MISTRAS announced the acquisition of Condenser & Chiller Services Inc. (CCS). CCS is a nondestructive testing (NDT) inspection and complete heat exchanger service provider for commercial and industrial cooling and air conditioning applications. CCS subsidiary, California Finned Tube Company (Cal-Fin), a manufacturer and vendor of heat exchanger tubes, was included as part of the acquisition.
The function of coils in heating and cooling systems is to transfer heat from one medium to another, either extracting heat from a building and expelling it outside or vice versa. Depending on the application, different technologies are available to ensure thermal energy is transferred as efficiently and cost-effectively as possible.
Modern process improves performance, reduces waste
April 18, 2016
The University of Maryland, through a partnership with 3D Systems and the U.S. Department of Energy’s (DOE’s) Building Technologies Office, has used 3D printing to prototype a new heat exchanger. The product weighs 20 percent less, is 20 percent more efficient, and can be manufactured much quicker, compared to current designs.
The chemical segment is the largest application area for heat exchangers
April 12, 2016
The global market for heat exchangers is forecast to grow from $12.94 billion in 2016 to $19.14 billion by 2021, growing at a compound annual growth rate (CAGR) of 8.2 percent, according to a report published by MarketsandMarkets.
Asia-Pacific is currently the largest market; U.S. is the largest market in North America
February 16, 2016
The global shell and tube heat exchangers market is forecast to grow from $5.29 billion in 2015 to $7.05 billion by 2020, at a compound annual growth rate (CAGR) of 4.98 percent, according to a new report published by MarketsandMarkets.
The global heat exchangers market was valued at $14.1 billion in 2014, and it is forecast to grow at a compound annual growth rate (CAGR) of 6.5 percent from 2015 to 2020, according to a report from P&S Market Research.
The North American heat exchangers market was valued at $4 billion in 2014 and is estimated to reach $5.5 billion by 2019, growing at a compound annual growth rate (CAGR) of 6.4 percent from 2014 to 2019, according to a report from MicroMarket Monitor.
Distributor has 14 field sales engineers working with customers’ plants in a range of industries
November 25, 2015
Enerquip, a designer and fabricator of stainless steel and high alloy shell and tube heat exchangers, has added Affiliated Steam & Hot Water to its team of distributors and manufacturer representatives to meet its plans for continued growth.