Global tubular heater market demand is expected to be valued at US$ 1.25 billion in 2022, rising at a CAGR of 2% to US$ 1.50 billion from 2022 to 2032. From 2021 to 2022, the market is expected to grow at a 1.6% year on year rate, with a market valuation of US$ 1.23 billion in 2021.
The rising demand for tubular heaters from various end-use industries such as automotive, chemical, oil and gas, and others is propelling growth in this market. The single-ended segment is expected to dominate the global tubular heaters market during the forecast period. This is because it is less expensive and easier to install than double-ended tubular heaters.
Tubular heaters can be straight or have one or more bends. They are used for both air heating and immersion purposes. They are, however, most commonly used for immersion applications and are chosen for terminating, wattage, mounting options, lengths, and material composition.
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They are also widely used in commercial, industrial, and scientific settings. They are available in a range of diameters, electrical ratings, terminations, lengths, and sheath materials. Some of the most common applications for tubular heaters include 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.
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.
Some Prominent Drivers Spearheading Tubular Heater Market Growth
Rising demand for heating equipment, as well as an increase in the number of green house plants, are expected to support tubular heater demand. Additionally, an increase in demand from end-use industries such as commercial, industrial, and scientific is expected to boost tubular heater demand.
Additionally, small-volume tube heaters produce more heat, which is expected to open up new opportunities for manufacturers. Heating components are an important part of most engineering heating systems. They also aid in the flow of energy from the system to generate heat. Because of their adaptability, their materials are ideal for direct heating applications.
Challenges Faced by the Tubular Heater Industry
Even though the demand for tubular heaters is growing among various end users, it has some limitations that are impeding market growth. They are not a cost-effective alternative due to the presence of metal material, which is relatively expensive. When compared to other heating systems, the exterior metal pipe may have an effect on heat loss and conduction. All of these factors are expected to dampen market growth.
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Asia-Pacific emerging as an Opportunistic Tubular Heater Market
Asia Pacific led the global market in 2017 and is expected to continue to do so throughout the forecast period. The region accounted for more than 30% of revenue due to significant demand from end-use sectors such as chemical, petrochemical, oil & gas, and power generation.
China is expected to remain a significant customer due to growing industrialization and increased government expenditures in energy-saving technology across several industry verticals.
North America Contributing to Growth of the Tubular Heater Market
Automotive and home electronics development is expected to boost market growth in developed regions such as North America. North America is quickly becoming a critical hub for global brand growth and innovation, making it an ideal location for the development and launch 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
- Key Segments Profiled in the Tubular Heater Industry Survey
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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
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