A shell and tube heat exchanger is a class of heat exchanger designs. It is the most common type of heat exchanger in oil refineries and other large chemical processes, and is suited for higher-pressure applications. As its name implies, this type of heat exchanger consists of a shell (a large pressure vessel) with a bundle of tubes inside it. One fluid runs through the tubes, and another fluid flows over the tubes (through the shell) to transfer heat between the two fluids. The set of tubes is called a tube bundle, and may be composed of several types of tubes: plain, longitudinally finned, etc.
The European region is dominant in the shell & tube heat exchangers market. The rising demand for shell & tube heat exchangers in this region is mainly driven by its strong demand in the chemicals application. The North American region is the second largest consumer and manufacturer of shell & tube heat exchangers, globally. The market in this region is mainly driven by the growing opportunities from oil & gas industry and also from the fastest growing chemicals industry. The chemicals and petrochemicals and oil & gas applications are the top two applications contributing to the growing demand for shell & tube heat exchangers in North America. RoW is expected to be the fastest growing region between 2018 and 2023.
The global Shell & Tube Heat Exchanger market was valued at 6090 million US$ in 2018 and will reach 9280 million US$ by the end of 2025, growing at a CAGR of 5.4% during 2019-2025.
This report focuses on Shell & Tube Heat Exchanger volume and value at global level, regional level and company level. From a global perspective, this report represents overall Shell & Tube Heat Exchanger market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Shell & Tube Heat Exchanger in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Shell & Tube Heat Exchanger manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
API Heat Transfer
Manning and Lewis
Kennedy Tank & Manufacturing
Hrs Heat Exchangers
Koch Heat Transfer
Southern Heat Exchanger
Segment by Regions
Segment by Type
Crossflow to Tubes
Parallelflow to Tubes
Segment by Application
Petrochemicals and oil & gas
HVAC & refrigeration
Food & beverages
Pulp & paper
Summary: Get latest Market Research Reports on Shell & Tube Heat Exchanger. Industry analysis & Market Report on Shell & Tube Heat Exchanger is a syndicated market report, published as Global Shell & Tube Heat Exchanger Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of Shell & Tube Heat Exchanger market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.