Market Overview:
The global shell and tube heat exchanger elements market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for shell and tube heat exchangers in various industries, such as chemical, pharmaceutical, plastics, and others. Shell and tube heat exchangers are used for efficient thermal management in various industrial applications. These devices are also used for exchanging energy between two fluids flowing in parallel tubes.
Product Definition:
Shell and Tube Heat Exchanger Elements are tubes that run through a casing. The tubes are used to transfer heat between two fluids. The importance of Shell and Tube Heat Exchanger Elements is that they provide a efficient way to transfer heat between two fluids.
U-tube Heat Exchanger:
U-tube heat exchanger is a type of heat exchanger that consists of two U-shaped tubes joined by a common base. The flow of fluids in the upper tube is usually toward the lower end, while the lower fluid flows towards the upper end.
The basic operation principle behind this device is based on Archimedean screw design, where cold fluid entering at one end contracts to provide maximum pressure inside the tube and expands at other end to release pressure.
Straight Tube Heat Exchanger:
The straight tube heat exchanger is a closed vessel structure made up of two metal tubes with smaller cross-section area connected by a single open end. The overall length of the heat exchanger is determined by the dimensions of the largest cross-sectional area that can be encompassed within the length of both tubes.
It offers advantages such as low pressure drop, high thermal efficiency,.
Application Insights:
The chemical industry accounted for the largest application segment in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for chemicals, which are used in various industries including pharmaceuticals, paints & coatings, etc.
The pharmaceutical industry is expected to witness significant growth owing to its rising requirement of advanced equipment and technologies for processing medicines with high quality standards. In addition, stringent government regulations regarding disposal of wastewater from pharma companies are anticipated to augment the product demand over the coming years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing energy demand in emerging economies, such as China and India. In addition, rising government initiatives for promoting investments in the manufacturing sector are anticipated to drive industry growth over the forecast period.
The European market was valued at USD X million in 2017 and is projected to witness steady growth over the forecast period owing high consumption volumes of heat exchangers used for water treatment applications across various end-use industries including chemicals & petrochemicals, power generation etc., especially in countries such as Russia and France which have a long coastline facing seawater thereby driving product demand majorly during cold season months (i.e., January & February).
North America occupied a significant share of global shell.
Growth Factors:
- Increasing demand for shell and tube heat exchanger elements from the oil & gas and petrochemical industries due to the growth in these industries.
- Growing demand for energy efficient shell and tube heat exchanger elements in various end-use applications.
- Rising investments in infrastructure development projects, which is expected to drive the demand for shell and tube heat exchangers over the next few years.
- Technological advancements in manufacturing processes of shell and tube heat exchangers that are resulting in improved performance, efficiency, and reliability of these products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Shell and Tube Heat Exchanger Elements Market Research Report
By Type
U-tube Heat Exchanger, Straight Tube Heat Exchanger
By Application
Chemical Industry, Pharmaceutical Industry, Plastics Industry, Others
By Companies
Alfa Laval, Kelvion, IES Group, FUNKE Warmeaustauscher, Antumec, Sacome, G HWA Industries, Haarslev, Southgate, Xylem
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
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Shell and Tube Heat Exchanger Elements Market Report Segments:
The global Shell and Tube Heat Exchanger Elements market is segmented on the basis of:
Types
U-tube Heat Exchanger, Straight Tube Heat Exchanger
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
Chemical Industry, Pharmaceutical Industry, Plastics 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:
- Alfa Laval
- Kelvion
- IES Group
- FUNKE Warmeaustauscher
- Antumec
- Sacome
- G HWA Industries
- Haarslev
- Southgate
- Xylem
Highlights of The Shell and Tube Heat Exchanger Elements 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:
- U-tube Heat Exchanger
- Straight Tube Heat Exchanger
- By Application:
- Chemical Industry
- Pharmaceutical Industry
- Plastics 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 Shell and Tube Heat Exchanger Elements 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?
Shell and tube heat exchanger elements are used in industrial processes to transfer thermal energy between two fluids. The element is made of a metal shell or tube that is heated by the hot fluid, and then the cold fluid flows through it to reach its destination.
Some of the key players operating in the shell and tube heat exchanger elements market are Alfa Laval, Kelvion, IES Group, FUNKE Warmeaustauscher, Antumec, Sacome, G HWA Industries, Haarslev, Southgate, Xylem.
The shell and tube heat exchanger elements 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 Shell and Tube Heat Exchanger Elements 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 Shell and Tube Heat Exchanger Elements Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Shell and Tube Heat Exchanger Elements 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 Shell and Tube Heat Exchanger Elements 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 Shell and Tube Heat Exchanger Elements Market Size & Forecast, 2020-2028
4.5.1 Shell and Tube Heat Exchanger Elements Market Size and Y-o-Y Growth
4.5.2 Shell and Tube Heat Exchanger Elements 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 U-tube Heat Exchanger
5.2.2 Straight Tube Heat Exchanger
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 Chemical Industry
6.2.2 Pharmaceutical Industry
6.2.3 Plastics Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Shell and Tube Heat Exchanger Elements 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 Shell and Tube Heat Exchanger Elements 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 U-tube Heat Exchanger
9.6.2 Straight Tube Heat Exchanger
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 Chemical Industry
9.10.2 Pharmaceutical Industry
9.10.3 Plastics Industry
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 U-tube Heat Exchanger
10.6.2 Straight Tube Heat Exchanger
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 Chemical Industry
10.10.2 Pharmaceutical Industry
10.10.3 Plastics Industry
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 U-tube Heat Exchanger
11.6.2 Straight Tube Heat Exchanger
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 Chemical Industry
11.10.2 Pharmaceutical Industry
11.10.3 Plastics Industry
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 U-tube Heat Exchanger
12.6.2 Straight Tube Heat Exchanger
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 Chemical Industry
12.10.2 Pharmaceutical Industry
12.10.3 Plastics Industry
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 U-tube Heat Exchanger
13.6.2 Straight Tube Heat Exchanger
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 Chemical Industry
13.10.2 Pharmaceutical Industry
13.10.3 Plastics Industry
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 Shell and Tube Heat Exchanger Elements Market: Competitive Dashboard
14.2 Global Shell and Tube Heat Exchanger Elements 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 IES Group
14.3.4 FUNKE Warmeaustauscher
14.3.5 Antumec
14.3.6 Sacome
14.3.7 G HWA Industries
14.3.8 Haarslev
14.3.9 Southgate
14.3.10 Xylem
