Argentina Plate & Frame Heat Exchangers Market Size & Outlook
Argentina plate & frame heat exchangers market, 2018-2030 (US$M)
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Argentina plate & frame heat exchangers market highlights
- The Argentina plate & frame heat exchangers market generated a revenue of USD 110.2 million in 2023 and is expected to reach USD 169.0 million by 2030.
- The Argentina market is expected to grow at a CAGR of 6.3% from 2024 to 2030.
- In terms of segment, gasketed was the largest revenue generating product in 2023.
- Brazed is the most lucrative product segment registering the fastest growth during the forecast period.
Plate & frame heat exchangers market data book summary
| Market revenue in 2023 | USD 110.2 million |
| Market revenue in 2030 | USD 169.0 million |
| Growth rate | 6.3% (CAGR from 2023 to 2030) |
| Largest segment | Gasketed |
| Fastest growing segment | Brazed |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Brazed, Gasketed, Welded |
| Key market players worldwide | Alfa Laval AB, API Heat Transfer, Danfoss A/S, Kelvion, Nexson Group, SPX FLOW, Hisaka Works, Tranter, WCR, Gooch Thermal Systems, HFM |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.9% of the global plate & frame 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 plate & frame 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 244.7 million by 2030.
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Plate & Frame Heat Exchangers Market Scope
Plate & Frame Heat Exchangers Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina plate & frame 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 plate & frame heat exchangers market will help companies and investors design strategic landscapes.
Gasketed was the largest segment with a revenue share of 58.89% in 2023. Horizon Databook has segmented the Argentina plate & frame heat exchangers market based on brazed, gasketed, welded covering the revenue growth of each sub-segment from 2018 to 2030.
Plate & frame heat exchangers are essential components in chiller systems as they play a crucial role in the transfer of heat for cooling processes. The efficiency and effectiveness of these exchangers in managing temperatures make them integral to the operations of HVAC systems, especially in settings that require precise temperature control, including medical and educational facilities.
In Argentina, the growth of plate & frame heat exchangers market is witnessing a notable upward trend owing to diverse applications of plate & frame heat exchangers in industries that focus on energy efficiency.
Additionally, the dairy industry of Argentina that is one of the largest in Central & South America utilizes plate & frame heat exchangers for milk pasteurization processes to ensure the safety and quality of dairy products. These examples underscore the versatility and efficiency of plate & frame heat exchangers in terms of their applications, thereby fueling their demand across various industries in Argentina.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina plate & frame heat exchangers market , including forecasts for subscribers. This country databook contains high-level insights into Argentina plate & frame heat exchangers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina plate & frame heat exchangers market size, by product, 2018-2030 (US$M)
Argentina Plate & Frame Heat Exchangers Market Outlook Share, 2023 & 2030 (US$M)
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