Cooling tower is the device that used for the temperature maintenance in the chillers for various industrial applications. This device is generally used in the power generation and manufacturing industries in order to keep the environment cool and fresh. With the use of cooling tower, the heat regulation can be controlled in air conditioning systems which boosting the demand for cooling towers across the globe. The cooling tower is used for a large number of applications such as HVACR, power generation, food and beverage, manufacturing industry and others. The report provides analysis of global cooling tower market for the period 2016-2026, wherein 2018 to 2026 is the forecast period and 2017 is considered as the base year. The global cooling tower market is anticipated to grow at substantial CAGR above 4% throughout the forecast period. Furthermore, Market players are primarily focusing on developing new innovative technologies that will supplement growth of the cooling tower market.
Rising demand in the air conditioning, construction, power generation and manufacturing industries, advantages offered by cooling tower, growing technological advancements in the cooling towers and increasing deployment of HVACR systems are some of the fundamental factors that are driving the global cooling tower market growth globally. Growing investments toward technological developments in order to improve the communication efficiency capacity and flexibility in design are expected to amplify the demand for cooling towers. Rising consumption of HVACR systems across the commercial organizations with the high funding in industrial development is expected to propel the cooling tower market growth over the forecast period. Additionally, the rapid growth in the construction industry has increased the demand for cooling towers, resulting the rapid growth of the global cooling tower market. However, the primitive nature of numerous industrial units, especially in the emerging economies, is anticipated to hamper the growth of the global cooling towers market.
Cooling Tower Market, By Product
Cooling Tower Industry, By Technology
Cooling Tower Market, By Design
Cooling Tower Industry, By Build
Cooling Tower Market, By Construction Material
Cooling Tower Industry, By Flow
Cooling Tower Market, By Application
Global Cooling tower Market, by Geography
The market research study on “Cooling Tower Market (By Product: Evaporative/Wet, Dry, Hybrid; By Technology: Open circuit, Closed circuit, Hybrid; By Design: Mechanical, Natural; By Build: Field erection, Package; By Construction Material: Concrete, Steel, FRP, Wood, Others; By Flow: Counterflow, Crossflow; By Application: Chemical & Fertilizers, Oil & Gas, Power Generation, HVACR, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026” offers a detailed insights on global cooling tower market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights on global cooling tower market by technology, design, build, construction material, application and major geographic regions.
The global cooling tower market is characterized by the presence of experienced and established players. Some of the key players include Paharpur Cooling Tower, ENEXIO, Baltimore, SPIG, Thermax, Haman, Johnson Controls, SPX Cooling, Delta, Thermal Care, ReymsaBERG, Bell Cooling Tower, International Cooling, ENGIE, Brentwood, Star Cooling and Perfect Cooling Tower.
Introduction According to Acumen Research and Consulting, the global Heating Equipment market is expected to grow at noteworthy CAGR around 5.2 % throughout the forecast period and reach around US$ 52 billion by 2026. The need for efficient heating systems has resulted to the growth of mechanical devices that are cost-effective
According to Acumen Research and Consulting, the global Asphalt Shingles market is expected to grow at noteworthy CAGR around 7.5 % throughout the forecast period and reach around US$ 11 billion by 2026. The most popular roofing materials for various building projects worldwide are asphalted shingles. The roofs in single buildings, tiny housing projects and house rows are frequentl
Introduction According to Acumen Research and Consulting, the global Portable Air Compressor market is expected to grow at noteworthy CAGR around 3.7 % throughout the forecast period and reach around US$ 10 billion by 2026. The market for portable air compressors is used in multiple sectors such as production, healthcare, constr
Introduction The global aluminum ladder market is expected to reach the market value of around $900 million by 2025 and is anticipated to grow at a CAGR of around 9% in terms of revenue during the forecast period 2018 - 2025. Aluminum ladders are ladders built from aluminum and ladder is a set of rungs or steps that are vertical or inclined. Aluminum ladders are durable, re
The global aluminum frame market size is poised to hit the market value of around $14.5 billion by 2025 and is projected to raise at a CAGR of around 3.5% in terms of revenue amid the forecast period 2018– 2025. Introduction Aluminum Frame is a rigid aluminum structure that surrounds a picture, door or a windowpane. Aluminum frames have lo
Introduction According to Acumen Research and Consulting, the global building thermal insulation market size is expected to reach around US$ 40 billion by 2026 with rising CAGR of around 4.5 % throughout the forecast period 2019-2026. The method of reducing heat transfer between neighboring environments is thermal isolation wit