Delray Beach, FL, July 10, 2025 (GLOBE NEWSWIRE) -- The Plate & Frame Heat Exchanger Market is projected to reach USD 10.50 billion by 2030 from USD 7.21 billion in 2025, at a CAGR of 7.8% during the forecast period, as per the recent study by MarketsandMarkets™. The primary driver of this growth will mostly be the increased demand for more efficient thermal management solutions across various industries (HVAC, power generation, food & beverage, and chemical sectors).

The advantages of using plate & frame heat exchangers include but are not limited to high heat transfer efficiency, compactness, and low-maintenance design. The utilization of plate & frame heat exchangers as thermal management solutions also coincides with the market's desire for space-saving and energy-concise equipment.

In addition to being space and energy-efficient, plate & frame heat exchangers can readily adapt to handling fluids and fluids with varying viscosities. The modular type design allows for scalability as well as quick thermal response. As such, as sustainability and energy optimization continue to be prioritized in industry sectors around the world, the adoption of plate & frame heat exchangers is expected to increase.