According to Stratistics MRC, the Global Heat Exchangers Market is accounted for $15.60 billion in 2021 and is expected to reach $25.21 billion by 2028 growing at a CAGR of 7.1% during the forecast period.

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A heat exchanger is a device that transfers heat from one medium to another. It facilitates the process of heat exchange between two fluids that are at different temperatures. Heat exchangers are used by machines such as air conditioners and refrigerators. Examples of heat exchangers include a hydraulic oil cooler, which removes the heat from the hot oil by using cold water or air. Industries in which heat exchangers are used largely include chemical, petrochemical and oil & gas, food & beverage, and power generation.

Some of the key players profiled in the Heat Exchangers Market include Danfoss AS, Alfa Laval AB, Kelvion Holding GmbH, BOYD Corporation, GEA Group, Xylem Inc., General Electric Company, API Heat Transfer Inc., Doosan Corp., Koch Industries Inc., Dover Corp., Johnson Controls International Plc, Hisaka Works Ltd., Thermax Ltd., SPX Corporation, Saulsbury Industries, SWEP, and Rolls Royce.

Types Covered:
• Plate & Frame Heat Exchangers
• Shell & Tube Heat Exchangers
• Air-Cooled Heat Exchangers
• Cooling Towers
• Micro Channel Heat Exchanger
• Adiabatic Wheel Heat Exchanger
• Plate Fin Heat Exchanger
• Heat Sinks
• Printed Circuit (PCHE)
• Graphite Heat Exchanger
• Other Types

Materials Covered:
• Non-Steel
• Metallic Heat Exchangers
• Polymeric Heat Exchangers
• Ceramic Heat Exchangers
• Steel

Products Covered:
• Air Blast Coolers
• Transformer Oil coolers
• Suction Heater

Technologies Covered:
• Hydrocarbon (HC)
• Hydrofluoroolefin (HFO)
• Propane (R290)
• Carbon dioxide (CO2)
• Water (H2O)
• Hydrofluorocarbon (HFC)
• Ammonia (NH3)

Styles Covered:
• Radiators
• Condensers
• Coolers & Evaporators
• Heat Exchangers Fin-Tube

End Users Covered:
• Energy
• Shipbuilding Industry
• Food & Beverages
• Pulp & Paper
• Chemical
• Heating, Ventilation, and Air Conditioning (HVAC) & Refrigeration
• Mechanical Industry
• Marine
• Power Generation
• Healthcare
• Electronics
• Automobile
• Pharmaceuticals
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

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