Global Plate and Frame Heat Exchangers Supply, Demand and Key Producers, 2026-2032
Description
The global Plate and Frame Heat Exchangers market size is expected to reach $ 7273 million by 2032, rising at a market growth of 4.3% CAGR during the forecast period (2026-2032).
A plate and frame heat exchanger is a type of heat exchanger that uses metal plates to transfer heat between two fluids. This has a major advantage over a conventional heat exchanger in that the fluids are exposed to a much larger surface area because the fluids are spread out over the plates. This facilitates the transfer of heat, and greatly increases the speed of the temperature change.
The Plate and Frame Heat Exchangers market has been experiencing growth driven by increasing demand for efficient heat transfer solutions across multiple industries. Plate and Frame Heat Exchangers are widely used in heating, ventilation, and air conditioning (HVAC) systems, refrigeration, chemical processing, power generation, food and beverages, pharmaceuticals, and petrochemicals, among others.
Market Drivers
Energy Efficiency: Growing emphasis on energy efficiency has bolstered demand for Plate and Frame Heat Exchangers, as these systems are highly efficient in transferring heat, helping industries reduce energy consumption and operational costs. Stringent Environmental Regulations: Regulations focusing on reducing greenhouse gas emissions and promoting sustainable practices are encouraging industries to adopt more efficient heat exchanger systems, driving market growth. Rapid Industrialization: Rising industrial activities, especially in emerging economies, contribute to demand, as these industries need efficient heating and cooling solutions.
Market Trends
Increased Adoption in Renewable Energy: Renewable energy applications, such as geothermal heating systems and solar water heating, are increasingly using Plate and Frame Heat Exchangers due to their efficiency and compatibility with various heat transfer media. Focus on Compact and Modular Designs: Manufacturers are developing more compact, modular Plate and Frame Heat Exchangers to optimize space and facilitate easier installation and maintenance. These designs are becoming popular in urban settings and industries with space constraints. Use of Corrosion-Resistant Materials: With applications expanding in sectors with corrosive environments (e.g., chemical and petrochemical industries), there is growing use of corrosion-resistant materials like stainless steel, titanium, and special alloys, enhancing longevity and reducing maintenance needs.
This report studies the global Plate and Frame Heat Exchangers production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Plate and Frame Heat Exchangers 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 Plate and Frame Heat Exchangers that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Plate and Frame Heat Exchangers total production and demand, 2021-2032, (K Sqm)
Global Plate and Frame Heat Exchangers total production value, 2021-2032, (USD Million)
Global Plate and Frame Heat Exchangers production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Sqm), (based on production site)
Global Plate and Frame Heat Exchangers consumption by region & country, CAGR, 2021-2032 & (K Sqm)
U.S. VS China: Plate and Frame Heat Exchangers domestic production, consumption, key domestic manufacturers and share
Global Plate and Frame Heat Exchangers production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Sqm)
Global Plate and Frame Heat Exchangers production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Sqm)
Global Plate and Frame Heat Exchangers production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Sqm)
This report profiles key players in the global Plate and Frame Heat Exchangers 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, Danfoss, SWEP, Spx Flow, Hisaka Works, GU & THT, Xylem, API Heat Transfer, FUNKE, 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 Plate and Frame Heat Exchangers market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Sqm) and average price (USD/Sqm) 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 Plate and Frame Heat Exchangers Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Plate and Frame Heat Exchangers Market, Segmentation by Type:
Gasketed
Brazed
Welded
Global Plate and Frame Heat Exchangers Market, Segmentation by Application:
HVAC & Cooling
Oil & Gas
Power Generation
Chemical
Food & Beverage
Manufacturing Industry
Others
Companies Profiled:
Alfa Laval
Kelvion
Danfoss
SWEP
Spx Flow
Hisaka Works
GU & THT
Xylem
API Heat Transfer
FUNKE
Siping ViEX
Kaori Heat Treatment
LS Heat Exchange
Güntner Group
Cipriani Heat Exchangers
Ningbo Hrale
HRS Heat Exchangers
Key Questions Answered:
1. How big is the global Plate and Frame Heat Exchangers market?
2. What is the demand of the global Plate and Frame Heat Exchangers market?
3. What is the year over year growth of the global Plate and Frame Heat Exchangers market?
4. What is the production and production value of the global Plate and Frame Heat Exchangers market?
5. Who are the key producers in the global Plate and Frame Heat Exchangers market?
6. What are the growth factors driving the market demand?
A plate and frame heat exchanger is a type of heat exchanger that uses metal plates to transfer heat between two fluids. This has a major advantage over a conventional heat exchanger in that the fluids are exposed to a much larger surface area because the fluids are spread out over the plates. This facilitates the transfer of heat, and greatly increases the speed of the temperature change.
The Plate and Frame Heat Exchangers market has been experiencing growth driven by increasing demand for efficient heat transfer solutions across multiple industries. Plate and Frame Heat Exchangers are widely used in heating, ventilation, and air conditioning (HVAC) systems, refrigeration, chemical processing, power generation, food and beverages, pharmaceuticals, and petrochemicals, among others.
Market Drivers
Energy Efficiency: Growing emphasis on energy efficiency has bolstered demand for Plate and Frame Heat Exchangers, as these systems are highly efficient in transferring heat, helping industries reduce energy consumption and operational costs. Stringent Environmental Regulations: Regulations focusing on reducing greenhouse gas emissions and promoting sustainable practices are encouraging industries to adopt more efficient heat exchanger systems, driving market growth. Rapid Industrialization: Rising industrial activities, especially in emerging economies, contribute to demand, as these industries need efficient heating and cooling solutions.
Market Trends
Increased Adoption in Renewable Energy: Renewable energy applications, such as geothermal heating systems and solar water heating, are increasingly using Plate and Frame Heat Exchangers due to their efficiency and compatibility with various heat transfer media. Focus on Compact and Modular Designs: Manufacturers are developing more compact, modular Plate and Frame Heat Exchangers to optimize space and facilitate easier installation and maintenance. These designs are becoming popular in urban settings and industries with space constraints. Use of Corrosion-Resistant Materials: With applications expanding in sectors with corrosive environments (e.g., chemical and petrochemical industries), there is growing use of corrosion-resistant materials like stainless steel, titanium, and special alloys, enhancing longevity and reducing maintenance needs.
This report studies the global Plate and Frame Heat Exchangers production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Plate and Frame Heat Exchangers 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 Plate and Frame Heat Exchangers that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Plate and Frame Heat Exchangers total production and demand, 2021-2032, (K Sqm)
Global Plate and Frame Heat Exchangers total production value, 2021-2032, (USD Million)
Global Plate and Frame Heat Exchangers production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Sqm), (based on production site)
Global Plate and Frame Heat Exchangers consumption by region & country, CAGR, 2021-2032 & (K Sqm)
U.S. VS China: Plate and Frame Heat Exchangers domestic production, consumption, key domestic manufacturers and share
Global Plate and Frame Heat Exchangers production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Sqm)
Global Plate and Frame Heat Exchangers production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Sqm)
Global Plate and Frame Heat Exchangers production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Sqm)
This report profiles key players in the global Plate and Frame Heat Exchangers 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, Danfoss, SWEP, Spx Flow, Hisaka Works, GU & THT, Xylem, API Heat Transfer, FUNKE, 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 Plate and Frame Heat Exchangers market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Sqm) and average price (USD/Sqm) 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 Plate and Frame Heat Exchangers Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Plate and Frame Heat Exchangers Market, Segmentation by Type:
Gasketed
Brazed
Welded
Global Plate and Frame Heat Exchangers Market, Segmentation by Application:
HVAC & Cooling
Oil & Gas
Power Generation
Chemical
Food & Beverage
Manufacturing Industry
Others
Companies Profiled:
Alfa Laval
Kelvion
Danfoss
SWEP
Spx Flow
Hisaka Works
GU & THT
Xylem
API Heat Transfer
FUNKE
Siping ViEX
Kaori Heat Treatment
LS Heat Exchange
Güntner Group
Cipriani Heat Exchangers
Ningbo Hrale
HRS Heat Exchangers
Key Questions Answered:
1. How big is the global Plate and Frame Heat Exchangers market?
2. What is the demand of the global Plate and Frame Heat Exchangers market?
3. What is the year over year growth of the global Plate and Frame Heat Exchangers market?
4. What is the production and production value of the global Plate and Frame Heat Exchangers market?
5. Who are the key producers in the global Plate and Frame Heat Exchangers market?
6. What are the growth factors driving the market demand?
Table of Contents
146 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
Pricing
Currency Rates
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