Global Heat Exchanger Market is estimated to reach $25,042 million by 2024; growing at a CAGR of 8.1% from 2016 to 2024. A heat exchanger is a device specially designed to competently exchange or transfer heat from one matter to other. water or oil could be used as a fluid in which heat is going to transfer.
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A heat exchanger can be used for facilitating the easy traversal of heat between two or more fluids. They are mainly used in the application of hydraulic and industrial process, marine, food process equipment, power generation and mining.
Heat Exchanger Market Size:
The Global Heat Exchangers Market is expected to reach USD 32.45 billion by 2023, from its current market value of USD 13.5 billion in 2018 ... Read more
In recent years, the global market for heat exchangers has evolved significantly. Heat exchangers are widely accepted equipment for various end-user applications because of their ecological properties and energy efficiency. In addition, the increase in industrial activities in developing countries is one of the main factors determining the demand for heat exchangers
Heat Exchanger Market Size and Growth Rate:
Heat Exchanger Market is projected to reach USD 32 ... Read more
