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Global Welded Spiral Heat Exchangers Market: By Flow Type: Countercurrent Flow, Co-Current Flow; By Application: Petrochemicals, Steel Making, Pharmaceutical, Pulp & Paper, Vegetable Oil Refining, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Competitive Landscape; Industry Events and Developments

Global Welded Spiral Heat Exchangers Market Outlook

The global welded spiral heat exchangers market attained a value of USD 1.6 billion in 2020. The market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 4.5%.

 

Global Welded Spiral Heat Exchangers Market

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The market is driven by the increasing demand for the product in food and beverages, petrochemicals, HVAC and refrigeration, and chemical industries, particularly in the emerging economies of the Asia Pacific.

 

Properties and Applications

The welded spiral heat exchanger is referred to as the product made by rolling two long metal plates around a centre core to produce two concentric spiral flow sections, one for each fluid.

 

Global Welded Spiral Heat Exchangers Market By Application

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The industry is segmented based on the flow type and applications.

Based on the flow type, the industry is divided into:

  • Countercurrent Flow
  • Co-Current Flow

Based on applications, the industry is divided into:

  • Petrochemicals
  • Steel Making
  • Pharmaceutical
  • Wastewater Treatment
  • Pulp and Paper
  • Vegetable Oil Refining
  • Others

The EMR report looks into the regional markets of welded spiral heat exchangers like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global Welded Spiral Heat Exchangers Market By Region

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Market Analysis

The global welded spiral heat exchangers industry is driven by the extensive use of the product in the industries, including food and beverages, chemicals, HVAC and refrigeration, power generation, petrochemical, and pulp and paper. Further, the growing demand from the chemical industry, the increasing focus on improving efficiency standards, and technological innovations are expected to enhance the market growth in the forecast period. The United States market witnessed substantial growth owing to the growing adoption of welded spiral heat exchangers in petrochemical, chemical, food and beverages, and pulp and paper industries.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global welded spiral heat exchangers industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Danfoss A/S 
  • Alfa Laval AB (STO: ALFA) 
  • Elanco, Inc. 
  • Gooch Thermal Systems, Inc. 
  • Kurose Chemical Equipment Co., Ltd. 
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Flow Type, Application, Region
Breakup by Flow Type Countercurrent Flow, Co-Current Flow
Breakup by Application Petrochemicals, Steel Making, Pharmaceutical, Wastewater Treatment, Pulp & Paper, Vegetable Oil Refining, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Danfoss A/S, Alfa Laval AB (STO: ALFA), Elanco, Inc., Gooch Thermal Systems, Inc., Kurose Chemical Equipment Co., Ltd., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Welded Spiral Heat Exchangers Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Welded Spiral Heat Exchangers Historical Market (2018-2022) 
    8.3    Global Welded Spiral Heat Exchangers Market Forecast (2023-2028)
    8.4    Global Welded Spiral Heat Exchangers Market by Flow Type
        8.4.1    Countercurrent Flow
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Co-Current Flow
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
    8.5    Global Welded Spiral Heat Exchangers Market by Application
        8.5.1    Petrochemicals
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Steel Making
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Pharmaceutical 
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Wastewater Treatment
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022)
            8.5.4.3    Forecast Trend (2023-2028)
        8.5.5    Pulp & Paper
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2018-2022)
            8.5.5.3    Forecast Trend (2023-2028)
        8.5.6    Vegetable Oil Refining
            8.5.6.1    Market Share
            8.5.6.2    Historical Trend (2018-2022)
            8.5.6.3    Forecast Trend (2023-2028)
        8.5.7    Others
    8.6    Global Welded Spiral Heat Exchangers Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2018-2022)
        9.1.2    Forecast Trend (2023-2028)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2018-2022)
        9.2.2    Forecast Trend (2023-2028)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2018-2022)
        9.3.2    Forecast Trend (2023-2028)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2018-2022)
        9.4.2    Forecast Trend (2023-2028)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2018-2022)
        9.5.2    Forecast Trend (2023-2028)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Competitive Landscape
    11.1    Market Structure
    11.2    Company Profiles
        11.2.1    Danfoss A/S
            11.2.1.1    Company Overview
            11.2.1.2    Product Portfolio
            11.2.1.3    Demographic Reach and Achievements
            11.2.1.4    Certifications
        11.2.2    Alfa Laval AB
            11.2.2.1    Company Overview
            11.2.2.2    Product Portfolio
            11.2.2.3    Demographic Reach and Achievements
            11.2.2.4    Certifications
        11.2.3    Elanco, Inc.
            11.2.3.1    Company Overview
            11.2.3.2    Product Portfolio
            11.2.3.3    Demographic Reach and Achievements
            11.2.3.4    Certifications
        11.2.4    Gooch Thermal Systems, Inc.
            11.2.4.1    Company Overview
            11.2.4.2    Product Portfolio
            11.2.4.3    Demographic Reach and Achievements
            11.2.4.4    Certifications
        11.2.5    Kurose Chemical Equipment Co., Ltd.
            11.2.5.1    Company Overview
            11.2.5.2    Product Portfolio
            11.2.5.3    Demographic Reach and Achievements
            11.2.5.4    Certifications
        11.2.6    Others
12    Industry Events and Developments


List of Key Figures and Tables

1.    Global Welded Spiral Heat Exchangers Market: Key Industry Highlights, 2018 and 2028
2.    Global Welded Spiral Heat Exchangers Historical Market: Breakup by Flow Type (USD Million), 2018-2022
3.    Global Welded Spiral Heat Exchangers Market Forecast: Breakup by Flow Type (USD Million), 2023-2028
4.    Global Welded Spiral Heat Exchangers Historical Market: Breakup by Application (USD Million), 2018-2022
5.    Global Welded Spiral Heat Exchangers Market Forecast: Breakup by Application (USD Million), 2023-2028
6.    Global Welded Spiral Heat Exchangers Historical Market: Breakup by Region (USD Million), 2018-2022
7.    Global Welded Spiral Heat Exchangers Market Forecast: Breakup by Region (USD Million), 2023-2028
8.    North America Global Welded Spiral Heat Exchangers Historical Market: Breakup by Country (USD Million), 2018-2022
9.    North America Global Welded Spiral Heat Exchangers Market Forecast: Breakup by Country (USD Million), 2023-2028
10.    Europe Global Welded Spiral Heat Exchangers Historical Market: Breakup by Country (USD Million), 2018-2022
11.    Europe Global Welded Spiral Heat Exchangers Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Asia Pacific Global Welded Spiral Heat Exchangers Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Asia Pacific Global Welded Spiral Heat Exchangers Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Latin America Global Welded Spiral Heat Exchangers Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Latin America Global Welded Spiral Heat Exchangers Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Middle East and Africa Global Welded Spiral Heat Exchangers Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Middle East and Africa Global Welded Spiral Heat Exchangers Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Global Welded Spiral Heat Exchangers Market Structure

Key Questions Answered in the Report

The global welded spiral heat exchangers market reached a value of USD 1.6 billion in 2020.

The market is projected to grow at a CAGR of nearly 4.5% in the forecast period of 2023-2028.

The major drivers of the industry include rising disposable incomes, increasing population, and the rising demand for the product in food and beverages, petrochemicals, HVAC and refrigeration, and chemical industries.

The rising focus on improving efficiency standards, and technological innovations are expected to be the key trends guiding the growth of the industry.

North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market.

The leading flow types of the product are countercurrent flow and co-current flow.

The significant application segments of the product in the market are petrochemicals, steel making, pharmaceutical, wastewater treatment, pulp and paper, and vegetable oil refining, among others.

The leading players in the market are Danfoss A/S, Alfa Laval AB, Elanco, Inc., Gooch Thermal Systems, Inc., and Kurose Chemical Equipment Co., Ltd., among others.

Analyst Review

The global welded spiral heat exchangers market attained a value of USD 1.6 billion in 2020, driven by the rising demand for the product in the food and beverages industry. Aided by the rising focus on improving efficiency standards, the industry is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 4.5%.

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on flow type, the global market for welded spiral heat exchangers can be segmented into countercurrent flow and co-current flow. On the basis of application, the industry can be segmented into petrochemicals, steel making, pharmaceutical, wastewater treatment, pulp and paper, and vegetable oil refining, among others. The major regional markets of welded spiral heat exchangers are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above industry include Danfoss A/S, Alfa Laval AB, Elanco, Inc., Gooch Thermal Systems, Inc., and Kurose Chemical Equipment Co., Ltd., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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