Skip to main content

Shell & Tube Heat Exchanger Market Insights, Forecast

A shell and tube heat exchanger is a class of heat exchanger designs.[1][2] It is the most common type of heat exchanger in oil refineries and other large chemical processes, and is suited for higher-pressure applications. As its name implies, this type of heat exchanger consists of a shell (a large pressure vessel) with a bundle of tubes inside it. One fluid runs through the tubes, and another fluid flows over the tubes (through the shell) to transfer heat between the two fluids. The set of tubes is called a tube bundle, and may be composed of several types of tubes: plain, longitudinally finned, etc.

The European region is dominant in the shell & tube heat exchangers market. The rising demand for shell & tube heat exchangers in this region is mainly driven by its strong demand in the chemicals application. The North American region is the second largest consumer and manufacturer of shell & tube heat exchangers, globally. The market in this region is mainly driven by the growing opportunities from oil & gas industry and also from the fastest growing chemicals industry. The chemicals and petrochemicals and oil & gas applications are the top two applications contributing to the growing demand for shell & tube heat exchangers in North America. RoW is expected to be the fastest growing region between 2018 and 2023.
To learn more about this report, Download a free Sample Copy
The Shell & Tube Heat Exchanger market was valued at 6090 Million US$ in 2018 and is projected to reach 9280 Million US$ by 2025, at a CAGR of 5.4% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Shell & Tube Heat Exchanger.
This report presents the worldwide Shell & Tube Heat Exchanger market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
  • Alfa Laval
  • Kelvion
  • SPX
  • Standard Xchange
  • API Heat Transfer
  • Brask
  • Hughes Anderson
  • Manning and Lewis
  • Mason Manufacturing
  • Kennedy Tank & Manufacturing
  • Enerfin
  • Hrs Heat Exchangers
  • Koch Heat Transfer
  • Southern Heat Exchanger
Shell & Tube Heat Exchanger Breakdown Data by Type
  • Crossflow to Tubes
  • Parallelflow to Tubes
Shell & Tube Heat Exchanger Breakdown Data by Application
  • Chemicals
  • Petrochemicals and oil & gas
  • HVAC & refrigeration
  • Food & beverages
  • Power generation
  • Pulp & paper
  • Others
Shell & Tube Heat Exchanger Production by Region
  • United States
  • Europe
  • China
  • Japan
  • Other Regions
Shell & Tube Heat Exchanger Consumption by Region
  • North America
  • United States
  • Canada
  • Mexico
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Indonesia
  • Malaysia
  • Philippines
  • Thailand
  • Vietnam
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Rest of Europe
  • Central & South America
  • Brazil
  • Rest of South America
  • Middle East & Africa
  • GCC Countries
  • Turkey
  • Egypt
  • South Africa
  • Rest of Middle East & Africa
The study objectives are:
  1. To analyze and research the global Shell & Tube Heat Exchanger status and future forecast?involving, production, revenue, consumption, historical and forecast.
  2. To present the key Shell & Tube Heat Exchanger manufacturers, production, revenue, market share, and recent development.
  3. To split the breakdown data by regions, type, manufacturers and applications.
  4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  5. To identify significant trends, drivers, influence factors in global and regions.
  6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Shell & Tube Heat Exchanger :
  • History Year: 2014 - 2018
  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Shell & Tube Heat Exchanger market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Comments

Popular posts from this blog

Wireless Mesh Network Market Growth by Top Manufacturers | Strix Systems Incorporated, Cisco Systems, Cambium Networks, Synapse Wireless, Digi International, Aruba Networks

It is estimated that the Wireless Mesh Network (WMN) market will grow at a CAGR of 11.7% during the forecast period of 2019-2024. Extensive usage of Internet of Things (IoT), Artificial Intelligence (AI) and wireless communication medium has been a major factor that is boosting the industry. Growing infrastructure at a rapid pace, an increasing number of smart cities has led to the rise in the usage of Wireless Mesh Network. A Wireless Mesh Network is made up of radio nodes that are used in the communication network. It is a form of wireless ad hoc network organized in a mesh topology (A mesh topology refers to interconnection among the devices). A Wireless Mesh Network enables public Wi-Fi which helps in improving the delivery system in the urban areas. As most of the urban households would have broadband in the near future it is forecasted that wireless devices would account for two-thirds of the internet protocol traffic. High demand for enhanced coverage and multi-hip-hop-h

Truck Mounted Concrete Pump Market by Top key players SCHWING, XCMG, Concord Concrete Pumps, LIEBHERR, Sany Group & Putzmeister and Zoomlion Heavy Machinery Co. Ltd

It is estimated that the truck-mounted concrete pump market will show a 5.8% CAGR between the period 2017 and 2025. In 2016 it showed a valuation of US$ 2.79bn and is estimated to rise at a whopping price of US$ 4.64bn by 2025. The concrete pump plays a major role in construction activities. Stationary pump, specialized usage pumps, trailer and truck-mounted pump are different types of truck-mounted concrete pumps. Currently, the truck-mounted concrete pump dominates the market share and is estimated to remain the market leader in the forecast period. Truck-mounted concrete pump consists of a robotic arm that has been installed at the back of the vehicle which helps in the pumping of the liquid concrete to every corner of the site. Long reach, minimum labor and the ability to carry a heavy load on the large construction sites make it a market leader. Download FREE Sample of this Report @  https://www.grandresearchstore.com/report-sample/global-europe-china-united-states-truck-m

Payment Gateways Market Size, Status and Forecast By Top Players, Paypal, Stripe, Amazon Payments, Adyen, WorldPay, 2Checkout, First Data, PayU, MOLPay, Paymill, Png++, Alipay, GMO, Tenpay

It is estimated that the payment gateway market is expected to reach 10.24 trillion US$ in 2025, from 2.85 trillion US$ in 2018, with a CAGR of 20% during the forecast period. A payment gateway is an internet-based application that acts as an intermediary between an individual and the bank to authenticate online transactions. To make sure that the information is transmitted in a secured manner from the customer to the issuing bank the sensitive information such as credit card number or bank account details are kept encrypted. The payment gateway offers the liberty to the customers of making purchases at any hour of the day without the inconvenience of waiting in long queues in front of the ATMs. Nowadays, companies are reshaping their revenue strategies by adopting the digital mode of payment. This trend is set to increase in the upcoming days as more and more business firms are moving towards digitally based revenue strategy. In addition to that, the usage of mobile wallet has b