The global Recirculating Chillers market was valued at US$ 625.2 million in 2019 and it is expected to reach US$ 815.7 million by the end of 2026, growing at a CAGR of 6.0% during 2021-2026.
Recirculating chillers are closed-loop chillers that are used to cool the equipment and machines. Recirculating chillers provide a constant and reliable source of liquid coolant for cooling in laboratory, clinical, or industrial applications.
Geographically, the global Recirculating Chillers market has been segmented into North America, Europe, China, Japan, India, Southeast Asia and Row. The North America held the largest share in the global market, its revenue of global market exceeds 39.8% in 2019.
The leading manufactures mainly are Thermo Fisher Scientific, Boyd, SMC, Glen Dimplex Thermal Solutions, Huber, LAUDA, SP Industries, PolyScience, Julabo, VWR, Cole-Parmer, Buchi, Great Wall, Bluepard, Teyu Electromechanical, Filtrine, Auwii, etc. Thermo Fisher Scientific is the largest manufacturer, which occupied 11.70% of the market share in term of revenue in 2019.
There are mainly two type product of Recirculating Chillers market Low Temperature -40 °C-20 °C and temperature<-40 °C. In 2019, Low Temperature -40 °C-20 °C accounted for a share of 80.66% in the global Recirculating Chillers market.
Laboratory is the mainly application of Recirculating Chillers, it took nearly 37% in 2019. The market share of Medical will increase rapidly in the future.
Global Recirculating Chillers Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Recirculating Chillers Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Thermo Fisher Scientific, Boyd, SMC, Glen Dimplex Thermal Solutions, Huber, Lauda, SP Industries, PolyScience, Julabo, VWR, Cole-Parmer, Buchi, Great Wall, Bluepard, Teyu Electromechanical, Filtrine, Auwi and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Low Temperature -40 °C-20 °C
- Low Temperature < -40 °C
Segment by Application
Table of Content:
1 Recirculating Chillers Market Overview
2 Market Competition by Manufacturers
3 Production and Capacity by Region
4 Global Recirculating Chillers Consumption by Region
5 Production, Revenue, Price Trend by Type
6 Consumption Analysis by Application
7 Key Companies Profiled
8 Recirculating Chillers Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Production and Supply Forecast
12 Consumption and Demand Forecast
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta