Cooling Tower Industry The global cooling tower market size is expected to reach USD 5,237.0 million by 2030, expanding at a CAGR of 4.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growing demand for energy-efficient cooling systems in commercial and industrial applications is anticipated to drive the growth of the market over the forecast period. In addition,...

Cooling Tower Industry The global cooling tower market size was estimated at USD 3.85 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2030. Stringent government environmental regulations, coupled with concerns associated with the plumes generated by power generation and chemical industries, are anticipated to drive demand for cooling towers...

The global cooling tower market was valued at approximately USD 3.85 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2030. This growth is primarily fueled by stringent government environmental regulations and growing concerns related to the plumes emitted by the power generation and chemical industries. These factors are expected...