Heat Exchangers Market 2014 - 2020

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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

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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....