Global Fired Heaters Market 2020-2024
Technavio has been monitoring the fired heaters market and it is poised to grow by $ 135.78 million during 2020-2024 progressing at a CAGR of 3% during the forecast period. Our reports on fired heaters market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rise in global oil and gas refinery capacity, , and growth in global petrochemical and specialty chemicals industries. In addition, rise in global oil and gas refinery capacity is anticipated to boost the growth of the market as well.
The fired heaters market analysis includes end-user segment and geographical landscapes.
Technavio's fired heaters market is segmented as below:
- Oil and gas
By Geographic Landscapes
- North America
- South America
This study identifies the emerging regulations and increasing government initiatives to reduce emissions as one of the prime reasons driving the fired heaters market growth during the next few years.
"Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our fired heaters market covers the following areas:
- Fired heaters market sizing
- Fired heaters market forecast
- Fired heaters market industry analysis"
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fired heaters market vendors that include Boustead Singapore Ltd., Esteem Projects Pvt. Ltd., Exotherm Corp., Linde AG, Scelerin Heaters LLC, Sigma Thermal Inc., Stelter and Brinck Ltd., Thermax Ltd., UnitBirwelco Ltd., and Wabtec Corp.. Also, the fired heaters market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.