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Stock impact report

Global Cooling Towers Strategic Industry Report 2024: Market to Reach $5.2 Billion by 2030 - Rising Global Energy Needs Drives Stable Growth of Cooling Towers in the Power Generation/Utili...

Babcock & Wilcox Enterprises, Inc. (BW) 
Last babcock & wilcox enterprises, inc. earnings: 3/1 04:42 pm Check Earnings Report
US:NYSE Investor Relations: babcockwinery.com
Company Research Source: Yahoo! Finance
Global Cooling Towers Market to Reach $5.2 Billion by 2030 The global market for Cooling Towers estimated at US$3.6 Billion in the year 2022, is projected to reach a revised size of US$5.2 Billion by 2030, growing at a CAGR of 4.6% over the analysis period 2022- 2030. Wet Towers, one of the segments analyzed in the report, is projected to record a 5.2% CAGR and reach US$3.3 Billion by the end of the analysis period. Growth in the Dry Towers segment is estimated at 3.4% CAGR for the next 8-year period. The global economic update indicates a weak environment, particularly during the pandemic years, which has hindered market growth. Despite this, several innovations and advancements have emerged in various industries. The competitive scenario is diverse, with 118 players worldwide exhibiting varying levels of market presence in 2023. Cooling towers, a popular type of heat exchanger, play a pivotal role in managing industrial process heat. They represent a critical capital investme Show less Read more
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