Market Overview:
The global floating head heat exchanger 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 equipment and rising awareness about energy conservation. In addition, the growing demand for HVAC & refrigeration applications is also contributing to the growth of the market. The global floating head heat exchanger market can be segmented by type, application, and region. By type, the market can be divided into stainless steel, titanium alloy, and other types. Stainless steel is a preferred choice for many applications owing to its corrosion resistance properties and low cost. Titanium alloy is used in high-temperature applications as it has superior mechanical properties compared with stainless steel alloys. By application, the global floating head heat exchanger market can be classified into HVAC & refrigeration; food & beverages; power generation; pulp & paper; and others (textile processing plants, oil refineries etc.). Among these segments, HVAC & refrigeration accounted for majority of share in 2017 owing to increasing demand from developing countries such as China and India . Asia Pacific was estimated to account for largest share in terms of revenue followed by Europe .
Product Definition:
A Floating Head Heat Exchanger is a device used to transfer heat between two fluids. It consists of a pipe with one end sealed and the other end open, allowing the fluids to flow in and out. Inside the pipe is a metal head that floats up and down as the fluid levels change, allowing it to come into contact with both fluids. This allows for efficient heat transfer between them.
Stainless Steel:
Stainless steel is a type of alloy which consists of iron, chromium, nickel and titanium. It has high resistance to corrosion and oxidation. The material is widely used in heat exchangers owing to its characteristics such as low maintenance requirements, high strength & durability along with easy installation process.
Increasing demand for energy across the globe coupled with growing concerns regarding greenhouse gas emissions are expected to drive stainless steel head heat exchanger market over the forecast period.
Titanium Alloy:
Titanium alloys are a group of metals that share similar properties. They have high corrosion resistance, good strength, and are lightweight. The most important property is their ability to withstand a wide range of temperatures without any significant change in terms of properties or structure. These characteristics make them suitable for use in heat exchangers where thermal stability is an essential requirement.
The major application areas include chemical processing industries such as petrochemicals.
Application Insights:
The market is segmented on the basis of application into HVAC & refrigeration, food and beverages, power generation, pulp and paper and others. The HVAC & refrigeration segment dominated the global floating head heat exchanger market in 2017 owing to increasing demand for energy-efficient products. Refrigerants are a vital component in any HVAC system as they allow systems to function efficiently by carrying away heat from the air that surrounds them. These gases are used as a medium of exchange between various parts of an automobile cooling system; however, their use has been declining owing to environmental concerns over their discharge into the atmosphere. This has resulted in increased demand for alternative technologies such as FHHXs that do not involve liquid or gas refrigerants but operate on similar principles.
Food and beverage was one of the fastest growing application segments due to rising disposable income levels coupled with population growth globally resulting in increased consumption patterns across all regions including Asia Pacific, North America.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing industrialization and rapid growth of end-use industries in the region. The growing manufacturing sector, particularly in China and India, is anticipated to drive product demand over the forecast period.
The presence of numerous power generation plants across emerging economies such as China and India will also propel industry expansion over the next eight years. In addition, favorable government policies aimed at promoting investments through subsidies or tax cuts are some other factors driving industry growth in APAC region. For instance, under Power Generation (PRC) Tax Reduction Plan (2016 - 2020), first year corporate tax was reduced from 17% to 7%.
Growth Factors:
- Increasing demand for energy efficient technologies
- Rising awareness about the benefits of using floating head heat exchangers
- Growing number of industrial and commercial establishments worldwide
- Technological advancements in the manufacturing of floating head heat exchangers
- Rising demand for thermal management systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Floating Head Heat Exchanger Market Research Report
By Type
Stainless Steel, Titanium Alloy, Other
By Application
HVAC & refrigeration, Food & beverages, Power generation, Pulp & paper, Others
By Companies
Alfa Laval, Kelvion, SPX, Standard Xchange, API Heat Transfer, Brask, Hughes Anderson, Manning and Lewis, Mason Manufacturing, Kennedy Tank & Manufacturing, Alfa Laval, Hrs Heat Exchangers, Koch Heat Transfer, Southern Heat Exchanger
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
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Floating Head Heat Exchanger Market Report Segments:
The global Floating Head Heat Exchanger market is segmented on the basis of:
Types
Stainless Steel, Titanium Alloy, Other
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
HVAC & refrigeration, Food & beverages, Power generation, Pulp & paper, 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:
- Alfa Laval
- Kelvion
- SPX
- Standard Xchange
- API Heat Transfer
- Brask
- Hughes Anderson
- Manning and Lewis
- Mason Manufacturing
- Kennedy Tank & Manufacturing
- Alfa Laval
- Hrs Heat Exchangers
- Koch Heat Transfer
- Southern Heat Exchanger
Highlights of The Floating Head 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:
- Stainless Steel
- Titanium Alloy
- Other
- By Application:
- HVAC & refrigeration
- Food & beverages
- Power generation
- Pulp & paper
- 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 Floating Head 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 floating head heat exchanger is a device used to transfer heat between two fluids. It consists of a metal or plastic bowl that sits on top of a larger, stationary base. The bowl has small holes in it that allow the fluid being heated to flow into it, while the cooler fluid flows out. This arrangement allows the two fluids to exchange their thermal energy without coming into contact with each other.
Some of the major companies in the floating head heat exchanger market are Alfa Laval, Kelvion, SPX, Standard Xchange, API Heat Transfer, Brask, Hughes Anderson, Manning and Lewis, Mason Manufacturing, Kennedy Tank & Manufacturing, Alfa Laval, Hrs Heat Exchangers, Koch Heat Transfer, Southern Heat Exchanger.
The floating head heat exchanger 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 Floating Head 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 Floating Head Heat Exchanger Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Floating Head 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 Floating Head 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 Floating Head Heat Exchanger Market Size & Forecast, 2020-2028
4.5.1 Floating Head Heat Exchanger Market Size and Y-o-Y Growth
4.5.2 Floating Head 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 Stainless Steel
5.2.2 Titanium Alloy
5.2.3 Other
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 HVAC & refrigeration
6.2.2 Food & beverages
6.2.3 Power generation
6.2.4 Pulp & paper
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Floating Head 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 Floating Head 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 Stainless Steel
9.6.2 Titanium Alloy
9.6.3 Other
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 HVAC & refrigeration
9.10.2 Food & beverages
9.10.3 Power generation
9.10.4 Pulp & paper
9.10.5 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 Stainless Steel
10.6.2 Titanium Alloy
10.6.3 Other
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 HVAC & refrigeration
10.10.2 Food & beverages
10.10.3 Power generation
10.10.4 Pulp & paper
10.10.5 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 Stainless Steel
11.6.2 Titanium Alloy
11.6.3 Other
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 HVAC & refrigeration
11.10.2 Food & beverages
11.10.3 Power generation
11.10.4 Pulp & paper
11.10.5 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 Stainless Steel
12.6.2 Titanium Alloy
12.6.3 Other
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 HVAC & refrigeration
12.10.2 Food & beverages
12.10.3 Power generation
12.10.4 Pulp & paper
12.10.5 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 Stainless Steel
13.6.2 Titanium Alloy
13.6.3 Other
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 HVAC & refrigeration
13.10.2 Food & beverages
13.10.3 Power generation
13.10.4 Pulp & paper
13.10.5 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 Floating Head Heat Exchanger Market: Competitive Dashboard
14.2 Global Floating Head Heat Exchanger 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 SPX
14.3.4 Standard Xchange
14.3.5 API Heat Transfer
14.3.6 Brask
14.3.7 Hughes Anderson
14.3.8 Manning and Lewis
14.3.9 Mason Manufacturing
14.3.10 Kennedy Tank & Manufacturing
14.3.11 Alfa Laval
14.3.12 Hrs Heat Exchangers
14.3.13 Koch Heat Transfer
14.3.14 Southern Heat Exchanger
