The global demand for Field-Erected Cooling Towers Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
A cooling tower removes heat from the water and other fluids. It is a heat exchanger in which air and water come into direct contact with each other and minimize the water temperature. During the process, a small volume of water gets evaporated, and the temperature of the water circulating through the tower gets reduced. The cooled water is again forced back to the processing device, and the heat gets absorbed. Field erected cooling towers are constructed at the site where cooling is to be done. Field erected cooling towers are larger with higher heat rejection capacity. They comprise a pultruded fiber-reinforced plastic (FRP) structure, FRP cladding, drift eliminator, and air drafting mechanical unit. Field erected cooling towers are specially used at power generation plants, petrochemical industries, steel processing plants, and heavy industries.
Growing industrial activities and stringent environmental rules & regulations are the key factors driving the global field-erected cooling towers market. The other factors that are fuelling the global market include augmenting power generation capacities across the globe, increasing the power sector, growing energy generation from nuclear power plants, increasing iron steel and metallurgy industry, and rising heavy industries.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of field-erected cooling towers.
The entire field-erected cooling towers market has been sub-categorized into type, design and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Wet Field-Erected Cooling Tower
- Dry Field-Erected Cooling Tower
- Hybrid Field-Erected Cooling Tower
- Natural Draft
- Forced Draft
- Induced Draft
- Power Generation
- Petrochemical and Oil & Gas
- Iron & Steel and Metallurgy
- Paper Mills
This section covers regional segmentation which accentuates on current and future demand for field-erected cooling towers market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Field-Erected Cooling Towers Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the field-erected cooling towers market include Benchmarking, SPX, Enexio, Hamon & Cie, Baltimore Aircoil, Paharpur, Babcock & Wilcox (B&W), Brentwood Industries, Delta Cooling Towers, Evapco, International Cooling Tower, Mesan, Star Cooling Towers. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.