Welded Spiral Heat Exchangers Market Size Worth USD 1.8 Billion By 2025 - Million Insights
The global Welded Spiral Heat Exchanger Market size is estimated to attain USD 1.8 billion by 2025 and is projected to grow at a CAGR of 4.0% over the forecast period 2019 to 2025, according to a new report by Million Insights. Rising demand for heat exchangers from industries such as petroleum, chemical, food & beverage and others are expected to spur market growth.
The global Welded Spiral Heat Exchanger Market size is estimated to attain USD 1.8 billion by 2025 and is projected to grow at a CAGR of 4.0% over the forecast period 2019 to 2025, according to a new report by Million Insights. Rising demand for heat exchangers from industries such as petroleum, chemical, food & beverage and others are expected to spur market growth.
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Further key findings from the report suggest:
• In 2018, Asia Pacific held the largest market share of over 37.6%, and is projected to grow at a CAGR of over 5.2%
from 2019 to 2025.
• In 2018, European market held the second-highest revenue share of USD 397.1 million in the overall market, due
to growing automobile & construction sector.
• Central and South America is projected to grow at the fastest CAGR of 6.3% during the forecasted period.
• Key manufacturers include Danfoss, Nexson Group, Alfa Laval, Elanco Inc., and Smartheat Inc.
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https://www.millioninsights.com/industry-reports/global-welded-spiral-heat-exchangers-market/request-sample
Million Insights has segmented the global welded spiral heat exchanger market based on end use and region:
Welded Spiral Heat Exchangers End Use Outlook (Revenue, USD Billion, 2014 - 2025)
• Chemical
• Food & Beverages
• HVAC & Refrigeration
• Petrochemicals
• Power Generation
• Pulp & Paper
• Others
Welded Spiral Heat Exchangers Regional Outlook (Revenue, USD Billion, 2014 - 2025)
• North America
• U.S.
• Canada
• Europe
• Germany
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