Heat exchanger, Forecasting, Industry of Australia
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Introduction Heat exchangers are devices used to transfer heat from one medium to another. They are used in various industries, including chemical, petrochemical, food processing, and power generation. Forecasting is a crucial aspect of business planning, which involves predicting future trends and outcomes. In Australia, the heat exchanger industry is expected to experience significant growth in the coming years. Heat Exchangers Heat exchangers are devices used to transfer heat from one medium to another. They can be used for various purposes, such as heating, cooling, condensation, and evaporation. Heat exchangers come in various types, including shell and tube, plate and frame, and air-cooled. They are used in several industries, including chemical, petrochemical, food processing, and power generation. Heat exchangers work by transferring heat from one fluid to another. For example, in a shell and tube heat exchanger, hot fluid flows through a tube while the cooler fluid flows ...