Field Erected Cooling Tower Market is Expected to Expand at an Impressive Rate by 2026

1. Field Erected Cooling Tower Market  Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2026 ©2019 Transparency Market Research, All Rights Reserved

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3. A cooling tower is designed to remove heat from a fluid, usually water, to the atmosphere, most often through the process of evaporative cooling. • Thus, cooling tower is heat rejection device which rejects the heat to atmosphere through the cooling of water stream to lower temperature. • The common applications where cooling tower mostly used in petrochemical, thermal power, oil refineries, chemical plants, paper mills and others (includes iron & steel plant, metallurgy etc.). • The field erected cooling tower are specially designed to use in power plants, steel processing plants and petrochemical plants due to their greater capacity of heat rejection.  Field Erected Cooling Tower Market Overview View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved

4. Field Erected Cooling Tower Market Type: • Based on type, the wet type field erected cooling towers contributed the largest share of the cooling tower market in 2015 and is projected to continue the majority of the share during the forecast period. • Increasing electricity demand from emerging countries in Asia pacific where large focus is given on installation of power plants to generate the electricity. • This is the main factor which anticipated to drive the growth of the field erected cooling tower market during the forecast period.

5. Rise in demand for cyclopentane for use in insulating construction materials to augment the market Based on end-users, power generation dominated the field erected cooling tower market in 2015 and is anticipated to grow at highest CAGR during the forecast period. Increasing modification and replacement of oil field cooling tower with various renewable energy sources for power generation across all the regions are the main factors which are anticipated to contribute the growth of the field erected cooling tower market during the forecast period. ©2019 Transparency Market Research, All Rights Reserved

6. Key players operating in the global field erected cooling tower market  SPX Corporation, Hamon & CIE International SA Baltimore Aircoil Company Inc., Brentwood Industries, Inc. Spig S.P.A., Evapco Inc. Enexio Management GmbH, Mesan Group  ©2019 Transparency Market Research, All Rights Reserved

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