Cooling tower market is anticipated to grow at a significant CAGR of 3.2% during the forecast period. One of the major drivers of the cooling tower market is the surge in the application of cooling towers. Many industries have started to introduce cooling towers in their infrastructure which has supplemented the growth of the market. Water cooling towers have started to become a more energy efficient substitute for other air-cooling methods such as air-conditioning, as they require low energy consumption and companies are continuing to use cooling towers because they oppose the heat transfer in the air.
To Request a Sample of our Report on Cooling Tower Market: https://www.omrglobal.com/request-sample/cooling-tower-market
The design of the cooling tower is built for cooling the circulation water during the manufacturing process, which is why the demand for cooling towers is growing in industries such as food processing plants, petroleum refiners, and natural gas plants. Cooling towers have tremendously benefited the industries with heavy machinery by minimizing the over-heating of their heavy equipment and manufacturing machinery. This also reduces the servicing and the breaks that must be taken due to over-heating to provide break-free output.
Despite the driving forces of the cooling tower market, it faces several challenges and issues related to the scaling of a large project and corrosion of cooling water pipes. Cooling towers have to deal with the issue of corrosion, as after the installation, unchecked water runs through the pipes of the cooling tower causing corrosion in the metal pipes which leads to leakage. The water supply contains impurities like sodium, other elements, and chemicals that react with the air causing corrosion. Thus, such factors could hamper the growth of the market.
Cooling Tower Market Segmentation
By Type
- Wet
- Dry
- Hybrid
By Systems
- Open Cooling System
- Closed Cooling System
By Flow
- Cross Flow
- Counter Flow
By Application
- Power generation
- HAVC
- Oil & Gas
- Others (Die Casting and Anodizing)
A full Report of Cooling Tower Market is Available @ https://www.omrglobal.com/industry-reports/cooling-tower-market
Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
Company Profiles
- Delta Cooling Tower Ltd.
- Babcock & Wilcox Enterprises, Inc.
- BELL COOLING TOWERS
- Berg Chilling Systems Inc.
- Brentwood Industries
- CCS
- Cooling Tower Depot, Inc.
- Cooling Tower Systems, Inc.
- Enexio
- IlmedImpiantiSrl
- Kelvion Holding GmbH
- International Cooling Tower Inc.
- MESAN Group
- REYMSA COOLING TOWERS, INC.
- WTWH Media, LLC
- STAR Cooling Towers
- Superchill Australia Ptv. Ltd.
- Thermal Care, Inc.
Reasons to buy from us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/cooling-tower-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
