Copper brazed heat exchanger, composed of metal plates pressed into a shape with concave and convex grooves, is a special type of plate heat exchanger. Through vacuum welding technology, it is combined to form a high-pressure resistant staggered channel system, which generates turbulence between the two fluids to achieve heat transfer effect. ‌

Overview of Market Development

Currently, as a part of the Asia Pacific region, South Korea holds a certain market share in the global heat exchanger market. Copper brazed heat exchangers have certain applications and demands in the Korean market due to their excellent performance. According to our research data, the estimated market size of copper brazed heat exchangers in South Korea in 2024 is $66.94 million, an increase of 5.88% compared to 2023.

With South Korea's increasing emphasis on environmental protection and energy-saving policies, as well as the rapid development of new energy, intelligent manufacturing, and other fields, the copper brazed heat exchanger market is expected to usher in new growth opportunities. It is expected that the Korean copper brazed heat exchanger market will maintain a stable growth trend in the coming years. By 2029, the market size of copper brazed heat exchangers in South Korea is expected to increase to 88.66 million US dollars. The CAGR for 2024-2029 is estimated to be 5.78%.

Analysis of Market Competition Pattern

From the perspective of market competition, the concentration of the Korean copper brazed heat exchanger market is relatively low. Data shows that the total sales value of copper brazed heat exchangers by the top 3 companies amounted to $17.39 million in 2023, with a total share of 27.51%. The top three companies were Alfa Laval AB, Danfoss, and Dover Corporation. In 2023, these three companies accounted for 12.29%, 8.63%, and 6.59% of the sales value of copper brazed heat exchangers in the South Korean market, respectively.

Source: www.globalmarketmonitor.com

Segmented Market Analysis

From the perspective of product types, copper brazed heat exchangers can be classified into spiral-plate type, flat-plate type, and plate-fin type based on their appearance and structure; According to the different circuit structures, copper brazed heat exchangers can be divided into two categories: single-circuit copper brazed heat exchangers and multi-circuit copper brazed heat exchangers. Among them, the segmented type of multi-circuit copper brazed heat exchangers occupies a larger market share, estimated to be 55.12% in 2024.

From the perspective of downstream application patterns, copper brazed heat exchangers are mainly used in HVAC and industrial fields. Among them, the HVAC field is the largest downstream application market, with an estimated application share of 50.67% in 2024.

	Market Size (Million USD)	Market Share
Segmented by Type
Single-circuit	3004	44.88%
Multi-circuit	3690	55.12%
Segmented by Application
HVAC	3392	50.67%
Industrial	2756	41.17%
Others	545	8.16%

Source: www.globalmarketmonitor.com