Market Overview:
The global all welded cubic heat exchangers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for all welded cubic heat exchangers in various applications, such as petrochemical, electric power & metallurgy, shipbuilding industry, mechanical industry and other applications. In terms of type, the max. heat transfer area < 100 ft2 segment is expected to dominate the global all welded cubic heat exchangers market during the forecast period from 2018 to 2030.
Product Definition:
All welded cubic heat exchangers are a type of heat exchanger that is made up of many small cubes that are welded together. They are often used in applications where there is a need to transfer large amounts of heat quickly.
Max. Heat Transfer Area < 100 ft2:
The Max Heat Transfer Area (MHA) is the largest area that a welded cubic heat exchanger can occupy. The MHR of a heat exchanger is determined by two main factors, namely, the surface area of its base and the volume it can contain. The larger the base and volume are, generally speaking, then more heat transfer will be possible from one side to another during normal operation.
Max. Heat Transfer Area: 100-800 ft2:
The Max Heat Transfer Area (MHA) is the largest area that can be occupied by a welded cubic heat exchanger in terms of both, its internal and external dimensions. The Mmax for any given welded cubic heat exchanger is determined by two factors: the maximum area which can be occupied by any single component (witness spot), and the total number of components in contact with either side of the exchangers (number of sides).
Application Insights:
The global demand for GWHX is expected to witness significant growth on account of its ability to transfer heat from small or large-scale boilers and reactors. The product finds application in various industries including electric power, mechanical, shipbuilding, and petrochemical among others. In the electric power industry, it is used in coal-fired as well as gas-fired power plants for providing thermal energy to generate electricity. In the shipbuilding industry, it is used in steel structures such as bridges where high strength and durability are required along with low maintenance cost.
In the petrochemical industry, GWHX units are widely utilized for heating processes such as evaporation processes that involve high water vapor pressure or boiling point differences between liquids & gases or between solids & liquids which require a higher temperature than that of surrounding temperatures.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing energy demand in emerging economies, such as China and India. The region has been witnessing an upsurge in construction activities due to growing urbanization, which is likely to drive the product demand over the forecast period.
The growth of industries including shipbuilding, mechanical engineering, oil & gas industry will have a positive impact on market development over the next eight years. Europe accounted for 24% share of global revenue in 2017 owing to its well-established shipbuilding sector coupled with high consumer awareness regarding quality products offering enhanced efficiency levels along with cost benefits associated with welded heat exchangers as comparedtto riveted counterparts are some factors attributing toward their higher adoption rate across this region.
Growth Factors:
- Increasing demand for energy efficient equipment in various industries
- Growing awareness about the benefits of using All Welded Cubic Heat Exchangers
- Rising investments in research and development to improve the efficiency of heat exchangers
- Technological advancements that have led to the development of more efficient and compact heat exchangers
- The increasing popularity of modular construction as a cost-effective alternative to traditional construction methods
Scope Of The Report
Report Attributes
Report Details
Report Title
All Welded Cubic Heat Exchangers Market Research Report
By Type
Max. Heat Transfer Area < 100 ft2, Max. Heat Transfer Area: 100-800 ft2, Max. Heat Transfer Area > 800 ft2
By Application
Petrochemical, Electric Power & Metallurgy, Shipbuilding Industry, Mechanical Industry, Other Applications
By Companies
Alfa Laval, Kelvion (GEA), Danfoss, WCR, FBM Hudson, API, SPX-Flow, Funke, Tranter, Hofmann, GRANO
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
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global All Welded Cubic Heat Exchangers Market Report Segments:
The global All Welded Cubic Heat Exchangers market is segmented on the basis of:
Types
Max. Heat Transfer Area < 100 ft2, Max. Heat Transfer Area: 100-800 ft2, Max. Heat Transfer Area > 800 ft2
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
Petrochemical, Electric Power & Metallurgy, Shipbuilding Industry, Mechanical Industry, Other Applications
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:
- Alfa Laval
- Kelvion (GEA)
- Danfoss
- WCR
- FBM Hudson
- API
- SPX-Flow
- Funke
- Tranter
- Hofmann
- GRANO
Highlights of The All Welded Cubic Heat Exchangers 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:
- Max. Heat Transfer Area < 100 ft2
- Max. Heat Transfer Area: 100-800 ft2
- Max. Heat Transfer Area > 800 ft2
- By Application:
- Petrochemical
- Electric Power & Metallurgy
- Shipbuilding Industry
- Mechanical Industry
- Other Applications
- 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 All Welded Cubic Heat Exchangers 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
All welded cubic heat exchangers are a type of heat exchanger that is made up of many small, welded pieces. This design makes the heat exchanger more efficient and less likely to break down.
Some of the major companies in the all welded cubic heat exchangers market are Alfa Laval, Kelvion (GEA), Danfoss, WCR, FBM Hudson, API, SPX-Flow, Funke, Tranter, Hofmann, GRANO.
The all welded cubic heat exchangers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 All Welded Cubic Heat Exchangers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 All Welded Cubic Heat Exchangers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 All Welded Cubic Heat Exchangers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the All Welded Cubic Heat Exchangers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global All Welded Cubic Heat Exchangers Market Size & Forecast, 2020-2028
4.5.1 All Welded Cubic Heat Exchangers Market Size and Y-o-Y Growth
4.5.2 All Welded Cubic Heat Exchangers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Max. Heat Transfer Area < 100 ft2
5.2.2 Max. Heat Transfer Area: 100-800 ft2
5.2.3 Max. Heat Transfer Area > 800 ft2
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Petrochemical
6.2.2 Electric Power & Metallurgy
6.2.3 Shipbuilding Industry
6.2.4 Mechanical Industry
6.2.5 Other Applications
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global All Welded Cubic Heat Exchangers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 All Welded Cubic Heat Exchangers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Max. Heat Transfer Area < 100 ft2
9.6.2 Max. Heat Transfer Area: 100-800 ft2
9.6.3 Max. Heat Transfer Area > 800 ft2
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Petrochemical
9.10.2 Electric Power & Metallurgy
9.10.3 Shipbuilding Industry
9.10.4 Mechanical Industry
9.10.5 Other Applications
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Max. Heat Transfer Area < 100 ft2
10.6.2 Max. Heat Transfer Area: 100-800 ft2
10.6.3 Max. Heat Transfer Area > 800 ft2
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Petrochemical
10.10.2 Electric Power & Metallurgy
10.10.3 Shipbuilding Industry
10.10.4 Mechanical Industry
10.10.5 Other Applications
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Max. Heat Transfer Area < 100 ft2
11.6.2 Max. Heat Transfer Area: 100-800 ft2
11.6.3 Max. Heat Transfer Area > 800 ft2
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Petrochemical
11.10.2 Electric Power & Metallurgy
11.10.3 Shipbuilding Industry
11.10.4 Mechanical Industry
11.10.5 Other Applications
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Max. Heat Transfer Area < 100 ft2
12.6.2 Max. Heat Transfer Area: 100-800 ft2
12.6.3 Max. Heat Transfer Area > 800 ft2
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Petrochemical
12.10.2 Electric Power & Metallurgy
12.10.3 Shipbuilding Industry
12.10.4 Mechanical Industry
12.10.5 Other Applications
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Max. Heat Transfer Area < 100 ft2
13.6.2 Max. Heat Transfer Area: 100-800 ft2
13.6.3 Max. Heat Transfer Area > 800 ft2
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Petrochemical
13.10.2 Electric Power & Metallurgy
13.10.3 Shipbuilding Industry
13.10.4 Mechanical Industry
13.10.5 Other Applications
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 All Welded Cubic Heat Exchangers Market: Competitive Dashboard
14.2 Global All Welded Cubic Heat Exchangers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alfa Laval
14.3.2 Kelvion (GEA)
14.3.3 Danfoss
14.3.4 WCR
14.3.5 FBM Hudson
14.3.6 API
14.3.7 SPX-Flow
14.3.8 Funke
14.3.9 Tranter
14.3.10 Hofmann
14.3.11 GRANO
