In 2022, the global market for combi coolers is estimated to be valued at USD 232 million. Demand for combi coolers is expected to remain strong across various end-use sectors, with the market projected to reach USD 348 million by 2033, growing at a CAGR of 3.8% from 2023 to 2033. In 2023, the market is anticipated to generate USD 240 million.
Global sales of combi coolers are forecasted to grow at a CAGR of 3.7% between 2022 and 2032, reaching a valuation of over USD 332.3 million by the end of that period. This growth is driven by increasing demand from sectors such as oil & gas, chemicals, energy & transmission, automotive & aerospace, and heavy machinery manufacturing.
Screw compressors, commonly used as a power source by leading global manufacturers, play a key role in the expansion of the combi cooler market. These compressors are widely used in industries like oil and gas, pharmaceuticals, food and beverages, and automotive, enabling faster mass production of complex products and machinery. As a result, rising demand for screw compressors is fueling growth in the combi cooler market.
Combi coolers are also in high demand because they eliminate the need for bulky, expensive, and complicated condenser units. Additionally, they require less installation effort, both indoors and outdoors, further boosting their adoption.
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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