Market Overview:
The Global Pillow Plate Heat Exchangers Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for pillow plate heat exchangers in food, beverage, chemical and other applications. In terms of type, the single embossed pillow plate heat exchanger segment is expected to dominate the market during the forecast period owing to its high efficiency and low cost. However, in terms of growth rate, the double embossed pillow plate heat exchanger segment is expected to register highest CAGR during 2018-2030.
Product Definition:
A pillow plate heat exchanger is a type of heat exchanger in which the plates are corrugated to increase the surface area. This type of heat exchanger is often used in applications where space is limited. The importance of pillow plate heat exchangers lies in their ability to fit into tight spaces and still provide efficient thermal transfer.
Single Embossed:
Single-embossed plates are used in heat exchangers mainly for the purpose of thermal insulation. They consist of a single layer of metal or plastic with an open cell structure and are usually made from copper, aluminum, or steel sheets. The process involves stamping the plate into shape and is generally done on an industrial scale at a sheet processing plant.
Double Embossed:
The process of double embossing involves two steps which are done with the help of equipment. The first step is to put a second layer of paper on top of the original one and then apply pressure for a longer duration. In the second stage, heat is applied to melt both layers together and form an embossed surface.
Application Insights:
The food application segment accounted for the largest revenue share of over 40% in 2017. The demand for pillow plate heat exchangers is expected to increase as a result of their ability to efficiently and continuously transfer large amounts of heat while maintaining low temperatures. These types are widely used in the pharmaceutical industry owing to their properties such as high thermal efficiency, durability, and ease of cleaning.
The beverage application segment is expected to witness significant growth over the forecast period on account of increasing use in distillation processes where pot stills are employed at various stages from raw material preparation through final product separation. In addition, these products also find applications within wineries where they are used during fermentation processes along with continuous refluxing operations that require efficient heat transfer mediums between vessel walls and cooling water sources external thereto.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and urbanization in the region, which has led to an increase in construction activities. Furthermore, rising demand for air conditioning units coupled with increasing disposable income will drive product demand further.
Europe was valued at USD X million in 2017 and is projected to witness steady growth over the forecast period owing high product penetration due mainly to high consumption of pillows by consumers especially those living alone as well as hotels catering mostly for single travelers are on a rise across this region. Moreover, double bed size is smaller than before hence requiring more pillow plates resulting into higher heat exchangers sales across this region.
The Middle East & Africa (MEA) market accounted for 3% share of global revenue in 2017.
Growth Factors:
- Increasing demand for energy efficient heating and cooling systems
- Rising awareness about the benefits of using pillow plate heat exchangers
- Growing popularity of miniaturized heat exchangers for thermal management applications
- Proliferation of advanced manufacturing technologies that can produce high-quality pillow plate heat exchangers at competitive prices
- Rapid expansion in end-use industries such as automotive, aerospace, and electronics
Scope Of The Report
Report Attributes
Report Details
Report Title
Pillow Plate Heat Exchangers Market Research Report
By Type
Single Embossed, Double Embossed
By Application
Food, Beverage, Chemical, Others
By Companies
FIC, Anthermo GmbH, Gesmex, LOB GmbH, Mazurczak GmbH, Cenerge Engineering Solutions, Boucheng Corp, Shanghai Heat Transfer Equipment Co, Sehenstar, Shanghai Empire Mechanical Engineering
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
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Pillow Plate Heat Exchangers Market Report Segments:
The global Pillow Plate Heat Exchangers market is segmented on the basis of:
Types
Single Embossed, Double Embossed
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
Food, Beverage, Chemical, 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:
- FIC
- Anthermo GmbH
- Gesmex
- LOB GmbH
- Mazurczak GmbH
- Cenerge Engineering Solutions
- Boucheng Corp
- Shanghai Heat Transfer Equipment Co
- Sehenstar
- Shanghai Empire Mechanical Engineering
Highlights of The Pillow 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:
- Single Embossed
- Double Embossed
- By Application:
- Food
- Beverage
- Chemical
- 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 Pillow 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.
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?
Pillow plate heat exchangers are a type of heat exchanger that use plates to transfer thermal energy between two fluids. They are often used in industrial applications to reduce the temperature of one fluid before it is sent into another, or to increase the temperature of one fluid before it is sent out.
Some of the major companies in the pillow plate heat exchangers market are FIC, Anthermo GmbH, Gesmex, LOB GmbH, Mazurczak GmbH, Cenerge Engineering Solutions, Boucheng Corp, Shanghai Heat Transfer Equipment Co, Sehenstar, Shanghai Empire Mechanical Engineering.
The pillow 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 Pillow 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 Pillow Plate Heat Exchangers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pillow 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 Pillow 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 Pillow Plate Heat Exchangers Market Size & Forecast, 2020-2028
4.5.1 Pillow Plate Heat Exchangers Market Size and Y-o-Y Growth
4.5.2 Pillow 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 Single Embossed
5.2.2 Double Embossed
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 Food
6.2.2 Beverage
6.2.3 Chemical
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pillow 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 Pillow 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 Single Embossed
9.6.2 Double Embossed
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 Food
9.10.2 Beverage
9.10.3 Chemical
9.10.4 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 Single Embossed
10.6.2 Double Embossed
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 Food
10.10.2 Beverage
10.10.3 Chemical
10.10.4 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 Single Embossed
11.6.2 Double Embossed
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 Food
11.10.2 Beverage
11.10.3 Chemical
11.10.4 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 Single Embossed
12.6.2 Double Embossed
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 Food
12.10.2 Beverage
12.10.3 Chemical
12.10.4 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 Single Embossed
13.6.2 Double Embossed
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 Food
13.10.2 Beverage
13.10.3 Chemical
13.10.4 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 Pillow Plate Heat Exchangers Market: Competitive Dashboard
14.2 Global Pillow Plate Heat Exchangers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 FIC
14.3.2 Anthermo GmbH
14.3.3 Gesmex
14.3.4 LOB GmbH
14.3.5 Mazurczak GmbH
14.3.6 Cenerge Engineering Solutions
14.3.7 Boucheng Corp
14.3.8 Shanghai Heat Transfer Equipment Co
14.3.9 Sehenstar
14.3.10 Shanghai Empire Mechanical Engineering
