The Future of Industrial Refrigeration - Evaporative Condensers

Evaporative condenser
The Future of Industrial Refrigeration - Evaporative Condensers
The future of industrial refrigeration is on the rise. 

Global Industrial Refrigeration Market: Drivers and Restraints:
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 in the global market for each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

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A thorough evaluation of the restraints 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 experts opinions have been taken to understand the market better.

Market split by Type can be divided into:
  • Ammonia
  • Carbon Dioxide
  • Others
Market split by Application, can be divided into:
  • Food Processing
  • Chemical and Pharmaceuticals
  • Oil and Gas
  • Transportation and Logistics
  • Others
Major Key Players of the Market:
  • Johnson Controls
  • Emerson Electric
  • Ingersoll-Rand
  • GEA Group
  • Bitzer Kuhlmaschinenbau
  • United Technologies Corporation
  • Mayekawa (Mycom)
  • Evapco
  • Baltimore Aircoil Company
Market segment by Region/Country including:
  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Spain etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
  • South America (Brazil, Argentina and Colombia etc.)
  • Middle East and Africa (South Africa, UAE and Saudi Arabia etc.)

Evaporative Condensers

One of Genemco's top-selling equipment categories is Evaporative Condensers. The evaporative condensers market is projected to grow from USD 3.3 billion in 2020 to USD X.X billion by 2030, at a CAGR of 8.5% during the forecast period (2021-2030). The growth of this market can be attributed to factors such as increasing cooling demand and high energy efficiency ratio among others. Evaporative Condensers are devices that change the vapor in a substance to liquid through condensation. The process starts by heating up the evaporator, which converts enough water molecules into steam until they escape as gas or boil away completely. This releases latent heat from the system and begins cooling it down while also reducing its pressure to help force more water out of the solution as vapor (evaporation). The resulting mist is then directed across an exterior coil-tube surface where low pressure causes some of it to condense onto this cold area; these drops will drip off over time allowing air currents to carry them back inside for reuse. In order for the whole machine's cycle not to be interrupted, iced coils prevent any buildup of water vapor while the air is being pushed across them.
Evaporative condensers are predominantly used for refrigeration. Evaporators in standard air conditioning units work by cooling the inside air with a fan, while an evaporator uses water to cool and remove moisture at the same time. The humidified cooled gas is then sent to the compressor where it will be heated and compressed back into a liquid form as its energy in preparation of being released out through coils or tubes that have been soaked in cold fluid from another device called an accumulator. This makes it easier for the hot gas to change states and absorb more heat before leaving behind all of its latent heat when released outside toward your home's living space again. On the basis of region, the market is segmented into North America, Asia Pacific, and the Rest of the World. Europe segment is the leading region in the market accounting for a share of more than 37% followed by North America with nearly 35%.

Growth factors of the Evaporative Condensers Market

According to Dataintelo, the key factors which are expected to have a positive impact on the growth of the evaporative condensers market includes increasing demand for energy-efficient systems and increasing adoption of water-based cooling solutions. However, some of the major restraints limiting the growth prospects for this market are high manufacturing costs and a lack of regulatory guidelines in many countries. Developing economies such as the Asia Pacific is anticipated to be attractive destination for investment owing to an increased need for affordable systems. Moreover, an increase in research & development activities by industry players can lead to innovations that would drive future growth prospects from evaporative condenser markets across different regions including North America, Latin America Europe, and Middle East Africa (MEA).
Genemco houses the largest inventory of used ammonia industrial refrigeration equipment in the world. This includes a large variety, of brands, sizes, and models of evaporative condensers. Genemco sells these quality used evaporative condensers for up to 60% off the price of new and ships globally.


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