Water that is circulated in the cooling system is cooled using cooling towers. It is primarily a heat rejection device that takes undesired heat out of the atmosphere's cooling system. Evaporation or air injection into the warm water are the two methods used to cool the flowing water. Numerous sectors, including those that deal with chemicals, oil and gas, food processing, power plants, and other air-conditioning applications, employ cooling towers extensively. Cooling towers can be divided into two categories: open cooling towers and closed cooling towers. Cooling towers are divided into three categories based on how they transport heat: evaporative/wet, dry, and hybrid.
The global Cooling Towers Market was valued at US$ 3,243.1 Mn in 2021 and is expected to reach US$ 5,334.2 Mn by 2030, growing at a CAGR of 5.9% between 2022 and 2030.
Leading Companies in the Cooling Towers Industry:
1. Paharpur Cooling Towers Limited
Founded in 1948, Paharpur is the world’s largest manufacturer of process cooling equipment with exports to over 60 countries around the world. It has headquarters situated in Kolkata, India.
2. FANS a.s.
FANS, a.s. was founded in 1992, and it is presently developing its commercial and export activities through a global network. Since its foundation, the FANS, a.s. company has dealt with industrial cooling technologies: design, production, and upgrade of cooling towers, and circulation cooling circuits, from design to commissioning. It has headquarters situated in Praha, Czech Republic. In August, 2022 The FANS Company has a new low-noise aluminum impeller in its portfolio.
3. Absolute Cooling Tower Services Ltd.
Absolute Cooling Tower Services Ltd is an active company incorporated on 20 May 2011 with the registered office located in Keighley, West Yorkshire.
4. Superchill Australia Pty Ltd.
Superchill Australia Pty Ltd was formed in October 1997 on the basis of the former Sulzer Australia Cooling Tower division. It has headquarters situated in Dandenong, Victoria Australia
5. SPX Corporation
SPX Technologies, Inc. supplies infrastructure equipment serving the heating, ventilation, and cooling (HVAC); and detection and measurement markets. SPX Technologies, Inc. was founded in 1912 and is headquartered in Charlotte, North Carolina. In April, 2022 SPX Corporation today announced that it has completed the acquisition of International Tower Lighting, LLC (“ITL”), a private company headquartered in La Vergne, Tennessee.
6. Cooling Tower Depot, Inc.
Cooling Tower Depot, Inc. is a leading manufacturing company, offering new cooling towers, major rebuilding and overhaul and inspection services, emergency response services and the industry’s only online store for DEPOT&trade cooling towers.
7. LIANG CHI INDUSTRY (THAILAND) CO., LTD.
Liang Chi Industry Co., Ltd. is a company based in Taiwan, China, with its head office in Taipei City. The enterprise operates in the Other Industrial Machinery Manufacturing industry. It was incorporated on September 27, 1968.
8. Delta Cooling Towers, Inc.
Founded in 1970, Delta Cooling Towers was the first company to manufacture a seamless, non-corrosive, polyethylene cooling tower line with the introduction of our Pioneer Series. It has headquarters situated in New Jersey, USA.
*Definition- A cooling tower is a heat rejection mechanism that releases waste heat into the air by lowering the temperature of a water stream.
