Will extreme heat warnings in effect in 28 STATES affect the market for cooling towers and chillers ?
As Biden refuses to declare a climate emergency, 100 million Americans are enduring searing temperatures
The National Weather Service is warning that extreme heat will affect more than 100 million people in the United States this week, with temperatures reaching triple digits in some states and temperature records breaking in many parts of the country.
"Temperatures will continue to be above normal across much of the United States through the weekend, with a significant portion of the population remaining under heat-related advisories and warnings," the agency said.
Heat warnings and advisories have been issued for 28 states, with central and southern states bearing the brunt of the heat.
Emergency medical services in Tulsa, Oklahoma, reported an increase in heat-related emergency calls this year. The city's Emergency Medical Services Authority says it has received nearly 250 calls this year, which usually don't go through until later in the summer.
"It's very concerning," the department's Adam Parka told CNN. "Especially because the number of patients being transported suggests that some of those calls were heatstroke, which can be fatal."
In the northeast, temperatures held steady above 90 degrees Fahrenheit (32 degrees Celsius), and city leaders warned residents to limit outdoor activities during the hottest part of the day.
Philadelphia declared a "heat health emergency" on Thursday and set up a "hotline" number for residents experiencing the heat. Boston opened community centers and swimming pools as a place for residents to cool off.
"It is clear that climate change is a threat to our health," Boston Mayor Michelle Wu said on Wednesday. "I urge everyone to remain calm and safe, and check on your neighbors this week."
In Phoenix, the hottest city in the United States, an extreme heat warning was issued Thursday and Friday. Temperatures are expected to reach 113F (45C) on Thursday afternoon and 115F (46C) on Friday afternoon. Heat warnings are issued only when temperatures are above average for the year, and in Phoenix in July, that meant temperatures above 112F. So far this year, the city has broken or equal four daytime highs and nine nighttime lows.
The effects of heat are cumulative and bodies only begin to recover when temperatures drop below 80F. The heat wave that swept Europe and Asia this summer will become more intense and prolonged if the climate emergency is not addressed, climate scientists have warned. A study published in May showed that human influence on climate has made certain heat waves in South Asia 30 times more likely.
Speaking on the climate crisis in Somerset, Mass., On Wednesday, Joe Biden said global heating was an "emergency," but stopped short of declaring a national emergency, as activists wanted the president to do. Such a statement would allow Biden to block crude oil imports or direct the military to engage in renewable energy production. The White House said a formal emergency declaration was "still under discussion".
"It's a clear and present danger, literally," Biden said. "There is a real threat to the health of our citizens and communities."
The global cooling tower market is estimated at 2.1 billion in 2021 and is expected to reach us $2.6 billion by 2026, with a COMPOUND annual growth rate of 4.5%. Growing demand in emerging markets, stringent environmental regulations, increased DEPLOYMENT of HVACR and technological advances are driving demand for cooling towers and chillers cooling towers.
Global cooling tower market introduction
Cooling towers are heat exchange devices in which water and air are in direct contact to lower the temperature of water. When water and air meet, a small amount of water evaporates, creating a cooling effect. There are various types of cooling towers and not all of them are suitable for use in the end-use industry. Each project is different and requires a specific cooling tower. A recent trend is to use hePA filters in cooling towers instead of traditional sand filters. Growth in the end-use industry is a key factor expected to drive demand for cooling towers during the forecast period. The same goes for cooling towers and chillers . The market for cooling towers and chillers is also expected to grow due to developments in the HVAC, power generation and oil and gas industries.
Europe is already the industrialized continent with the most power plants. Cooling towers have been installed in Europe for years. In addition to the shrinkage of new cooling towers, Europe is also seeing a need to replace them. All these factors make Europe the largest cooling tower market in the world. Like Europe, North America is highly industrialized, and demand for new cooling towers and replacement towers will rise. North America is the world's second largest cooling tower market. The Asia-pacific region is the fastest growing market for cooling towers.
The cooling towers and chillers market development changes
The construction of new power plants fueled by coal (thermal power plant) and natural gas is increasing all over the world, oil, biofuels, waste, nuclear, hydro, geothermal, solar photovoltaic, solar thermal, wind, tidal and so on. This development, together with increased capital expenditure in the oil and gas sector, is driving the number of oil RIGS worldwide and are the two main factors likely to drive growth in the cooling towers and chillers market during the forecast period. cooling towers and chillers are said to be the most prominent type by far. Evaporative cooling towers are expected to occupy the largest market share during the forecast period, followed by dry and hybrid cooling towers. Dry cooling tower is mainly used in places lacking water. As they do not use water and are cost-effective, dry cooling towers are expected to provide profitable opportunities for cooling tower suppliers and manufacturers during the forecast period. Hybrid cooling towers are also growing in popularity because they help reduce heat plumes and reduce the amount of fresh water consumed by factories. As a result, the market is expected to grow significantly during the forecast period.
Regional outlook of global cooling tower market
Germany is the largest market for cooling towers in Europe, followed by Italy. In Europe, five countries - Germany, Italy, France, the United Kingdom and Poland - account for two-thirds of the cooling tower market. Germany is one of The largest manufacturing powers in Europe, leading to increased demand for cooling towers in the country. In Europe, new demand for cooling towers and replacement of existing cooling towers is driving the market as it matures. Among the rest of Europe, Poland's cooling towers and chillers market recorded double-digit growth of around 25.0%.
The Asia-Pacific region is expected to show high growth rates for global cooling towers and chillers . China has the largest number of coal-fired, gas-fired and nuclear power plants among asia-pacific countries. It also has the largest hVAC market in the region. All these factors make China a major cooling tower market in the region. In addition, growing industrial growth is driving demand for cooling towers in India. In Japan, in addition to the need for new cooling towers, there is also a large need to replace cooling towers. The rest of Asia Pacific consists of a variety of smaller cooling tower markets.
Impact of COVID-19 on the global cooling tower market
Power generation is one of the important consumers of cooling towers, as it requires energy saving, increased efficiency and strengthening of pipes, machinery, tanks and boilers. Most electricity consumption is in the industrial sector, followed by the residential, commercial and service sectors.
Demand in the sector declined by about 2.5% in the first quarter of 2020 compared to the same period in 2019. The decline was attributable to lower consumption in the industrial and commercial sectors. Businesses have been forced to close because of government-sponsored lockdowns, social distancing measures and restricted supply chains. However, demand is normalising again, helped by a recovery in economic activity across countries.
As a result of the pandemic, demand in the oil and gas industry has dropped significantly. The oil and gas industry has been weak for the past few years as oil prices fell sharply and accelerated from mid-2014.
The industry experienced additional shocks in 2019-2021 due to the COVID-19 outbreak. The outbreak of the COVID-19 pandemic and the drop in demand caused by the global lockdown have forced major refiners to shut down their operations.
Market drivers for cooling towers and chillers
Drivers: Increased DEPLOYMENT of HVACR and increased industrial activity
The modest growth of the global commercial construction industry, along with accelerated modernization and urbanization in emerging economies, is driving demand for cooling towers. The increased deployment of HVACR is further driving market growth due to increased government investment in cooling towers and chillers industries. Cooling towers are widely used as part of building HVACR systems through which excess heat from the cooler is treated. As a result, the surge in demand for this HVACR equipment in construction and industrial applications is expected to drive the global cooling tower market. Factors such as climate change and technological innovation have driven the adoption of cooling towers and chillers . Changeable and unpredictable weather conditions caused by global warming have also increased the need for cooling towers.
Processional Cooling Machinery Manufacturer cooling towers and chillers supplier
Wuxi Master Cooling Machinery Manufacturing Co., Ltd. is a professional manufacturer of water cooling towers and related equipments including cooling tower, chiller, evaporative condenser, water treatment and other accessory parts.
Master Cooling products are widely used in electric power, chemical industrial, metallurgy, cooling, light industrial, civil facilities and other fields. We have an excellent scientific research and development team whom onstantly design new products always more efficient and more innovative in order to meet the different needs from different customers. We also have excellent after-sales service team. If you have any questions about the cooling towers and chillers, please feel free to contact us. Send an email to: firstname.lastname@example.org
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