Global Process Shell and Tube Heat Exchangers Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Process Shell and Tube Heat Exchangers market size was valued at US$ 1062 million in 2024 and is forecast to a readjusted size of USD 1515 million by 2031 with a CAGR of 5.3% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Shell and tube heat exchangers are typical heat exchange equipment widely used in petroleum, chemical and other industries. Its structure includes components such as tube bundles, shells and tube sheets. In industrial production processes, shell-and-tube heat exchangers can transfer heat from the process fluid to the heat transfer fluid on the other side to achieve heating or cooling. Due to its simple structure, reliable use, and strong adaptability, shell and tube heat exchangers have been widely used in many industrial fields.
The shell & tube heat exchangers demand from the developing economies of Asia Pacific including China and India is increasing, owing to rapid industrialization, raw material prices, and low-cost labor. The increasing investments in manufacturing, commercial, and industrial projects in the region have contributed to the overall expansion of the heat exchangers market. The shell & tube heat exchangers market in Asia Pacific is expected grow at a high growth rate, due to increasing demand from the chemical, HVAC, petrochemical, food & beverage, and oil & gas industries. According to the International Energy Agency (IEA), Asia Pacific accounts for more than 50% of the global petrochemical production. Further, many major manufacturers are expanding their manufacturing plants across Asia Pacific to capitalize on the opportunity in the emerging economies of the region. According to the India Brand Equity Foundation, the demand for chemicals in India is expected to expand by 9% per annum and the chemical industry is projected to contribute USD 300 billion to the country’s GDP by 2025.
This report is a detailed and comprehensive analysis for global Process Shell and Tube Heat Exchangers market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Process Shell and Tube Heat Exchangers market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Process Shell and Tube Heat Exchangers market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Process Shell and Tube Heat Exchangers market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Process Shell and Tube Heat Exchangers market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Process Shell and Tube Heat Exchangers
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Process Shell and Tube Heat Exchangers market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Alfa Laval, API Heat Transfer Inc, Tranter, Balcke-Durr, Barriquand Technologies Thermiques, Brask Inc, Xylem, Chicago Bridge & Iron Company, Enerfin, EJ Bowman, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Process Shell and Tube Heat Exchangers market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
L Type
M Type
N Type
E Type
Market segment by Application
Chemicals
Petrochemicals and Oil & Gas
Food & Beverages
Pulp & Paper
Power Generation
Others
Major players covered
Alfa Laval
API Heat Transfer Inc
Tranter
Balcke-Durr
Barriquand Technologies Thermiques
Brask Inc
Xylem
Chicago Bridge & Iron Company
Enerfin
EJ Bowman
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
Sondex
Southern Heat Exchanger Corp
SmartHeat
SPX Heat Transfer
SPX Cooling Technologies
Vahterus
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Process Shell and Tube Heat Exchangers product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Process Shell and Tube Heat Exchangers, with price, sales quantity, revenue, and global market share of Process Shell and Tube Heat Exchangers from 2020 to 2025.
Chapter 3, the Process Shell and Tube Heat Exchangers competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Process Shell and Tube Heat Exchangers breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Process Shell and Tube Heat Exchangers market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Process Shell and Tube Heat Exchangers.
Chapter 14 and 15, to describe Process Shell and Tube Heat Exchangers sales channel, distributors, customers, research findings and conclusion.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Shell and tube heat exchangers are typical heat exchange equipment widely used in petroleum, chemical and other industries. Its structure includes components such as tube bundles, shells and tube sheets. In industrial production processes, shell-and-tube heat exchangers can transfer heat from the process fluid to the heat transfer fluid on the other side to achieve heating or cooling. Due to its simple structure, reliable use, and strong adaptability, shell and tube heat exchangers have been widely used in many industrial fields.
The shell & tube heat exchangers demand from the developing economies of Asia Pacific including China and India is increasing, owing to rapid industrialization, raw material prices, and low-cost labor. The increasing investments in manufacturing, commercial, and industrial projects in the region have contributed to the overall expansion of the heat exchangers market. The shell & tube heat exchangers market in Asia Pacific is expected grow at a high growth rate, due to increasing demand from the chemical, HVAC, petrochemical, food & beverage, and oil & gas industries. According to the International Energy Agency (IEA), Asia Pacific accounts for more than 50% of the global petrochemical production. Further, many major manufacturers are expanding their manufacturing plants across Asia Pacific to capitalize on the opportunity in the emerging economies of the region. According to the India Brand Equity Foundation, the demand for chemicals in India is expected to expand by 9% per annum and the chemical industry is projected to contribute USD 300 billion to the country’s GDP by 2025.
This report is a detailed and comprehensive analysis for global Process Shell and Tube Heat Exchangers market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Process Shell and Tube Heat Exchangers market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Process Shell and Tube Heat Exchangers market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Process Shell and Tube Heat Exchangers market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Process Shell and Tube Heat Exchangers market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Process Shell and Tube Heat Exchangers
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Process Shell and Tube Heat Exchangers market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Alfa Laval, API Heat Transfer Inc, Tranter, Balcke-Durr, Barriquand Technologies Thermiques, Brask Inc, Xylem, Chicago Bridge & Iron Company, Enerfin, EJ Bowman, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Process Shell and Tube Heat Exchangers market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
L Type
M Type
N Type
E Type
Market segment by Application
Chemicals
Petrochemicals and Oil & Gas
Food & Beverages
Pulp & Paper
Power Generation
Others
Major players covered
Alfa Laval
API Heat Transfer Inc
Tranter
Balcke-Durr
Barriquand Technologies Thermiques
Brask Inc
Xylem
Chicago Bridge & Iron Company
Enerfin
EJ Bowman
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
Sondex
Southern Heat Exchanger Corp
SmartHeat
SPX Heat Transfer
SPX Cooling Technologies
Vahterus
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Process Shell and Tube Heat Exchangers product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Process Shell and Tube Heat Exchangers, with price, sales quantity, revenue, and global market share of Process Shell and Tube Heat Exchangers from 2020 to 2025.
Chapter 3, the Process Shell and Tube Heat Exchangers competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Process Shell and Tube Heat Exchangers breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Process Shell and Tube Heat Exchangers market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Process Shell and Tube Heat Exchangers.
Chapter 14 and 15, to describe Process Shell and Tube Heat Exchangers sales channel, distributors, customers, research findings and conclusion.
Table of Contents
158 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Process Shell and Tube Heat Exchangers by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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