Global Shell and Tube 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 from USD 2.6 billion in 2018. The market is driven by the increasing demand for heat exchangers in various industries such as chemicals, petrochemicals and oil & gas, HVAC & refrigeration, food & beverages, pulp & paper and power generation due to their high efficiency and low maintenance cost.
The L type segment accounted for the largest share of the global shell and tube heat exchanger market in 2018 owing to its wide application across various industries such as chemicals, petrochemicals and oil & gas, HVAC & refrigeration, food & beverages, pulp & paper and power generation. The M type segment is expected to grow at a higher CAGR during the forecast period owing to its wide application across various industries such as chemicals, petrochemicals and oil&gas industry which are witnessing an increase in demand for heat exchangers due to their high efficiency levels coupled with low maintenance cost.
Some Of The Growth Factors Of This Market:
- The Shell and Tube Heat Exchangers market is driven by the need for efficient heat transfer in industrial processes.
Industry Growth Insights published a new data on “Shell and Tube Heat Exchangers Market”. The research report is titled “Shell and Tube Heat Exchangers Market research by Types (L Type, M Type, N Type, E Type), By Applications (Chemicals, Petrochemicals and Oil & Gas, HVAC & Refrigeration, Food & Beverages, Pulp & Paper, Power Generation), By Players/Companies Alfa Laval, API Heat Transfer Inc, Tranter, Balcke-Durr, Barriquand Technologies Thermiques, Brask Inc, Xylem, Chicago Bridge & Iron Company, Enerfin, EJ Bowman, GEA Heat Exchangers Group, Hamon Group, Harsco Industrial Air-X-Changers, HISAKA, Hrs Heat Exchangers Ltd, Hughes Anderson Heat Exchangers Inc, Kelvion Holdings GmbH, Koch Heat Transfer Co, Manning and Lewis, Sondex, Southern Heat Exchanger Corp, SmartHeat, SPX Heat Transfer, SPX Cooling Technologies, Vahterus”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Shell and Tube Heat Exchangers Market Research Report
By Type
L Type, M Type, N Type, E Type
By Application
Chemicals, Petrochemicals and Oil & Gas, HVAC & Refrigeration, Food & Beverages, Pulp & Paper, Power Generation
By Companies
Alfa Laval, API Heat Transfer Inc, Tranter, Balcke-Durr, Barriquand Technologies Thermiques, Brask Inc, Xylem, Chicago Bridge & Iron Company, Enerfin, EJ Bowman, GEA Heat Exchangers Group, Hamon Group, Harsco Industrial Air-X-Changers, HISAKA, Hrs Heat Exchangers Ltd, Hughes Anderson Heat Exchangers Inc, Kelvion Holdings GmbH, Koch Heat Transfer Co, Manning and Lewis, Sondex, Southern Heat Exchanger Corp, SmartHeat, SPX Heat Transfer, SPX Cooling Technologies, Vahterus
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Shell and Tube Heat Exchangers Market Report Segments:
The global Shell and Tube Heat Exchangers market is segmented on the basis of:
Types
L Type, M Type, N Type, E Type
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
Chemicals, Petrochemicals and Oil & Gas, HVAC & Refrigeration, Food & Beverages, 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:
- Alfa Laval
- API Heat Transfer Inc
- Tranter
- Balcke-Durr
- Barriquand Technologies Thermiques
- Brask Inc
- Xylem
- Chicago Bridge & Iron Company
- Enerfin
- EJ Bowman
- GEA Heat Exchangers Group
- Hamon Group
- Harsco Industrial Air-X-Changers
- HISAKA
- Hrs Heat Exchangers Ltd
- Hughes Anderson Heat Exchangers Inc
- Kelvion Holdings GmbH
- Koch Heat Transfer Co
- Manning and Lewis
- Sondex
- Southern Heat Exchanger Corp
- SmartHeat
- SPX Heat Transfer
- SPX Cooling Technologies
- Vahterus
Highlights of The Shell and 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:
- L Type
- M Type
- N Type
- E Type
- By Application:
- Chemicals
- Petrochemicals and Oil & Gas
- HVAC & Refrigeration
- Food & Beverages
- 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 Shell and 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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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 exchangers are used to transfer thermal energy between two fluids. The fluid in the shell is heated by the hot fluid in the tube, and then transferred through the shell to the cold fluid in the tube.
Some of the major players in the shell and tube heat exchangers market are Alfa Laval, API Heat Transfer Inc, Tranter, Balcke-Durr, Barriquand Technologies Thermiques, Brask Inc, Xylem, Chicago Bridge & Iron Company, Enerfin, EJ Bowman, GEA Heat Exchangers Group, Hamon Group, Harsco Industrial Air-X-Changers, HISAKA, Hrs Heat Exchangers Ltd, Hughes Anderson Heat Exchangers Inc, Kelvion Holdings GmbH, Koch Heat Transfer Co, Manning and Lewis, Sondex, Southern Heat Exchanger Corp, SmartHeat, SPX Heat Transfer, SPX Cooling Technologies, Vahterus.
The shell and tube heat exchangers market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Shell and 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. Shell and 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. Shell and Tube Heat Exchangers Market - Supply Chain
4.5. Global Shell and Tube Heat Exchangers Market Forecast
4.5.1. Shell and Tube Heat Exchangers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Shell and Tube Heat Exchangers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Shell and Tube Heat Exchangers Market Absolute $ Opportunity
5. Global Shell and 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. Shell and Tube Heat Exchangers Market Size and Volume Forecast by Type
5.3.1. L Type
5.3.2. M Type
5.3.3. N Type
5.3.4. E Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Shell and 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. Shell and Tube Heat Exchangers Market Size and Volume Forecast by Application
6.3.1. Chemicals
6.3.2. Petrochemicals and Oil & Gas
6.3.3. HVAC & Refrigeration
6.3.4. Food & Beverages
6.3.5. Pulp & Paper
6.3.6. Power Generation
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Shell and 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. Shell and 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 Shell and 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. Shell and 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 Shell and Tube Heat Exchangers Demand Share Forecast, 2019-2026
9. North America Shell and 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 Shell and 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 Shell and Tube Heat Exchangers Market Size and Volume Forecast by Application
9.4.1. Chemicals
9.4.2. Petrochemicals and Oil & Gas
9.4.3. HVAC & Refrigeration
9.4.4. Food & Beverages
9.4.5. Pulp & Paper
9.4.6. Power Generation
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Shell and Tube Heat Exchangers Market Size and Volume Forecast by Type
9.7.1. L Type
9.7.2. M Type
9.7.3. N Type
9.7.4. E Type
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 Shell and Tube Heat Exchangers Demand Share Forecast, 2019-2026
10. Latin America Shell and 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 Shell and 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 Shell and Tube Heat Exchangers Market Size and Volume Forecast by Application
10.4.1. Chemicals
10.4.2. Petrochemicals and Oil & Gas
10.4.3. HVAC & Refrigeration
10.4.4. Food & Beverages
10.4.5. Pulp & Paper
10.4.6. Power Generation
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Shell and Tube Heat Exchangers Market Size and Volume Forecast by Type
10.7.1. L Type
10.7.2. M Type
10.7.3. N Type
10.7.4. E Type
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 Shell and Tube Heat Exchangers Demand Share Forecast, 2019-2026
11. Europe Shell and 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 Shell and 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 Shell and Tube Heat Exchangers Market Size and Volume Forecast by Application
11.4.1. Chemicals
11.4.2. Petrochemicals and Oil & Gas
11.4.3. HVAC & Refrigeration
11.4.4. Food & Beverages
11.4.5. Pulp & Paper
11.4.6. Power Generation
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Shell and Tube Heat Exchangers Market Size and Volume Forecast by Type
11.7.1. L Type
11.7.2.M Type
11.7.3. N Type
11.7.4. E Type
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 Shell and Tube Heat Exchangers Demand Share, 2019-2026
12. Asia Pacific Shell and 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 Shell and 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 Shell and Tube Heat Exchangers Market Size and Volume Forecast by Application
12.4.1. Chemicals
12.4.2. Petrochemicals and Oil & Gas
12.4.3. HVAC & Refrigeration
12.4.4. Food & Beverages
12.4.5. Pulp & Paper
12.4.6. Power Generation
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Shell and Tube Heat Exchangers Market Size and Volume Forecast by Type
12.7.1. L Type
12.7.2. M Type
12.7.3. N Type
12.7.4. E Type
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 Shell and Tube Heat Exchangers Demand Share, 2019-2026
13. Middle East & Africa Shell and 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 Shell and 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 Shell and Tube Heat Exchangers Market Size and Volume Forecast by Application
13.4.1. Chemicals
13.4.2. Petrochemicals and Oil & Gas
13.4.3. HVAC & Refrigeration
13.4.4. Food & Beverages
13.4.5. Pulp & Paper
13.4.6. 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 Shell and Tube Heat Exchangers Market Size and Volume Forecast by Type
13.7.1. L Type
13.7.2. M Type
13.7.3. N Type
13.7.4. E Type
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 Shell and Tube Heat Exchangers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Shell and Tube Heat Exchangers Market: Market Share Analysis
14.2. Shell and Tube Heat Exchangers Distributors and Customers
14.3. Shell and Tube Heat Exchangers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alfa Laval
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. API Heat Transfer Inc
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tranter
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Balcke-Durr
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Barriquand Technologies Thermiques
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Brask Inc
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Xylem
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Chicago Bridge & Iron Company
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Enerfin
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. EJ Bowman
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. GEA Heat Exchangers Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hamon Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Harsco Industrial Air-X-Changers
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. HISAKA
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Hrs Heat Exchangers Ltd
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Hughes Anderson Heat Exchangers Inc
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Kelvion Holdings GmbH
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Koch Heat Transfer Co
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Manning and Lewis
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Sondex
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
