The reporting base year is 2025, with the research period covering 2021 to 2030E. This report analyzes policies, market size, and competitive landscape across the entire industrial chain of process-industry integrated heat transfer solutions by product category, downstream sectors, and product tiers. It segments the market based on conventional/high-efficiency products and ordinary/specialty materials, including supporting market size and market share data for chemicals, petrochemicals, LNG, polysilicon, and industrial energy conservation.
Thanks to the continuous expansion of high-end manufacturing and energy infrastructure such as petrochemical facilities and LNG receiving terminals, the total market size of process-industry integrated heat transfer solutions in China increased steadily from RMB 194.62 billion in 2021 to RMB 223.71 billion in 2025, with an average annual growth rate of approximately 3.5%. By 2030, the market is expected to reach RMB 279.85 billion, driven by energy efficiency improvements under the dual-carbon policy, the increasing adoption of high-efficiency and specialty-material heat exchange technologies, and strong demand for energy-saving transformation and integrated system solutions in the industrial sector.
There are more than 2,000 domestic manufacturers of heat transfer equipment, resulting in a highly fragmented market structure. Key players include Sunpower Tech, Baose (300402.SZ), WCE (001332.SZ), Kexin Mechanical and Electrical Equipment (300092.SZ), LS Heavy Equipment (603169.SH), Lanpec (601798.SH), THVOW (002564.SZ), Morimatsu (02155.HK) and Beijing Groundsun (873703.BJ), which have established technical and service barriers in high-end, specialty material, and system integration areas.
Based on the base year of 2025 and the research period from 2021 to projected 2030, this report examines policies, market size, and competitive dynamics across the entire industrial chain of process-industry integrated heat transfer solutions by product category, downstream sectors, and product tiers. It divides the market into conventional/high-efficiency products and ordinary/specialty materials, providing supporting market size and share data for chemicals, petrochemicals, LNG, polysilicon, and industrial energy conservation.
Due to the ongoing expansion of high-end manufacturing and energy infrastructure such as petrochemical plants and LNG receiving terminals, the total market size of process-industry integrated heat transfer solutions in China rose steadily from RMB 194.62 billion in 2021 to RMB 223.71 billion in 2025, with a compound annual growth rate of 3.5%. The market is projected to reach RMB 279.85 billion by 2030, fueled by energy efficiency improvements under the dual-carbon goals, the growing use of high-efficiency and specialty-material heat exchange technologies, and strong demand for energy-saving transformation and integrated system solutions in the industrial sector.
There are over 2,000 domestic manufacturers of heat transfer equipment, leading to a highly fragmented market. Key participants include Sunpower Tech, Baose (300402.SZ), WCE (001332.SZ), Kexin Mechanical and Electrical Equipment (300092.SZ), LS Heavy Equipment (603169.SH), Lanpec (601798.SH), THVOW (002564.SZ), Morimatsu (02155.HK) and Beijing Groundsun (873703.BJ), which have developed unique technical and service advantages in high-end products, specialty material applications, and system integration.
If you have further research needs regarding China’s heat transfer and pressure vessel markets, please contact us:
Ms. Chen Frost & Sullivan
E-mail: sharlin.chen@frostchina.com
