Request Sample Inquiry
Plate Heat Exchangers Market

Plate Heat Exchangers Market

Plate Heat Exchangers Market Global Industry Assessment & Forecast

# Pages:


Base Year:


Nov - 2021


Report Code:


Segments Covered
  • By Product Gasketed, Welded, Brazed, Others
  • By Application Chemical, HVAC & Refrigeration, Power Generation, Others
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 3.79 Billion
Revenue 2028Revenue 2028: 6.42 Billion
Revenue CAGRRevenue CAGR (2021 - 2028): 6.8
Fastest Growing Region Fastest Growing Region (2022 - 2028) Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst

The report delivers an acute breakdown of the market based on various segments such as Product, Application, and region. The report will cover market estimations and forecast for each segment by region for the years 2016–2028. Several growth factors and opportunities impacting various segments have been incorporated in the report.

On the basis of Product, the market is divided into Gasketed, Welded, Brazed, Others. Gasketed held the largest share in 2020 and is projected to witness substantial growth during the forecast period.

Based on Application, the market is divided into Chemical, HVAC & Refrigeration, Power Generation, Others. Chemical attributed to the highest market share and is expected to grow at a significant CAGR from 2021 to 2028. 

Global Plate Heat Exchangers Market: Product Segment Analysis

    • Gasketed
    • Welded
    • Brazed
    • Others

Global Plate Heat Exchangers Market: Application Segment Analysis

    • Chemical
    • HVAC & Refrigeration
    • Power Generation
    • Others
Frequently Asked Question
  • The global Plate Heat Exchangers valued at 3.79 Billion in 2020 and is expected to reach 6.42 Billion in 2028 growing at a CAGR of 6.8%.

  • The prominent players in the market are Zio-Podolsk, Alstom SA, Mitsubishi Heavy Industries Ltd, Shanghai Electric Group Company, Areva SA, SPX Corporation, Larsen & Toubro Ltd, Bharat Heavy Electrical Limited, Dongfang Electric Corporation, BHI Company Limited..

  • The market is project to grow at a CAGR of 6.8% between 2021 and 2028.

  • The driving factors of the Plate Heat Exchangers include

    • The increased investments in the chemical, petrochemical, fuel processing, and HVAC industries is anticipated to augment the growth of the market over the forecast period. Furthermore, the plate heat exchangers are also compact in structure, small in size and low consumables which is also facilitating the growth of the plate heat exchanger market in the years to come.
    • The stringent environmental regulations and surging energy prices is also anticipated to drive the demand for plate heat exchangers market during the forecast period.

  • Asia Pacific was the leading regional segment of the Plate Heat Exchangers in 2020.