The global Air-Cooled Condensers market was valued at US$ 931.1 million in 2022 and is projected to reach US$ 1200.3 million by 2029, at a CAGR of 3.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key producers include Shuangliang, HAC, and Paharpur. The top three producers together account for about 45% of the market share, with the largest producer being Shuangliang with 20%. The global origins are mainly located in North America, Europe, China, India, etc. In terms of product categories, there are horizontal condensers and V and A frame condensers, with the former holding a larger market share at 65%. In terms of applications, power and energy is the number one area of application, with a market share of 48%, followed by the chemical industry with 30%.
Air cooled condenser is the large industrial heat exchange equipment which uses the air in nature to cool (condensate) processing fluid. Compared to the water cooled method, it boasts advantages of sufficient and free cold source, saving cooling water and reducing environmental pollution, low maintenance cost and others. There are power plant air cooled condenser and petrochemical air cooled condenser according to different application field.
In an air cooled condenser, refrigerant condenses inside the tubes and air passes over the outside.
Fins should be used on the air-side because the coefficient of heat transfer on the air-side is lower compared to that on the refrigerant side.
The circulation of air over an air-cooled condenser may be by either natural or forced convection.
This report aims to provide a comprehensive presentation of the global market for Air-Cooled Condensers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Air-Cooled Condensers. This report contains market size and forecasts of Air-Cooled Condensers in global, including the following market information:
Global Air-Cooled Condensers Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Air-Cooled Condensers Market Sales, 2018-2023, 2024-2029, (MW)
Global top five Air-Cooled Condensers companies in 2022 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Air-Cooled Condensers manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Air-Cooled Condensers Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global Air-Cooled Condensers Market Segment Percentages, by Type, 2022 (%)
Horizontal Condenser
V and A Frame Condenser
Global Air-Cooled Condensers Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global Air-Cooled Condensers Market Segment Percentages, by Application, 2022 (%)
Power and Energy
Chemical Industry
Engineering and Metallurgy
Others
Global Air-Cooled Condensers Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global Air-Cooled Condensers Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Air-Cooled Condensers revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Air-Cooled Condensers revenues share in global market, 2022 (%)
Key companies Air-Cooled Condensers sales in global market, 2018-2023 (Estimated), (MW)
Key companies Air-Cooled Condensers sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ENEXIO
SPX Dry Cooling
EVAPCO
Hamon
Holtec
HAC
Shouhang
Kelvion
Shuangliang
Tianrui
Thermax
Outline of Major Chapters:
Chapter 1: Introduces the definition of Air-Cooled Condensers, market overview.
Chapter 2: Global Air-Cooled Condensers market size in revenue and volume.
Chapter 3: Detailed analysis of Air-Cooled Condensers manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Air-Cooled Condensers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Air-Cooled Condensers capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
1 Introduction to Research & Analysis Reports
1.1 Air-Cooled Condensers Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Air-Cooled Condensers Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Air-Cooled Condensers Overall Market Size
2.1 Global Air-Cooled Condensers Market Size: 2022 VS 2029
2.2 Global Air-Cooled Condensers Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Air-Cooled Condensers Sales: 2018-2029
3 Company Landscape
3.1 Top Air-Cooled Condensers Players in Global Market
3.2 Top Global Air-Cooled Condensers Companies Ranked by Revenue
3.3 Global Air-Cooled Condensers Revenue by Companies
3.4 Global Air-Cooled Condensers Sales by Companies
3.5 Global Air-Cooled Condensers Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Air-Cooled Condensers Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Air-Cooled Condensers Product Type
3.8 Tier 1, Tier 2 and Tier 3 Air-Cooled Condensers Players in Global Market
3.8.1 List of Global Tier 1 Air-Cooled Condensers Companies
3.8.2 List of Global Tier 2 and Tier 3 Air-Cooled Condensers Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Air-Cooled Condensers Market Size Markets, 2022 & 2029
4.1.2 Horizontal Condenser
4.1.3 V and A Frame Condenser
4.2 By Type - Global Air-Cooled Condensers Revenue & Forecasts
4.2.1 By Type - Global Air-Cooled Condensers Revenue, 2018-2023
4.2.2 By Type - Global Air-Cooled Condensers Revenue, 2024-2029
4.2.3 By Type - Global Air-Cooled Condensers Revenue Market Share, 2018-2029
4.3 By Type - Global Air-Cooled Condensers Sales & Forecasts
4.3.1 By Type - Global Air-Cooled Condensers Sales, 2018-2023
4.3.2 By Type - Global Air-Cooled Condensers Sales, 2024-2029
4.3.3 By Type - Global Air-Cooled Condensers Sales Market Share, 2018-2029
4.4 By Type - Global Air-Cooled Condensers Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Air-Cooled Condensers Market Size, 2022 & 2029
5.1.2 Power and Energy
5.1.3 Chemical Industry
5.1.4 Engineering and Metallurgy
5.1.5 Others
5.2 By Application - Global Air-Cooled Condensers Revenue & Forecasts
5.2.1 By Application - Global Air-Cooled Condensers Revenue, 2018-2023
5.2.2 By Application - Global Air-Cooled Condensers Revenue, 2024-2029
5.2.3 By Application - Global Air-Cooled Condensers Revenue Market Share, 2018-2029
5.3 By Application - Global Air-Cooled Condensers Sales & Forecasts
5.3.1 By Application - Global Air-Cooled Condensers Sales, 2018-2023
5.3.2 By Application - Global Air-Cooled Condensers Sales, 2024-2029
5.3.3 By Application - Global Air-Cooled Condensers Sales Market Share, 2018-2029
5.4 By Application - Global Air-Cooled Condensers Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
6.1 By Region - Global Air-Cooled Condensers Market Size, 2022 & 2029
6.2 By Region - Global Air-Cooled Condensers Revenue & Forecasts
6.2.1 By Region - Global Air-Cooled Condensers Revenue, 2018-2023
6.2.2 By Region - Global Air-Cooled Condensers Revenue, 2024-2029
6.2.3 By Region - Global Air-Cooled Condensers Revenue Market Share, 2018-2029
6.3 By Region - Global Air-Cooled Condensers Sales & Forecasts
6.3.1 By Region - Global Air-Cooled Condensers Sales, 2018-2023
6.3.2 By Region - Global Air-Cooled Condensers Sales, 2024-2029
6.3.3 By Region - Global Air-Cooled Condensers Sales Market Share, 2018-2029
6.4 North America
6.4.1 By Country - North America Air-Cooled Condensers Revenue, 2018-2029
6.4.2 By Country - North America Air-Cooled Condensers Sales, 2018-2029
6.4.3 US Air-Cooled Condensers Market Size, 2018-2029
6.4.4 Canada Air-Cooled Condensers Market Size, 2018-2029
6.4.5 Mexico Air-Cooled Condensers Market Size, 2018-2029
6.5 Europe
6.5.1 By Country - Europe Air-Cooled Condensers Revenue, 2018-2029
6.5.2 By Country - Europe Air-Cooled Condensers Sales, 2018-2029
6.5.3 Germany Air-Cooled Condensers Market Size, 2018-2029
6.5.4 France Air-Cooled Condensers Market Size, 2018-2029
6.5.5 U.K. Air-Cooled Condensers Market Size, 2018-2029
6.5.6 Italy Air-Cooled Condensers Market Size, 2018-2029
6.5.7 Russia Air-Cooled Condensers Market Size, 2018-2029
6.5.8 Nordic Countries Air-Cooled Condensers Market Size, 2018-2029
6.5.9 Benelux Air-Cooled Condensers Market Size, 2018-2029
6.6 Asia
6.6.1 By Region - Asia Air-Cooled Condensers Revenue, 2018-2029
6.6.2 By Region - Asia Air-Cooled Condensers Sales, 2018-2029
6.6.3 China Air-Cooled Condensers Market Size, 2018-2029
6.6.4 Japan Air-Cooled Condensers Market Size, 2018-2029
6.6.5 South Korea Air-Cooled Condensers Market Size, 2018-2029
6.6.6 Southeast Asia Air-Cooled Condensers Market Size, 2018-2029
6.6.7 India Air-Cooled Condensers Market Size, 2018-2029
6.7 South America
6.7.1 By Country - South America Air-Cooled Condensers Revenue, 2018-2029
6.7.2 By Country - South America Air-Cooled Condensers Sales, 2018-2029
6.7.3 Brazil Air-Cooled Condensers Market Size, 2018-2029
6.7.4 Argentina Air-Cooled Condensers Market Size, 2018-2029
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Air-Cooled Condensers Revenue, 2018-2029
6.8.2 By Country - Middle East & Africa Air-Cooled Condensers Sales, 2018-2029
6.8.3 Turkey Air-Cooled Condensers Market Size, 2018-2029
6.8.4 Israel Air-Cooled Condensers Market Size, 2018-2029
6.8.5 Saudi Arabia Air-Cooled Condensers Market Size, 2018-2029
6.8.6 UAE Air-Cooled Condensers Market Size, 2018-2029
7 Manufacturers & Brands Profiles
7.1 ENEXIO
7.1.1 ENEXIO Company Summary
7.1.2 ENEXIO Business Overview
7.1.3 ENEXIO Air-Cooled Condensers Major Product Offerings
7.1.4 ENEXIO Air-Cooled Condensers Sales and Revenue in Global (2018-2023)
7.1.5 ENEXIO Key News & Latest Developments
7.2 SPX Dry Cooling
7.2.1 SPX Dry Cooling Company Summary
7.2.2 SPX Dry Cooling Business Overview
7.2.3 SPX Dry Cooling Air-Cooled Condensers Major Product Offerings
7.2.4 SPX Dry Cooling Air-Cooled Condensers Sales and Revenue in Global (2018-2023)
7.2.5 SPX Dry Cooling Key News & Latest Developments
7.3 EVAPCO
7.3.1 EVAPCO Company Summary
7.3.2 EVAPCO Business Overview
7.3.3 EVAPCO Air-Cooled Condensers Major Product Offerings
7.3.4 EVAPCO Air-Cooled Condensers Sales and Revenue in Global (2018-2023)
7.3.5 EVAPCO Key News & Latest Developments
7.4 Hamon
7.4.1 Hamon Company Summary
7.4.2 Hamon Business Overview
7.4.3 Hamon Air-Cooled Condensers Major Product Offerings
7.4.4 Hamon Air-Cooled Condensers Sales and Revenue in Global (2018-2023)
7.4.5 Hamon Key News & Latest Developments
7.5 Holtec
7.5.1 Holtec Company Summary
7.5.2 Holtec Business Overview
7.5.3 Holtec Air-Cooled Condensers Major Product Offerings
7.5.4 Holtec Air-Cooled Condensers Sales and Revenue in Global (2018-2023)
7.5.5 Holtec Key News & Latest Developments
7.6 HAC
7.6.1 HAC Company Summary
7.6.2 HAC Business Overview
7.6.3 HAC Air-Cooled Condensers Major Product Offerings
7.6.4 HAC Air-Cooled Condensers Sales and Revenue in Global (2018-2023)
7.6.5 HAC Key News & Latest Developments
7.7 Shouhang
7.7.1 Shouhang Company Summary
7.7.2 Shouhang Business Overview
7.7.3 Shouhang Air-Cooled Condensers Major Product Offerings
7.7.4 Shouhang Air-Cooled Condensers Sales and Revenue in Global (2018-2023)
7.7.5 Shouhang Key News & Latest Developments
7.8 Kelvion
7.8.1 Kelvion Company Summary
7.8.2 Kelvion Business Overview
7.8.3 Kelvion Air-Cooled Condensers Major Product Offerings
7.8.4 Kelvion Air-Cooled Condensers Sales and Revenue in Global (2018-2023)
7.8.5 Kelvion Key News & Latest Developments
7.9 Shuangliang
7.9.1 Shuangliang Company Summary
7.9.2 Shuangliang Business Overview
7.9.3 Shuangliang Air-Cooled Condensers Major Product Offerings
7.9.4 Shuangliang Air-Cooled Condensers Sales and Revenue in Global (2018-2023)
7.9.5 Shuangliang Key News & Latest Developments
7.10 Tianrui
7.10.1 Tianrui Company Summary
7.10.2 Tianrui Business Overview
7.10.3 Tianrui Air-Cooled Condensers Major Product Offerings
7.10.4 Tianrui Air-Cooled Condensers Sales and Revenue in Global (2018-2023)
7.10.5 Tianrui Key News & Latest Developments
7.11 Thermax
7.11.1 Thermax Company Summary
7.11.2 Thermax Air-Cooled Condensers Business Overview
7.11.3 Thermax Air-Cooled Condensers Major Product Offerings
7.11.4 Thermax Air-Cooled Condensers Sales and Revenue in Global (2018-2023)
7.11.5 Thermax Key News & Latest Developments
8 Global Air-Cooled Condensers Production Capacity, Analysis
8.1 Global Air-Cooled Condensers Production Capacity, 2018-2029
8.2 Air-Cooled Condensers Production Capacity of Key Manufacturers in Global Market
8.3 Global Air-Cooled Condensers Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Air-Cooled Condensers Supply Chain Analysis
10.1 Air-Cooled Condensers Industry Value Chain
10.2 Air-Cooled Condensers Upstream Market
10.3 Air-Cooled Condensers Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Air-Cooled Condensers Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
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