Welded Spiral Heat Exchangers Market Size Estimation, Industry Demand, Growth Trend, Chain Structure, Supply and Demand Forecast 2019-2025 | Grand View Research, Inc.

Welded Spiral Heat Exchangers Market Size Estimation, Industry Demand, Growth Trend, Chain Structure, Supply and Demand Forecast 2019-2025 | Grand View Research, Inc.

“”Grand View Research, Inc. – Market Research And Consulting.””
According to a new report published by Grand View Research, the market is expected to be driven by the growing demand for the product in petrochemicals, HVAC & refrigeration, food & beverages, and chemical industries, especially in the emerging economies of Asia Pacific and CSA.

The global welded spiral heat exchanger market size is anticipated to reach USD 1.8 billion by 2025, exhibiting a CAGR of 4.0% over the forecast period, according to a new report published by Grand View Research, Inc. The global market is expected to witness significant growth on account of rising product demand from various industries including chemicals, petroleum, and food & beverage, among others.

Key materials widely used for the manufacturing of welded spiral heat exchanger include steel, nitrile aluminum, rubber gasket, brass alloy, and titanium, among others. The market is characterized by the presence of top manufacturers such as Alfa Laval and Danfoss. The operations of these companies are integrated across the manufacturing and distribution processes of welded spiral heat exchangers.

Welded spiral heat exchangers have an advantage over a conventional heat exchanger as the fluid is exposed to a much larger surface area.They also provide much higher thermal performance compared to conventional heat exchangers. Welded spiral heat exchanger is ideal for dangerous and aggressive fluids as leakage is practically excluded owing to welded channel construction.

Based on end use, HVAC & refrigeration is expected to be the largest segment and projected to hold its position over the forecast period. The segment was valued at USD 282.1 million in 2018. Food & beverages end-use segment is expected to be the fastest-growing segment and likely to register a CAGR of 5.0% from 2019 to 2025. Power generation segment is projected to witness significant growth in the market at a growth rate of 4.2% from 2019 to 2025.

Growing industrialization in the developing economies of Asia Pacific and increasing investments in manufacturing, commercial, and industrial projects have contributed to the overall growth of the market. This has led to increased demand for spiral heat exchangers in the region as they are largely used in industries such as petrochemical and food & beverages and power generation companies. A major shift in demand for spiral heat exchangers is being witnessed from mature European and North American markets in the developing economies in Asia Pacific such as China and India.

Browse full report with Table of Content @ https://www.grandviewresearch.com/industry-analysis/welded-spiral-heat-exchangers-market

Welded Spiral Heat Exchangers Market Report Highlights

• Asia Pacific accounted for 37.6% of the overall market in 2018 and is expected to be the largest market, accelerating at a CAGR of 5.2% over the forecast period

• The European market was valued at USD 397.1 million in 2018 and is likely to be the second-largest market over the forecast period owing to the rising construction and automobile industries

• CSA is expected to exhibit the fastest growth rate in the global welded spiral heat exchanger market at a CAGR of 6.3% from 2019 to 2025 on account of growing petrochemical and food & beverages industries in the region.

For Requesting a Sample Copy of This Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/welded-spiral-heat-exchangers-market/request/rs1

Welded Spiral Heat Exchangers Market Segmentation

Grand View Research has segmented the global welded spiral heat exchangers market based on end use and region:       

End Use Outlook (Revenue, USD Million, 2014 – 2025)

    • Chemical                                             

    • Food & Beverages

    • HVAC & Refrigeration

    • Petrochemicals          

    • Power Generation

    • Pulp & Paper

    • Others

Welded Spiral Heat Exchangers Regional Outlook (Revenue, USD Million, 2014 – 2025)

     • North America       

        • U.S.

        • Canada

     • Europe

        • Germany

        • France

        • Italy

     • Asia Pacific

        • China

        • India

        • Japan

     • Central & South America

        • Brazil

     • Middle East & Africa

        • UAE

Inquire more or share questions if any before the purchase on this report @ https://www.grandviewresearch.com/inquiry/6223/ibb

Browse More Related Report:

Heat Exchanger Market Size, Share & Trends Analysis Report By Product (Plate & Frame (Brazed, Gasketed, Welded), Shell & Tube, Air Cooled), By End Use (Chemical, Power Generation), By Region, And Segment Forecasts, 2021 – 2028

About Grand View Research

Grand View Research is a market research and consulting company based in the State of California with headquarters in San Francisco. The company offers consulting services tailored for business organizations to assist them with understanding and exploring their potential on a large scale. At the same time, Grand View Research caters to the individual research needs to provide a customized research service.

Grand View Research is fully committed to offer the best research services in the Industry. Our dedicated team of experienced analysts offer full capability and potential to precisely understand your research needs.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1888202951
Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/welded-spiral-heat-exchangers-market