Heat Exchanger Market Expected To Reach USD 29.62 Billion 2032 at a CAGR of 5.41% To Forecast 2024-2032
The global Heat Exchanger Market was valued at USD 18.44 Billion in 2023 and is expected to reach USD 29.62 Billion by the year 2032, at a CAGR of 5.41%. The rise in government policies regarding Heat Exchanger exploration and production reflects the recognition of its potential as an energy resource amidst increasing energy demand. Also referred to as shale gas, Heat Exchanger is a form of natural gas trapped within underground rock formations with low permeability.