Global Air-Cooled Condensers Market Growth 2025-2031

The global Air-Cooled Condensers market size is predicted to grow from US$ 952 million in 2025 to US$ 1205 million in 2031; it is expected to grow at a CAGR of 4.0% from 2025 to 2031.

Air cooled condenser is the large industrial heat exchange equipment which uses the air in nature to cool (condensate) processing fluid. Compared to the water cooled method, it boasts advantages of sufficient and free cold source, saving cooling water and reducing environmental pollution, low maintenance cost and others. There are power plant air cooled condenser and petrochemical air cooled condenser according to different application field.

In an air cooled condenser, refrigerant condenses inside the tubes and air passes over the outside.

Fins should be used on the air-side because the coefficient of heat transfer on the air-side is lower compared to that on the refrigerant side.

The circulation of air over an air-cooled condenser may be by either natural or forced convection.

Global key producers include Shuangliang, HAC, and Paharpur. The top three producers together account for about 45% of the market share, with the largest producer being Shuangliang with 20%. The global origins are mainly located in North America, Europe, China, India, etc. In terms of product categories, there are horizontal condensers and V and A frame condensers, with the former holding a larger market share at 65%. In terms of applications, power and energy is the number one area of application, with a market share of 48%, followed by the chemical industry with 30%.

LP Information, Inc. (LPI) ' newest research report, the “Air-Cooled Condensers Industry Forecast” looks at past sales and reviews total world Air-Cooled Condensers sales in 2024, providing a comprehensive analysis by region and market sector of projected Air-Cooled Condensers sales for 2025 through 2031. With Air-Cooled Condensers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Air-Cooled Condensers industry.

This Insight Report provides a comprehensive analysis of the global Air-Cooled Condensers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Air-Cooled Condensers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Air-Cooled Condensers market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Air-Cooled Condensers and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Air-Cooled Condensers.

This report presents a comprehensive overview, market shares, and growth opportunities of Air-Cooled Condensers market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Horizontal Condenser
V and A Frame Condenser

Segmentation by Application:
Power and Energy
Chemical Industry
Engineering and Metallurgy
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ENEXIO
SPX Dry Cooling
EVAPCO
Hamon
Holtec
HAC
Shouhang
Kelvion
Shuangliang
Tianrui
Thermax

Key Questions Addressed in this Report

What is the 10-year outlook for the global Air-Cooled Condensers market?

What factors are driving Air-Cooled Condensers market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Air-Cooled Condensers market opportunities vary by end market size?

How does Air-Cooled Condensers break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.