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Tubular Heater Market

Market Insights on Tubular Heater covering sales outlook, demand forecast & up-to-date key trends

Tubular Heater Market by Type, Material , Form, Application & Region - Forecast 2022 - 2032

Tubular Heater Market Snapshot (2022-2032)

Global tubular heater market demand is anticipated to be valued at US$ 1.25 Billion in 2022, forecast to grow at a CAGR of 2% to be valued at US$ 1.50 Billion from 2022 to 2032. From 2021 to 2022, a Y-o-Y expansion rate of 1.6% is anticipated, with the market increasing from its valuation of US$ 1.23 Billion in 2021.

Report Attribute

Details

Estimated Base Year Value (2021)

US$ 1.23 Billion

Expected Market Value (2022)

US$ 1.25 Billion

Anticipated Forecast Value (2032)

US$ 1.50 Billion

Projected Growth Rate (2022-2032)

2% CAGR

The rising demand for tubular heaters from different end-use sectors such as automotive, chemical, oil & gas, and others is driving growth in this market. During the projected period, the single-ended segment is likely to dominate the worldwide tubular heaters market. This is due to its lower cost and ease of installation as compared to double-ended tubular heaters.

Tubular heaters are available in straight or with one or more bends. They are utilized for both air heating and immersion applications. However, they are usually utilized for immersion applications and are chosen for terminating, wattage, mounting choices, lengths, and material composition.

They are also frequently employed in commercial, industrial, and scientific applications. They come in a variety of diameters, electrical ratings, terminations, lengths, and sheath materials. Metal mould platen heating, freeze protection, tank heating, medical & analytical device heating, thermoforming, rotisserie ovens, combi ovens, warming cabinets, steamers, conveyor ovens, convection ovens, fryers, smokers, griddles, ware washers, vacuum applications, radiant heating, circulation heating, and fluidized beds are some of the most common applications for tubular heaters.

The heating element is made of standard protective tube materials such stainless steel, heat-resistant steel, or carbon (mild) steel. The heating element also has standard component elements such as magnesium oxide-terminal pins, a protective tube, and resistance wire.

Which are Some Prominent Drivers Spearheading Tubular Heater Market Growth

Tubular heater demand is predicted to be supported by rising demand for heating equipment, as well as a rise in the number of green house plants. Furthermore, a growth in demand from end-use industries such as commercial, industrial, and scientific is likely to enhance tubular heater demand.

Furthermore, small-volume tube heaters generate more heat, which is projected to open up new prospects for manufacturers. Heating components are an important component of the majority of engineering heating systems. They also assist in the flow of energy from the system to produce warmth. Their materials are adaptable, making them ideal for direct heating applications.

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What are the Challenges Faced by the Tubular Heater Industry

Even though the demand for tubular heater is increasing across various end users, it has its fair share of limitations which are hampering the market growth. Because of the presence of metal material, which is relatively expensive, they are not a cost-effective alternative. In comparison to other heating systems, the exterior metal pipe may have an influence on unavoidable heat loss and heat conduction. All these factors are expected to slow down the market growth.

Why is Asia-Pacific emerging as an Opportunistic Tubular Heater Market

Asia Pacific led the worldwide market in 2017 and is predicted to do so again throughout the forecast period. Due to significant demand from end-use sectors such as chemical, petrochemical, oil & gas, and power generation, the region accounted for more than 30% of revenue.

Due to growing industrialization and increased government expenditures in energy-saving technology across several industry verticals, China is expected to remain a prominent customer.

Nikhil Kaitwade
Principal Consultant
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How is North America Contributing to Growth of the Tubular Heater Market

Development in industries such as automotive and home electronics is likely to boost market growth in developed regions such as North America. North America is rapidly becoming a vital hub for global brand growth and innovation, making it an ideal location for the creation and introduction of cutting-edge technology products.

Market Competition

Some of the prominent market participants/vendors in the global tubular heater industry include:

  • Watlow
  • Chromalox
  • Friedr
  • Rotfil
  • Marathon Heater
  • Hotwatt
  • Acim Jouanin
  • Tutco
  • Inhe & Tesch
  • Thermo Heating Element LLC
  • Zhenjiang Dongfang Electric Heating Technology Co., Ltd.
  • Industrial Heater Corporation
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Report Scope

Report Attribute

Details

Growth Rate

CAGR of 2% from 2022 to 2032

Base Year for Estimation

2021

Historical Data

2015-2021

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Type
  • Material
  • Form
  • Application
  • Region

Regions Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • Japan
  • Middle East and Africa

Key Countries Profiled

  • U.S
  • Canada
  • Brazil
  • Argentina
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • Australia & New Zealand
  • China
  • India
  • ASEAN
  • GCC
  • South Africa

Key Companies Profiled

  • Watlow
  • Chromalox
  • Friedr
  • Rotfil
  • Marathon Heater
  • Hotwatt
  • Acim Jouanin
  • Tutco
  • Inhe & Tesch
  • Thermo Heating Element LLC
  • Zhenjiang Dongfang Electric Heating Technology Co., Ltd.
  • Industrial Heater Corporation

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Key Segments Profiled in the Tubular Heater Industry Survey

Tubular Heater Market by Type:

  • Single Ended Tubular Heaters
  • Double Ended Tubular Heaters

Tubular Heater Market by Material:

  • Copper Tubular Heater
  • Steel Tubular Heater
  • Stainless Steel Tubular Heater
  • Incoloy Tubular Heater
  • Inconel Tubular Heater
  • Titanium Tubular Heater

Tubular Heater Market by Form:

  • Liquid Tubular Heaters
  • Air Tubular Heaters
  • Solid Tubular Heaters

Tubular Heater Market by Application:

  • Tubular Heaters for Home Appliances
  • Tubular Heater for Electronics
  • Tubular Heater for Industrial Applications
  • Tubular Heater for Automotive
  • Tubular Heater for Chemical Industry

Tubular Heater Market by Region:

  • North America Tubular Heater Market
  • Latin America Tubular Heater Market
  • Western Europe Tubular Heater Market
  • Eastern Europe Tubular Heater Market
  • Asia Pacific Tubular Heater Market
  • Japan Tubular Heater Market
  • Middle East and Africa Tubular Heater Market

Frequently Asked Questions

FMI projects the global Tubular Heater market to expand at a 2% value CAGR by 2032

Asia Pacific is expected to be an opportunistic market for Tubular Heater market growth.

Watlow, Chromalox, Friedr, Rotfil, Marathon Heater, Hotwatt, Acim Jouanin, Tutco, Inhe & Tesch, Thermo Heating Element LLC, Zhenjiang Dongfang Electric Heating Technology Co., Ltd. and Industrial Heater Corporation are some prominent Tubular Heater manufacturers

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Nikhil Kaitwade
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LinkedIn
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