Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  News  >  Companies  >  All News

News : Companies

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors

Cooling Towers Market Procurement Research – Market Trends and Spend Analysis by SpendEdge

share with twitter share with LinkedIn share with facebook
share via e-mail
01/13/2018 | 11:00pm CET

Global procurement intelligence advisory firm, SpendEdge, has announced the release of their ‘Cooling Towers Market Procurement Research Report.’ The insights and data in this report provide a strategic analysis of the supply markets, factors influencing purchasing decisions, procurement best practices, pricing models, supplier landscape, and an analysis of the supplier capability matrix for the heavy industry. This report breaks down the data and analysis behind the procurement of cooling towers and acts as an all-inclusive guide for making smart purchasing decisions.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180113005001/en/

Global Cooling Towers Procurement Market Intelligence Report (Graphic: Business Wire)

Global Cooling Towers Procurement Market Intelligence Report (Graphic: Business Wire)

“Cooling towers are extensively used in non-industrial segments including the commercial real estate sector to regulate the temperature within thermal and nuclear power plants across the world to ensure optimum production of energy,” says SpendEdge procurement analyst Tridib Bora. “Also, the buyers are increasingly demanding custom-made towers as their requirements differ based on their processes, project locations, regulatory norms, and budget,” added Tridib.

Looking for more insights from this report? Request a free sample report

SpendEdge sample reports are free of charge and provide insights that focus on cost-saving aspects of procurement and optimization of category spend.

Procurement analysts at SpendEdge highlight the following top three market trends that are contributing to the growth of the Global Cooling Towers Market:

  • Growing demand for hybrid cooling towers
  • Rise in adoption of HDPE-based cooling towers across end-user industries
  • Increasing adoption of dry cooling towers

This report is available at USD 1000 discount for a limited time only: View the report snapshot before purchasing

Growing demand for hybrid cooling towers:

It has been observed that wet cooling towers offer greater thermal performance compared with dry cooling towers. However, wet cooling towers are vulnerable to corrosion, require large quantities of water, and involve high maintenance costs limiting their popularity. Hybrid cooling towers are ideal for areas that have access to water. The heat transfer performance of a hybrid cooling tower is similar to the one provided by a wet cooling tower, leading to their popularity across various end-user industries. Moreover, hybrid cooling towers help buyers in plume abatement and offer excellent resistance to issues such as scaling and corrosion.

The rise in the adoption of HDPE-based cooling towers across end-user industries:

HDPE-based cooling towers offer better structural integrity and stronger protection against corrosion. They are priced relatively higher compared with cooling towers constructed from materials such as wood and galvanized steel. Therefore, their adoption is presently limited to developed regions such as North America and Europe where the purchasing power of buyers is high. Moreover, an HDPE-based cooling tower negates the need for regular maintenance and expensive replacement of parts when compared with conventional cooling towers.

Increasing adoption of dry cooling towers:

The increase in regulatory stringency surrounding the use of water in wet cooling towers has motivated buyers across all geographical regions to adopt dry cooling towers, which use air for cooling the cooling water. Also, as dry cooling towers offer high resistance to scaling and corrosion, they reduce operating costs for buyers. As a result, they are increasingly adopted across all major geographical regions

Get unlimited access to all our reports. Our Insights platform provides ready-to-use procurement research reports, latest supplier news, innovation landscape, markets insights, supplier tracking, and much more at the click of a button. Start your 14-day trial now.

We also customize reports to meet clients’ requirements.

Browse Related Reports:

About SpendEdge

SpendEdge shares your passion for driving sourcing and procurement excellence. We are a preferred procurement market intelligence partner for Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence that helps sourcing and procurement professionals make informed decisions. These innovative procurement solutions help enterprises transform structural capabilities, improve execution efficiency, and fast-track time to savings.

© Business Wire 2018
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news "Companies"
07:52a DAMAC PROPERTIES : may sell 15% stake – Chairman
07:52a EMIRATES ISLAMIC BANK : Dubai's EIB turns profitable in Q4-17
07:52a ABU DHABI ISLAMIC BANK : Residential REIT completes AED 772m acquisition deals
07:52a ORASCOM DEVELOPMENT EGYPT SAE : sales raise to EGP 1.5bn in 2017
07:51a Carl Data Signs Partnership Agreement with Connected Fintech for Development of Cryptomining Facilities, Predictive Analytics and M2M Transaction Capabilities
07:51a Landstar to Release Fourth Quarter Results on Wednesday, January 31, 2018
07:50a GLOBAL INDUSTRIAL OPTOELECTRONIC SENSORS MARKET 2018-2022 : Increasing Demand for Smart Sensors in Smart Factories with AMS, BERNSTEIN, Festo, Leuze Electronic & Pilz Dominating - ResearchAndMarkets.com
07:49a BANCA IFIS : Bad loans, 99 billion euro are Unlikely To Pay (UTP) to be managed. 72 billion of NPLs sold in 2017 for a price of about 13 billion euro.
07:49a INDRA SISTEMAS : acquires Paradigma, a leading company in disruptive technologies for digital transformation
07:49a FIRST REAL ESTATE INVESTMENT TRUST : Payment Of Management Fee By Way Of Issue Of Units In First Real Estate Investment Trust
Latest news "Companies"