Global Brazed Plate Heat Exchanger Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Brazed Plate Heat Exchanger Market by Type, Property & Applications: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Brazed Plate Heat Exchanger Market was valued at XX million in 2016 and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. Asia Pacific dominates the Brazed Plate Heat Exchanger Market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period.
Brazed plate heat exchanger offers efficient heat transfer with a small footprint. They provide number of advantages such as are maintenance free, provide a long service lifetime, and can withstand high temperatures and design pressures. They are mostly used in cooling, heating, and evaporation & condensing. The brazed plate heat exchanger uses metal plates to transfer heat between two fluids. It also provides a solution for a variety of functions in the refrigeration system.
The market is growing at a fast rate due to different advantages such as they can withstand very high temperature. Moreover, the interlocking plates generally complete the thermal exchange process more quickly than using other equipment. The cost of maintaining the system is very less. However, installation professional has increased knowledge about fixing any faults associated with it. Brazed plate heat exchanger when used reduce the amount of fossil fuels used on a residential, commercial, or industrial site.
According to the segmentation, the market is bifurcated into different segments includes type, application, and region. By type the market is categorized into single circuit and multi circuit. On the basis of application, the market is bifurcated into HVAC applications, industrial applications, and others.
Key Question Answered: • What will be the market size in 2025 and at what rate it will grow? • Who are the major key players in global brazed plate heat exchanger market and what are their strategies? • Which vertical industry is expected to show major growth? • What segment and region will lead the market and why?
The major companies profiled in the report include: Alfa Laval, API Heat Transfer, Danfoss, DHT, Hisaka, Hydac, Kaori, Kelvion, Mueller, Sondex, and Swep.
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