The global Thermal Expansion Tank market was valued at US$ 903.5 million in 2020 and it is expected to reach US$ 1253.3 million by the end of 2027, growing at a CAGR of 4.0% during 2021-2027.
Thermal Expansion Tank is a functional product that can automatically stabilize the pressure. Its function is to absorb the volume of the expansion tank when the temperature of the working medium increases, and to prevent the system pressure from rising too fast, and to release the airbag when the temperature of the working medium decreases and the volume shrinks. The liquid is added to the system to prevent the system pressure from falling too sharply and reduce the number of times of water replenishment.
Thermal expansion tank manufacturers include Amtrol, Winkelmann (Reflex & Nema) and Flamco b.v. etc. The top 3 companies hold a share about 6%. Europe is the largest market, with a share about 40%, followed by North America and China with the share about 30% and 13%.
Global Thermal Expansion Tank 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 Thermal Expansion Tank 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 Amtrol, Winkelmann (Reflex & Nema), Flamco b.v., Swan Group (Flexcon Industries & GWS), IMI Pneumatex, Zilmet (Gitral), Yuanhua, CIMM, TankPro, Elbi S.p.A., Varem, Aquasystem, Dezhi, Wessels Company, Aquasky, Ibaiondo, EDS Global, John Wood Co and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-thermal-expansion-tank-market-outlook
Segment by Type
- Small Size Thermal Expansion Tank
- Medium Size Thermal Expansion Tank
- Large Size Thermal Expansion Tank
Segment by Application
Table of Content:
1 Thermal Expansion Tank Market Overview
2 Market Competition by Manufacturers
3 Production and Capacity by Region
4 Global Thermal Expansion Tank Consumption by Region
5 Production, Revenue, Price Trend by Type
6 Consumption Analysis by Application
7 Key Companies Profiled
8 Thermal Expansion Tank 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