Marine Power Heat Exchanger Market Extensive Growth Opportunities to Be Witnessed by 2018-2028

Marine Power Heat Exchanger Market Extensive Growth Opportunities to Be Witnessed by 2018-2028

15 Aug 2019

Marine Power Heat Exchanger Market: Introduction

Marine power heat exchangers are used to reduce the temperature of the engine in a boat, yacht, vessel or a ship by transferring heat to another medium. These two medium are separated by a solid membrane. Marine power heat exchanger can exchange heat between gas and liquid, liquid and liquid, and liquid and gas etc.

The key advantages of reducing the pollution in the marine environment is a driving force for the adoption of marine power heat exchanger. The marine power heat exchangers play a key role in the applications such as propulsion plant, power generation system, sir systems, fuel injection, refrigeration system, air conditioning, fresh water, and steam turbine.

A sacrificial zinc anode is added in the marine power heat exchanger for protecting it from corrosive salts. Periodic maintenance and cleaning will reduce the obstruction of flow of water and the engine with overheat.

Marine Power Heat Exchanger Market: Market Dynamics

The recent development with the concept of the box cooler positively reflected in sales of shell and tube marine power heat exchangers for water-water and/or oil cooling. The growing competition for marine power heat exchanger is posing a key challenge between the global players with the Asian players in terms of cost competences. The plate type marine power heat exchangers are advantageous as they are manufacturer with different characterizes and it can be adapted to a wide variety of applications. These plate type marine power heat exchangers can easily be disassembled for services such as maintenance, inspection, or even expansion by adding plates

The regulations laid by International Marine Organization in meeting the low emission standards has driven the adoption of new marine power heat exchanger in the merchant fleet. In addition to that, there are new ship building contracts which is positively driving the global marine power heat exchanger market. The rising population and seaborne trade is set to increase the adoption of marine power heat exchanger in the developing regions such as Asia, Africa and Latin Africa.