Global Field-Erected Cooling Tower Industry Demand Market Forecast 2018 - 2023: Ozone Market Reports

Ozone Market Reports projects that the Field-Erected Cooling Tower market size will grow from USD 1.86 Billion in 2017 to USD 2.43 Billion by 2023, at an estimated CAGR of 4.6%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

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The growth of this market is attributed to increasing energy demand and steady economic development along with industrialization in developing countries, such as China, Brazil, and India.Among various end-users for which field-erected cooling towers are employed, the power generation segment is expected to be the largest market. Field-erected cooling towers are generally used to reject the heat to the atmosphere generated during various industrial processes. Increasing deployment and replacement of oil cooling towers in the power industry is also likely to drive the field-erected cooling towers market.The wet type field-erected cooling towers market is projected to be the largest segment, on the basis of type of field-erected cooling towers from 2018 to 2023. The reason behind the same would be increasing power demand from emerging economies such as India, China, and Japan where there is a steady increase in the installation of power plants. Asia-Pacific is the largest market for wet field-erected cooling towers, and is expected to hold more than two-fifth of the total market share during the forecast period.

By Market Players:
SPX Corporation , Hamon& CIE International SA , Enexio Management GmbH , Spig S.P.A. , Evapco Inc. , Baltimore Aircoil Company Inc. , Brentwood Industries, Inc. , Paharpur Cooling Towers Limited , Star Cooling Towers Pvt. Ltd. , Mesan Group.

By Type
Wet, Dry, Hybrid, ,

By End-User
Power Generation, Petrochemical and Oil & Gas, Iron & Steel and Metallurgy, Paper Mills, Others                  

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The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations.

Points Covered in The Report:
The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023.
The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
Data and information by manufacturer, by region, by type, by application and etc, and custom research can be added according to specific requirements.

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