Cooling Towers Market: Market Size, Driving Players and Industry Analysis Report 2017 by Acute Market Reports

“Acute Market Reports Logo”
The global cooling towers market stood at US$ 2,763 Mn in 2017 and is estimated to expand with a CAGR of 4.6% from 2017 to 2025.

Cooling Towers Market (Evaporative Cooling Towers, Dry Cooling Towers, Hybrid; Natural Draft, Mechanical Draft) – Growth, Share, Opportunities, Competitive Analysis and Forecast 2017 – 2025, the global cooling towers market stood at US$ 2,763 Mn in 2017 and is estimated to expand with a CAGR of 4.6% from 2017 to 2025.

Market Insights

Cooling towers are among the most important components of various industrial processes. These can be referred to as heat rejection devices used to eliminate waste heat generated to the atmosphere by cooling down the used water. The circulating water in the tower is cooled either by evaporation (wet cooling) or by air cooling (dry cooling) technology. The prime motive of the cooling towers is to cool down the water generated from various industrial processes or HVAC (heating, ventilation and air conditioning) cooling.Cooling towers are commonly used across different applications such as industrial manufacturing, power generation plants and HVAC (air conditioning) systems. The primary types of cooling towers are open circuit and closed circuit cooling towers.

Browse Full Reporthttp://www.acutemarketreports.com/report/cooling-towers-market

The most significant factor bolstering the cooling towers market growth is the rising industry worldwide. Similarly, with rising power consumption and demand worldwide, the number of power plants is expected to soar significantly in the coming years. This is another significant factor fueling the market growth. Cooling towers help reducing excessive usage of water as the same water stream is cooled and circulated in the process. This largely helps in reducing the overall water usage. Additionally, cooling towers are available in various designs/configuration,offering higher efficiency, which are in compliance with regulatory norms for these towers. For instance, closed circuit cooling towers offer better efficiency and less water contamination and hence are expected to witness higher adoption in the coming years.

Competitive Insights:

The cooling towers market is highly fragmented in nature with large number of international as well as regional players operating in the market. The manufacturers majorly focus upon developing products that offer high efficiency and lesser external water contamination. Due to stringent regulations over generation of contaminated water in the process, complying with these norms becomes priority for the manufacturers. Some of the major players in the market comprise Baltimore Aircoil Company, SPX Corporation, GEA Heat Exchangers Group, Paharpur Cooling Towers Ltd., EVAPCO Group and others.

Key Trends:

• Development of hybrid cooling towers for better water efficiency
• Strengthening global sales channel in order to maintain and expand the sales
• Acquisition of other players for strengthening product portfolio as well as global presence

ToC:

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Cooling Towers Market
2.2 Global Cooling Towers Market, By Product Type
2.3 Global Cooling Towers Market, By Heat Exchange
2.4 Global Cooling Towers Market, By Design
2.5 Global Cooling Towers Market, By Application
2.6 Global Cooling Towers Market, By Geography

Chapter 3 Market Dynamics
3.1 Product Insights and Market Overview
3.1.1 Global Cooling Towers Market Revenue, 2015 – 2025, (US$ Mn)
3.2 Key Market Trends and Future Outlook
3.3 Market Drivers
3.4 Market Growth Inhibitors
3.5 Opportunities
3.6 See-Saw Analysis
3.6.1 Impact Analysis of Drivers and Restraints
3.7 Competitive Analysis
3.7.1 Market Positioning of Key Vendors……

Browse Full Reporthttp://www.acutemarketreports.com/report/cooling-towers-market

About Us:
Acute Market Reports is the most sufficient collection of market intelligence services online. It is your only source that can fulfill all your market research requirements. We provide online reports from over 100 best publishers and upgrade our collection regularly to offer you direct online access to the world’s most comprehensive and recent database with expert perceptions on worldwide industries, products, establishments and trends. Our database consists of 200,000+ market research reports with detailed & minute market research.

Company: http://www.acutemarketreports.com/

Media Contact
Company Name: Acute Market Reports
Contact Person: Chris Paul
Email: sales@acutemarketreports.com
Phone: Toll Free US/Canada: +1-855-455-8662
Address:105 N 1st ST #429, SAN JOSE, CA 95103
City: SANJOSE
State: CALIFORNIA
Country: United States
Website: http://www.acutemarketreports.com/report/cooling-towers-market