Market Overview:
The global copper brazed plate heat exchangers 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 energy-efficient cooling systems and rising investments in industrial infrastructure. Based on type, the global copper brazed plate heat exchangers market is segmented into multi circuit heat exchangers and single circuit heat exchangers. The multi circuit heat exchanger segment is expected to account for a larger share of the market in 2018. This can be attributed to its ability to transfer more thermal energy as compared with single circuit heat exchangers. Based on application, the global copper brazed plate heat exchangers market is segmented into industrial, HVAC & cooling, and others (marine applications and power generation). The industrial segment accounted for a larger share of the market in 2017 owing to increased investments in manufacturing facilities across regions such as North America, Europe, Asia Pacific, and Latin America.
Product Definition:
A copper brazed plate heat exchanger is a device that uses metal plates to transfer heat between two fluids. The fluids pass through the small holes in the plates, and the heat is transferred between them. This type of heat exchanger is very efficient and can be used in a variety of applications.
Multi Circuit Heat Exchangers:
Multi Circuit Heat Exchangers (MCHE) are used to transfer more than two thermal circuits at a time. It is majorly used in the heat treatment industry for various applications such as smelting, refining, casting and rolling. The product has high demand owing to its ability to handle large amounts of heat energy with minimum wastage and maximum efficiency. Multi circuit heat exchangers can be segmented into two types on the basis of number of circuits they can carry out simultaneously i.
Single Circuit Heat Exchangers:
Single circuit heat exchangers are used in copper brazed plate heat exchangers. These single circuit vessels have a base made up of large diameter copper tubing, which is closed at both ends and fitted with an open-ended stainless steel tube for the flow of fluid. The advantage of using this equipment is that it can be easily cleaned and maintained by replacing only one component as compared to two-circuit or three-circuit vessels, which makes it more cost effective.
Application Insights:
The demand for the product in industrial applications accounted for over 70.0% of the total market volume in 2017. Copper brazed plate exchangers are used across a wide range of industries including chemical, petrochemical, power generation and cement to name a few. The rising need to conserve energy as well as reduce operational costs is expected to drive industry growth over the forecast period.
The HVAC & cooling segment is anticipated to witness significant growth owing to increasing construction activities across developed and emerging economies worldwide. Copper brazed plate exchangers offer benefits such as compactness along with excellent thermal conductivity which makes them suitable for use in air conditioning & refrigeration systems among others such as oil refining plants and power generation facilities among others globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of the region can be attributed to increasing industrialization, rising energy demand, and expanding infrastructure sector. Copper brazed plate heat exchangers are used extensively in industries such as chemical, petrochemical, power generation for both domestic as well as commercial applications.
The growing construction industry coupled with increasing HVAC & cooling equipment requirements is anticipated to drive copper brazed plate heat exchangers market demand in North America region over the forecast period. In addition, presence of a large number of manufacturers coupled with high adoption rate for advanced products will augment regional growth during the forecast years. Increasing government initiatives towards development of renewable energy sources along with technological advancements are some factors driving solar thermal systems installation across U.S.
Growth Factors:
- Increasing demand for energy efficient devices: The global market for copper brazed plate heat exchangers is expected to grow at a CAGR of more than 5% during the forecast period. This can be attributed to the increasing demand for energy efficient devices across the world.
- Rising industrialization and urbanization in developing countries: The growth of the copper brazed plate heat exchanger market is also driven by rising industrialization and urbanization in developing countries, where there is a growing need for energy-efficient cooling systems.
- Technological advancements: Copper brazed plate heat exchangers are becoming increasingly popular owing to their technological advancements, which have made them more reliable and efficient than traditional methods of heating and cooling systems.
- Growing awareness about energy conservation: There is a growing awareness among consumers about the importance of conserving energy, which has led to an increase in demand for energy-efficient devices, including copper brazed plate heat exchangers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Copper Brazed Plate Heat Exchangers Market Research Report
By Type
Multi Circuit Heat Exchangers, Single Circuit Heat Exchangers
By Application
Industrial, HVAC & Cooling
By Companies
Alfa Laval, Kelvion, Danfoss, SWEP, Spx Flow, Hisaka Works, Hydac, Xylem, API Heat Transfer, FUNKE, Alfa Laval, Paul Mueller, Ningbo Hrale, HRS Heat Exchangers
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
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Copper Brazed Plate Heat Exchangers Market Report Segments:
The global Copper Brazed Plate Heat Exchangers market is segmented on the basis of:
Types
Multi Circuit Heat Exchangers, Single Circuit Heat Exchangers
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
Industrial, HVAC & Cooling
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
- Danfoss
- SWEP
- Spx Flow
- Hisaka Works
- Hydac
- Xylem
- API Heat Transfer
- FUNKE
- Alfa Laval
- Paul Mueller
- Ningbo Hrale
- HRS Heat Exchangers
Highlights of The Copper Brazed Plate 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:
- Multi Circuit Heat Exchangers
- Single Circuit Heat Exchangers
- By Application:
- Industrial
- HVAC & Cooling
- 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 Copper Brazed Plate 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.
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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?
Copper brazed plate heat exchangers are a type of heat exchanger that uses copper to create an efficient and durable connection between the two metal plates. The copper creates a thermal conductivity that is much higher than other materials, which allows for more efficient transfer of heat.
Some of the major companies in the copper brazed plate heat exchangers market are Alfa Laval, Kelvion, Danfoss, SWEP, Spx Flow, Hisaka Works, Hydac, Xylem, API Heat Transfer, FUNKE, Alfa Laval, Paul Mueller, Ningbo Hrale, HRS Heat Exchangers.
The copper brazed plate 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 Copper Brazed Plate 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 Copper Brazed Plate Heat Exchangers Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Copper Brazed Plate 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 Copper Brazed Plate 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 Copper Brazed Plate Heat Exchangers Market Size & Forecast, 2020-2028 4.5.1 Copper Brazed Plate Heat Exchangers Market Size and Y-o-Y Growth 4.5.2 Copper Brazed Plate 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 Multi Circuit Heat Exchangers
5.2.2 Single Circuit Heat Exchangers
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 Industrial
6.2.2 HVAC & Cooling
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Copper Brazed Plate 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 Copper Brazed Plate 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 Multi Circuit Heat Exchangers
9.6.2 Single Circuit Heat Exchangers
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 Industrial
9.10.2 HVAC & Cooling
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 Multi Circuit Heat Exchangers
10.6.2 Single Circuit Heat Exchangers
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 Industrial
10.10.2 HVAC & Cooling
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 Multi Circuit Heat Exchangers
11.6.2 Single Circuit Heat Exchangers
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 Industrial
11.10.2 HVAC & Cooling
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 Multi Circuit Heat Exchangers
12.6.2 Single Circuit Heat Exchangers
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 Industrial
12.10.2 HVAC & Cooling
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 Multi Circuit Heat Exchangers
13.6.2 Single Circuit Heat Exchangers
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 Industrial
13.10.2 HVAC & Cooling
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 Copper Brazed Plate Heat Exchangers Market: Competitive Dashboard
14.2 Global Copper Brazed Plate 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
14.3.3 Danfoss
14.3.4 SWEP
14.3.5 Spx Flow
14.3.6 Hisaka Works
14.3.7 Hydac
14.3.8 Xylem
14.3.9 API Heat Transfer
14.3.10 FUNKE
14.3.11 Alfa Laval
14.3.12 Paul Mueller
14.3.13 Ningbo Hrale
14.3.14 HRS Heat Exchangers