Plate & Frame Heat Exchanger Market worth $10.50 billion by 2030 - Exclusive Report by MarketsandMarkets

DELRAY BEACH, Fla., June 9, 2025 /PRNewswire/ -- The report "Plate & Frame Heat Exchanger Market By Type (Gasketed, Welded, Brazed), By Application (HVAC & Refrigeration, Chemical, Petrochemical, Oil & Gas, Food & Beverage, Power Generation, Pulp & Paper), By Region – Global Forecast To 2030", plate & frame heat exchanger market is expected to reach USD 10.50 billion in 2030 from USD 7.21 billion in 2025, registering a CAGR of 7.8% during the forecast period.

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236 – Tables
42 – Figures
231 – Pages

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The global plate & frame heat exchanger market is consistently growing, with a confluence of energy efficiency regulations, modernization of industrial machinery, and sustainability objectives. Demand from sectors such as thermal regulation, chemical processing, and power generation is supported by increased energy regulation and consideration for small, high-performance thermal systems. At the same time, increasing capital investments in district heating networks, renewable energy plants, and data centers are allowing for increased adoption due to the better heat transfer efficiency and the ability to save space with a plate & frame heat exchanger as a solution and increasing ease of maintenance over some other exchangers. The food and beverage sector is also supporting market growth because of the demand for sanitary and easy-to-clean heat exchanger solutions while maintaining high standards of safety and operations.

Welded segment projected to be the fastest growing during the forecast period

The welded segment is expected to be the fastest growing of the global plate & frame heat exchanger market as it best performs under high pressure and high temperature. Since welded heat exchangers do not use gaskets and hence do not have to worry about gasket failure, they are better suited for preventing corrosion and leaking. Welded plate & frame heat exchangers are best used in the oil & gas, power generation, and chemical processing sectors, among others. Welded heat exchangers' ability to be compact and handle aggressive fluids gives them an edge over other technologies and will continue to promote the rapid growth of the segment. As all industries continue to focus on durability, efficiency, and safety in extreme environments, the appeal for welded plate & frame heat exchangers is expected to increase significantly through 2030.