The global plate and frame heat exchangers market will be driven by growing demand in the pulp and paper industry during the forecast period 2022-2027

Expert Market Research’s new report titled “Global Plate and Frame Heat Exchangers Market Size, Share, Price, Trends, Growth, Report and Forecast 2022-2027”, provides an in-depth analysis of the global Plate and Frame Heat Exchangers Market. plate and frame heat. , assessing the market based on its segments such as types, applications, and major regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.

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Key highlights of the report include:

Market Overview (2017-2027)

• Forecast CAGR (2022-2027): 6.53%

The plate and frame heat exchanger market is aided by the growing demand for such heat exchangers in the pulp and paper industry. The cost effectiveness, efficient heat transfer and energy efficiency of plate and frame heat exchangers enable heat recovery in pulp production to maximize productivity, which propels the growth of the market. Additionally, they require little maintenance and minimal installation costs, making them suitable for cost-effective applications. As plate and frame heat exchangers that can operate with fibrous fluids are developed, they are increasingly being used in heating, ventilation and air conditioning systems. This, in turn, drives the growth of the market.

Industry definition and major segments

Plate and frame heat exchangers are heat exchangers made of corrugated frames on plates, the latter can be customized. They are generally used in applications requiring liquid-liquid exchange. They allow easy cleaning and maintenance, thanks to which they are widely deployed in major industries such as chemicals, food and beverages, among others.

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By Type, the market is split into:

• Welded
• Seal
• Brazed
• Others

Based on Application Segments, the market is segmented into:

• Chemicals and Petrochemicals
• HVAC and refrigeration
• Food and drink
• Oil and Gas
• Energy production
• Pulp and paper
• Others

Major regional markets for plate and frame heat exchangers are:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Market trends

The growth of plate and frame heat exchangers is driven by the increasing use of these heat exchangers in power generation. As the demand for combined heat and power (CHP) systems is increasing, plate and frame heat exchangers are increasingly being deployed in them, propelling the growth of the market. The growing demand for renewable energy is driving the deployment of plate and frame heat exchangers in renewable energy generation plants, which is accelerating the growth of the industry. Additionally, the development of innovative plate and frame heat exchangers to reduce cost, increase heat exchange and improve energy efficiency is expected to contribute significantly to the market growth.

Main market players

Major market players include Hisaka Works, Ltd., Kelvion Holding GmbH, Danfoss Group, Fischer Maschinen- und Apparatebau GmbH, SGL Carbon SE, and Koch Industries, Inc., among others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

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