Global Cooling Tower Market Research Report 2024(Status and Outlook)

Global Cooling Tower Market Research Report 2024(Status and Outlook)



Report Overview:

A cooling tower is a specialized heat exchanger in which air and water are brought into direct contact with each other in order to reduce the water's temperature. As this occurs, a small volume of water is evaporated, reducing the temperature of the water being circulated through the tower.

The Global Cooling Tower Market Size was estimated at USD 3222.86 million in 2023 and is projected to reach USD 3916.01 million by 2029, exhibiting a CAGR of 3.30% during the forecast period.

This report provides a deep insight into the global Cooling Tower market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Cooling Tower Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Cooling Tower market in any manner.

Global Cooling Tower Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Baltimore Aircoil Company Inc.

Enexio

Hamon & CIE International SA

Spig S.P.A.

SPX Corporation

Bell Cooling Tower

Brentwood Industries

Johnson Controls Inc.

Paharpur Cooling Tower Limited

Star Cooling Towers Pvt. Ltd.

Market Segmentation (by Type)

Evaporative Cooling Tower

Dry Cooling Tower

Hybrid Cooling Tower

Market Segmentation (by Application)

Chemicals

Petrochemicals and oil & gas

HVACR

Food & beverages

Power generation

Others

Geographic Segmentation
  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Cooling Tower Market
  • Overview of the regional outlook of the Cooling Tower Market:
Key Reasons to Buy this Report:
  • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 6-month post-sales analyst support
Customization of the Report

In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.

Note: this report may need to undergo a final check or review and this could take about 48 hours.

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Cooling Tower Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Cooling Tower
1.2 Key Market Segments
1.2.1 Cooling Tower Segment by Type
1.2.2 Cooling Tower Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Cooling Tower Market Overview
2.1 Global Market Overview
2.1.1 Global Cooling Tower Market Size (M USD) Estimates and Forecasts (2019-2030)
2.1.2 Global Cooling Tower Sales Estimates and Forecasts (2019-2030)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Cooling Tower Market Competitive Landscape
3.1 Global Cooling Tower Sales by Manufacturers (2019-2024)
3.2 Global Cooling Tower Revenue Market Share by Manufacturers (2019-2024)
3.3 Cooling Tower Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Cooling Tower Average Price by Manufacturers (2019-2024)
3.5 Manufacturers Cooling Tower Sales Sites, Area Served, Product Type
3.6 Cooling Tower Market Competitive Situation and Trends
3.6.1 Cooling Tower Market Concentration Rate
3.6.2 Global 5 and 10 Largest Cooling Tower Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Cooling Tower Industry Chain Analysis
4.1 Cooling Tower Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Cooling Tower Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Cooling Tower Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Cooling Tower Sales Market Share by Type (2019-2024)
6.3 Global Cooling Tower Market Size Market Share by Type (2019-2024)
6.4 Global Cooling Tower Price by Type (2019-2024)
7 Cooling Tower Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Cooling Tower Market Sales by Application (2019-2024)
7.3 Global Cooling Tower Market Size (M USD) by Application (2019-2024)
7.4 Global Cooling Tower Sales Growth Rate by Application (2019-2024)
8 Cooling Tower Market Segmentation by Region
8.1 Global Cooling Tower Sales by Region
8.1.1 Global Cooling Tower Sales by Region
8.1.2 Global Cooling Tower Sales Market Share by Region
8.2 North America
8.2.1 North America Cooling Tower Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Cooling Tower Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Cooling Tower Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Cooling Tower Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Cooling Tower Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Baltimore Aircoil Company Inc.
9.1.1 Baltimore Aircoil Company Inc. Cooling Tower Basic Information
9.1.2 Baltimore Aircoil Company Inc. Cooling Tower Product Overview
9.1.3 Baltimore Aircoil Company Inc. Cooling Tower Product Market Performance
9.1.4 Baltimore Aircoil Company Inc. Business Overview
9.1.5 Baltimore Aircoil Company Inc. Cooling Tower SWOT Analysis
9.1.6 Baltimore Aircoil Company Inc. Recent Developments
9.2 Enexio
9.2.1 Enexio Cooling Tower Basic Information
9.2.2 Enexio Cooling Tower Product Overview
9.2.3 Enexio Cooling Tower Product Market Performance
9.2.4 Enexio Business Overview
9.2.5 Enexio Cooling Tower SWOT Analysis
9.2.6 Enexio Recent Developments
9.3 Hamon and CIE International SA
9.3.1 Hamon and CIE International SA Cooling Tower Basic Information
9.3.2 Hamon and CIE International SA Cooling Tower Product Overview
9.3.3 Hamon and CIE International SA Cooling Tower Product Market Performance
9.3.4 Hamon and CIE International SA Cooling Tower SWOT Analysis
9.3.5 Hamon and CIE International SA Business Overview
9.3.6 Hamon and CIE International SA Recent Developments
9.4 Spig S.P.A.
9.4.1 Spig S.P.A. Cooling Tower Basic Information
9.4.2 Spig S.P.A. Cooling Tower Product Overview
9.4.3 Spig S.P.A. Cooling Tower Product Market Performance
9.4.4 Spig S.P.A. Business Overview
9.4.5 Spig S.P.A. Recent Developments
9.5 SPX Corporation
9.5.1 SPX Corporation Cooling Tower Basic Information
9.5.2 SPX Corporation Cooling Tower Product Overview
9.5.3 SPX Corporation Cooling Tower Product Market Performance
9.5.4 SPX Corporation Business Overview
9.5.5 SPX Corporation Recent Developments
9.6 Bell Cooling Tower
9.6.1 Bell Cooling Tower Cooling Tower Basic Information
9.6.2 Bell Cooling Tower Cooling Tower Product Overview
9.6.3 Bell Cooling Tower Cooling Tower Product Market Performance
9.6.4 Bell Cooling Tower Business Overview
9.6.5 Bell Cooling Tower Recent Developments
9.7 Brentwood Industries
9.7.1 Brentwood Industries Cooling Tower Basic Information
9.7.2 Brentwood Industries Cooling Tower Product Overview
9.7.3 Brentwood Industries Cooling Tower Product Market Performance
9.7.4 Brentwood Industries Business Overview
9.7.5 Brentwood Industries Recent Developments
9.8 Johnson Controls Inc.
9.8.1 Johnson Controls Inc. Cooling Tower Basic Information
9.8.2 Johnson Controls Inc. Cooling Tower Product Overview
9.8.3 Johnson Controls Inc. Cooling Tower Product Market Performance
9.8.4 Johnson Controls Inc. Business Overview
9.8.5 Johnson Controls Inc. Recent Developments
9.9 Paharpur Cooling Tower Limited
9.9.1 Paharpur Cooling Tower Limited Cooling Tower Basic Information
9.9.2 Paharpur Cooling Tower Limited Cooling Tower Product Overview
9.9.3 Paharpur Cooling Tower Limited Cooling Tower Product Market Performance
9.9.4 Paharpur Cooling Tower Limited Business Overview
9.9.5 Paharpur Cooling Tower Limited Recent Developments
9.10 Star Cooling Towers Pvt. Ltd.
9.10.1 Star Cooling Towers Pvt. Ltd. Cooling Tower Basic Information
9.10.2 Star Cooling Towers Pvt. Ltd. Cooling Tower Product Overview
9.10.3 Star Cooling Towers Pvt. Ltd. Cooling Tower Product Market Performance
9.10.4 Star Cooling Towers Pvt. Ltd. Business Overview
9.10.5 Star Cooling Towers Pvt. Ltd. Recent Developments
10 Cooling Tower Market Forecast by Region
10.1 Global Cooling Tower Market Size Forecast
10.2 Global Cooling Tower Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Cooling Tower Market Size Forecast by Country
10.2.3 Asia Pacific Cooling Tower Market Size Forecast by Region
10.2.4 South America Cooling Tower Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Cooling Tower by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Cooling Tower Market Forecast by Type (2025-2030)
11.1.1 Global Forecasted Sales of Cooling Tower by Type (2025-2030)
11.1.2 Global Cooling Tower Market Size Forecast by Type (2025-2030)
11.1.3 Global Forecasted Price of Cooling Tower by Type (2025-2030)
11.2 Global Cooling Tower Market Forecast by Application (2025-2030)
11.2.1 Global Cooling Tower Sales (K Units) Forecast by Application
11.2.2 Global Cooling Tower Market Size (M USD) Forecast by Application (2025-2030)
12 Conclusion and Key Findings

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