the global Cooling Towers market size will reach 4,080.18 Million USD in 2025 and is projected to reach 5,380.09 Million USD by 2032, with a CAGR of 4.03% (2025-2032). Notably, the China Cooling Towers market has changed rapidly in the past few years. By 2025, China's market size is expected to be  Million USD, representing approximately  % of the global market share.

Research Summary

Cooling towers are large, specialized heat rejection devices used in industrial processes and air conditioning systems to remove excess heat from the surrounding environment. They work on the principle of evaporative cooling, where hot water or process fluids are circulated through the tower and sprayed or allowed to flow over a network of heat exchange surfaces, called fill media. As air passes through the tower, it comes into contact with the water, causing a portion of it to evaporate and carry away the heat from the remaining water. This evaporation process cools down the water, which is then recirculated back into the system to absorb more heat. Cooling towers help dissipate the waste heat produced during industrial processes or air conditioning, maintaining the equipment's efficiency and preventing overheating. They are widely used in power plants, chemical plants, refineries, HVAC systems, and other applications where large-scale cooling is required.

The major global  manufacturers of Cooling Towers include Baltimore Aircoil Company (BAC), SPX Cooling Technologies, EVAPCO, Seagull Cooling Technologies, KUKEN, Hamon, Paharpur Cooling Towers, Kelvion, BRAPU, ENEXIO, EBARA, Kobelco Eco-Solutions, Laxun Cooling Tower, Liang Chi Industry, Hunan Yuanheng, King Sun Industry, Zhejiang Lianfeng, Babcock & Wilcox, Mitsubishi Chemical Infratec, Feiyang Group, Kyung In Machinery, Nihon Spindle, Metso Outotec, Sinro Group, Wuxi Fangzhou, Delta Cooling Towers, Daeil Aqua, Wanxiang Refrigeration, Pengsheng Heat Transfer, Shanghai Tyacht, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Cooling Towers. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Cooling Towers market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Cooling Towers market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Cooling Towers industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Cooling Towers Include:

Baltimore Aircoil Company (BAC)

SPX Cooling Technologies

EVAPCO

Seagull Cooling Technologies

KUKEN

Hamon

Paharpur Cooling Towers

Kelvion

BRAPU

ENEXIO

EBARA

Kobelco Eco-Solutions

Laxun Cooling Tower

Liang Chi Industry

Hunan Yuanheng

King Sun Industry

Zhejiang Lianfeng

Babcock & Wilcox

Mitsubishi Chemical Infratec

Feiyang Group

Kyung In Machinery

Nihon Spindle

Metso Outotec

Sinro Group

Wuxi Fangzhou

Delta Cooling Towers

Daeil Aqua

Wanxiang Refrigeration

Pengsheng Heat Transfer

Shanghai Tyacht

Cooling Towers Product Segment Include:

Open-Circuit Cooling Towers

Closed-Circuit Cooling Towers

Cooling Towers Product Application Include:

Power Generation

HVAC

Oil & Gas

Chemical & Petrochemical

Food & Beverages

Metallurgical

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend

Chapter 2: Global Cooling Towers Industry PESTEL Analysis

Chapter 3: Global Cooling Towers Industry Porter's Five Forces Analysis

Chapter 4: Global Cooling Towers Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis

Chapter 5: Global Cooling Towers Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 6: Global Cooling Towers Sales, Revenue, Price and Forecast by Product Type

Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 8: Industrial Chain Analysis, Cooling Towers Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 9: Research Findings and Conclusion

Chapter 10: Methodology and Data Sources

Table of Contents

165 Pages
1 Cooling Towers Market Overview
1.1 Product Definition and Statistical Scope
1.2 Cooling Towers Product by Type
1.2.1 Open-Circuit Cooling Towers
1.2.2 Closed-Circuit Cooling Towers
1.3 Cooling Towers Product by Application
1.3.1 Power Generation
1.3.2 HVAC
1.3.3 Oil & Gas
1.3.4 Chemical & Petrochemical
1.3.5 Food & Beverages
1.3.6 Metallurgical
1.3.7 Others
1.4 Global Cooling Towers Market Revenue and Sales Analysis
1.4.1 Global Cooling Towers Revenue Market Size Analysis (2020-2032)
1.4.2 Global Cooling Towers Sales Market Size Analysis (2020-2032)
1.4.3 Global Cooling Towers Market Sales Price Trend Analysis (2020-2032)
1.5 Cooling Towers Market Development Status and Trends
1.5.1 Cooling Towers Industry Development Status Analysis
1.5.2 Cooling Towers Industry Development Trends Analysis
2 Cooling Towers Market PESTEL Analysis
2.1 Political Factors Analysis
2.2 Economic Factors Analysis
2.3 Social Factors Analysis
2.4 Technological Factors Analysis
2.5 Environmental Factors Analysis
2.6 Legal Factors Analysis
3 Cooling Towers Market Porter's Five Forces Analysis
3.1 Competitive Rivalry
3.2 Threat of New Entrants
3.3 Bargaining Power of Suppliers
3.4 Bargaining Power of Buyers
3.5 Threat of Substitutes
4 Global Cooling Towers Market Analysis by Country
4.1 Global Cooling Towers Market Size Analysis by Country: 2024 VS 2025 VS 2032
4.1.1 Global Cooling Towers Revenue and Market Share by Country (2020-2025)
4.1.2 Global Cooling Towers Revenue and Market Share Forecast by Country (2026-2032)
4.2 Global Cooling Towers Sales Analysis by Country: 2024 VS 2025 VS 2032
4.2.1 Global Cooling Towers Sales and Market Share by Country (2020-2025)
4.2.2 Global Cooling Towers Sales and Market Share Forecast by Country (2026-2032)
4.3 United States Cooling Towers Market Sales, Revenue and Growth Rate (2020-2032)
4.4 Germany Cooling Towers Market Sales, Revenue and Growth Rate (2020-2032)
4.5 Japan Cooling Towers Market Sales, Revenue and Growth Rate (2020-2032)
4.6 China Cooling Towers Market Sales, Revenue and Growth Rate (2020-2032)
4.7 France Cooling Towers Market Sales, Revenue and Growth Rate (2020-2032)
4.8 U.K. Cooling Towers Market Sales, Revenue and Growth Rate (2020-2032)
4.9 South Korea Cooling Towers Market Sales, Revenue and Growth Rate (2020-2032)
4.10 Canada Cooling Towers Market Sales, Revenue and Growth Rate (2020-2032)
4.11 Italy Cooling Towers Market Sales, Revenue and Growth Rate (2020-2032)
4.12 Russia Cooling Towers Market Sales, Revenue and Growth Rate (2020-2032)
4.13 Mexico Cooling Towers Market Sales, Revenue and Growth Rate (2020-2032)
4.14 Brazil Cooling Towers Market Sales, Revenue and Growth Rate (2020-2032)
4.15 India Cooling Towers Market Sales, Revenue and Growth Rate (2020-2032)
4.16 Vietnam Cooling Towers Market Sales, Revenue and Growth Rate (2020-2032)
4.17 Thailand Cooling Towers Market Sales, Revenue and Growth Rate (2020-2032)
4.18 South Africa Cooling Towers Market Sales, Revenue and Growth Rate (2020-2032)
5 Competition by Manufacturers
5.1 Global Cooling Towers Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
5.1.1 Global Cooling Towers Market Sales by Key Manufacturers (2021-2025)
5.1.2 Global Cooling Towers Market Revenue by Key Manufacturers (2021-2025)
5.1.3 Global Cooling Towers Average Sales Price by Manufacturers (2021-2025)
5.2 Cooling Towers Competitive Landscape Analysis and Market Dynamic
5.2.1 Cooling Towers Competitive Landscape Analysis
5.2.2 Global Key Manufacturers Headquarter and Key Area Sales
5.2.3 Market Dynamic
6 Cooling Towers Market Analysis by Type
6.1 Global Cooling Towers Market Revenue Analysis by Type
6.1.1 Global Cooling Towers Market Size Analysis by Type: 2024 & 2025 & 2032
6.1.2 Global Cooling Towers Revenue and Forecast Analysis by Type (2020-2032)
6.2 Global Cooling Towers Sales and Forecast Analysis by Type (2020-2032)
6.3 Global Cooling Towers Sales Price Trend Analysis by Type (2020-2032)
7 Key Companies Analysis
7.1 Baltimore Aircoil Company (BAC)
7.1.1 Baltimore Aircoil Company (BAC) Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.1.2 Baltimore Aircoil Company (BAC) Cooling Towers Product Portfolio
7.1.3 Baltimore Aircoil Company (BAC) Cooling Towers Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.2 SPX Cooling Technologies
7.2.1 SPX Cooling Technologies Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.2.2 SPX Cooling Technologies Cooling Towers Product Portfolio
7.2.3 SPX Cooling Technologies Cooling Towers Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.3 EVAPCO
7.3.1 EVAPCO Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.3.2 EVAPCO Cooling Towers Product Portfolio
7.3.3 EVAPCO Cooling Towers Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.4 Seagull Cooling Technologies
7.4.1 Seagull Cooling Technologies Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.4.2 Seagull Cooling Technologies Cooling Towers Product Portfolio
7.4.3 Seagull Cooling Technologies Cooling Towers Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.5 KUKEN
7.5.1 KUKEN Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.5.2 KUKEN Cooling Towers Product Portfolio
7.5.3 KUKEN Cooling Towers Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.6 Hamon
7.6.1 Hamon Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.6.2 Hamon Cooling Towers Product Portfolio
7.6.3 Hamon Cooling Towers Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.7 Paharpur Cooling Towers
7.7.1 Paharpur Cooling Towers Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.7.2 Paharpur Cooling Towers Cooling Towers Product Portfolio
7.7.3 Paharpur Cooling Towers Cooling Towers Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.8 Kelvion
7.8.1 Kelvion Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.8.2 Kelvion Cooling Towers Product Portfolio
7.8.3 Kelvion Cooling Towers Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.9 BRAPU
7.9.1 BRAPU Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.9.2 BRAPU Cooling Towers Product Portfolio
7.9.3 BRAPU Cooling Towers Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.10 ENEXIO
7.10.1 ENEXIO Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.10.2 ENEXIO Cooling Towers Product Portfolio
7.10.3 ENEXIO Cooling Towers Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.11 EBARA
7.11.1 EBARA Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.11.2 EBARA Cooling Towers Product Portfolio
7.11.3 EBARA Cooling Towers Market Data 
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