Welded Plate And Block Heat Exchangers Market Size, Share & Trends Analysis Report By End Use (Chemical, Food & Beverages, HVAC & Refrigeration, Petrochemicals), By Region, And Segment Forecasts, 2019 - 2025

Published: Jul, 2019 | Pages: 139 | Publisher: Grand View Research
Industry: Construction | Report Format: Electronic (PDF)

The global welded plate and block heat exchanger market size is anticipated to reach USD 1.2 billion by 2025, exhibiting a CAGR of 5.9% over the forecast period, according to a new report published by Grand View Research, Inc. The market is anticipated to be driven by the growing demand for the product in HVAC & refrigeration, power generation, and petrochemical industries, especially in emerging economies in Asia Pacific and CSA regions.

Welded plate & block heat exchangers play a significant role in enhancing heat transfer efficiency of industrial machinery. Growing demand for efficient thermal management systems with low space requirements is expected to drive the demand for plate & block heat exchangers over the forecast period.

Growth of industrial sectors including food & beverages, chemicals, pulp & paper, power generation, metal & mining, textiles, and oil & gas is leading to an increase in the requirement for highly-efficient and compact heat exchangers, which, in turn, is expected to drive the growth of the market over the forecast period.

Based on end use, HVAC & refrigeration segment is expected to be the largest segment in the global market and the trend is expected to continue over the forecast period. The segment is expected to reach USD 276.1 million by 2025. HVAC & refrigeration end-use segment dominated the market in 2018 owing to increasing consumer spending coupled with the growing demand for thermal management in residential and commercial establishments.

Increasing requirement for heat recovery applications in chemical, HVAC, and food & beverage sectors is expected to drive the demand for welded plate & block heat exchangers over the forecast period. Food & beverages segment was the second-largest segment in the market in 2018 and is projected to grow at a CAGR of 6.9% from 2019 to 2025. Growing concerns regarding the shelf life of processed food and alcoholic beverages are expected to drive the product demand over the forecast period.

Asia Pacific was the largest market in 2018. The region is expected to be valued at USD 541.6 million by 2025, growing at an estimated CAGR of 7.8% over the forecast period. Rapid urbanization and growing population in various countries including China and India are expected to drive the industrial growth in the region. In the U.S., growing refinery capacities and the establishment of new chemical plants are expected to drive the market growth over the forecast period.

Further key findings from the report suggest:

• In terms of revenue, the U.S. market is projected to grow at a CAGR of 1.8% over the forecast period

• The European welded plate and block heat exchanger market was valued at USD 248.3 million in 2018 and is projected to witness robust growth over the forecast period owing to the rising construction and automobile industries

• CSA is expected to exhibit a remarkable growth rate of 8.3% with increasing oil & gas activities in Venezuela and Brazil over the forecast period.

 Table of Contents

Chapter 1 Methodology And Scope
                 1.1 Market Segmentation & Scope
                 1.2 Market Definition
                 1.3 Information Procurement
                     1.3.1 Purchased Database
                     1.3.2 Gvr's Internal Database
                     1.3.3 Secondary Sources
                     1.3.4 Third Party Perspective
                     1.3.5 Primary Sources
                 1.4 Information Analysis
                     1.4.1 Data Analysis Model
                 1.5 Market Formulation & Data Visualization
                 1.6 List To Data Sources
                 1.7 List Of Abbreviations
Chapter 2 Executive Summary
                 2.1 Market Outlook
                 2.2 Segmental Outlook
                 2.3 Competitive Insights
Chapter 3 Market Variables, Trends & Scope
                 3.1 Market Lineage Outlook
                     3.1.1 Global Heat Exchanger Market Outlook
                 3.2 Penetration And Growth Prospect Mapping
                 3.3 Industry Value Chain Analysis
                     3.3.1 Manufacturing Trends
                     3.3.2 Raw Material Trends
                         3.3.2.1 Steel
                         3.3.2.2 Graphite
                         3.3.2.3 Copper
                         3.3.2.4 Nitrile Rubber Gasket
                     3.3.3 List Of Key End-Users, By Country
                 3.4 Technology Overview
                 3.5 Regulatory Framework
                     3.5.1 Product Classification Codes
                     3.5.2 Standard & Compliances
                 3.6 Market Dynamics
                     3.6.1 Market Drivers
                         3.6.1.1 Growing Chemical Industry
                         3.6.1.2 Growth In Power Generation Industry
                     3.6.2 Market Restraints
                         3.6.2.1 Regulations On Curbing Use Of Fluorinated Greenhouse Gas In Plate And Block Heat Exchanger
                 3.7 Business Environment Analysis: Welded Plate And Block Heat Exchanger Market
                     3.7.1 Industry Analysis - Porter's
                         3.7.1.1 Bargaining Power Of Supplier
                         3.7.1.2 Bargaining Power Of Buyer
                         3.7.1.3 Substitution Threat
                         3.7.1.4 Threat From New Entrant
                         3.7.1.5 Competitive Rivalry
                     3.7.3 Pestel Analysis
                         3.7.3.1 Political Landscape
                         3.7.3.2 Environmental Landscape
                         3.7.3.3 Social Landscape
                         3.7.3.4 Technology Landscape
                         3.7.3.5 Economic Landscape
                         3.7.3.6 Legal Landscape
Chapter 4 Welded Plate And Block Heat Exchangers Market: End Use Estimates & Trend Analysis
                 4.1 Definition & Scope
                     4.1.1 End Use Movement Analysis & Market Share 2018 & 2025
                 4.2 Market, By End Use, 2014 - 2025 (USD Million)
                     4.2.1 Welded Plate And Block Heat Exchangers Market Estimates & Forecast, 2014 - 2025
                 4.3 Chemical
                     4.3.1 Market Estimates & Forecast, In Chemical, 2014 - 2025
                     4.3.2 Market Estimates & Forecast, In Chemical, By Region, 2014 - 2025
                 4.4 Food & Beverages
                     4.4.1 Market Estimates & Forecast, In Food & Beverages, 2014 - 2025
                     4.4.2 Market Estimates & Forecast, In Food & Beverages, By Region, 2014 - 2025
                 4.5 Hvac & Refrigeration
                     4.5.1 Market Estimates & Forecast, In Hvac & Refrigeration, 2014 - 2025
                     4.5.2 Market Estimates & Forecast, In Hvac & Refrigeration, By Region, 2014 - 2025
                 4.6 Petrochemicals
                     4.6.1 Market Estimates & Forecast, In Petrochemicals, 2014 - 2025
                     4.6.2 Market Estimates & Forecast, In Petrochemicals, By Region, 2014 - 2025
                 4.7 Power Generation
                     4.7.1 Market Estimates & Forecast, In Power Generation, 2014 - 2025
                     4.7.2 Market Estimates & Forecast, In Power Generation, By Region, 2014 - 2025
                 4.8 Pulp & Paper
                     4.8.1 Market Estimates & Forecast, In Pulp & Paper, 2014 - 2025
                     4.8.2 Market Estimates & Forecast, In Pulp & Paper, By Region, 2014 - 2025
                 4.9 Others
                     4.9.1 Market Estimates & Forecast, In Others, 2014 - 2025
                     4.9.2 Market Estimates & Forecast, In Others, By Region, 2014 - 2025
Chapter 5 Welded Plate And Block Heat Exchangers Market: Regional Estimates & Trend Analysis
                 5.1 Definition & Scope
                 5.2 Regional Movement Analysis & Market Share 2018 & 2025
                 5.3 Global Welded Plate And Block Heat Exchangers Market, By Region, 2014 - 2025 (USD Million)
                     5.3.1 Market Estimates & Forecast, By Region, By End Use, 2014 - 2025
                 5.4 Market Size, & Forecasts And Trend Analysis, 2014 To 2025
                 5.5 North America
                     5.5.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                     5.5.2 Market Estimates & Forecast, By End Use, 2014 - 2025
                     5.5.3 U.S.
                         5.5.3.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                         5.5.3.2 Market Estimates & Forecast, By End Use, 2014 - 2025
                     5.5.4 Canada
                         5.5.4.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                         5.5.4.2 Market Estimates & Forecast, By End Use, 2014 - 2025
                 5.6 Europe
                     5.6.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                     5.6.2 Market Estimates & Forecast, By End Use, 2014 - 2025
                     5.6.3 Germany
                         5.6.3.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                         5.6.3.2 Market Estimates & Forecast, By End Use, 2014 - 2025
                     5.6.4 France
                         5.6.4.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                         5.6.4.2 Market Estimates & Forecast, By End Use, 2014 - 2025
                     5.6.5 Italy
                         5.6.5.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                         5.6.5.2 Market Estimates & Forecast, By End Use, 2014 - 2025
                 5.7 Asia Pacific
                     5.7.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                     5.7.2 Market Estimates & Forecast, By End Use, 2014 - 2025
                     5.7.3 China
                         5.7.3.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                         5.7.3.2 Market Estimates & Forecast, By End Use, 2014 - 2025
                     5.7.4 Japan
                         5.7.4.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                         5.7.4.2 Market Estimates & Forecast, By End Use, 2014 - 2025
                     5.7.5 India
                         5.7.5.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                         5.7.5.2 Market Estimates & Forecast, By End Use, 2014 - 2025
                 5.8 Central & South America
                     5.8.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                     5.8.2 Market Estimates & Forecast, By End Use, 2014 - 2025
                     5.8.3 Brazil
                         5.8.3.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                         5.8.3.2 Market Estimates & Forecast, By End Use, 2014 - 2025
                 5.9 Middle East & Africa
                     5.9.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                     5.9.2 Market Estimates & Forecast, By End Use, 2014 - 2025
                     5.9.3 Uae
                         5.9.3.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                         5.9.3.2 Market Estimates & Forecast, By End Use, 2014 - 2025
Chapter 6 Competitive Analysis
                 6.1 Key Global Players & Recent Developments & Their Impact On The Industry
                 6.2 Key Company/Competition Categorization
                     6.2.1 Vendor Landscape
                 6.3 Key Customers
                 6.4 Key Company Heat Map Analysis
                 6.5 Market Share Analysis Of Key Companies
                 6.6 List Of Key Emerging Companies
Chapter 7 Company Profiles
                 7.1 Alfa Laval Ab
                     7.1.1 Company Overview
                     7.1.2 Financial Performance
                     7.1.3 Product Benchmarking
                     7.1.4 Recent Developments
                 7.2 Danfoss A/S
                     7.2.1 Company Overview
                     7.2.2 Financial Performance
                     7.2.3 Product Benchmarking
                     7.2.4 Recent Developments
                 7.3 Kelvion Holding Gmbh
                     7.3.1 Company Overview
                     7.3.2 Financial Performance
                     7.3.3 Product Benchmarking
                     7.3.4 Recent Developments
                 7.4 Api Heat Transfer, Inc.
                     7.4.1 Company Overview
                     7.4.2 Financial Performance
                     7.4.3 Product Benchmarking
                     7.4.4 Recent Developments
                 7.5 Nexson Group
                     7.5.1 Company Overview
                     7.5.2 Financial Performance
                     7.5.3 Product Benchmarking
                 7.6 Wcr, Inc.
                     7.6.1 Company Overview
                     7.6.2 Financial Performance
                     7.6.3 Product Benchmarking
                 7.7 Barriquand Technologies Thermiques
                     7.7.1 Company Overview
                     7.7.2 Financial Performance
                     7.7.3 Product Benchmarking
                 7.8 Spx Flow
                     7.8.1 Company Overview
                     7.8.2 Financial Performance
                     7.8.3 Product Benchmarking
                     7.8.4 Strategic Initiatives
                 7.9 Hisaka Works Limited
                     7.9.1 Company Overview
                     7.9.2 Financial Performance
                     7.9.3 Product Benchmarking
                     7.9.4 Strategic Initiatives
                 7.10 Tranter, Inc.
                     7.10.1 Company Overview
                     7.10.2 Financial Performance
                     7.10.3 Product Benchmarking
                     7.10.4 Strategic Initiatives

List of Tables

Table 1 List of Abbreviations
Table 2 List of major exporting countries for various steel products, 2017 (MT)
Table 3 List of major importing countries for various steel products, 2017 (MT)
Table 4 List of Key End-Users
Table 5 Key international regulations
Table 6 Key international regulations
Table 7 Welded plate and block heat exchangers market by end use, 2014 - 2025 (USD Million)
Table 8 Welded plate and block heat exchangers market estimates & forecast, in chemical, 2014 - 2025 (USD Million)
Table 9 Welded plate and block heat exchangers market estimates & forecast, in chemical, by region, 2014 - 2025 (USD Million)
Table 10 Welded plate and block heat exchangers market estimates & forecast, in Food & Beverages, 2014 - 2025 (USD Million)
Table 11 Welded plate and block heat exchangers market estimates & forecast, in food & beverages, by region, 2014 - 2025 (USD Million)
Table 12 Welded plate and block heat exchangers market estimates & forecast, in HVAC & refrigeration, 2014 - 2025 (USD Million)
Table 13 Welded plate and block heat exchangers market estimates & forecast, in HVAC & refrigeration, by region, 2014 - 2025 (USD Million)
Table 14 Welded plate and block heat exchangers market estimates & forecast, in petrochemicals, 2014 - 2025 (USD Million)
Table 15 Welded plate and block heat exchangers market estimates & forecast, in petrochemicals, by region, 2014 - 2025 (USD Million)
Table 16 Welded plate and block heat exchangers market estimates & forecast, in power generation, 2014 - 2025 (USD Million)
Table 17 Welded plate and block heat exchangers market estimates & forecast, in power generation, by region, 2014 - 2025 (USD Million)
Table 18 Welded plate and block heat exchangers market estimates & forecast, in pulp & paper, 2014 - 2025 (USD Million)
Table 19 Welded plate and block heat exchangers market estimates & forecast, in pulp & paper, by region, 2014 - 2025 (USD Million)
Table 20 Welded plate and block heat exchangers market estimates & forecast, in others, 2014 - 2025 (USD Million)
Table 21 Welded plate and block heat exchangers market estimates & forecast, in others, by region, 2014 - 2025 (USD Million)
Table 22 Global welded plate and block heat exchangers market by region, 2014 - 2025 (USD Million)
Table 23 North America welded plate & block heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 24 North America welded plate and block heat exchangers market by end use, 2014 - 2025 (USD Million)
Table 25 U.S. welded plate & block heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 26 U.S. welded plate and block heat exchangers market by end use, 2014 - 2025 (USD Million)
Table 27 Canada welded plate & block heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 28 Canada welded plate and block heat exchangers market by end use, 2014 - 2025 (USD Million)
Table 29 Europe welded plate & block heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 30 Europe welded plate and block heat exchangers market by end use, 2014 - 2025 (USD Million)
Table 31 Germany welded plate & block heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 32 Germany welded plate and block heat exchangers market by end use, 2014 - 2025 (USD Million)
Table 33 France welded plate & block heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 34 France welded plate and block heat exchangers market by end use, 2014 - 2025 (USD Million)
Table 35 Italy welded plate & block heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 36 Italy welded plate and block heat exchangers market by end use, 2014 - 2025 (USD Million)
Table 37 Asia Pacific welded plate & block heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 38 Asia Pacific welded plate and block heat exchangers market by end use, 2014 - 2025 (USD Million)
Table 39 China welded plate & block heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 40 China welded plate and block heat exchangers market by end use, 2014 - 2025 (USD Million)
Table 41 Japan welded plate & block heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 42 Japan welded plate and block heat exchangers market by end use, 2014 - 2025 (USD Million)
Table 43 India welded plate & block heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 44 India welded plate and block heat exchangers market by end use, 2014 - 2025 (USD Million)
Table 45 Central & South America welded plate & block heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 46 Central & South America welded plate and block heat exchangers market by end use, 2014 - 2025 (USD Million)
Table 47 Brazil welded plate & block heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 48 Brazil welded plate and block heat exchangers market by end use, 2014 - 2025 (USD Million)
Table 49 Middle East & Africa welded plate & block heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 50 Middle East & Africa welded plate and block heat exchangers market by end use, 2014 - 2025 (USD Million)
Table 51 UAE welded plate & block heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 52 UAE welded plate and block heat exchangers market by end use, 2014 - 2025 (USD Million)
Table 53 List of Key Company/Competition Categorization
Table 54 Vendor Landscape
Table 55 List of end-users by country
Table 56 Comparative analysis of key welded plate and block heat exchangers manufacturers
Table 57 List of key emerging companies

List of Figures

Fig. 1 Welded Plate and Block Heat Exchangers Market Segmentation
Fig. 2 Welded Plate and Block Heat Exchangers Market - Information Procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research process
Fig. 5 Primary research approaches
Fig. 6 Market Outlook
Fig. 7 Segmental Outlook
Fig. 8 Competitive Insights
Fig. 9 Global Heat Exchanger Market Outlook
Fig. 10 Penetration and growth prospect mapping 2014 - 2025 (USD Million) 
Fig. 11 Welded Plate and Block Heat Exchanger Market: Value Chain Analysis
Fig. 12 Graphite Global Demand
Fig. 13 Welded plate and block heat exchanger market dynamics
Fig. 14 Welded Plate and Block Heat Exchanger market driver impact
Fig. 15 Cumulative Power Plant Capacity Addition (2014 - 2040)
Fig. 16 Welded plate and block heat exchanger market restraints impact
Fig. 17 Porter's Five Forces Model- Welded Plate and Block Heat Exchanger Market
Fig. 18 PESTEL Analysis- Welded Plate and Block Heat Exchanger Market
Fig. 19 Welded Plate and Block Heat Exchangers Market: End Use Market, (USD Million) 2018 & 2025
Fig. 20 Welded Plate and Block Heat Exchangers Market: Regional Market, (USD Million) 2018 & 2025
Fig. 21 Welded Plate & Block Heat Exchangers Market Regional Overview
Fig. 22 Strategy Framework