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NEW YORK , May 17, 2021 /PRNewswire/ --
Technavio has been monitoring the scraped surface heat exchanger market and it is poised to grow by USD 88.24 million during 2021-2025, progressing at a CAGR of almost 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
The COVID-19 pandemic continues to transform the growth of various industries; however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have at Par impact on the scraped surface heat exchanger market.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alfa Laval AB, Armstrong Engineering Associates, Buhler AG, GPE Process Equipment, HRS Heat Exchangers Ltd., Kelstream, KNM Group Berhad, LaGrange Products Inc., ProXES GmbH, and SPX FLOW Inc. are some of the major market participants. Factors such as the growing demand from APAC-based countries, the operational benefits associated with scraped surface heat exchangers, the increasing demand for meat and poultry processing will offer immense growth opportunities. The presence of manufacturers in APAC that offer low-cost products is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this scraped surface heat exchanger market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Scraped Surface Heat Exchanger Market 2021-2025: Segmentation
Scraped Surface Heat Exchanger Market is segmented as below:
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR70570
Scraped Surface Heat Exchanger Market 2021-2025: Scope.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The scraped surface heat exchanger market report covers the following areas:
This study identifies the technological advances in the design of heat exchangers as one of the prime reasons driving the Scraped Surface Heat Exchanger Market growth during the next few years.
Scraped Surface Heat Exchanger Market 2021-2025: Key Highlights
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About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ Report Page: https://www.technavio.com/report/scraped-surface-heat-exchanger-market-industry-analysis
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