Field-Erected Cooling Tower Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Request Brochure Request Discount

Report Code: ZMR-1242 | Report Format : | Status : Upcoming |

Abstract

Global Field-Erected Cooling Tower Market: Overview

The field-erected cooling tower is specially designed to cool water by removing heat and transfer it to the atmosphere; this may be carried out through the evaporative cooling process. The field-erected cooling tower is heat rejection device that helps to reject heat to the atmosphere by lower temperature of the water. It is mostly used in various applications such as oil refineries, petrochemical, paper mills, thermal power and others. The device is widely used in steel processing plants, power plants, and petrochemical plants owing to the greater capacity of heat rejection. The field-erected cooling tower is huge in size as compared to the package-type cooling tower.

Global Field-Erected Cooling Tower Market: Growth Factors

Oil field cooling tower underwent modification and replacement by a number of renewable energy sources for power generation globally; this is the key factor responsible for the global field-erected cooling tower market growth. Increasing demand from healthcare, transport, power plants, and steel industries is anticipated to contribute to the major market growth. Government support for installation of new power plants to meet increasing demand of the population may further give rise to improved productivity of the market. However, unstable oil prices, diminishing oil & gas reservoirs, and increasing demand compared to production of steel may hinder the global field-erected cooling tower market growth.

Global Field-Erected Cooling Tower Market: Segmentation

The global field-erected cooling tower market is categorized based on type as hybrid field erected a cooling tower, wet field erected a cooling tower, and dry field erected cooling tower. Of these, wet field erected cooling tower is the leading segment across the world contributing the largest share. Based on end-users, the global market is classified as iron & steel and metallurgy, power generation, paper mills, petrochemical and oil & gas, and others. Of these, power generation is the dominating region across the world.

Global Field-Erected Cooling Tower Market: Regional Analysis

Asia Pacific is the dominating region in the global field-erected cooling tower market due to increasing urbanization and increasing energy demand across the world. Other economically developing countries such as Brazil, China, and India. However, government focus on the installation of power plants for higher generation of electricity and to compete for ever-increasing electricity demand in future may boost the global market growth. Ever increasing population and economic stability in China and India are anticipated to propel the global field-erected cooling tower market growth. Rising demand for improved electricity for the household purpose, industrial, and transport may open up new growth opportunities in future. Europe and North America contributed for the largest market chunk owing to moderate growth in these regions in next few years. The Middle East & Africa also show significant growth in the near future due to the presence of a large number of petrochemical plants. Moreover, changing the focus of this region towards tourism and healthcare has increased the demand for electricity, which is anticipated to contribute to the growth of the market.

Global Field-Erected Cooling Tower Market: Competitive Players

Key players operating in the global field erected cooling tower market are SPX Corporation, Hamon & CIE International SA, Baltimore Aircoil Company Inc., Brentwood Industries, Inc., Spig S.P.A., Evapco Inc., Enexio Management GmbH, Mesan Group and others.

Global Field-Erected Cooling Tower Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Biofuels Enzyme Market:Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

Price : $ 3999.00 | Report Code: ZMR-3189 | Report Format:

Biofuels Enzyme Market: Overview Biofuels are defined as any fuel which are renewable and sustainable and are majorly retrieved from waste plant and animal matter. Biofuels are produced by a biochemical process which employs proteins called as biofuel enzymes in order to hasten the chemical reac...Read More

Flat Carbon Steel Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016–2024

Price : $ 3999.00 | Report Code: ZMR-3185 | Report Format:

Global Flat Carbon Steel Market: Overview Carbon steel is also recognized as plain carbon; steel is an alloy that can be manufactured using the mixture of carbon and iron. Carbon steel is also referred to as steel which is not stainless steel. They also contain other metals in very small quantit...Read More

Biomethane Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025

Price : $ 3999.00 | Report Code: ZMR-3153 | Report Format:

Global Biomethane Market: Overview The global biomethane market is on a development trajectory primarily owing to the green gas feature of biomethane. Biomethane is generated by the breakdown of organic matter, which comprises green waste, agricultural waste, food industry waste, household waste...Read More

Biolubricants Market By Base Oil Type (Vegetable Oil, Animal Oil, and Others), By Application (Two-Cycle Engine Oil, Greases, Hydraulic Fluids, Metalworking Fluids, Gear Oils, Chainsaw Oils, Mold Release Agents, and Others), and By End-User (Consumer Automobile, Industrial, and Commercial Transport): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024

Jun-2018 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3124 | Report Format:

The report includes forecast and study for the biolubricant market on a global and regional level. The study comprises historic data of 2014-2016 along with a forecast from 2017 to 2024 based on revenue (USD Billion). The study encompasses drivers and restraints for the market along with their imp...Read More

Zinc Oxide Pigments Market by End-Use Industries (Paint, Agricultural, Pharmaceutical, Electronic, Rubber, Chemical, and Ceramic & Glass); by Region (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa): Global Industry Perspective, Comprehensive Analysis, and Forecast 2017-2024

Jun-2018 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3113 | Report Format:

The report covers the forecast and analysis for the zinc oxide pigments market on a global and regional level. The study provides historic data for 2015-2017 along with a forecast from 2018 to 2024 based on revenue (USD Million). The volume generated for zinc oxide pigments is given in terms of a ...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.