증발식 냉각탑 시장 기회, 성장 촉진요인, 산업 동향 분석 및 예측(2024-2032년)

The Global Evaporative Cooling Tower Market, valued at USD 1.7 billion in 2023, is expected to expand at a CAGR of 4.6% from 2024 to 2032, driven primarily by rapid industrialization in emerging economies. As temperature regulation becomes essential in industries such as power generation, oil and gas, and chemical processing, these towers are increasingly chosen for their superior cooling efficiency and cost-effectiveness compared to traditional air-cooled systems. The demand for energy-efficient cooling solutions is also rising as companies seek to reduce operational costs and comply with stringent environmental regulations. Environmental awareness and strict green building codes have spurred interest in cooling towers that conserve water and use eco-friendly materials.

New designs now incorporate advanced water-saving systems and sustainable materials, which reduce water consumption and improve overall efficiency. Technological innovations, including hybrid cooling towers and smart systems, enhance performance and lower maintenance needs by enabling real-time monitoring and optimizing operational efficiency. The mechanical design segment of evaporative cooling towers is expected to surpass USD 1.1 billion by 2032. Mechanical cooling towers, equipped with fans for enhanced cooling efficiency, are widely adopted in sectors that demand intensive cooling, such as power plants, data centers, and chemical processing facilities. Furthermore, commercial and industrial buildings are incorporating these towers in HVAC systems to maintain indoor air quality and temperature stability, with high adoption rates seen across retail, healthcare, and hospitality sectors due to their energy-saving benefits.

Within applications, the power generation segment is poised to grow at a CAGR of over 3.7% through 2032, driven by the rising global electricity demand, particularly in rapidly industrializing regions. Cooling towers are essential in thermal and nuclear power plants, where they effectively dissipate large amounts of heat generated during power production. These systems are increasingly preferred for their energy efficiency and alignment with eco-friendly goals, helping power plants reduce energy consumption and align with emission reduction initiatives. The U.S. evaporative cooling tower market is projected to exceed USD 246.2 million by 2032, supported by the expanding industrial sector, particularly manufacturing and data centers.Evaporative cooling towers play a crucial role in power generation, oil and gas, and other heavy industries, providing reliable cooling solutions that ensure operational stability and regulatory compliance. As U.S. industries prioritize energy-efficient systems to minimize environmental impact and lower expenses, adopting these advanced cooling technologies continues to grow across sectors.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Market definition
• 1.2 Base estimates & calculations
• 1.3 Forecast calculation
• 1.4 Data sources
  • 1.4.1 Primary
  • 1.4.2 Secondary
    • 1.4.2.1 Paid
    • 1.4.2.2 Public

Chapter 2 Executive Summary

• 2.1 Industry 360° synopsis, 2021 - 2032

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
  • 3.1.1 Vendor matrix
• 3.2 Regulatory landscape
• 3.3 Industry impact forces
  • 3.3.1 Growth drivers
  • 3.3.2 Industry pitfalls & challenges
• 3.4 Growth potential analysis
• 3.5 Porter's analysis
  • 3.5.1 Bargaining power of suppliers
  • 3.5.2 Bargaining power of buyers
  • 3.5.3 Threat of new entrants
  • 3.5.4 Threat of substitutes
• 3.6 PESTEL analysis

Chapter 4 Competitive landscape, 2023

• 4.1 Strategic dashboard
• 4.2 Innovation & sustainability landscape

Chapter 5 Market Size and Forecast, By Design, 2021 - 2032 (USD Million)

• 5.1 Key trends
• 5.2 Mechanical
• 5.3 Natural

Chapter 6 Market Size and Forecast, By Build, 2021 - 2032 (USD Million)

• 6.1 Key trends
• 6.2 Field erection
• 6.3 Package

Chapter 7 Market Size and Forecast, By Construction Material, 2021 - 2032 (USD Million)

• 7.1 Key trends
• 7.2 Concrete
• 7.3 Steel
• 7.4 FRP
• 7.5 Wood
• 7.6 Others

Chapter 8 Market Size and Forecast, By Flow, 2021 - 2032 (USD Million)

• 8.1 Key trends
• 8.2 Cross flow
• 8.3 Counter flow

Chapter 9 Market Size and Forecast, By Application, 2021 - 2032 (USD Million)

• 9.1 Key trends
• 9.2 Chemicals & fertilizers
• 9.3 Oil & gas
• 9.4 Power generation
• 9.5 HVACR
• 9.6 Others

Chapter 10 Market Size and Forecast, By Region, 2021 - 2032 (USD Million)

• 10.1 Key trends
• 10.2 North America
  • 10.2.1 U.S.
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 France
  • 10.3.3 Russia
  • 10.3.4 UK
  • 10.3.5 Italy
  • 10.3.6 Spain
  • 10.3.7 Netherlands
• 10.4 Asia Pacific
  • 10.4.1 China
  • 10.4.2 Japan
  • 10.4.3 South Korea
  • 10.4.4 India
  • 10.4.5 Australia
• 10.5 Middle East & Africa
  • 10.5.1 Saudi Arabia
  • 10.5.2 UAE
  • 10.5.3 South Africa
• 10.6 Latin America
  • 10.6.1 Brazil
  • 10.6.2 Argentina

Chapter 11 Company Profiles

• 11.1 Baltimore Aircoil Company
• 11.2 Berg Chilling Systems
• 11.3 Brentwood Industries
• 11.4 Delta Cooling Towers
• 11.5 Enexio Management
• 11.6 Engie Refrigeration
• 11.7 Evapco
• 11.8 Hamon
• 11.9 International Cooling Tower
• 11.10 Johnson Controls
• 11.11 Paharpur Cooling Tower
• 11.12 Spig
• 11.13 SPX Cooling Technologies
• 11.14 Thermax