DUBLIN--(BUSINESS WIRE )--The "Heat Exchangers - A Global Market Overview" report has been added to ResearchAndMarkets.com's offering.
While Tabular Heat Exchangers market account for Lion's share of over 50% of the global Heat Exchangers market, Plate Type Heat Exchangers market is poised to post the fastest 2019-2025 CAGR of 8% and reach a projected US$6.8 billion by 2025 from a forecast US$4.3 billion in 2019. The overall global market for Heat Exchangers is expected to exceed US$16 billion in 2019.
The recent past has witnessed significant developments in the global heat exchangers market. The environment-friendly and energy-efficient properties of these devices have made them an indispensable component of several industrial applications. Increasing prices of energy have resulted in the growing demand for heat exchangers and these devices play a key role in saving energy in many industries, such as chemical, petrochemical, petroleum refining and power.
KEY BUSINESS AND PRODUCT TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/1isq9q
ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900