Valued at USD 19.25 billion in 2024, the heat exchangers market is projected to reach USD 20.51 billion in 2025 and USD 36.60 billion by 2034, growing at a CAGR of 6.0% during the forecast period 2025–2034. Europe held the largest regional position in 2024. Key players include Alfa Laval, Kelvion Holding GmbH, SPX Corporation, Xylem Inc., Danfoss A/S, API Heat Transfer Inc., Guntner GmbH,...