Shell and Tube Heat Exchangers

Shell and Tube Heat Exchangers

Global Shell and Tube Heat Exchangers Market to Reach $11.4 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Shell and Tube Heat Exchangers estimated at US$6.4 Billion in the year 2022, is projected to reach a revised size of US$11.4 Billion by 2030, growing at aCAGR of 7.5% over the period 2022-2030. Steel, one of the segments analyzed in the report, is projected to record 8% CAGR and reach US$4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Nickel & Nickel Alloys segment is readjusted to a revised 8.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.9 Billion, While China is Forecast to Grow at 7.1% CAGR
The Shell and Tube Heat Exchangers market in the U.S. is estimated at US$1.9 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$2 Billion by the year 2030 trailing a CAGR of 7.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.2% and 5.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.2% CAGR.

Select Competitors (Total 33 Featured) -

• Alfa Laval
• API Heat Transfer Inc
• Balcke-Dürr
• Barriquand Technologies Thermiques
• Brask Inc
• Chicago Bridge and Iron Company
• EJ Bowman
• Enerfin
• GEA Heat Exchangers Group
• Hamon Group
• Harsco Industrial Air-X-Changers
• HISAKA
• Hrs Heat Exchangers Ltd
• Hughes Anderson Heat Exchangers Inc
• Kelvion Holdings GmbH
• Koch Heat Transfer Co
• Manning and Lewis
• SmartHeat
• Sondex
• Southern Heat Exchanger Corp
• SPX Cooling Technologies
• SPX Heat Transfer
• Tranter
• Vahterus
• Xylem

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