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The global consumption of graphite heat exchangers will reach 1,644 square meters by 2021 and the average operating rate will remain at 80% to 87%.

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SGL Group and MERSEN occupy the top two markets for the graphite heat exchanger market in 2017. SGL Group accounted for 24.48% of the revenue share, followed by MERSEN, revenue share of 21.09%.

In the next five years, the global consumption of graphite heat exchangers will further increase. It is estimated that by 2021 consumption will reach 1,644 square meters. The average operating rate will remain at 80% to 87%.

Graphite heat exchanger applications are concentrated in the chemical industry and petrochemical industry, the production market share in 2017 reached 58.74%. By category, Shell and Pipe occupy 63.99% of the market in 2017 and are expected to dominate the market over the estimated period. From 2017 to 2021, the compound annual growth rate of this industry may reach 5.25%.

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