What is the projected market size of the Global Cooling Tower Market by 2033?

The Global Cooling Tower Market is expected to reach USD 5.6 billion by 2033. The market is expected to grow at a CAGR of 4.5% from 2024 to 2033.

Which product type dominates the cooling tower market?

Open circuit cooling towers dominate the market, holding a 43.2% share due to their efficiency and cost-effectiveness.

Which region holds the largest share in the cooling tower market?

The Asia-Pacific (APAC) region holds the largest share at 31.2%, driven by rapid industrialization and infrastructure development.

Who are the key players in the cooling tower market?

Key players include Krones AG, MITA Cooling Technologies Srl, Babcock & Wilcox Enterprises, Inc., JAEGGI Hybridtechnologie AG, HAMON & CIE S.A., SPX CORPORATION, ILMED IMPIANTI SRL, Kelvion Holding GmbH, JACIR – GOHL, EVAPCO, Inc., and EWK.

Global Cooling Tower Market Report By Product (Open circuit, Closed circuit, Hybrid), By Type (Wet, Dry, Hybrid), By Material (Fibre-reinforced plastic, Steel, Concrete, Wood, HDPE), By Application (HVAC, Chemicals & Petrochemicals, Pharmaceutical, Power Generation, Food & Beverages, Others), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2024-2033

Published date: June 2024
Report ID: 122766
Number of Pages: 211
Format:

- Krones AG
- MITA Cooling Technologies Srl
- Babcock & Wilcox Enterprises, Inc.
- JAEGGI Hybridtechnologie AG
- HAMON & CIE S.A.
- SPX CORPORATION
- ILMED IMPIANTI SRL
- Kelvion Holding GmbH
- JACIR – GOHL
- EVAPCO, Inc.
- EWK
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