Heat Exchanger Industry The global heat exchangers market size was estimated at USD 18.19 billion in 2023 and is expected to expand at a compounded annual growth rate (CAGR) of 5.4% from 2024 to 2030. Rising focus on efficient thermal management in various industries, including oil & gas, power generation, chemical & petrochemical, food & beverage, and HVAC & refrigeration, is...

The global heat exchangers market was valued at approximately USD 18.19 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2030. This growth is primarily driven by an increasing emphasis on efficient thermal management across various industries, including oil and gas, power generation, chemical and petrochemical, food and beverage,...