The Business Research Company’s report goes into great detail on the cooling tower market size and growth, cooling tower market regional analysis, cooling tower market competitive landscape, and other critical information needed to excel in the cooling tower industry.

Major players in the cooling tower market include SPX Corporation, Baltimore Aircoil Company, Evapco Inc, Bell Cooling Tower, Brentwood Industries Inc., Enexio, Paharpur Cooling Towers, ENEXIO Management, Baltimore Aircoil Company (BAC), Hamon & Cie International SA, Johnson Controls, Perfect Cooling Towers, and Thermal Care.

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

The global cooling tower market size is expected to grow from $2.97 billion in 2021 to $3.14 billion in 2022 at a compound annual growth rate (CAGR) of 5.67%. The global cooling tower market size is expected to reach $3.76 billion in 2026 at a CAGR of 4.63%.

North America was the largest region in the cooling tower market in 2021.

The cooling tower market consists of sales of the cooling tower by entities (organizations, sole traders, partnerships) that refers to specialized heat exchanger, in which air and water are forced into a direct contact to reduce the water’s temperature. During the colling tower process, small quantity of water evaporates and lowers the water, which is being circulated throughout the tower.

Rising demand for cooling towers from the developing markets of Asia-Pacific is expected to drive the cooling tower market.

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The installation of eco-friendly products is a key trend in the cooling tower market. Eco-friendly products use water rather than air to transport heat rather than air, which is roughly 3,200 times more efficient and environmentally friendly.

TBRC’s global cooling tower market report is segmented:
By Type: Evaporative Cooling Tower, Dry Cooling Tower, Hybrid Cooling Tower
By Flow: Cross Flow, Counter Flow
By Application: Chemicals, Petrochemicals, Power Generation, HVACR, Food & Beverages, Other Application
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The Cooling Tower Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the cooling tower market globally and regionally, analyzes and forecasts market size, share, cooling tower market players, cooling tower market segments, leading competitor revenues, profiles and market shares.

Here Is A List Of Similar Reports From The Business Research Company:

Temperature Management Global Market Report 2022

HVAC And Commercial And Industrial Refrigeration Equipment Global Market Report 2022

Compressors Global Market Report 2022

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