Italy Plate & Frame Heat Exchangers Market Size & Outlook
Italy plate & frame heat exchangers market, 2018-2030 (US$M)
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Italy plate & frame heat exchangers market highlights
- The Italy plate & frame heat exchangers market generated a revenue of USD 482.8 million in 2023 and is expected to reach USD 666.5 million by 2030.
- The Italy market is expected to grow at a CAGR of 4.7% 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 482.8 million |
| Market revenue in 2030 | USD 666.5 million |
| Growth rate | 4.7% (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, Italy accounted for 8.2% 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 Europe, Italy plate & frame heat exchangers market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 541.4 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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Italy 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 53.75% in 2023. Horizon Databook has segmented the Italy plate & frame heat exchangers market based on brazed, gasketed, welded covering the revenue growth of each sub-segment from 2018 to 2030.
The Italian plate and frame heat exchangers market is characterized by rising product demand from the power generation, chemical, and food and beverage sectors. Italy is expected to gain significance as a major trading hub for chemicals in the coming years.
According to the National Association of Building Contractors (ANCE), this surge is not just a temporary boost, but a trend expected to continue in the coming years, largely fueled by sustained public works and infrastructure projects. A well-developed construction landscape is set to have a cascading effect on related industries, one of which is the chemicals industry.
The connection between construction growth and the chemicals industry is particularly significant in the context of construction chemicals. These materials, essential for enhancing the durability, longevity, and environmental sustainability of buildings, generate more demand with the growth of construction projects.
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Our clientele includes a mix of plate & frame heat exchangers market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy plate & frame heat exchangers market , including forecasts for subscribers. This country databook contains high-level insights into Italy plate & frame heat exchangers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy plate & frame heat exchangers market size, by product, 2018-2030 (US$M)
Italy Plate & Frame Heat Exchangers Market Outlook Share, 2023 & 2030 (US$M)
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