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The tower internals market is forecasted to grow by USD 1.13 billion during 2023-2028, accelerating at a CAGR of 12.1% during the forecast period. The report on the tower internals market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing capacity of crude oil refineries, growing demand for solvent distillation in chemical and pharmaceutical manufacturing, and advancements in tower internals designs and process configuration.
The tower internals market is segmented as below:
By Product
- Liquid distributor
- Liquid collector
- Support and locating grids
- Others
By Application
- Fine chemical
- Petrochemical
- Petroleum
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the tower internals market covers the following areas:
- Tower internals market sizing
- Tower internals market forecast
- Tower internals market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global tower internals market: Aluwind AS, AMACS Process Tower Internals, Beijing Zehua Chemical Engineering Co. Ltd., Finepac Structures Pvt. Ltd., GTI Holdings Pte. Ltd., HAT International Ltd., Koch Industries Inc., Kuber Precision Technology, Lantec Products Inc., Mass Transfer Ltd., Matsui Machine Ltd., MTPI Products Pvt. Ltd., Munters Group AB, RASCHIG GmbH, RVT Process Equipment GmbH, Sepco Process Inc., Sulzer Ltd., Sumitomo Heavy Industries Ltd., Tsukishima Kankyo Engineering Ltd., and Woven Metal Products Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is merger and acquisition as primary growth strategy."
According to the report, one of the major drivers for this market is the growing capacity of crude oil refineries.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aluwind AS
- AMACS Process Tower Internals
- Beijing Zehua Chemical Engineering Co. Ltd.
- Finepac Structures Pvt. Ltd.
- GTI Holdings Pte. Ltd.
- HAT International Ltd.
- Koch Industries Inc.
- Kuber Precision Technology
- Lantec Products Inc.
- Mass Transfer Ltd.
- Matsui Machine Ltd.
- MTPI Products Pvt. Ltd.
- Munters Group AB
- RASCHIG GmbH
- RVT Process Equipment GmbH
- Sepco Process Inc.
- Sulzer Ltd.
- Sumitomo Heavy Industries Ltd.
- Tsukishima Kankyo Engineering Ltd.
- Woven Metal Products Inc.
