Global Heat-Exchange Equipment Supply, Demand and Key Producers, 2026-2032

The global Heat-Exchange Equipment market size is expected to reach $ 15280 million by 2032, rising at a market growth of 2.7% CAGR during the forecast period (2026-2032).

The equipment that transfers heat from hot fluid to cold fluid is called heat exchange equipment, which is widely used in oil refining, chemical industry, light industry, pharmaceuticals, machinery, food processing and other fields.

The global heat exchange equipment production market is relatively fragmented. The main manufacturers on the market include Alfa Laval, Kelvion (GEA), IHI, SPX Corporation, Danfoss (Sondex), etc., as global leading companies. Europe is the world"s largest production area, accounting for 31% of the market for output value. THT Group, Gansu Lanke Petrochemical High-tech Equipment, Accessen, etc. are leading domestic manufacturers.

The global heat exchange equipment consumer market is mainly concentrated in the Asia-Pacific region, Europe, North America and other regions. Among them, the Asia-Pacific region has the largest share of heat exchange equipment sales, accounting for 45% of the world in 2019. Europe and North America are behind.

In the downstream consumer market, heat exchange equipment can be widely used in petrochemicals, power and metallurgy, ships, machinery, food, pharmaceuticals, etc., among which petrochemical applications are the largest consumer market, accounting for 36% of the market.

Heat-Exchange Equipment can be divided into 3 types: Shell and Tube Heat Exchanger, Plate Heat Exchanger and Air-cooled Heat Exchanger. Shell and Tube Heat Exchanger holds nearly 50% of the market, which is the biggest among the three.

This report studies the global Heat-Exchange Equipment production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Heat-Exchange Equipment and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Heat-Exchange Equipment that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Heat-Exchange Equipment total production and demand, 2021-2032, (K MT)

Global Heat-Exchange Equipment total production value, 2021-2032, (USD Million)

Global Heat-Exchange Equipment production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K MT), (based on production site)

Global Heat-Exchange Equipment consumption by region & country, CAGR, 2021-2032 & (K MT)

U.S. VS China: Heat-Exchange Equipment domestic production, consumption, key domestic manufacturers and share

Global Heat-Exchange Equipment production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K MT)

Global Heat-Exchange Equipment production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K MT)

Global Heat-Exchange Equipment production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K MT)

This report profiles key players in the global Heat-Exchange Equipment market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Alfa Laval, Kelvion (GEA), IHI, SPX Corporation, Danfoss (Sondex), API Heat Transfer, SPX Flow, Doosan, KNM, Xylem, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Heat-Exchange Equipment market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (USD/MT) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global Heat-Exchange Equipment Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Heat-Exchange Equipment Market, Segmentation by Type:
Shell and Tube Heat Exchanger
Plate Heat Exchanger
Air-cooled Heat Exchanger

Global Heat-Exchange Equipment Market, Segmentation by Application:
Petrochemical
Power and Metallurgy
Ship
Mechanical
Food
Pharmaceutical
Other

Companies Profiled:
Alfa Laval
Kelvion (GEA)
IHI
SPX Corporation
Danfoss (Sondex)
API Heat Transfer
SPX Flow
Doosan
KNM
Xylem
Swep
FUNKE
HISAKA WORKS, LTD.
LARSEN & TOUBRO
THT
Hitachi Zosen Corporation
Lanke Shihua
Accessen
KTR
Oeltechnik
Siping Vickers Heat Exchange Equipment Co., Ltd.
Lanzhou lanshi Heat Exchange Equipment Co., Ltd.
Shandong Beichen
Thermowave
Hubei Defon Heat Exchange Equipment Co., Ltd.
FL-HTEP

Key Questions Answered:

1. How big is the global Heat-Exchange Equipment market?

2. What is the demand of the global Heat-Exchange Equipment market?

3. What is the year over year growth of the global Heat-Exchange Equipment market?

4. What is the production and production value of the global Heat-Exchange Equipment market?

5. Who are the key producers in the global Heat-Exchange Equipment market?

6. What are the growth factors driving the market demand? Show more