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

Global Cooling Towers 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 Towers Market Size was estimated at USD 3474.11 million in 2023 and is projected to reach USD 4446.82 million by 2029, exhibiting a CAGR of 4.20% during the forecast period.

This report provides a deep insight into the global Cooling Towers 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 Towers 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 Towers market in any manner.

Global Cooling Towers 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 (BAC)

SPX Cooling Technologies

EVAPCO

Seagull Cooling Technologies

KUKEN

Hamon

Paharpur Cooling Towers

Kelvion

BRAPU

ENEXIO

EBARA

Kobelco Eco-Solutions

Laxun Cooling Tower

Liang Chi Industry

Hunan Yuanheng

King Sun Industry

Zhejiang Lianfeng

Babcock & Wilcox

Mitsubishi Chemical Infratec

Feiyang Group

Kyung In Machinery

Nihon Spindle

Metso Outotec

Sinro Group

Wuxi Fangzhou

Delta Cooling Towers

Daeil Aqua

Wanxiang Refrigeration

Pengsheng Heat Transfer

Shanghai Tyacht

Market Segmentation (by Type)

Open-Circuit Cooling Towers

Closed-Circuit Cooling Towers

Market Segmentation (by Application)

Power Generation

HVAC

Oil & Gas

Chemical & Petrochemical

Food & Beverages

Metallurgical

Others

Geographic SegmentationNorth 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 Towers Market
  • Overview of the regional outlook of the Cooling Towers 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 Towers 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 Towers
    1.2 Key Market Segments
    1.2.1 Cooling Towers Segment by Type
    1.2.2 Cooling Towers 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 Towers Market Overview
    2.1 Global Market Overview
    2.1.1 Global Cooling Towers Market Size (M USD) Estimates and Forecasts (2019-2030)
    2.1.2 Global Cooling Towers Sales Estimates and Forecasts (2019-2030)
    2.2 Market Segment Executive Summary
    2.3 Global Market Size by Region
    3 Cooling Towers Market Competitive Landscape
    3.1 Global Cooling Towers Sales by Manufacturers (2019-2024)
    3.2 Global Cooling Towers Revenue Market Share by Manufacturers (2019-2024)
    3.3 Cooling Towers Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
    3.4 Global Cooling Towers Average Price by Manufacturers (2019-2024)
    3.5 Manufacturers Cooling Towers Sales Sites, Area Served, Product Type
    3.6 Cooling Towers Market Competitive Situation and Trends
    3.6.1 Cooling Towers Market Concentration Rate
    3.6.2 Global 5 and 10 Largest Cooling Towers Players Market Share by Revenue
    3.6.3 Mergers & Acquisitions, Expansion
    4 Cooling Towers Industry Chain Analysis
    4.1 Cooling Towers 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 Towers 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 Towers Market Segmentation by Type
    6.1 Evaluation Matrix of Segment Market Development Potential (Type)
    6.2 Global Cooling Towers Sales Market Share by Type (2019-2024)
    6.3 Global Cooling Towers Market Size Market Share by Type (2019-2024)
    6.4 Global Cooling Towers Price by Type (2019-2024)
    7 Cooling Towers Market Segmentation by Application
    7.1 Evaluation Matrix of Segment Market Development Potential (Application)
    7.2 Global Cooling Towers Market Sales by Application (2019-2024)
    7.3 Global Cooling Towers Market Size (M USD) by Application (2019-2024)
    7.4 Global Cooling Towers Sales Growth Rate by Application (2019-2024)
    8 Cooling Towers Market Segmentation by Region
    8.1 Global Cooling Towers Sales by Region
    8.1.1 Global Cooling Towers Sales by Region
    8.1.2 Global Cooling Towers Sales Market Share by Region
    8.2 North America
    8.2.1 North America Cooling Towers Sales by Country
    8.2.2 U.S.
    8.2.3 Canada
    8.2.4 Mexico
    8.3 Europe
    8.3.1 Europe Cooling Towers 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 Towers 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 Towers 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 Towers 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 (BAC)
    9.1.1 Baltimore Aircoil Company (BAC) Cooling Towers Basic Information
    9.1.2 Baltimore Aircoil Company (BAC) Cooling Towers Product Overview
    9.1.3 Baltimore Aircoil Company (BAC) Cooling Towers Product Market Performance
    9.1.4 Baltimore Aircoil Company (BAC) Business Overview
    9.1.5 Baltimore Aircoil Company (BAC) Cooling Towers SWOT Analysis
    9.1.6 Baltimore Aircoil Company (BAC) Recent Developments
    9.2 SPX Cooling Technologies
    9.2.1 SPX Cooling Technologies Cooling Towers Basic Information
    9.2.2 SPX Cooling Technologies Cooling Towers Product Overview
    9.2.3 SPX Cooling Technologies Cooling Towers Product Market Performance
    9.2.4 SPX Cooling Technologies Business Overview
    9.2.5 SPX Cooling Technologies Cooling Towers SWOT Analysis
    9.2.6 SPX Cooling Technologies Recent Developments
    9.3 EVAPCO
    9.3.1 EVAPCO Cooling Towers Basic Information
    9.3.2 EVAPCO Cooling Towers Product Overview
    9.3.3 EVAPCO Cooling Towers Product Market Performance
    9.3.4 EVAPCO Cooling Towers SWOT Analysis
    9.3.5 EVAPCO Business Overview
    9.3.6 EVAPCO Recent Developments
    9.4 Seagull Cooling Technologies
    9.4.1 Seagull Cooling Technologies Cooling Towers Basic Information
    9.4.2 Seagull Cooling Technologies Cooling Towers Product Overview
    9.4.3 Seagull Cooling Technologies Cooling Towers Product Market Performance
    9.4.4 Seagull Cooling Technologies Business Overview
    9.4.5 Seagull Cooling Technologies Recent Developments
    9.5 KUKEN
    9.5.1 KUKEN Cooling Towers Basic Information
    9.5.2 KUKEN Cooling Towers Product Overview
    9.5.3 KUKEN Cooling Towers Product Market Performance
    9.5.4 KUKEN Business Overview
    9.5.5 KUKEN Recent Developments
    9.6 Hamon
    9.6.1 Hamon Cooling Towers Basic Information
    9.6.2 Hamon Cooling Towers Product Overview
    9.6.3 Hamon Cooling Towers Product Market Performance
    9.6.4 Hamon Business Overview
    9.6.5 Hamon Recent Developments
    9.7 Paharpur Cooling Towers
    9.7.1 Paharpur Cooling Towers Cooling Towers Basic Information
    9.7.2 Paharpur Cooling Towers Cooling Towers Product Overview
    9.7.3 Paharpur Cooling Towers Cooling Towers Product Market Performance
    9.7.4 Paharpur Cooling Towers Business Overview
    9.7.5 Paharpur Cooling Towers Recent Developments
    9.8 Kelvion
    9.8.1 Kelvion Cooling Towers Basic Information
    9.8.2 Kelvion Cooling Towers Product Overview
    9.8.3 Kelvion Cooling Towers Product Market Performance
    9.8.4 Kelvion Business Overview
    9.8.5 Kelvion Recent Developments
    9.9 BRAPU
    9.9.1 BRAPU Cooling Towers Basic Information
    9.9.2 BRAPU Cooling Towers Product Overview
    9.9.3 BRAPU Cooling Towers Product Market Performance
    9.9.4 BRAPU Business Overview
    9.9.5 BRAPU Recent Developments
    9.10 ENEXIO
    9.10.1 ENEXIO Cooling Towers Basic Information
    9.10.2 ENEXIO Cooling Towers Product Overview
    9.10.3 ENEXIO Cooling Towers Product Market Performance
    9.10.4 ENEXIO Business Overview
    9.10.5 ENEXIO Recent Developments
    9.11 EBARA
    9.11.1 EBARA Cooling Towers Basic Information
    9.11.2 EBARA Cooling Towers Product Overview
    9.11.3 EBARA Cooling Towers Product Market Performance
    9.11.4 EBARA Business Overview
    9.11.5 EBARA Recent Developments
    9.12 Kobelco Eco-Solutions
    9.12.1 Kobelco Eco-Solutions Cooling Towers Basic Information
    9.12.2 Kobelco Eco-Solutions Cooling Towers Product Overview
    9.12.3 Kobelco Eco-Solutions Cooling Towers Product Market Performance
    9.12.4 Kobelco Eco-Solutions Business Overview
    9.12.5 Kobelco Eco-Solutions Recent Developments
    9.13 Laxun Cooling Tower
    9.13.1 Laxun Cooling Tower Cooling Towers Basic Information
    9.13.2 Laxun Cooling Tower Cooling Towers Product Overview
    9.13.3 Laxun Cooling Tower Cooling Towers Product Market Performance
    9.13.4 Laxun Cooling Tower Business Overview
    9.13.5 Laxun Cooling Tower Recent Developments
    9.14 Liang Chi Industry
    9.14.1 Liang Chi Industry Cooling Towers Basic Information
    9.14.2 Liang Chi Industry Cooling Towers Product Overview
    9.14.3 Liang Chi Industry Cooling Towers Product Market Performance
    9.14.4 Liang Chi Industry Business Overview
    9.14.5 Liang Chi Industry Recent Developments
    9.15 Hunan Yuanheng
    9.15.1 Hunan Yuanheng Cooling Towers Basic Information
    9.15.2 Hunan Yuanheng Cooling Towers Product Overview
    9.15.3 Hunan Yuanheng Cooling Towers Product Market Performance
    9.15.4 Hunan Yuanheng Business Overview
    9.15.5 Hunan Yuanheng Recent Developments
    9.16 King Sun Industry
    9.16.1 King Sun Industry Cooling Towers Basic Information
    9.16.2 King Sun Industry Cooling Towers Product Overview
    9.16.3 King Sun Industry Cooling Towers Product Market Performance
    9.16.4 King Sun Industry Business Overview
    9.16.5 King Sun Industry Recent Developments
    9.17 Zhejiang Lianfeng
    9.17.1 Zhejiang Lianfeng Cooling Towers Basic Information
    9.17.2 Zhejiang Lianfeng Cooling Towers Product Overview
    9.17.3 Zhejiang Lianfeng Cooling Towers Product Market Performance
    9.17.4 Zhejiang Lianfeng Business Overview
    9.17.5 Zhejiang Lianfeng Recent Developments
    9.18 Babcock and Wilcox
    9.18.1 Babcock and Wilcox Cooling Towers Basic Information
    9.18.2 Babcock and Wilcox Cooling Towers Product Overview
    9.18.3 Babcock and Wilcox Cooling Towers Product Market Performance
    9.18.4 Babcock and Wilcox Business Overview
    9.18.5 Babcock and Wilcox Recent Developments
    9.19 Mitsubishi Chemical Infratec
    9.19.1 Mitsubishi Chemical Infratec Cooling Towers Basic Information
    9.19.2 Mitsubishi Chemical Infratec Cooling Towers Product Overview
    9.19.3 Mitsubishi Chemical Infratec Cooling Towers Product Market Performance
    9.19.4 Mitsubishi Chemical Infratec Business Overview
    9.19.5 Mitsubishi Chemical Infratec Recent Developments
    9.20 Feiyang Group
    9.20.1 Feiyang Group Cooling Towers Basic Information
    9.20.2 Feiyang Group Cooling Towers Product Overview
    9.20.3 Feiyang Group Cooling Towers Product Market Performance
    9.20.4 Feiyang Group Business Overview
    9.20.5 Feiyang Group Recent Developments
    9.21 Kyung In Machinery
    9.21.1 Kyung In Machinery Cooling Towers Basic Information
    9.21.2 Kyung In Machinery Cooling Towers Product Overview
    9.21.3 Kyung In Machinery Cooling Towers Product Market Performance
    9.21.4 Kyung In Machinery Business Overview
    9.21.5 Kyung In Machinery Recent Developments
    9.22 Nihon Spindle
    9.22.1 Nihon Spindle Cooling Towers Basic Information
    9.22.2 Nihon Spindle Cooling Towers Product Overview
    9.22.3 Nihon Spindle Cooling Towers Product Market Performance
    9.22.4 Nihon Spindle Business Overview
    9.22.5 Nihon Spindle Recent Developments
    9.23 Metso Outotec
    9.23.1 Metso Outotec Cooling Towers Basic Information
    9.23.2 Metso Outotec Cooling Towers Product Overview
    9.23.3 Metso Outotec Cooling Towers Product Market Performance
    9.23.4 Metso Outotec Business Overview
    9.23.5 Metso Outotec Recent Developments
    9.24 Sinro Group
    9.24.1 Sinro Group Cooling Towers Basic Information
    9.24.2 Sinro Group Cooling Towers Product Overview
    9.24.3 Sinro Group Cooling Towers Product Market Performance
    9.24.4 Sinro Group Business Overview
    9.24.5 Sinro Group Recent Developments
    9.25 Wuxi Fangzhou
    9.25.1 Wuxi Fangzhou Cooling Towers Basic Information
    9.25.2 Wuxi Fangzhou Cooling Towers Product Overview
    9.25.3 Wuxi Fangzhou Cooling Towers Product Market Performance
    9.25.4 Wuxi Fangzhou Business Overview
    9.25.5 Wuxi Fangzhou Recent Developments
    9.26 Delta Cooling Towers
    9.26.1 Delta Cooling Towers Cooling Towers Basic Information
    9.26.2 Delta Cooling Towers Cooling Towers Product Overview
    9.26.3 Delta Cooling Towers Cooling Towers Product Market Performance
    9.26.4 Delta Cooling Towers Business Overview
    9.26.5 Delta Cooling Towers Recent Developments
    9.27 Daeil Aqua
    9.27.1 Daeil Aqua Cooling Towers Basic Information
    9.27.2 Daeil Aqua Cooling Towers Product Overview
    9.27.3 Daeil Aqua Cooling Towers Product Market Performance
    9.27.4 Daeil Aqua Business Overview
    9.27.5 Daeil Aqua Recent Developments
    9.28 Wanxiang Refrigeration
    9.28.1 Wanxiang Refrigeration Cooling Towers Basic Information
    9.28.2 Wanxiang Refrigeration Cooling Towers Product Overview
    9.28.3 Wanxiang Refrigeration Cooling Towers Product Market Performance
    9.28.4 Wanxiang Refrigeration Business Overview
    9.28.5 Wanxiang Refrigeration Recent Developments
    9.29 Pengsheng Heat Transfer
    9.29.1 Pengsheng Heat Transfer Cooling Towers Basic Information
    9.29.2 Pengsheng Heat Transfer Cooling Towers Product Overview
    9.29.3 Pengsheng Heat Transfer Cooling Towers Product Market Performance
    9.29.4 Pengsheng Heat Transfer Business Overview
    9.29.5 Pengsheng Heat Transfer Recent Developments
    9.30 Shanghai Tyacht
    9.30.1 Shanghai Tyacht Cooling Towers Basic Information
    9.30.2 Shanghai Tyacht Cooling Towers Product Overview
    9.30.3 Shanghai Tyacht Cooling Towers Product Market Performance
    9.30.4 Shanghai Tyacht Business Overview
    9.30.5 Shanghai Tyacht Recent Developments
    10 Cooling Towers Market Forecast by Region
    10.1 Global Cooling Towers Market Size Forecast
    10.2 Global Cooling Towers Market Forecast by Region
    10.2.1 North America Market Size Forecast by Country
    10.2.2 Europe Cooling Towers Market Size Forecast by Country
    10.2.3 Asia Pacific Cooling Towers Market Size Forecast by Region
    10.2.4 South America Cooling Towers Market Size Forecast by Country
    10.2.5 Middle East and Africa Forecasted Consumption of Cooling Towers by Country
    11 Forecast Market by Type and by Application (2025-2030)
    11.1 Global Cooling Towers Market Forecast by Type (2025-2030)
    11.1.1 Global Forecasted Sales of Cooling Towers by Type (2025-2030)
    11.1.2 Global Cooling Towers Market Size Forecast by Type (2025-2030)
    11.1.3 Global Forecasted Price of Cooling Towers by Type (2025-2030)
    11.2 Global Cooling Towers Market Forecast by Application (2025-2030)
    11.2.1 Global Cooling Towers Sales (K Units) Forecast by Application
    11.2.2 Global Cooling Towers Market Size (M USD) Forecast by Application (2025-2030)
    12 Conclusion and Key Findings

    Download our eBook: How to Succeed Using Market Research

    Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

    Download eBook
    Cookie Settings