Market Overview:
The Global Bloc Heat Exchangers Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for bloc heat exchangers in various applications, such as petrochemical, electric power & metallurgy, shipbuilding industry, mechanical industry and other applications. In terms of type, the market is segmented into max. heat transfer area < 100 ft2, max. heat transfer area: 100-800 ft2 and max. heat transfer area > 800 ft2 segments. The max.
Product Definition:
A bloc heat exchanger is a type of heat exchanger that uses multiple small plates or tubes to transfer heat between two fluids. The importance of bloc heat exchangers is that they are compact and efficient, making them ideal for use in applications where space is limited.
Max. Heat Transfer Area < 100 ft2:
The Max Heat Transfer Area (MHA) is the maximum area that can be covered using a single unit of heat transfer equipment. The Mmax value represents the total heat transfer surface area available for use in a particular system or process. It is usually represented as m2/s or ft2, although it depends on the type of equipment being used and its configuration.
Max. Heat Transfer Area: 100-800 ft2:
Bloc heat exchangers are widely used for thermal management in various industries such as petrochemical, chemical, and power generation. Max. Heat Transfer Area (MHA) is the maximum surface area of a heat exchanger that can be covered with an individual unit of equipment during installation. The MHA value represents the total amount of heat transfer possible between any two fluids at a given temperature difference under normal pressure and flow conditions.
Application Insights:
The electric power & metallurgy application segment led the global market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The demand for heat exchangers in this industry is driven by increasing steel production, which requires large volumes of heat transfer fluids such as oils and coolants. Electric power & metallurgy are amongst the major industries that use bloctersneues, owing to their high efficiency and versatility in handling various processes including Siemens-Stirling process, continuous casting process, etc.
Petrochemical emerged as another prominent application segment with a share of 5.9% in 2017 owing to rising crude oil prices leading to an increase in petroleum exploration activities across countries such as Saudi Arabia, UAE and Iran resulting into increased demand for petrochemical plants over the coming years also driving growth for BHXs globally. Other applications include mechanical engineering (3%,), shipbuilding (2%,)and others (1%).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. Increasing industrialization coupled with growing energy demand from developing nations such as China and India are anticipated to drive growth in Asia Pacific region.
The Middle East & Africa accounted for a significant share of revenue in 2017 owing to increasing oil & gas industry across countries such as Saudi Arabia and UAE. In addition, rising investments by major players for expanding their production capacities are likely to support the regional growth over the forecast period. For instance; Total SA has signed a contract with Dubai government for constructing an additional capacity of around 300 million tons per year at its Khurais complex near Abu Dhabi which will be utilized primarily for crude processing activities.
Growth Factors:
- Increasing demand for energy efficient heating and cooling systems in commercial and industrial sectors
- Growing popularity of heat exchangers as a replacement for traditional heating methods such as boilers and furnaces
- Rising awareness about the benefits of using heat exchangers in residential applications
- Technological advancements that have led to the development of more efficient and compact heat exchanger designs
- Stringent government regulations aimed at promoting energy conservation
Scope Of The Report
Report Attributes
Report Details
Report Title
Bloc 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, Tranter, GRANO, Funke
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
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Bloc Heat Exchangers Market Report Segments:
The global Bloc 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
- Tranter
- GRANO
- Funke
Highlights of The Bloc 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 Bloc 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
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- Consumer Insights
- Understanding Competition Scenario
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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 bloc heat exchanger is a type of heat exchanger that uses a series of blocks to transfer thermal energy between two fluids. The blocks are made from metal or plastic and are stacked on top of each other. This design allows the exchanger to be compact and easy to install.
Some of the major players in the bloc heat exchangers market are Alfa Laval, Kelvion (GEA), Danfoss, WCR, Tranter, GRANO, Funke.
The bloc heat exchangers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bloc 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 Bloc Heat Exchangers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bloc 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 Bloc 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 Bloc Heat Exchangers Market Size & Forecast, 2020-2028
4.5.1 Bloc Heat Exchangers Market Size and Y-o-Y Growth
4.5.2 Bloc 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 Bloc 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 Bloc 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 Bloc Heat Exchangers Market: Competitive Dashboard
14.2 Global Bloc 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 Tranter
14.3.6 GRANO
14.3.7 Funke
