Europe Brazed Plate Heat Exchangers Market Forecast to 2030

Europe Brazed Plate Heat Exchangers Market Forecast to 2030 – Regional Analysis – by Product (Single Circuit and Multi Circuit), Application (Condenser, Economizer, Evaporator, and Others), and End-Use Industry (HVACR, Chemical, Food & Beverage, Power, Heavy Industries, IT & Telecommunication, and Others)

Send Enquiry

$2,840$4,440

Description

The Europe brazed plate heat exchangers market was valued at US$ 364.64 million in 2022 and is expected to reach US$ 699.86 million by 2030; it is estimated to register a CAGR of 8.5% from 2022 to 2030.

Increasing Usage of Brazed Plate Heat Exchangers in HVACR Industry Drives Europe Brazed Plate Heat Exchangers Market

Brazed plate heat exchangers are becoming increasingly popular in the HVACR industry due to their numerous advantages over traditional heat exchangers. Brazed plate heat exchangers can achieve thermal efficiencies of up to 95%, making them more efficient than other types of heat exchangers, such as shell-and-tube heat exchangers, which can lead to significant energy savings for HVACR applications. Brazed plate heat exchangers are much smaller and lighter than other types of heat exchangers, making them easier to install and transport. It is essential for HVACR applications, where space is often limited. Brazed plate heat exchangers are highly durable and reliable, making them ideal for demanding HVACR applications. They are also resistant to corrosion and fouling. Brazed plate heat exchangers are used in chillers and heat pumps to transfer heat between the refrigerant and the water or air that is being cooled or heated. Also, these are used in air handlers to transfer heat between the hot or cold water that is being circulated and the air that is being supplied to the building. Various companies are launching these exchangers for HVACR applications. In 2021, Trane launched a new line of air handlers that use brazed plate heat exchangers. These air handlers are more efficient and reliable than traditional air handlers, and they provide superior indoor air quality. Also, in 2022, Daikin launched a new line of condensing units that use brazed plate heat exchangers. These condensing units are more efficient and reliable than traditional condensing units, and they operate more quietly. Hence, the increasing usage of brazed plate heat exchangers in the HVACR industry is anticipated to create a substantial opportunity for the brazed plate heat exchanger market in the coming years.

Europe Brazed Plate Heat Exchangers Market Overview

The Europe brazed plate heat exchanger market is segmented into Germany, France, Italy, Russia, the UK, and the Rest of Europe. Several players across Europe are launching brazed plate heat exchangers. For instance, as of February 2022, Alfa Laval launched the Alfa Laval AC540 brazed plate heat exchanger with designs that are particularly optimized to work with R32, CO2, and other low-GWP refrigerants. The product addresses the changes that are reshaping the quickly evolving world of refrigerants.

Moreover, there is a wide presence of key players in the region. For example, Kelvion Holding GmbH manufactures customized brazed plate heat exchanger solutions for a wide variety of applications. The manufactured products are used in various applications such as heating/hot water systems, district heating systems, evaporators, sub coolers, capacitors, economizers, and oil coolers. Thus, such product developments by manufacturers of brazed plate heat exchangers propelled the growth of the brazed plate heat exchanger market.

Europe Brazed Plate Heat Exchangers Market Revenue and Forecast to 2030 (US$ Million)

Europe Brazed Plate Heat Exchangers Market Segmentation

The Europe brazed plate heat exchangers market is categorized into product, application, end-use industry, and country.

Based on product, the Europe brazed plate heat exchangers market is bifurcated into single circuit and multi circuit. The multi circuit segment held a larger market share in 2022.

In terms of application, the Europe brazed plate heat exchangers market is segmented into condenser, economizer, evaporator, and others. The evaporator segment held the largest market share in 2022.

By end-use industry, the Europe brazed plate heat exchangers market is segmented into HVACR, chemical, food & beverage, power, heavy industries, IT & telecommunication, others. The HVACR segment held the largest market share in 2022.

By country, the Europe brazed plate heat exchangers market is segmented into Germany, France, Italy, Russia, the UK, and the Rest of Europe. Germany dominated the Europe brazed plate heat exchangers market share in 2022.

Alfa Laval AB, Chart Industries Inc, Danfoss AS, Kelvion Holding GmbH, Paul Mueller Co, SWEP International AB, and Xylem Inc are among the leading companies operating in the Europe brazed plate heat exchangers market.

Summary Info

Industry:

Pricing options:

, ,

Geographical coverage:

Year of Publication:

At 8.5% CAGR, Europe Brazed Plate Heat Exchangers Market is Speculated to be worth US$ 699.86 million by 2030, says the Research Team

According to the Research Team’ research, the Europe brazed plate heat exchangers market was valued at US$ 364.64 million in 2022 and is projected to reach US$ 699.86 million by 2030, registering a CAGR of 8.5% from 2022 to 2030. Growing pharmaceutical industry and increasing adoption of new technologies are among the critical factors attributed to drive the Europe brazed plate heat exchangers market growth.

New technologies are creating new applications for brazed plate heat exchangers, making brazed plate heat exchangers more efficient and reliable. For example, brazed plate heat exchangers are being used in new types of energy storage systems and to recycle waste heat from industrial processes. Also, new brazing materials and manufacturing processes are making it possible to develop brazed plate heat exchangers that can withstand higher temperatures and pressures. Brazed plate heat exchangers are being used in thermal batteries, phase change material (PCM) storage systems, and other new types of energy storage systems. These energy storage systems can store heat or cold energy for later use, which can help to enhance energy efficiency and reduce energy costs. They are used to recycle waste heat from industrial processes. This waste heat can be used to generate electricity, heat buildings, or provide hot water for industrial processes. New brazing materials and manufacturing processes are making it easy to develop brazed plate heat exchangers that can withstand higher temperatures and pressures. It is creating new opportunities for brazed plate heat exchangers in various industries, such as power generation, oil & gas, and petrochemicals. New technologies are creating applications for brazed plate heat exchangers, making them more efficient, reliable, and affordable. Thus, the increasing adoption of new technologies is likely to create a major opportunity for the brazed plate heat exchanger market in the coming years.

On the contrary, limited availability of skilled technicians hampers the growth of Europe brazed plate heat exchangers market.

Based on product, the Europe brazed plate heat exchangers market is bifurcated into single circuit and multi circuit. The multi circuit segment held 70.1% market share in 2022, amassing US$ 255.43 million. It is projected to garner US$ 499.18 million by 2030 to register 8.7% CAGR during 2022-2030.

In terms of application, the Europe brazed plate heat exchangers market is segmented into condenser, economizer, evaporator, and others. The evaporator segment held 52.1% share of Europe brazed plate heat exchangers market in 2022, amassing US$ 190.02 million. It is anticipated to garner US$ 365.12 million by 2030 to expand at 8.5% CAGR during 2022-2030.

By end-use industry, the Europe brazed plate heat exchangers market is divided into HVACR, chemical, food & beverage, power, heavy industries, IT & telecommunication, others. The HVACR segment held 36.4% share of Europe brazed plate heat exchangers market in 2022, amassing US$ 132.55 million. It is projected to garner US$ 279.42 million by 2030 to expand at 9.8% CAGR from 2022 to 2030.

Based on country, the Europe brazed plate heat exchangers market is categorized into Germany, France, Italy, Russia, the UK, and the Rest of Europe. Our regional analysis states that Germany captured 27.2% share of Europe brazed plate heat exchangers market in 2022. It was assessed at US$ 99.29 million in 2022 and is likely to hit US$ 206.81 million by 2030, registering a CAGR of 9.6% during 2022-2030.

Key players operating in the Europe brazed plate heat exchangers market are Alfa Laval AB, Chart Industries Inc, Danfoss AS, Kelvion Holding GmbH, Paul Mueller Co, SWEP International AB, and Xylem Inc, among others.

In August 2023, SWEP launched the B8DW unit as the latest addition to the range of double wall heat exchangers, designed for applications requiring improved leak protection.

In February 2022, Alfa Laval launched the new Alfa Laval AC540 brazed plate heat exchanger at its first online net-zero launch event, where it showcased new, cutting-edge thinking in energy-efficiency, clean energy, and circular-economy solutions.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe brazed plate heat exchangers 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 Europe brazed plate heat exchangers 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 Europe market trends and outlook coupled with the factors driving the Europe brazed plate heat exchangers 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. Europe Brazed Plate Heat Exchangers Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 Component Providers:
4.2.2 Manufacturers:
4.2.3 Distributors or Suppliers:
4.2.4 End-User Industries:
4.2.5 List of Vendors in the Value Chain:
5. Europe Brazed Plate Heat Exchangers Market – Key Market Dynamics
5.1 Europe Brazed Plate Heat Exchangers Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Growing Pharmaceutical Industry
5.2.2 Increasing Usage of Brazed Plate Heat Exchangers in HVACR Industry
5.2.3 Growth in Number of Renewable Energy Projects
5.3 Market Restraints
5.3.1 Limited Availability of Skilled Technicians
5.3.2 Risk of Corrosion
5.4 Market Opportunities
5.4.1 Increasing Adoption of New Technologies
5.4.2 Increasing Government Initiatives for Energy Efficiency
5.5 Future Trends
5.5.1 Increasing Focus on Compact and Lightweight Designs
5.6 Impact of Drivers and Restraints:
6. Brazed Plate Heat Exchangers Market – Europe Market Analysis
6.1 Europe Brazed Plate Heat Exchangers Market Revenue (US$ Million), 2020 – 2030
6.2 Europe Brazed Plate Heat Exchangers Market Forecast and Analysis
7. Europe Brazed Plate Heat Exchangers Market Analysis – Product
7.1 Single Circuit
7.1.1 Overview
7.1.2 Single Circuit Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Multi Circuit
7.2.1 Overview
7.2.2 Multi Circuit Market, Revenue and Forecast to 2030 (US$ Million)
8. Europe Brazed Plate Heat Exchangers Market Analysis – Application
8.1 Condenser
8.1.1 Overview
8.1.2 Condenser Market, Revenue and Forecast to 2030 (US$ Million)
8.2 Economizer
8.2.1 Overview
8.2.2 Economizer Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Evaporator
8.3.1 Overview
8.3.2 Evaporator Market, Revenue and Forecast to 2030 (US$ Million)
8.4 Others
8.4.1 Overview
8.4.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
9. Europe Brazed Plate Heat Exchangers Market Analysis – End-Use Industry
9.1 HVACR
9.1.1 Overview
9.1.2 HVACR Market, Revenue and Forecast to 2030 (US$ Million)
9.1.3 Key Suppliers
9.1.4 Key End Users
9.2 Chemical
9.2.1 Overview
9.2.2 Chemical Market, Revenue and Forecast to 2030 (US$ Million)
9.2.3 Key Suppliers
9.2.4 Key End Users
9.3 Food & Beverage
9.3.1 Overview
9.3.2 Food & Beverage Market, Revenue and Forecast to 2030 (US$ Million)
9.3.3 Key Suppliers
9.3.4 Key End Users
9.4 Power
9.4.1 Overview
9.4.2 Power Market, Revenue and Forecast to 2030 (US$ Million)
9.4.3 Key Suppliers
9.4.4 Key End Users
9.5 Heavy Industries
9.5.1 Overview
9.5.2 Heavy Industries Market, Revenue and Forecast to 2030 (US$ Million)
9.5.3 Key Suppliers
9.5.4 Key End Users
9.6 IT & Telecommunication
9.6.1 Overview
9.6.2 IT & Telecommunication Market, Revenue and Forecast to 2030 (US$ Million)
9.6.3 Key Suppliers
9.6.4 Key End Users
9.7 Others
9.7.1 Overview
9.7.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
9.7.3 Key Suppliers
9.7.4 Key End Users
10. Europe Brazed Plate Heat Exchangers Market – Country Analysis
10.1 Europe
10.1.1 Europe Brazed Plate Heat Exchangers Market Overview
10.1.2 Europe Brazed Plate Heat Exchangers Market Revenue and Forecasts and Analysis – By Country
10.1.2.1 Europe Brazed Plate Heat Exchangers Market Revenue and Forecasts and Analysis – By Country
10.1.2.2 Germany Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.2.1 Germany Brazed Plate Heat Exchangers Market Breakdown, by Product
10.1.2.2.2 Germany Brazed Plate Heat Exchangers Market Breakdown, by Application
10.1.2.2.3 Germany Brazed Plate Heat Exchangers Market Breakdown, by End-Use Industry
10.1.2.3 France Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.3.1 France Brazed Plate Heat Exchangers Market Breakdown, by Product
10.1.2.3.2 France Brazed Plate Heat Exchangers Market Breakdown, by Application
10.1.2.3.3 France Brazed Plate Heat Exchangers Market Breakdown, by End-Use Industry
10.1.2.4 Italy Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.4.1 Italy Brazed Plate Heat Exchangers Market Breakdown, by Product
10.1.2.4.2 Italy Brazed Plate Heat Exchangers Market Breakdown, by Application
10.1.2.4.3 Italy Brazed Plate Heat Exchangers Market Breakdown, by End-Use Industry
10.1.2.5 UK Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.5.1 UK Brazed Plate Heat Exchangers Market Breakdown, by Product
10.1.2.5.2 UK Brazed Plate Heat Exchangers Market Breakdown, by Application
10.1.2.5.3 UK Brazed Plate Heat Exchangers Market Breakdown, by End-Use Industry
10.1.2.6 Russia Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.6.1 Russia Brazed Plate Heat Exchangers Market Breakdown, by Product
10.1.2.6.2 Russia Brazed Plate Heat Exchangers Market Breakdown, by Application
10.1.2.6.3 Russia Brazed Plate Heat Exchangers Market Breakdown, by End-Use Industry
10.1.2.7 Rest of Europe Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.7.1 Rest of Europe Brazed Plate Heat Exchangers Market Breakdown, by Product
10.1.2.7.2 Rest of Europe Brazed Plate Heat Exchangers Market Breakdown, by Application
10.1.2.7.3 Rest of Europe Brazed Plate Heat Exchangers Market Breakdown, by End-Use Industry
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 Alfa Laval AB
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Chart Industries Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Danfoss AS
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Kelvion Holding GmbH
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Paul Mueller Co
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 SWEP International AB
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Xylem Inc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix
13.1 Word Index

LIST OF TABLES

Table 1. Europe Brazed Plate Heat Exchangers Market Segmentation
Table 2. Europe Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. Europe Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Million) – Product
Table 4. Europe Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 5. Europe Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Million) – End-Use Industry
Table 6. Europe Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Country
Table 7. Germany Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Product
Table 8. Germany Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 9. Germany Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn) – By End-Use Industry
Table 10. France Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Product
Table 11. France Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 12. France Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn) – By End-Use Industry
Table 13. Italy Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Product
Table 14. Italy Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 15. Italy Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn) – By End-Use Industry
Table 16. UK Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Product
Table 17. UK Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 18. UK Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn) – By End-Use Industry
Table 19. Russia Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Product
Table 20. Russia Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 21. Russia Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn) – By End-Use Industry
Table 22. Rest of Europe Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Product
Table 23. Rest of Europe Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 24. Rest of Europe Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn) – By End-Use Industry
Table 25. List of Abbreviation
 

LIST OF FIGURES

Figure 1. Europe Brazed Plate Heat Exchangers Market Segmentation, By Country
Figure 2. Ecosystem: Brazed Plate Heat Exchangers Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Europe Brazed Plate Heat Exchangers Market Revenue (US$ Million), 2020 – 2030
Figure 5. Europe Brazed Plate Heat Exchangers Market Share (%) – Product, 2022 and 2030
Figure 6. Single Circuit Market Revenue and Forecasts to 2030 (US$ Million)
Figure 7. Multi Circuit Market Revenue and Forecasts to 2030 (US$ Million)
Figure 8. Europe Brazed Plate Heat Exchangers Market Share (%) – Application, 2022 and 2030
Figure 9. Condenser Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10. Economizer Market Revenue and Forecasts to 2030 (US$ Million)
Figure 11. Evaporator Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 13. Europe Brazed Plate Heat Exchangers Market Share (%) – End-Use Industry, 2022 and 2030
Figure 14. HVACR Market Revenue and Forecasts to 2030 (US$ Million)
Figure 15. Chemical Market Revenue and Forecasts to 2030 (US$ Million)
Figure 16. Food & Beverage Market Revenue and Forecasts to 2030 (US$ Million)
Figure 17. Power Market Revenue and Forecasts to 2030 (US$ Million)
Figure 18. Heavy Industries Market Revenue and Forecasts to 2030 (US$ Million)
Figure 19. IT & Telecommunication Market Revenue and Forecasts to 2030 (US$ Million)
Figure 20. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 21. Europe Brazed Plate Heat Exchangers Market, By Key Country – Revenue (2022) (US$ Million)
Figure 22. Europe Brazed Plate Heat Exchangers Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 23. Germany Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 24. France Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 25. Italy Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 26. UK Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 27. Russia Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 28. Rest of Europe Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn)

The List of Companies – Europe Brazed Plate Heat Exchangers Market

1. Alfa Laval AB
2. Chart Industries Inc
3. Danfoss AS
4. Kelvion Holding GmbH
5. Paul Mueller Co
6. SWEP International AB
7. Xylem Inc

Reviews

There are no reviews yet.

Be the first to review “Europe Brazed Plate Heat Exchangers Market Forecast to 2030”