The Europe Cooling Towers Market would witness market growth of 4.0% CAGR during the forecast period (2021-2027).
A key driver for the growth of the cooling tower market is the rise in demand for the energy-efficient cooling system in commercial as well as industrial applications. Moreover, cooling towers are ideal equipment for cooling large commercial spaces as well as process cooling applications in several industries and industry verticals like chemicals, oil & gas, and food processing. Additionally, there has been a wide-scale installation of cooling towers in thermoelectric power plants to eliminate the extra heat. Ever-growing consumption of electricity results in the construction of new power plants, which would boost the growth and demand for cooling towers in the market.
As the regional players continue to put a large investment in bringing advancement in the cooling tower, the regional market is expected to witness a high demand & growth of cooling towers. Urbanization is playing a crucial role in the increased adoption and demand for the cooling tower in the regional market. In addition, governments of this region are crafting supportive regulations that could help the market of the cooling tower to grow further.
Additionally, the growth of the regional market would be fuelled by the increasing development of HVAC systems in commercial construction. Moreover, the huge investments in industrial development would boost the growth of the cooling tower in the regional market. Further, increased demand for energy-efficient systems in the food & beverages industry would accelerate the growth of the regional cooling tower market during the forecast period.
The Germany market dominated the Europe Cooling Towers Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $317.9 million by 2027. The UK market is anticipated to grow at a CAGR of 3.2% during (2021 - 2027). Additionally, The France market would register a CAGR of 4.8% during (2021 - 2027).
Based on Material, the market is segmented into Fiber Reinforced Plastic (FRP), High-Density Polyethylene (HDPE), Steel, Concrete and Others. Based on Type, the market is segmented into Open-circuit, Closed-circuit and Hybrid. Based on Application, the market is segmented into HVAC, Power Generation, Oil & Gas, Industrial and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Cooling Towers Market Size will Hit $4,585.4 million by 2027, at a CAGR of 4.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Baltimore Aircoil Company Inc., ENEXIO Water Technologies GmbH, Hamon & CIE International SA, B&W Spig S.P.A., SPX Corporation, Paharpur Cooling Tower Limited, Brentwood Industries, Inc., Johnson Controls Inc., Engie Refrigeration GmbH, and EVAPCO, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Material
- Fiber Reinforced Plastic (FRP)
- High-Density Polyethylene (HDPE)
- Steel
- Concrete
- Others
By Type
- Open-circuit
- Closed-circuit
- Hybrid
By Application
- HVAC
- Power Generation
- Oil & Gas
- Industrial
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Baltimore Aircoil Company Inc.
- ENEXIO Water Technologies GmbH
- Hamon & CIE International SA
- B&W Spig S.P.A.
- SPX Corporation
- Paharpur Cooling Tower Limited
- Brentwood Industries, Inc.
- Johnson Controls Inc.
- Engie Refrigeration GmbH
- EVAPCO, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Cooling Towers Market, by Material
1.4.2 Europe Cooling Towers Market, by Type
1.4.3 Europe Cooling Towers Market, by Application
1.4.4 Europe Cooling Towers Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Recent Industry Wide Strategic Developments - Global
3.1 Partnerships, Collaborations and Agreements
3.1.1 Product Launches and Product Expansions
3.1.2 Acquisition and Mergers
3.1.3 Geographical Expansion
3.2 Top Winning Strategies
3.2.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.2.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Jun – 2021, Jun) Leading Players
Chapter 4. Europe Cooling Towers Market by Material
4.1 Europe Fiber Reinforced Plastic (FRP) Cooling Towers Market by Country
4.2 Europe High-Density Polyethylene (HDPE) Cooling Towers Market by Country
4.3 Europe Steel Cooling Towers Market by Country
4.4 Europe Concrete Cooling Towers Market by Country
4.5 Europe Concrete Cooling Towers Market by Country
4.6 Europe Other Material Cooling Towers Market by Country
Chapter 5. Europe Cooling Towers Market by Type
5.1 Europe Cooling Towers Open-circuit Market by Country
5.2 Europe Cooling Towers Closed-circuit Market by Country
5.3 Europe Cooling Towers Hybrid Market by Country
Chapter 6. Europe Cooling Towers Market by Application
6.1 Europe HVAC Cooling Towers Market by Country
6.2 Europe Power Generation Cooling Towers Market by Country
6.3 Europe Oil & Gas Cooling Towers Market by Country
6.4 Europe Industrial Cooling Towers Market by Country
6.5 Europe Others Cooling Towers Market by Country
Chapter 7. Europe Cooling Towers Market by Country
7.1 Germany Cooling Towers Market
7.1.1 Germany Cooling Towers Market by Material
7.1.2 Germany Cooling Towers Market by Type
7.1.3 Germany Cooling Towers Market by Application
7.2 UK Cooling Towers Market
7.2.1 UK Cooling Towers Market by Material
7.2.2 UK Cooling Towers Market by Type
7.2.3 UK Cooling Towers Market by Application
7.3 France Cooling Towers Market
7.3.1 France Cooling Towers Market by Material
7.3.2 France Cooling Towers Market by Type
7.3.3 France Cooling Towers Market by Application
7.4 Russia Cooling Towers Market
7.4.1 Russia Cooling Towers Market by Material
7.4.2 Russia Cooling Towers Market by Type
7.4.3 Russia Cooling Towers Market by Application
7.5 Spain Cooling Towers Market
7.5.1 Spain Cooling Towers Market by Material
7.5.2 Spain Cooling Towers Market by Type
7.5.3 Spain Cooling Towers Market by Application
7.6 Italy Cooling Towers Market
7.6.1 Italy Cooling Towers Market by Material
7.6.2 Italy Cooling Towers Market by Type
7.6.3 Italy Cooling Towers Market by Application
7.7 Rest of Europe Cooling Towers Market
7.7.1 Rest of Europe Cooling Towers Market by Material
7.7.2 Rest of Europe Cooling Towers Market by Type
7.7.3 Rest of Europe Cooling Towers Market by Application
Chapter 8. Company Profiles
8.1 Baltimore Aircoil Company Inc. (Amsted Industries)
8.1.1 Company Overview
8.1.2 Recent strategies and developments:
8.1.2.1 Product Launches and Product Expansions:
8.1.2.2 Acquisition and Mergers:
8.2 ENEXIO Management GmbH (Triton-Partners)
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Partnerships, Collaborations, and Agreements:
8.2.2.2 Acquisition and Mergers:
8.3 Hamon & CIE International SA
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Acquisition and Mergers:
8.4 B&W Spig S.P.A.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Geographical Expansions:
8.5 SPX Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.6 Paharpur Cooling Towers Ltd.
8.6.1 Company Overview
8.7 Brentwood Industries, Inc.
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Product Launches and Product Expansions:
8.7.2.2 Geographical Expansions:
8.8 Johnson Controls
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent strategies and developments:
8.8.5.1 Product Launches and Product Expansions:
8.9 Engie Refrigeration (ENGIE Deutschland)(ENGIE Group)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental Analysis
8.9.4 Research & Development Expenses
8.10. EVAPCO, Inc.
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Acquisition and Mergers:
8.10.2.2 Geographical Expansions:
TABLE 1 Europe Cooling Towers Market, 2017 - 2020, USD Million
TABLE 2 Europe Cooling Towers Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Cooling Tower Market
TABLE 4 Product Launches And Product Expansions– Cooling Tower Market
TABLE 5 Acquisition and Mergers– Cooling Tower Market
TABLE 6 geographical Expansion– Cooling Tower Market
TABLE 7 Europe Cooling Towers Market by Material, 2017 - 2020, USD Million
TABLE 8 Europe Cooling Towers Market by Material, 2021 - 2027, USD Million
TABLE 9 Europe Fiber Reinforced Plastic (FRP) Cooling Towers Market by Country, 2017 - 2020, USD Million
TABLE 10 Europe Fiber Reinforced Plastic (FRP) Cooling Towers Market by Country, 2021 - 2027, USD Million
TABLE 11 Europe High-Density Polyethylene (HDPE) Cooling Towers Market by Country, 2017 - 2020, USD Million
TABLE 12 Europe High-Density Polyethylene (HDPE) Cooling Towers Market by Country, 2021 - 2027, USD Million
TABLE 13 Europe Steel Cooling Towers Market by Country, 2017 - 2020, USD Million
TABLE 14 Europe Steel Cooling Towers Market by Country, 2021 - 2027, USD Million
TABLE 15 Europe Concrete Cooling Towers Market by Country, 2017 - 2020, USD Million
TABLE 16 Europe Concrete Cooling Towers Market by Country, 2021 - 2027, USD Million
TABLE 17 Europe Other Material Cooling Towers Market by Country, 2017 - 2020, USD Million
TABLE 18 Europe Other Material Cooling Towers Market by Country, 2021 - 2027, USD Million
TABLE 19 Europe Cooling Towers Market by Type, 2017 - 2020, USD Million
TABLE 20 Europe Cooling Towers Market by Type, 2021 - 2027, USD Million
TABLE 21 Europe Cooling Towers Open-circuit Market by Country, 2017 - 2020, USD Million
TABLE 22 Europe Cooling Towers Open-circuit Market by Country, 2021 - 2027, USD Million
TABLE 23 Europe Cooling Towers Closed-circuit Market by Country, 2017 - 2020, USD Million
TABLE 24 Europe Cooling Towers Closed-circuit Market by Country, 2021 - 2027, USD Million
TABLE 25 Europe Cooling Towers Hybrid Market by Country, 2017 - 2020, USD Million
TABLE 26 Europe Cooling Towers Hybrid Market by Country, 2021 - 2027, USD Million
TABLE 27 Europe Cooling Towers Market by Application, 2017 - 2020, USD Million
TABLE 28 Europe Cooling Towers Market by Application, 2021 - 2027, USD Million
TABLE 29 Europe HVAC Cooling Towers Market by Country, 2017 - 2020, USD Million
TABLE 30 Europe HVAC Cooling Towers Market by Country, 2021 - 2027, USD Million
TABLE 31 Europe Power Generation Cooling Towers Market by Country, 2017 - 2020, USD Million
TABLE 32 Europe Power Generation Cooling Towers Market by Country, 2021 - 2027, USD Million
TABLE 33 Europe Oil & Gas Cooling Towers Market by Country, 2017 - 2020, USD Million
TABLE 34 Europe Oil & Gas Cooling Towers Market by Country, 2021 - 2027, USD Million
TABLE 35 Europe Industrial Cooling Towers Market by Country, 2017 - 2020, USD Million
TABLE 36 Europe Industrial Cooling Towers Market by Country, 2021 - 2027, USD Million
TABLE 37 Europe Others Cooling Towers Market by Country, 2017 - 2020, USD Million
TABLE 38 Europe Others Cooling Towers Market by Country, 2021 - 2027, USD Million
TABLE 39 Europe Cooling Towers Market by Country, 2017 - 2020, USD Million
TABLE 40 Europe Cooling Towers Market by Country, 2021 - 2027, USD Million
TABLE 41 Germany Cooling Towers Market, 2017 - 2020, USD Million
TABLE 42 Germany Cooling Towers Market, 2021 - 2027, USD Million
TABLE 43 Germany Cooling Towers Market by Material, 2017 - 2020, USD Million
TABLE 44 Germany Cooling Towers Market by Material, 2021 - 2027, USD Million
TABLE 45 Germany Cooling Towers Market by Type, 2017 - 2020, USD Million
TABLE 46 Germany Cooling Towers Market by Type, 2021 - 2027, USD Million
TABLE 47 Germany Cooling Towers Market by Application, 2017 - 2020, USD Million
TABLE 48 Germany Cooling Towers Market by Application, 2021 - 2027, USD Million
TABLE 49 UK Cooling Towers Market, 2017 - 2020, USD Million
TABLE 50 UK Cooling Towers Market, 2021 - 2027, USD Million
TABLE 51 UK Cooling Towers Market by Material, 2017 - 2020, USD Million
TABLE 52 UK Cooling Towers Market by Material, 2021 - 2027, USD Million
TABLE 53 UK Cooling Towers Market by Type, 2017 - 2020, USD Million
TABLE 54 UK Cooling Towers Market by Type, 2021 - 2027, USD Million
TABLE 55 UK Cooling Towers Market by Application, 2017 - 2020, USD Million
TABLE 56 UK Cooling Towers Market by Application, 2021 - 2027, USD Million
TABLE 57 France Cooling Towers Market, 2017 - 2020, USD Million
TABLE 58 France Cooling Towers Market, 2021 - 2027, USD Million
TABLE 59 France Cooling Towers Market by Material, 2017 - 2020, USD Million
TABLE 60 France Cooling Towers Market by Material, 2021 - 2027, USD Million
TABLE 61 France Cooling Towers Market by Type, 2017 - 2020, USD Million
TABLE 62 France Cooling Towers Market by Type, 2021 - 2027, USD Million
TABLE 63 France Cooling Towers Market by Application, 2017 - 2020, USD Million
TABLE 64 France Cooling Towers Market by Application, 2021 - 2027, USD Million
TABLE 65 Russia Cooling Towers Market, 2017 - 2020, USD Million
TABLE 66 Russia Cooling Towers Market, 2021 - 2027, USD Million
TABLE 67 Russia Cooling Towers Market by Material, 2017 - 2020, USD Million
TABLE 68 Russia Cooling Towers Market by Material, 2021 - 2027, USD Million
TABLE 69 Russia Cooling Towers Market by Type, 2017 - 2020, USD Million
TABLE 70 Russia Cooling Towers Market by Type, 2021 - 2027, USD Million
TABLE 71 Russia Cooling Towers Market by Application, 2017 - 2020, USD Million
TABLE 72 Russia Cooling Towers Market by Application, 2021 - 2027, USD Million
TABLE 73 Spain Cooling Towers Market, 2017 - 2020, USD Million
TABLE 74 Spain Cooling Towers Market, 2021 - 2027, USD Million
TABLE 75 Spain Cooling Towers Market by Material, 2017 - 2020, USD Million
TABLE 76 Spain Cooling Towers Market by Material, 2021 - 2027, USD Million
TABLE 77 Spain Cooling Towers Market by Type, 2017 - 2020, USD Million
TABLE 78 Spain Cooling Towers Market by Type, 2021 - 2027, USD Million
TABLE 79 Spain Cooling Towers Market by Application, 2017 - 2020, USD Million
TABLE 80 Spain Cooling Towers Market by Application, 2021 - 2027, USD Million
TABLE 81 Italy Cooling Towers Market, 2017 - 2020, USD Million
TABLE 82 Italy Cooling Towers Market, 2021 - 2027, USD Million
TABLE 83 Italy Cooling Towers Market by Material, 2017 - 2020, USD Million
TABLE 84 Italy Cooling Towers Market by Material, 2021 - 2027, USD Million
TABLE 85 Italy Cooling Towers Market by Type, 2017 - 2020, USD Million
TABLE 86 Italy Cooling Towers Market by Type, 2021 - 2027, USD Million
TABLE 87 Italy Cooling Towers Market by Application, 2017 - 2020, USD Million
TABLE 88 Italy Cooling Towers Market by Application, 2021 - 2027, USD Million
TABLE 89 Rest of Europe Cooling Towers Market, 2017 - 2020, USD Million
TABLE 90 Rest of Europe Cooling Towers Market, 2021 - 2027, USD Million
TABLE 91 Rest of Europe Cooling Towers Market by Material, 2017 - 2020, USD Million
TABLE 92 Rest of Europe Cooling Towers Market by Material, 2021 - 2027, USD Million
TABLE 93 Rest of Europe Cooling Towers Market by Type, 2017 - 2020, USD Million
TABLE 94 Rest of Europe Cooling Towers Market by Type, 2021 - 2027, USD Million
TABLE 95 Rest of Europe Cooling Towers Market by Application, 2017 - 2020, USD Million
TABLE 96 Rest of Europe Cooling Towers Market by Application, 2021 - 2027, USD Million
TABLE 97 Key Information – Baltimore Aircoil Company Inc.
TABLE 98 Key Information – ENEXIO Management GmbH
TABLE 99 Key Information – Hamon & CIE International SA
TABLE 100 Key Information – B&W Spig S.P.A.
TABLE 101 Key Information – SPX Corporation
TABLE 102 Key Information – Paharpur Cooling Towers Ltd.
TABLE 103 Key Information – Brentwood Industries, Inc.
TABLE 104 Key Information – Johnson Controls
TABLE 105 Key Information – ENGIE Refrigeration gmbh
TABLE 106 Key Information – EVAPCO, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 3 Key Strategic Move: (partnerships, collaborations, and agreements : 2017, Jun – 2021, Jun) Leading Players
FIG 4 Recent strategies and developments: Baltimore Aircoil Company Inc.
FIG 5 Recent strategies and developments: Hamon & CIE (International) SA
FIG 6 Recent strategies and developments: B&W Spig S.P.A.