South & Central America Heat Exchanger Market Forecast to 2030

South & Central America Heat Exchanger Market Forecast to 2030

South & Central America Heat Exchanger Market Forecast to 2030 – Regional Analysis – by Type (Shell and Tube, Plate and Frame, Air Cooled, and Others), Material (Steel, Copper, and Others), and Application (Energy, Chemical, Food and Beverages, HVACR, Pulp and Paper, and Others)

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Description

The South & Central America heat exchanger market was valued at US$ 675.81 million in 2022 and is expected to reach US$ 1,062.66 million by 2030; it is estimated to grow at a CAGR of 5.8% from 2022 to 2030.

Integration of 3D Printing Technology with Heat Exchangers Fuel the South & Central America Heat Exchanger Market

3D printing or additive manufacturing is the development of a three-dimensional object from a digital file. The demand for 3D printing solutions is rising owing to advantages such as flexible design, rapid prototyping, print of demand, lightweight and robust parts, faster design and customized production, minimum waste, cost-effectiveness, and environment friendly. In addition, the rising awareness worldwide to use environment-friendly solutions and associated GHG emissions are encouraging heat exchanger providers to use this advancing technology to produce new products to meet the demand from various end user applications.

The growing need for efficient heat exchangers in crucial applications such as power generation systems, consumer electronics, and food and beverage manufacturing facilities contribute to the adoption of 3D printing technology. Thus, the integration of 3D printing technology with heat exchangers is likely to create opportunities for market players to meet the growing demand from various end user applications during the forecast period.

South & Central America Heat Exchanger Market Overview

The South & Central America (SAM) heat exchanger market is segmented into Brazil, Argentina, Colombia, and the Rest of South & Central America. The rise in population contributes to the demand for electricity. Per the World Population Review, the population of South & Central America is 439.71 million in 2023, and Brazil is the fifth most populous country in the world with a population of 210 million, which is further expected to reach 218 million by 2060. Thus, the increasing population across the region is boosting the demand for energy, leading to the development and expansion of power generation sources across South & Central America, which is generating the need for heat exchangers.

South & Central America Heat Exchanger Market Revenue and Forecast to 2030 (US$ Million)

South & Central America Heat Exchanger Market Segmentation

The South & Central America heat exchanger market is segmented based on type, material, application, and country. Based on type, the South & Central America heat exchanger market is segmented into shell and tube, plate and frame, air cooled, and others. The shell and tube segment held the largest market share in 2022.

Based on material, the South & Central America heat exchanger market is segmented into steel, copper, and others. The steel segment held the largest market share in 2022.

Based on application, the South & Central America heat exchanger market is segmented into energy, chemical, food and beverages, HVACR, pulp and paper, and others. The energy segment held the largest market share in 2022.

Based on country, the South & Central America heat exchanger market is segmented into Brazil, Argentina, Columbia, and the Rest of South & Central America. Brazil dominated the South & Central America heat exchanger market share in 2022.

Alfa Laval AB, API Heat Transfer Inc, Chart Industries Inc, Danfoss AS, Guntner GmbH & Co KG, Johnson Controls International Plc, and Xylem Inc are some of the leading companies operating in the South & Central America heat exchanger market.

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At 5.8% CAGR, the South & Central America Heat Exchanger Market is Speculated to be worth US$ 1,062.66 million by 2030, says the Research Team

According to the Research Team’ research, the South & Central America heat exchanger market was valued at US$ 675.81 million in 2022 and is expected to reach US$ 1,062.66 million by 2030, registering a CAGR of 5.8% from 2022 to 2030. Introduction of heat exchange subscription model is among the critical factors attributed to the South & Central America heat exchanger market expansion.

Companies are constantly seeking solutions that help them save costs, enabling them to use the saved amount for their other business operations. Many companies are taking innovative initiatives to provide solutions that are environment-friendly due to rising concerns about climate change. In January 2023, Kelvion Holding GmbH announced its plan to provide heat exchangers under the “Heat Exchange as a Service” pay-per-use business model as an innovative solution that can help its customers reduce capital expenditure. The company’s main focus was to address the rising concern over CO2 emissions and introduce the subscription model to provide heat exchangers. The introduction of the product-service system helps small and medium-sized enterprises avail themselves of these services, from installation to maintenance, in a cost-effective manner and optimize their cash flow management. Heat exchanger is used in several end user industries such as automotive, chemical, and food & beverages for various applications. Thus, the subscription model will help the SMEs operating in these industries to adopt heat exchangers and encourage emerging players to use this cost-effective solution, which is expected to bolster the heat exchanger market during the forecast period years.

On the contrary, high initial investment, labor cost, and maintenance hampers the growth of South & Central America heat exchanger market.

Based on type, the South & Central America heat exchanger market is categorized into shell and tube, plate and frame, air cooled, and others. The shell and tube segment held 55.4% market share in 2022, amassing US$ 374.08 million. It is projected to garner US$ 602.54 million by 2030 to expand at 6.1% CAGR during 2022-2030.

Based on material, the South & Central America heat exchanger market is categorized into steel, copper, and others. The steel segment held 50.8% share of South & Central America heat exchanger market in 2022, amassing US$ 343.16 million. It is projected to garner US$ 561.50 million by 2030 to expand at 6.3% CAGR during 2022-2030.

Based on application, the South & Central America heat exchanger market is categorized into energy, chemical, food and beverages, HVACR, pulp and paper, and others. The energy segment held 37.9% share of South & Central America heat exchanger market in 2022, amassing US$ 256.27 million. It is projected to garner US$ 436.18 million by 2030 to expand at 6.9% CAGR during 2022-2030.

Based on country, the South & Central America heat exchanger market has been categorized into Brazil, Argentina, Columbia, and the Rest of South & Central America. Our regional analysis states that Brazil captured 48.6% share of South & Central America heat exchanger market in 2022. It was assessed at US$ 328.45 million in 2022 and is likely to hit US$ 550.35 million by 2030, exhibiting a CAGR of 6.7% during 2022-2030.

Key players operating in the South & Central America heat exchanger market are Alfa Laval AB, API Heat Transfer Inc, Chart Industries Inc, Danfoss AS, Guntner GmbH & Co KG, Johnson Controls International Plc, and Xylem Inc, among others.

– In Feb 2020, Johnson Controls announced a new heat exchanger.

– In Aug 2022, Bell & Gossett enhances its online system design software, integrates heat exchanger selection program into ESP-Systemwize.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America heat exchanger market.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the South & Central America heat exchanger market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the South & Central America heat exchanger market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

TABLE OF CONTENTS

1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central America Heat Exchanger Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in Value Chain
5. South & Central America Heat Exchanger Market – Key Industry Dynamics
5.1 Heat exchanger Market – Key Industry Dynamics
5.2 Market Drivers
5.2.1 Use of Heat Exchangers in Oil & Gas Industry
5.2.2 Rise in Industrialization
5.2.3 Surge in Industry-specific Applications
5.3 Market Restraints
5.3.1 High Initial Investment, Labor Cost, and Maintenance
5.3.2 Safety Concerns Regarding Heat Exchanger
5.4 Market Opportunities
5.4.1 Integration of 3D Printing Technology with Heat Exchangers
5.4.2 Rise in Electric Vehicle Adoption
5.5 Future Trends
5.5.1 Introduction of Heat Exchange Subscription Model
5.6 Impact of Drivers and Restraints:
6. Heat exchanger Market – South & Central America Market Analysis
6.1 South & Central America Heat Exchanger Market Revenue (US$ Million), 2022 – 2030
6.2 South & Central America Heat Exchanger Market Forecast and Analysis
7. South & Central America Heat Exchanger Market Analysis – Type
7.1 Shell and Tube
7.1.1 Overview
7.1.2 Shell and Tube Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Plate and Frame
7.2.1 overview
7.2.2 Plate and Frame Market, Revenue and Forecast to 2030 (US$ Million)
7.3 Air Cooled
7.3.1 Overview
7.3.2 Air Cooled Market Revenue and Forecast to 2030 (US$ Million)
7.4 Others
7.4.1 Overview
7.4.2 Others Market Revenue and Forecast to 2030 (US$ Million)
8. South & Central America Heat Exchanger Market Analysis – Material
8.1 Steel
8.1.1 Overview
8.1.2 Steel Market Revenue, and Forecast to 2030 (US$ Million)
8.2 Copper
8.2.1 Overview
8.2.2 Copper Market Revenue, and Forecast to 2030 (US$ Million)
8.3 Others
8.3.1 Overview
8.3.2 Others Market Revenue, and Forecast to 2030 (US$ Million)
9. South & Central America Heat Exchanger Market Analysis – Application
9.1 Energy
9.1.1 Overview
9.1.2 Energy Market Revenue, and Forecast to 2030 (US$ Million)
9.2 Chemical
9.2.1 Overview
9.2.2 Chemical Market Revenue, and Forecast to 2030 (US$ Million)
9.3 Food and Beverages
9.3.1 Overview
9.3.2 Food and Beverages Market Revenue, and Forecast to 2030 (US$ Million)
9.4 HVACR
9.4.1 Overview
9.4.2 HVACR Market Revenue, and Forecast to 2030 (US$ Million)
9.5 Pulp and Paper
9.5.1 Overview
9.5.2 Pulp and Paper Market Revenue, and Forecast to 2030 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others Market Revenue, and Forecast to 2030 (US$ Million)
10. South & Central America Heat Exchanger Market – by Country Analysis
10.1 South America
10.1.1 South America Heat Exchanger Market Overview
10.1.2 South America Heat Exchanger Market Revenue and Forecasts and Analysis – By Country
10.1.2.1 South America Heat Exchanger Market Revenue and Forecasts and Analysis – By Country
10.1.2.2 Brazil Heat Exchanger Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.2.1 Brazil Heat Exchanger Market Breakdown by Type
10.1.2.2.2 Brazil Heat Exchanger Market Breakdown by Material
10.1.2.2.3 Brazil Heat Exchanger Market Breakdown by Application
10.1.2.3 Argentina Heat Exchanger Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.3.1 Argentina Heat Exchanger Market Breakdown by Type
10.1.2.3.2 Argentina Heat Exchanger Market Breakdown by Material
10.1.2.3.3 Argentina Heat Exchanger Market Breakdown by Application
10.1.2.4 Columbia Heat Exchanger Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.4.1 Columbia Heat Exchanger Market Breakdown by Type
10.1.2.4.2 Columbia Heat Exchanger Market Breakdown by Material
10.1.2.4.3 Columbia Heat Exchanger Market Breakdown by Application
10.1.2.5 Rest of South & Central America Heat Exchanger Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.5.1 Rest of SAM Heat Exchanger Market Breakdown by Type
10.1.2.5.2 Rest of South & Central America Heat Exchanger Market Breakdown by Material
10.1.2.5.3 Rest of South & Central America Heat Exchanger Market Breakdown by Application
11. Competitive Landscape
11.1 Heat Map Analysis by Key Players
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Product Development
13. Company Profiles
13.1 Alfa Laval AB
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Danfoss AS
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 API Heat Transfer Inc
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Chart Industries Inc
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Guntner GmbH & Co KG
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Johnson Controls International Plc
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Xylem Inc
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
14. Appendix
14.1 About the Research Team
14.2 Word Index

LIST OF TABLES

Table 1. Heat exchanger Market Segmentation
Table 2. Heat exchanger Market Segmentation, By Country
Table 3. Ecosystem: Heat exchanger Market
Table 4. Impact Analysis of Drivers and Restraints
Table 5. South & Central America Heat Exchanger Market Revenue and Forecasts to 2030 (US$ Million)
Table 6. South & Central America Heat exchanger Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 7. South & Central America Heat exchanger Market Revenue and Forecasts to 2030 (US$ Million) – Material
Table 8. South & Central America Heat exchanger Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 9. South America Heat Exchanger Market Revenue and Forecasts to 2030 (US$ Mn) – By Country
Table 10. Brazil Heat Exchanger Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 11. Brazil Heat Exchanger Market Revenue and Forecasts to 2030 (US$ Mn) – By Material
Table 12. Brazil Heat Exchanger Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 13. Argentina Heat Exchanger Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 14. Argentina Heat Exchanger Market Revenue and Forecasts to 2030 (US$ Mn) – By Material
Table 15. Argentina Heat Exchanger Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 16. Columbia Heat Exchanger Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 17. Columbia Heat Exchanger Market Revenue and Forecasts to 2030 (US$ Mn) – By Material
Table 18. Columbia Heat Exchanger Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 19. Rest of South & Central America Heat Exchanger Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 20. Rest of South & Central America Heat Exchanger Market Revenue and Forecasts to 2030 (US$ Mn) – By Material
Table 21. Rest of South & Central America Heat Exchanger Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 22. Heat Map Analysis By Key Players
Table 23. List of Abbreviation

LIST OF FIGURES

Figure 1. South & Central America Heat Exchanger Market Revenue (US$ Million), 2022 – 2030
Figure 2. South & Central America Heat Exchanger Market Share (%) – Type, 2022 and 2030
Figure 3. Shell and Tube market revenue and Forecasts to 2030 (us$ million)
Figure 4. Plate and Frame Market Revenue and Forecasts to 2030 (US$ Million)
Figure 5. Air Cooled Market Revenue and Forecasts to 2030 (US$ Million)
Figure 6. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 7. South & Central America Heat Exchanger Market Share (%) – Material, 2022 and 2030
Figure 8. Steel Market Revenue and Forecasts to 2030 (US$ Million)
Figure 9. Copper Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 11. South & Central America Heat exchanger Market Share (%) – Application, 2022 and 2030
Figure 12. Energy Market Revenue and Forecasts to 2030 (US$ Million)
Figure 13. Chemical Market Revenue and Forecasts to 2030 (US$ Million)
Figure 14. Food and Beverages Market Revenue and Forecasts to 2030 (US$ Million)
Figure 15. HVACR Market Revenue and Forecasts to 2030 (US$ Million)
Figure 16. Pulp and Paper Market Revenue and Forecasts to 2030 (US$ Million)
Figure 17. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 18. South America Heat Exchanger Market, by Key Countries – Revenue (2022) (US$ Million)
Figure 19. Heat Exchanger Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 20. Brazil Heat Exchanger Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 21. Argentina Heat Exchanger Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 22. Columbia Heat Exchanger Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 23. Rest of South & Central America Heat Exchanger Market Revenue and Forecasts to 2030 (US$ Mn)

The List of Companies – South & Central America Heat Exchanger Market

1. Alfa Laval AB
2. API Heat Transfer Inc
3. Chart Industries Inc
4. Danfoss AS
5. Guntner GmbH & Co KG
6. Johnson Controls International Plc
7. Xylem Inc

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