Cooling Towers Market - Forecast(2019 - 2024)

Report Code: CMR 0401 Report Format: PDF + Excel (Delivery in 48 Hrs)
Cooling towers Market Overview:
A cooling tower is a heat exchanger which allows water and air come into direct contact in order to reduce the waters temperature. A small amount of water is evaporated by reducing the temperature of the water being circulated through towers. The global cooling market is $2037.8M in 2017 and is estimated to grow at a CAGR of 4.84% during 2018-2023. Europe region held the major share of 34%. Cooling towers are the most important part of many industrial plants which is driving the growth of the Cooling Towers Market. 

Cooling towers Market Outlook:
Cooling towers basic task of a cooling tower is to reject heat into the atmosphere. These are relatively inexpensive and dependable means of removing low-grade heat from cooling water. Cooling towers are most widely used to remove excess heat that is generated and is used to represent a relatively dependable and inexpensive means of removing low-grade heat from cooling towers. Cooling towers are segmented basing on the type of cooling towers as natural draft, Mechanical draft, Cross towers, counterflow towers and others. It is further segmented based on the construction of cooling towers as Factory assembled cooling towers and Field erected towers. Cooling towers are used in various industries like Chemical and petrochemical industries, plastic manufacturing and packing industries and others. 

Cooling towers Market Growth drivers:
An important growth driver for cooling towers is its introduction in various industries. Cooling towers started using as energy efficient systems, as water cooled systems as they offer lower energy use than air cooled alternatives as Most of the industries started using Cooling towers as it rejects to process heat into atmosphere. Cooling towers are further used in food processing plants, petroleum refineries, natural gas plants and others as cooling towers are designed for cooling the circulating water during the manufacturing process which is further driving the market. It has this great advantage of Cooling towers is that it prevents the overheating of the other machines so companies expenses will get reduced and machines will get proper power supply to deliver break free performance. 

Cooling towers Market Challenges:
Despite of its advantages and usage in various industries it’s facing a problem with Corrosion and scaling. Cooling towers have the problem with corrosion because once the process is completed, unchecked water run through a cooling tower which eats the metal and lead to leak. The increasing industrial setups are creating an environmental distress such plume, drift and water contaminants are seen moderately hampering the market demand. To overcome such problems, the development of plume abated towers and drift eliminators is expected to overcome these environmental concerns.

Cooling Towers Market

Cooling towers Market Research Scope:
The base year of the study is 2017, with forecast done up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the Cooling towersMarket. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of plastics in the electric vehicle market, and their specific applications in different types of vehicles.

Cooling towers (SAP) Market Report: Industry Coverage

Cooling Towers Market– By type: Natural draft cooling towers, mechanical draft cooling towers, cross towers, counter flow towers and others
 
Cooling Towers Market – By Application: HAVC, refrigeration and chilling part, Diesel engine, cold storage, renewable energy power plant and others

Cooling Towers Market – By End User Industry: Chemical and petroleum industries, dairy product and process industries, paper manufacturing industries, paint manufacturing industries and others. 

The Cooling towers Market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:
  • North America: The U.S., Canada, Mexico
  • South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
  • Europe: The U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark
  • APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
  • Middle East and Africa: Israel, South Africa, Saudi Arabia

Cooling Towers Market Key Players:
Some of the Key players in this market that have been studied for this report include: SPX corporation, Hamon axisparc, Enexio, SPIG SPA, Baltimore Aircoil Company, Samco, Nalco, American water treatment, Cannon water treatment and others. 

Market Research and Market Trends of Cooling Towers Market
  • Cooling towers are specialized heat exchangers that are used to reduce the water temperature. These became most common in industries such as oil refining, chemical processing, power plants and others. New technology has been introduced in the industry like Everest cooling towers which 50% more capacity and 35% less fan power to achieve higher energy savings. Cooling towers design minimizes piping and electrical connections to reduce installation costs. Another major advantage for using cooling towers is its low maintenance costs and low cost which is attracting more buyers to purchase the product. New technology has been introduced in the Cooling tower industry, 3D trassar technology ensures that the machine was protected when operators are busy, it will quickly trace and solve the problem. Cooling towers are extensively used in non-industrial segments that include commercial real estate sector to regulate the temperature within thermal and nuclear power plants across the world to ensure optimum production of energy.
1. Cooling towers Market - Overview
1.1. Definitions and Scope
2. Cooling towers Market - Executive summary
2.1. Market Revenue, Market Size and Key Trends by Company
2.2. Key Trends by type of Application
2.3. Key Trends segmented by Geography
3. Cooling towers Market 
3.1. Comparative analysis
3.1.1. Product Benchmarking - Top 10 companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value split by Top 10 companies
3.1.4. Patent Analysis - Top 10 companies
3.1.5. Pricing Analysis 
4. Cooling towers Market Forces
4.1. Drivers
4.2. Constraints
4.3. Challenges
4.4. Porters five force model
4.4.1. Bargaining power of suppliers
4.4.2. Bargaining powers of customers
4.4.3. Threat of new entrants
4.4.4. Rivalry among existing players
4.4.5. Threat of substitutes 
5. Cooling towers Market -Strategic analysis
5.1. Value chain analysis
5.2. Opportunities analysis
5.3. Product life cycle
6. Cooling towers Market – By Form (Market Size -$Million / $Billion)
6.1. Segment type Size and Market Share Analysis 
6.2. Application Revenue and Trends by type of Application
6.3. Application Segment Analysis by Type
6.3.1. Natural draft cooling towers
6.3.2. Mechanical draft cooling towers
6.3.3. Cross towers
6.3.4. Counterflow towers
6.3.5. Hyperbolic cooling towers
6.3.6. Induced draft cooling towers
6.3.7. Passive draft cooling towers
6.3.8. others
7. Cooling towers Market – By Construction(Market Size -$Million / $Billion)
7.1. Factory assembled cooling towers
7.2. Field-Erected towers
8. Cooling towers Market – By Application (Market Size -$Million / $Billion)
8.1. HVAC ( Heating, Ventilation, and Air Conditioning)
8.2. Refrigeration & Chilling plant
8.3. Diesel engine & Gas engine
8.4. Induction melting steel furances
8.5. Cold storage
8.6. Oxygen plants
8.7. Renewable Energy Power plant
8.8. Others
9. Cooling towers Market – By End User Industry (Market Size -$Million / $Billion)
9.1. Market Size and Market Share Analysis 
9.2. Application Revenue and Trend Research
9.3. Product Segment Analysis
9.3.1. Chemical & Petroleum industries
9.3.2. Dairy product & process industries
9.3.3. Paper Manufacturing Industries
9.3.4. Paint manufacturing industries
9.3.5. Pharmaceutical industries
9.3.6. Others
10. Cooling towers Market- By Geography (Market Size -$Million / $Billion)
10.1. Cooling towers Market - North America Segment Research
10.2. North America Market Research (Million / $Billion)
10.2.1. Segment type Size and Market Size Analysis 
10.2.2. Revenue and Trends
10.2.3. Application Revenue and Trends by type of Application
10.2.4. Company Revenue and Product Analysis
10.2.5. North America Product type and Application Market Size
10.2.5.1. U.S.
10.2.5.2. Canada 
10.2.5.3. Mexico 
10.2.5.4. Rest of North America
10.3. Cooling towers Market- South America Segment Research
10.4. South America Market Research (Market Size -$Million / $Billion)
10.4.1. Segment type Size and Market Size Analysis 
10.4.2. Revenue and Trends
10.4.3. Application Revenue and Trends by type of Application
10.4.4. Company Revenue and Product Analysis
10.4.5. South America Product type and Application Market Size
10.4.5.1. Brazil  
10.4.5.2. Venezuela
10.4.5.3. Argentina
10.4.5.4. Ecuador
10.4.5.5. Peru
10.4.5.6. Colombia 
10.4.5.7. Costa Rica
10.4.5.8. Rest of South America
10.5. Cooling towers Market- Europe Segment Research
10.6. Europe Market Research (Market Size -$Million / $Billion)
10.6.1. Segment type Size and Market Size Analysis 
10.6.2. Revenue and Trends
10.6.3. Application Revenue and Trends by type of Application
10.6.4. Company Revenue and Product Analysis
10.6.5. Europe Segment Product type and Application Market Size
10.6.5.1. U.K  
10.6.5.2. Germany 
10.6.5.3. Italy 
10.6.5.4. France
10.6.5.5. Netherlands
10.6.5.6. Belgium
10.6.5.7. Spain
10.6.5.8. Denmark
10.6.5.9. Rest of Europe
10.7. Cooling towers Market– APAC Segment Research
10.8. APAC Market Research (Market Size -$Million / $Billion)
10.8.1. Segment type Size and Market Size Analysis 
10.8.2. Revenue and Trends
10.8.3. Application Revenue and Trends by type of Application
10.8.4. Company Revenue and Product Analysis
10.8.5. APAC Segment – Product type and Application Market Size
10.8.5.1. China 
10.8.5.2. Australia
10.8.5.3. Japan 
10.8.5.4. South Korea
10.8.5.5. India
10.8.5.6. Taiwan
10.8.5.7. Malaysia
10.8.5.8. Hong Kong  
10.8.5.9. Rest of APAC
10.9. Cooling towers Market– Middle East Segment and Africa Segment Research
10.10. Middle East & Africa Market Research (Market Size -$Million / $Billion)
10.10.1. Segment type Size and Market Size Analysis 
10.10.2. Revenue and Trend Analysis
10.10.3. Application Revenue and Trends by type of Application 
10.10.4. Company Revenue and Product Analysis
10.10.5. Middle East Segment Product type and Application Market Size
10.10.5.1. Israel 
10.10.5.2. Saudi Arabia
10.10.5.3. UAE
10.10.6. Africa Segment Analysis
10.10.6.1. South Africa
10.10.6.2. Rest of Middle East & Africa
11. Cooling towers Market - Entropy
11.1. New product launches
11.2. M&A's, collaborations, JVs and partnerships
12. Cooling towers Market – Industry / Segment Competition landscape Premium
12.1. Market Share Analysis
12.1.1. Market Share by Country- Top companies
12.1.2. Market Share by Region- Top 10 companies
12.1.3. Market Share by type of Application – Top 10 companies
12.1.4. Market Share by type of Product / Product category- Top 10 companies
12.1.5. Market Share at global level- Top 10 companies
12.1.6. Best Practices for companies
13. Cooling towers Market – Key Company List by Country Premium
14. Cooling towers Market Company Analysis
14.1. Market Share, Company Revenue, Products, M&A, Developments
14.2. SPX corporation
14.3. Hamon axisparc
14.4. Enexio
14.5. SPIG SPA
14.6. Baltimore Aircoil Company
14.7. Samco
14.8. Nalco
14.9. American water treatment
14.10. Company 8
14.11. Company 9
14.12. Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"
15. Cooling towers Market -Appendix
15.1. Abbreviations
15.2. Sources
16. Cooling towers Market -Methodology Premium
16.1. Research Methodology
16.1.1. Company Expert Interviews
16.1.2. Industry Databases
16.1.3. Associations
16.1.4. Company News
16.1.5. Company Annual Reports
16.1.6. Application Trends
16.1.7. New Products and Product database
16.1.8. Company Transcripts
16.1.9. R&D Trends
16.1.10. Key Opinion Leaders Interviews
16.1.11. Supply and Demand Trends
List of Tables:

Table 1: Global Cooling Towers Market Value, By Type, 2015-2021 ($Million)
Table 2: Global Cooling Towers Market Volume, By Type, 2015-2021 (000’ Units)
Table 3: Global Mechanical Draft Cooling Tower Market Volume, By Type, 2015-2021 (000’ Units)
Table 4: Global Cooling Tower Market Value, By Construction, 2015-2021 ($Million)
Table 5: Global Cooling Tower Market Volume, By Construction, 2015-2021 (‘000 Units)
Table 6: Global Cooling Tower Market Value, By Method Of Heat Transfer, 2015-2021 ($Million)
Table 7: Global Cooling Tower Market Volume, By Method Of Heat Transfer, 2015-2021 (‘000 Units)
Table 8: Global Cooling Towers Market Value, By Application, 2015-2021 ($Million)
Table 9: Global Cooling Towers Market Volume ('000) Units, By Application, 2015-2021 
Table 10: Global: Cooling Towers Market Volume, By Region, 2015-2021 (‘000 Units)
Table 11: Global: Cooling Towers Market Value, By Region, 2015-2021 ($Million)
Table 12: Americas: Cooling Towers Market Revenue, By Type, 2015-2021 ($Million)
Table 13: Americas: Cooling Towers Market Revenue, By Construction, 2015-2021 ($Million)
Table 14: Americas: Cooling Towers Market Revenue, By Method of Heat Transfer, 2015-2021 ($Million)
Table 15: Americas: Cooling Towers Market Revenue, By Application, 2015-2021 ($Million)
Table 16: Americas: Cooling Towers Market Revenue, By Country , 2015-2021 ($Million)
Table 17: Europe: Cooling Towers Market Value, By Type, 2015 -2021 ($Million)
Table 18: Europe: Cooling Towers Market Value, By Construction, 2015 -2021 ($Million)
Table 19: Europe: Cooling Towers Market Value, By Method Of Heat Transfer, 2015 -2021 ($Million)
Table 20: Europe: Cooling Towers Market Value, By Application, 2015 -2021 ($Million)
Table 21: Europe: Cooling Towers Market Value, By Country, 2015 -2021 ($Million)
Table 22: APAC: Cooling Tower Market Value, By Type, 2015-2021 ($Million)
Table 23: APAC: Cooling Tower Market Value, By Construction, 2015-2021 ($Million)
Table 24: APAC: Cooling Tower Market Value, By Heat Transfer, 2015-2021 ($Million)
Table 25: APAC: Cooling Tower Market Value, By Application, 2015-2021 ($Million)
Table 26: APAC: Cooling Tower Market Value, By Country, 2015-2021 ($Million)
Table 27: RoW: Cooling Towers Market Revenue, By Type, 2015-2021 ($Million)
Table 28: RoW: Cooling Towers Market Revenue, By Construction, 2015-2021 ($Million)
Table 29: RoW: Cooling Towers Market Revenue, By Method of Heat Transfer, 2015-2021 ($Million)
Table 30: RoW: Cooling Towers Market Revenue, By Application, 2015-2021 ($Million)
Table 31: RoW: Cooling Towers Market Revenue, By Country , 2015-2021 ($Million)


List of Figures:

Figure 1: Global Cooling Tower Market Value and Volume, 2015-2021 ($Million, Thousand Units)
Figure 2: Global Cooling Tower Market Value Share, By Type, 2015 (%)
Figure 3: Global Cooling Tower Market Value , By Application, 2015 & 2021 ($Million)
Figure 4: Global Cooling Tower Market Value, By Geography, 2015 & 2021 ($Million)
Figure 5: Global Cooling Tower Market Share, By Key Players, 2015 (%)
Figure 6: Cooling Tower Market Share, By End-User Industry, 2015 (%)
Figure 7: Johnson Control Inc. Financials, 2015 ($Million)
Figure 8: SPX CORPORATION Financials, 2015 ($Million)
Figure 9: BABCOCK & WILCOX ENTERPRISES, INC. Financials, 2015 ($Million)
Figure 10: Earning Per Share, By Company, 2015 ($)
Figure 11: Global Natural Draft Cooling Towers Market Value, 2015-2021 ($Million)
Figure 12: Global Forced Draft Cooling Towers Market Value,2015-2021 ($Million)
Figure 13: Global Induced Draft Cooling Towers Market Value, 2015-2021 ($Million)
Figure 14: Global Hybrid Draft Cooling Towers Market Value, 2015-2021 ($Million)
Figure 15: Field Erected: Global Cooling Towers Market Value & Volume, 2015-2021 ($Million, ‘000 Units)
Figure 16: Factory Assembled: Global Cooling Tower Market Value & Volume, 2015-2021 ($Million, ‘000 Units)
Figure 17: Evaporative Tower: Global Cooling Tower Market Value & Volume, 2015-2021 ($Million, ‘000 Units)
Figure 18: Dry Tower: Global Cooling Tower Market Value & Volume, 2015-2021 ($Million, ‘000 Units)
Figure 19: Plume Abatement Tower: Global Cooling Tower Market Value & Volume, 2015-2021 ($Million, ‘000 Units)
Figure 20: Water Conservation Tower: Global Cooling Tower Market Value & Volume, 2015-2021 ($Million, ‘000 Units)
Figure 21: Others: Global Cooling Tower Market Value & Volume, 2015-2021 ($Million, ‘000 Units)
Figure 22: Pharmaceutical and Laboratories: Global Cooling Towers Market Value and Volume ,2015-2021 ($Million, Thousand Units) 
Figure 23: Food and Beverage: Global Cooling Towers Market Value and Volume , 2015-2021 ($Million, Thousand Units)
Figure 24: HVAC: Global Cooling Towers Market Value and Volume , 2015-2021 ($Million, Thousand Units)
Figure 25: Process Cooling: Global Cooling Towers Market Value and Volume ,2015-2021 ($Million, Thousand Units)
Figure 26: Chemical & Petrochemical Plants: Global Cooling Towers Market Value and Volume , 2015-2021 ($Million, Thousand Units)
Figure 27: Refineries: Global Cooling Towers Market Value and Volume , 2015-2021 ($Million, Thousand Units)
Figure 28: Others: Global Cooling Towers Market Value and Volume , 2015-2021 ($Million, Thousand Units)
Figure 29: Cooling Towers Market - By Geography
Figure 30: U.S.: GDP and Population, 2012-2015 ($Trillion, Million)
Figure 31: U.S.: GDP – Composition of 2015, By Sector of Origin
Figure 32: U.S.: Export and Import Value, 2012-2015 ($Trillion)
Figure 33: U.S.: GDP – Composition of 2015, By End Use
Figure 34: Canada: GDP and Population, 2012-2015 ($Trillion, Million)
Figure 35: Canada: GDP – Composition of 2015, By Sector of Origin
Figure 36: Canada: Export and Import Value, 2012-2015 ($Billion)
Figure 37: Canada: GDP – Composition of 2015, By End Use
Figure 38: Mexico: GDP and Population, 2012-2015 ($Trillion, Million)
Figure 39: Mexico: GDP – Composition of 2015, By Sector of Origin
Figure 40: Mexico: Export and Import Value, 2012-2015 ($Billion)
Figure 41: Mexico: GDP – Composition of 2015, By End Use
Figure 42: Brazil: GDP and Population, 2012-2015 ($Trillion, Million)
Figure 43: Brazil: GDP – Composition of 2015, By Sector of Origin
Figure 44: Brazil: Export and Import Value, 2012-2015 ($Billion)
Figure 45: Brazil: GDP – Composition of 2015, By End Use
Figure 46: U.S.: Cooling Towers Market Value, 2015 -2021, ($Million)
Figure 47: Brazil: Cooling Towers Market Value, 2015 -2021, ($Million)
Figure 48: Mexico: Cooling Towers Market Value, 2015 -2021, ($Million)
Figure 49: Canada: Cooling Towers Market Value, 2015 -2021, ($Million)
Figure 50: Rest of Americas: Cooling Towers Market Value, 2015 -2021, ($Million)
Figure 51: Americas: Cooling Towers Market CAGR, By Country (%)
Figure 52: U.K.: GDP and Population, 2012-2015 ($Trillion, Million)
Figure 53: U.K.: GDP – Composition of 2015, By Sector of Origin
Figure 54: U.K.: Export and Import Value, 2012-2015 ($Billion)
Figure 55: U.K.: GDP – Composition of 2015, By End Use
Figure 56: Germany: GDP and Population, 2012-2015 ($Trillion, Million)
Figure 57: Germany: GDP – Composition of 2015, By Sector of Origin
Figure 58: Germany: Export and Import Value, 2012-2015 ($Billion)
Figure 59: Germany: GDP – Composition of 2015, By End Use
Figure 60: France: GDP and Population, 2012-2015 ($Trillion, Million)
Figure 61: France: GDP – Composition of 2015, By Sector of Origin
Figure 62: France: Export and Import Value, 2012-2015 ($Billion)
Figure 63: France: GDP – Composition of 2015, By End Use
Figure 64: U.K.: Cooling Towers Market Value, 2015 -2021, ($Million)
Figure 65: France: Cooling Towers Market Value, 2015 -2021, ($Million)
Figure 66: Germany: Cooling Towers Market Value, 2015 -2021, ($Million)
Figure 67: Spain: Cooling Towers Market Value, 2015 -2021, ($Million)
Figure 68: Rest Of Europe: Cooling Towers Market Value, 2015 -2021, ($Million)
Figure 69: Europe: Cooling Towers Market CAGR, By Country (%)
Figure 70: China: GDP and Population, 2012-2015 ($Trillion, Million)
Figure 71: China: GDP – Composition of 2015, By Sector of Origin
Figure 72: China: Export and Import Value, 2012-2015 ($Million)
Figure 73: China: GDP – Composition of 2015, By End Use
Figure 74: India: GDP and Population, 2012-2015 ($Trillion, Million)
Figure 75: India: GDP – Composition of 2015, By Sector of Origin
Figure 76: India: Export and Import Value, 2012-2015 ($Million)
Figure 77: India: GDP – Composition of 2015, By End Use
Figure 78: China: Cooling Tower Market Value, 2015 -2021 ($Million)
Figure 79: Australia: Cooling Tower Market Value, 2015 -2021 ($Million)
Figure 80: India: Cooling Tower Market Value, 2015 -2021 ($Million)
Figure 81: Others: Cooling Tower Market Value, 2015 -2021 ($Million)
Figure 82: Asia-Pacific: Cooling Towers Market CAGR, By Country, 2016-2021 (%)
Figure 83: Middle East: Cooling Towers Market Revenue, 2015-2021 ($Million)
Figure 84: Africa: Cooling Towers Market Revenue, 2015-2021 ($Million)
Figure 85: Cooling Tower Market Entropy Development Share, By Strategies, 2012-2018* (%)
Figure 86: Cooling Tower Market Entropy, By Total Number of Developments, 2012-2018* 
Figure 87: Babcock & Wilcox Enterprises, Inc. Revenue, 2013-2015 ($Million)
Figure 88: Babcock & Wilcox Enterprises, Inc. Share, By Business Segment, 2015 (%)
Figure 89: Johnson controls, Inc. Sales, 2013-2015 ($Million)
Figure 90: Johnson controls, Inc. Sales, By Business Segment, 2015 (%)
Figure 91: Johnson controls, Inc. Sales, By Geography, 2015 (%)
Figure 92: SPX Cooling Technologies Inc. , Revenue, 2012-2015 ($Billion)
Figure 93: SPX Cooling Technologies Inc. Revenue,By Business Segment, 2015 (%) 
Figure 94: SPX Cooling Technologies Inc. Revenue, By Geography, 2015 (%)