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Date Submitted: 07/01/2015 11:51 PM
Transparency Market
Research
Heat Exchangers Market - Global Industry Analysis, Market Size, Share,
Growth, Trends and Forecast 2014 - 2020
Published Date
2015-01-02
82 Page Report
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Press Release
Global Heat Exchangers Market is Expected to Reach USD 18
Billion by 2020 in terms of Revenue
Transparency Market Research
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Heat Exchangers Market
REPORT DESCRIPTION
Transparency Market Research has released a new market report, According to the report, the global heat exchanger
market revenue was valued at USD 11.86 Billion in 2013 and is expected to reach USD 18.04 Billion by 2020, at a CAGR
of 6.02% from 2013 through 2020.
Maximizing thermal efficiency is the primary reason behind an increased demand for heat exchangers. A heat exchanger
is a piece of equipment designed and built for efficient heat transfer from one medium to another. The media may be
separated by a solid wall to prevent mixing or they may be in direct contact with the materials being processed, which
could harm the end product. These equipments are widely used for space heating, refrigeration, air conditioning, in power
plants, chemical plants, petrochemical plants, petroleum refineries, natural gas processing plants, and sewage treatment
plants. The common example of a heat exchanger is found in an internal combustion engine, in which a circulating fluid
known as engine coolant flows through radiator coils and air flows past the coils, cooling the coolant and releasing the
heat generated by the engine, into open air.
Browse the full Heat Exchangers Market report at http://www.transparencymarketresearch.com/heat-exchangermarket.html
Rapid growth in power consumption from the industrial sector is further contributing to the rapid pace of growth for the
heat exchanger market....