Swiftnlift Best Business Magazine India’s Top 5 Business Leaders, Ruling the Cooling Tower Manufacturers Industry – 2022
The cooling tower market is expected to increase at a CAGR of more than 5% between 2021 and 2028, surpassing $2 billion in 2021. The growth of the chemical, automotive, petrochemical, and fertiliser industries will be complemented by an increase in industrial and manufacturing activity. An-other factor fueling the expansion of the cooling tower market is the spike in the use of various types of equipment for cooling towers to prevent wear and tear. The industry’s primary problem, though, is the limited supply of water. For instance, thermal power plants need a steady source of water supply be-cause they need to use significant amounts of water for cooling. The cool-ing tower business is being forced to explore for energy-saving measures by the acute disadvantage and the worrisome rate at which the traditional energy sources will become scarcer. M Square Engineers stepped in at this point to offer cooling tower solutions with the goal of conserving water, energy, and space. With more than 20 years of expertise in the cooling tower industry in India,
The cooling tower market is expected to increase at a CAGR of more than 5% between 2021 and 2028, surpassing $2 billion in 2021. The growth of the chemical, automotive, petrochemical, and fertiliser industries will be complemented by an increase in industrial and manufacturing activity. An-other factor fueling the expansion of the cooling tower market is the spike in the use of various types of equipment for cooling towers to prevent wear and tear.
The industry’s primary problem, though, is the limited supply of water. For instance, thermal power plants need a steady source of water supply be-cause they need to use significant amounts of water for cooling. The cool-ing tower business is being forced to explore for energy-saving measures by the acute disadvantage and the worrisome rate at which the traditional energy sources will become scarcer. M Square Engineers stepped in at this point to offer cooling tower solutions with the goal of conserving water, energy, and space. With more than 20 years of expertise in the cooling tower industry in India,
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
International Steam Research
Cover Story International Steam Research Dr. George Panicker Founder and...
Read More
Change language