Market Research Report

Cooling Towers Market, Global Outlook and Forecast 2023-2029

  • AMR ID : 7-14289
  • CAT ID : 10
  • Pages : 165
  • Date : Jun 2023
 

The global Cooling Towers market was valued at US$ 3394.1 million in 2022 and is projected to reach US$ 4480.9 million by 2029, at a CAGR of 4.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key manufacturers of cooling towers include Baltimore Aircoil Company (BAC), SPX Cooling Technologies, EVAPCO, and Seagull cooling. The top three producers together hold about 25% of the market share, with the largest producer being BAC at 12%. The global origins are mainly located in the United States, Europe, South America, China, Japan, India, and Korea. In terms of product category, it is divided into open-circuit cooling towers and closed-circuit cooling towers, with the former holding a major market share of 65%. In terms of applications, power generation is the number one application area with a 25% market share; in addition, HVAC, oil and gas are also important applications.
A cooling tower is a specialized heat exchanger in which air and water are brought into direct contact with each other in order to reduce the water's temperature. As this occurs, a small volume of water is evaporated, reducing the temperature of the water being circulated through the tower.
This report aims to provide a comprehensive presentation of the global market for Cooling Towers, 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 Cooling Towers. This report contains market size and forecasts of Cooling Towers in global, including the following market information:
Global Cooling Towers Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Cooling Towers Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Cooling Towers companies in 2022 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Cooling Towers 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 Cooling Towers Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Cooling Towers Market Segment Percentages, by Type, 2022 (%)
Open-Circuit Cooling Towers
Closed-Circuit Cooling Towers
Global Cooling Towers Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Cooling Towers Market Segment Percentages, by Application, 2022 (%)
Power Generation
HVAC
Oil & Gas
Chemical & Petrochemical
Food & Beverages
Metallurgical
Others
Global Cooling Towers Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Cooling Towers 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 Cooling Towers revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Cooling Towers revenues share in global market, 2022 (%)
Key companies Cooling Towers sales in global market, 2018-2023 (Estimated), (Units)
Key companies Cooling Towers sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Baltimore Aircoil Company (BAC)
SPX Cooling Technologies
EVAPCO
Seagull Cooling Technologies
KUKEN
Hamon
Paharpur Cooling Towers
Kelvion
BRAPU
ENEXIO
EBARA
Kobelco Eco-Solutions
Laxun Cooling Tower
Liang Chi Industry
Hunan Yuanheng
King Sun Industry
Zhejiang Lianfeng
Babcock & Wilcox
Mitsubishi Chemical Infratec
Feiyang Group
Kyung In Machinery
Nihon Spindle
Metso Outotec
Sinro Group
Wuxi Fangzhou
Delta Cooling Towers
Daeil Aqua
Wanxiang Refrigeration
Pengsheng Heat Transfer
Shanghai Tyacht
Outline of Major Chapters:
Chapter 1: Introduces the definition of Cooling Towers, market overview.
Chapter 2: Global Cooling Towers market size in revenue and volume.
Chapter 3: Detailed analysis of Cooling Towers 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 Cooling Towers 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 Cooling Towers 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 Cooling Towers Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Cooling Towers 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 Cooling Towers Overall Market Size
2.1 Global Cooling Towers Market Size: 2022 VS 2029
2.2 Global Cooling Towers Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Cooling Towers Sales: 2018-2029
3 Company Landscape
3.1 Top Cooling Towers Players in Global Market
3.2 Top Global Cooling Towers Companies Ranked by Revenue
3.3 Global Cooling Towers Revenue by Companies
3.4 Global Cooling Towers Sales by Companies
3.5 Global Cooling Towers Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Cooling Towers Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Cooling Towers Product Type
3.8 Tier 1, Tier 2 and Tier 3 Cooling Towers Players in Global Market
3.8.1 List of Global Tier 1 Cooling Towers Companies
3.8.2 List of Global Tier 2 and Tier 3 Cooling Towers Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Cooling Towers Market Size Markets, 2022 & 2029
4.1.2 Open-Circuit Cooling Towers
4.1.3 Closed-Circuit Cooling Towers
4.2 By Type - Global Cooling Towers Revenue & Forecasts
4.2.1 By Type - Global Cooling Towers Revenue, 2018-2023
4.2.2 By Type - Global Cooling Towers Revenue, 2024-2029
4.2.3 By Type - Global Cooling Towers Revenue Market Share, 2018-2029
4.3 By Type - Global Cooling Towers Sales & Forecasts
4.3.1 By Type - Global Cooling Towers Sales, 2018-2023
4.3.2 By Type - Global Cooling Towers Sales, 2024-2029
4.3.3 By Type - Global Cooling Towers Sales Market Share, 2018-2029
4.4 By Type - Global Cooling Towers Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Cooling Towers Market Size, 2022 & 2029
5.1.2 Power Generation
5.1.3 HVAC
5.1.4 Oil & Gas
5.1.5 Chemical & Petrochemical
5.1.6 Food & Beverages
5.1.7 Metallurgical
5.1.8 Others
5.2 By Application - Global Cooling Towers Revenue & Forecasts
5.2.1 By Application - Global Cooling Towers Revenue, 2018-2023
5.2.2 By Application - Global Cooling Towers Revenue, 2024-2029
5.2.3 By Application - Global Cooling Towers Revenue Market Share, 2018-2029
5.3 By Application - Global Cooling Towers Sales & Forecasts
5.3.1 By Application - Global Cooling Towers Sales, 2018-2023
5.3.2 By Application - Global Cooling Towers Sales, 2024-2029
5.3.3 By Application - Global Cooling Towers Sales Market Share, 2018-2029
5.4 By Application - Global Cooling Towers Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
6.1 By Region - Global Cooling Towers Market Size, 2022 & 2029
6.2 By Region - Global Cooling Towers Revenue & Forecasts
6.2.1 By Region - Global Cooling Towers Revenue, 2018-2023
6.2.2 By Region - Global Cooling Towers Revenue, 2024-2029
6.2.3 By Region - Global Cooling Towers Revenue Market Share, 2018-2029
6.3 By Region - Global Cooling Towers Sales & Forecasts
6.3.1 By Region - Global Cooling Towers Sales, 2018-2023
6.3.2 By Region - Global Cooling Towers Sales, 2024-2029
6.3.3 By Region - Global Cooling Towers Sales Market Share, 2018-2029
6.4 North America
6.4.1 By Country - North America Cooling Towers Revenue, 2018-2029
6.4.2 By Country - North America Cooling Towers Sales, 2018-2029
6.4.3 US Cooling Towers Market Size, 2018-2029
6.4.4 Canada Cooling Towers Market Size, 2018-2029
6.4.5 Mexico Cooling Towers Market Size, 2018-2029
6.5 Europe
6.5.1 By Country - Europe Cooling Towers Revenue, 2018-2029
6.5.2 By Country - Europe Cooling Towers Sales, 2018-2029
6.5.3 Germany Cooling Towers Market Size, 2018-2029
6.5.4 France Cooling Towers Market Size, 2018-2029
6.5.5 U.K. Cooling Towers Market Size, 2018-2029
6.5.6 Italy Cooling Towers Market Size, 2018-2029
6.5.7 Russia Cooling Towers Market Size, 2018-2029
6.5.8 Nordic Countries Cooling Towers Market Size, 2018-2029
6.5.9 Benelux Cooling Towers Market Size, 2018-2029
6.6 Asia
6.6.1 By Region - Asia Cooling Towers Revenue, 2018-2029
6.6.2 By Region - Asia Cooling Towers Sales, 2018-2029
6.6.3 China Cooling Towers Market Size, 2018-2029
6.6.4 Japan Cooling Towers Market Size, 2018-2029
6.6.5 South Korea Cooling Towers Market Size, 2018-2029
6.6.6 Southeast Asia Cooling Towers Market Size, 2018-2029
6.6.7 India Cooling Towers Market Size, 2018-2029
6.7 South America
6.7.1 By Country - South America Cooling Towers Revenue, 2018-2029
6.7.2 By Country - South America Cooling Towers Sales, 2018-2029
6.7.3 Brazil Cooling Towers Market Size, 2018-2029
6.7.4 Argentina Cooling Towers Market Size, 2018-2029
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Cooling Towers Revenue, 2018-2029
6.8.2 By Country - Middle East & Africa Cooling Towers Sales, 2018-2029
6.8.3 Turkey Cooling Towers Market Size, 2018-2029
6.8.4 Israel Cooling Towers Market Size, 2018-2029
6.8.5 Saudi Arabia Cooling Towers Market Size, 2018-2029
6.8.6 UAE Cooling Towers Market Size, 2018-2029
7 Manufacturers & Brands Profiles
7.1 Baltimore Aircoil Company (BAC)
7.1.1 Baltimore Aircoil Company (BAC) Company Summary
7.1.2 Baltimore Aircoil Company (BAC) Business Overview
7.1.3 Baltimore Aircoil Company (BAC) Cooling Towers Major Product Offerings
7.1.4 Baltimore Aircoil Company (BAC) Cooling Towers Sales and Revenue in Global (2018-2023)
7.1.5 Baltimore Aircoil Company (BAC) Key News & Latest Developments
7.2 SPX Cooling Technologies
7.2.1 SPX Cooling Technologies Company Summary
7.2.2 SPX Cooling Technologies Business Overview
7.2.3 SPX Cooling Technologies Cooling Towers Major Product Offerings
7.2.4 SPX Cooling Technologies Cooling Towers Sales and Revenue in Global (2018-2023)
7.2.5 SPX Cooling Technologies Key News & Latest Developments
7.3 EVAPCO
7.3.1 EVAPCO Company Summary
7.3.2 EVAPCO Business Overview
7.3.3 EVAPCO Cooling Towers Major Product Offerings
7.3.4 EVAPCO Cooling Towers Sales and Revenue in Global (2018-2023)
7.3.5 EVAPCO Key News & Latest Developments
7.4 Seagull Cooling Technologies
7.4.1 Seagull Cooling Technologies Company Summary
7.4.2 Seagull Cooling Technologies Business Overview
7.4.3 Seagull Cooling Technologies Cooling Towers Major Product Offerings
7.4.4 Seagull Cooling Technologies Cooling Towers Sales and Revenue in Global (2018-2023)
7.4.5 Seagull Cooling Technologies Key News & Latest Developments
7.5 KUKEN
7.5.1 KUKEN Company Summary
7.5.2 KUKEN Business Overview
7.5.3 KUKEN Cooling Towers Major Product Offerings
7.5.4 KUKEN Cooling Towers Sales and Revenue in Global (2018-2023)
7.5.5 KUKEN Key News & Latest Developments
7.6 Hamon
7.6.1 Hamon Company Summary
7.6.2 Hamon Business Overview
7.6.3 Hamon Cooling Towers Major Product Offerings
7.6.4 Hamon Cooling Towers Sales and Revenue in Global (2018-2023)
7.6.5 Hamon Key News & Latest Developments
7.7 Paharpur Cooling Towers
7.7.1 Paharpur Cooling Towers Company Summary
7.7.2 Paharpur Cooling Towers Business Overview
7.7.3 Paharpur Cooling Towers Cooling Towers Major Product Offerings
7.7.4 Paharpur Cooling Towers Cooling Towers Sales and Revenue in Global (2018-2023)
7.7.5 Paharpur Cooling Towers Key News & Latest Developments
7.8 Kelvion
7.8.1 Kelvion Company Summary
7.8.2 Kelvion Business Overview
7.8.3 Kelvion Cooling Towers Major Product Offerings
7.8.4 Kelvion Cooling Towers Sales and Revenue in Global (2018-2023)
7.8.5 Kelvion Key News & Latest Developments
7.9 BRAPU
7.9.1 BRAPU Company Summary
7.9.2 BRAPU Business Overview
7.9.3 BRAPU Cooling Towers Major Product Offerings
7.9.4 BRAPU Cooling Towers Sales and Revenue in Global (2018-2023)
7.9.5 BRAPU Key News & Latest Developments
7.10 ENEXIO
7.10.1 ENEXIO Company Summary
7.10.2 ENEXIO Business Overview
7.10.3 ENEXIO Cooling Towers Major Product Offerings
7.10.4 ENEXIO Cooling Towers Sales and Revenue in Global (2018-2023)
7.10.5 ENEXIO Key News & Latest Developments
7.11 EBARA
7.11.1 EBARA Company Summary
7.11.2 EBARA Cooling Towers Business Overview
7.11.3 EBARA Cooling Towers Major Product Offerings
7.11.4 EBARA Cooling Towers Sales and Revenue in Global (2018-2023)
7.11.5 EBARA Key News & Latest Developments
7.12 Kobelco Eco-Solutions
7.12.1 Kobelco Eco-Solutions Company Summary
7.12.2 Kobelco Eco-Solutions Cooling Towers Business Overview
7.12.3 Kobelco Eco-Solutions Cooling Towers Major Product Offerings
7.12.4 Kobelco Eco-Solutions Cooling Towers Sales and Revenue in Global (2018-2023)
7.12.5 Kobelco Eco-Solutions Key News & Latest Developments
7.13 Laxun Cooling Tower
7.13.1 Laxun Cooling Tower Company Summary
7.13.2 Laxun Cooling Tower Cooling Towers Business Overview
7.13.3 Laxun Cooling Tower Cooling Towers Major Product Offerings
7.13.4 Laxun Cooling Tower Cooling Towers Sales and Revenue in Global (2018-2023)
7.13.5 Laxun Cooling Tower Key News & Latest Developments
7.14 Liang Chi Industry
7.14.1 Liang Chi Industry Company Summary
7.14.2 Liang Chi Industry Business Overview
7.14.3 Liang Chi Industry Cooling Towers Major Product Offerings
7.14.4 Liang Chi Industry Cooling Towers Sales and Revenue in Global (2018-2023)
7.14.5 Liang Chi Industry Key News & Latest Developments
7.15 Hunan Yuanheng
7.15.1 Hunan Yuanheng Company Summary
7.15.2 Hunan Yuanheng Business Overview
7.15.3 Hunan Yuanheng Cooling Towers Major Product Offerings
7.15.4 Hunan Yuanheng Cooling Towers Sales and Revenue in Global (2018-2023)
7.15.5 Hunan Yuanheng Key News & Latest Developments
7.16 King Sun Industry
7.16.1 King Sun Industry Company Summary
7.16.2 King Sun Industry Business Overview
7.16.3 King Sun Industry Cooling Towers Major Product Offerings
7.16.4 King Sun Industry Cooling Towers Sales and Revenue in Global (2018-2023)
7.16.5 King Sun Industry Key News & Latest Developments
7.17 Zhejiang Lianfeng
7.17.1 Zhejiang Lianfeng Company Summary
7.17.2 Zhejiang Lianfeng Business Overview
7.17.3 Zhejiang Lianfeng Cooling Towers Major Product Offerings
7.17.4 Zhejiang Lianfeng Cooling Towers Sales and Revenue in Global (2018-2023)
7.17.5 Zhejiang Lianfeng Key News & Latest Developments
7.18 Babcock & Wilcox
7.18.1 Babcock & Wilcox Company Summary
7.18.2 Babcock & Wilcox Business Overview
7.18.3 Babcock & Wilcox Cooling Towers Major Product Offerings
7.18.4 Babcock & Wilcox Cooling Towers Sales and Revenue in Global (2018-2023)
7.18.5 Babcock & Wilcox Key News & Latest Developments
7.19 Mitsubishi Chemical Infratec
7.19.1 Mitsubishi Chemical Infratec Company Summary
7.19.2 Mitsubishi Chemical Infratec Business Overview
7.19.3 Mitsubishi Chemical Infratec Cooling Towers Major Product Offerings
7.19.4 Mitsubishi Chemical Infratec Cooling Towers Sales and Revenue in Global (2018-2023)
7.19.5 Mitsubishi Chemical Infratec Key News & Latest Developments
7.20 Feiyang Group
7.20.1 Feiyang Group Company Summary
7.20.2 Feiyang Group Business Overview
7.20.3 Feiyang Group Cooling Towers Major Product Offerings
7.20.4 Feiyang Group Cooling Towers Sales and Revenue in Global (2018-2023)
7.20.5 Feiyang Group Key News & Latest Developments
7.21 Kyung In Machinery
7.21.1 Kyung In Machinery Company Summary
7.21.2 Kyung In Machinery Business Overview
7.21.3 Kyung In Machinery Cooling Towers Major Product Offerings
7.21.4 Kyung In Machinery Cooling Towers Sales and Revenue in Global (2018-2023)
7.21.5 Kyung In Machinery Key News & Latest Developments
7.22 Nihon Spindle
7.22.1 Nihon Spindle Company Summary
7.22.2 Nihon Spindle Business Overview
7.22.3 Nihon Spindle Cooling Towers Major Product Offerings
7.22.4 Nihon Spindle Cooling Towers Sales and Revenue in Global (2018-2023)
7.22.5 Nihon Spindle Key News & Latest Developments
7.23 Metso Outotec
7.23.1 Metso Outotec Company Summary
7.23.2 Metso Outotec Business Overview
7.23.3 Metso Outotec Cooling Towers Major Product Offerings
7.23.4 Metso Outotec Cooling Towers Sales and Revenue in Global (2018-2023)
7.23.5 Metso Outotec Key News & Latest Developments
7.24 Sinro Group
7.24.1 Sinro Group Company Summary
7.24.2 Sinro Group Business Overview
7.24.3 Sinro Group Cooling Towers Major Product Offerings
7.24.4 Sinro Group Cooling Towers Sales and Revenue in Global (2018-2023)
7.24.5 Sinro Group Key News & Latest Developments
7.25 Wuxi Fangzhou
7.25.1 Wuxi Fangzhou Company Summary
7.25.2 Wuxi Fangzhou Business Overview
7.25.3 Wuxi Fangzhou Cooling Towers Major Product Offerings
7.25.4 Wuxi Fangzhou Cooling Towers Sales and Revenue in Global (2018-2023)
7.25.5 Wuxi Fangzhou Key News & Latest Developments
7.26 Delta Cooling Towers
7.26.1 Delta Cooling Towers Company Summary
7.26.2 Delta Cooling Towers Business Overview
7.26.3 Delta Cooling Towers Cooling Towers Major Product Offerings
7.26.4 Delta Cooling Towers Cooling Towers Sales and Revenue in Global (2018-2023)
7.26.5 Delta Cooling Towers Key News & Latest Developments
7.27 Daeil Aqua
7.27.1 Daeil Aqua Company Summary
7.27.2 Daeil Aqua Business Overview
7.27.3 Daeil Aqua Cooling Towers Major Product Offerings
7.27.4 Daeil Aqua Cooling Towers Sales and Revenue in Global (2018-2023)
7.27.5 Daeil Aqua Key News & Latest Developments
7.28 Wanxiang Refrigeration
7.28.1 Wanxiang Refrigeration Company Summary
7.28.2 Wanxiang Refrigeration Business Overview
7.28.3 Wanxiang Refrigeration Cooling Towers Major Product Offerings
7.28.4 Wanxiang Refrigeration Cooling Towers Sales and Revenue in Global (2018-2023)
7.28.5 Wanxiang Refrigeration Key News & Latest Developments
7.29 Pengsheng Heat Transfer
7.29.1 Pengsheng Heat Transfer Company Summary
7.29.2 Pengsheng Heat Transfer Business Overview
7.29.3 Pengsheng Heat Transfer Cooling Towers Major Product Offerings
7.29.4 Pengsheng Heat Transfer Cooling Towers Sales and Revenue in Global (2018-2023)
7.29.5 Pengsheng Heat Transfer Key News & Latest Developments
7.30 Shanghai Tyacht
7.30.1 Shanghai Tyacht Company Summary
7.30.2 Shanghai Tyacht Business Overview
7.30.3 Shanghai Tyacht Cooling Towers Major Product Offerings
7.30.4 Shanghai Tyacht Cooling Towers Sales and Revenue in Global (2018-2023)
7.30.5 Shanghai Tyacht Key News & Latest Developments
8 Global Cooling Towers Production Capacity, Analysis
8.1 Global Cooling Towers Production Capacity, 2018-2029
8.2 Cooling Towers Production Capacity of Key Manufacturers in Global Market
8.3 Global Cooling Towers 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 Cooling Towers Supply Chain Analysis
10.1 Cooling Towers Industry Value Chain
10.2 Cooling Towers Upstream Market
10.3 Cooling Towers Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Cooling Towers 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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