The global Heat Exchangers market is forecast to stabilize over the long-term to reach US$24.5 billion by 2022. With a huge and aging installed base of heat exchangers worldwide, replacement demand will provide ample opportunities for future growth. Periodic renewal and upgrades as a result of natural wear-and-tear of heat exchangers coupled with modernization initiatives adopted in key end-user industries will magnify the business opportunity offered by replacements.
http://www.hfm-phe.com/products/replacement-part.html
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