Global Plate Finned Heat Exchanger Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Global Plate Finned Heat Exchanger Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Plate Finned Heat Exchanger market size was valued at US$ 1571 million in 2024 and is forecast to a readjusted size of USD 2009 million by 2031 with a CAGR of 3.6% during review period.

Plate Finned Heat Exchanger is a type of heat exchanger design that uses plates and finned chambers to transfer heat between fluids. It is often categorized as a compact heat exchanger to emphasise its relatively high heat transfer surface area to volume ratio. The plate-fin heat exchanger is widely used in many industries, including the aerospace industry for its compact size and lightweight properties, as well as in cryogenics where its ability to facilitate heat transfer with small temperature differences is utilized.

Global Plate Finned Heat Exchanger main players include Linde Engineering, CHART, Five Cryo, Sumitomo Precision, AKG, Kobe Steel, Triumph, API, etc., totally accounting for about 35% of the market. Europe is the largest market, with a share over 20%. As for the types of products, it can be divided into Aluminum Type Plate Finned Heat Exchanger, Stainless Steel Type Plate Finned Heat Exchanger and others. The most common product is Aluminum Type Plate Finned Heat Exchanger, with a share over 87%. In terms of applications, it is widely used in Air Separation Industry, Petrochemical Industry, Dynamical Machine, National Defense Industry and others. Petrochemical Industry is the largest application, holding a share over 30%.

This report is a detailed and comprehensive analysis for global Plate Finned Heat Exchanger market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Plate Finned Heat Exchanger market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2020-2031

Global Plate Finned Heat Exchanger market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2020-2031

Global Plate Finned Heat Exchanger market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2020-2031

Global Plate Finned Heat Exchanger market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K USD/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Plate Finned Heat Exchanger

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Plate Finned Heat Exchanger market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Linde Engineering, CHART, Five Cryo, Sumitomo Precision, AKG, Kobe Steel, Triumph, API, Donghwa Entec, Lytron, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Plate Finned Heat Exchanger market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type

Aluminum Type Plate Finned Heat Exchanger

Stainless Steel Type Plate Finned Heat Exchanger

Others

Market segment by Application

Air Separation Industry

Petrochemical Industry

Dynamical Machine

National Defense Industry

Others

Major players covered

Linde Engineering

CHART

Five Cryo

Sumitomo Precision

AKG

Kobe Steel

Triumph

API

Donghwa Entec

Lytron

Hongsheng

Hangyang

Yonghong

Xinsheng

Zhongtai Cryogenic

Jialong

Guanyun

Fang Sheng

KFAS

Airtecc

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Plate Finned Heat Exchanger product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Plate Finned Heat Exchanger, with price, sales quantity, revenue, and global market share of Plate Finned Heat Exchanger from 2020 to 2025.

Chapter 3, the Plate Finned Heat Exchanger competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Plate Finned Heat Exchanger breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Plate Finned Heat Exchanger market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Plate Finned Heat Exchanger.

Chapter 14 and 15, to describe Plate Finned Heat Exchanger sales channel, distributors, customers, research findings and conclusion.