Exploring the Dynamics of the Global Heat Exchangers Market: Trends, Innovations, and Future Outlook
The Global Heat Exchanger Market was valued at US$ 19.65 Bn in the year 2023 and is expected to reach US$ 28.58 Bn by 2030 with a growing CAGR of 5.5% over the forecast period. Heat exchangers are devices used for transfer of heat from one medium to another without mixing the two mediums. The heat exchanger either heats or cools processes by transfer of heat energy through the process of conduction.
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