Cooling Towers Market By System 2023 | IndustryARC
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Cooling Towers Market
Cooling Towers Market: By System (direct contact, closed circuit); By Type (hybrid draft, induced draft, mechanical draft, others); By application (HVAC, F&B, pharmaceutical, chemical, refineries, others); By Geography - Forecast(2018-2023)
Report Code : CMR 0401
Updated Date: 30 May, 2018  
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  • Report Description
  • Table of Contents
  • Tables And Figures
  • Customization Options
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. End User profiling
      3.2.3. Patent Analysis
      3.2.4. Top 5 Financials Analysis
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. Opportunities Analysis
   5.4. Product/Market Life Cycle Analysis
   5.5. Suppliers and Distributors
6. Cooling tower market-By system
   6.1. Direct contact/open-cooling tower
   6.2. Closed circuit cooling tower
7. Cooling Tower Market - By Type
   7.1. Introduction
   7.2. Mechanical draft
   7.3. Natural Draft
   7.4. Hybrid Draft
   7.5. Induced draft
   7.6. Forced draft
   7.7. Cross-flow towers
   7.8. Counter-flow towers
   7.9. Fluid cooler
   7.10. Evaporative condenser
   7.11. Others
8. Cooling Tower Market - By construction
   8.1. Field Erected 
   8.2. Factory Assembled
9. Cooling tower market – By construction Material
   9.1. Wood
   9.2. Metals
   9.3. Plastics
   9.4. Graphite composites
   9.5. Concrete   
   9.6. Others
10. Cooling Tower Market – By method of heat transfer
   10.1. Evaporative Tower
   10.2. Dry Tower
   10.3. Plume Abatement Tower
   10.4. Water Conservation Tower
   10.5. Other
11. Cooling Tower Market – By Application
   11.1. Pharmaceutical and Laboratories
   11.2. Food and Beverages
   11.3. HVAC
   11.4. Process Cooling
   11.5. Chemical and Petrochemical Plant
   11.6.  Refineries
   11.7.  Others
12. Cooling Tower Substrate Market - By Geography
   12.1. North America 
      12.1.1. U.S.  
      12.1.2. Canada 
      12.1.3. Mexico 
      12.1.4. Rest of North America
   12.2. South America 
      12.2.1. Brazil 
      12.2.2. Venezuela
      12.2.3. Argentina
      12.2.4. Ecuador
      12.2.5. Peru
      12.2.6. Colombia 
      12.2.7. Costa Rica
      12.2.8. Rest of South America
   12.3. Europe 
      12.3.1. U.K 
      12.3.2. Germany 
      12.3.3. Italy 
      12.3.4. France
      12.3.5. Netherlands
      12.3.6. Belgium
      12.3.7. Spain
      12.3.8. Denmark
      12.3.9. Rest of Europe
   12.4. APAC
      12.4.1. China 
      12.4.2. Australia 
      12.4.3. South Korea
      12.4.4. India
      12.4.5. Taiwan
      12.4.6. Malaysia
      12.4.7. Hong Kong  
      12.4.8. Rest of APAC
   12.5. Middle East& Africa 
      12.5.1. Israel
      12.5.2. South Africa
      12.5.3. Saudi Arabia
   12.6. Rest of Middle East and Africa
13. Market Entropy
   13.1. New Product Launches
   13.2. M&As, Collaborations, JVs, Partnership
14. Company Profiles (Overview, Financials, SWOT Analysis, Developments, Product Portfolio)
   14.1. SPX Corporation
   14.2. Hamon axisparc
   14.3. ENEXIO
   14.4. SPIG SPA
   14.5. Baltimore Aircoil Company
   14.6. Company 6
   14.7. Company 7
   14.8. Company 8
   14.9. Company 9
*More than 10 Companies are profiled in this Research Report*
"*Financials would be provided on a best efforts basis for private companies"
15. Appendix
   15.1. Abbreviations
   15.2. Sources
   15.3. Research Methodology
   15.4. Bibliography
   15.5. Compilation of Expert Insights
   15.6. Disclaimer
Cooling towers are the essential part of many industrial plants which are constructed to reject the heat into the atmosphere. The global cooling towers market is $2037.8M in 2017 and is estimated to grow at a CAGR of 4.84% during 2018-2023. Europe region held the major share of 34%. Rising demand of HVAC systems in the industrial sector is driving the growth of cooling tower market during the forecast period.

What is cooling tower?
Cooling towers are the important part of many industrial plants. The basic task of a cooling tower is to reject heat into the atmosphere. These are relatively inexpensive and dependable means of removing low-grade heat from cooling water. Cooling towers are most widely used to remove excess heat that is generated & and is used to represent a relatively dependable and inexpensive means of removing low-grade heat from cooling water.

What are the major applications for Cooling Tower?
Cooling towers are specialized heat exchangers that are used to reduce the water temperature. In these heat exchangers, air and water are brought into direct contact with each other to reduce the overall temperature. These towers are designed for cooling the circulating water used in petrochemical plants, thermal power stations, chemical plants and few more.

These are most common in industries such as oil refining, chemical processing, power plants, and steel mills. They are widely used to provide comfort cooling for hospitals, large commercial buildings, hotels and conference centers.

Cooling Towers Market

Market Research and Market Trends of cooling towers
  • Companies are coming up with Everest cooling towers that offers 85% more cooling capacity per cell. The unique design of this cooling tower have fewer components, minimal electric connections, lesser maintenance costs and many more. These are also priced relatively lower and hence increasing the purchasing power of buyers.
  • ‘3D trassar’ technology for Cooling water automation & control Cooling Water ensures that your cooling system is protected when your operators are busy, quickly detecting and resolving problems and delivering peace of mind.
  • Cooling towers are extensively been used in non-industrial segments that include commercial real estate sector to regulate the temperature within thermal and nuclear power plants across the world to ensure optimum production of energy.
  • Growing demand for hybrid cooling towers in increasing day by day as it perform well when compared to the dry cooling towers and wet cooling towers. Hybrid cooling towers help buyers in plume abatement and offer excellent resistance to issues such as corrosion and scaling.

Who are the Major Players in cooling towers market?
The companies referred in the market research report includes SPX Corporation, Hamon axisparc, ENEXIO, SPIG SPA, Baltimore Aircoil Company.

What is our report scope?
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2018-2024.

All our reports are customizable to your company needs to a certain extent, we do provide 20 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.

Key Takeaways from this Report
  • Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
  • Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
  • Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.
  • Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes. 
  • Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years. 
  • Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market. 
List of Tables:

Table 1: Global Cooling Towers Market Value, By Type, 2015-2021 ($Million)
Table 2: Global Cooling Towers Market Volume, By Type, 2015-2021 (000’ Units)
Table 3: Global Mechanical Draft Cooling Tower Market Volume, By Type, 2015-2021 (000’ Units)
Table 4: Global Cooling Tower Market Value, By Construction, 2015-2021 ($Million)
Table 5: Global Cooling Tower Market Volume, By Construction, 2015-2021 (‘000 Units)
Table 6: Global Cooling Tower Market Value, By Method Of Heat Transfer, 2015-2021 ($Million)
Table 7: Global Cooling Tower Market Volume, By Method Of Heat Transfer, 2015-2021 (‘000 Units)
Table 8: Global Cooling Towers Market Value, By Application, 2015-2021 ($Million)
Table 9: Global Cooling Towers Market Volume ('000) Units, By Application, 2015-2021 
Table 10: Global: Cooling Towers Market Volume, By Region, 2015-2021 (‘000 Units)
Table 11: Global: Cooling Towers Market Value, By Region, 2015-2021 ($Million)
Table 12: Americas: Cooling Towers Market Revenue, By Type, 2015-2021 ($Million)
Table 13: Americas: Cooling Towers Market Revenue, By Construction, 2015-2021 ($Million)
Table 14: Americas: Cooling Towers Market Revenue, By Method of Heat Transfer, 2015-2021 ($Million)
Table 15: Americas: Cooling Towers Market Revenue, By Application, 2015-2021 ($Million)
Table 16: Americas: Cooling Towers Market Revenue, By Country , 2015-2021 ($Million)
Table 17: Europe: Cooling Towers Market Value, By Type, 2015 -2021 ($Million)
Table 18: Europe: Cooling Towers Market Value, By Construction, 2015 -2021 ($Million)
Table 19: Europe: Cooling Towers Market Value, By Method Of Heat Transfer, 2015 -2021 ($Million)
Table 20: Europe: Cooling Towers Market Value, By Application, 2015 -2021 ($Million)
Table 21: Europe: Cooling Towers Market Value, By Country, 2015 -2021 ($Million)
Table 22: APAC: Cooling Tower Market Value, By Type, 2015-2021 ($Million)
Table 23: APAC: Cooling Tower Market Value, By Construction, 2015-2021 ($Million)
Table 24: APAC: Cooling Tower Market Value, By Heat Transfer, 2015-2021 ($Million)
Table 25: APAC: Cooling Tower Market Value, By Application, 2015-2021 ($Million)
Table 26: APAC: Cooling Tower Market Value, By Country, 2015-2021 ($Million)
Table 27: RoW: Cooling Towers Market Revenue, By Type, 2015-2021 ($Million)
Table 28: RoW: Cooling Towers Market Revenue, By Construction, 2015-2021 ($Million)
Table 29: RoW: Cooling Towers Market Revenue, By Method of Heat Transfer, 2015-2021 ($Million)
Table 30: RoW: Cooling Towers Market Revenue, By Application, 2015-2021 ($Million)
Table 31: RoW: Cooling Towers Market Revenue, By Country , 2015-2021 ($Million)


List of Figures:

Figure 1: Global Cooling Tower Market Value and Volume, 2015-2021 ($Million, Thousand Units)
Figure 2: Global Cooling Tower Market Value Share, By Type, 2015 (%)
Figure 3: Global Cooling Tower Market Value , By Application, 2015 & 2021 ($Million)
Figure 4: Global Cooling Tower Market Value, By Geography, 2015 & 2021 ($Million)
Figure 5: Global Cooling Tower Market Share, By Key Players, 2015 (%)
Figure 6: Cooling Tower Market Share, By End-User Industry, 2015 (%)
Figure 7: Johnson Control Inc. Financials, 2015 ($Million)
Figure 8: SPX CORPORATION Financials, 2015 ($Million)
Figure 9: BABCOCK & WILCOX ENTERPRISES, INC. Financials, 2015 ($Million)
Figure 10: Earning Per Share, By Company, 2015 ($)
Figure 11: Global Natural Draft Cooling Towers Market Value, 2015-2021 ($Million)
Figure 12: Global Forced Draft Cooling Towers Market Value,2015-2021 ($Million)
Figure 13: Global Induced Draft Cooling Towers Market Value, 2015-2021 ($Million)
Figure 14: Global Hybrid Draft Cooling Towers Market Value, 2015-2021 ($Million)
Figure 15: Field Erected: Global Cooling Towers Market Value & Volume, 2015-2021 ($Million, ‘000 Units)
Figure 16: Factory Assembled: Global Cooling Tower Market Value & Volume, 2015-2021 ($Million, ‘000 Units)
Figure 17: Evaporative Tower: Global Cooling Tower Market Value & Volume, 2015-2021 ($Million, ‘000 Units)
Figure 18: Dry Tower: Global Cooling Tower Market Value & Volume, 2015-2021 ($Million, ‘000 Units)
Figure 19: Plume Abatement Tower: Global Cooling Tower Market Value & Volume, 2015-2021 ($Million, ‘000 Units)
Figure 20: Water Conservation Tower: Global Cooling Tower Market Value & Volume, 2015-2021 ($Million, ‘000 Units)
Figure 21: Others: Global Cooling Tower Market Value & Volume, 2015-2021 ($Million, ‘000 Units)
Figure 22: Pharmaceutical and Laboratories: Global Cooling Towers Market Value and Volume ,2015-2021 ($Million, Thousand Units) 
Figure 23: Food and Beverage: Global Cooling Towers Market Value and Volume , 2015-2021 ($Million, Thousand Units)
Figure 24: HVAC: Global Cooling Towers Market Value and Volume , 2015-2021 ($Million, Thousand Units)
Figure 25: Process Cooling: Global Cooling Towers Market Value and Volume ,2015-2021 ($Million, Thousand Units)
Figure 26: Chemical & Petrochemical Plants: Global Cooling Towers Market Value and Volume , 2015-2021 ($Million, Thousand Units)
Figure 27: Refineries: Global Cooling Towers Market Value and Volume , 2015-2021 ($Million, Thousand Units)
Figure 28: Others: Global Cooling Towers Market Value and Volume , 2015-2021 ($Million, Thousand Units)
Figure 29: Cooling Towers Market - By Geography
Figure 30: U.S.: GDP and Population, 2012-2015 ($Trillion, Million)
Figure 31: U.S.: GDP – Composition of 2015, By Sector of Origin
Figure 32: U.S.: Export and Import Value, 2012-2015 ($Trillion)
Figure 33: U.S.: GDP – Composition of 2015, By End Use
Figure 34: Canada: GDP and Population, 2012-2015 ($Trillion, Million)
Figure 35: Canada: GDP – Composition of 2015, By Sector of Origin
Figure 36: Canada: Export and Import Value, 2012-2015 ($Billion)
Figure 37: Canada: GDP – Composition of 2015, By End Use
Figure 38: Mexico: GDP and Population, 2012-2015 ($Trillion, Million)
Figure 39: Mexico: GDP – Composition of 2015, By Sector of Origin
Figure 40: Mexico: Export and Import Value, 2012-2015 ($Billion)
Figure 41: Mexico: GDP – Composition of 2015, By End Use
Figure 42: Brazil: GDP and Population, 2012-2015 ($Trillion, Million)
Figure 43: Brazil: GDP – Composition of 2015, By Sector of Origin
Figure 44: Brazil: Export and Import Value, 2012-2015 ($Billion)
Figure 45: Brazil: GDP – Composition of 2015, By End Use
Figure 46: U.S.: Cooling Towers Market Value, 2015 -2021, ($Million)
Figure 47: Brazil: Cooling Towers Market Value, 2015 -2021, ($Million)
Figure 48: Mexico: Cooling Towers Market Value, 2015 -2021, ($Million)
Figure 49: Canada: Cooling Towers Market Value, 2015 -2021, ($Million)
Figure 50: Rest of Americas: Cooling Towers Market Value, 2015 -2021, ($Million)
Figure 51: Americas: Cooling Towers Market CAGR, By Country (%)
Figure 52: U.K.: GDP and Population, 2012-2015 ($Trillion, Million)
Figure 53: U.K.: GDP – Composition of 2015, By Sector of Origin
Figure 54: U.K.: Export and Import Value, 2012-2015 ($Billion)
Figure 55: U.K.: GDP – Composition of 2015, By End Use
Figure 56: Germany: GDP and Population, 2012-2015 ($Trillion, Million)
Figure 57: Germany: GDP – Composition of 2015, By Sector of Origin
Figure 58: Germany: Export and Import Value, 2012-2015 ($Billion)
Figure 59: Germany: GDP – Composition of 2015, By End Use
Figure 60: France: GDP and Population, 2012-2015 ($Trillion, Million)
Figure 61: France: GDP – Composition of 2015, By Sector of Origin
Figure 62: France: Export and Import Value, 2012-2015 ($Billion)
Figure 63: France: GDP – Composition of 2015, By End Use
Figure 64: U.K.: Cooling Towers Market Value, 2015 -2021, ($Million)
Figure 65: France: Cooling Towers Market Value, 2015 -2021, ($Million)
Figure 66: Germany: Cooling Towers Market Value, 2015 -2021, ($Million)
Figure 67: Spain: Cooling Towers Market Value, 2015 -2021, ($Million)
Figure 68: Rest Of Europe: Cooling Towers Market Value, 2015 -2021, ($Million)
Figure 69: Europe: Cooling Towers Market CAGR, By Country (%)
Figure 70: China: GDP and Population, 2012-2015 ($Trillion, Million)
Figure 71: China: GDP – Composition of 2015, By Sector of Origin
Figure 72: China: Export and Import Value, 2012-2015 ($Million)
Figure 73: China: GDP – Composition of 2015, By End Use
Figure 74: India: GDP and Population, 2012-2015 ($Trillion, Million)
Figure 75: India: GDP – Composition of 2015, By Sector of Origin
Figure 76: India: Export and Import Value, 2012-2015 ($Million)
Figure 77: India: GDP – Composition of 2015, By End Use
Figure 78: China: Cooling Tower Market Value, 2015 -2021 ($Million)
Figure 79: Australia: Cooling Tower Market Value, 2015 -2021 ($Million)
Figure 80: India: Cooling Tower Market Value, 2015 -2021 ($Million)
Figure 81: Others: Cooling Tower Market Value, 2015 -2021 ($Million)
Figure 82: Asia-Pacific: Cooling Towers Market CAGR, By Country, 2016-2021 (%)
Figure 83: Middle East: Cooling Towers Market Revenue, 2015-2021 ($Million)
Figure 84: Africa: Cooling Towers Market Revenue, 2015-2021 ($Million)
Figure 85: Cooling Tower Market Entropy Development Share, By Strategies, 2012-2017* (%)
Figure 86: Cooling Tower Market Entropy, By Total Number of Developments, 2012-2017* 
Figure 87: Babcock & Wilcox Enterprises, Inc. Revenue, 2013-2015 ($Million)
Figure 88: Babcock & Wilcox Enterprises, Inc. Share, By Business Segment, 2015 (%)
Figure 89: Johnson controls, Inc. Sales, 2013-2015 ($Million)
Figure 90: Johnson controls, Inc. Sales, By Business Segment, 2015 (%)
Figure 91: Johnson controls, Inc. Sales, By Geography, 2015 (%)
Figure 92: SPX Cooling Technologies Inc. , Revenue, 2012-2015 ($Billion)
Figure 93: SPX Cooling Technologies Inc. Revenue,By Business Segment, 2015 (%) 
Figure 94: SPX Cooling Technologies Inc. Revenue, By Geography, 2015 (%)
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