Global Cooling Towers Supply, Demand and Key Producers, 2023-2029

Global Cooling Towers Supply, Demand and Key Producers, 2023-2029

The global Cooling Towers market size is expected to reach $ 4480.9 million by 2029, rising at a market growth of 4.0% CAGR during the forecast period (2023-2029).

Global key manufacturers of cooling towers include Baltimore Aircoil Company (BAC), SPX Cooling Technologies, EVAPCO, and Seagull cooling. The top three producers together hold about 25% of the market share, with the largest producer being BAC at 12%. The global origins are mainly located in the United States, Europe, South America, China, Japan, India, and Korea. In terms of product category, it is divided into open-circuit cooling towers and closed-circuit cooling towers, with the former holding a major market share of 65%. In terms of applications, power generation is the number one application area with a 25% market share; in addition, HVAC, oil and gas are also important applications.

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.

This report studies the global Cooling Towers production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Cooling Towers, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Cooling Towers that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Cooling Towers total production and demand, 2018-2029, (Units)

Global Cooling Towers total production value, 2018-2029, (USD Million)

Global Cooling Towers production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Units)

Global Cooling Towers consumption by region & country, CAGR, 2018-2029 & (Units)

U.S. VS China: Cooling Towers domestic production, consumption, key domestic manufacturers and share

Global Cooling Towers production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Units)

Global Cooling Towers production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Units)

Global Cooling Towers production by Application production, value, CAGR, 2018-2029, (USD Million) & (Units)

This reports profiles key players in the global Cooling Towers market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Baltimore Aircoil Company (BAC), SPX Cooling Technologies, EVAPCO, Seagull Cooling Technologies, KUKEN, Hamon, Paharpur Cooling Towers, Kelvion and BRAPU, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Cooling Towers market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Units) and average price (K US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Cooling Towers Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Cooling Towers Market, Segmentation by Type
Open-Circuit Cooling Towers
Closed-Circuit Cooling Towers

Global Cooling Towers Market, Segmentation by Application
Power Generation
HVAC
Oil & Gas
Chemical & Petrochemical
Food & Beverages
Metallurgical
Others

Companies Profiled:
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

Key Questions Answered

1. How big is the global Cooling Towers market?

2. What is the demand of the global Cooling Towers market?

3. What is the year over year growth of the global Cooling Towers market?

4. What is the production and production value of the global Cooling Towers market?

5. Who are the key producers in the global Cooling Towers market?

6. What are the growth factors driving the market demand?