Latin America Field-erected Cooling Tower Market Size & Outlook
Latin America field-erected cooling tower market highlights
- The Latin America field-erected cooling tower market generated a revenue of USD 145.3 million in 2023.
- The market is expected to grow at a CAGR of 3.7% from 2024 to 2030.
- In terms of segment, wet was the largest revenue generating tower type in 2023.
- Wet is the most lucrative tower type segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 145.3 million |
| Market revenue in 2030 | USD 187.0 million |
| Growth rate | 3.7% (CAGR from 2024 to 2030) |
| Largest segment | Wet |
| Fastest growing segment | Wet |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wet |
| Key market players worldwide | Star Cooling Towers, Composite Cooling Solutions, EvapTech, Inc., MESAN, International Cooling Tower, EVAPCO, Inc., Delta Cooling Towers, Brentwood Industries, Babcock & Wilcox Enterprises Inc, Paharpur Cooling Towers, Hamon, Enexio, SPX Cooling Technologies |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.9% of the global field-erected cooling tower market in 2023.
- 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 1,346.3 million by 2030.
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Field-Erected Cooling Tower Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| SPX Cooling Technologies | View profile | 501-1000 | Overland Park, Kansas, United States, North America | https://www.spxcooling.com/ |
| Enexio | View profile | 501-1000 | Herne, Nordrhein-Westfalen, Germany, Europe | https://www.enexio.com/ |
| Paharpur Cooling Towers | View profile | 1001-5000 | Kolkata, West Bengal, India, Asia | https://www.paharpur.com |
| Delta Cooling Towers | View profile | 51-100 | Wharton, New Jersey, United States, North America | https://deltacooling.com/ |
| EVAPCO, Inc. | View profile | 1001-5000 | Taneytown, Maryland, United States, North America | http://evapco.com |
| International Cooling Tower | View profile | 501-1000 | Edmonton, Alberta, Canada, North America | http://www.ictower.com |
| MESAN | View profile | 101-250 | Sham Shui Po, Kowloon, Hong Kong, Asia | http://www.mesanct.com |
| EvapTech, Inc. | View profile | 101-250 | Westminster, Maryland, United States, North America | http://evaptech.com |
| Composite Cooling Solutions | View profile | 11-50 | Fort Worth, Texas, United States, North America | https://www.compositecooling.com |
| Star Cooling Towers | View profile | 11-50 | Deer Park, Texas, United States, North America | https://www.starcoolingtowers.com |
| Hamon | View profile | - | Merdrignac, Bretagne, France, Europe | http://scierie-hamon.fr |
| Brentwood Industries | View profile | 501-1000 | Reading, Pennsylvania, United States, North America | http://www.brentwoodindustries.com/ |
| Babcock & Wilcox Enterprises Inc | View profile | 2250 | 1200 East Market Street, Suite 650, Akron, OH, United States, 44305 | https://www.babcock.com |
Latin America field-erected cooling tower 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 field-erected cooling tower market will help companies and investors design strategic landscapes.
Wet was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America field-erected cooling tower market based on wet covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America field-erected cooling tower market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America field-erected cooling tower market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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