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*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Asia Pacific Heat Exchanger Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The Asia Pacific heat exchanger market is currently witnessing moderate growth. Heat exchangers are designed to transfer heat from one liquid to another and control the temperature of a system. These devices help to heat or cool buildings and enable the efficient performance of engines and machines. As compared to the conventional methods of cooling, heat exchangers use less energy and produce less pollution. Therefore, they find extensive application in sewage treatment, boilers, refrigerators, furnaces and air conditioning systems across the Asia Pacific region. 

The rising population and rapid urbanization are positively fueling the need for power consumption. This represents one of the primary factors strengthening the heat exchangers market growth in the Asia Pacific. In addition to this, the installation of new power units has resulted in the increasing adoption of heat exchangers across the region. Moreover, the key market players are investing in research and development (R&D) projects to introduce an efficient upgrade for conventional heat exchangers. However, the coronavirus disease (COVID-19) outbreak and lockdown restrictions imposed by governments of several countries have led to temporary closures of manufacturing units across the Asia Pacific. This has severely affected the market growth, but it will witness growth once lockdown restrictions are uplifted. Looking forward, the market is expected to continue its moderate growth during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific heat exchanger market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, type, material and end use industry.

Breakup by Type:

  • Shell & Tube
  • Plate & Frame
  • Air Cooled
  • Others
     

Breakup by Material:

  • Carbon Steel
  • Stainless Steel
  • Nickel
  • Others
     

Breakup by End Use Industry:

  • Chemical
  • Petrochemical and Oil & Gas
  • HVAC and Refrigeration
  • Food & Beverage
  • Power Generation
  • Paper & Pulp
  • Others
     

Breakup by Country:

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Related Report: 

Europe Heat Exchanger Market Size, Share and Research Report

India Heat Exchanger Market Size, Share and Research Report

Latin America Heat Exchanger Market Size, Share and Research Report

United States Heat Exchanger Market Size, Share and Research Report

Key Questions Answered in This Report:

  • How has the Asia Pacific heat exchanger market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the Asia Pacific heat exchanger market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the material?
  • What is the breakup of the market based on the end use industry?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the Asia Pacific heat exchanger market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology
 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Asia Pacific Heat Exchanger Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Shell & Tube
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Plate & Frame
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Air Cooled
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4   Others
        6.4.1 Market Trends
        6.4.2 Market Forecast
7    Market Breakup by Material
    7.1    Carbon Steel
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Stainless Steel
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Nickel
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Others
        7.4.1 Market Trends
        7.4.2 Market Forecast
8    Market Breakup by End Use Industry
    8.1    Chemical
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Petrochemical and Oil & Gas
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    HVAC and Refrigeration
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Food & Beverage
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Power Generation
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Paper & Pulp
        8.6.1 Market Trends
        8.6.2 Market Forecast
    8.7    Others
        8.7.1 Market Trends
        8.7.2 Market Forecast
9    Market Breakup by Country
    9.1    China
        9.1.1 Market Trends
        9.1.2 Market Breakup by Type
        9.1.3 Market Breakup by Material
        9.1.4 Market Breakup by End Use Industry
        9.1.5 Market Forecast
    9.2    Japan
        9.2.1 Market Trends
        9.2.2 Market Breakup by Type
        9.2.3 Market Breakup by Material
        9.2.4 Market Breakup by End Use Industry
        9.2.5 Market Forecast
    9.3    India
        9.3.1 Market Trends
        9.3.2 Market Breakup by Type
        9.3.3 Market Breakup by Material
        9.3.4 Market Breakup by End Use Industry
        9.3.5 Market Forecast
    9.4    South Korea
        9.4.1 Market Trends
        9.4.2 Market Breakup by Type
        9.4.3 Market Breakup by Material
        9.4.4 Market Breakup by End Use Industry
        9.4.5 Market Forecast
    9.5    Australia
        9.5.1 Market Trends
        9.5.2 Market Breakup by Type
        9.5.3 Market Breakup by Material
        9.5.4 Market Breakup by End Use Industry
        9.5.5 Market Forecast
    9.6    Indonesia
        9.6.1 Market Trends
        9.6.2 Market Breakup by Type
        9.6.3 Market Breakup by Material
        9.6.4 Market Breakup by End Use Industry
        9.6.5 Market Forecast
    9.7    Others
        9.7.1 Market Trends
        9.7.2 Market Breakup by Type
        9.7.3 Market Breakup by Material
        9.7.4 Market Breakup by End Use Industry
        9.7.5 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Policy and Regulatory Landscape
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players

List of Figures

Figure 1: Asia Pacific: Heat Exchanger Market: Major Drivers and Challenges
Figure 2: Asia Pacific: Heat Exchanger Market: Sales Value (in Million US$), 2015-2020
Figure 3: Asia Pacific: Heat Exchanger Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: Asia Pacific: Heat Exchanger Market: Breakup by Type (in %), 2020
Figure 5: Asia Pacific: Heat Exchanger Market: Breakup by Material (in %), 2020
Figure 6: Asia Pacific: Heat Exchanger Market: Breakup by End Use Industry (in %), 2020
Figure 7: Asia Pacific: Heat Exchanger Market: Breakup by Country (in %), 2020
Figure 8: Asia Pacific: Heat Exchanger (Shell & Tube) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Asia Pacific: Heat Exchanger (Shell & Tube) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Asia Pacific: Heat Exchanger (Plate & Frame) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Asia Pacific: Heat Exchanger (Plate & Frame) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Asia Pacific: Heat Exchanger (Air Cooled) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Asia Pacific: Heat Exchanger (Air Cooled) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Asia Pacific: Heat Exchanger (Other Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Asia Pacific: Heat Exchanger (Other Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Asia Pacific: Heat Exchanger (Carbon Steel) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Asia Pacific: Heat Exchanger (Carbon Steel) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Asia Pacific: Heat Exchanger (Stainless Steel) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Asia Pacific: Heat Exchanger (Stainless Steel) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Asia Pacific: Heat Exchanger (Nickel) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Asia Pacific: Heat Exchanger (Nickel) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Asia Pacific: Heat Exchanger (Other Materials) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Asia Pacific: Heat Exchanger (Other Materials) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Asia Pacific: Heat Exchanger (Chemical) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Asia Pacific: Heat Exchanger (Chemical) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Asia Pacific: Heat Exchanger (Petrochemical and Oil & Gas) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Asia Pacific: Heat Exchanger (Petrochemical and Oil & Gas) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Asia Pacific: Heat Exchanger (HVAC and Refrigeration) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Asia Pacific: Heat Exchanger (HVAC and Refrigeration) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Asia Pacific: Heat Exchanger (Food & Beverage) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Asia Pacific: Heat Exchanger (Food & Beverage) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Asia Pacific: Heat Exchanger (Power Generation) Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Asia Pacific: Heat Exchanger (Power Generation) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Asia Pacific: Heat Exchanger (Paper & Pulp) Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Asia Pacific: Heat Exchanger (Paper & Pulp) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Asia Pacific: Heat Exchanger (Other End Use Industries) Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Asia Pacific: Heat Exchanger (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: China: Heat Exchanger Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: China: Heat Exchanger Market: Breakup by Type (in %), 2020
Figure 40: China: Heat Exchanger Market: Breakup by Material (in %), 2020
Figure 41: China: Heat Exchanger Market: Breakup by End Use Industry (in %), 2020
Figure 42: China: Heat Exchanger Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Japan: Heat Exchanger Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Japan: Heat Exchanger Market: Breakup by Type (in %), 2020
Figure 45: Japan: Heat Exchanger Market: Breakup by Material (in %), 2020
Figure 46: Japan: Heat Exchanger Market: Breakup by End Use Industry (in %), 2020
Figure 47: Japan: Heat Exchanger Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: India: Heat Exchanger Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: India: Heat Exchanger Market: Breakup by Type (in %), 2020
Figure 50: India: Heat Exchanger Market: Breakup by Material (in %), 2020
Figure 51: India: Heat Exchanger Market: Breakup by End Use Industry (in %), 2020
Figure 52: India: Heat Exchanger Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: South Korea: Heat Exchanger Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: South Korea: Heat Exchanger Market: Breakup by Type (in %), 2020
Figure 55: South Korea: Heat Exchanger Market: Breakup by Material (in %), 2020
Figure 56: South Korea: Heat Exchanger Market: Breakup by End Use Industry (in %), 2020
Figure 57: South Korea: Heat Exchanger Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: Australia: Heat Exchanger Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: Australia: Heat Exchanger Market: Breakup by Type (in %), 2020
Figure 60: Australia: Heat Exchanger Market: Breakup by Material (in %), 2020
Figure 61: Australia: Heat Exchanger Market: Breakup by End Use Industry (in %), 2020
Figure 62: Australia: Heat Exchanger Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Indonesia: Heat Exchanger Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Indonesia: Heat Exchanger Market: Breakup by Type (in %), 2020
Figure 65: Indonesia: Heat Exchanger Market: Breakup by Material (in %), 2020
Figure 66: Indonesia: Heat Exchanger Market: Breakup by End Use Industry (in %), 2020
Figure 67: Indonesia: Heat Exchanger Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Others: Heat Exchanger Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Others: Heat Exchanger Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Asia Pacific: Heat Exchanger Industry: SWOT Analysis
Figure 71: Asia Pacific: Heat Exchanger Industry: Value Chain Analysis
Figure 72: Asia Pacific: Heat Exchanger Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Asia Pacific: Heat Exchanger Market: Key Industry Highlights, 2020 and 2026
Table 2: Asia Pacific: Heat Exchanger Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 3: Asia Pacific: Heat Exchanger Market Forecast: Breakup by Material (in Million US$), 2021-2026
Table 4: Asia Pacific: Heat Exchanger Market Forecast: Breakup by End Use Industry (in Million US$), 2021-2026
Table 5: Asia Pacific: Heat Exchanger Market Forecast: Breakup by Country (in Million US$), 2021-2026
Table 6: Asia Pacific: Heat Exchanger Market: Competitive Structure
Table 7: Asia Pacific: Heat Exchanger Market: Key Players

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