Automatic Tube Cleaning System Market is expected to reach US$ 158.18 million by 2028

by Sameer Joshi or 13-May-2021

According to the new research report titled “Automatic Tube Cleaning System Market Forecast to 2028 – COVID-19 Impact and Global Analysis,” published by The Insight Partners, the market is expected to reach US$ 158.18 million by 2028, registering a CAGR of 4.74% from 2020 to 2027.
The global automatic tube cleaning systems market is segmented into five major regions—North America, Europe, APAC, MEA, and SAM. In 2020, APAC led the global market with a substantial revenue share, followed by North America and Europe. Major factors driving the market growth in APAC are growing need for energy savings and improved operating efficiency in refineries and commercial spaces. Also, continuous increase in industrialization in Asia Pacific makes it one of the potential markets for automatic tube cleaning systems. The huge energy demands generated in many of the APAC countries are commonly addressed by coal-fired power plants; thus, a continuous rise in number of these plants to address the rapidly increasing energy demands is likely to boost the automatic tube cleaning market growth in the coming years. In addition, commercial spaces and the growing focus on energy conservation bolster the demand for automatic tube cleaning systems in Asia Pacific. The region dominates the global automatic tube cleaning systems market due to upscaling operations of refineries and power plants, with mounting number of power plants in different countries.

Asia Pacific offers tremendous opportunities to the global and local players by having hydrocarbon potential. In recent years, several energy-oriented plans and policies triggered the emergence of mega projects such as the Southern Gas Corridor and Central Asia–China gas pipeline. Therefore, such projects are triggering the need of HVAC systems, thereby augmenting the demand for automatic tube cleaning systems.  However, the existing unutilized production capacity scenario, combined with the effect of COVID-19 outbreak, would have a negative impact on the Asian power sector’s overall financial health. There has been a major reduction in power usage in industrial and commercial units, resulting in a reduction in the need for tube maintenance and cleaning. Thus, the above-mentioned factor implies that the COVID-19 outbreak is expected to restrain the automatic tube clean system market across the region.

Key Findings of Study:
Since power companies are operating in an increasingly hostile environment—owing to rapid deregulation and liberalization, combined with environment-friendly power generation—maintaining the performance of condenser tubes, which have such a large impact on power generation efficiency, is becoming a major apprehension. Since many power plants across the world use seawater for cooling, it is vital to keep the condenser tubes that cool vast amounts of seawater in top shape by preventing marine life from getting into and sticking to the tubes and keeping them clean. The growing environmental effects of global warming demand a more efficient generation of power in the years ahead, which would drive the adoption of automatic tube cleaning systems. A few of the recent product launch initiatives in the market are as follows:

• In 2018, Patratu Vidyut Utpadan Nigam Limited launched a coal fired Patratu power project. The super thermal power plant will be built in two phases, with the first phase compring three 800 MW units and the second phase compring two more identical units. The company claimsed that an automatic tube cleaning system would improve project productivity and save resources.
• In 2015, Shandong Shengli Power Project was launched by Shenglu Power Company. The plant will be constructed in two stages, the first of which will include two 1,000 MW ultra-supercritical air-cooled systems.

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