Market Overview - Global Cooling Towers Market Shares, Strategies Size And ForecPosted by akshayparmar on November 7th, 2017 Cooling Towers Market (Evaporative Cooling Towers, Dry Cooling Towers, Hybrid; Natural Draft, Mechanical Draft) - Growth, Share, Opportunities, Competitive Analysis and Forecast 2017 - 2025, the global cooling towers market stood at US$ 2,763 Mn in 2017 and is estimated to expand with a CAGR of 4.6% from 2017 to 2025. Browse Full Report Visit - http://www.acutemarketreports.com/report/cooling-towers-market Market Insights Cooling towers are among the most important components of various industrial processes. These can be referred to as heat rejection devices used to eliminate waste heat generated to the atmosphere by cooling down the used water. The circulating water in the tower is cooled either by evaporation (wet cooling) or by air cooling (dry cooling) technology. The prime motive of the cooling towers is to cool down the water generated from various industrial processes or HVAC (heating, ventilation and air conditioning) cooling. Competitive Insights: The cooling towers market is highly fragmented in nature with large number of international as well as regional players operating in the market. The manufacturers majorly focus upon developing products that offer high efficiency and lesser external water contamination. Due to stringent regulations over generation of contaminated water in the process, complying with these norms becomes priority for the manufacturers. Some of the major players in the market comprise Baltimore Aircoil Company, SPX Corporation, GEA Heat Exchangers Group, Paharpur Cooling Towers Ltd., EVAPCO Group and others. Key Trends: • Development of hybrid cooling towers for better water efficiency
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