Global Cooling Tower Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2023 to 2030

List of Tables

The global demand for Cooling Tower Market is presumed to reach the market size of nearly USD 8.88 BN by 2030 from USD 5.32 BN in 2022 with a CAGR of 6.62% under the study period of 2023 - 2030.

A cooling tower refers to the device used to eliminate heat from the atmosphere by cooling a cooling stream to a lower temperature. The air is brought in direct contact with water so as to reduce the water's temperature. In this process, a small volume of water evaporates and lowers the temperature of water circulated throughout the cooling power. They are used for various applications, including cooling the circulating water used in oil refineries, thermal power stations, nuclear power stations and HVAC systems for cooling buildings. They lower the risk of bacterial contamination as well as extends the equipment life. They also decrease the need for manual maintenance and requirements.

MARKET DYNAMICS:

The key factor driving the demand for the cooling tower market is global warming which is leading to changing and unpredictable weather conditions. Rising industrial and manufacturing activities along with the expansion of chemical, petrochemical and fertiliser industries are surging the demand for this market. Growing demand for electricity and increasing investments toward capacity addition across the power generation sector are fostering the demand for this market. Shifting consumer preferences and inclination toward sustainable cooling technologies are propelling the demand for this market. The introduction of favourable regulatory policies on the development of renewable power-generating sources is fueling the demand for this market. Rising demand from the nuclear power generation sector is boosting the growth of this market.

The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of cooling tower. The growth and trends of Cooling Tower Industry provide a holistic approach to this study.

MARKET SEGMENTATION:

This section of the cooling tower market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Type

Evaporative Cooling Tower
Dry Cooling Tower
Hybrid Cooling Tower

By Design

Mechanical Draft
Natural Draft

By Material

Concrete
Steel
FRP
Wood

By Flow Type

Crossflow
Counterflow

By Technology

Open Circuit
Close Circuit
Hybrid Circuit

By Application

Power Generation
Hvacr
Food & Beverage
Chemical
Petrochemical And Oil & Gas
Others

REGIONAL ANALYSIS:

This section covers the regional outlook, which accentuates current and future demand for the Cooling Tower market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the cooling tower market include EVAPCO (US), Baltimore Aircoil Company Inc. (US), SPX Corporation (US), Artech Cooling Towers Pvt. Ltd. (India), Babcock & Wilcox Enterprises (US), Brentwood Industries (US), Johnson Controls Inc. (Ireland), Paharpur Cooling Tower Ltd. (India), Enexio (Germany), and Hamon & CIE International (Belgium). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

Product Code: VMR11218358

1 . PREFACE

1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology

2 . EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3 . COOLING TOWER - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Type
- 3.7.2 Market Attractiveness Analysis By Design
- 3.7.3 Market Attractiveness Analysis By Material
- 3.7.4 Market Attractiveness Analysis By Flow Type
- 3.7.5 Market Attractiveness Analysis By Technology
- 3.7.6 Market Attractiveness Analysis By Application
- 3.7.7 Market Attractiveness Analysis By Region

4 . VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1. List of Raw Materials
- 4.2.2. Raw Material Manufactures List
- 4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1. Direct Marketing
- 4.4.2. Indirect Marketing
- 4.4.3. Marketing Channel Development Trend

5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK

6 . GLOBAL COOLING TOWER MARKET ANALYSIS BY TYPE

6.1 Overview by Type
6.2 Historical and Forecast Data
6.3 Analysis by Type
6.4 Evaporative Cooling Tower Historic and Forecast Sales by Regions
6.5 Dry Cooling Tower Historic and Forecast Sales by Regions
6.6 Hybrid Cooling Tower Historic and Forecast Sales by Regions

7 . GLOBAL COOLING TOWER MARKET ANALYSIS BY DESIGN

7.1 Overview by Design
7.2 Historical and Forecast Data
7.3 Analysis by Design
7.4 Mechanical Draft Historic and Forecast Sales by Regions
7.5 Natural Draft Historic and Forecast Sales by Regions

8 . GLOBAL COOLING TOWER MARKET ANALYSIS BY MATERIAL

8.1 Overview by Material
8.2 Historical and Forecast Data
8.3 Analysis by Material
8.4 Concrete Historic and Forecast Sales by Regions
8.5 Steel Historic and Forecast Sales by Regions
8.6 FRP Historic and Forecast Sales by Regions
8.7 Wood Historic and Forecast Sales by Regions

9 . GLOBAL COOLING TOWER MARKET ANALYSIS BY FLOW TYPE

9.1 Overview by Flow Type
9.2 Historical and Forecast Data
9.3 Analysis by Flow Type
9.4 Crossflow Historic and Forecast Sales by Regions
9.5 Counterflow Historic and Forecast Sales by Regions

10 . GLOBAL COOLING TOWER MARKET ANALYSIS BY TECHNOLOGY

10.1 Overview by Technology
10.2 Historical and Forecast Data
10.3 Analysis by Technology
10.4 Open Circuit Historic and Forecast Sales by Regions
10.5 Close Circuit Historic and Forecast Sales by Regions
10.6 Hybrid Circuit Historic and Forecast Sales by Regions

11 . GLOBAL COOLING TOWER MARKET ANALYSIS BY APPLICATION

11.1 Overview by Application
11.2 Historical and Forecast Data
11.3 Analysis by Application
11.4 Power Generation Historic and Forecast Sales by Regions
11.5 HVACR Historic and Forecast Sales by Regions
11.6 Food & Beverage Historic and Forecast Sales by Regions
11.7 Chemical Historic and Forecast Sales by Regions
11.8 Petrochemical And Oil & Gas Historic and Forecast Sales by Regions
11.9 Others Historic and Forecast Sales by Regions

12 . GLOBAL COOLING TOWER MARKET ANALYSIS BY GEOGRAPHY

12.1. Regional Outlook
12.2. Introduction
12.3. North America Sales Analysis
- 12.3.1. Overview, Historic and Forecast Data Sales Analysis
- 12.3.2. North America By Segment Sales Analysis
- 12.3.3. North America By Country Sales Analysis
- 12.3.4. United State Sales Analysis
- 12.3.5. Canada Sales Analysis
- 12.3.6. Mexico Sales Analysis
12.4. Europe Sales Analysis
- 12.4.1. Overview, Historic and Forecast Data Sales Analysis
- 12.4.2. Europe by Segment Sales Analysis
- 12.4.3. Europe by Country Sales Analysis
- 12.4.4. United Kingdom Sales Analysis
- 12.4.5. France Sales Analysis
- 12.4.6. Germany Sales Analysis
- 12.4.7. Italy Sales Analysis
- 12.4.8. Russia Sales Analysis
- 12.4.9. Rest Of Europe Sales Analysis
12.5. Asia Pacific Sales Analysis
- 12.5.1. Overview, Historic and Forecast Data Sales Analysis
- 12.5.2. Asia Pacific by Segment Sales Analysis
- 12.5.3. Asia Pacific by Country Sales Analysis
- 12.5.4. China Sales Analysis
- 12.5.5. India Sales Analysis
- 12.5.6. Japan Sales Analysis
- 12.5.7. South Korea Sales Analysis
- 12.5.8. Australia Sales Analysis
- 12.5.9. Rest Of Asia Pacific Sales Analysis
12.6. Latin America Sales Analysis
- 12.6.1. Overview, Historic and Forecast Data Sales Analysis
- 12.6.2. Latin America by Segment Sales Analysis
- 12.6.3. Latin America by Country Sales Analysis
- 12.6.4. Brazil Sales Analysis
- 12.6.5. Argentina Sales Analysis
- 12.6.6. Peru Sales Analysis
- 12.6.7. Chile Sales Analysis
- 12.6.8. Rest of Latin America Sales Analysis
12.7. Middle East & Africa Sales Analysis
- 12.7.1. Overview, Historic and Forecast Data Sales Analysis
- 12.7.2. Middle East & Africa by Segment Sales Analysis
- 12.7.3. Middle East & Africa by Country Sales Analysis
- 12.7.4. Saudi Arabia Sales Analysis
- 12.7.5. UAE Sales Analysis
- 12.7.6. Israel Sales Analysis
- 12.7.7. South Africa Sales Analysis
- 12.7.8. Rest Of Middle East And Africa Sales Analysis

13 . COMPETITIVE LANDSCAPE OF THE COOLING TOWER COMPANIES

13.1. Cooling Tower Market Competition
13.2. Partnership/Collaboration/Agreement
13.3. Merger And Acquisitions
13.4. New Product Launch
13.5. Other Developments

14 . COMPANY PROFILES OF COOLING TOWER INDUSTRY

14.1. Company Share Analysis
14.2. Market Concentration Rate
14.3. EVAPCO (US)
- 14.3.1. Company Overview
- 14.3.2. Company Revenue
- 14.3.3. Products
- 14.3.4. Recent Developments
14.4. Baltimore Aircoil Company Inc. (US)
- 14.4.1. Company Overview
- 14.4.2. Company Revenue
- 14.4.3. Products
- 14.4.4. Recent Developments
14.5. SPX Corporation (US)
- 14.5.1. Company Overview
- 14.5.2. Company Revenue
- 14.5.3. Products
- 14.5.4. Recent Developments
14.6. Artech Cooling Towers Pvt. Ltd. (India)
- 14.6.1. Company Overview
- 14.6.2. Company Revenue
- 14.6.3. Products
- 14.6.4. Recent Developments
14.7. Babcock & Wilcox Enterprises (US)
- 14.7.1. Company Overview
- 14.7.2. Company Revenue
- 14.7.3. Products
- 14.7.4. Recent Developments
14.8. Brentwood Industries (US)
- 14.8.1. Company Overview
- 14.8.2. Company Revenue
- 14.8.3. Products
- 14.8.4. Recent Developments
14.9. Johnson Controls Inc. (Ireland)
- 14.9.1. Company Overview
- 14.9.2. Company Revenue
- 14.9.3. Products
- 14.9.4. Recent Developments
14.10. Paharpur Cooling Tower Ltd. (India)
- 14.10.1. Company Overview
- 14.10.2. Company Revenue
- 14.10.3. Products
- 14.10.4. Recent Developments
14.11. Enexio (Germany)
- 14.11.1. Company Overview
- 14.11.2. Company Revenue
- 14.11.3. Products
- 14.11.4. Recent Developments
14.12. Hamon & CIE International (Belgium)
- 14.12.1. Company Overview
- 14.12.2. Company Revenue
- 14.12.3. Products
- 14.12.4. Recent Developments

Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies