Global Fired Heaters Market 2020-2024

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:

End-User

  • Oil and gas
  • Chemicals
  • Others
By Geographic Landscapes
  • APAC
  • North America
  • Europe
  • MEA
  • 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.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis – Global industrial machinery market
      • Inputs
      • Inbound logistics
      • Operations
      • Outbound logistics
      • Marketing and sales
      • Aftermarket and service
      • Industry innovations
  • Market Sizing
    • Market definition
      • Parent market
      • Market in focus
      • Vendor selection
      • Segmentation
      • Methodology for market sizing and vendor selection
        • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Estimating growth rates for emerging and high-growth markets
      • Estimating growth rates for mature markets
        • Table Global - Market size and forecast 2019-2024 ($ million)
        • Table Global market: Year-over-year growth 2019-2024 (%)
  • Five Forces Analysis
    • Five force summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by End-user
    • Market segments
      • Table End-user - Market share 2019-2024 (%)
    • Comparison by End-user
      • Table Comparison by End-user
    • Oil and gas - Market size and forecast 2019-2024
      • Table Oil and gas - Market size and forecast 2019-2024 ($ million)
      • Table Oil and gas - Year-over-year growth 2019-2024 (%)
    • Chemicals - Market size and forecast 2019-2024
      • Table Chemicals - Market size and forecast 2019-2024 ($ million)
      • Table Chemicals - Year-over-year growth 2019-2024 (%)
    • Others - Market size and forecast 2019-2024
      • Table Others - Market size and forecast 2019-2024 ($ million)
      • Table Others - Year-over-year growth 2019-2024 (%)
    • Market opportunity by End-user
      • Table Market opportunity by End-user
  • Customer Landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ million)
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ million)
      • Table North America - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ million)
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ million)
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ million)
      • Table South America - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Volume driver - demand led growth
      • Rise in global oil and gas refinery capacity
      • Emerging regulations and increasing government initiatives to reduce emissions
      • Growth in global petrochemical and specialty chemicals industries
    • Market challenges
      • Volatility in manufacturing costs
      • Global shift toward solar and wind energy
      • Growth of rental market
        • Table Impact of drivers and challenges
    • Market trends
      • Increasing popularity of electric fired heaters
      • Technological advances
      • Future demands for NOx reduction driving design variations
  • Vendor Landscape
    • Competitive scenario
    • Vendor landscape
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Industry risks
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Boustead Singapore Ltd.
      • Table Boustead Singapore Ltd. - Overview
      • Table Boustead Singapore Ltd. - Business segments
      • Table Boustead Singapore Ltd. - Key offerings
      • Table Boustead Singapore Ltd. - Segment focus
    • Esteem Projects Pvt. Ltd.
      • Table Esteem Projects Pvt. Ltd. - Overview
      • Table Esteem Projects Pvt. Ltd. - Product and service
      • Table Esteem Projects Pvt. Ltd. - Key offerings
    • Exotherm Corp.
      • Table Exotherm Corp. - Overview
      • Table Exotherm Corp. - Product and service
      • Table Exotherm Corp. - Key offerings
    • Linde AG
      • Table Linde AG - Overview
      • Table Linde AG - Business segments
      • Table Linde AG- Key news
      • Table Linde AG - Key offerings
      • Table Linde AG - Segment focus
    • Scelerin Heaters LLC
      • Table Scelerin Heaters LLC - Overview
      • Table Scelerin Heaters LLC - Product and service
      • Table Scelerin Heaters LLC - Key offerings
    • Sigma Thermal Inc.
      • Table Sigma Thermal Inc. - Overview
      • Table Sigma Thermal Inc. - Product and service
      • Table Sigma Thermal Inc. - Key offerings
    • Stelter and Brinck Ltd.
      • Table Stelter and Brinck Ltd. - Overview
      • Table Stelter and Brinck Ltd. - Product and service
      • Table Stelter and Brinck Ltd. - Key offerings
    • Thermax Ltd.
      • Table Thermax Ltd. - Overview
      • Table Thermax Ltd. - Business segments
      • Table Thermax Ltd. - Key news
      • Table Thermax Ltd. - Key offerings
      • Table Thermax Ltd. - Segment focus
    • UnitBirwelco Ltd.
      • Table UnitBirwelco Ltd. - Overview
      • Table UnitBirwelco Ltd. - Product and service
      • Table UnitBirwelco Ltd. - Key offerings
    • Wabtec Corp.
      • Table Wabtec Corp. - Overview
      • Table Wabtec Corp. - Business segments
      • Table Wabtec Corp. - Key news
      • Table Wabtec Corp. - Key offerings
      • Table Wabtec Corp. - Segment focus
  • Appendix
    • Scope of the report
      • Definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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