Brazil Heat Exchangers Market Size & Outlook, 2023-2030
Brazil heat exchangers market, 2018-2030 (US$M)
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Brazil heat exchangers market highlights
- The Brazil heat exchangers market generated a revenue of USD 461.7 million in 2023 and is expected to reach USD 663.1 million by 2030.
- The Brazil market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- In terms of segment, shell & tube was the largest revenue generating product in 2023.
- Plate & Frame is the most lucrative product segment registering the fastest growth during the forecast period.
Heat exchangers market data book summary
| Market revenue in 2023 | USD 461.7 million |
| Market revenue in 2030 | USD 663.1 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Shell & tube |
| Fastest growing segment | Plate & Frame |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plate & Frame, Shell & Tube, Air-cooled |
| Key market players worldwide | Alfa Laval AB, Danfoss A/S, Kelvion, Xylem Inc, API Heat Transfer, Mersen SA, Hisaka Works, Chart Industries Inc, Johnson Controls International PLC, HRS Heat Exchangers, SPX Technologies Inc, Koch Industries, Southern Co, Güntner, FUNKE |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.5% of the global heat exchangers market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil heat exchangers market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 663.1 million by 2030.
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Heat Exchangers Market Scope
Heat Exchangers Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil heat exchangers 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 heat exchangers market will help companies and investors design strategic landscapes.
Shell & tube was the largest segment with a revenue share of 35.17% in 2023. Horizon Databook has segmented the Brazil heat exchangers market based on plate & frame, shell & tube, air-cooled covering the revenue growth of each sub-segment from 2018 to 2030.
The oil & gas production in Brazil has been growing significantly since the past few years. Rise in chemical manufacturing activities along with ongoing oil & gas activities in the country is expected to drive the demand for heat exchangers in these end-use segments.
Brazil heat exchangers market is expected to witness significant growth owing to a considerable rise in construction activities in industrial and commercial markets. An increase in the establishment of independent power plants and advancements in technology are anticipated to fuel the product demand in Brazil over the forecast period.
Heat exchangers are used in applications such as chilling, heating, and brewing in food processing facilities. Furthermore, heat exchangers play a significant role in brewing and pasteurization of alcoholic beverages.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil heat exchangers market , including forecasts for subscribers. This country databook contains high-level insights into Brazil heat exchangers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil heat exchangers market size, by product, 2018-2030 (US$M)
Brazil Heat Exchangers Market Outlook Share, 2023 & 2030 (US$M)
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