Global Jet Cooler Systems Market: Jet cooler system is referred as steam of liquid or gas forced out with a huge force out of small opening for cooling purpose. Steam jet cooling systems are preferred over conventional cooling systems. Moreover, it is more flexible in operation and temperature can be controlled easily.
High cooling capacity is a key factor driving growth of the global jet cooler systems market. In addition, low maintenance cost, high cooling temperature attained using water as a refrigerant, with minimal vibration are some other factors anticipated to fuel growth of the global jet cooler systems market over the forecast period.
However, high production cost is a key factor restraining growth of the global jet cooler systems. Additionally, leakage of vapor through joints, low distillate output are major factors expected to hamper growth of the global jet cooling systems market.
Overcoming the challenges with new technical advancement and cost reduction are presenting new opportunities for growth of the global jet cooing systems market over the forecast period.
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North America is a dominant player in the global jet cooler systems market and accounts for largest market share in terms of revenue as compared to that of markets in other regions. This is attributed to well-developed application segments, presence of leading jet cooler systems manufacturers, and rise in number industries opting use of jet cooler systems. Europe accounts for the second largest revenue share contribution to the global jet cooler systems market followed by markets in Latin America, Asia Pacific and Middle East & Africa respectively. The market in Asia Pacific is projected to have the fastest growth in terms of revenue, owing to increase in number of industries such as manufacturing units, mills etc., in the region
Prominent players in the global jet cooler system include Jet Cooling & Engineering Systems, GEA Group, Lethiguel Group, Primetals Technologies Japan, Ltd.