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.
In 2019, the market size of Shell & Tube Heat Exchanger is 6090 million US$ and it will reach 9280 million US$ in 2025, growing at a CAGR of 5.4% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 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 studies the global market size of Shell & Tube Heat Exchanger, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Shell & Tube Heat Exchanger production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
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
Market Segment by Product Type
Crossflow to Tubes
Parallelflow to Tubes
Market Segment by Application
Chemicals
Petrochemicals and oil & gas
HVAC & refrigeration
Food & beverages
Power generation
Pulp & paper
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Shell & Tube Heat Exchanger status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Shell & Tube Heat Exchanger manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
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 are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Shell & Tube Heat Exchanger. Industry analysis & Market Report on Shell & Tube Heat Exchanger is a syndicated market report, published as Global (United States, European Union and China) Shell & Tube Heat Exchanger Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Shell & Tube Heat Exchanger market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.