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South America Water Cooling Tower Market

2021

South America Water Cooling Tower Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Crossflow, Counterflow, Forced Draft, Induced Draft, and Others) and Application (Industrial, Power Plant, and HVAC)

Publication Month: Oct 2021 | Report Code: TIPRE00025169 | No. of Pages: 89 | Category: Manufacturing and Construction | Status: Published

Market Insights

South America Water Cooling Tower Market to Grow at a CAGR of 1.9% to reach US$ 99.22 million from 2021 to 2028

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The SAM water cooling tower market is expected to grow from US$ 86.91 million in 2021 to US$ 99.22 million by 2028; it is estimated to grow at a CAGR of 1.9% from 2021 to 2028.


Brazil and Argentina are major economies in SAM. Increasing popularity of hybrid cooling towers is expected to fuel the SAM water cooling tower market. In recent times, plume abatement cooling tower, also called the hybrid cooling tower, is gaining major traction. The growing popularity of the tower can be attributed to its enhanced cooling efficiency and reduced unwanted water vapor plumes, which prevent the environment from bad air quality and visual pollutions. Also, the hybrid cooling tower is finding an increased application in various industries due to its extremely low visibility of plumes. For instance, in July 2020, HAMON-B. GRIMM completed the installation of a plume abatement cooling tower consisting of 6 cells at airports across the region. The cooling tower is located very close to the airport runways, and due to its extremely low visible plumes in environment, the airport operations are functioning smoothly. Similarly, in July 2020, Hamon successfully installed another plume abated cooling tower across the region. Thus, the hybrid cooling tower is trending and becoming popular due to its improved operational efficiency and low plume abatement capability, thereby driving the SAM water cooling tower market.

In case of COVID-19, SAM is highly affected specially Brazil, followed by Ecuador, Peru, Chile, and Argentina. Governments have been imposing travel restrictions, lockdowns, and trade bans to contain the spread of novel coronavirus. The region is witnessing operational halt in various sectors including manufacturing, energy & power, and industrial based companies and these sectors are one of the major end users of the water cooling towers. Thus, the COVID-19 pandemic is severely affecting the water cooling tower market growth in the region. However, recent relaxations in lockdown and the arrangement of large-scale vaccination drives would help the economies to bounce back, which would allow industries to regain their operations in the next few quarters in upcoming years. Amid the COVID-19 pandemic, the demand for the power from commercial and residential sector has increased significantly, owing to the rising trend of work from home culture among corporates across the region. This development has stabilized the demand for water cooling towers to some extent. However, the limited production activities and disrupted supply chain has hampered the market growth. Lowered production ration and declined sale of industrial products in first half of 2020 has negatively impacted the market growth. However, the demand for water cooling towers is expected to increase at considerable rate with the resumption of economic activities in many countries. Thus, the SAM water cooling tower market is projected to recover in upcoming years as many industries are dependent on it.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SAM water cooling tower market. The SAM water cooling tower market is expected to grow at a good CAGR during the forecast period.

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SAM Water Cooling Tower Market Segmentation

SAM Water Cooling Tower Market – By Type

  • Crossflow
  • Counterflow
  • Forced Draft
  • Induced Draft
  • Others

SAM Water Cooling Tower Market – By Application

  • Industrial
  • Power Plant
  • HVAC

SAM Water Cooling Tower Market, by Country

  • Brazil
  • Argentina
  • Rest of SAM

SAM Water Cooling Tower Market -Companies Mentioned

  • Babcock & Wilcox Enterprises, Inc.
  • Baltimore Aircoil Company
  • EVAPCO, Inc.
  • Hamon
  • MESAN Group
  • SPX Cooling Technologies, Inc.

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. SAM Water Cooling Tower Market Landscape

4.1 Market Overview

4.2 SAM PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. SAM Water Cooling Tower Market – Key Industry Dynamics

5.1 Market Drivers

5.1.1 Rise in Construction Activities

5.1.2 Stringent Government Policies

5.2 Market Restraints

5.2.1 High Maintenance Cost

5.3 Market Opportunities

5.3.1 Rising Number of Power Plants

5.4 Future Trends

5.4.1 Increasing Popularity of Hybrid Cooling Towers

5.5 Impact Analysis of Drivers and Restraints

6. Water Cooling Tower Market – SAM Analysis

6.1 SAM Water Cooling Tower Market Overview

6.2 SAM Water Cooling Tower Market – Revenue and Forecast to 2028 (US$ Million)

7. SAM Water Cooling Tower Market Analysis – By Type

7.1 Overview

7.2 SAM Water Cooling Tower Market Breakdown, By Type, 2020 and 2028

7.3 Crossflow

7.3.1 Overview

7.3.2 Crossflow: Water Cooling Tower Market Revenue and Forecast to 2028 (US$ million)

7.4 Counterflow

7.4.1 Overview

7.4.2 Counterflow: Water Cooling Tower Market Revenue and Forecast to 2028 (US$ million)

7.5 Forced Draft

7.5.1 Overview

7.5.2 Forced Draft: Water Cooling Tower Market Revenue and Forecast to 2028 (US$ million)

7.6 Induced Draft

7.6.1 Overview

7.6.2 Induced Draft: Water Cooling Tower Market Revenue and Forecast to 2028 (US$ million)

7.7 Others

7.7.1 Overview

7.7.2 Others: Water Cooling Tower Market Revenue and Forecast to 2028 (US$ million)

8. SAM Water Cooling Tower Market Analysis – By Application

8.1 Overview

8.2 SAM Water Cooling Tower Market, by Application (2020 and 2028)

8.3 Industrial

8.3.1 Overview

8.3.2 Industrial: Water Cooling Tower Market– Revenue and Forecast to 2028 (US$ million)

8.4 Power Plant

8.4.1 Overview

8.4.2 Power Plant: Water Cooling Tower Market– Revenue and Forecast to 2028 (US$ million)

8.5 HVAC

8.5.1 Overview

8.5.2 HVAC: Water Cooling Tower Market– Revenue and Forecast to 2028 (US$ million)

9. SAM Water Cooling Tower Market – Country Analysis

9.1 Overview

9.1.1 SAM Water Cooling Tower Market Breakdown, by Country

9.1.1.1 Brazil Water Cooling Tower Market, Revenue and Forecast to 2028

9.1.1.1.1 Brazil Water Cooling Tower Market Breakdown, By Type

9.1.1.1.2 Brazil Water Cooling Tower Market Breakdown, By Application

9.1.1.2 Argentina Water Cooling Tower Market, Revenue and Forecast to 2028

9.1.1.2.1 Argentina Water Cooling Tower Market Breakdown, By Type

9.1.1.2.2 Argentina Water Cooling Tower Market Breakdown, By Application

9.1.1.3 Rest of SAM Water Cooling Tower Market, Revenue and Forecast to 2028

9.1.1.3.1 Rest of SAM Water Cooling Tower Market Breakdown, By Type

9.1.1.3.2 Rest of SAM Water Cooling Tower Market Breakdown, By Application

10. Impact of COVID-19 Pandemic on SAM Water Cooling Tower Market

10.1 SAM Impact Assessment of COVID-19 Pandemic

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 New Product Development

12. Company Profiles

12.1 Babcock & Wilcox Enterprises, Inc.

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Baltimore Aircoil Company

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 EVAPCO, Inc.

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Hamon

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 MESAN Group

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 SPX Cooling Technologies, Inc.

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES

Table 1. SAM Water Cooling Tower Market – Revenue and Forecast to 2028 (US$ Million)

Table 2. SAM Water Cooling Tower Market, Revenue and Forecast To 2028 – By Country (US$ million)

Table 3. Brazil Water Cooling Tower Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 4. Brazil Water Cooling Tower Market, Revenue and Forecast to 2028 – by Application (US$ million)

Table 5. Argentina Water Cooling Tower Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 6. Argentina Water Cooling Tower Market, Revenue and Forecast to 2028 – by Application (US$ million)

Table 7. Rest of SAM Water Cooling Tower Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 8. Rest of SAM Water Cooling Tower Market, Revenue and Forecast to 2028 – by Application (US$ million)

Table 9. List of Abbreviation

LIST OF FIGURES

Figure 1. SAM Water Cooling Tower Market Segmentation

Figure 2. SAM Water Cooling Tower Market Segmentation – By Country

Figure 3. SAM Water Cooling Tower Market Overview

Figure 4. Crossflow Segment Held Largest Market Share in 2020

Figure 5. Industrial Segment held Largest Market Share in 2020

Figure 6. Brazil held Largest Market Share in 2020

Figure 7. SAM – PEST Analysis

Figure 8. SAM Water Cooling Tower Market: Ecosystem Analysis

Figure 9. Expert Opinion

Figure 10. SAM Water Cooling Tower Market: Impact Analysis of Drivers and Restraints

Figure 11. SAM Water Cooling Tower Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12. SAM Water Cooling Tower Market Revenue Share, by Type (2020 and 2028)

Figure 13. SAM Crossflow: Water Cooling Tower Market Revenue and Forecast to 2028 (US$ million)

Figure 14. SAM Counterflow: Water Cooling Tower Market Revenue and Forecast to 2028(US$ million)

Figure 15. SAM Forced Draft: Water Cooling Tower Market Revenue and Forecast to 2028(US$ million)

Figure 16. SAM Induced Draft: Water Cooling Tower Market Revenue and Forecast to 2028(US$ million)

Figure 17. SAM Others: Water Cooling Tower Market Revenue and Forecast to 2028(US$ million)

Figure 18. SAM Water Cooling Tower Market Revenue Share, by Application (2020 and 2028)

Figure 19. SAM Industrial: Water Cooling Tower – Revenue and Forecast to 2028 (US$ million)

Figure 20. SAM Power Plant: Water Cooling Tower Market– Revenue and Forecast to 2028 (US$ million)

Figure 21. SAM HVAC: Water Cooling Tower Market– Revenue and Forecast to 2028 (US$ million)

Figure 22. SAM: Water Cooling Tower Market, by Key Country – Revenue (2020) (USD Million)

Figure 23. SAM Water Cooling Tower Market Breakdown, by Country, 2020 & 2028 (%)

Figure 24. Brazil Water Cooling Tower Market, Revenue and Forecast to 2028 (US$ million)

Figure 25. Argentina Water Cooling Tower Market, Revenue and Forecast to 2028 (US$ million)

Figure 26. Rest of SAM Water Cooling Tower Market, Revenue and Forecast to 2028 (US$ million)

Figure 27. Impact of COVID-19 Pandemic in SAM Country Markets

  1. Babcock & Wilcox Enterprises, Inc.
  2. Baltimore Aircoil Company
  3. EVAPCO, Inc.
  4. Hamon
  5. MESAN Group
  6. SPX Cooling Technologies, Inc. 
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the SAM water cooling tower market.          
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the SAM water cooling tower market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the water cooling tower market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution  
TIPRE00025169
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