Thermal Oil Heaters Market Market to Expand with Significant CAGR During 2016 – 2026

Steam boilers and thermal oil heaters are functionally similar. Bio fuel, coal or oil is burned by combustion chamber. Oil heater coils are used to pass the oil through, which are ultimately deposited in the convection or zones or the radiant. The heat exchanger is used to process the oil pumped though the coils. The expansion pump takes care of thermal expansion. The cooler oil is stored in the tank and send back to the pump. The oxidation and vaporization of the oil is taken cared by the tanks.

Thermal oil heaters are used to supply heat up to 300 degree Celsius at very low pressure. In many applications such as natural gas heating and crude oil heating, thermal oil is able to replace steam. To transfer the heat from one hot source to another process, thermal oils are used. In the global market, the thermal oil heaters are available in oil fired and solid fuel fired versions. The global thermal oil heater industry players have designed thermal oil heaters that have capable of high capacity heating system, multi fuel option, requires minimum maintenance, over-bed and under-bed fuel firing systems and large in-bed and convective heat transfer area. The firing fuels that are used in the thermal oil heaters are heavy oils, light oils and gases.

Thermal oil are used in industries such as chemical and oil & gas. Thermal oil heaters are used for storage and transportation purpose of items, which have low solidification. Thermal oils are also widely used in large scale frying and baking in industrial kitchens. Thermal oil heaters are replacing steam heaters in the industrial laundries. Thermal oils are used as heat storage medium by solar thermal systems as well. Currently, the manufactures produce thermal oil heaters under their own brand names.

The global thermal oil heaters market is primarily driven by the growing demand from such as chemical and oil & gas. Properties such as high and even temperature of thermal oil is expected to drive the global thermal oil heaters market during the forecast period.

Thermal oil gets overheated due to sudden trips or unplanned shutdown. Thermal oil degrades due to overheating. Leakage of the oil in the combustion area leads to the mishaps. These factors are expected to inhibit the growth of the global thermal oil heater market during the forecast period.The global thermal oil heaters market by value is expected to expand at a CAGR of around 7–9% during the forecast period (2015-2025), due to increasing demand for thermal oil heaters from oil & gas and chemical industry.

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Yogesh Sengar

Yogesh Sengar is an experienced digital marketing professional. He tracks the latest trends and happenings in the digital marketing landscape, also offering his opinion on their impact on businesses. He has experience in both B2C and B2B markets. His hobbies include reading books and travelling.