Hi, what are you looking for?

According to the report published by Allied Market Research, the India gasketed plate heat exchanger market was estimated at $184.7 million in 2021 and is expected to hit $276.2 million by 2031, registering a CAGR of 4.1% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.

Gasketed plate heat exchangers made up 56.9% of the overall revenue share in 2019 due to its widespread use in power plants owing to its low maintenance requirements and small size. In the upcoming years, increase in demand for gasketed plate heat exchangers, mainly in the automotive, petrochemical, and power generating industries, is projected to drive the product demand. Due to its compactness and improved heat transfer efficiency, the demand for gasketed plate heat exchangers in the oil & gas industry is predicted to increase. Furthermore, because of their improved performance in corrosive environments and minimal space requirements, they are also utilized in the heat recovery process in the separation of oil from water and gas.

Download Report Sample (129 Pages PDF with Insights) at https://www.alliedmarketresearch.com/request-sample/17610

Increase in investment of the government as well as private institutions to improve the environmental conditions drives the market growth. Presence of high competition and need for huge capital for the operation of the company hinder the development of the market. Further, lack of skilled workforce and technological advancement hamper the India gasketed plate heat exchanger market growth.

The India Gasketed Plate Heat Exchanger market forecast is segmented on the basis of type, material, and end use.

Based on type, the industrial GPHE segment contributed to more than two-thirds of the India gasketed plate heat exchanger market revenue in 2021, and is expected to dominate by 2031. The same segment would also showcase the fastest CAGR of 4.3% throughout the forecast period. The wide gap GPHE and semi welded GPHE segments are also assessed in the study.

Based on end-user, the food and beverage segment nearly half of the total market revenue in 2021, and is expected to dominate by 2031. The same segment would also manifest the fastest CAGR of 4.5% throughout the forecast period. The other segments analyzed in the report take in chemical, HVAC and Refrigeration, and oil and gas.

Request for Customization at https://www.alliedmarketresearch.com/request-for-customization/17610

Based on material, the stainless steel segment generated more than four-fifths two-fifths of the total market revenue in 2021, and is anticipated to retain the lion’s share by 2031. The same segment would also manifest the fastest CAGR of 4.2% during the forecast period. The other segments studied in the report include Titanium and Tungsten.

The key market players analyzed in the India gasketed plate heat exchanger market report include Danfoss, Heatex Industries Ltd., HRS Process Systems Ltd., HYDAC International GmbH, Alfa Laval, Kelvion Holding GmbH, Majestic Marine & Engineering Services, Process Engineers and Associates, Xylem, Ved Engineering, Transcon Engineers Pvt. Ltd., Delta Cooling Towers P. Ltd., Techtrans Engineers, and Tranter. These market players have embraced several strategies including partnership, expansion, collaboration, joint ventures, and others to highlight their prowess in the industry. The report is helpful in formulating the business performance, product portfolio, operating segments, and developments by the top players.

Key findings of the study • By type, the industrial GPHE segment garnered the 69% of market share in 2021. • By material, the stainless-steel segment contributed nearly 82% of market revenue in 2021. • By end use, the food and beverage segment dominated the India gasketed plate heat exchanger market share by 49% in 2021

Less obvious is exactly how well-balanced this vast range of credit plays and Big Capital can possibly be.

Wearing headphones and anti-sweat finger sleeves, gamers from eight countries guided gun-toting avatars through the Saudi battle royale.

JuicyFields offered returns of up to 66 percent - Copyright AFP/File BAY ISMOYOSpain’s top criminal court has opened a fraud investigation into a Netherlands-based...

Canada launched a long-awaited review of its cannabis regulations four years after legalizing its recreational use.

COPYRIGHT © 1998 - 2022 DIGITAL JOURNAL INC. Sitemaps: XML / News . Digital Journal is not responsible for the content of external sites. Read more about our external linking.