The size of the plate-and-frame heat exchanger market will power at a compound annual growth rate of 5.7% during 2022-2030, to touch a value of USD 8912.9 million by 2030. This considerable growth is due to increasing demand for these machines as a result of rapid industrialization and urbanization in developing countries. These machines are used in the manufacturing, automotive and construction sectors for heating, air conditioning, ventilation and purification.