Screw Chillers Market by End User Industry (Food and Beverage, Chemical and Petrochemicals, Pharmaceutical, Oil and Gas, Others)
PORTLAND, UNITED STATES, July 12, 2023/EINPresswire.com/ — Allied Market Research published a report titled “Screw Chillers Market by Product Type (Air Cooled Chiller, Water-Cooled Chiller), by Compressor Type (Single, Dual and Twin), by End User Industry (Food and Beverage, Chemical and Petrochemicals, Pharmaceutical, Oil and Gas, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031.” According to a report, the global market for screw chillers was valued at $4.6 billion in 2021 and is estimated to reach $6.5 billion by 2031, registering a CAGR of 3.4% from2022 to 2031.
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The screw chillers market research report outlines the competitive landscape of the industry to help the key market players increase their shares and stay competitive in the industry. The report includes market forecasts for market size, outcome, revenue, consumption, CAGR, gross margin, price, and other important variables. It is composed of the most effective primary and secondary research techniques and resources available in the field. It includes numerous research studies on market dynamics, production and consumption analysis, pricing analysis, company profiling, and manufacturing cost analysis.
Market Dynamics:
The study provides Porter’s five forces analysis to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of the buyers in the global screw chillers industry. The report also provides in-depth analysis of current market trends as well as potential future growth areas, as well as current growth drivers, challenges, opportunities, trending market segments, consumer behavior, market performance, pricing factors, SWOT analysis, and estimation.
Prime Determinants of Growth:
Drivers
Rise in demand of screw chillers from various industry verticals such as food & beverages, chemicals and petrochemicals, pharmaceutical, plastic, oil and gas, and others.
High demand of screw chillers due to its high volumetric efficiency and capability to provide uniform and continuous flow of refrigerants.
Restraints
COVID-19 pandemic
Opportunities
Advantages of screw chillers like elimination of possibility of pressure drop and production of less vibrations
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Segmental Analysis:
The report analyzes key segments of the screw chillers market on the basis of product type, compressor type, end user industry, and region.
By product type
Air Cooled Chiller
Water-Cooled Chiller
By compressor type
Single
Dual and Twin
By end user industry
Food and Beverage
Chemical and Petrochemicals
Pharmaceutical
Oil and Gas
Others
By region
North America (U.S., Canada, Mexico)
Europe (Germany, Italy, UK, France, Rest Of Europe)
Asia-Pacific (China, Japan, India, Australia, Rest Of Asia-Pacific)
LAMEA (Latin America, Middle East, Africa)
Key market players in the global screw chillers market:
The leading market players profiled in the screw chillers market include EUROKLIMAT S.P.A., Carrier, Mitsubishi Electric Hydronics & IT Cooling Systems S.p.A, Johnson Controls, Trane Technologies plc, Dunham Bush, Robert Bosch GmbH, McQuay Air-conditioning Ltd., and Haier Group, LG Electronics.
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David Correa
Allied Analytics LLP
+ 1 800-792-5285
email us here
Originally published at https://www.einpresswire.com/article/644136325/global-screw-chillers-market-industry-future-scope-size-share-and-forecast-2022-to-2031