Brazil Plate & Frame Heat Exchangers Market Size & Outlook
Brazil plate & frame heat exchangers market, 2018-2030 (US$M)
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Brazil plate & frame heat exchangers market highlights
- The Brazil plate & frame heat exchangers market generated a revenue of USD 157.8 million in 2023 and is expected to reach USD 244.7 million by 2030.
- The Brazil market is expected to grow at a CAGR of 6.5% 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 157.8 million |
| Market revenue in 2030 | USD 244.7 million |
| Growth rate | 6.5% (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, Brazil accounted for 2.7% 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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Brazil 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 57.92% in 2023. Horizon Databook has segmented the Brazil plate & frame heat exchangers market based on brazed, gasketed, welded covering the revenue growth of each sub-segment from 2018 to 2030.
These heat exchangers are crucial components in HVAC systems. They play a vital role in regulating temperatures within healthcare settings. As Brazil continues to expand and modernize its healthcare infrastructure, the demand for plate & frame heat exchangers is poised to rise in the country in the coming years, driven by the requirement for efficient HVAC systems in new and existing healthcare facilities.
The food & beverages industry is one of the most significant contributors to the economy of Brazil. The Brazilian Food Processors' Association (ABIA) reported that the food processing industry of the country achieved revenues worth USD 208 billion in 2022, thereby recording a 16.6% rise in this revenue compared with that of the previous year.
This performance accounts for a share of 10.8% of the GDP of Brazil in 2022. Plate & frame heat exchangers are employed in the food & beverages industry for precise temperature control and heat recovery during different processes.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil plate & frame heat exchangers market , including forecasts for subscribers. This country databook contains high-level insights into Brazil plate & frame heat exchangers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil plate & frame heat exchangers market size, by product, 2018-2030 (US$M)
Brazil Plate & Frame Heat Exchangers Market Outlook Share, 2023 & 2030 (US$M)
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