Cooling Towers (Evaporative, Dry, Hybrid) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

The most common cooling towers worldwide are the open type. The most important factor bolstering the
demand for open cooling towers is their efficient, economical, and simple design. However, closed circuit
cooling towers enable minimum contamination and evaporation of water. This, in turn, reduces the overall
water loss in the cooling process. But, closed circuit cooling towers offer these features at the expense of
high cost. Hence, closed circuit cooling towers have seen limited adoption in applications where cost is
not a major constraint and in the regions with ample fresh water.
Based on the heat transfer method, cooling towers are classified into evaporative/wet, dry, and hybrid
types. The evaporative heat transfer method works on a principle analogous to perspiration. The circulating
warm water is first distributed on a fill pack and then cooled by blown air. During this process, a small
amount of water is evaporated, whereas the remaining water is collected at the cooling tower lower base.
This water is re-circulated in the system for cooling purposes. The dry cooling method uses the natural air
present in the atmosphere for cooling instead of water. Dry cooling towers do not require mid-heat
exchangers as required in closed circuit cooling towers. This cooling method is analogous to the function
of a radiator that uses the air in the atmosphere for cooling purposes. As a result of these features, dry
cooling towers involve less maintenance and has a higher average life expectancy. Hybrid cooling towers
have the advantages and disadvantages of both dry and wet cooling towers. They incorporate both the
evaporative and dry cooling units at the end-point of the closed or open circuit cooling towers. This enables
a reduction in the visible plume formed during evaporative cooling. Additionally, hybrid cooling towers
can save approximately over 50% of the water as compared to wet cooling towers. Consequently, hybrid
towers have seen wide adoption in recent times and are expected to drive the cooling towers market during
the forecast period.
This 128-page report gives readers a comprehensive overview of the Cooling Towers (Evaporative,
Dry and Hybrid) Market. Browse to unlock the hidden opportunities in this market@
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The research report on the cooling towers market provides a detailed analysis of types and heat transfer
methods used in these towers and helps in understanding the major driving forces of cooling towers in
different industries. It also provides analysis of the applications of cooling towers market for the next five
years. The report includes extensive analysis of the industry drivers, restraints, market trends and market
structure. The market study provides comprehensive assessment of stakeholder strategies and imperatives
for succeeding in the business. The report segregates cooling towers market based on heat transfer methods
used in cooling towers and different geographic regions. The report includes a detailed analysis of the
prevalent market situation, company profiles and industry trends of the cooling towers used across different
industrial and commercial applications.
The detailed value chain analysis helps the market competitors to formulate their business strategies at
every stage of their business. Moreover, the market estimates have been analyzed by keeping in mind the
several factors which affect the market including but not limited to technological, economical, social,
environmental and legal.
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