The global heat exchanger market is experiencing phenomenal growth, which is set to continue through to 2019.
Regional analysis of the heat exchanger market reveals that Asia Pacific is the fastest growing region in terms of demand of heat exchangers whereas China is experiencing the highest demand globally, mainly due to new manufacturers entering the industry.
However, with immense growth opportunities, the heat exchanger market faces the challenges in terms of rising competition from new entrants, cost of replacing old models and rising energy cost.
Due to rising environmental concerns many industries are adopting high-end energy-saving heat exchangers to mitigate the loss of their revenue, which is largely due to the rise in the cost of energy.
The report titled “Global Heat Exchanger Market: Trends and Opportunities (2014-2019)” provides an insight into the heat exchanger market.
The report assesses the sizing and growth of the heat Exchanger market, the growth of various types of heat exchangers, and market segmentation based on various parameters and factors.
The report provides an overview of major market drivers, restraints, opportunities, key issues in the market and challenges faced by leading players in the industry including Alfa Laval, GEA Heat Exchangers, Danfoss and Xylem Inc.
Details at www.marketreportsonline.com