Fired Heaters Market Industry report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.
Los Angeles, CA -- (SBWIRE) -- 12/03/2019 -- The global Fired Heaters market is projected to witness significant growth in the coming years on account of growing need for Fired Heaters among refinery and petrochemical industries. Fired Heaters are extensively used in various processing facilities to heat liquids or gases up to a required temperature. Manufactures are emphasising on innovating new materials and processes to improve cost efficiency, along with sustainability.
The Fired Heaters market has been undergoing a number of product launches since past few years. For instance, Solid Fuel Fired Fluid Heater introduced by a key company, called Thermax Limited. Low power consumption, enhanced combustion thermal efficiency, and reduced floor space requirements are some of the key features of this heater.
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Manufacturers to launch new products to gain traction in the Fired Heaters market
The report provides key details about leading players operating in the global Fired Heaters market such as Struthers Wells, G.C. Broach, The Linde Group, Optimized Process Furnaces, INC., Sigma Thermal, Thermax Limited, UnitBirwelco, John Wood Group PLC, Aggreko plc, Exotherm Corporation, Boustead International Heaters, and Shelter and Brink Ltd.
? Direct-fired heaters
? Gas Oil Hydrotreater
? Crude Distillation
? Vacuum Distillation
? Indirect fired heaters
? Vertical cylindrical
? Horizontal cylindrical
? Cabin type
By End Use
As per the market analysts, demand for direct-fired heaters is greater on account of their durability, cost-effectiveness, and widespread application. Direct-fired heaters find usage in applications, wherein fuel gas is available and there is a need for high volume oil treating. However, these type of heaters require special safety equipment.
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Asia Pacific is expected to witness lucrative growth in the near future. Presence of a number of chemical and petrochemical process equipment facilities in China is expected to support the Fired Heaters market growth in Asia Pacific. In addition, manufacturers are utilizing the growth potential of the country by strengthening their distribution. India is also likely to emerge as a key contributor to the regional market growth owing to emergence of manufacturing facilities of chemical & petrochemical products & equipment.