Heat exchanger is a device for transferring heat from one fluid to another. It is used in various industries such as chemical, petrochemical, oil & gas, pulp & paper, automotive, sewage treatment and power generation. New technology and regulation in certain region have also helped in the growth of heat exchanger market. North America has the largest market share of heat exchanger. Japan is one of the largest hubs in automotive heat exchangers industry. Asia-Pacific is the fastest growing market for heat exchangers. China and India are the two major markets of heat exchangers in Asia-Pacific.
This report examines the global heat exchangers market and provides information regarding the revenue (USD Million) for the period 2018 to 2025. It further elaborates the market drivers which contribute to the growth. It then describes the restraints that are faced by the market. The market is classified into various segments with deep analysis of each segment for the study period.
1. INTRODUCTION TO THE HEAT EXCHANGERS MARKET
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