Latin America Shell And Tube Heat Exchanger Market Size & Outlook
Latin America shell and tube heat exchanger market, 2018-2030 (US$M)
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Latin America shell and tube heat exchanger market highlights
- The Latin America shell and tube heat exchanger market generated a revenue of USD 487.2 million in 2022.
- The market is expected to grow at a CAGR of 5.1% from 2023 to 2030.
- In terms of segment, steel was the largest revenue generating material in 2022.
- Haste Alloy is the most lucrative material segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 487.2 million |
| Market revenue in 2030 | USD 726.8 million |
| Growth rate | 5.1% (CAGR from 2022 to 2030) |
| Largest segment | Steel |
| Fastest growing segment | Haste Alloy |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Haste Alloy, Titanium, Nickel & Nickel Alloys, Tantalum, Steel |
| Key market players worldwide | Alfa Laval AB, APi Group Corp, Braskem SA ADR, Xylem Inc, Western Capital Resources Inc, Southern Co, Manning Ventures Inc Ordinary Shares, Mersen SA, Brask Inc., Koch Industries, HRS Heat Exchangers, Thermex |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.8% of the global shell and tube heat exchanger market in 2022.
- 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 3,142.9 million by 2030.
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Shell And Tube Heat Exchanger Market Scope
Shell And Tube Heat Exchanger Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America shell and tube heat exchanger 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 shell and tube heat exchanger market will help companies and investors design strategic landscapes.
Steel was the largest segment with a revenue share of 30.97% in 2022. Horizon Databook has segmented the Latin America shell and tube heat exchanger market based on haste alloy, titanium, nickel & nickel alloys, tantalum, steel covering the revenue growth of each sub-segment from 2018 to 2030.
Central & South America shell & tube heat exchangers market accounted for over 7.8% of the overall market revenue in 2019. The market offers tremendous potential and opportunities in the field of heat exchangers.
Most Central & South American countries such as Brazil, Colombia, Argentina, and Venezuela with large current account deficits are reeling from the volatility in their regional markets brought about by the Brexit crisis.
A fall in investor confidence is likely to prevent oil prices from recovering, and this factor is anticipated to affect exports and fiscal revenue in oil-producing economies such as Ecuador, Colombia, and Venezuela.
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Our clientele includes a mix of shell and tube heat exchanger market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America shell and tube heat exchanger market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America shell and tube heat exchanger market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America shell and tube heat exchanger market size, by country, 2018-2030 (US$M)
Latin America Shell And Tube Heat Exchanger Market Outlook Share, 2022 & 2030 (US$M)
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