Plate & Frame Heat Exchangers Market: Overview

Heat exchangers are devices that are designed to transfer heat between two or more fluids (i.e. liquids, vapors, or gases) of different temperatures. Depending on type of heat exchanger employed, the heat transferring process can be gas-to-gas, liquid-to-gas, or liquid-to-liquid. It occurs through a solid separator, which prevents mixing of fluids, or direct contact of fluids with each other. One of the types of heat exchangers is plate and frame heat exchangers. These are thin, parallel plates stacked together to form broad, parallel channels. Hot and cold fluids flow through alternating channels. Plates are separated with a gasket or by welding and they may have patterns to promote turbulent flow. Plates are stacked together and additional plates may be added on gasket designs to increase the heating capacity. The flow can be arranged as either parallel or counter flow. The large surface area afforded by plates implies that plate and frame heat exchangers can allow higher heat transfer between the two fluids, for a given volume relative to shell and tube heat exchangers.

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Plate & Frame Heat Exchangers Market: Key Segments

Based on type, the plate & frame heat exchangers market can be segmented into gasketed, brazed, welded, and others. Gasketed heat exchangers use high-quality gaskets to seal plates together and protect them from leaks. Plates can be easily removed for cleaning, expansion, or replacing purposes, which results in significant reduction in maintenance costs. Brazed plate heat exchangers are used in several industrial and refrigeration applications. Due to stainless steel plate composition with copper brazing, they are highly resistant to corrosion. Brazed plate heat exchangers are efficient and compact, which makes them cost-efficient. Welded plate heat exchangers are similar to gasketed plate heat exchangers, with the only difference being that the plates are welded together. They are extremely durable and are ideal for transferring fluids with high temperatures. However, since plates are welded together, mechanical cleaning of plates is not possible.

In terms of end-user, the plate & frame heat exchangers market can be divided into chemical, petrochemical, oil & gas, food & beverages, pulp & paper, power generation, and HVAC. Chemical is the dominant end-user segment of the global plate & frame heat exchangers market. Plate and frame heat exchangers are used for organic and mineral chemistries. In HVAC applications, they are used for district heating and cooling, network separation, and aquatic centers and swimming pools.

Plate & Frame Heat Exchangers Market: Regional Outlook

Based on region, the global plate & frame heat exchangers market can be divided into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Europe is the dominant region of the global plate & frame heat exchangers market. The region is dominant in terms of production of and demand for plate and frame heat exchangers from various end-users. A large number of manufacturers of plate and frame heat exchangers operate in Europe. Asia Pacific is likely to offer maximum growth potential to the plate & frame heat exchangers market in the next few years. China is a leading plate & frame heat exchangers market in Asia Pacific. It is followed by India. Dominance of China is attributable to rapid growth of chemical, food & beverages, and oil & gas industries in the country. The plate & frame heat exchangers market in Middle East & Africa and Latin America is projected to witness moderate growth during the forecast period.

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Plate & Frame Heat Exchangers Market: Key Players

Key players operating in the global plate & frame heat exchangers market are ALFA LAVAL, Armstrong Fluid Technology, and Thermax Ltd.

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