Heat Exchanger Market Size, Share & Trends Report

Heat Exchanger Market (2026 - 2033) Size, Share & Trends Analysis Report By Product (Plate & Frame, Shell & Tube, Air-cooled), By Material, By End-use (Chemical & Petrochemical, Oil & Gas), By Region, And Segment Forecasts

Market Segmentation

Heat Exchanger Product Outlook (Revenue, USD Million, 2021 - 2033)
- Plate & Frame Heat Exchanger
  - Brazed Plate & Frame Heat Exchanger
  - Gasketed Plate & Frame Heat Exchanger
  - Welded Plate & Frame Heat Exchanger
  - Others
- Shell & Tube Heat Exchanger
- Air-Cooled Heat Exchanger
- Others
Heat Exchanger Material Outlook (Revenue, USD Million, 2021 - 2033)
- Metals
- Alloys
- Others
Heat Exchanger End Use Outlook (Revenue, USD Million, 2021 - 2033)
- Chemical & Petrochemical
- Oil & Gas
- HVAC & refrigeration
- Power Generation
- Food & Beverage
- Pulp & Paper
- Others
Heat Exchanger Regional Outlook (Revenue, USD Million, 2021 – 2033)
- North America
  - North America Heat Exchanger Market, By Product
    - Plate & Frame Heat Exchanger
      - Brazed Plate & Frame Heat Exchanger
      - Gasketed Plate & Frame Heat Exchanger
      - Welded Plate & Frame Heat Exchanger
      - Others
    - Shell & Tube Heat Exchanger
    - Air-Cooled Heat Exchanger
    - Others
  - North America Heat Exchanger Market, By Material
    - Metals
    - Alloys
    - Others
  - North America Heat Exchanger Market, By End Use
    - Chemical & Petrochemical
    - Oil & Gas
    - HVAC & refrigeration
    - Power Generation
    - Food & Beverage
    - Pulp & Paper
    - Others
  - U.S.
    - U.S. Heat Exchanger Market, By Product
      - Plate & Frame Heat Exchanger
        
        Brazed Plate & Frame Heat Exchanger
        
        Gasketed Plate & Frame Heat Exchanger
        
        Welded Plate & Frame Heat Exchanger
        
        Others
      - Shell & Tube Heat Exchanger
      - Air-Cooled Heat Exchanger
      - Others
    - U.S. Heat Exchanger Market, By Material
      - Metals
      - Alloys
      - Others
    - U.S. Heat Exchanger Market, By End Use
      - Chemical & Petrochemical
      - Oil & Gas
      - HVAC & refrigeration
      - Power Generation
      - Food & Beverage
      - Pulp & Paper
      - Others
  - Canada
    - Canada Heat Exchanger Market, By Product
      - Plate & Frame Heat Exchanger
        
        Brazed Plate & Frame Heat Exchanger
        
        Gasketed Plate & Frame Heat Exchanger
        
        Welded Plate & Frame Heat Exchanger
        
        Others
      - Shell & Tube Heat Exchanger
      - Air-Cooled Heat Exchanger
      - Others
    - Canada Heat Exchanger Market, By Material
      - Metals
      - Alloys
      - Others
    - Canada Heat Exchanger Market, By End Use
      - Chemical & Petrochemical
      - Oil & Gas
      - HVAC & refrigeration
      - Power Generation
      - Food & Beverage
      - Pulp & Paper
      - Others
  - Mexico
    - Mexico Heat Exchanger Market, By Product
      - Plate & Frame Heat Exchanger
        
        Brazed Plate & Frame Heat Exchanger
        
        Gasketed Plate & Frame Heat Exchanger
        
        Welded Plate & Frame Heat Exchanger
        
        Others
      - Shell & Tube Heat Exchanger
      - Air-Cooled Heat Exchanger
      - Others
    - Mexico Heat Exchanger Market, By Material
      - Metals
      - Alloys
      - Others
    - Mexico Heat Exchanger Market, By End Use
      - Chemical & Petrochemical
      - Oil & Gas
      - HVAC & refrigeration
      - Power Generation
      - Food & Beverage
      - Pulp & Paper
      - Others
- Europe
  - Europe Heat Exchanger Market, By Product
    - Plate & Frame Heat Exchanger
      - Brazed Plate & Frame Heat Exchanger
      - Gasketed Plate & Frame Heat Exchanger
      - Welded Plate & Frame Heat Exchanger
      - Others
    - Shell & Tube Heat Exchanger
    - Air-Cooled Heat Exchanger
    - Others
  - Europe Heat Exchanger Market, By Material
    - Metals
    - Alloys
    - Others
  - Europe Heat Exchanger Market, By End Use
    - Chemical & Petrochemical
    - Oil & Gas
    - HVAC & refrigeration
    - Power Generation
    - Food & Beverage
    - Pulp & Paper
    - Others
  - France
    - France Heat Exchanger Market, By Product
      - Plate & Frame Heat Exchanger
        
        Brazed Plate & Frame Heat Exchanger
        
        Gasketed Plate & Frame Heat Exchanger
        
        Welded Plate & Frame Heat Exchanger
        
        Others
      - Shell & Tube Heat Exchanger
      - Air-Cooled Heat Exchanger
      - Others
    - France Heat Exchanger Market, By Material
      - Metals
      - Alloys
      - Others
    - France Heat Exchanger Market, By End Use
      - Chemical & Petrochemical
      - Oil & Gas
      - HVAC & refrigeration
      - Power Generation
      - Food & Beverage
      - Pulp & Paper
      - Others
  - Germany
    - Germany Heat Exchanger Market, By Product
      - Plate & Frame Heat Exchanger
        
        Brazed Plate & Frame Heat Exchanger
        
        Gasketed Plate & Frame Heat Exchanger
        
        Welded Plate & Frame Heat Exchanger
        
        Others
      - Shell & Tube Heat Exchanger
      - Air-Cooled Heat Exchanger
      - Others
    - Germany Heat Exchanger Market, By Material
      - Metals
      - Alloys
      - Others
    - Germany Heat Exchanger Market, By End Use
      - Chemical & Petrochemical
      - Oil & Gas
      - HVAC & refrigeration
      - Power Generation
      - Food & Beverage
      - Pulp & Paper
      - Others
  - UK
    - UK Heat Exchanger Market, By Product
      - Plate & Frame Heat Exchanger
        
        Brazed Plate & Frame Heat Exchanger
        
        Gasketed Plate & Frame Heat Exchanger
        
        Welded Plate & Frame Heat Exchanger
        
        Others
      - Shell & Tube Heat Exchanger
      - Air-Cooled Heat Exchanger
      - Others
    - UK Heat Exchanger Market, By Material
      - Metals
      - Alloys
      - Others
    - UK Heat Exchanger Market, By End Use
      - Chemical & Petrochemical
      - Oil & Gas
      - HVAC & refrigeration
      - Power Generation
      - Food & Beverage
      - Pulp & Paper
      - Others
  - Italy
    - Italy Heat Exchanger Market, By Product
      - Plate & Frame Heat Exchanger
        
        Brazed Plate & Frame Heat Exchanger
        
        Gasketed Plate & Frame Heat Exchanger
        
        Welded Plate & Frame Heat Exchanger
        
        Others
      - Shell & Tube Heat Exchanger
      - Air-Cooled Heat Exchanger
      - Others
    - Italy Heat Exchanger Market, By Material
      - Metals
      - Alloys
      - Others
    - Italy Heat Exchanger Market, By End Use
      - Chemical & Petrochemical
      - Oil & Gas
      - HVAC & refrigeration
      - Power Generation
      - Food & Beverage
      - Pulp & Paper
      - Others
  - Spain
    - Spain Heat Exchanger Market, By Product
      - Plate & Frame Heat Exchanger
        
        Brazed Plate & Frame Heat Exchanger
        
        Gasketed Plate & Frame Heat Exchanger
        
        Welded Plate & Frame Heat Exchanger
        
        Others
      - Shell & Tube Heat Exchanger
      - Air-Cooled Heat Exchanger
      - Others
    - Spain Heat Exchanger Market, By Material
      - Metals
      - Alloys
      - Others
    - Spain Heat Exchanger Market, By End Use
      - Chemical & Petrochemical
      - Oil & Gas
      - HVAC & refrigeration
      - Power Generation
      - Food & Beverage
      - Pulp & Paper
      - Others
- Asia Pacific
  - Asia Pacific Heat Exchanger Market, By Product
    - Plate & Frame Heat Exchanger
      - Brazed Plate & Frame Heat Exchanger
      - Gasketed Plate & Frame Heat Exchanger
      - Welded Plate & Frame Heat Exchanger
      - Others
    - Shell & Tube Heat Exchanger
    - Air-Cooled Heat Exchanger
    - Others
  - Asia Pacific Heat Exchanger Market, By Material
    - Metals
    - Alloys
    - Others
  - Asia Pacific Heat Exchanger Market, By End Use
    - Chemical & Petrochemical
    - Oil & Gas
    - HVAC & refrigeration
    - Power Generation
    - Food & Beverage
    - Pulp & Paper
    - Others
  - China
    - China Heat Exchanger Market, By Product
      - Plate & Frame Heat Exchanger
        
        Brazed Plate & Frame Heat Exchanger
        
        Gasketed Plate & Frame Heat Exchanger
        
        Welded Plate & Frame Heat Exchanger
        
        Others
      - Shell & Tube Heat Exchanger
      - Air-Cooled Heat Exchanger
      - Others
    - China Heat Exchanger Market, By Material
      - Metals
      - Alloys
      - Others
    - China Heat Exchanger Market, By End Use
      - Chemical & Petrochemical
      - Oil & Gas
      - HVAC & refrigeration
      - Power Generation
      - Food & Beverage
      - Pulp & Paper
      - Others
  - India
    - India Heat Exchanger Market, By Product
      - Plate & Frame Heat Exchanger
        
        Brazed Plate & Frame Heat Exchanger
        
        Gasketed Plate & Frame Heat Exchanger
        
        Welded Plate & Frame Heat Exchanger
        
        Others
      - Shell & Tube Heat Exchanger
      - Air-Cooled Heat Exchanger
      - Others
    - India Heat Exchanger Market, By Material
      - Metals
      - Alloys
      - Others
    - India Heat Exchanger Market, By End Use
      - Chemical & Petrochemical
      - Oil & Gas
      - HVAC & refrigeration
      - Power Generation
      - Food & Beverage
      - Pulp & Paper
      - Others
  - Japan
    - Japan Heat Exchanger Market, By Product
      - Plate & Frame Heat Exchanger
        
        Brazed Plate & Frame Heat Exchanger
        
        Gasketed Plate & Frame Heat Exchanger
        
        Welded Plate & Frame Heat Exchanger
        
        Others
      - Shell & Tube Heat Exchanger
      - Air-Cooled Heat Exchanger
      - Others
    - Japan Heat Exchanger Market, By Material
      - Metals
      - Alloys
      - Others
    - Japan Heat Exchanger Market, By End Use
      - Chemical & Petrochemical
      - Oil & Gas
      - HVAC & refrigeration
      - Power Generation
      - Food & Beverage
      - Pulp & Paper
      - Others
  - Australia
    - Australia Heat Exchanger Market, By Product
      - Plate & Frame Heat Exchanger
        
        Brazed Plate & Frame Heat Exchanger
        
        Gasketed Plate & Frame Heat Exchanger
        
        Welded Plate & Frame Heat Exchanger
        
        Others
      - Shell & Tube Heat Exchanger
      - Air-Cooled Heat Exchanger
      - Others
    - Australia Heat Exchanger Market, By Material
      - Metals
      - Alloys
      - Others
    - Australia Heat Exchanger Market, By End Use
      - Chemical & Petrochemical
      - Oil & Gas
      - HVAC & refrigeration
      - Power Generation
      - Food & Beverage
      - Pulp & Paper
      - Others
  - South Korea
    - South Korea Heat Exchanger Market, By Product
      - Plate & Frame Heat Exchanger
        
        Brazed Plate & Frame Heat Exchanger
        
        Gasketed Plate & Frame Heat Exchanger
        
        Welded Plate & Frame Heat Exchanger
        
        Others
      - Shell & Tube Heat Exchanger
      - Air-Cooled Heat Exchanger
      - Others
    - South Korea Heat Exchanger Market, By Material
      - Metals
      - Alloys
      - Others
    - South Korea Heat Exchanger Market, By End Use
      - Chemical & Petrochemical
      - Oil & Gas
      - HVAC & refrigeration
      - Power Generation
      - Food & Beverage
      - Pulp & Paper
      - Others
- Latin America
  - Latin America Heat Exchanger Market, By Product
    - Plate & Frame Heat Exchanger
      - Brazed Plate & Frame Heat Exchanger
      - Gasketed Plate & Frame Heat Exchanger
      - Welded Plate & Frame Heat Exchanger
      - Others
    - Shell & Tube Heat Exchanger
    - Air-Cooled Heat Exchanger
    - Others
  - Latin America Heat Exchanger Market, By Material
    - Metals
    - Alloys
    - Others
  - Latin America Heat Exchanger Market, By End Use
    - Chemical & Petrochemical
    - Oil & Gas
    - HVAC & refrigeration
    - Power Generation
    - Food & Beverage
    - Pulp & Paper
    - Others
  - Brazil
    - Brazil Heat Exchanger Market, By Product
      - Plate & Frame Heat Exchanger
        
        Brazed Plate & Frame Heat Exchanger
        
        Gasketed Plate & Frame Heat Exchanger
        
        Welded Plate & Frame Heat Exchanger
        
        Others
      - Shell & Tube Heat Exchanger
      - Air-Cooled Heat Exchanger
      - Others
    - Brazil Heat Exchanger Market, By Material
      - Metals
      - Alloys
      - Others
    - Brazil Heat Exchanger Market, By End Use
      - Chemical & Petrochemical
      - Oil & Gas
      - HVAC & refrigeration
      - Power Generation
      - Food & Beverage
      - Pulp & Paper
      - Others
  - Argentina
    - Argentina Heat Exchanger Market, By Product
      - Plate & Frame Heat Exchanger
        
        Brazed Plate & Frame Heat Exchanger
        
        Gasketed Plate & Frame Heat Exchanger
        
        Welded Plate & Frame Heat Exchanger
        
        Others
      - Shell & Tube Heat Exchanger
      - Air-Cooled Heat Exchanger
      - Others
    - Argentina Heat Exchanger Market, By Material
      - Metals
      - Alloys
      - Others
    - Argentina Heat Exchanger Market, By End Use
      - Chemical & Petrochemical
      - Oil & Gas
      - HVAC & refrigeration
      - Power Generation
      - Food & Beverage
      - Pulp & Paper
      - Others
- Middle East & Africa
  - Middle East & Africa Heat Exchanger Market, By Product
    - Plate & Frame Heat Exchanger
      - Brazed Plate & Frame Heat Exchanger
      - Gasketed Plate & Frame Heat Exchanger
      - Welded Plate & Frame Heat Exchanger
      - Others
    - Shell & Tube Heat Exchanger
    - Air-Cooled Heat Exchanger
    - Others
  - Middle East & Africa Heat Exchanger Market, By Material
    - Metals
    - Alloys
    - Others
  - Middle East & Africa Heat Exchanger Market, By End Use
    - Chemical & Petrochemical
    - Oil & Gas
    - HVAC & refrigeration
    - Power Generation
    - Food & Beverage
    - Pulp & Paper
    - Others
  - Saudi Arabia
    - Saudi Arabia Heat Exchanger Market, By Product
      - Plate & Frame Heat Exchanger
        
        Brazed Plate & Frame Heat Exchanger
        
        Gasketed Plate & Frame Heat Exchanger
        
        Welded Plate & Frame Heat Exchanger
        
        Others
      - Shell & Tube Heat Exchanger
      - Air-Cooled Heat Exchanger
      - Others
    - Saudi Arabia Heat Exchanger Market, By Material
      - Metals
      - Alloys
      - Others
    - Saudi Arabia Heat Exchanger Market, By End Use
      - Chemical & Petrochemical
      - Oil & Gas
      - HVAC & refrigeration
      - Power Generation
      - Food & Beverage
      - Pulp & Paper
      - Others
  - South Africa
    - South Africa Heat Exchanger Market, By Product
      - Plate & Frame Heat Exchanger
        
        Brazed Plate & Frame Heat Exchanger
        
        Gasketed Plate & Frame Heat Exchanger
        
        Welded Plate & Frame Heat Exchanger
        
        Others
      - Shell & Tube Heat Exchanger
      - Air-Cooled Heat Exchanger
      - Others
    - South Africa Heat Exchanger Market, By Material
      - Metals
      - Alloys
      - Others
    - South Africa Heat Exchanger Market, By End Use
      - Chemical & Petrochemical
      - Oil & Gas
      - HVAC & refrigeration
      - Power Generation
      - Food & Beverage
      - Pulp & Paper
      - Others
  - UAE
    - UAE Heat Exchanger Market, By Product
      - Plate & Frame Heat Exchanger
        
        Brazed Plate & Frame Heat Exchanger
        
        Gasketed Plate & Frame Heat Exchanger
        
        Welded Plate & Frame Heat Exchanger
        
        Others
      - Shell & Tube Heat Exchanger
      - Air-Cooled Heat Exchanger
      - Others
    - UAE Heat Exchanger Market, By Material
      - Metals
      - Alloys
      - Others
    - UAE Heat Exchanger Market, By End Use
      - Chemical & Petrochemical
      - Oil & Gas
      - HVAC & refrigeration
      - Power Generation
      - Food & Beverage
      - Pulp & Paper
      - Others

Report content

Qualitative Analysis

Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
- Company overview
- Financial performance
- Product benchmarking
- Latest strategic developments