Global Process Chillers Market Projected to Reach CAGR Of 5.3% by 2027Posted by Arslan on June 19th, 2019 The purpose of this comprehensive forecast report presented by FactMR is to elaborate the various market projections impacting the global process chillers market size during the period through 2018-2027. This assessment delivers high-end statistics concerning market size, growth in trends and revenue share (US& Mn) linked to different geographies and segmentation types. Readers can acquire precise insights about market growth trends along with upcoming opportunities that are expected to reshape the overall structure of the process chillers market during the forecast period. Process Chillers Market: Key Insights
What is Driving Process Chillers Market Proliferation?
Have Any Question? Ask Our Industry Experts – https://www.factmr.com/connectus/sample?flag=AE&rep_id=1904 Leading players operating in the process chillers market include Johnson Controls International plc, Blue Star Ltd., and Thermonics Corporation. Some of the other players operating in the process chillers market are Drake Refrigeration Inc., MTA USA, Cooling Technology Inc., Aqua Cooling Solutions Ltd., Pfannenberg, Inc., Advantage Engineering Inc., and Motivair Corporation Air-cooled Chillers to Find Increasing Demand in Food and Beverages Industry Although water-cooled chillers are cheap and efficient, it is air-cooled chillers whose demand is estimated to rise in the foreseeable future. The surge in the demand can be attributed to recent technological headways allowing manufacturers to improve the efficiency of and effectiveness of air-cooled chillers in the industry. In addition, the relatively easy installation of air-cooled chillers coupled with lower maintenance costs is likely to drive the demand for these process chillers in an assortment of industries. Changing lifestyle, automation, and a surge in demand for processed food are some of the vital factors contributing to the robust growth of the food and beverages industry. With processed food production estimated to rise due to these factors, the demand for refrigeration in the food and beverages industry is likely to surge. The rapid growth of construction, chemicals, pharmaceuticals, printing, energy, and other industries is estimated to bolster demand for both compact and centralized process chillers. Like it? Share it!More by this author |