Global Shell & Tube Heat Exchanger Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application

• Description
• Table of Contents
• Table of Figures
• PDF Download

• Description
• Table of Contents
• Table of Figures
• PDF Download

A shell and tube heat exchanger is a class of heat exchanger designs.[1][2] It is the most common type of heat exchanger in oil refineries and other large chemical processes, and is suited for higher-pressure applications. As its name implies, this type of heat exchanger consists of a shell (a large pressure vessel) with a bundle of tubes inside it. One fluid runs through the tubes, and another fluid flows over the tubes (through the shell) to transfer heat between the two fluids. The set of tubes is called a tube bundle, and may be composed of several types of tubes: plain, longitudinally finned, etc.

Shell & Tube Heat Exchanger report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Shell & Tube Heat Exchanger market is projected to reach US$ 7138.8 million in 2029, increasing from US$ 5699.6 million in 2022, with the CAGR of 2.8% during the period of 2023 to 2029. Demand from Chemicals and Petrochemicals and Oil & Gas are the major drivers for the industry.

The European region is dominant in the shell & tube heat exchangers market. The rising demand for shell & tube heat exchangers in this region is mainly driven by its strong demand in the chemicals application. The North American region is the second largest consumer and manufacturer of shell & tube heat exchangers, globally. The market in this region is mainly driven by the growing opportunities from oil & gas industry and also from the fastest growing chemicals industry. The chemicals and petrochemicals and oil & gas applications are the top two applications contributing to the growing demand for shell & tube heat exchangers in North America. RoW is expected to be the fastest growing region between 2018 and 2023.

Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Shell & Tube Heat Exchanger market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.

Manufacturers, Type, Application and Regions Listed in the Report:
By Company
    Alfa Laval
    Kelvion
    SPX
    Standard Xchange
    API Heat Transfer
    Brask
    Hughes Anderson
    Manning and Lewis
    Mason Manufacturing
    Kennedy Tank & Manufacturing
    Enerfin
    Hrs Heat Exchangers
    Koch Heat Transfer
    Southern Heat Exchanger

Segment by Type
    Cross Flow to Tubes
    Parallel Flow to Tubes

Segment by Application
    Chemicals
    Petrochemicals and Oil & Gas
    HVAC & Refrigeration
    Food & Beverages
    Power Generation
    Pulp & Paper
    Others

Segment by Region
    North America
        U.S.
        Canada
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
    Asia-Pacific
        China
        Japan
        South Korea
        India
        Australia
        Taiwan
        Indonesia
        Thailand
        Malaysia
        Philippines
        Vietnam
    Latin America
        Mexico
        Brazil
        Argentina
    Middle East & Africa
        Turkey
        Saudi Arabia
        U.A.E

Each chapter of the report provides detailed information for readers to understand the Shell & Tube Heat Exchanger market further:
Chapter 1: Product Definition, Product Types, Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 2: Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of Shell & Tube Heat Exchanger, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the Shell & Tube Heat Exchanger industry.
Chapter 3: Historical (2018-2022) and forecast (2023-2029) volume and revenue analysis of Shell & Tube Heat Exchanger in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Chapter 4: Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 5 to 9: Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis.
Chapter 10: Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, Shell & Tube Heat Exchanger introduction, etc. Shell & Tube Heat Exchanger Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 11: Industry Chain, like raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter.
Chapter 12: Market Channel, Distributors and Customers are listed.
Chapter 13: QYResearch’s Conclusions of Shell & Tube Heat Exchanger market based on comprehensive survey.
Chapter 14: Methodology and Data Sources adopted by QYResearch.

 1 Shell & Tube Heat Exchanger Market Overview
    1.1 Shell & Tube Heat Exchanger Product Overview
    1.2 Shell & Tube Heat Exchanger Market Segment by Type
        1.2.1 Cross Flow to Tubes
        1.2.2 Parallel Flow to Tubes
    1.3 Global Shell & Tube Heat Exchanger Market Size by Type
        1.3.1 Global Shell & Tube Heat Exchanger Market Size Overview by Type (2018-2029)
        1.3.2 Global Shell & Tube Heat Exchanger Historic Market Size Review by Type (2018-2023)
        1.3.3 Global Shell & Tube Heat Exchanger Forecasted Market Size by Type (2024-2029)
    1.4 Key Regions Market Size Segment by Type
        1.4.1 North America Shell & Tube Heat Exchanger Sales Breakdown by Type (2018-2023)
        1.4.2 Europe Shell & Tube Heat Exchanger Sales Breakdown by Type (2018-2023)
        1.4.3 Asia-Pacific Shell & Tube Heat Exchanger Sales Breakdown by Type (2018-2023)
        1.4.4 Latin America Shell & Tube Heat Exchanger Sales Breakdown by Type (2018-2023)
        1.4.5 Middle East and Africa Shell & Tube Heat Exchanger Sales Breakdown by Type (2018-2023)

 2 Global Shell & Tube Heat Exchanger Market Competition by Company
    2.1 Global Top Players by Shell & Tube Heat Exchanger Sales (2018-2023)
    2.2 Global Top Players by Shell & Tube Heat Exchanger Revenue (2018-2023)
    2.3 Global Top Players by Shell & Tube Heat Exchanger Price (2018-2023)
    2.4 Global Top Manufacturers Shell & Tube Heat Exchanger Manufacturing Base Distribution, Sales Area, Product Type
    2.5 Shell & Tube Heat Exchanger Market Competitive Situation and Trends
        2.5.1 Shell & Tube Heat Exchanger Market Concentration Rate (2018-2023)
        2.5.2 Global 5 and 10 Largest Manufacturers by Shell & Tube Heat Exchanger Sales and Revenue in 2022
    2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Shell & Tube Heat Exchanger as of 2022)
    2.7 Date of Key Manufacturers Enter into Shell & Tube Heat Exchanger Market
    2.8 Key Manufacturers Shell & Tube Heat Exchanger Product Offered
    2.9 Mergers & Acquisitions, Expansion

 3 Shell & Tube Heat Exchanger Status and Outlook by Region
    3.1 Global Shell & Tube Heat Exchanger Market Size and CAGR by Region: 2018 VS 2022 VS 2029
    3.2 Global Shell & Tube Heat Exchanger Historic Market Size by Region
        3.2.1 Global Shell & Tube Heat Exchanger Sales in Volume by Region (2018-2023)
        3.2.2 Global Shell & Tube Heat Exchanger Sales in Value by Region (2018-2023)
        3.2.3 Global Shell & Tube Heat Exchanger Sales (Volume & Value) Price and Gross Margin (2018-2023)
    3.3 Global Shell & Tube Heat Exchanger Forecasted Market Size by Region
        3.3.1 Global Shell & Tube Heat Exchanger Sales in Volume by Region (2024-2029)
        3.3.2 Global Shell & Tube Heat Exchanger Sales in Value by Region (2024-2029)
        3.3.3 Global Shell & Tube Heat Exchanger Sales (Volume & Value), Price and Gross Margin (2024-2029)

 4 Global Shell & Tube Heat Exchanger by Application
    4.1 Shell & Tube Heat Exchanger Market Segment by Application
        4.1.1 Chemicals
        4.1.2 Petrochemicals and Oil & Gas
        4.1.3 HVAC & Refrigeration
        4.1.4 Food & Beverages
        4.1.5 Power Generation
        4.1.6 Pulp & Paper
        4.1.7 Others
    4.2 Global Shell & Tube Heat Exchanger Market Size by Application
        4.2.1 Global Shell & Tube Heat Exchanger Market Size Overview by Application (2018-2029)
        4.2.2 Global Shell & Tube Heat Exchanger Historic Market Size Review by Application (2018-2023)
        4.2.3 Global Shell & Tube Heat Exchanger Forecasted Market Size by Application (2024-2029)
    4.3 Key Regions Market Size Segment by Application
        4.3.1 North America Shell & Tube Heat Exchanger Sales Breakdown by Application (2018-2023)
        4.3.2 Europe Shell & Tube Heat Exchanger Sales Breakdown by Application (2018-2023)
        4.3.3 Asia-Pacific Shell & Tube Heat Exchanger Sales Breakdown by Application (2018-2023)
        4.3.4 Latin America Shell & Tube Heat Exchanger Sales Breakdown by Application (2018-2023)
        4.3.5 Middle East and Africa Shell & Tube Heat Exchanger Sales Breakdown by Application (2018-2023)

 5 North America Shell & Tube Heat Exchanger by Country
    5.1 North America Shell & Tube Heat Exchanger Historic Market Size by Country
        5.1.1 North America Shell & Tube Heat Exchanger Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
        5.1.2 North America Shell & Tube Heat Exchanger Sales in Volume by Country (2018-2023)
        5.1.3 North America Shell & Tube Heat Exchanger Sales in Value by Country (2018-2023)
    5.2 North America Shell & Tube Heat Exchanger Forecasted Market Size by Country
        5.2.1 North America Shell & Tube Heat Exchanger Sales in Volume by Country (2024-2029)
        5.2.2 North America Shell & Tube Heat Exchanger Sales in Value by Country (2024-2029)

 6 Europe Shell & Tube Heat Exchanger by Country
    6.1 Europe Shell & Tube Heat Exchanger Historic Market Size by Country
        6.1.1 Europe Shell & Tube Heat Exchanger Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
        6.1.2 Europe Shell & Tube Heat Exchanger Sales in Volume by Country (2018-2023)
        6.1.3 Europe Shell & Tube Heat Exchanger Sales in Value by Country (2018-2023)
    6.2 Europe Shell & Tube Heat Exchanger Forecasted Market Size by Country
        6.2.1 Europe Shell & Tube Heat Exchanger Sales in Volume by Country (2024-2029)
        6.2.2 Europe Shell & Tube Heat Exchanger Sales in Value by Country (2024-2029)

 7 Asia-Pacific Shell & Tube Heat Exchanger by Region
    7.1 Asia-Pacific Shell & Tube Heat Exchanger Historic Market Size by Region
        7.1.1 Asia-Pacific Shell & Tube Heat Exchanger Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
        7.1.2 Asia-Pacific Shell & Tube Heat Exchanger Sales in Volume by Region (2018-2023)
        7.1.3 Asia-Pacific Shell & Tube Heat Exchanger Sales in Value by Region (2018-2023)
    7.2 Asia-Pacific Shell & Tube Heat Exchanger Forecasted Market Size by Region
        7.2.1 Asia-Pacific Shell & Tube Heat Exchanger Sales in Volume by Region (2024-2029)
        7.2.2 Asia-Pacific Shell & Tube Heat Exchanger Sales in Value by Region (2024-2029)

 8 Latin America Shell & Tube Heat Exchanger by Country
    8.1 Latin America Shell & Tube Heat Exchanger Historic Market Size by Country
        8.1.1 Latin America Shell & Tube Heat Exchanger Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
        8.1.2 Latin America Shell & Tube Heat Exchanger Sales in Volume by Country (2018-2023)
        8.1.3 Latin America Shell & Tube Heat Exchanger Sales in Value by Country (2018-2023)
    8.2 Latin America Shell & Tube Heat Exchanger Forecasted Market Size by Country
        8.2.1 Latin America Shell & Tube Heat Exchanger Sales in Volume by Country (2024-2029)
        8.2.2 Latin America Shell & Tube Heat Exchanger Sales in Value by Country (2024-2029)

 9 Middle East and Africa Shell & Tube Heat Exchanger by Country
    9.1 Middle East and Africa Shell & Tube Heat Exchanger Historic Market Size by Country
        9.1.1 Middle East and Africa Shell & Tube Heat Exchanger Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
        9.1.2 Middle East and Africa Shell & Tube Heat Exchanger Sales in Volume by Country (2018-2023)
        9.1.3 Middle East and Africa Shell & Tube Heat Exchanger Sales in Value by Country (2018-2023)
    9.2 Middle East and Africa Shell & Tube Heat Exchanger Forecasted Market Size by Country
        9.2.1 Middle East and Africa Shell & Tube Heat Exchanger Sales in Volume by Country (2024-2029)
        9.2.2 Middle East and Africa Shell & Tube Heat Exchanger Sales in Value by Country (2024-2029)

 10 Company Profiles
    10.1 Alfa Laval
        10.1.1 Alfa Laval Company Information
        10.1.2 Alfa Laval Introduction and Business Overview
        10.1.3 Alfa Laval Shell & Tube Heat Exchanger Sales, Revenue and Gross Margin (2018-2023)
        10.1.4 Alfa Laval Shell & Tube Heat Exchanger Products Offered
        10.1.5 Alfa Laval Recent Development
    10.2 Kelvion
        10.2.1 Kelvion Company Information
        10.2.2 Kelvion Introduction and Business Overview
        10.2.3 Kelvion Shell & Tube Heat Exchanger Sales, Revenue and Gross Margin (2018-2023)
        10.2.4 Kelvion Shell & Tube Heat Exchanger Products Offered
        10.2.5 Kelvion Recent Development
    10.3 SPX
        10.3.1 SPX Company Information
        10.3.2 SPX Introduction and Business Overview
        10.3.3 SPX Shell & Tube Heat Exchanger Sales, Revenue and Gross Margin (2018-2023)
        10.3.4 SPX Shell & Tube Heat Exchanger Products Offered
        10.3.5 SPX Recent Development
    10.4 Standard Xchange
        10.4.1 Standard Xchange Company Information
        10.4.2 Standard Xchange Introduction and Business Overview
        10.4.3 Standard Xchange Shell & Tube Heat Exchanger Sales, Revenue and Gross Margin (2018-2023)
        10.4.4 Standard Xchange Shell & Tube Heat Exchanger Products Offered
        10.4.5 Standard Xchange Recent Development
    10.5 API Heat Transfer
        10.5.1 API Heat Transfer Company Information
        10.5.2 API Heat Transfer Introduction and Business Overview
        10.5.3 API Heat Transfer Shell & Tube Heat Exchanger Sales, Revenue and Gross Margin (2018-2023)
        10.5.4 API Heat Transfer Shell & Tube Heat Exchanger Products Offered
        10.5.5 API Heat Transfer Recent Development
    10.6 Brask
        10.6.1 Brask Company Information
        10.6.2 Brask Introduction and Business Overview
        10.6.3 Brask Shell & Tube Heat Exchanger Sales, Revenue and Gross Margin (2018-2023)
        10.6.4 Brask Shell & Tube Heat Exchanger Products Offered
        10.6.5 Brask Recent Development
    10.7 Hughes Anderson
        10.7.1 Hughes Anderson Company Information
        10.7.2 Hughes Anderson Introduction and Business Overview
        10.7.3 Hughes Anderson Shell & Tube Heat Exchanger Sales, Revenue and Gross Margin (2018-2023)
        10.7.4 Hughes Anderson Shell & Tube Heat Exchanger Products Offered
        10.7.5 Hughes Anderson Recent Development
    10.8 Manning and Lewis
        10.8.1 Manning and Lewis Company Information
        10.8.2 Manning and Lewis Introduction and Business Overview
        10.8.3 Manning and Lewis Shell & Tube Heat Exchanger Sales, Revenue and Gross Margin (2018-2023)
        10.8.4 Manning and Lewis Shell & Tube Heat Exchanger Products Offered
        10.8.5 Manning and Lewis Recent Development
    10.9 Mason Manufacturing
        10.9.1 Mason Manufacturing Company Information
        10.9.2 Mason Manufacturing Introduction and Business Overview
        10.9.3 Mason Manufacturing Shell & Tube Heat Exchanger Sales, Revenue and Gross Margin (2018-2023)
        10.9.4 Mason Manufacturing Shell & Tube Heat Exchanger Products Offered
        10.9.5 Mason Manufacturing Recent Development
    10.10 Kennedy Tank & Manufacturing
        10.10.1 Kennedy Tank & Manufacturing Company Information
        10.10.2 Kennedy Tank & Manufacturing Introduction and Business Overview
        10.10.3 Kennedy Tank & Manufacturing Shell & Tube Heat Exchanger Sales, Revenue and Gross Margin (2018-2023)
        10.10.4 Kennedy Tank & Manufacturing Shell & Tube Heat Exchanger Products Offered
        10.10.5 Kennedy Tank & Manufacturing Recent Development
    10.11 Enerfin
        10.11.1 Enerfin Company Information
        10.11.2 Enerfin Introduction and Business Overview
        10.11.3 Enerfin Shell & Tube Heat Exchanger Sales, Revenue and Gross Margin (2018-2023)
        10.11.4 Enerfin Shell & Tube Heat Exchanger Products Offered
        10.11.5 Enerfin Recent Development
    10.12 Hrs Heat Exchangers
        10.12.1 Hrs Heat Exchangers Company Information
        10.12.2 Hrs Heat Exchangers Introduction and Business Overview
        10.12.3 Hrs Heat Exchangers Shell & Tube Heat Exchanger Sales, Revenue and Gross Margin (2018-2023)
        10.12.4 Hrs Heat Exchangers Shell & Tube Heat Exchanger Products Offered
        10.12.5 Hrs Heat Exchangers Recent Development
    10.13 Koch Heat Transfer
        10.13.1 Koch Heat Transfer Company Information
        10.13.2 Koch Heat Transfer Introduction and Business Overview
        10.13.3 Koch Heat Transfer Shell & Tube Heat Exchanger Sales, Revenue and Gross Margin (2018-2023)
        10.13.4 Koch Heat Transfer Shell & Tube Heat Exchanger Products Offered
        10.13.5 Koch Heat Transfer Recent Development
    10.14 Southern Heat Exchanger
        10.14.1 Southern Heat Exchanger Company Information
        10.14.2 Southern Heat Exchanger Introduction and Business Overview
        10.14.3 Southern Heat Exchanger Shell & Tube Heat Exchanger Sales, Revenue and Gross Margin (2018-2023)
        10.14.4 Southern Heat Exchanger Shell & Tube Heat Exchanger Products Offered
        10.14.5 Southern Heat Exchanger Recent Development

 11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
    11.1 Shell & Tube Heat Exchanger Key Raw Materials
        11.1.1 Key Raw Materials
        11.1.2 Key Raw Materials Price
        11.1.3 Raw Materials Key Suppliers
    11.2 Manufacturing Cost Structure
        11.2.1 Raw Materials
        11.2.2 Labor Cost
        11.2.3 Manufacturing Expenses
    11.3 Shell & Tube Heat Exchanger Industrial Chain Analysis
    11.4 Shell & Tube Heat Exchanger Market Dynamics
        11.4.1 Shell & Tube Heat Exchanger Industry Trends
        11.4.2 Shell & Tube Heat Exchanger Market Drivers
        11.4.3 Shell & Tube Heat Exchanger Market Challenges
        11.4.4 Shell & Tube Heat Exchanger Market Restraints

 12 Market Strategy Analysis, Distributors
    12.1 Sales Channel
    12.2 Shell & Tube Heat Exchanger Distributors
    12.3 Shell & Tube Heat Exchanger Downstream Customers

 13 Research Findings and Conclusion

 14 Appendix
    14.1 Research Methodology
        14.1.1 Methodology/Research Approach
        14.1.2 Data Source
    14.2 Author Details
    14.3 Disclaimer

List of Tables
    Table 1. Major Company of Cross Flow to Tubes
    Table 2. Major Company of Parallel Flow to Tubes
    Table 3. Global Shell & Tube Heat Exchanger Sales by Type 2018 VS 2022 VS 2029 (US$ Million)
    Table 4. Global Shell & Tube Heat Exchanger Sales by Type (2018-2023) & (K Units)
    Table 5. Global Shell & Tube Heat Exchanger Sales Market Share in Volume by Type (2018-2023)
    Table 6. Global Shell & Tube Heat Exchanger Sales by Type (2018-2023) & (US& Million)
    Table 7. Global Shell & Tube Heat Exchanger Market Share in Value by Type (2018-2023)
    Table 8. Global Shell & Tube Heat Exchanger Price by Type (2018-2023) & (USD/Unit)
    Table 9. Global Shell & Tube Heat Exchanger Sales by Type (2024-2029) & (K Units)
    Table 10. Global Shell & Tube Heat Exchanger Sales Market Share in Volume by Type (2024-2029)
    Table 11. Global Shell & Tube Heat Exchanger Sales by Type (2024-2029) & (US$ Million)
    Table 12. Global Shell & Tube Heat Exchanger Sales Market Share in Value by Type (2024-2029)
    Table 13. Global Shell & Tube Heat Exchanger Price by Type (2024-2029) & (USD/Unit)
    Table 14. North America Shell & Tube Heat Exchanger Sales by Type (2018-2023) & (K Units)
    Table 15. North America Shell & Tube Heat Exchanger Sales by Type (2018-2023) & (US$ Million)
    Table 16. Europe Shell & Tube Heat Exchanger Sales (K Units) by Type (2018-2023)
    Table 17. Europe Shell & Tube Heat Exchanger Sales by Type (2018-2023) & (US$ Million)
    Table 18. Asia-Pacific Shell & Tube Heat Exchanger Sales (K Units) by Type (2018-2023)
    Table 19. Asia-Pacific Shell & Tube Heat Exchanger Sales by Type (2018-2023) & (US$ Million)
    Table 20. Latin America Shell & Tube Heat Exchanger Sales (K Units) by Type (2018-2023)
    Table 21. Latin America Shell & Tube Heat Exchanger Sales by Type (2018-2023) & (US$ Million)
    Table 22. Middle East and Africa Shell & Tube Heat Exchanger Sales (K Units) by Type (2018-2023)
    Table 23. Middle East and Africa Shell & Tube Heat Exchanger Sales by Type (2018-2023) & (US$ Million)
    Table 24. Global Shell & Tube Heat Exchanger Sales by Company (2018-2023) & (K Units)
    Table 25. Global Shell & Tube Heat Exchanger Sales Share by Company (2018-2023)
    Table 26. Global Shell & Tube Heat Exchanger Revenue by Company (2018-2023) & (US$ Million)
    Table 27. Global Shell & Tube Heat Exchanger Revenue Share by Company (2018-2023)
    Table 28. Global Market Shell & Tube Heat Exchanger Price by Company (2018-2023) & (USD/Unit)
    Table 29. Global Shell & Tube Heat Exchanger Top Manufacturers Manufacturing Base Distribution and Sales Area
    Table 30. Global Shell & Tube Heat Exchanger Manufacturers Market Concentration Ratio (CR5 and HHI)
    Table 31. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Shell & Tube Heat Exchanger as of 2022)
    Table 32. Date of Key Manufacturers Enter into Shell & Tube Heat Exchanger Market
    Table 33. Key Manufacturers Shell & Tube Heat Exchanger Product Type
    Table 34. Mergers & Acquisitions, Expansion Plans
    Table 35. Global Shell & Tube Heat Exchanger Market Size Comparison by Region (US$ Million): 2018 VS 2022 VS 2029
    Table 36. Global Shell & Tube Heat Exchanger Sales by Region (2018-2023) & (K Units)
    Table 37. Global Shell & Tube Heat Exchanger Sales Market Share in Volume by Region (2018-2023)
    Table 38. Global Shell & Tube Heat Exchanger Sales by Region (2018-2023) & (US$ Million)
    Table 39. Global Shell & Tube Heat Exchanger Sales Market Share in Value by Region (2018-2023)
    Table 40. Global Shell & Tube Heat Exchanger Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 41. Global Shell & Tube Heat Exchanger Sales by Region (2024-2029) & (K Units)
    Table 42. Global Shell & Tube Heat Exchanger Sales Market Share in Volume by Region (2024-2029)
    Table 43. Global Shell & Tube Heat Exchanger Sales by Region (2024-2029) & (US$ Million)
    Table 44. Global Shell & Tube Heat Exchanger Sales Market Share in Value by Region (2024-2029)
    Table 45. Global Shell & Tube Heat Exchanger Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2024-2029)
    Table 46. Global Shell & Tube Heat Exchanger Sales by Application: 2018 VS 2022 VS 2029 (US$ Million)
    Table 47. Global Shell & Tube Heat Exchanger Sales by Application (2018-2023) & (K Units)
    Table 48. Global Shell & Tube Heat Exchanger Sales Market Share in Volume by Application (2018-2023)
    Table 49. Global Shell & Tube Heat Exchanger Sales by Application (2018-2023) & (US$ Million)
    Table 50. Global Shell & Tube Heat Exchanger Sales Market Share in Value by Application (2018-2023)
    Table 51. Global Shell & Tube Heat Exchanger Price by Application (2018-2023) & (USD/Unit)
    Table 52. Global Shell & Tube Heat Exchanger Sales by Application (2024-2029) & (K Units)
    Table 53. Global Shell & Tube Heat Exchanger Sales Market Share in Volume by Application (2024-2029)
    Table 54. Global Shell & Tube Heat Exchanger Sales by Application (2024-2029) & (US$ Million)
    Table 55. Global Shell & Tube Heat Exchanger Sales Market Share in Value by Application (2024-2029)
    Table 56. Global Shell & Tube Heat Exchanger Price by Application (2024-2029) & (USD/Unit)
    Table 57. North America Shell & Tube Heat Exchanger Sales by Application (2018-2023) (K Units) 
    Table 58. North America Shell & Tube Heat Exchanger Sales by Application (2018-2023) & (US$ Million)
    Table 59. Europe Shell & Tube Heat Exchanger Sales by Application (2018-2023) (K Units) 
    Table 60. Europe Shell & Tube Heat Exchanger Sales by Application (2018-2023) & (US$ Million)
    Table 61. Asia-Pacific Shell & Tube Heat Exchanger Sales by Application (2018-2023) (K Units) 
    Table 62. Asia-Pacific Shell & Tube Heat Exchanger Sales by Application (2018-2023) & (US$ Million)
    Table 63. Latin America Shell & Tube Heat Exchanger Sales by Application (2018-2023) (K Units) 
    Table 64. Latin America Shell & Tube Heat Exchanger Sales by Application (2018-2023) & (US$ Million)
    Table 65. Middle East and Africa Shell & Tube Heat Exchanger Sales by Application (2018-2023) (K Units) 
    Table 66. Middle East and Africa Shell & Tube Heat Exchanger Sales by Application (2018-2023) & (US$ Million)
    Table 67. North America Shell & Tube Heat Exchanger Sales by Country (2018-2023) & (K Units)
    Table 68. North America Shell & Tube Heat Exchanger Sales Market Share in Volume by Country (2018-2023)
    Table 69. North America Shell & Tube Heat Exchanger Sales by Country (2018-2023) & (US$ Million)
    Table 70. North America Shell & Tube Heat Exchanger Sales Market Share in Value by Country (2018-2023)
    Table 71. North America Shell & Tube Heat Exchanger Sales by Country (2024-2029) & (K Units)
    Table 72. North America Shell & Tube Heat Exchanger Sales Market Share in Volume by Country (2024-2029)
    Table 73. North America Shell & Tube Heat Exchanger Sales by Country (2024-2029) & (US$ Million)
    Table 74. North America Shell & Tube Heat Exchanger Sales Market Share in Value by Country (2024-2029)
    Table 75. Europe Shell & Tube Heat Exchanger Sales by Country (2018-2023) & (K Units)
    Table 76. Europe Shell & Tube Heat Exchanger Sales Market Share in Volume by Country (2018-2023)
    Table 77. Europe Shell & Tube Heat Exchanger Sales by Country (2018-2023) & (US$ Million)
    Table 78. Europe Shell & Tube Heat Exchanger Sales Market Share in Value by Country (2018-2023)
    Table 79. Europe Shell & Tube Heat Exchanger Sales by Country (2024-2029) & (K Units)
    Table 80. Europe Shell & Tube Heat Exchanger Sales Market Share in Volume by Country (2024-2029)
    Table 81. Europe Shell & Tube Heat Exchanger Sales by Country (2024-2029) & (US$ Million)
    Table 82. Europe Shell & Tube Heat Exchanger Sales Market Share in Value by Country (2024-2029)
    Table 83. Asia-Pacific Shell & Tube Heat Exchanger Sales by Region (2018-2023) & (K Units)
    Table 84. Asia-Pacific Shell & Tube Heat Exchanger Sales Market Share in Volume by Region (2018-2023)
    Table 85. Asia-Pacific Shell & Tube Heat Exchanger Sales by Region (2018-2023) & (US$ Million)
    Table 86. Asia-Pacific Shell & Tube Heat Exchanger Sales Market Share in Value by Region (2018-2023)
    Table 87. Asia-Pacific Shell & Tube Heat Exchanger Sales by Region (2024-2029) & (K Units)
    Table 88. Asia-Pacific Shell & Tube Heat Exchanger Sales Market Share in Volume by Region (2024-2029)
    Table 89. Asia-Pacific Shell & Tube Heat Exchanger Sales by Region (2024-2029) & (US$ Million)
    Table 90. Asia-Pacific Shell & Tube Heat Exchanger Sales Market Share in Value by Region (2024-2029)
    Table 91. Latin America Shell & Tube Heat Exchanger Sales by Country (2018-2023) & (K Units)
    Table 92. Latin America Shell & Tube Heat Exchanger Sales Market Share in Volume by Country (2018-2023)
    Table 93. Latin America Shell & Tube Heat Exchanger Sales by Country (2018-2023) & (US$ Million)
    Table 94. Latin America Shell & Tube Heat Exchanger Sales Market Share in Value by Country (2018-2023)
    Table 95. Latin America Shell & Tube Heat Exchanger Sales by Country (2024-2029) & (K Units)
    Table 96. Latin America Shell & Tube Heat Exchanger Sales Market Share in Volume by Country (2024-2029)
    Table 97. Latin America Shell & Tube Heat Exchanger Sales by Country (2024-2029) & (US$ Million)
    Table 98. Latin America Shell & Tube Heat Exchanger Sales Market Share in Value by Country (2024-2029)
    Table 99. Middle East and Africa Shell & Tube Heat Exchanger Sales by Country (2018-2023) & (K Units)
    Table 100. Middle East and Africa Shell & Tube Heat Exchanger Sales Market Share in Volume by Country (2018-2023)
    Table 101. Middle East and Africa Shell & Tube Heat Exchanger Sales by Country (2018-2023) & (US$ Million)
    Table 102. Middle East and Africa Shell & Tube Heat Exchanger Sales Market Share in Value by Country (2018-2023)
    Table 103. Middle East and Africa Shell & Tube Heat Exchanger Sales by Country (2024-2029) & (K Units)
    Table 104. Middle East and Africa Shell & Tube Heat Exchanger Sales Market Share in Volume by Country (2024-2029)
    Table 105. Middle East and Africa Shell & Tube Heat Exchanger Sales by Country (2024-2029) & (US$ Million)
    Table 106. Middle East and Africa Shell & Tube Heat Exchanger Sales Market Share in Value by Country (2024-2029)
    Table 107. Alfa Laval Company Information
    Table 108. Alfa Laval Introduction and Business Overview
    Table 109. Alfa Laval Shell & Tube Heat Exchanger Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 110. Alfa Laval Shell & Tube Heat Exchanger Product
    Table 111. Alfa Laval Recent Development
    Table 112. Kelvion Company Information
    Table 113. Kelvion Introduction and Business Overview
    Table 114. Kelvion Shell & Tube Heat Exchanger Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 115. Kelvion Shell & Tube Heat Exchanger Product
    Table 116. Kelvion Recent Development
    Table 117. SPX Company Information
    Table 118. SPX Introduction and Business Overview
    Table 119. SPX Shell & Tube Heat Exchanger Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 120. SPX Shell & Tube Heat Exchanger Product
    Table 121. SPX Recent Development
    Table 122. Standard Xchange Company Information
    Table 123. Standard Xchange Introduction and Business Overview
    Table 124. Standard Xchange Shell & Tube Heat Exchanger Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 125. Standard Xchange Shell & Tube Heat Exchanger Product
    Table 126. Standard Xchange Recent Development
    Table 127. API Heat Transfer Company Information
    Table 128. API Heat Transfer Introduction and Business Overview
    Table 129. API Heat Transfer Shell & Tube Heat Exchanger Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 130. API Heat Transfer Shell & Tube Heat Exchanger Product
    Table 131. API Heat Transfer Recent Development
    Table 132. Brask Company Information
    Table 133. Brask Introduction and Business Overview
    Table 134. Brask Shell & Tube Heat Exchanger Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 135. Brask Shell & Tube Heat Exchanger Product
    Table 136. Brask Recent Development
    Table 137. Hughes Anderson Company Information
    Table 138. Hughes Anderson Introduction and Business Overview
    Table 139. Hughes Anderson Shell & Tube Heat Exchanger Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 140. Hughes Anderson Shell & Tube Heat Exchanger Product
    Table 141. Hughes Anderson Recent Development
    Table 142. Manning and Lewis Company Information
    Table 143. Manning and Lewis Introduction and Business Overview
    Table 144. Manning and Lewis Shell & Tube Heat Exchanger Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 145. Manning and Lewis Shell & Tube Heat Exchanger Product
    Table 146. Manning and Lewis Recent Development
    Table 147. Mason Manufacturing Company Information
    Table 148. Mason Manufacturing Introduction and Business Overview
    Table 149. Mason Manufacturing Shell & Tube Heat Exchanger Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 150. Mason Manufacturing Shell & Tube Heat Exchanger Product
    Table 151. Mason Manufacturing Recent Development
    Table 152. Kennedy Tank & Manufacturing Company Information
    Table 153. Kennedy Tank & Manufacturing Introduction and Business Overview
    Table 154. Kennedy Tank & Manufacturing Shell & Tube Heat Exchanger Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 155. Kennedy Tank & Manufacturing Shell & Tube Heat Exchanger Product
    Table 156. Kennedy Tank & Manufacturing Recent Development
    Table 157. Enerfin Company Information
    Table 158. Enerfin Introduction and Business Overview
    Table 159. Enerfin Shell & Tube Heat Exchanger Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 160. Enerfin Shell & Tube Heat Exchanger Product
    Table 161. Enerfin Recent Development
    Table 162. Hrs Heat Exchangers Company Information
    Table 163. Hrs Heat Exchangers Introduction and Business Overview
    Table 164. Hrs Heat Exchangers Shell & Tube Heat Exchanger Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 165. Hrs Heat Exchangers Shell & Tube Heat Exchanger Product
    Table 166. Hrs Heat Exchangers Recent Development
    Table 167. Koch Heat Transfer Company Information
    Table 168. Koch Heat Transfer Introduction and Business Overview
    Table 169. Koch Heat Transfer Shell & Tube Heat Exchanger Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 170. Koch Heat Transfer Shell & Tube Heat Exchanger Product
    Table 171. Koch Heat Transfer Recent Development
    Table 172. Southern Heat Exchanger Company Information
    Table 173. Southern Heat Exchanger Introduction and Business Overview
    Table 174. Southern Heat Exchanger Shell & Tube Heat Exchanger Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 175. Southern Heat Exchanger Shell & Tube Heat Exchanger Product
    Table 176. Southern Heat Exchanger Recent Development
    Table 177. Key Raw Materials Lists
    Table 178. Raw Materials Key Suppliers Lists
    Table 179. Shell & Tube Heat Exchanger Market Trends
    Table 180. Shell & Tube Heat Exchanger Market Drivers
    Table 181. Shell & Tube Heat Exchanger Market Challenges
    Table 182. Shell & Tube Heat Exchanger Market Restraints
    Table 183. Shell & Tube Heat Exchanger Distributors List
    Table 184. Shell & Tube Heat Exchanger Downstream Customers
    Table 185. Research Programs/Design for This Report
    Table 186. Key Data Information from Secondary Sources
    Table 187. Key Data Information from Primary Sources
List of Figures
    Figure 1. Shell & Tube Heat Exchanger Product Picture
    Figure 2. Global Shell & Tube Heat Exchanger Market Size, 2018 VS 2022 VS 2029 (US$ Million)
    Figure 3. Global Shell & Tube Heat Exchanger Market Size Status and Outlook (2018-2029) & (US$ Million)
    Figure 4. Global Shell & Tube Heat Exchanger Sales Status and Outlook (2018-2029) & (K Units)
    Figure 5. Product Picture of Cross Flow to Tubes
    Figure 6. Global Cross Flow to Tubes Sales YoY Growth (2018-2029) & (K Units)
    Figure 7. Product Picture of Parallel Flow to Tubes
    Figure 8. Global Parallel Flow to Tubes Sales YoY Growth (2018-2029) & (K Units)
    Figure 9. Global Shell & Tube Heat Exchanger Sales by Type (2018-2029) & (US$ Million)
    Figure 10. Global Shell & Tube Heat Exchanger Sales Market Share by Type in 2022 & 2029
    Figure 11. North America Shell & Tube Heat Exchanger Sales Market Share in Volume by Type in 2022
    Figure 12. North America Shell & Tube Heat Exchanger Sales Market Share in Value by Type in 2022
    Figure 13. Europe Shell & Tube Heat Exchanger Sales Market Share in Volume by Type in 2022
    Figure 14. Europe Shell & Tube Heat Exchanger Sales Market Share in Value by Type in 2022
    Figure 15. Asia-Pacific Shell & Tube Heat Exchanger Sales Market Share in Volume by Type in 2022
    Figure 16. Asia-Pacific Shell & Tube Heat Exchanger Sales Market Share in Value by Type in 2022
    Figure 17. Latin America Shell & Tube Heat Exchanger Sales Market Share in Volume by Type in 2022
    Figure 18. Latin America Shell & Tube Heat Exchanger Sales Market Share in Value by Type in 2022
    Figure 19. Middle East and Africa Shell & Tube Heat Exchanger Sales Market Share in Volume by Type in 2022
    Figure 20. Middle East and Africa Shell & Tube Heat Exchanger Sales Market Share in Value by Type in 2022
    Figure 21. The 5 and 10 Largest Manufacturers in the World: Market Share by Shell & Tube Heat Exchanger Sales in 2022
    Figure 22. The 5 and 10 Largest Manufacturers in the World: Market Share by Shell & Tube Heat Exchanger Revenue in 2022
    Figure 23. Shell & Tube Heat Exchanger Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2018 VS 2022
    Figure 24. Product Picture of Chemicals
    Figure 25. Global Chemicals Sales YoY Growth (2018-2029) & (K Units)
    Figure 26. Product Picture of Petrochemicals and Oil & Gas
    Figure 27. Global Petrochemicals and Oil & Gas Sales YoY Growth (2018-2029) & (K Units)
    Figure 28. Product Picture of HVAC & Refrigeration
    Figure 29. Global HVAC & Refrigeration Sales YoY Growth (2018-2029) & (K Units)
    Figure 30. Product Picture of Food & Beverages
    Figure 31. Global Food & Beverages Sales YoY Growth (2018-2029) & (K Units)
    Figure 32. Product Picture of Power Generation
    Figure 33. Global Power Generation Sales YoY Growth (2018-2029) & (K Units)
    Figure 34. Product Picture of Pulp & Paper
    Figure 35. Global Pulp & Paper Sales YoY Growth (2018-2029) & (K Units)
    Figure 36. Product Picture of Others
    Figure 37. Global Others Sales YoY Growth (2018-2029) & (K Units)
    Figure 38. Global Shell & Tube Heat Exchanger Sales by Application (2018-2029) & (US$ Million)
    Figure 39. Global Shell & Tube Heat Exchanger Sales Market Share by Application in 2022 & 2029
    Figure 40. North America Shell & Tube Heat Exchanger Sales Market Share in Volume by Application in 2022
    Figure 41. North America Shell & Tube Heat Exchanger Sales Market Share in Value by Application in 2022
    Figure 42. Europe Shell & Tube Heat Exchanger Sales Market Share in Volume by Application in 2022
    Figure 43. Europe Shell & Tube Heat Exchanger Sales Market Share in Value by Application in 2022
    Figure 44. Asia-Pacific Shell & Tube Heat Exchanger Sales Market Share in Volume by Application in 2022
    Figure 45. Asia-Pacific Shell & Tube Heat Exchanger Sales Market Share in Value by Application in 2022
    Figure 46. Latin America Shell & Tube Heat Exchanger Sales Market Share in Volume by Application in 2022
    Figure 47. Latin America Shell & Tube Heat Exchanger Sales Market Share in Value by Application in 2022
    Figure 48. Middle East and Africa Shell & Tube Heat Exchanger Sales Market Share in Value by Application in 2022
    Figure 49. Key Raw Materials Price
    Figure 50. Shell & Tube Heat Exchanger Manufacturing Cost Structure
    Figure 51. Shell & Tube Heat Exchanger Industrial Chain Analysis
    Figure 52. Channels of Distribution
    Figure 53. Distributors Profiles
    Figure 54. Bottom-up and Top-down Approaches for This Report
    Figure 55. Data Triangulation
    Figure 56. Key Executives Interviewed

A shell and tube heat exchanger is a class of heat exchanger designs.[1][2] It is the most common type of heat exchanger in oil refineries and other large chemical processes, and is suited for higher-pressure applications. As its name implies, this type of heat exchanger consists of a shell (a large pressure vessel) with a bundle of tubes inside it. One fluid runs through the tubes, and another fluid flows over the tubes (through the shell) to transfer heat between the two fluids. The set of tubes is called a tube bundle, and may be composed of several types of tubes: plain, longitudinally finned, etc.

Shell & Tube Heat Exchanger report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Shell & Tube Heat Exchanger market is projected to reach US$ 7138.8 million in 2029, increasing from US$ 5699.6 million in 2022, with the CAGR of 2.8% during the period of 2023 to 2029. Demand from Chemicals and Petrochemicals and Oil & Gas are the major drivers for the industry.

The European region is dominant in the shell & tube heat exchangers market. The rising demand for shell & tube heat exchangers in this region is mainly driven by its strong demand in the chemicals application. The North American region is the second largest consumer and manufacturer of shell & tube heat exchangers, globally. The market in this region is mainly driven by the growing opportunities from oil & gas industry and also from the fastest growing chemicals industry. The chemicals and petrochemicals and oil & gas applications are the top two applications contributing to the growing demand for shell & tube heat exchangers in North America. RoW is expected to be the fastest growing region between 2018 and 2023.

Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Shell & Tube Heat Exchanger market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.

Manufacturers, Type, Application and Regions Listed in the Report:
By Company
    Alfa Laval
    Kelvion
    SPX
    Standard Xchange
    API Heat Transfer
    Brask
    Hughes Anderson
    Manning and Lewis
    Mason Manufacturing
    Kennedy Tank & Manufacturing
    Enerfin
    Hrs Heat Exchangers
    Koch Heat Transfer
    Southern Heat Exchanger

Segment by Type
    Cross Flow to Tubes
    Parallel Flow to Tubes

Segment by Application
    Chemicals
    Petrochemicals and Oil & Gas
    HVAC & Refrigeration
    Food & Beverages
    Power Generation
    Pulp & Paper
    Others

Segment by Region
    North America
        U.S.
        Canada
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
    Asia-Pacific
        China
        Japan
        South Korea
        India
        Australia
        Taiwan
        Indonesia
        Thailand
        Malaysia
        Philippines
        Vietnam
    Latin America
        Mexico
        Brazil
        Argentina
    Middle East & Africa
        Turkey
        Saudi Arabia
        U.A.E

Each chapter of the report provides detailed information for readers to understand the Shell & Tube Heat Exchanger market further:
Chapter 1: Product Definition, Product Types, Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 2: Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of Shell & Tube Heat Exchanger, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the Shell & Tube Heat Exchanger industry.
Chapter 3: Historical (2018-2022) and forecast (2023-2029) volume and revenue analysis of Shell & Tube Heat Exchanger in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Chapter 4: Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 5 to 9: Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis.
Chapter 10: Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, Shell & Tube Heat Exchanger introduction, etc. Shell & Tube Heat Exchanger Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 11: Industry Chain, like raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter.
Chapter 12: Market Channel, Distributors and Customers are listed.
Chapter 13: QYResearch’s Conclusions of Shell & Tube Heat Exchanger market based on comprehensive survey.
Chapter 14: Methodology and Data Sources adopted by QYResearch.