Market Overview:
The global high pressure 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 high pressure heat exchangers from various end-use industries, such as gas, liquid, and others. In addition, the growing demand for energy-efficient and environment-friendly technologies is also contributing to the growth of this market. Based on type, the shell and tube high pressure heat exchanger segment is expected to lead the global high pressure heat exchangers market during the forecast period. This segment is projected to grow at a CAGR of 5.8% from 2018 to 2030 due to its ability to handle large flow rates and higher thermal efficiency as compared with other types of high pressure heat exchangers. Based on application, gas accounted for majority share in 2017 and it is projected that this trend will continue during forecast period owing rising demand for natural gas across globe .Asia Pacific held largest share in 2017 followed by Europe in terms of revenue generated by High Pressure Heat Exchanger Market .
Product Definition:
A high pressure heat exchanger is a device that transfers thermal energy between two fluids at different pressures. The importance of high pressure heat exchangers is that they can be used to efficiently transfer thermal energy in systems where there are large pressure differences between the fluids.
Shell and Tube High Pressure Heat Exchangers:
Shell and tube high pressure heat exchangers are used in various applications including petrochemical, chemical, refining, power generation industries. Shell & Tube High Pressure Heat Exchangers are widely used in the oil & gas industry for thermal insulation during the production process of crude oil or natural gas. The growth factor responsible for the increased demand for Shell and Tube High Pressure Heat Exchanger is its ability to provide thermal insulation during a complicated process with minimum downtime.
U Tube High Pressure Heat Exchanger:
U tube high pressure heat exchanger is a closed circuit made up of tubes which are sealed at both ends and used for transferring heat between two fluids with different temperatures. It is mainly used in the HPHE’s (High Pressure Heat Exchangers) where it acts as an intermediate temperature device to transfer thermal energy from one fluid to another without the risk of contamination.
Application Insights:
High pressure heat exchangers are used for various applications including gas, liquid and others. The other application segments include air, steam and thermal energy. High-pressure heat exchangers are widely used in the petrochemical industry to process natural gas into synthesis gas which is subsequently utilized in chemical plants. Liquid high-pressure heat exchangers are extensively used for processing of crude oil into petroleum liquids and then further processed products such as gasoline, diesel & fuel oil etc.
The growing demand for H2O2 production from coal to produce CO2 for use in enhanced Oil Recovery (EOR) techniques is expected to drive the global high pressure heat exchangers market over the forecast period owing to increasing number of projects across various regions globally. In addition, these systems also help reduce greenhouse gases by capturing carbon dioxide produced during power generation process thereby aiding towards sustainable development globally over the long term horizon (2030 - 2038).
Regional Analysis:
Europe was the largest regional market in 2017 owing to rising demand for high pressure heat exchangers from industries including oil & gas, chemical, power generation and others. Stringent government regulations regarding energy consumption have boosted the adoption of HPHX in industrial applications.
The Asia Pacific is expected to be one of the fastest-growing markets over the forecast period owing to increasing construction activities and growing population especially in China and India. The Middle East & Africa is also expected to witness significant growth due to rising number of large projects such as Qatar 2022 FIFA World Cup stadium construction project which will boost product demand across various industries such as oil & gas, power generation etc.
Growth Factors:
- Increasing demand for high pressure heat exchangers from the oil and gas industry as a result of increasing exploration and production activities
- Growing demand for high pressure heat exchangers in the chemical processing industry to meet the requirements of various process industries
- Rising demand for energy-efficient equipment, which is driving the adoption of high pressure heat exchangers in various end-use industries
- Technological advancements that have led to the development of more efficient and compact high pressure heat exchangers
- Growing awareness about the benefits offered by high pressure heat exchangers among end users
Scope Of The Report
Report Attributes
Report Details
Report Title
High Pressure Heat Exchangers Market Research Report
By Type
Shell and Tube High Pressure Heat Exchangers, U Tube High Pressure Heat Exchanger, Others
By Application
Gas, Liquid, Others
By Companies
ALFA LAVAL, BOSAL Group, CH Bull Company, EKME, DHP, TERMOSPEC, Villa Scambiatori, L&T Heavy Engineering, PROCESS-POWER, INC, ATR-ASAHI Process Systems (P) Limited, ALFA LAVAL, Ningbo Timely Import And Export
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global High Pressure Heat Exchangers Market Report Segments:
The global High Pressure Heat Exchangers market is segmented on the basis of:
Types
Shell and Tube High Pressure Heat Exchangers, U Tube High Pressure 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
Gas, Liquid, 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
- BOSAL Group
- CH Bull Company
- EKME
- DHP
- TERMOSPEC
- Villa Scambiatori
- L&T Heavy Engineering
- PROCESS-POWER, INC
- ATR-ASAHI Process Systems (P) Limited
- ALFA LAVAL
- Ningbo Timely Import And Export
Highlights of The High Pressure 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:
- Shell and Tube High Pressure Heat Exchangers
- U Tube High Pressure Heat Exchanger
- Others
- By Application:
- Gas
- Liquid
- 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 High Pressure 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 high pressure heat exchanger is a device that uses high pressure to transfer heat between two fluids. The fluid inlet and outlet are at different pressures, so the fluid can move more easily through the device. This makes it easier to transfer heat from one fluid to another.
Some of the key players operating in the high pressure heat exchangers market are ALFA LAVAL, BOSAL Group, CH Bull Company, EKME, DHP, TERMOSPEC, Villa Scambiatori, L&T Heavy Engineering, PROCESS-POWER, INC, ATR-ASAHI Process Systems (P) Limited, ALFA LAVAL, Ningbo Timely Import And Export.
The high pressure 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 High Pressure 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 High Pressure Heat Exchangers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Pressure 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 High Pressure 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 High Pressure Heat Exchangers Market Size & Forecast, 2018-2028
4.5.1 High Pressure Heat Exchangers Market Size and Y-o-Y Growth
4.5.2 High Pressure Heat Exchangers Market Absolute $ Opportunity
Chapter 5 Global High Pressure Heat Exchangers 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 High Pressure Heat Exchangers Market Size Forecast by Type
5.2.1 Shell and Tube High Pressure Heat Exchangers
5.2.2 U Tube High Pressure Heat Exchanger
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Pressure Heat Exchangers 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 High Pressure Heat Exchangers Market Size Forecast by Applications
6.2.1 Gas
6.2.2 Liquid
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Pressure 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 High Pressure 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 High Pressure Heat Exchangers Analysis and Forecast
9.1 Introduction
9.2 North America High Pressure Heat Exchangers 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 High Pressure Heat Exchangers Market Size Forecast by Type
9.6.1 Shell and Tube High Pressure Heat Exchangers
9.6.2 U Tube High Pressure 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 High Pressure Heat Exchangers Market Size Forecast by Applications
9.10.1 Gas
9.10.2 Liquid
9.10.3 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 High Pressure Heat Exchangers Analysis and Forecast
10.1 Introduction
10.2 Europe High Pressure Heat Exchangers 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 High Pressure Heat Exchangers Market Size Forecast by Type
10.6.1 Shell and Tube High Pressure Heat Exchangers
10.6.2 U Tube High Pressure 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 High Pressure Heat Exchangers Market Size Forecast by Applications
10.10.1 Gas
10.10.2 Liquid
10.10.3 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 High Pressure Heat Exchangers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Pressure Heat Exchangers 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 High Pressure Heat Exchangers Market Size Forecast by Type
11.6.1 Shell and Tube High Pressure Heat Exchangers
11.6.2 U Tube High Pressure 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 High Pressure Heat Exchangers Market Size Forecast by Applications
11.10.1 Gas
11.10.2 Liquid
11.10.3 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 High Pressure Heat Exchangers Analysis and Forecast
12.1 Introduction
12.2 Latin America High Pressure Heat Exchangers 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 High Pressure Heat Exchangers Market Size Forecast by Type
12.6.1 Shell and Tube High Pressure Heat Exchangers
12.6.2 U Tube High Pressure 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 High Pressure Heat Exchangers Market Size Forecast by Applications
12.10.1 Gas
12.10.2 Liquid
12.10.3 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) High Pressure Heat Exchangers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Pressure Heat Exchangers 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) High Pressure Heat Exchangers Market Size Forecast by Type
13.6.1 Shell and Tube High Pressure Heat Exchangers
13.6.2 U Tube High Pressure 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) High Pressure Heat Exchangers Market Size Forecast by Applications
13.10.1 Gas
13.10.2 Liquid
13.10.3 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 High Pressure Heat Exchangers Market: Competitive Dashboard
14.2 Global High Pressure Heat Exchangers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ALFA LAVAL
14.3.2 BOSAL Group
14.3.3 CH Bull Company
14.3.4 EKME
14.3.5 DHP
14.3.6 TERMOSPEC
14.3.7 Villa Scambiatori
14.3.8 L&T Heavy Engineering
14.3.9 PROCESS-POWER, INC
14.3.10 ATR-ASAHI Process Systems (P) Limited
14.3.11 ALFA LAVAL
14.3.12 Ningbo Timely Import And Export
