Global Evaporative Cooling Pad Market Size By Type, By Application, By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Evaporative Cooling Pad Market size was valued at USD 5.2 Billion in 2024 and is projected to reach USD 8.6 Billion by 2031, growing at a CAGR of 6.5% from 2024 to 2031
Evaporative cooling pads are mostly used in industries, agricultural purposes, and commercial entities where the scale of operations is huge. The major market drivers for the evaporative cooling pads are the favorable regulations for sustainable energy across the world, advancement in technologies, and its benefits. The Global Evaporative Cooling Pad Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Evaporative Cooling Pad Market Definition
Evaporative cooling pads are used on the basis of the simple principle of cooling by evaporation which brings the temperature down. It is a device that cools the air through the process of evaporation i.e., passing hot fresh air through the cool surface to bring down the temperature. It works on the principle that the water will absorb the heat from the air in order to evaporate.
The evaporative cooling pad is saturated with water sprayed onto it through prefixed channels. Few notable features of an evaporative cooling pad are cellulose base, rigid structure, energy-efficient, effective cooling, lower maintenance, longer life, and more effectiveness. The unique structure minimizes buildup of dust and dirt and helps to convert the hot air into cool air through the process of evaporation.
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Global Evaporative Cooling Pad Market Overview
Evaporative cooling pads are mostly used in industries, agricultural purposes, and commercial entities where the scale of operations is huge. The major market drivers for the evaporative cooling pads are the favorable regulations for sustainable energy across the world, advancement in technologies, and its benefits.
When it comes to keeping things cool in factories and warehouses, more and more people are choosing evaporative cooling over older methods. It's a pretty simple idea – using evaporation – and that means it's easy on the wallet. This works like a charm in hot and dry places. Think of ithot air goes in, and thanks to evaporation, cool air comes out! The catch? It's not so great where it's already cold or humid. You'll often find evaporative cooling pads hard at work in greenhouses, helping to grow all sorts of veggies even when they're not usually in season. That's why we're seeing a big demand for this tech in those hot, dry regions.
Global Evaporative Cooling Pad Market Segmentation Analysis
The Global Evaporative Cooling Pad Market is segmented On The Basis of Type, Application, And Geography.
Evaporative Cooling Pad Market, By Type
• Wooden Pad• Metal Pad• Others
The Evaporative cooling pads can be segmented into Wooden Pad, Metal Pad, and Others on the basis of Type. Wooden pads are the ones which are majorly in use due to its low cost and flexible usage in the greenhouses.
Evaporative Cooling Pad Market, By Application
• Farm Buildings• Greenhouse• Others
Evaporative Cooling Pad can be segmented into Farm Buildings, Greenhouse, and Others on the basis of its Application. Evaporative cooling pads are extensively used in greenhouses for the purpose of growing different types of vegetables in a favorable climatic condition where it is naturally not present. The high demand for different types of vegetables during the off-season across the globe has lead to an increase in the demand for evaporative cooling pads. It helps to grow vegetables and fruits throughout the year. Additionally, crops are of good quality and gives good yield.
Evaporative Cooling Pad Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
On the basis of Geography, the market can be segmented into North America, Europe, Asia Pacific, and the Rest of the world. Agriculture is one of the main occupations in India has driven the growth in demand for evaporative cooling pads in the Indian market. The Asia Pacific holds the largest share of evaporative cooling pads. Countries like India, Australia, and Japan hold the largest share in this market. Europe stands second in the market share of evaporative cooling pads.
Key Players In Evaporative Cooling Pad Market
The “Global Evaporative Cooling Pad Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are CUMBERLAND, Munters, ACO Funki, Abbi-Aerotech, REVENTA, Portacool, Wesstron, Modustall, IVEGA-DOTEX, and Automated Production. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2021-2031
BASE YEAR
2024
FORECAST PERIOD
2024-2031
HISTORICAL PERIOD
2021-2023
UNIT
Value (USD Billion)
KEY COMPANIES PROFILED
CUMBERLAND, Munters, ACO Funki, Abbi-Aerotech, REVENTA, Portacool, Wesstron, Modustall, IVEGA-DOTEX, and Automated Production
SEGMENTS COVERED
• By Type• By Application• By Geography
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