/PRNewswire/ The heat exchanger market is estimated to grow by USD 5.06 billion from 2022 to 2027, according to Technavio. The market is estimated to grow.
/PRNewswire/ The heat exchanger market size is estimated to grow by USD 4,301.92 million from 2022 to 2027. The market is estimated to accelerate at a CAGR.
The India heat exchangers market is anticipated to generate $890.0 million by 2026. The market is projected to grow at a CAGR of 8.6% from 2019 to 2026.
/PRNewswire/ The heat exchanger market estimates a market value of USD 4.02 billion from 2021 to 2026 as per the latest market report by Technavio. In.
India Heat Exchangers Market Accelerating Immense Growth by 2026
Based on type, the shell & tube segment is expected to gain dominant share 33.2%
tusharJuly 9, 2021 India Heat Exchangers Market
The growth of the India heat exchangers market is significantly driven by rapid industrialization that results in high adoption of process plant equipment, which correspondingly increases the demand for heat exchangers. For instance, the food & beverage industry is growing at a noteworthy pace in India, which is the second largest producer of food after China. Heat exchangers play an important role in the food industry, as they used for the production of fruit pulp, food paste, juices, hazel nut pastes, yoghurts, and others.