Market Overview:
The global multi-tube heat exchangers 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 energy-efficient equipment across various industries and the growing need for compact and efficient heat exchangers. Based on type, the global multi-tube heat exchangers market can be segmented into liquid/liquid, liquid/gas, and gas/gas segments. The liquid/liquid segment is expected to hold the largest share of the global multi-tube heat exchanger market in 2018 owing to its high efficiency and wide range of applications across various industries. By application, the chemical industry is expected to account for a major share of the global multi-tube heat exchanger market in 2018 followed by food industry, central heating, papermaking industry, and electric power industry respectively.
Product Definition:
A multi-tube heat exchanger is a device used to transfer thermal energy between two or more fluids. Multi-tube heat exchangers are typically used in industrial applications to improve process efficiency and reduce energy costs. The importance of multi-tube heat exchangers lies in their ability to quickly and effectively transfer thermal energy between fluids, making them an essential component of many industrial processes.
Liquid/Liquid:
Liquid/Liquid is a special type of fluid, which is used in heat exchangers to separate solid from liquid. It has properties such as low viscosity and high thermal conductivity. The most important factor that differentiates it from the conventional fluids is its ability to maintain constant temperature throughout the process of transfer.
The global Multi-Tube Heat Exchanger market size was valued at USD 5,Fluid (USD) million in 2016.
Liquid/Gas:
The heat transfer process in multi-tube heat exchangers is carried out by two fluids, namely liquid and gas. The working medium in such exchangers is changed depending upon the phase change from liquid to gas or vice versa.
Application Insights:
The market is segmented on the basis of application into chemical industry, food industry, electric power industry, papermaking industry and others. The chemical and energy industries dominated the overall demand in 2017. These industries are characterized by high requirements for heat exchangers due to their stringent process conditions that require a constant temperature throughout the process. In addition, these industries also have high capital investments involved which increases product demand as equipment suppliers see higher margins in long term contracts than in short-term sales.
The electric power industry is anticipated to witness significant growth over the forecast period owing to its rising requirement for generating electricity from fossil fuels such as coal and gas using turbines coupled with an increase in renewable sources of energy such as wind.
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 investments in heat recovery systems are projected to drive the product demand over the forecast period.
The Asia Pacific was followed by Europe which accounted for 24% of total revenue share in 2017 owing to high energy consumption coupled with growing awareness regarding MTBEs benefits across several industries including food & beverage, chemical manufacturing, power generation etc. The Middle East & Africa is also anticipated to witness significant growth due its large oil & gas reserves that will help reduce overall expenditure on fuel bills thereby augmenting industry growth over the next eight years.
Growth Factors:
- Increasing demand for energy efficient systems in various industries
- Growing need to reduce greenhouse gas emissions and comply with environmental regulations
- Rising popularity of modular construction methods for heat exchangers
- Advances in thermal engineering that improve the performance of multi-tube heat exchangers
- Proliferation of data centers and other large-scale facilities that require reliable cooling
Scope Of The Report
Report Attributes
Report Details
Report Title
Multi-Tube Heat Exchangers Market Research Report
By Type
Liquid/Liquid, Liquid/Gas, Gas/Gas
By Application
Chemical Industry, Food Industry, Central Heating, Papermaking Industry, Electric Power Industry
By Companies
MBS s.r.l., DEWA Engineering, ECLIPSE, HRS Heat Exchangers, Huber Technology, Polytetra GmbH, Sacome, SGL GROUP
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Multi-Tube Heat Exchangers Market Report Segments:
The global Multi-Tube Heat Exchangers market is segmented on the basis of:
Types
Liquid/Liquid, Liquid/Gas, Gas/Gas
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, Food Industry, Central Heating, Papermaking Industry, Electric Power Industry
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:
- MBS s.r.l.
- DEWA Engineering
- ECLIPSE
- HRS Heat Exchangers
- Huber Technology
- Polytetra GmbH
- Sacome
- SGL GROUP
Highlights of The Multi-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:
- Liquid/Liquid
- Liquid/Gas
- Gas/Gas
- By Application:
- Chemical Industry
- Food Industry
- Central Heating
- Papermaking Industry
- Electric Power Industry
- 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 Multi-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.
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- Correctly Positioning New Products
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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?
Multi-Tube Heat Exchangers are a type of heat exchanger that uses multiple tubes to transfer heat between two fluids. This type of exchanger is often used in industrial settings to cool or heat liquids or gases.
Some of the major players in the multi-tube heat exchangers market are MBS s.r.l., DEWA Engineering, ECLIPSE, HRS Heat Exchangers, Huber Technology, Polytetra GmbH, Sacome, SGL GROUP.
The multi-tube heat exchangers market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Multi-Tube Heat Exchangers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Multi-Tube Heat Exchangers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Multi-Tube Heat Exchangers Market - Supply Chain
4.5. Global Multi-Tube Heat Exchangers Market Forecast
4.5.1. Multi-Tube Heat Exchangers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Multi-Tube Heat Exchangers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Multi-Tube Heat Exchangers Market Absolute $ Opportunity
5. Global Multi-Tube Heat Exchangers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Multi-Tube Heat Exchangers Market Size and Volume Forecast by Type
5.3.1. Liquid/Liquid
5.3.2. Liquid/Gas
5.3.3. Gas/Gas
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Multi-Tube Heat Exchangers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Multi-Tube Heat Exchangers Market Size and Volume Forecast by Application
6.3.1. Chemical Industry
6.3.2. Food Industry
6.3.3. Central Heating
6.3.4. Papermaking Industry
6.3.5. Electric Power Industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Multi-Tube Heat Exchangers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Multi-Tube Heat Exchangers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Multi-Tube Heat Exchangers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Multi-Tube Heat Exchangers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Multi-Tube Heat Exchangers Demand Share Forecast, 2019-2026
9. North America Multi-Tube Heat Exchangers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Multi-Tube Heat Exchangers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Multi-Tube Heat Exchangers Market Size and Volume Forecast by Application
9.4.1. Chemical Industry
9.4.2. Food Industry
9.4.3. Central Heating
9.4.4. Papermaking Industry
9.4.5. Electric Power Industry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Multi-Tube Heat Exchangers Market Size and Volume Forecast by Type
9.7.1. Liquid/Liquid
9.7.2. Liquid/Gas
9.7.3. Gas/Gas
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Multi-Tube Heat Exchangers Demand Share Forecast, 2019-2026
10. Latin America Multi-Tube Heat Exchangers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Multi-Tube Heat Exchangers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Multi-Tube Heat Exchangers Market Size and Volume Forecast by Application
10.4.1. Chemical Industry
10.4.2. Food Industry
10.4.3. Central Heating
10.4.4. Papermaking Industry
10.4.5. Electric Power Industry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Multi-Tube Heat Exchangers Market Size and Volume Forecast by Type
10.7.1. Liquid/Liquid
10.7.2. Liquid/Gas
10.7.3. Gas/Gas
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Multi-Tube Heat Exchangers Demand Share Forecast, 2019-2026
11. Europe Multi-Tube Heat Exchangers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Multi-Tube Heat Exchangers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Multi-Tube Heat Exchangers Market Size and Volume Forecast by Application
11.4.1. Chemical Industry
11.4.2. Food Industry
11.4.3. Central Heating
11.4.4. Papermaking Industry
11.4.5. Electric Power Industry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Multi-Tube Heat Exchangers Market Size and Volume Forecast by Type
11.7.1. Liquid/Liquid
11.7.2. Liquid/Gas
11.7.3. Gas/Gas
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Multi-Tube Heat Exchangers Demand Share, 2019-2026
12. Asia Pacific Multi-Tube Heat Exchangers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Multi-Tube Heat Exchangers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Multi-Tube Heat Exchangers Market Size and Volume Forecast by Application
12.4.1. Chemical Industry
12.4.2. Food Industry
12.4.3. Central Heating
12.4.4. Papermaking Industry
12.4.5. Electric Power Industry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Multi-Tube Heat Exchangers Market Size and Volume Forecast by Type
12.7.1. Liquid/Liquid
12.7.2. Liquid/Gas
12.7.3. Gas/Gas
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Multi-Tube Heat Exchangers Demand Share, 2019-2026
13. Middle East & Africa Multi-Tube Heat Exchangers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Multi-Tube Heat Exchangers Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Multi-Tube Heat Exchangers Market Size and Volume Forecast by Application
13.4.1. Chemical Industry
13.4.2. Food Industry
13.4.3. Central Heating
13.4.4. Papermaking Industry
13.4.5. Electric Power Industry
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Multi-Tube Heat Exchangers Market Size and Volume Forecast by Type
13.7.1. Liquid/Liquid
13.7.2. Liquid/Gas
13.7.3. Gas/Gas
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Multi-Tube Heat Exchangers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Multi-Tube Heat Exchangers Market: Market Share Analysis
14.2. Multi-Tube Heat Exchangers Distributors and Customers
14.3. Multi-Tube Heat Exchangers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. MBS s.r.l.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DEWA Engineering
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ECLIPSE
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. HRS Heat Exchangers
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Huber Technology
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Polytetra GmbH
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sacome
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SGL GROUP
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
