The global plate and frame heat exchangers market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market can be attributed to the increasing demand for energy efficient equipment in various industries such as chemical, oil & gas, petrochemical, HVACR, food & beverage and pulp & paper. The increasing demand for energy efficient equipment in these industries is due to the rising cost of electricity and natural gas prices globally.
Brazed Plate & Frame Heat Exchangers accounted for the largest share of this market in 2017 owing to their low cost and high efficiency levels when compared with other types of plate and frame heat exchangers. Gasketed Plate & Frame Heat Exchangers are expected to grow at a CAGR of 5% during the forecast period owing to their high efficiency levels when compared with other types of plate and frame heat exchangers such as brazed plate & frame heat exchangers or welded plate & frame heat exchangers which have lower efficiency levels than gasketed plate & frame heat exchanger type products.
Some Of The Growth Factors Of This Market:
- The increasing demand for energy efficient equipment is driving the growth of the Plate & Frame Heat Exchangers market.
- The need to reduce carbon emissions is also driving the growth of this market.
- Increasing industrialization and urbanization in developing countries such as China, India, and Brazil are also driving the growth of this market.
- Increasing use of renewable energy sources such as solar power is also driving the growth of this market because Plate & Frame Heat Exchangers are used in solar thermal systems to transfer heat from a fluid to a working fluid that can be used for heating or cooling purposes or for generating electricity by means of steam turbines or gas turbines respectively.
- The increasing demand for clean water is also driving the growth of this market because Plate & Frame Heat Exchangers are used in desalination plants.
Industry Growth Insights published a new data on “Plate & Frame Heat Exchangers Market”. The research report is titled “Plate & Frame Heat Exchangers Market research by Types (Brazed Plate & Frame Heat Exchangers, Gasketed Plate & Frame Heat Exchangers, Welded Plate & Frame Heat Exchangers), By Applications (Chemical, Oil & Gas, Petrochemical, HVACR, Food & Beverage, Pulp & Paper, Power Generation), By Players/Companies Danfoss, GEA Group, SPX Corporation, Alfa Laval, Xylem, Hisaka Works, API Heat Transfer, Guntner, Hrs Heat Exchangers, Swep International”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Plate & Frame Heat Exchangers Market Research Report
By Type
Brazed Plate & Frame Heat Exchangers, Gasketed Plate & Frame Heat Exchangers, Welded Plate & Frame Heat Exchangers
By Application
Chemical, Oil & Gas, Petrochemical, HVACR, Food & Beverage, Pulp & Paper, Power Generation
By Companies
Danfoss, GEA Group, SPX Corporation, Alfa Laval, Xylem, Hisaka Works, API Heat Transfer, Guntner, Hrs Heat Exchangers, Swep International
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Plate & Frame Heat Exchangers Market Report Segments:
The global Plate & Frame Heat Exchangers market is segmented on the basis of:
Types
Brazed Plate & Frame Heat Exchangers, Gasketed Plate & Frame Heat Exchangers, Welded Plate & Frame Heat Exchangers
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, Oil & Gas, Petrochemical, HVACR, Food & Beverage, Pulp & Paper, Power Generation
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:
- Danfoss
- GEA Group
- SPX Corporation
- Alfa Laval
- Xylem
- Hisaka Works
- API Heat Transfer
- Guntner
- Hrs Heat Exchangers
- Swep International
Highlights of The Plate & Frame 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:
- Brazed Plate & Frame Heat Exchangers
- Gasketed Plate & Frame Heat Exchangers
- Welded Plate & Frame Heat Exchangers
- By Application:
- Chemical
- Oil & Gas
- Petrochemical
- HVACR
- Food & Beverage
- Pulp & Paper
- Power Generation
- 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 Plate & Frame 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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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 plate & frame heat exchanger is a type of heat exchanger that uses metal plates to transfer thermal energy between two fluids. The metal plates are held in place by frames, which allow the plates to move freely. This type of heat exchanger is often used in industrial applications, such as manufacturing plants and oil refineries.
Some of the major players in the plate & frame heat exchangers market are Danfoss, GEA Group, SPX Corporation, Alfa Laval, Xylem, Hisaka Works, API Heat Transfer, Guntner, Hrs Heat Exchangers, Swep International.
The plate & frame heat exchangers market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Plate & Frame 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. Plate & Frame 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. Plate & Frame Heat Exchangers Market - Supply Chain
4.5. Global Plate & Frame Heat Exchangers Market Forecast
4.5.1. Plate & Frame Heat Exchangers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Plate & Frame Heat Exchangers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Plate & Frame Heat Exchangers Market Absolute $ Opportunity
5. Global Plate & Frame 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. Plate & Frame Heat Exchangers Market Size and Volume Forecast by Type
5.3.1. Brazed Plate & Frame Heat Exchangers
5.3.2. Gasketed Plate & Frame Heat Exchangers
5.3.3. Welded Plate & Frame Heat Exchangers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Plate & Frame 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. Plate & Frame Heat Exchangers Market Size and Volume Forecast by Application
6.3.1. Chemical
6.3.2. Oil & Gas
6.3.3. Petrochemical
6.3.4. HVACR
6.3.5. Food & Beverage
6.3.6. Pulp & Paper
6.3.7. Power Generation
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Plate & Frame 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. Plate & Frame 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 Plate & Frame 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. Plate & Frame 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 Plate & Frame Heat Exchangers Demand Share Forecast, 2019-2029
9. North America Plate & Frame 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 Plate & Frame 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 Plate & Frame Heat Exchangers Market Size and Volume Forecast by Application
9.4.1. Chemical
9.4.2. Oil & Gas
9.4.3. Petrochemical
9.4.4. HVACR
9.4.5. Food & Beverage
9.4.6. Pulp & Paper
9.4.7. Power Generation
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Plate & Frame Heat Exchangers Market Size and Volume Forecast by Type
9.7.1. Brazed Plate & Frame Heat Exchangers
9.7.2. Gasketed Plate & Frame Heat Exchangers
9.7.3. Welded Plate & Frame Heat Exchangers
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 Plate & Frame Heat Exchangers Demand Share Forecast, 2019-2029
10. Latin America Plate & Frame 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 Plate & Frame 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 Plate & Frame Heat Exchangers Market Size and Volume Forecast by Application
10.4.1. Chemical
10.4.2. Oil & Gas
10.4.3. Petrochemical
10.4.4. HVACR
10.4.5. Food & Beverage
10.4.6. Pulp & Paper
10.4.7. Power Generation
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Plate & Frame Heat Exchangers Market Size and Volume Forecast by Type
10.7.1. Brazed Plate & Frame Heat Exchangers
10.7.2. Gasketed Plate & Frame Heat Exchangers
10.7.3. Welded Plate & Frame Heat Exchangers
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 Plate & Frame Heat Exchangers Demand Share Forecast, 2019-2029
11. Europe Plate & Frame 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 Plate & Frame 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 Plate & Frame Heat Exchangers Market Size and Volume Forecast by Application
11.4.1. Chemical
11.4.2. Oil & Gas
11.4.3. Petrochemical
11.4.4. HVACR
11.4.5. Food & Beverage
11.4.6. Pulp & Paper
11.4.7. Power Generation
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Plate & Frame Heat Exchangers Market Size and Volume Forecas by Type
11.7.1. Brazed Plate & Frame Heat Exchangers
11.7.2. Gasketed Plate & Frame Heat Exchangers
11.7.3. Welded Plate & Frame Heat Exchangers
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 Plate & Frame Heat Exchangers Demand Share, 2019-2029
12. Asia Pacific Plate & Frame 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 Plate & Frame 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 Plate & Frame Heat Exchangers Market Size and Volume Forecast by Application
12.4.1. Chemical
12.4.2. Oil & Gas
12.4.3. Petrochemical
12.4.4. HVACR
12.4.5. Food & Beverage
12.4.6. Pulp & Paper
12.4.7. Power Generation
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Plate & Frame Heat Exchangers Market Size and Volume Forecast by Type
12.7.1. Brazed Plate & Frame Heat Exchangers
12.7.2. Gasketed Plate & Frame Heat Exchangers
12.7.3. Welded Plate & Frame Heat Exchangers
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 Plate & Frame Heat Exchangers Demand Share, 2019-2029
13. Middle East & Africa Plate & Frame 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 Plate & Frame 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 Plate & Frame Heat Exchangers Market Size and Volume Forecast by Application
13.4.1. Chemical
13.4.2. Oil & Gas
13.4.3. Petrochemical
13.4.4. HVACR
13.4.5. Food & Beverage
13.4.6. Pulp & Paper
13.4.7. Power Generation
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Plate & Frame Heat Exchangers Market Size and Volume Forecast by Type
13.7.1. Brazed Plate & Frame Heat Exchangers
13.7.2. Gasketed Plate & Frame Heat Exchangers
13.7.3. Welded Plate & Frame Heat Exchangers
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 Plate & Frame Heat Exchangers Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Plate & Frame Heat Exchangers Market: Market Share Analysis
14.2. Plate & Frame Heat Exchangers Distributors and Customers
14.3. Plate & Frame Heat Exchangers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Danfoss
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GEA Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SPX Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Alfa Laval
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Xylem
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hisaka Works
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. API Heat Transfer
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Guntner
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hrs Heat Exchangers
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Swep International
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
