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Heat Exchangers Market – Forecast, 2020-2027

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Date11/24/2020 2:19:02 PM
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The significant factors contributing to the growth of the global heat exchangers market include the growing industrialization across developing economies and the increasing deployment of power plants to meet the rising demand for energy worldwide. Moreover, rapid technological advancements for the development of heat exchangers such as rapid 3D prototyping, phase-change cooling technology, and several research & development activities are further propelling the demand of the market during the forecast period. Furthermore, the strong demand from the technology innovation, chemical industry, and increasing focus on improving efficiency standards is expected to boost the market in the upcoming years.
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