Positive Outlook of End-Use Industries Foreseen to Propagate the Demand for Process Chillers, Finds Fact. MR
Verfasser: ashwani_kailiya on Thursday, 3 October 2019Global sales of process chillers reached over ~320,000 units in 2018, as disclosed by the new research study by Fact.MR. According to the analysis report, the process chillers market is foreseen to grow by ~4.5% YoY in 2019, primarily influenced by the demand in process cooling in plastics and food & beverages industry in the global landscape.
According to the study report, growing emphasis on better price to performance ratio even for the higher capacity applications in various end-use sectors is expected to contribute to the pace-up of the process chillers market by the end of 2029. Growth in plastics and food & beverages industry along with product innovations from the manufacturers’ side, is foreseen to boost the demand for process chillers in 2019 and beyond.
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Growing Demand for Process Cooling in Various End-use Industries to Create Noteworthy Opportunities