Global Recirculating Chillers Market to reach USD XX million by 2027.Global Recirculating Chillers Market is valued approximately at USD XX Million in 2020 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2021-2027. Recirculating chillers are closed-loop chillers that are used to cool the equipment and machines. These chillers find application in industries such as manufacturing, pharmaceuticals and laboratories. Growing demand to provide thermal stability, rising demand due to growth of end-use industries, and new product launches are fueling demand in the market. According to Statista, pharmaceutical market revenue has increased from USD 1,204.8 billion in 2018 to USD 1,265.2 billion in 2020. Also, in January 2019, Huber K??ltemaschinenbau launched Unichiller 220Tw CO2, a new circulating cooler with CO2 refrigerant. The Unichiller is developed for working in temperatures from -20??C to 100??C and offers a cooling capacity of 22kW and a heating capacity of 12kW. Furthermore, technological advancements and rising number of machines in end-use industries are expected to inject growth in the market. However, high cost of recirculating chillers and increasing power cost are expected to hinder the growth during forecast period.

North America is the leading region in terms of revenue among Asia Pacific, North America, Europe, Latin America, and Rest of the World, owing to large base of manufacturing units in the region. Whereas, Asia Pacific is expected to grow with the highest growth rate during forecast period, due to flourishing manufacturing and pharmaceutical sector in the countries such as China and India.
Major market player included in this report are:

B??CHI Labortechnik AG
Across International
Dimplex Thermal Solutions
LAUDA-Brinkmann
Lytron Chillers
Peter Huber K??ltemaschinenbau
Laird Thermal Systems
Grant Instruments
Fryka-K??ltetechnik
SP Industries

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Rack Mounted
Floor Mounted
Bench Top
By Temperature:
-100??C to 0??C
1??C to 100??C
101??C to 200??C
By Application:
Industrial
Laboratory
Medical
Others


By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Recirculating Chillers Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors