According to a recent Fact.MR analysis, the temperature control unit market is expected to develop at a strong rate in 2019, with sales expected to exceed 510000 units. In 2019, the temperature control unit market is expected to rise by more than 5% compared to 2018. The temperature control unit industry’s consistent expansion can be attributable to a number of causes, including rising plastic output, rising energy demand, and the strict constraints imposed on enterprises to maintain product quality while minimising their environmental footprint.
Because of its low cost and wide operating temperature range, water type temperature control devices are becoming increasingly used in a variety of industries. In addition, the introduction of portable and compact water type temperature control units is helping to boost device sales. Furthermore, the demand for water-based temperature control units in environmental control has grown in a variety of industries, including defence, life sciences, and temperature-controlled logistics. Fact. According to MR, the factors will continue to boost water type temperature control unit sales, which are expected to exceed 450000 units in 2019.
Temperature Control Unit Market: Key Segments
The temperature control unit market is studied by Fact.MR and is broken down into four important segments: pump capacity, system, end-use industry, and region. This study provides in-depth information and data on key market dynamics and growth indicators connected with these categories.
Pump Capacity
- < 20 GPM
- 21-30 GPM
- 31-60 GPM
- > 60 GPM
System
- Water Type
- Oil Type
End-use Industry
- Plastics
- Food & Beverages
- Pharmaceuticals
- Printing
- Chemicals
- Energy
- Engineering & Mechanical
- Others
Region
Accelerating Oil and Gas Exploration Activities to Create Profitable Market Opportunities
Maintaining the viscosity and flow properties of petrochemical fluids, as well as ensuring safe transportation and distribution of these products, necessitates temperature management. The escalating energy crisis, combined with developments in fracking techniques, is likely to boost petrochemical product production in the near future.
Crude oil and gas that is under or overheated can have a negative impact on its quality and result in the loss of important components. Oil and gas firms may be able to properly manage the temperature of transportation pipelines and trucks with the development of portable and compact temperature control systems, ensuring the quality of crude oil remains intact.
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