Brazed Plate Heat Exchanger Market Size, Share, By Brazing Material Type (Stainless Steel, Aluminum, Copper, and Nickel, and Others), Application (Snow Melting, Water Heating, Heat Pump, Air Conditioning, Chiller, Condenser, Evaporators, and Others), End-User (Oil & Gas, Chemical, Food & Beverage, Power, Heavy Industries, and Others), and Region - Trends, Analysis, and Forecast till 2035
Brazed Plate Heat Exchanger Market Report Highlights:
By 2035, the target market is expected to increase at a rate of USD 2090.7 Million.
In 2024, brazed plate heat exchanger market size was valued at USD 1037.9 Million.
The market is expanding at a CAGR of 7.3%.
Based on brazing material type, the market for brazed plate heat exchanger market is dominated by the stainless steel segment.
The market is being led by the air conditioning heat exchanger market.
By end-user, the chemical processing industries segment is anticipated to dominate the market during the forecast period.
Europe is expected to be leading region in the market during the estimated time frame.
North is anticipated to witness significant market in the market during 2025-2035.
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Brazed Plate Heat Exchanger Market Key Highlights:
In September 2024, Danfoss Company launched and new Micro Plate technology to address the growing demand for more environment-friendly solutions, especially in light of increasing regulations on F-gas refrigerants. The three new brazed plate heat exchangers were introduced, includes, H39L-EZU, designed for low channel volume and minimal water pressure drop, H62L-CZ, an asymmetric plate design optimized for R290 reversible heat pumps, and HDW30-C, an ultra-safe solution for condenser applications, ensures that fluids get separated to prevent cross-contamination. These new products are specifically designed for use with natural refrigerants like R290 propane.
Brazed Plate Heat Exchanger Market Report Analysis:
Benefits of Choosing Brazed Plate Heat Exchangers–
Compact – Brazed plate heat exchangers are extremely compact compared with other technologies. The carbon footprint can be as little as one tenth that of a shell and tube heat exchanger or half that of a gasket plate heat exchanger.
Efficient – With no need for gaskets or supporting equipment, about 95% of the material is used to transfer heat. The highly turbulent flow also enables to use small temperature differences efficiently.
Reliable – The robust construction requires no gaskets, eliminating their risk of leaking. This means stable thermal and hydraulic performance, with minimal maintenance and operational downtime.
Flexible – The compact size uses space efficiently and makes system design more flexible. Larger installations can be constructed unit by unit via standard doors and elevators, and it is easy to expand capacity when demand increases.
Cost-effective – Brazed plate heat exchangers will save on energy, maintenance, spare parts, and installation. The life-cycle cost over 15-20 years can often be half that of a corresponding gasketed solution.
Self-cleaning – Brazed plate heat exchangers are normally self-cleaning, due to highly turbulent flows. In applications with a high risk of fouling or scaling, Cleaning in Place is easy without disassembly.
Customized – By combining plate design, materials, and connections from standard components, which keep lead times short while still maximizing output in your specific application.
Segmentation:
By Brazing Material Type:
Stainless Steel
Aluminum
Copper
Nickel
Others
By Application:
Snow Melting
Water Heating
Heat Pump
Air Conditioning
Chiller
Condenser
Evaporators
Others
By End-User:
Oil and Gas
Chemical
Food and Beverage
Power
Heavy Industries
Others
By Region:
North America
U.S.
Canada
Europe
Germany
U.K.
France
Russia
Italy
Spain
Netherlands
Rest of Europe
Asia Pacific
China
India
Japan
Australia
Indonesia
Malaysia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Argentina
Rest of Latin America
Middle East & Africa
GCC
Israel
South Africa
Rest of Middle East & Africa
Brazed Plate Heat Exchanger Market Competitive Landscape:
ALFA LAVAL
Danfoss
Johnson Controls
HISAKA WORKS, LTD
API Heat Transfer
Chart Industries
HRS Heat Exchanger
Xylem
Barriquand
Kelvion Holding GmbH
Mersen
Shyam Engineering Works
SPXFLOW
SWEP International AB
Diversified Heat Transfer, Inc.
Key Questions Answered in This Report
1. What was the size of the Brazed Plate Heat Exchanger Market in 2024?
2. What is the expected growth rate of the Brazed Plate Heat Exchanger Market during 2025-2035?
3. What are the key factors driving the Brazed Plate Heat Exchanger Market?
4. What is the breakup of the Brazed Plate Heat Exchanger Market based on the distribution channel?
5. What are the key regions in the Brazed Plate Heat Exchanger Market?
6. Who are the key players/companies in the Brazed Plate Heat Exchanger Market?
7. What are the drivers, restraints, and opportunities in the Brazed Plate Heat Exchanger Market?
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