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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.

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

Market Overview:

The United States heat exchanger market is currently witnessing moderate growth. 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. 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 United States 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 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.

Key Questions Answered in This Report:

  • How has the United States 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 United States 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 United States 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    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$), 2015-2020
Figure 3: United States: Heat Exchanger Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: United States: Heat Exchanger Market: Breakup by Type (in %), 2020
Figure 5: United States: Heat Exchanger Market: Breakup by Material (in %), 2020
Figure 6: United States: Heat Exchanger Market: Breakup by End Use Industry (in %), 2020
Figure 7: United States: Heat Exchanger Market: Breakup by Region (in %), 2020
Figure 8: United States: Heat Exchanger (Shell & Tube) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: United States: Heat Exchanger (Shell & Tube) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: United States: Heat Exchanger (Plate & Frame) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: United States: Heat Exchanger (Plate & Frame) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: United States: Heat Exchanger (Air Cooled) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: United States: Heat Exchanger (Air Cooled) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: United States: Heat Exchanger (Other Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: United States: Heat Exchanger (Other Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: United States: Heat Exchanger (Carbon Steel) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: United States: Heat Exchanger (Carbon Steel) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: United States: Heat Exchanger (Stainless Steel) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: United States: Heat Exchanger (Stainless Steel) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: United States: Heat Exchanger (Nickel) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: United States: Heat Exchanger (Nickel) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: United States: Heat Exchanger (Other Materials) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: United States: Heat Exchanger (Other Materials) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: United States: Heat Exchanger (Chemical) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: United States: Heat Exchanger (Chemical) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: United States: Heat Exchanger (Petrochemical and Oil & Gas) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: United States: Heat Exchanger (Petrochemical and Oil & Gas) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: United States: Heat Exchanger (HVAC and Refrigeration) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: United States: Heat Exchanger (HVAC and Refrigeration) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: United States: Heat Exchanger (Food & Beverage) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: United States: Heat Exchanger (Food & Beverage) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: United States: Heat Exchanger (Power Generation) Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: United States: Heat Exchanger (Power Generation) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: United States: Heat Exchanger (Paper & Pulp) Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: United States: Heat Exchanger (Paper & Pulp) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: United States: Heat Exchanger (Other End Use Industries) Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: United States: Heat Exchanger (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: Northeast: Heat Exchanger Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: Northeast: Heat Exchanger Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Midwest: Heat Exchanger Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Midwest: Heat Exchanger Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: South: Heat Exchanger Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: South: Heat Exchanger Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: West: Heat Exchanger Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: West: Heat Exchanger Market Forecast: Sales Value (in Million US$), 2021-2026
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, 2020 and 2026
Table 2: United States: Heat Exchanger Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 3: United States: Heat Exchanger Market Forecast: Breakup by Material (in Million US$), 2021-2026
Table 4: United States: Heat Exchanger Market Forecast: Breakup by End Use Industry (in Million US$), 2021-2026
Table 5: United States: Heat Exchanger Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: United States: Heat Exchanger Market: Competitive Structure
Table 7: United States: Heat Exchanger Market: Key Players

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