Global Cooling Towers Markets 2015-2018 & 2022:

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News Desk 2018

Jun 25, 2018 at 4:30 AM 58

Global Cooling Towers Markets 2015-2018 & 2022: Petrochemical Industry Offers Mixed Bag of Opportunities & Challenges for Cooling Towers

Dublin, June 25, 2018 (GLOBE NEWSWIRE) -- The "Cooling Towers - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2015 through 2022. Also, a six-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. This report analyzes the worldwide markets for Cooling Towers in US$ Thousand by the following End Use Segments:

Air Conditioning/HVAC Applications
Heavy Industrial & Utility Applications
Chemical Industry
Other Applications

The report profiles 64 companies including many key and niche players such as:

Babcock & Wilcox Enterprises, Inc (US)
Baltimore Aircoil Company (USA)
BERG Chilling Systems, Inc. (Canada)
Brentwood Industries, Inc. (USA)
Cooling Tower Depot, Inc. (USA)
Cooling Tower Systems, Inc. (USA)
Delta Cooling Towers, Inc. (USA)
ENGIE Refrigeration GmbH (Germany)
Evapco, Inc. (USA)
Gactel Turnkey Projects Ltd (India)
HAMON & CIE SA (Belgium)
Ilmed Impianti Srl (Italy)
Kelvion Holding GmbH (Germany)
Liang Chi Industry Co. Ltd (Taiwan)
Mesan Cooling Tower Ltd. (Hong Kong)
OK-Markovi Ltd. (Bulgaria)
Paharpur Cooling Towers Limited (India)
Ryowo Holding Co., Ltd. (Hong Kong)
SPX Corporation (USA)
SPX Cooling Technologies, Inc (USA)
Star Cooling Towers LP (USA)
Superchill Australia Pty Ltd. (Australia)
Thermal Care, Inc (USA)
Tower Tech, Inc. (USA)

Key Topics Covered:

1. INDUSTRY OVERVIEW Heat Exchangers A Rudimentary Overview Cooling Towers A Market Perspective Impact of Economic Upheavals in Recent Past on Cooling Towers Market A Retrospective Review Market Hits a Low During 2007-2009 Economic Recession Following an Encouraging Recovery in 2010, Market Growth Tempered Once Again During 2012 & 2013 Continued Lethargy in Global Economic Recovery Creates Soft Growth Patches in the Cooling Towers Market Global Economy Continues to Tread On Egg Shells Mixed Outlook for Cooling Towers Market as Slow But Encouraging Economic Recovery Presents Both Opportunities & Challenges Outlook Europe The Traditional Revenue Contributor Reaching Market Maturity Asia-Pacific Continues to Remain Hotspot for Growth 2. MARKET TRENDS, GROWTH DRIVERS AND ISSUES Improvement in Non-Residential Construction Activity Boosts HVAC Deployments Bodes Well for Cooling Towers Market Steady Growth in Electricity Generation & Continued Reliance on Traditional Power Generation Creates Demand for Cooling Towers Coal-Fired Power Generators Boost Cooling Towers Sales Existing and Proposed Nuclear Reactors Augurs Well for Cooling Towers Opportunity Indicators Prolonged Decline in Oil Prices & Uncertain Exploration Investments Dampen the Demand Outlook in the Oil & Gas End- Use Sector Chemical Industry Presents Mixed Outlook for Cooling Towers Demand Petrochemical Industry too Offers Mixed Bag of Opportunities & Challenges for Cooling Towers Falling Agricultural Commodity & Oil Prices to Spur Growth in the Food Processing Industry & Benefit Demand for Cooling Towers Steel Manufacturing A Key End Use Market Growing Focus on Achieving Energy Efficiency & Reducing Water Consumption Driving Demand for Cooling Towers in Key End-Use Industries Environmental Norms Governing Key Industries Drive Demand for Cooling Towers Replacements Demand on the Rise Key Product Related Trends While Open Circuit Cooling Towers Continue to Dominate the Market Closed Cooling Towers Gain Focus Due to their Water Saving Ability Dry Cooling Towers Enjoy High Penetration Rates Hybrid Cooling Towers Expand Presence Field Erected Cooling Towers Major Revenue Contributor Round Bottle Cooling Towers in Vogue Technology Developments & Product Innovations Critical to Market Growth Energy Efficiency & Eco-Friendliness: Buzzwords for Product Innovation Automation Systems Makes In Roads Modular Cooling Towers Gain Adoption at the Expense of Conventional Cooling Towers Temporary Cooling Towers Makes the Cut Portable Cooling Towers Gain Widespread Popularity Electric Pulse Technology An Alternative to Water Treatment Chemicals in Cooling Towers Use of FRP as Structural Material for Cooling Tower Manufacturing Grows in Prominence Competition Manufacturers to Focus on Enhancing Customer Service Efforts as a Competitive Strategy Key Challenges & Issues Pricing Pressures Become Intense with Rising Competition from Alternative Technologies and Growing Presence of Low Cost Manufacturers Air Cooled Condensers A Major Threat for Cooling Towers Gradual Shift Away from Traditional Coal-Fired and Nuclear Power Plants to Renewable Energy Projects A Cause of Concern Environmental Concerns Continue to Dog Cooling Towers Market High Dependency on Water A Major Issue for Cooling Towers in Some Markets Long Lead Times and Lack of Labor Key Challenges Technical Issues & Maintenance Costs 3. PRODUCT OVERVIEW 4. REGULATIONS IMPACTING THE INDUSTRY Legionnaire's Disease Prevention of Significant Deterioration (PSD) permits New Source Review (NSR) Permits Title V Operating Permits NESHAP Regulations Toxic Release Inventory (TRI) Reports Comprehensive Environmental Response, Compensation and Liability Act (CERCLA) Environment Protection Agency (EPA) Monitoring of Cooling Tower Performance 5. RECENT INDUSTRY ACTIVITY B&W Acquires SPIG HAMON POLSKA Bags Natural Draft Cooling Tower Order Paharpur Cooling Towers Ltd Agrees to Buy SPX' Dry Cooling Business Researchers from the University of Queensland's Geothermal Energy Centre of Excellence Develop Modular Hybrid Cooling Tower Baltimore Aircoil Company Releases a New Series 3000 Cooling Tower with ENDURADRIVE Fan System Evapco Introduces New Cooling Tower -"AXS" Triton Acquires GEA's Heat Exchangers Business Evapco Introduces First-of-its-Kind CTI Cert. Cooling Tower Conair Introduces Energy Efficient EarthSmart Adiabatic Cooling Towers Ecolab Acquires Purate Business from AkzoNobel MFRI Inc. Voices Intentions to Divest Subsidiary Company Thermal Care J.D. Cousins Unveils EconoCool Southern Cooling Towers Introduces Draft FRP CoolingTowers Aggreko Introduces Portable Cooling Tower 6. FOCUS ON SELECT GLOBAL PLAYERS 7. GLOBAL MARKET PERSPECTIVE Total Companies Profiled: 64 (including Divisions/Subsidiaries 79)

The United States (21)
Canada (1)
Japan (1)
Europe (28)
- France (2)
- Germany (5)
- The United Kingdom (5)
- Italy (3)
- Spain (1)
- Rest of Europe (12)
Asia-Pacific (Excluding Japan) (19)
Middle East (6)
Africa (3)

For more information about this report visit https://www.researchandmarkets.com/research/8...oling?w=12

CONTACT: ResearchAndMarkets.com Laura Wood, Senior Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 Related Topics: Heat Exchangers and Cooling Towers

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