Market Overview:
Tube heat exchangers are used to transfer thermal energy between two fluids. The fluids can be either liquids or gases. The tube heat exchanger is a type of shell and tube heat exchanger. In a shell and tube heat exchanger, the tubes run through the inside of a cylindrical casing or shell. The fluid in the tubes exchanges thermal energy with the fluid in the shell. Tube Heat Exchangers Market is segmented on basis of Type (Hygienic Grade, Industrial Grade), By Application (Marine, Petrochemical, Power, Food & Beverage, Pharmaceuticals) and Region (North America, Latin America Europe Asia Pacific Middle East Africa). The growth of this market is mainly driven by increasing demand for efficient thermal management solutions across various industries such as marine , petrochemical , power generation , food & beverage etc . Additionally , stringent environmental regulations coupled with growing concerns over energy efficiency are also fuelling adoption of these products . However , high initial cost may restrain growth prospects for this market during forecast period .
Product Definition:
A tube in a tube heat exchanger is a metal tube used to transfer heat between two fluids. The importance of tubes in heat exchangers is that they are the component that transfers heat from one fluid to another.
Hygienic Grade:
Hygienic grade is a type of heat transfer media that is used in the tube-in-tube heat exchangers. It has applications in various industries such as petrochemical, chemical, food & beverage processing and power generation among others. The growth factor for this market is increasing demand from end-use industries due to its properties such as corrosion resistance and high thermal conductivity.
Industrial Grade:
Industrial grade is a special type of steel that has high carbon and low manganese content. It is used in heat exchangers mainly because it helps in achieving higher temperatures with less energy consumption. The material finds its major application in the petrochemical industry where it is used for manufacturing various products such as plastics, paints & coatings, adhesives & sealants, and rubber products among others.
Application Insights:
The food and beverage application segment led the global market in 2017. The demand for HTITs is expected to witness growth owing to rising awareness regarding environmental issues coupled with increasing government regulations concerning food safety. In addition, growing product demand for processing fruits and vegetables is also likely to contribute toward segment growth over the forecast period.
Petrochemical industry emerged as one of the major application areas in 2017, accounting for a share of 33% in terms of revenue that year. Growing need for upgrading or replacing existing plants along with ongoing projects pertaining to new plant construction has resulted in increased utilization of HTITs over recent 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 increasing demand for heat exchangers in power and industrial applications. The region is witnessing rapid economic growth, which has led to an increase in investments in various industries such as food & beverage, pharmaceuticals and others. This has resulted into increased demand for HTI products across the globe.
The Middle East & Africa was one of the largest regions accounting for over 25% of global revenue share in 2017 on account of large oil reserves present across countries such as Saudi Arabia and UAE’s petroleum sector plays a vital role in shaping economies worldwide by influencing government spending towards infrastructure development or military expenditure; thus affecting overall economic growth positively or negatively.
Growth Factors:
- Increasing demand for energy efficient systems in various industries
- Growing awareness about the benefits of using tube in tube heat exchangers
- Technological advancements that have led to the development of more efficient and compact systems
- Rising demand for miniaturized systems in a variety of applications
- Growing popularity of modular designs that allow for easy installation and replacement
Scope Of The Report
Report Attributes
Report Details
Report Title
Tube in Tube Heat Exchangers Market Research Report
By Type
Hygienic Grade, Industrial Grade
By Application
Marine, Petrochemical, Power, Food & Beverage, Pharmaceutical, Others
By Companies
Alfa Laval, SACOME, Exergy LLC, UK Exchangers Ltd, HRS Heat Exchangers, SECESPOL SP, SPX Flow, WINUS S.r.l., JBT Corporate, C.I. GROUP PUBLIC COMPANY LIMITED, Alfa Laval
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
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Tube in Tube Heat Exchangers Market Report Segments:
The global Tube in Tube Heat Exchangers market is segmented on the basis of:
Types
Hygienic Grade, Industrial Grade
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
Marine, Petrochemical, Power, Food & Beverage, Pharmaceutical, 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
- SACOME
- Exergy LLC
- UK Exchangers Ltd
- HRS Heat Exchangers
- SECESPOL SP
- SPX Flow
- WINUS S.r.l.
- JBT Corporate
- C.I. GROUP PUBLIC COMPANY LIMITED
- Alfa Laval
Highlights of The Tube in Tube 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:
- Hygienic Grade
- Industrial Grade
- By Application:
- Marine
- Petrochemical
- Power
- Food & Beverage
- Pharmaceutical
- 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 Tube in Tube 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?
Tube heat exchangers are used to transfer heat between two fluids. The tubes in a tube heat exchanger are made of metal or plastic and have small openings at the top and bottom. The fluid flows through the tubes, and as it does, it heats up. The hot fluid exits the top of the tube heat exchanger, while cold fluid enters from the bottom.
Some of the major companies in the tube in tube heat exchangers market are Alfa Laval, SACOME, Exergy LLC, UK Exchangers Ltd, HRS Heat Exchangers, SECESPOL SP, SPX Flow, WINUS S.r.l., JBT Corporate, C.I. GROUP PUBLIC COMPANY LIMITED, Alfa Laval.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Tube in Tube 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 Tube in Tube Heat Exchangers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tube in Tube 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 Tube in Tube 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 Tube in Tube Heat Exchangers Market Size & Forecast, 2018-2028
4.5.1 Tube in Tube Heat Exchangers Market Size and Y-o-Y Growth
4.5.2 Tube in Tube Heat Exchangers Market Absolute $ Opportunity
Chapter 5 Global Tube in Tube 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 Tube in Tube Heat Exchangers Market Size Forecast by Type
5.2.1 Hygienic Grade
5.2.2 Industrial Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Tube in Tube 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 Tube in Tube Heat Exchangers Market Size Forecast by Applications
6.2.1 Marine
6.2.2 Petrochemical
6.2.3 Power
6.2.4 Food & Beverage
6.2.5 Pharmaceutical
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tube in Tube 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 Tube in Tube 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 Tube in Tube Heat Exchangers Analysis and Forecast
9.1 Introduction
9.2 North America Tube in Tube 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 Tube in Tube Heat Exchangers Market Size Forecast by Type
9.6.1 Hygienic Grade
9.6.2 Industrial Grade
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 Tube in Tube Heat Exchangers Market Size Forecast by Applications
9.10.1 Marine
9.10.2 Petrochemical
9.10.3 Power
9.10.4 Food & Beverage
9.10.5 Pharmaceutical
9.10.6 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 Tube in Tube Heat Exchangers Analysis and Forecast
10.1 Introduction
10.2 Europe Tube in Tube 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 Tube in Tube Heat Exchangers Market Size Forecast by Type
10.6.1 Hygienic Grade
10.6.2 Industrial Grade
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 Tube in Tube Heat Exchangers Market Size Forecast by Applications
10.10.1 Marine
10.10.2 Petrochemical
10.10.3 Power
10.10.4 Food & Beverage
10.10.5 Pharmaceutical
10.10.6 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 Tube in Tube Heat Exchangers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Tube in Tube 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 Tube in Tube Heat Exchangers Market Size Forecast by Type
11.6.1 Hygienic Grade
11.6.2 Industrial Grade
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 Tube in Tube Heat Exchangers Market Size Forecast by Applications
11.10.1 Marine
11.10.2 Petrochemical
11.10.3 Power
11.10.4 Food & Beverage
11.10.5 Pharmaceutical
11.10.6 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 Tube in Tube Heat Exchangers Analysis and Forecast
12.1 Introduction
12.2 Latin America Tube in Tube 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 Tube in Tube Heat Exchangers Market Size Forecast by Type
12.6.1 Hygienic Grade
12.6.2 Industrial Grade
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 Tube in Tube Heat Exchangers Market Size Forecast by Applications
12.10.1 Marine
12.10.2 Petrochemical
12.10.3 Power
12.10.4 Food & Beverage
12.10.5 Pharmaceutical
12.10.6 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) Tube in Tube Heat Exchangers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Tube in Tube 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) Tube in Tube Heat Exchangers Market Size Forecast by Type
13.6.1 Hygienic Grade
13.6.2 Industrial Grade
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) Tube in Tube Heat Exchangers Market Size Forecast by Applications
13.10.1 Marine
13.10.2 Petrochemical
13.10.3 Power
13.10.4 Food & Beverage
13.10.5 Pharmaceutical
13.10.6 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 Tube in Tube Heat Exchangers Market: Competitive Dashboard
14.2 Global Tube in Tube Heat Exchangers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alfa Laval
14.3.2 SACOME
14.3.3 Exergy LLC
14.3.4 UK Exchangers Ltd
14.3.5 HRS Heat Exchangers
14.3.6 SECESPOL SP
14.3.7 SPX Flow
14.3.8 WINUS S.r.l.
14.3.9 JBT Corporate
14.3.10 C.I. GROUP PUBLIC COMPANY LIMITED
14.3.11 Alfa Laval
