South America Water Cooling Tower Market Analysis and Opportunities by 2028

Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028

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)

Report Date : Oct 2021
Report Code : TIPRE00025169

Category : Manufacturing and Construction
Status : Published

Available Report Formats :
No. of Pages : 89

Page Updated: Oct 2021

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

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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This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

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.

South America Water Cooling Tower Report Scope

Report Attribute	Details
Market size in 2021	US$ 86.91 Million
Market Size by 2028	US$ 99.22 Million
Global CAGR (2021 - 2028)	1.9%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Type Crossflow Counterflow Forced Draft Induced Draft By Application Industrial Power Plant HVAC
Regions and Countries Covered	South and Central America Brazil Argentina Rest of South and Central America
Market leaders and key company profiles	Babcock & Wilcox Enterprises, Inc. Baltimore Aircoil Company EVAPCO, Inc. Hamon MESAN Group SPX Cooling Technologies, Inc.

Research Manager

Nivedita Upadhyay

Manager,
Market Research & Consulting

Nivedita is an accomplished research professional with over 9 years of experience in Market Research and Business Consulting. Currently serving as a Project Manager in the ICT domain at The Insight Partners, she brings deep expertise in managing and executing Syndicated, Custom, Subscription-based, and Consulting research assignments across diverse technology sectors.

With a proven track record of delivering data-driven analysis and actionable insights, Nivedita has been a key contributor to several critical projects. Her work involves end-to-end project execution—right from understanding client objectives, analyzing market trends, to deriving strategic recommendations. She has collaborated extensively with leading ICT companies, helping them identify market opportunities and navigate industry shifts.

Nivedita holds an MBA in Management from IMS, Dehradun. Prior to joining The Insight Partners, she gained valuable experience at MarketsandMarkets and Future Market Insights in Pune, where she held various research roles and built a strong foundation in industry analysis and client engagement.

What are the South America Water Cooling Tower Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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