Market Overview:
The global double wall plate heat exchanger market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The growth of the market can be attributed to the increasing demand for energy-efficient equipment across various industries. The global double wall plate heat exchanger market has been segmented on the basis of type, application and region. On the basis of type, static heat exchanger accounted for a major share in 2017 and is expected to maintain its dominance throughout the forecast period. This can be attributed to its ability to handle high pressure and temperature fluctuations without any damage or leakage.
Product Definition:
A double wall plate heat exchanger is a type of device used to transfer heat between two fluids. It typically consists of a number of parallel plates that are thermally insulated from each other, with the fluids flowing through the spaces in between the plates. This design allows for efficient heat exchange while minimizing thermal losses. Double wall plate heat exchangers are often used in industrial applications where high temperatures and/or large amounts of heat need to be transferred.
Static Heat Exchanger:
A static heat exchanger is a device used to transfer heat between two fluids without the movement of the fluids. It is made up of two interlocking plates, one of which is usually made from metal and the other from thermally insulating material such as ceramic or plastic. The design allows for maximum efficiency in terms of transferring thermal energy but at minimum risk of contamination due to particulate matter or vapor that may be present in either fluid.
Dynamic Heat Exchanger:
Dynamic heat exchanger is a device used to exchange heat between two fluids without the transfer of heat through the medium. It consists of two vessels connected by a channel, which allows for rapid temperature change in one vessel while maintaining temperature difference between both.
It is mainly used in industrial processes such as chemical processing, petroleum refining and power generation industries. In chemical industry it can be used for distillation column process or heating & cooling process (boiler).
Application Insights:
The chemical industry led the global double wall plate heat exchanger market in 2017, accounting for over 30% of the total revenue share. The growth can be attributed to increasing demand for HVAC systems in various industries including petrochemicals, pharmaceuticals and food and beverages. In addition, technological advancements coupled with growing product demand are expected to drive the segment further during the forecast period.
Petroleum industry is anticipated to emerge as a prominent application segment over the forecast period owing to its rising requirement for crude oil which requires constant circulation of cooling water through it so that it may be sent back into reservoir through natural circulation or produced from wells via flow-through cooling processes. Growing need for energy has resulted in increased focus on renewable sources of energy such as solar and wind which has compelled major players operating within this sector to use eco-friendly materials while constructing their facilities thereby driving product demand within this sector significantly over the projected period.
Regional Analysis:
Asia Pacific dominated the global double wall plate heat exchangers market in 2017. The region is expected to witness significant growth over the forecast period owing to rapid industrialization and increasing energy demand from developing countries such as China and India. In addition, rising awareness regarding energy conservation is anticipated to drive the product demand in this region.
The growing chemical industry coupled with an increase in petroleum production across major economies including China, India, Indonesia, Malaysia and Thailand are expected to drive product demand over the forecast period. Furthermore, government initiatives for infrastructure development along with increasing investments for power sector expansion are likely to augment industry growth over next eight years.
Growth Factors:
- Increasing demand for energy efficient systems in various industries
- Growing awareness about the benefits of double wall plate heat exchanger over traditional methods
- Rising need to reduce greenhouse gas emissions and comply with environmental regulations
- Technological advancements that have led to the development of more efficient and compact double wall plate heat exchangers
- Growing demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Double Wall Plate Heat Exchanger Market Research Report
By Type
Static Heat Exchanger, Dynamic Heat Exchanger, Others
By Application
Petroleum Industry, Chemical Industry, Food and Beverage Industry, Power Industry, Metallurgical Industry, Shipbuilding Industry, Others
By Companies
Valutech Inc, AF Pipe Solutions, SWEP International AB, Kinetic Engineering Corporation, Kelvion Holding GmbH, The Heat Exchanger Company, Xylem, KAORI Heat Treatment Co, SunEarth, Taco Comfort Solutions
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
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Double Wall Plate Heat Exchanger Market Report Segments:
The global Double Wall Plate Heat Exchanger market is segmented on the basis of:
Types
Static Heat Exchanger, Dynamic Heat Exchanger, Others
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
Petroleum Industry, Chemical Industry, Food and Beverage Industry, Power Industry, Metallurgical Industry, Shipbuilding Industry, 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:
- Valutech Inc
- AF Pipe Solutions
- SWEP International AB
- Kinetic Engineering Corporation
- Kelvion Holding GmbH
- The Heat Exchanger Company
- Xylem
- KAORI Heat Treatment Co
- SunEarth
- Taco Comfort Solutions
Highlights of The Double Wall Plate Heat Exchanger 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:
- Static Heat Exchanger
- Dynamic Heat Exchanger
- Others
- By Application:
- Petroleum Industry
- Chemical Industry
- Food and Beverage Industry
- Power Industry
- Metallurgical Industry
- Shipbuilding Industry
- 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 Double Wall Plate Heat Exchanger 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 double wall plate heat exchanger is a type of heat exchanger that uses two metal plates to transfer thermal energy between two fluids. The metal plates are typically made out of copper or aluminum and are spaced apart by a thin layer of insulation. This arrangement allows the heat exchangers to operate at high temperatures, which is beneficial because it allows them to exchange large amounts of thermal energy quickly.
Some of the major companies in the double wall plate heat exchanger market are Valutech Inc, AF Pipe Solutions, SWEP International AB, Kinetic Engineering Corporation, Kelvion Holding GmbH, The Heat Exchanger Company, Xylem, KAORI Heat Treatment Co, SunEarth, Taco Comfort Solutions.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Double Wall Plate Heat Exchanger 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 Double Wall Plate Heat Exchanger Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Double Wall Plate Heat Exchanger 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 Double Wall Plate Heat Exchanger 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 Double Wall Plate Heat Exchanger Market Size & Forecast, 2020-2028 4.5.1 Double Wall Plate Heat Exchanger Market Size and Y-o-Y Growth 4.5.2 Double Wall Plate Heat Exchanger 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 Static Heat Exchanger
5.2.2 Dynamic Heat Exchanger
5.2.3 Others
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 Petroleum Industry
6.2.2 Chemical Industry
6.2.3 Food and Beverage Industry
6.2.4 Power Industry
6.2.5 Metallurgical Industry
6.2.6 Shipbuilding Industry
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Double Wall Plate Heat Exchanger 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 Double Wall Plate Heat Exchanger 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 Static Heat Exchanger
9.6.2 Dynamic Heat Exchanger
9.6.3 Others
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 Petroleum Industry
9.10.2 Chemical Industry
9.10.3 Food and Beverage Industry
9.10.4 Power Industry
9.10.5 Metallurgical Industry
9.10.6 Shipbuilding Industry
9.10.7 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 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 Static Heat Exchanger
10.6.2 Dynamic Heat Exchanger
10.6.3 Others
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 Petroleum Industry
10.10.2 Chemical Industry
10.10.3 Food and Beverage Industry
10.10.4 Power Industry
10.10.5 Metallurgical Industry
10.10.6 Shipbuilding Industry
10.10.7 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 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 Static Heat Exchanger
11.6.2 Dynamic Heat Exchanger
11.6.3 Others
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 Petroleum Industry
11.10.2 Chemical Industry
11.10.3 Food and Beverage Industry
11.10.4 Power Industry
11.10.5 Metallurgical Industry
11.10.6 Shipbuilding Industry
11.10.7 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 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 Static Heat Exchanger
12.6.2 Dynamic Heat Exchanger
12.6.3 Others
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 Petroleum Industry
12.10.2 Chemical Industry
12.10.3 Food and Beverage Industry
12.10.4 Power Industry
12.10.5 Metallurgical Industry
12.10.6 Shipbuilding Industry
12.10.7 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) 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 Static Heat Exchanger
13.6.2 Dynamic Heat Exchanger
13.6.3 Others
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 Petroleum Industry
13.10.2 Chemical Industry
13.10.3 Food and Beverage Industry
13.10.4 Power Industry
13.10.5 Metallurgical Industry
13.10.6 Shipbuilding Industry
13.10.7 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 Double Wall Plate Heat Exchanger Market: Competitive Dashboard
14.2 Global Double Wall Plate Heat Exchanger Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Valutech Inc
14.3.2 AF Pipe Solutions
14.3.3 SWEP International AB
14.3.4 Kinetic Engineering Corporation
14.3.5 Kelvion Holding GmbH
14.3.6 The Heat Exchanger Company
14.3.7 Xylem
14.3.8 KAORI Heat Treatment Co
14.3.9 SunEarth
14.3.10 Taco Comfort Solutions