Market Overview:
The United States heat exchanger market is expected to exhibit a CAGR of 5.5% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Heat exchangers are devices utilized for transferring heat from one fluid to another and controlling the temperature of a substance or a system. These devices comprise streams of hot and cold liquids that are used to transfer thermal energy. As they enable the efficient functioning of machines and engines, they find extensive application in refrigerators, furnaces, sewage treatments, air conditioning systems, boilers and automotive radiators across the United States.
The United States represents one of the largest markets for heat exchangers. This can be accredited to the burgeoning oil and gas industry, along with the growing number of exploration and production (E&P) activities being undertaken in the country. Furthermore, the escalating demand for heat exchangers in industrial and commercial sectors is strengthening the growth of the market. Apart from this, heat exchangers also find application in chemical plants, which can be attributed to the varying temperature requirements of streams in different processes. Other factors fueling the market growth include the installation of superficial heat exchangers to upgrade the existing power units and minimize carbon emissions. However, the coronavirus disease (COVID-19) outbreak has disrupted manufacturing operations and impacted the supply chain across the country. This has negatively affected market growth, but once the vaccination is introduced and COVID-19 cases subside, the demand for heat exchangers will witness growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the United States heat exchanger market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on 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 Region:
- Northeast
- Midwest
- South
- West
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Million |
| Segment Coverage |
Type, Material, End Use Industry, Region |
| Region Covered |
Northeast, Midwest, South, West |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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 United States 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 Region
9.1 Northeast
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Midwest
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 South
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 West
9.4.1 Market Trends
9.4.2 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: United States: Heat Exchanger Market: Major Drivers and Challenges
Figure 2: United States: Heat Exchanger Market: Sales Value (in Million US$), 2016-2021
Figure 3: United States: Heat Exchanger Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: United States: Heat Exchanger Market: Breakup by Type (in %), 2021
Figure 5: United States: Heat Exchanger Market: Breakup by Material (in %), 2021
Figure 6: United States: Heat Exchanger Market: Breakup by End Use Industry (in %), 2021
Figure 7: United States: Heat Exchanger Market: Breakup by Region (in %), 2021
Figure 8: United States: Heat Exchanger (Shell & Tube) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: United States: Heat Exchanger (Shell & Tube) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: United States: Heat Exchanger (Plate & Frame) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: United States: Heat Exchanger (Plate & Frame) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: United States: Heat Exchanger (Air Cooled) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: United States: Heat Exchanger (Air Cooled) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: United States: Heat Exchanger (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: United States: Heat Exchanger (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: United States: Heat Exchanger (Carbon Steel) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: United States: Heat Exchanger (Carbon Steel) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: United States: Heat Exchanger (Stainless Steel) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: United States: Heat Exchanger (Stainless Steel) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: United States: Heat Exchanger (Nickel) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: United States: Heat Exchanger (Nickel) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: United States: Heat Exchanger (Other Materials) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: United States: Heat Exchanger (Other Materials) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: United States: Heat Exchanger (Chemical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: United States: Heat Exchanger (Chemical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: United States: Heat Exchanger (Petrochemical and Oil & Gas) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: United States: Heat Exchanger (Petrochemical and Oil & Gas) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: United States: Heat Exchanger (HVAC and Refrigeration) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: United States: Heat Exchanger (HVAC and Refrigeration) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: United States: Heat Exchanger (Food & Beverage) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: United States: Heat Exchanger (Food & Beverage) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: United States: Heat Exchanger (Power Generation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: United States: Heat Exchanger (Power Generation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: United States: Heat Exchanger (Paper & Pulp) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: United States: Heat Exchanger (Paper & Pulp) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: United States: Heat Exchanger (Other End Use Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: United States: Heat Exchanger (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Northeast: Heat Exchanger Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Northeast: Heat Exchanger Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Midwest: Heat Exchanger Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Midwest: Heat Exchanger Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: South: Heat Exchanger Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: South: Heat Exchanger Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: West: Heat Exchanger Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: West: Heat Exchanger Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: United States: Heat Exchanger Industry: SWOT Analysis
Figure 47: United States: Heat Exchanger Industry: Value Chain Analysis
Figure 48: United States: Heat Exchanger Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: United States: Heat Exchanger Market: Key Industry Highlights, 2021 and 2027
Table 2: United States: Heat Exchanger Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: United States: Heat Exchanger Market Forecast: Breakup by Material (in Million US$), 2022-2027
Table 4: United States: Heat Exchanger Market Forecast: Breakup by End Use Industry (in Million US$), 2022-2027
Table 5: United States: Heat Exchanger Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: United States: Heat Exchanger Market: Competitive Structure
Table 7: United States: Heat Exchanger Market: Key Players