In 2022, the global market for combi coolers is estimated to be valued at around USD 232 million in 2022. Demand is expected to remain robust across various end-use sectors, with projections indicating the market will reach USD 348 million by 2033, growing at a CAGR of 3.8% from 2023 to 2033. The market is anticipated to generate approximately USD 240 million in 2023.
This growth is fueled by increasing demand from industries such as oil and gas, chemicals, energy and transmission, automotive and aerospace, and heavy machinery manufacturing.
Screw compressors, commonly used as a power source by leading manufacturers, play a crucial role in the growth of the combi cooler market. These compressors are widely applied in sectors including oil and gas, pharmaceuticals, food and beverages, and automotive, enabling faster mass production of complex products and machinery. As a result, the rising demand for screw compressors is driving expansion in the combi cooler market.
The demand for combi coolers is also heightened by their capacity to eliminate the need for bulky, costly, and complicated condenser units. Additionally, they require less installation effort, both indoors and outdoors, which further enhances their appeal across various applications.
Key Takeaways From the Market study:
- Based on power, the 250 to 400 Kw combi cooler segment will account for 33.5% of the total market share in 2022.
- By material, sales of aluminum combi cooler will hold about 69.3% of the total market share.
- In terms of end use, the oil & gas segment will create an absolute dollar opportunity worth US$ 16.7 Mn during the forecast period.
- By 2032, Europe is expected to have the largest share in the global market, accounting for around 27% share.
Market Landscape
HAINZL INDUSTRIESYSTEME GmbH, Standard Radiators Pvt. Ltd., HYDAC INTERNATIONAL GmbH, EMMEGI Heat Exchangers Inc., ROTORCOMP VERDICHTER GmbH, G&M Radiator, ACP (Changzhou) Heat Exchanger Co., Ltd., KTR Systems GmbH, EMMEGI GmbH, Oesse Srl, Thermex Ltd, GDM Cooler Manufacturing Ltd, Dolphin Manufacturing LLC, Engendren Corporation, Horizon Enterprise, COMP AIR TREATMENT SYSTEM P. LTD. ,Wuxi Guanyun Heat Exchanger Co.,Ltd., and WUXI XINSHENG HEAT EXCHANGER TECHNOLOGY CO.,LTD are some of the key manufacturers of combi coolers.
Key Segments Covered in Combi Cooler Market Analysis
By Power:
- Upto 10 Kw
- 10 to 50 Kw
- 50 to 250 Kw
- 250 to 400 Kw
- Above 400 Kw
By Material:
- Aluminium
- Copper
- Brass
- Others
By End Use:
- Oil and Gas Industry
- Chemical Industry
- Energy and Transmission
- Automotive and Aerospace
- Mining and Material
- Others Manufacturing Machineries
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia and the Pacific
- Middle East & Africa
Report Preview: https://www.futuremarketinsights.com/reports/combi-cooler-market
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