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Chillers market growing in Asia Pacific by cooling application to reach $11.33 billion by 2022 according to new research report

Industrial Market Research

Chillers market provides details on global chillers market trends and forecast, which is projected to reach $11.33 billion at a CAGR of 4.4% by 2022. Chillers are used in various process cooling applications in various industries. Asia Pacific is projected to be the fastest-growing market for chillers in terms of value during the forecast period.

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Report at…mple?rname=598861

The key companies profiled in this market research report are DAIKIN INDUSTRIES, Ltd. (Japan), Carrier Corporation (US), Trane (Ireland), Johnson Controls-Hitachi air Conditioning (Japan), Smardt Chillers Group Inc.

(Canada), GEA Group (Germany), Thermax Limited (India), Dunham Bush (US), Broad Group (China), Midea Group Co. Ltd. (China), JIANGSU SHUANGLIANG ECO-ENERGY CO.LTD.

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(China), PolyScience (US), Climaveneta S.p.A. (Italy), Airedale Air Conditioning (UK), Bluebox (Italy), SKM Air Conditioning (UAE), Thermionics Corporation (US), Thermal Care, Inc.

(US), and Kaltra Innovativtechnik GmbH (Germany).

The chillers market is spread across a wide range of end-use industries such as chemical & petrochemical, plastic, rubber, food & beverage, and medical & pharmaceutical. Therefore, the market is expectedt o grow due to the growth in other related industries in the coming years.

A slow growth rate in mature markets such as North America and Europe is the major restraint for the chillers market.

Browse complete report on “Chillers Market” spread across 128 pages, 10 profiling companies and supported with 69 tables and 40 figures, now available at…rket-report.html

In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted with key industry personnel. The break-up profile of primary discussion participants is given here Tier 1(71%); Tier 2 (23%) and Tier 3(6%) companies were contacted for interviews.

The interviews were conducted with various key people such as C-Level (48%) and Director Level (31%) and other (21%) from various key organizations. The primary interviews were conducted worldwide covering regions such as North America (18%), Europe (38%), Asia Pacific (17%), Middle East & Africa (20%) and Latin America (7%).

Chillers Market by Type (Screw, Scroll, Centrifugal, Absorption, and Reciprocating), by End-Use Industry (Plastics, Chemicals & Petrochemicals, Medical & Pharmaceutical, Rubber, Food & Beverage, and Others), and by Region - Global Forecast to 2021 at

 The report offers market estimations and projections till 2021 and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.

On a related note, another research titled with Refrigerant Market projected to reach $18.05 billion by 2022…arket-report.html

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