Rise in Air Pollution across the Globe to Boost the Liquid Chiller Market

An upcoming market research report from Industry Probe titled "Liquid Chiller Market – Global Industry Dynamics 2018-19, Trends and Forecast, 2020–2027" provides comprehensive understanding of the market to the clients cultivating their leadership capacity. Further, the report explores significant factors related to the liquid chiller market that cover industry overview, segmentation analysis, and competitive landscape.

The report with its easy and plain manner has cited pragmatic ideas of the market. The report also highlights numerous facts responsible for the growth of the market such as development factors, statistical growth, business strategies, financial loss or gain to assist readers as well as clients comprehend the liquid chiller market from a global perspective.

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A new report has been added by Industry Probe on the global liquid chiller market for the forecast period 2020-2027. According to the report, the global liquid chiller market is anticipated to expand during the forecast period, owing to rapid industrialization in emerging economies across the world. Economies of countries such as China India, Indonesia, South Korea, and Brazil have grown exponentially and have contributed in the industrial segment. These liquid chillers can be kept in a closed space, which gives additional advantage to save space as compared to air chillers.

The report has split the global liquid chiller market on the basis of product, type, application, end-user, and region. On the basis of product, the global liquid chiller market is classified into shell and tube type chiller and shell and coil type chiller. In the shell and tube type chiller, the refrigerant flows through the tubes and the liquid to be chilled flows in the shell. While in the shell and coil type chiller, the refrigerant flows through the coils and the liquid to be chilled flows through the shell. Based on type, the market is classified into water cooled, air cooled, portable, and split systems.

In terms of application, the global liquid chiller market is categorized into automotive, chemical & petrochemical, food & beverage, medical & pharmaceutical, oil & gas, plastic, and others (power generation, rubber, and steel industry). In terms of end-user, the market is categorized into industrial, residential, and commercial.

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Industry Probe is a global market intelligence and advisory firm with an unwavering purpose to help businesses achieve strategic objectives through a varied range of offerings.