Bare Tube Evaporators Market - Global Industry Dynamics 2018-19, Trends and Forecast, 2020–2027

A bare tube evaporator is a type of evaporator in which the entire surface of the coil is in contact with the refrigerant inside. Bare tube evaporator is also known as prime surface evaporator, because of the primary surface of the coil. The bare tube evaporators are usually used for liquid chilling and the market is growing at a rapid pace during the forecast timeline.

Driving Factors:

  • The global bare tube evaporators market is projected to expand at a rapid pace in the next few years. Key factors driving the global bare tube evaporators market include rise in research & development activities, implementation of strict rules & regulations on manufacturing, and rapid urbanization

  • Moreover, rapid growth in foods & beverages, pharmaceuticals industries is expected to fuel the demand for bare tube evaporators during the forecast period. Growth in e-commerce has created opportunities for producers and suppliers of bare tube evaporators to sell their products through online portals

  • Producers and suppliers of bare tube evaporators are focusing on selling their products on various e-commerce websites in order to cater to a wide range of consumers across the globe. Promotion of bare tube evaporators through various online channels is anticipated to create attractive opportunities in the bare tube evaporators market in the next few years

Market Segmentation:

  • The global bare tube evaporators market can be segmented in terms of material type, application, distribution channel, and region. Based on material type, the global bare tube evaporators market can be bifurcated into steel and copper. In terms of application, the market can be categorized into food & beverages, pulp & paper, chemicals, pharmaceuticals, and others. The food & beverages industry is expected to dominate the market during the forecast period

  • On the basis of distribution channel, the market will be categorized into online and offline. The offline segment can be divided into dealerships and specialty stores. The online segment can be categorized sub-segmented into e-commerce websites and company websites

  • In terms of region, the global bare tube evaporators market can be split into North America, South America, Asia Pacific, Middle East and Africa, and Europe. Furthermore, the regions are divided into prevailing countries such as U.S., Canada, Germany, France, Italy, U.K., GCC Countries, China, India, Japan, and Brazil

  • The market in North America is projected to expand at a considerable pace in the near future due to the rise in sale of household refrigerators and air conditioners in countries such as the U.S. and Canada

  • The market in Europe is anticipated to expand during the forecast period due to stringent regulations and norms imposed by the governments in countries such as Germany, France, the U.K., and, Italy

  • The bare tube evaporators market in Asia Pacific is projected to expand at a significant pace in the near future due to growth in home appliances and consumer electronics industries in countries such as India, China, and Japan

Competitive Landscape:

  • Prominent players operating in the global bare tube evaporators market include LEEL COILS EUROPE s.r.o., UK Exchangers Ltd., Lordan, Tranter, Colmac Coil Manufacturing, Inc., Thermal Transfer Technology Ltd (3T), Arizona Thermal Products, LLC, and Denso Corporation

  • These players are projected to face strong competition during the forecast period due to the presence of a large number of local players in the market. Major brands are focusing on product innovation and research & development activities

  • Companies are involved in mergers & acquisitions with local brands to expand their product portfolio. Producers in developing countries are focusing on reducing their production costs and boosting profitability to sustainable growth of their businesses

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