Los Angeles, CA -- (SBWire) -- 05/20/2019 --A shell and tube heat exchanger is a class of heat exchanger designs.[1][2] It is the most common type of heat exchanger in oil refineries and other large chemical processes, and is suited for higher-pressure applications. As its name implies, this type of heat exchanger consists of a shell (a large pressure vessel) with a bundle of tubes inside it. One fluid runs through the tubes, and another fluid flows over the tubes (through the shell) to transfer heat between the two fluids. The set of tubes is called a tube bundle, and may be composed of several types of tubes: plain, longitudinally finned, etc.
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The European region is dominant in the shell & tube heat exchangers market. The rising demand for shell & tube heat exchangers in this region is mainly driven by its strong demand in the chemicals application. The North American region is the second largest consumer and manufacturer of shell & tube heat exchangers, globally. The market in this region is mainly driven by the growing opportunities from oil & gas industry and also from the fastest growing chemicals industry. The chemicals and petrochemicals and oil & gas applications are the top two applications contributing to the growing demand for shell & tube heat exchangers in North America. RoW is expected to be the fastest growing region between 2018 and 2023.
This report studies the Shell & Tube Heat Exchanger market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Major Key Manufacturers of Shell & Tube Heat Exchanger Market are:
Alfa Laval, Kelvion, SPX, Standard Xchange, API Heat Transfer, Brask, Hughes Anderson, Manning and Lewis, Mason Manufacturing, Kennedy Tank & Manufacturing, Enerfin, Hrs Heat Exchangers, Koch Heat Transfer, Southern Heat Exchanger,
Segmentation by Product-
Crossflow to Tubes, Parallelflow to Tubes,
Segmentation by Application-
Chemicals, Petrochemicals and oil & gas, HVAC & refrigeration, Food & beverages, Power generation, Pulp & paper, Others,
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Regions Covered in the Global Shell & Tube Heat Exchanger Market:-
The Middle East and Africa (GCC Countries and Egypt)
North America (the United States, Mexico, and Canada)
South America (Brazil etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Strategic Points Covered in TOC:
Chapter 1: Introduction, market driving force product scope, market risk, market overview, and market opportunities of the global Shell & Tube Heat Exchanger market
Chapter 2: Evaluating the leading manufacturers of the global Shell & Tube Heat Exchanger market which consists of its revenue, sales, and price of the products
Chapter 3: Displaying the competitive nature among key manufacturers, with market share, revenue, and sales
Chapter 4: Presenting global Shell & Tube Heat Exchanger market by regions, market share and with revenue and sales for the projected period
Chapter 5, 6, 7, 8 and 9: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions
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Finally, the global Shell & Tube Heat Exchanger Market is a valuable source of guidance for individuals and companies. One of the major reasons behind providing market attractiveness index is to help the target audience and clients to identify the several market opportunities in the global Shell & Tube Heat Exchanger market. Moreover, for the better understanding of the market, QY Research has also presented a key to get information about various segments of the global Shell & Tube Heat Exchanger market.
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Shell & Tube Heat Exchanger Market Growing Demand 2019 to 2025: Alfa Laval, Kelvion, SPX, Standard Xchange
The global Shell & Tube Heat Exchanger market was 6090 million US$ in 2018 and is expected to 9280 million US$ by the end of 2025, growing at a CAGR of 5.4% between 2019 and 2025.