Cooling Tower Market -Global Trends and Forecasts(2025 to 2034)
Description
Cooling Tower Market Size And Forecast
According to Factview Research, Global Cooling Tower Market was valued at USD 2.82 Billion in 2024 and is projected to reach USD 4.21 Billion by 2034, growing at a CAGR of 4.5% from 2025 to 2034.
Global Cooling Tower Market Outlook
Increasing demand for cooling towers in the construction, air conditioning, manufacturing and power generation industry is likely to drive the growth of the market over the forecast period. The rise in demand for the HVACR system in the construction and manufacturing industry is anticipated to drive the growth of the market. The rapid pace of urbanization and industrialization is also expected to support the growth of the market. However, high maintenance cost is a major factor that may affect the growth of the cooling tower market. Moreover, with the growing technological advancement in the cooling towers coupled with the rise in demand from the developing countries is anticipated to propel the growth of the market over the forecast period.
Global Cooling Tower Market Competitive Landscape
The Global Cooling Tower Market study report will provide a valuable insight with an emphasis on Global market including some of the major players such as SPX Corporation, Baltimore Aircoil Company, Evapco Inc., Bell Cooling Tower, Brentwood Industries Inc., Enexio, Star Cooling Towers Private Ltd., SPIG S.p.A., Paharpur Cooling Towers, and Hamon & Cie International SA.
According to Factview Research, Global Cooling Tower Market was valued at USD 2.82 Billion in 2024 and is projected to reach USD 4.21 Billion by 2034, growing at a CAGR of 4.5% from 2025 to 2034.
Global Cooling Tower Market Outlook
Increasing demand for cooling towers in the construction, air conditioning, manufacturing and power generation industry is likely to drive the growth of the market over the forecast period. The rise in demand for the HVACR system in the construction and manufacturing industry is anticipated to drive the growth of the market. The rapid pace of urbanization and industrialization is also expected to support the growth of the market. However, high maintenance cost is a major factor that may affect the growth of the cooling tower market. Moreover, with the growing technological advancement in the cooling towers coupled with the rise in demand from the developing countries is anticipated to propel the growth of the market over the forecast period.
Global Cooling Tower Market Competitive Landscape
The Global Cooling Tower Market study report will provide a valuable insight with an emphasis on Global market including some of the major players such as SPX Corporation, Baltimore Aircoil Company, Evapco Inc., Bell Cooling Tower, Brentwood Industries Inc., Enexio, Star Cooling Towers Private Ltd., SPIG S.p.A., Paharpur Cooling Towers, and Hamon & Cie International SA.
Table of Contents
198 Pages
- 1 Introduction Of Global Cooling Tower Market
- 1.1 Overview Of The Market
- 1.2 Scope Of Report
- 1.3 Assumptions
- 2 Executive Summary
- 3 Research Methodology Of Factview Research
- 3.1 Data Mining
- 3.2 Validation
- 3.3 Primary Interviews
- 3.4 List Of Data Sources
- 4 Global Cooling Tower Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 5 Global Cooling Tower Market, By Type
- 5.1 Introduction
- 5.2 Evaporative Cooling Tower
- 5.3 Dry Cooling Tower
- 5.4 Hybrid Cooling Tower
- 6 Global Cooling Tower Market, By Application
- 6.1 Introduction
- 6.2 Chemicals
- 6.3 Petrochemicals And Oil &Amp; Gas
- 6.4 Hvacr
- 6.5 Food &Amp; Beverages
- 6.6 Power Generation
- 6.7 Others
- 7 Global Cooling Tower Market, By Geography
- 7.1 Overview
- 7.2 North America
- 7.2.1 U.S.
- 7.2.2 Canada
- 7.2.3 Mexico
- 7.3 Europe
- 7.3.1 Germany
- 7.3.2 U.K.
- 7.3.3 France
- 7.3.4 Rest Of Europe
- 7.4 Asia Pacific
- 7.4.1 China
- 7.4.2 Japan
- 7.4.3 India
- 7.4.4 Rest Of Asia Pacific
- 7.5 Rest Of The World
- 7.5.1 Middle East And Africa
- 7.5.2 South America
- 8 Global Cooling Tower Market Competitive Landscape
- 8.1 Overview
- 8.2 Company Market Ranking
- 8.3 Key Development Strategies
- 9 Company Profiles
- 9.1 Spx Corporation
- 9.1.1 Overview
- 9.1.2 Financial Performance
- 9.1.3 Product Outlook
- 9.1.4 Key Developments
- 9.2 Baltimore Aircoil Company
- 9.2.1 Overview
- 9.2.2 Financial Performance
- 9.2.3 Product Outlook
- 9.2.4 Key Developments
- 9.3 Evapco Inc.
- 9.3.1 Overview
- 9.3.2 Financial Performance
- 9.3.3 Product Outlook
- 9.3.4 Key Developments
- 9.4 Bell Cooling Tower
- 9.4.1 Overview
- 9.4.2 Financial Performance
- 9.4.3 Product Outlook
- 9.4.4 Key Developments
- 9.5 Brentwood Industries Inc.
- 9.5.1 Overview
- 9.5.2 Financial Performance
- 9.5.3 Product Outlook
- 9.5.4 Key Developments
- 9.6 Enexio
- 9.6.1 Overview
- 9.6.2 Financial Performance
- 9.6.3 Product Outlook
- 9.6.4 Key Developments
- 9.7 Star Cooling Towers Private Ltd.
- 9.7.1 Overview
- 9.7.2 Financial Performance
- 9.7.3 Product Outlook
- 9.7.4 Key Developments
- 9.8 Spig S.P.A.
- 9.8.1 Overview
- 9.8.2 Financial Performance
- 9.8.3 Product Outlook
- 9.8.4 Key Developments
- 9.9 Paharpur Cooling Towers
- 9.9.1 Overview
- 9.9.2 Financial Performance
- 9.9.3 Product Outlook
- 9.9.4 Key Developments
- 9.10 Hamon &Amp; Cie International Sa
- 9.10.1 Overview
- 9.10.2 Financial Performance
- 9.10.3 Product Outlook
- 9.10.4 Key Developments
- 10 Appendix
- 10.1 Related Research
Pricing
Currency Rates
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