Global Plate Heat Exchanger Market Valuation Predicted to Surpass USD 6,463.9 Million by 2033, Surging Steadily at 4.6% CAGR

Global sales of plate heat exchangers are set to be valued at over USD 4,113.9 million in 2023. From 2023 to 2032, the worldwide plate heat exchanger market will expand at 4.6% CAGR. Total market size at the end of 2033 is likely to reach USD 6,463.9 million. Growing demand from industries such as chemical processing, food & beverage industries, etc. is …

Plate Heat Exchanger Market is anticipated to be appraised at US$ 4,987.3 Mn by 2032

A CAGR of 3.8% is expected of the global plate heat exchanger market due to the growing demand during the forecast period. It is anticipated to be appraised at US$ 4,987.3 Mn by 2032, up from US$ 3,450 Mn in 2022. Rapid industrialization expansion, along with a notable rise in HVACR deployment and other industrial activities, is …

Plate Heat Exchanger Are Widely Used In Refrigerant Or In Food & Beverages Processing-FMI

Plate heat exchanger generally uses metal plates to transfer heat between two fluids. It operates in same way as shell and tube heat exchanger, using a series of arranged plates instead of tubes. Plate heat exchanger can be of various type such as gasketed plate, brazed plate and welded plate. Among these, brazed plate heat …