Cooling Towers are used to reject heat from exothermic processes, largely industrial in nature. Cooling towers come in sizes as different as a small roof-top unit to large structures that are several hundred meters in height. Many industrial processes are more efficient at low temperatures rather than higher ones; others generate so much heat that it may cause hazards. Hence the need for cooling has been there since the advent of industrialization.
This report handles the cooling tower market scene based on various parameters like type, construction, method of heat transfer and by application. By type, cooling towers are segmented into natural draft, mechanical and hybrid draft, with further subdivisions for enhanced interpretation of the market. On the basis of construction, cooling towers are either field-erected, which are designed for larger amounts of heat, or factory assembled, which are generally smaller. The method of heat transfer categorizes towers as evaporative, dry, plume abatement and water conservation. Cooling towers find use in multiple fields with pharmaceutical and laboratories, food and beverage, HVAC, process cooling, chemical & petrochemical plants and refineries being the most prominent ones. The cooling tower market is forecasted to grow at a CAGR of xx% from 2016 to 2021.
The global market is also classified on the basis of different geographic regions. Americas is the biggest contributor to the global market revenue at xx%, while APAC is a close second at xx% on account of rapidly expanding end user industries in the developing economies in the region. Europe is third at xx% while RoW is the last at xx%.
Some names in cooling tower manufacturers include:
- SPX Cooling Technologies, Inc. (The U.S.)
- Delta Cooling Towers, Inc. (The U.S.)
- SPIG S.P.A. (Italy),
- Johnson Controls, Inc. (The U.S.)
- Evapco Inc. (The U.S.)
The market is fairly fragmented with no single company holding a share drastically larger than its competitors.
Other companies involved in the manufacturing of cooling towers include:
- Harrison Cooling Towers Pvt. Ltd. (India)
- United Cooling Towers Pvt. Ltd. (India)
- Baltimore Cooling Company, Inc. (Australia)
- Kuken Kogyo Co. Ltd. (Japan)
1. Cooling Tower Market Overview
2. Executive Summary
3. Cooling Tower Market Landscape
3.1. Market Share Analysis
3.2. Comparative Analysis
3.2.1. Product Benchmarking
3.2.2. Top 5 Financials Analysis
3.2.3. End User Profiling
4. Cooling Tower Market Forces
4.1. Market Drivers
4.2. Market Constraints
4.3. Market Challenges
4.4. Attractiveness of the Industry
4.4.1. Power of Suppliers
4.4.2. Power of Customers
4.4.3. Threat of New Entrants
4.4.4. Threat of Substitution
4.4.5. Degree of Competition
5. Cooling Tower Market Strategic Analysis
5.1. Value Chain Analysis
5.2. Pricing Analysis
5.3. Opportunity Analysis
5.4. Product Life Cycle Analysis
5.5. Suppliers and Distributors
6. Cooling Tower Market By Type
6.1. Natural Draft
6.2.1. Forced Draft
6.2.2. Induced Draft
6.3. Hybrid Draft
7. Cooling Tower Market By Construction
7.2. Factory Assembled
8. Cooling Tower Market By Method of Heat Transfer
8.1. Evaporative Tower
8.2. Dry Towers
8.3. Plume Abatement Towers
8.4. Water Conservation Towers
9. Cooling Tower Market By Application
9.1. Pharmaceutical and Laboratories
9.2. Food and Beverage
9.4. Process Cooling
9.5. Chemical & Petrochemical Plants
10. Cooling Tower Market By Geography
11. Market Entropy
12. Investment Opportunities
13. Company Profiles
13.1. SPX Cooling Technologies, Inc.
13.2. Delta Cooling Towers, Inc.
13.3. United Cooling Systems Pvt. Ltd.
13.4. Harrison Cooling Towers Pvt. Ltd.
13.5. Kemrock Industries and Exports Ltd.
13.6. Evapco Inc.
13.7. SPIG S.P.A.
13.8. Kuken Kogyo Co., Ltd.
13.9. Baltimore Cooling Company, Inc.
13.10. Johnson Controls, Inc.
*More than 40 Companies are profiled in this Research Report, Complete List available on Request*
"*Financials would be provided on a best efforts basis for private companies"
14.3. Research Methodology