Wilmington, April 2021: Axiom Market Research & Consulting™ added a report on global welded spiral heat exchangers market which includes study on material, flow type and end use across various countries of key regions across the globe. The global welded spiral heat exchangers market was projected to grow at a CAGR of 4.41% for the forecast period 2021 to 2027. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the welded spiral heat exchangers market.
The welded spiral heat exchanger is built by rolling two long metal plates around the center core to form two concentric spiral flow passes, one for each fluid. The edges of the plate are welded shut so that each fluid stays within its own passage and there is no flow bypassing or intermixing. The width and spacing of the channel plate (the gap between plates) are designed for specified operation, maximum heat transfer, and ease of access. These heat exchangers are built to deal with the toughest challenges of heat transfer.
The key companies in the welded spiral heat exchangers market are Nexson Group (France), Kurose Chemical Equipment Co., Ltd. (Japan), Shanghai Shenglin M&E Technology Co., Ltd. (China), SmartHeat Inc. (China), Shineheat Tech (Shanghai) Corp (China), Elanco, Inc. (United States), Alfa Laval AB (Sweden), Danfoss A/S (Denmark), Gooch Thermal (United States).
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The report analyses the global welded spiral heat exchangers market based on material, flow type, end use and geography. By material, the market is segmented into steel and non-steel. Based on flow type, the market is classified into countercurrent flow and co-current flow. By end-use, the market is segmented into chemical, food & beverages, HVAC & Refrigeration, petrochemicals, power generation, pulp & paper, wastewater industry etc.
Welded Spiral Heat Exchangers Market Regional Trends
Asia Pacific held the largest share of the market owing to rising population and fast growing food & beverage industry. It is also projected to grow at a fastest growth rate of 5.12%. Presence of emerging economies of China, Japan and India strongly supports the growth of the region.
Welded Spiral Heat Exchangers Market Segmental Highlights
Research Objectives of Welded Spiral Heat Exchangers Market Report:
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