Latin America Field-Erected Cooling Tower Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$145.3

Forecast, 2030 (US$M)

$187.0

CAGR, 2024 - 2030

3.7%

Report Coverage

Latin America

Latin America field-erected cooling tower market, 2018-2030 (US$M)

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Global Field-Erected Cooling Tower Industry Outlook

North America Field-Erected Cooling Tower Market Outlook

Europe Field-Erected Cooling Tower Market Outlook

Asia Pacific Field-Erected Cooling Tower Market Outlook

MEA Field-Erected Cooling Tower Market Outlook

Latin America field-erected cooling tower market highlights

The Latin America field-erected cooling tower market generated a revenue of USD 145.3 million in 2023.
The market is expected to grow at a CAGR of 3.7% from 2024 to 2030.
In terms of segment, wet was the largest revenue generating tower type in 2023.
Wet is the most lucrative tower type segment registering the fastest growth during the forecast period.

Latin America data book summary

Market revenue in 2023	USD 145.3 million
Market revenue in 2030	USD 187.0 million
Growth rate	3.7% (CAGR from 2023 to 2030)
Largest segment	Wet
Fastest growing segment	Wet
Historical data covered	2018 - 2022
Base year for estimation	2023
Forecast period covered	2024 - 2030
Quantitative units	Revenue in USD million
Market segmentation	Wet
Key market players worldwide	Star Cooling Towers, Composite Cooling Solutions, EvapTech, Inc., MESAN, International Cooling Tower, EVAPCO, Inc., Delta Cooling Towers, Brentwood Industries, Babcock & Wilcox Enterprises Inc, Paharpur Cooling Towers, Hamon, Enexio, SPX Cooling Technologies

Other key industry trends

In terms of revenue, Latin America region accounted for 6.9% of the global field-erected cooling tower market in 2023.
Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 1,346.3 million by 2030.

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Field-Erected Cooling Tower Market Scope

Field-erected cooling tower market segmentation & scope

Tower Type

Wet

Dry

Hybrid

Design

Nautral Draft

Forced Draft

Inuduced Draft

End Use

Power Generation

Petrochemicals & Oil & Gas

Iron & Steel

Metallurgy

Paper Mills

Others

Regions

Latin America

Europe

North America

Middle East & Africa

Asia Pacific

Countries

Canada

Mexico

U.S.

France

Germany

Italy

Spain

Australia

China

India

Japan

South Korea

Argentina

Brazil

Saudi Arabia

South Africa

UAE

Field-Erected Cooling Tower Market Companies

Name	Profile	# Employees	HQ	Website

Latin America field-erected cooling tower market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to field-erected cooling tower market will help companies and investors design strategic landscapes.

Wet was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America field-erected cooling tower market based on wet covering the revenue growth of each sub-segment from 2018 to 2030.

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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America field-erected cooling tower market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America field-erected cooling tower market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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