Market Overview:
The global barometric condensers market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for barometric condensers in food processing, chemical, pharmaceutical, pulp & paper and energy & power industries. Additionally, the growing demand for efficient and reliable cooling systems is also contributing to the growth of this market. The global barometric condensers market can be segmented on the basis of type into countercurrent spray and parallel spray. The countercurrent spray type dominates the global barometric condensers market owing to its high efficiency and low operating costs as compared to other types of barometric condensers. On the basis of application, food processing industry accounts for a major share of this market followed by chemical, pharmaceuticals, pulp & paper and energy & power industries respectively.
Product Definition:
A barometric condenser is a type of refrigeration system that uses a compressor to circulate vaporized refrigerant. The vaporized refrigerant passes through the coils of the condenser, which are located outside the building. The hot coils cause the liquid refrigerant to change back into a gas, which then enters the compressor and starts the cycle over again.
Countercurrent Spray:
Countercurrent spray is a technique of liquid cooling, which involves the flow of two liquids in sequence. The first liquid to be sprayed is known as the upstream or feed-stream liquid and it flows from the spray gun through a series of tubes to reach downhole equipment. The second liquid that travels downstream or through this tube is referred to as the coolant or counterstream fluid and its function is to provide heat removal for efficient working of equipment.
Parallel Spray:
Parallel spray is a type of atomization where the liquid is sprayed in a parallel manner. It helps in improving the efficiency of condensers by reducing evaporative loss and increasing the vapor to air ratio. The product also increases the surface area, which results into more rapid evaporation rate and thus reduces cooling time.
The most commonly used material for making parallel sprays are hydrocarbons such as alcohols, glycol ethers, acetone etc.
Application Insights:
The energy and power application segment accounted for the largest revenue share in 2016. The product is widely used in air separation plants, natural gas compression plants, coal-fired power plants and other industrial applications where clean air is required. In addition to this, the demand for barometric condensers from the oil & gas industry is expected to witness significant growth over the forecast period owing to rising shale gas production in North America.
The food processing application segment accounted for a significant revenue share of 19.8% in 2016 owing to extensive usage of barometric condensers across various industries including dairy products, meat processing.
Regional Analysis:
North America dominated the global barometric condensers market in 2017. The growth can be attributed to the presence of a large number of pharmaceutical and food processing industries in this region. Furthermore, increasing demand for energy-efficient technologies is expected to drive product demand over the forecast period.
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to rapid industrialization and economic development in emerging countries such as China, India, Indonesia, Malaysia and Thailand (CIMT). In addition, favorable government initiatives regarding energy conservation are also expected to boost industry expansion over the next eight years.
Growth Factors:
- Increasing demand for energy-efficient cooling systems in commercial and industrial sectors
- Rising awareness about the benefits of using barometric condensers
- Growing popularity of variable refrigerant flow (VRF) technology
- Proliferation of micro-barometric condensers for small-scale applications
- Technological advancements that improve the performance and efficiency of barometric condensers
Scope Of The Report
Report Attributes
Report Details
Report Title
Barometric Condensers Market Research Report
By Type
Countercurrent Spray, Parallel Spray
By Application
Food Processing, Chemical, Pharmaceutical, Pulp & Paper, Energy & Power, Others
By Companies
Swenson Technology Inc, Schutte & Koerting, JET-VAC Technologies, Fives Group, Graham Corporation, JM Pedroni＆Asociados SA, Unique Systems, Nitech Engineered Vacuum Systems, Nidhi Engineering, Japan Ejector Engineering Co., Ltd, Swenson Technology Inc
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
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Barometric Condensers Market Report Segments:
The global Barometric Condensers market is segmented on the basis of:
Types
Countercurrent Spray, Parallel Spray
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
Food Processing, Chemical, Pharmaceutical, Pulp & Paper, Energy & Power, 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:
- Swenson Technology Inc
- Schutte & Koerting
- JET-VAC Technologies
- Fives Group
- Graham Corporation
- JM Pedroni＆Asociados SA
- Unique Systems
- Nitech Engineered Vacuum Systems
- Nidhi Engineering
- Japan Ejector Engineering Co., Ltd
- Swenson Technology Inc
Highlights of The Barometric Condensers 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:
- Countercurrent Spray
- Parallel Spray
- By Application:
- Food Processing
- Chemical
- Pharmaceutical
- Pulp & Paper
- Energy & Power
- 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 Barometric Condensers 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
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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 barometric condenser is a device used to collect and store energy from atmospheric pressure changes. The collected energy can be used to power devices such as lights, radios, or even appliances.
Some of the major companies in the barometric condensers market are Swenson Technology Inc, Schutte & Koerting, JET-VAC Technologies, Fives Group, Graham Corporation, JM Pedroni＆Asociados SA, Unique Systems, Nitech Engineered Vacuum Systems, Nidhi Engineering, Japan Ejector Engineering Co., Ltd, Swenson Technology Inc.
The barometric condensers 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 Barometric Condensers 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 Barometric Condensers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Barometric Condensers 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 Barometric Condensers 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 Barometric Condensers Market Size & Forecast, 2018-2028
4.5.1 Barometric Condensers Market Size and Y-o-Y Growth
4.5.2 Barometric Condensers Market Absolute $ Opportunity
Chapter 5 Global Barometric Condensers 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 Barometric Condensers Market Size Forecast by Type
5.2.1 Countercurrent Spray
5.2.2 Parallel Spray
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Barometric Condensers 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 Barometric Condensers Market Size Forecast by Applications
6.2.1 Food Processing
6.2.2 Chemical
6.2.3 Pharmaceutical
6.2.4 Pulp & Paper
6.2.5 Energy & Power
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Barometric Condensers 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 Barometric Condensers 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 Barometric Condensers Analysis and Forecast
9.1 Introduction
9.2 North America Barometric Condensers 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 Barometric Condensers Market Size Forecast by Type
9.6.1 Countercurrent Spray
9.6.2 Parallel Spray
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 Barometric Condensers Market Size Forecast by Applications
9.10.1 Food Processing
9.10.2 Chemical
9.10.3 Pharmaceutical
9.10.4 Pulp & Paper
9.10.5 Energy & Power
9.10.6 Others
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 Barometric Condensers Analysis and Forecast
10.1 Introduction
10.2 Europe Barometric Condensers 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 Barometric Condensers Market Size Forecast by Type
10.6.1 Countercurrent Spray
10.6.2 Parallel Spray
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 Barometric Condensers Market Size Forecast by Applications
10.10.1 Food Processing
10.10.2 Chemical
10.10.3 Pharmaceutical
10.10.4 Pulp & Paper
10.10.5 Energy & Power
10.10.6 Others
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 Barometric Condensers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Barometric Condensers 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 Barometric Condensers Market Size Forecast by Type
11.6.1 Countercurrent Spray
11.6.2 Parallel Spray
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 Barometric Condensers Market Size Forecast by Applications
11.10.1 Food Processing
11.10.2 Chemical
11.10.3 Pharmaceutical
11.10.4 Pulp & Paper
11.10.5 Energy & Power
11.10.6 Others
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 Barometric Condensers Analysis and Forecast
12.1 Introduction
12.2 Latin America Barometric Condensers 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 Barometric Condensers Market Size Forecast by Type
12.6.1 Countercurrent Spray
12.6.2 Parallel Spray
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 Barometric Condensers Market Size Forecast by Applications
12.10.1 Food Processing
12.10.2 Chemical
12.10.3 Pharmaceutical
12.10.4 Pulp & Paper
12.10.5 Energy & Power
12.10.6 Others
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) Barometric Condensers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Barometric Condensers 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) Barometric Condensers Market Size Forecast by Type
13.6.1 Countercurrent Spray
13.6.2 Parallel Spray
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) Barometric Condensers Market Size Forecast by Applications
13.10.1 Food Processing
13.10.2 Chemical
13.10.3 Pharmaceutical
13.10.4 Pulp & Paper
13.10.5 Energy & Power
13.10.6 Others
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 Barometric Condensers Market: Competitive Dashboard
14.2 Global Barometric Condensers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Swenson Technology Inc
14.3.2 Schutte & Koerting
14.3.3 JET-VAC Technologies
14.3.4 Fives Group
14.3.5 Graham Corporation
14.3.6 JM Pedroni＆Asociados SA
14.3.7 Unique Systems
14.3.8 Nitech Engineered Vacuum Systems
14.3.9 Nidhi Engineering
14.3.10 Japan Ejector Engineering Co., Ltd
14.3.11 Swenson Technology Inc
