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.
Europe Is the Biggest Market; Asia-Pacific Is the Fastest Growing Market
June 5, 2015
The global plate and frame heat exchangers market is forecast to reach $5.5 billion by 2020, representing an annualized growth rate of 9.3 percent from 2015 to 2020, according to a new market research report published by MarketsandMarkets.
Heat Exchangers Are Used in a Range of Applications
May 13, 2015
The global market for heat exchangers is projected to reach $24.3 billion by 2020, driven by recent innovations in energy efficient heat exchangers, according to a new report by Global Industry Analysts Inc.
Koch Said This Acquisition Will Allow It to Expand into Additional Markets
April 14, 2015
Koch Heat Transfer Co. LP, a subsidiary of Koch Chemical Technology Group LLC, has purchased the Alco, Alco-Twin, and Bos-Hatten brands of heat exchangers from Peerless Mfg. Co., a subsidiary of PMFG Inc.
Project to Explore New Materials for Heat Exchangers
February 19, 2015
United Technologies Research Center (UTRC) has been awarded a one-year $744,154 contract by the U.S. Department of Energy’s (DOE’s) Office of Energy Efficiency and Renewable Energy (EERE) to develop a database of materials for the manufacture of high-performance industrial and commercial non-metallic heat exchangers.
Creates More Comprehensive Coverage for Air-Handling Units, Liquid-to-Liquid Heat Exchangers
December 12, 2014
The Air-Conditioning, Heating, and Refrigeration Institute (AHRI) has announced two new certification programs: Central Station Air-handling Unit Casings (AHUC) and Liquid-to-Liquid Brazed & Fusion Bonded Plate Heat Exchangers (LLBF).