Brazed Plate Heat Exchangers Market worth USD 1,120 Million by 2024 at a CAGR of 7.0%


Posted May 21, 2020 by armaan007

Brazed Plate Heat Exchangers Market expected to stand at USD 1,120 Million by 2024, at a CAGR of 7.0%, between 2019–2024

 
According to the new market research report "Brazed Plate Heat Exchangers Market by Application (Evaporator, Condenser, And Economizer), End-use Industry (HVACR, chemical, food & beverage, power, heavy industries, and others), and Region - Global Forecast to 2024", published by MarketsandMarkets™, the BPHEs Market is expected to grow from USD 799 million in 2019 to USD 1,120 million by 2024, at a CAGR of 7.0%. The major factors driving the BPHEs market include growth of the global construction sector and increasing use of HVACR systems in the sector along with technological developments in BPHEs.

Get PDF brochure of the report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=226875425

BPHEs market in the HVACR industry projected to register the highest CAGR during the forecast period.

The global construction sector is growing rapidly, owing to the increasing focus and investments in the sector. This growth of the sector is expected to increase the demand of HVACR systems. BPHEs are used in HVACR systems, and hence, the BPHEs market in HVACR industry is expected to witness the highest growth rate.

https://www.prnewswire.com/news-releases/brazed-plate-heat-exchangers-market-worth-1-120-million-by-2024--exclusive-report-by-marketsandmarkets-301011518.html

Europe is the leading BPHEs market.

Europe is the largest market of BPHEs. This region has the presence of most global leaders operating in the BPHEs market. The European region has a big HVACR industry along with stringent energy efficiency regulations, which boosts the demand for BPHEs in region. In addition, the region has one of the largest chemical production sectors in the world, which helps the growth of BPHEs market in Europe.

The major vendors in the Brazed Plate Heat Exchangers Market include Alfa Laval (Sweden), Kelvion (Germany), SWEP (Sweden), Danfoss (Denmark), Xylem (US), API Heat Transfer (US), Chart Industries (US), Hisaka Works (Japan), Kaori (Taiwan), Paul Mueller Company (US), Baode Heat Exchanger (China), Barriquand Group (France), Boyd Corporation (US), Diversified Heat Transfer (US), Funke (Germany), HRS Heat Exchangers (UK), HYDAC (Germany), Onda (Italy), Secespol (Poland), and Weil-McLain (US).

Early buyers will receive 10% free customization on this report.

Don't miss out on business opportunities in Brazed Plate Heat Exchangers Market.

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Issued By Markets And Markets
Country India
Categories Energy , Food , Industry
Tags brazed plate heat exchangers , brazed plate heat exchangers applications , brazed plate heat exchangers industry , brazed plate heat exchangers manufacturers , brazed plate heat exchangers market , coronavirus , covid , covid19
Last Updated May 21, 2020