DALLAS — The global heat exchanger market will be worth $19.5 Billion by 2018, according to research released by M&M, a global market research and consulting company based in Dallas. In a summary of its new "Heat Exchanger Market by Types, Applications, Classifications, and Geography - Forecasts to 2018,” the company notes that the heat exchanger market has been witnessing multiple developments over the past few years.
“The heat exchanger is preferred and widely accepted equipment due to its green and energy efficient properties and the focus of various regulatory bodies to reduce the amount of green house gases for meeting the future sustainability,” stated the summary. “Heat exchanger consumption has grown significantly in recent times and is at an emerging stage in various countries.”