Market Overview:
The global water cooling reactor 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 water cooling reactors from various end-use industries, such as wind power, industrial equipment, and others. In addition, the growing demand for nuclear energy is also fueling the growth of the global water cooling reactor market. The plate water cooling reactor segment is expected to dominate the global water cooling reactor market during the forecast period. This segment is projected to grow at a CAGR of 5.8% from 2018 to 2030 due to its high efficiency and low maintenance cost as compared with other types of reactors available in this market.
Product Definition:
A water cooling reactor is a nuclear reactor in which the primary coolant is water. It is used to transfer heat from the core of the reactor to another system, such as a steam turbine. The importance of water cooling reactors is that they are able to use less expensive materials for construction, and they are easier to operate and maintain than other types of nuclear reactors.
Plate Water Cooling Reactor:
Water cooling reactors are used to remove heat from a water-based process. They are mainly used in the petrochemical industry for cooling and sterilization of feedstock, intermediate, and final products. The product is an integral part of thermal processing units that comprise boilers, coolers or reactors along with pressure recovery systems.
Tube Water Cooling Reactor:
The tube water cooling reactor is a heat exchanger used to cool the water in nuclear power plants. It is an open circuit with a copper or aluminum tube through which coolant (water) passes. The purpose of this device is to remove thermal energy from the feed water before it reaches the reactors core.
Application Insights:
The industrial equipment segment dominated the global water cooling reactor market in terms of revenue share in 2017. The growth can be attributed to increasing demand for metalworking fluids, which are used as coolants and lubricants by various industries such as oil & gas, chemical, petrochemical and power generation. In addition, the growing manufacturing sector across various end-use industries is expected to augment product demand over the forecast period.
The other application segment includes applications such as wind power plants and desalination plants among others. Water is used for generating electricity through windmills owing to its ability to turn turbines at low rotational speeds that produce high electrical output compared with conventional fossil-fueled turbines. Furthermore, it is also being utilized in desalination plants where it acts as a coolant during thermal processing of seawater using solar energy or concentrated solar rays (CSP).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for industrial equipment and nuclear power in countries, such as China, India, South Korea, Japan and Australia. In addition, rising awareness regarding global water cooling reactors market is propelling new installations of these systems in various applications across Asia Pacific region.
The Middle East & Africa region accounted for a significant share owing to large scale investments made by Saudi Arabia in building new nuclear power plants with water cooling reactors technology.
Growth Factors:
- Increasing demand for clean and safe water for drinking, irrigation, and other industrial applications is driving the growth of the water cooling reactor market.
- Rising concerns over global warming and climate change are prompting governments to adopt stringent regulations on carbon emissions, which is benefiting the water cooling reactor market.
- The increasing popularity of nuclear power as a source of energy is fueling the growth of the water cooling reactor market.
- Growing investments in nuclear power plants are providing a boost to the demand for water cooling reactors across the globe. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Water Cooling Reactor Market Research Report
By Type
Plate Water Cooling Reactor, Tube Water Cooling Reactor
By Application
Wind Power, Industrial Equipment, Other
By Companies
Eagtop, Hitachi ABB Power Grids, Jinpan Technology, InducTek Power Electronics, Mangoldt, Magnetic Specialties, Inc
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
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Water Cooling Reactor Market Report Segments:
The global Water Cooling Reactor market is segmented on the basis of:
Types
Plate Water Cooling Reactor, Tube Water Cooling Reactor
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
Wind Power, Industrial Equipment, Other
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:
- Eagtop
- Hitachi ABB Power Grids
- Jinpan Technology
- InducTek Power Electronics
- Mangoldt
- Magnetic Specialties, Inc
Highlights of The Water Cooling Reactor 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:
- Plate Water Cooling Reactor
- Tube Water Cooling Reactor
- By Application:
- Wind Power
- Industrial Equipment
- Other
- 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 Water Cooling Reactor 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 water cooling reactor is a device used to cool down liquid or gas by using the natural convection of water.
Some of the major companies in the water cooling reactor market are Eagtop, Hitachi ABB Power Grids, Jinpan Technology, InducTek Power Electronics, Mangoldt, Magnetic Specialties, Inc.
The water cooling reactor 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 Water Cooling Reactor 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 Water Cooling Reactor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Water Cooling Reactor 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 Water Cooling Reactor 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 Water Cooling Reactor Market Size & Forecast, 2020-2028
4.5.1 Water Cooling Reactor Market Size and Y-o-Y Growth
4.5.2 Water Cooling Reactor 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 Plate Water Cooling Reactor
5.2.2 Tube Water Cooling Reactor
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 Wind Power
6.2.2 Industrial Equipment
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Water Cooling Reactor 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 Water Cooling Reactor 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 Plate Water Cooling Reactor
9.6.2 Tube Water Cooling Reactor
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 Wind Power
9.10.2 Industrial Equipment
9.10.3 Other
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 Plate Water Cooling Reactor
10.6.2 Tube Water Cooling Reactor
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 Wind Power
10.10.2 Industrial Equipment
10.10.3 Other
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 Plate Water Cooling Reactor
11.6.2 Tube Water Cooling Reactor
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 Wind Power
11.10.2 Industrial Equipment
11.10.3 Other
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 Plate Water Cooling Reactor
12.6.2 Tube Water Cooling Reactor
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 Wind Power
12.10.2 Industrial Equipment
12.10.3 Other
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 Plate Water Cooling Reactor
13.6.2 Tube Water Cooling Reactor
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 Wind Power
13.10.2 Industrial Equipment
13.10.3 Other
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 Water Cooling Reactor Market: Competitive Dashboard
14.2 Global Water Cooling Reactor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eagtop
14.3.2 Hitachi ABB Power Grids
14.3.3 Jinpan Technology
14.3.4 InducTek Power Electronics
14.3.5 Mangoldt
14.3.6 Magnetic Specialties, Inc
