What is Double Pipe Heat Exchanger Market?
A double pipe heat exchanger is defined as the only one pipe inside another bigger pipe. One liquid move through within pipe and other flows through the annulus among the two pipes. It is also known as jacketed U-tube heat exchangers, jacked pipe, concentric pipe and hairpin. The main function of the double heat exchanger is one fluid flows in the inner pipe whereas a second fluid flows in the outer pipe annuals. Some of the major advantages of the double pipe heat exchanger are very simple to constructs, very easy of operation, hairpin constructions handle differential thermal expansions, suited to high-pressure applications, modular type construction, standardization, simplifies maintenance, servicing and stocking of parts, among others.
The market study is being classified by Type (Plate Heat Exchangers, Extended Surface Heat Exchangers {Plate Fin Heat Exchanger, Tube Fin Heat Exchanger} and Tubular Heat Exchangers), by Application (Boiler, Coolers, Condensers, Evaporators and Others) and major geographies with country level break-up.
Graham Hart (United Kingdom), Koch Heat Transfer Company (United States), J&M Industrial (United States), KNM Group Berhad (Malaysia), HS Cooler GmbH Wittenburg (Germany), Xylem Inc. (United States), Chicago Bridge&Iron Company (United States), Alfa Laval AB (Sweden), Vahterus Oy (Finland) and Barriquand Technologies Thermiques (France) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Sondex Heat Exchangers Ningbo Co Ltd (China), Kelvion Holding GmbH (Germany), API Heat Transfer Inc. (United States), Harsco Industrial Air-X-Changers (United States), Hamon Group (Belgium), SPX Cooling Technologies, Inc. (United States), Tranter Inc. (United States), Air Products and Chemicals, Inc. (United States) and Hisaka works, ltd. (Japan).
The market is highly fragmented with the presence of various players operating in the market. Various players operating in the market such as Graham Hart (United Kingdom), Koch Heat Transfer Company (United States), J&M Industrial (United States), KNM Group Berhad (Malaysia), HS Cooler GmbH Wittenburg (Germany), Xylem Inc. (United States), among others. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Double Pipe Heat Exchanger market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Double Pipe Heat Exchanger market by Type, Application and Region.
On the basis of geography, the market of Double Pipe Heat Exchanger has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Usage of Double Heat Exchanger in Various Application
- Rapid Industrial Expansions in the Developing Markets of Asia Pacific
- Growing Demand for Cooling as well as Heating Equipment
Market Trend
- Technology Advancement Regarding Double Pipe Heat Exchanger
Restraints
- Possibility of Leakage Increases Owing to the Number of Connections Increases
- Major Problem regarding can’t be Used in Handling Dirty Fluids
Opportunities
- Growing Demand from Emerging Economies, including China, India, among others
Challenges
- Lack of Awareness about Energy Efficiency in Buildings
Key Target Audience
Double Pipe Heat Exchanger Manufacturer, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others