Analyzing Market Trends in the Heat Exchangers Market The global heat exchangers market was estimated at USD 18.19 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2030. The increasing emphasis on efficient thermal management across various industries—including oil and gas, power generation, chemical and petrochemical, food and beverage, and HVAC and refrigeration—is...
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