Search company, investor...

Stage

Recap | Alive

Total Raised

$300M

About API Heat Transfer

API Heat Transfer specializes in high-performance heat transfer solutions across various industries. The company offers a range of products including air cooled technology, plate heat exchangers, pre-engineered systems, shell and tube exchangers, and thermal management systems designed to efficiently manage industrial processes. API Heat Transfer primarily serves sectors such as food and beverage, oil and gas, power generation, and other process industries. It is based in Buffalo, New York.

Headquarters Location

2777 Walden Avenue

Buffalo, New York, 14225,

United States

716-684-6700

Loading...

Loading...

API Heat Transfer Patents

API Heat Transfer has filed 4 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

10/12/2018

11/9/2021

Heat exchangers, Fluid dynamics, Aerodynamics, Energy recovery, Gas technologies

Grant

Application Date

10/12/2018

Grant Date

11/9/2021

Title

Related Topics

Heat exchangers, Fluid dynamics, Aerodynamics, Energy recovery, Gas technologies

Status

Grant

Latest API Heat Transfer News

Global Gasketed Plate Heat Exchanger Market Report to 2031 - Featuring Alfa Laval, API Heat Transfer, Danfoss and Diversified Heat Transfer Among Others

Jan 21, 2023

News provided by Share this article DUBLIN, Jan. 21, 2023 /PRNewswire/ -- Research and Markets The global gasketed plate heat exchanger market was valued at $3.1 billion in 2021, and is projected to reach $5.1 billion by 2031, growing at a CAGR of 5.2% from 2022 to 2031. Gasketed plate heat exchanger transfer heat energy from one side to another without the two products on either side mixing. In gasketed plate heat exchanger, each heat transfer plate is fitted with an elastomeric gasket, which seals and distributes the process fluids. The heads, normally referred to as channel covers, include connections to permit the entry of the process fluid into the plate pack. In addition, it consists of a stack of individually stamped heat transfer plates made of stainless steel or other material. The plate stack is clamped using bolts in a frame consisting of a fixed cover and a moveable cover. However, to separate the two circuits, gasketed plate heat exchanger can be installed between the boiler and process circuit. Gasketed plate heat exchanger is mainly known for its compact size and high efficiency design that it offers. The channel formed by two adjacent plates is the key to the plate heat exchanger's high efficiency. The hot and cold fluids are distributed through alternate channels in a counter-current arrangement. This counter-current flow provides for maximum thermal efficiency. The flow pattern induces turbulence at very low Reynolds numbers, which contributes to high heat transfer rates. Units are custom selected to effectively optimize the available pressure drop. The fluid shear stresses in a plate exchanger are much higher than those of a tubular exchanger. This tends to keep the channels in a plate exchanger much cleaner. For clean services, the normal practice is to provide units designed for 100% of the surface area required. For fluids that foul, plate exchangers can be provided with 5-10% excess area. Gasketed plate heat exchanger has ample of applications such as boiler / heating separation, domestic hot water (DHW) heating, steam to water heating, heat pumps, industrial process liquid heating & cooling, swimming pool heating, chemical heating & cooling, either in-line or on a batch process, heating, ventilating & air conditioning (HVAC), marine - (titanium plates) for uses such as main engine cooling, oil cooling, intercoolers, & deck wash water heating, dairy - milk pasteurizing, raw milk cooling, food products, & CIP wash water heating, brewing - wort cooling, beer/lager/cider conditioning, and pharmaceutical - hygienic water heating / cooling. However, rise in demand for such applications has led to surge the demand for gasketed plate heat exchanger that may act as the major driving factor for the market. The gasketed plate heat exchanger market is segmented on the basis of Type, Material, End-use, and region. Depending on type, the market is categorized into industrial GPHE, semi welded GPHE, and widegap GPHE. On the basis of material, it is divided into stainless steel, titanium, and tungsten. On the basis of end-use, it is classified into chemical, oil & gas, HVAC & refrigeration, food & beverage, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The global gasketed plate heat exchanger market analysis covers in-depth information about the major industry participants. The key players operating and profiled in the report include Alfa Laval, API Heat Transfer, Danfoss, Diversified Heat Transfer, Inc., Hisaka Works, Ltd., HYDAC International GmbH, Kelvion Holding GmbH, Kaori Heat Treatment Co., Ltd., Motion Industries, Inc., Onda S.p.A, Southwest Thermal Technology Inc., SWEP International AB, Tranter, TITAN Metal Fabricators, and Xylem. Key Benefits This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the gasketed plate heat exchanger market analysis from 2021 to 2031 to identify the prevailing gasketed plate heat exchanger market opportunities. The market research is offered along with information related to key drivers, restraints, and opportunities. Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network. In-depth analysis of the gasketed plate heat exchanger market segmentation assists to determine the prevailing market opportunities. Major countries in each region are mapped according to their revenue contribution to the global market. Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players. The report includes the analysis of the regional as well as global gasketed plate heat exchanger market trends, key players, market segments, application areas, and market growth strategies. Key Topics Covered: 4.1 Overview 4.2 Industrial GPHE 4.2.2 Market size and forecast, by region 4.2.3 Market analysis by country 4.3 Wide Gap GPHE 4.3.2 Market size and forecast, by region 4.3.3 Market analysis by country 4.4 Semi Welded GPHE 4.4.2 Market size and forecast, by region 4.4.3 Market analysis by country CHAPTER 5: GASKETED PLATE HEAT EXCHANGER MARKET, BY MATERIAL 5.1 Overview 5.2 Stainless Steel 5.2.2 Market size and forecast, by region 5.2.3 Market analysis by country 5.3 Titanium 5.3.2 Market size and forecast, by region 5.3.3 Market analysis by country 5.4 Tungsten 5.4.2 Market size and forecast, by region 5.4.3 Market analysis by country CHAPTER 6: GASKETED PLATE HEAT EXCHANGER MARKET, BY END USER 6.1 Overview 6.2 Food and Beverage 6.2.2 Market size and forecast, by region 6.2.3 Market analysis by country 6.3 Oil and Gas 6.3.2 Market size and forecast, by region 6.3.3 Market analysis by country 6.4 HVAC and Refrigeration 6.4.2 Market size and forecast, by region 6.4.3 Market analysis by country 6.5 Chemical 6.5.2 Market size and forecast, by region 6.5.3 Market analysis by country 6.6 Others 6.6.2 Market size and forecast, by region 6.6.3 Market analysis by country CHAPTER 7: GASKETED PLATE HEAT EXCHANGER MARKET, BY REGION CHAPTER 8: COMPANY LANDSCAPE

API Heat Transfer Frequently Asked Questions (FAQ)

  • Where is API Heat Transfer's headquarters?

    API Heat Transfer's headquarters is located at 2777 Walden Avenue, Buffalo.

  • What is API Heat Transfer's latest funding round?

    API Heat Transfer's latest funding round is Recap.

  • How much did API Heat Transfer raise?

    API Heat Transfer raised a total of $300M.

  • Who are the investors of API Heat Transfer?

    Investors of API Heat Transfer include Wellspring Capital Management, RBC Bank (U.S.), GE Capital, UBS, Audax Private Equity and 3 more.

  • Who are API Heat Transfer's competitors?

    Competitors of API Heat Transfer include Heat Transfer Products Group and 4 more.

Loading...

Compare API Heat Transfer to Competitors

I
Industrial Air Centers

Industrial Air Centers (IAC) provide industrial compressed air equipment, maintenance services, and energy management systems. It offers products such as portable compressors, cabinet cooling, air dryers and filtration, industrial pump, chillers, and many more. It was founded in 1991 and is based in Jeffersonville, Indiana.

C
Compressed Air Services

Compressed Air Services is a company focused on providing compressed air equipment and services within the industrial sector. The company offers maintenance, repair, and distribution of various lines of compressed air equipment to meet the needs of different industries. They primarily serve sectors that require compressed air systems for their operations. It was founded in 1985 and is based in Norristown, Pennsylvania.

General Air Products Logo
General Air Products

General Air Products is a company that focuses on the manufacturing, engineering, and distribution of industrial, compressed air, and process cooling equipment, operating in the industrial machinery sector. The company offers a range of products including air compressors for fire protection, air cooled chillers, water cooled chillers, fluid pumping stations, and heat exchangers. These products are primarily sold to various industries including the fire protection industry. It was founded in 1936 and is based in Exton, Pennsylvania.

N
Nooter/Eriksen

Nooter/Eriksen is the independent supplier of Natural Circulation Heat Recovery Steam Generators (HRSG) behind gas turbines. It is a single-source supplier of custom-designed heat recovery systems. It offers a full range of modularization options for specific job site and construction needs. It supplies waste heat boilers, enhanced oil recovery (EOR) boilers, Benson once-through HRSGs, simple cycle systems, HRSGs for integrated gasification combined cycle (IGCC) applications, and more. It was founded in 1987 and is based in Fenton, Missouri.

H
HIVAP Global Cooling PTE Ltd

HIVAP is a game changing, patented evaporative air cooling and air conditioning system with a wide variety of applications in other industrial sectors such as cooling towers. HIVAP is 700% more energy efficient (typically using 30% of the power of a laptop) using 75% less water than existing systems. In addition sea water and grey water can be used. HIVAPs extraordinary efficiency allows it to be solar powered which the Directors believe will lead to the exponential development of new markets for air cooling such as in semi or fully open air recreational areas, (shopping precincts, sports stadia, al fresco entertainment areas). As much as 75% of peak time electricity worldwide is devoured by current cooling and air conditioning systems. With electricity price increasing and its supply both irregular and under pressure, HIVAP’s patented system make a significant contribution to power demand world wide.

ReapAir Compressor Services Logo
ReapAir Compressor Services

ReapAir Compressor Services specializes in providing industrial air compressors and related services. The company offers a range of products including air dryers, vacuum pumps, nitrogen generators, and filtration systems, as well as maintenance and repair services for these systems. ReapAir primarily serves sectors that require industrial air compression solutions. It was founded in 1981 and is based in Burlington, Ontario.

Loading...

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.