The global cooling towers market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market is attributed to the increasing demand for cooling towers in various industries such as chemical industry, petrochemical industry, power generation and food and beverage. The increasing demand for cooling towers in these industries is due to the need for efficient energy consumption and reduction in greenhouse gas emissions.
The global cooling tower market by type includes wet cooling tower, dry cooling tower and dry wet cooling tower. The wet coolers are used in chemical industry, petrochemical industry and power generation whereas dry coolers are used in food and beverage sector.
- Increasing demand for cooling towers in the industrial sector.
- Increasing demand for cooling towers in the commercial sector.
- Increasing demand for cooling towers in the residential sector.
- Growing awareness about the benefits of using cooling towers.
- Rising awareness about environmental issues.
Industry Growth Insights published a new data on “Cooling Towers Market”. The research report is titled “Cooling Towers Market research by Types (Wet Cooling Tower, Dry Cooling Tower, Dry Wet Cooling Tower), By Applications (Chemical Industry, petrochemical Industry, Power Generation, Food and Beverage, Others), By Players/Companies Johnson Control, GEA Heat Exchanger, Hamon, Liang Chi Control, Spig, SPX, Baltimore Aircoil Company, Delta Coolong Towers, Evapco, Cenk Industrial Plants Manufacturing and Contracting, Cooling Tower Depot, Kimre, Paharpur Cooling Towers, Torraval Cooling”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cooling Towers Market Research Report
By Type
Wet Cooling Tower, Dry Cooling Tower, Dry Wet Cooling Tower
By Application
Chemical Industry, petrochemical Industry, Power Generation, Food and Beverage, Others
By Companies
Johnson Control, GEA Heat Exchanger, Hamon, Liang Chi Control, Spig, SPX, Baltimore Aircoil Company, Delta Coolong Towers, Evapco, Cenk Industrial Plants Manufacturing and Contracting, Cooling Tower Depot, Kimre, Paharpur Cooling Towers, Torraval Cooling
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Cooling Towers Market Report Segments:
The global Cooling Towers market is segmented on the basis of:
Types
Wet Cooling Tower, Dry Cooling Tower, Dry Wet Cooling Tower
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical Industry, petrochemical Industry, Power Generation, Food and Beverage, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Johnson Control
- GEA Heat Exchanger
- Hamon
- Liang Chi Control
- Spig
- SPX
- Baltimore Aircoil Company
- Delta Coolong Towers
- Evapco
- Cenk Industrial Plants Manufacturing and Contracting
- Cooling Tower Depot
- Kimre
- Paharpur Cooling Towers
- Torraval Cooling
Highlights of The Cooling Towers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wet Cooling Tower
- Dry Cooling Tower
- Dry Wet Cooling Tower
- By Application:
- Chemical Industry
- petrochemical Industry
- Power Generation
- Food and Beverage
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cooling Towers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A cooling tower is a large, tall structure that uses water to cool air. The cooled air is then used to provide ventilation or heating for an area.
Some of the major players in the cooling towers market are Johnson Control, GEA Heat Exchanger, Hamon, Liang Chi Control, Spig, SPX, Baltimore Aircoil Company, Delta Coolong Towers, Evapco, Cenk Industrial Plants Manufacturing and Contracting, Cooling Tower Depot, Kimre, Paharpur Cooling Towers, Torraval Cooling.
The cooling towers market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cooling Towers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Cooling Towers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cooling Towers Market - Supply Chain
4.5. Global Cooling Towers Market Forecast
4.5.1. Cooling Towers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cooling Towers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Cooling Towers Market Absolute $ Opportunity
5. Global Cooling Towers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Cooling Towers Market Size and Volume Forecast by Type
5.3.1. Wet Cooling Tower
5.3.2. Dry Cooling Tower
5.3.3. Dry Wet Cooling Tower
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Cooling Towers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Cooling Towers Market Size and Volume Forecast by Application
6.3.1. Chemical Industry
6.3.2. petrochemical Industry
6.3.3. Power Generation
6.3.4. Food and Beverage
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Cooling Towers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Cooling Towers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Cooling Towers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Cooling Towers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Cooling Towers Demand Share Forecast, 2019-2029
9. North America Cooling Towers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Cooling Towers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Cooling Towers Market Size and Volume Forecast by Application
9.4.1. Chemical Industry
9.4.2. petrochemical Industry
9.4.3. Power Generation
9.4.4. Food and Beverage
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Cooling Towers Market Size and Volume Forecast by Type
9.7.1. Wet Cooling Tower
9.7.2. Dry Cooling Tower
9.7.3. Dry Wet Cooling Tower
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Cooling Towers Demand Share Forecast, 2019-2029
10. Latin America Cooling Towers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Cooling Towers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Cooling Towers Market Size and Volume Forecast by Application
10.4.1. Chemical Industry
10.4.2. petrochemical Industry
10.4.3. Power Generation
10.4.4. Food and Beverage
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Cooling Towers Market Size and Volume Forecast by Type
10.7.1. Wet Cooling Tower
10.7.2. Dry Cooling Tower
10.7.3. Dry Wet Cooling Tower
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Cooling Towers Demand Share Forecast, 2019-2029
11. Europe Cooling Towers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Cooling Towers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Cooling Towers Market Size and Volume Forecast by Application
11.4.1. Chemical Industry
11.4.2. petrochemical Industry
11.4.3. Power Generation
11.4.4. Food and Beverage
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Cooling Towers Market Size and Volume Forecast by Type
11.7.1. Wet Cooling Tower
11.7.2. Dry Cooling Tower
11.7.3. Dry Wet Cooling Tower
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Cooling Towers Demand Share, 2019-2029
12. Asia Pacific Cooling Towers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Cooling Towers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Cooling Towers Market Size and Volume Forecast by Application
12.4.1. Chemical Industry
12.4.2. petrochemical Industry
12.4.3. Power Generation
12.4.4. Food and Beverage
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Cooling Towers Market Size and Volume Forecast by Type
12.7.1. Wet Cooling Tower
12.7.2. Dry Cooling Tower
12.7.3. Dry Wet Cooling Tower
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Cooling Towers Demand Share, 2019-2029
13. Middle East & Africa Cooling Towers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Cooling Towers Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Cooling Towers Market Size and Volume Forecast by Application
13.4.1. Chemical Industry
13.4.2. petrochemical Industry
13.4.3. Power Generation
13.4.4. Food and Beverage
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Cooling Towers Market Size and Volume Forecast by Type
13.7.1. Wet Cooling Tower
13.7.2. Dry Cooling Tower
13.7.3. Dry Wet Cooling Tower
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Cooling Towers Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Cooling Towers Market: Market Share Analysis
14.2. Cooling Towers Distributors and Customers
14.3. Cooling Towers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Johnson Control
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GEA Heat Exchanger
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hamon
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Liang Chi Control
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Spig
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SPX
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Baltimore Aircoil Company
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Delta Coolong Towers
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Evapco
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Cenk Industrial Plants Manufacturing and Contracting
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Cooling Tower Depot
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Kimre
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Paharpur Cooling Towers
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Torraval Cooling
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
