The Fortune Business Insights Research Company recently published a detailed research titled Global Cooling Towers Market Size 2025: Trends Analysis with Forecast 2025. This current market research study contains a plethora of useful insights and data, such as worldwide market size, regional shares, and competitor market share. Additionally, it discusses current trends, future opportunities, and critical statistics for market success.

The cooling towers market is essential for heat dissipation in various industries, including power generation and HVAC systems. Technological advancements in cooling tower design enhance efficiency, reduce environmental impact, and lower operational costs.

In summary, Fortune Business Insights™’s latest report on the Global Cooling Towers Market is a must-read for any industry

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Forecast Growth Projected:

The global cooling towers market size was valued at USD 4.07 billion in 2023. The market is projected to grow from USD 4.22 billion in 2024 to USD 6.27 billion by 2032, exhibiting a CAGR of 5.1% during the forecast period.

List of the Major Key Players in the Cooling Towers Market:

• Krones AG (Germany)

• SPX CORPORATION (U.S.)

• Babcock & Wilcox Enterprises, Inc. (U.S.)

• EWK (Spain)

• Kelvion Holding GmbH (Germany)

• HAMON & CIE (INTERNATIONAL) S.A. (Belgium)

• MITA Cooling Technologies Srl (Italy)

• JACIR – GOHL (Romania)

• ILMED IMPIANTI SRL (Italy)

• JAEGGI Hybridtechnologie AG (U.S.)

• EVAPCO, Inc. (U.S.)

Key Industry Devlopments in the Cooling Towers Market:

• Johnson Controls International Plc. partnered with Accenture to establish two new OpenBlue Innovation Centers in Bangalore and Hyderabad, India, aiming to expedite the development of building control systems and services.

• Baltimore Aircoil Company (BAC) unveiled its TrilliumSeries Adiabatic Cooler, an energy-efficient cooling tower ideal for applications with limited water usage. This design prioritizes water and energy efficiency, reducing overall costs, while also simplifying installation and maintenance.

Segmentation:

By Type

• Wet

• Dry

• Hybrid

By Application

• Chemicals & Petrochemicals

• Pharmaceutical

• Power Generation

• HVAC

• Food & Beverages

• Others (Paper & Pulp, Plastic, and Others)

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What are the New Additions in Cooling Towers Market Report?

Comprehensive Market Analysis: The 2023 study offers a comprehensive industry analysis, including important market trends, development drivers, challenges, and opportunities. It covers several industrial sectors and provides information on market size, share, and segmentation.

Company Profiles: The study contains detailed information on significant industry participants. It provides thorough profiles of these organizations, focusing on their financial performance, product portfolios, strategic objectives, alliances, and competitive landscape research.

Customization and Analyst Support: The report provides customized services and analyst help upon request. This might involve custom research, particular data requirements, or unique insights depending on the client's needs and preferences.

Recent Market Developments: The report reflects the most recent market developments that have transpired since the last edition. It contains recent mergers and acquisitions, product launches, collaborations, regulatory changes, and other major events that have shaped the industrial landscape.

Futuristic Growth Opportunities: The research examines and provides potential for future growth in the sector. It delves into developing technologies, industry trends, consumer preferences, and regulatory variables that are projected to fuel development and innovation in the next years.

Regional/Country Reports: In response to particular requests, the report provides tailored regional or country-specific analyses. This allows for a better grasp of market dynamics, the competitive environment, and prospects within a certain area or nation.

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