Report Overview:
Fiberglass Cooling Towers are highly engineered structures designed for the efficient dissipation of excess heat from industrial processes, HVAC systems, and power generation facilities. They operate on the principle of evaporative cooling, where heated process water is cooled by being exposed to ambient air, leading to the evaporation of a small portion of the water, which removes heat. The cooled water is then recirculated back into the system.
These towers are primarily constructed using Glass Fiber Reinforced Plastic (GFRP), a composite material known for its exceptional resistance to corrosion, lightweight nature, structural durability, and long service life. Due to these properties, fiberglass cooling towers are particularly advantageous in corrosive environments and industries that require long-lasting and low-maintenance cooling solutions.
Market Value:
Global Fiberglass Cooling Towers Market was valued at USD 3,802 million in 2024 and is projected to grow to USD 5,458.44 million by 2032, registering a CAGR of 4.10% during the forecast period.
CAGR of 4.10%
(2024 – 2032)
By Applications:
Generate Electricity
HVAC
Oil and Gas
Chemical and Petrochemical
Food and Beverage
Metallurgy
By Types:
• Atmospheric Cooling Tower
• Closed Cooling Tower
Key players include:
• Conair
• SPX Cooling Tech
• Evapco
• Seagull Cooling Tower
• Hamon
• Enexio
