omkar abhang

Cooling Tower Rental Market shares and strategies of key players 2025

Press Release   •   Jan 17, 2018 06:13 EST

A cooling tower can be defined as a specialized heat exchanger where air and water are brought into direct contact with each other for reducing the temperature of water. During this process, a small volume of water is evaporated, which reduces the temperature of water being circulated through the cooling tower. However, heat is simply a by-product of the complete production process or manufacturing cycle, and hence, many companies do not feel the need to permanently install cooling towers in their plants. They realize that the requirement of cooling towers can be fulfilled by the rental market, which can provide complete solutions, including single-point power connection, a circuit breaker, and emergency trailer-mounted delivery.

Request Report Brochure @

The global rental cooling tower market can be segmented based on type, capacity, and application.

In terms of type, the market can be classified into wet, dry, and hybrid cooling towers. The wet cooling towers, also known as open circuit cooling towers, use the principle of evaporation to reduce heat. On the other hand, dry cooling towers can be termed as extended-type of radiator coolers, where the water-containing tubes are wound with integral copper strips, and these areas are cooled with fans. Meanwhile, hybrid cooling towers are a combination of wet and dry cooling technologies. The wet cooling towers segment held a prominent share of the market in 2016. They are used most commonly by power generation utilities and in the manufacturing sector.

The cooling towers are available in a large range of capacity, from under 500 tons to more than 3000 tons. In fact, on the basis of capacity, the cooling tower rental market can be segmented into under 500 tons, between 501 tons to 1000 tons, between 1001 tons to 1500 tons, between 1501 tons to 3000 tons, and above 3000 tons. The 1001 tons to 1501 tons segment held a major share of the market in 2016.

In terms of the end-use, the cooling tower rental market can be classified into air-conditioning, manufacturing, electric power generation, and others category. Cooling towers are most commonly employed in the first three industries, whereas the others segment consists of industries such as chemicals, building & construction, food & beverages, oil & gas, etc.

Read Report Overview @

In terms of region, the global rental cooling tower market can be segmented into North America, Latin America, Middle East & Africa, Europe, and Asia Pacific. North America and Europe cumulatively accounted-for the majority share of the market in 2016 driven by the higher volume of renting rather than purchasing the cooling towers in these regions.

Demand for cooling towers from the HVAC (heating, ventilation, and air-conditioning) industry, in terms of its deployment in residential, commercial, and manufacturing units is estimated to be the primary driver of the global cooling tower rental market in the next few years.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.


Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453