Global Closed Cooling Tower Market Growth 2025-2031
The global Closed Cooling Tower market size is predicted to grow from US$ 2092 million in 2025 to US$ 3377 million in 2031; it is expected to grow at a CAGR of 8.3% from 2025 to 2031.
China's key players of Closed Cooling Tower market include Wuxi Fangzhou, EVAPCO, Longhua Technology, Baltimore Aircoil Company, BRAPU, etc. The top five players hold a share over 32%. In terms of product type, Counterflow Closed Cooling Towers is the largest segment, occupied for a share of 49%. In terms of application, Cold Chain is the largest field with a share about 29 percent.
LP Information, Inc. (LPI) ' newest research report, the “Closed Cooling Tower Industry Forecast” looks at past sales and reviews total world Closed Cooling Tower sales in 2024, providing a comprehensive analysis by region and market sector of projected Closed Cooling Tower sales for 2025 through 2031. With Closed Cooling Tower sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Closed Cooling Tower industry.
This Insight Report provides a comprehensive analysis of the global Closed Cooling Tower 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 Closed Cooling Tower portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Closed Cooling Tower market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Closed Cooling Tower 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 Closed Cooling Tower.
This report presents a comprehensive overview, market shares, and growth opportunities of Closed Cooling Tower market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Counterflow Closed Cooling Towers
Crossflow Closed Cooling Towers
Compound Flow Closed Cooling Towers
Segmentation by Application:
Chemical & Petrochemical
Food and Pharmaceuticals
Polysilicon and Monocrystalline Silicon
Cold Chain
Power Generation
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.
SPX Cooling Technologies
EVAPCO
KUKEN
Seagull Cooling Technologies
Hamon
Paharpur Cooling Towers
Kelvion
ENEXIO
BRAPU
EBARA
Kobelco Eco-Solutions
Liang Chi Industry
Laxun Cooling Tower
King Sun Industry
Hunan Yuanheng
Mitsubishi Chemical Infratec
Feiyang Group
Babcock & Wilcox
Nihon Spindle
Kyung In Machinery
Metso Outotec
Wuxi Fangzhou
Longhua Technology
Casen Heat Transfer
Greenland Heat Transfer
Lanxiang Environment
Yantai Moon Heat Exchange Technology
Shanghai Baofeng Machinery Manufacturing
Shandong Xuneng
Dahua Environment
Delta Cooling Towers
Daeil Aqua
Shanghai Tyacht
Pengsheng Heat Transfer
Key Questions Addressed in this Report
What is the 10-year outlook for the global Closed Cooling Tower market?
What factors are driving Closed Cooling Tower market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Closed Cooling Tower market opportunities vary by end market size?
How does Closed Cooling Tower break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.