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Shell & Tube Heat Exchanger Market by Application (Chemicals, Petrochemicals and Oil & Gas, HVACR, Food & Beverages, Pulp & Paper, Power Generation) and Region - Global Forecast to 2020

Shell & Tube Heat Exchanger Market by Application (Chemicals, Petrochemicals and Oil & Gas, HVACR, Food & Beverages, Pulp & Paper, Power Generation) and Region - Global Forecast to 2020

“Increasing investment in chemicals, petrochemicals and oil & gas, and HVAC industries is a prime factor for the growth of shell & tube heat exchangers market”
The global shell & tube heat exchangers market size (2015–2020) is estimated to reach USD 7.05 billion by 2020 at a CAGR of 4.98%. Growth in chemicals industry is one of the major factors for the growth of shell & tube heat exchangers market. Shell & tube heat exchangers have the following properties: high efficiency and heat transfer capacity, low pressure drops, ease of repair, abrasive wear protection that diminishes the erosion, price advantage, and excellent drainage properties. These unique properties makes it a valuable heat exchanger for various applications and drives the growth of shell & tube heat exchangers market.

“Chemicals is the largest application of shell & tube heat exchangers”
Shell & tube heat exchangers are used in various applications such as chemicals, petrochemicals and oil & gas, HVAC & refrigeration, food & beverages, power generation, pulp & paper and others. In 2015, the chemicals segment accounted for the largest market share among all the applications, in terms of value, followed by petrochemicals and oil & gas, HVAC & refrigeration, and power generation. Among all the applications, chemicals is estimated to register the highest CAGR between 2015 and 2020.

“Rising demand from Europe is the major driver for shell & tube heat exchangers market“

In 2015, Europe is estimated to account for the largest market share, in terms of value, and is estimated to remain the market leader in next 5 years. High purity standards and stringent environmental regulations and surging energy demand in this region drive the shell & tube heat exchangers market on a very large scale. Germany led the demand for shell & tube heat exchangers due to increased demand for chemicals in the last 2–3 years. Other emerging economies, such as India and Brazil are the markets which are projected to grow rapidly.

In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted.

The break-up of primary interviews is given below.
By Company Type - Tier 1 - 37 %, Tier 2 – 50 % and Others - 13 %
By Designation - C level - 50%, Director level - 31%, Others - 19%
By Region - North America - 38%, Europe - 36%, Asia-Pacific - 25%, RoW – 6%


The key companies profiled in this market research report are Alfa Laval AB (Sweden), HRS Heat Exchangers (U.K.), Standard Xchange (U.S.), SPX Corporation (U.S.), Kelvion Holdings GmbH (Germany), Southern Heat Exchanger Corporation (U.S.), Manning and Lewis (U.S.), Koch Heat Transfer Company (U.S.), Hughes Anderson Heat Exchangers Inc. (U.S.), and API Heat Transfer Inc. (U.S.)

The report will help the market leaders/new entrants in this market in the following ways:

1. This report segments the shell & tube heat exchangers market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the sub-segments across the different verticals and regions.

2. The report helps stakeholders to understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand the competitors and gain more insights to better their position in the business. The competitive landscape section includes new product developments, partnerships, and mergers & acquisitions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
      • CURRENCY
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
      • ASSUMPTIONS
      • LIMITATIONS
  • EXECUTIVE SUMMARY
    • Table SHELL & TUBE HEAT EXCHANGERS MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • Table SHELL & TUBE HEAT EXCHANGERS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN SHELL & TUBE HEAT EXCHANGERS MARKET
    • SHELL & TUBE HEAT EXCHANGERS MARKET
    • SHELL & TUBE HEAT EXCHANGERS MARKET IN ASIA-PACIFIC, 2014
    • LEADING COUNTRIES IN SHELL & TUBE HEAT EXCHANGERS MARKET, 2014
    • SHELL & TUBE HEAT EXCHANGERS MARKET SIZE, BY LEADING COUNTRIES, 2015-2020 (USD MILLION)
    • SHELL & TUBE HEAT EXCHANGERS MARKET, BY APPLICATION (2014)
    • LIFECYCLE ANALYSIS, BY REGION
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • BURNING ISSUES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • PORTER'S FIVE FORCES ANALYSIS
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF SUBSTITUTES
      • THREAT OF NEW ENTRANTS
      • DEGREE OF COMPETITION
    • RAW MATERIALS USED IN MANUFACTURING SHELL & TUBE HEAT EXCHANGERS
    • REGULATORY FRAMEWORK
      • STANDARDS
      • CODES
        • Table HEAT EXCHANGER: INTERNATIONAL DESIGN CODES USED FOR MECHANICAL DESIGN
  • SHELL & TUBE HEAT EXCHANGERS MARKET, BY APPLICATION KEY FINDINGS
    • INTRODUCTION
      • Table SHELL & TUBE HEAT EXCHANGERS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • CHEMICALS
      • Table SHELL & TUBE HEAT EXCHANGERS MARKET SIZE IN CHEMICALS APPLICATION, BY REGION, 2013-2020 (USD MILLION)
    • PETROCHEMICALS AND OIL & GAS
      • Table SHELL & TUBE HEAT EXCHANGERS MARKET SIZE IN PETROCHEMICALS AND OIL & GAS APPLICATION, BY REGION, 2013-2020 ( USD MILLION)
    • HVAC & REFRIGERATION
      • Table SHELL & TUBE HEAT EXCHANGERS MARKET SIZE IN HVAC & REFRIGERATION APPLICATION, BY REGION, 2013-2020 (USD MILLION)
    • FOOD & BEVERAGES
      • Table SHELL & TUBE HEAT EXCHANGERS MARKET SIZE IN FOOD & BEVERAGES APPLICATION, BY REGION, 2013-2020 (USD MILLION)
    • PULP & PAPER
      • Table SHELL & TUBE HEAT EXCHANGERS MARKET SIZE IN PULP & PAPER APPLICATION, BY REGION, 2013-2020 (USD MILLION)
    • POWER GENERATION
      • Table SHELL & TUBE HEAT EXCHANGERS MARKET SIZE IN POWER GENERATION APPLICATION, BY REGION, 2013-2020 (USD MILLION)
  • SHELL & TUBE HEAT EXCHANGERS MARKET, BY REGION KEY FINDINGS
    • INTRODUCTION
      • Table SHELL & TUBE HEAT EXCHANGERS MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC: SHELL & TUBE HEAT EXCHANGERS MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
      • Table ASIA-PACIFIC: SHELL & TUBE HEAT EXCHANGERS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • CHINA
        • Table CHINA: SHELL & TUBE HEAT EXCHANGERS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • JAPAN
        • Table JAPAN: SHELL & TUBE HEAT EXCHANGERS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • INDIA
        • Table INDIA: SHELL & TUBE HEAT EXCHANGERS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: SHELL & TUBE HEAT EXCHANGERS MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
      • Table NORTH AMERICA: SHELL & TUBE HEAT EXCHANGERS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • U.S.
        • Table U.S.: SHELL & TUBE HEAT EXCHANGERS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • CANADA
        • Table CANADA: SHELL & TUBE HEAT EXCHANGERS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • EUROPE
      • Table EUROPE: SHELL & TUBE HEAT EXCHANGERS MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
      • Table EUROPE: SHELL & TUBE HEAT EXCHANGERS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • GERMANY
        • Table GERMANY: SHELL & TUBE HEAT EXCHANGERS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • FRANCE
        • Table FRANCE: SHELL & TUBE HEAT EXCHANGERS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • U.K.
        • Table U.K.: SHELL & TUBE HEAT EXCHANGERS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • ITALY
        • Table ITALY: SHELL & TUBE HEAT EXCHANGERS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • SWEDEN
        • Table SWEDEN: SHELL & TUBE HEAT EXCHANGERS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • ROW
      • Table ROW: SHELL & TUBE HEAT EXCHANGERS MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
      • Table ROW: SHELL & TUBE HEAT EXCHANGERS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • MIDDLE EAST
        • Table MIDDLE EAST: SHELL & TUBE HEAT EXCHANGERS MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table SAUDI ARABIA: SHELL & TUBE HEAT EXCHANGERS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • LATIN AMERICA
        • Table LATIN AMERICA: SHELL & TUBE HEAT EXCHANGERS MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table BRAZIL: SHELL & TUBE HEAT EXCHANGERS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE SITUATIONS AND TRENDS
    • KEY GROWTH STRATEGIES ADOPTED BY COMPANIES IN SHELL & TUBE HEAT EXCHANGERS MARKET, 2011-2015
    • AGREEMENTS, CONTRACTS, AND EXPANSIONS
      • Table AGREEMENTS, CONTRACTS, AND EXPANSIONS 2011-2015
    • NEW PRODUCT LAUNCHES
      • Table NEW PRODUCT LAUNCHES AND MERGERS, 2011-2015
    • MERGERS & ACQUISITIONS
      • Table MERGERS & ACQUISITIONS, 2011-2015
  • COMPANY PROFILE
    • INTRODUCTION
    • ALFA LAVAL AB
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • HRS HEAT EXCHANGERS LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS AND THEIR APPLICATION
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • KELVION HOLDINGS GMBH
      • BUSINESS OVERVIEW
      • PRODUCTS AND THEIR APPLICATION
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • SPX CORP.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • STANDARD XCHANGE
      • BUSINESS OVERVIEW
      • PRODUCTS AND THEIR APPLICATION
      • SWOT ANALYSIS
      • MNM VIEW
    • API HEAT TRANSFER INC.
      • BUSINESS OVERVIEW
      • PRODUCTS AND THEIR APPLICATION
      • RECENT DEVELOPMENT
      • MNM VIEW
    • BRASK INC.
      • BUSINESS OVERVIEW
      • PRODUCTS AND THEIR APPLICATION
      • MNM VIEW
    • HUGHES ANDERSON HEAT EXCHANGERS INC.
      • BUSINESS OVERVIEW
      • PRODUCTS AND THEIR APPLICATIONS
      • MNM VIEW
    • KOCH HEAT TRANSFER CO.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENT
      • MNM VIEW
    • SOUTHERN HEAT EXCHANGER CORP. (SHECO)
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENT
      • MNM VIEW
    • MANNING AND LEWIS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
  • APPENDIX
    • INSIGHTS FROM INDUSTRY EXPERTS CONSULTANT
    • DEVELOPMENTS
    • DISCUSSION GUIDE
    • INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

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