Global Plate-fin Heat Exchanger Market Growth 2025-2031

The global Plate-fin Heat Exchanger market size is predicted to grow from US$ 1583 million in 2025 to US$ 2081 million in 2031; it is expected to grow at a CAGR of 4.7% from 2025 to 2031.

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.

The major players in global Plate-fin Heat Exchanger market include Linde Engineering, CHART, Five Cryo, etc. The top 3 players occupy about 30% shares of the global market. Europe and China are main markets, they occupy over 50% of the global market. Aluminum Type is the main type, with a share about 90%. Petrochemical Industry and Dynamical Machine are main applications, which hold a share about 60%.

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

This Insight Report provides a comprehensive analysis of the global Plate-fin Heat Exchanger 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 Plate-fin Heat Exchanger portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Plate-fin Heat Exchanger market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Plate-fin Heat Exchanger 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 Plate-fin Heat Exchanger.

This report presents a comprehensive overview, market shares, and growth opportunities of Plate-fin Heat Exchanger market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Aluminum Type
Stainless Steel Type
Others

Segmentation by Application:
Air Separation Industry
Petrochemical Industry
Dynamical Machine
Atomic energy & National defense industry
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.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Plate-fin Heat Exchanger market?

What factors are driving Plate-fin Heat Exchanger market growth, globally and by region?

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

How do Plate-fin Heat Exchanger market opportunities vary by end market size?

How does Plate-fin Heat Exchanger break out by Type, by Application?

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