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North America Heat Exchangers Market is Expected to Grow at a CAGR of 6.4% From 2014 to 2019

A heat exchanger is a device designed to efficiently transfer heat from one matter to another. It is used across various industries such as chemical, petrochemical, oil & gas, HVAC, pulp & paper, and power generation. It plays a major role in helping these industries increase their operational efficiency and reduce energy consumption.

The North American heat exchangers market is segmented on the basis of application, type, classification, and geography. On the basis of application, the market is segmented into chemical, petrochemical and oil & gas, HVAC & refrigeration, food & beverages, pulp & paper, and power generation. In terms of type, the market is segmented into shell and tube type, plate and frame type, air cooled, and others. Based on classification, the market is segmented into material of construction (MoC), temperature range and fluid type, and others. Countries such as the U.S. and Canada are included in this market report based on geography.

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The heat exchangers market in the U.S. accounted for the largest share of 80.2% in the North America heat exchangers market in 2014. The shell and tube type heat exchangers accounted for the largest share in the North American heat exchangers market.

Competitive scenarios of the top players in the North American heat exchangers market have been discussed in detail. Leading players of this industry with their recent developments and other strategic industry activities are profiled in this market report.

Some of the Key Manufacturers of Heat Exchangers are

  • Tranter, Inc. (U.S.),
  • Xylem Inc. (U.S.), 
  • API Heat Transfer (U.S.), 
  • Modine Manufacturing Company (U.S.), and 
  • SPX Corporation (U.S.), and others.


The North America heat exchangers market is witnessing steady growth on account of technological advancements, and the growing demand in the end user industries The North America market for heat exchangers was estimated at $ 4.0 billion in 2014 and is expected to grow at a CAGR of 6.4% from 2014 to 2019.  In 2014, the heat exchangers market in the U.S. accounted for a larger share of 80.2% in the North American heat exchangers market.

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