Air Heater Tubes Market Forecast, Trend Analysis & Competition Tracking - Global Review 2021 to 2031

Status : Ongoing | Report Code : FACT616MR

The spread of Covid-19 crisis reduced the demand for air heater tubes in 2020 due to lockdown and trade barriers imposed on production and supply of goods &services. Now in 2021, the restrictions have been relieved to uplift global economic condition. Large manufacturing companies are consistently trying to get back to their earlier positions and recover anticedent losses through the technological advancements and development of better and highly advanced air heater equipments.

Top manufacturers including Alfa Laval Corporation, Daikin Industries, General Electric Company, Emerson Electric Corporation, Lennox International Incorporation, Dongfang Electric, Vaillant Group and Thermax Limited are adopting key prominent initiatives such as collaborations, acquisitions, overseas business expansions, new product developments, technological innovations, product innovations, strategic partnership agreements, portfolio diversification, research and developments, capacity utilizations, franchising, digital selling etc to gain market traction and improve global presence.

For instance, Alfa Laval Corporation introduced new gas-to-liquid plate heat exchangers on 2nd April, 2019. These are specially engineered to meet the needs of gas cooling duties and can handle exceptionally high temperatures as well as challenges of simultaneously working with both gas and liquid media.

This new plate heat exchanger portfolio promises a revolution for gas cooling duties. These offer greater thermal efficiency and their footprint is around 75 % smaller than shell-and-tubes used in the same applications. The new design enables very low pressure drop in applications that have very disappropriate flow rates between the two media. While a standard brazed plate heat exchanger supports media temperatures up to 225 degree celsius, the gas-to-liquid portfolio can handle gas temperature of 750 degree celsius suffering thermal fatigue. This portfolio expansion has improved the worldwide presence and reach of Alfa Laval Corporation.

On the other hand, Kelvion Corporation launched two new products for transforming waste heat into energy on 29th January, 2019 called ‘ the Exhaust Gas Heat Exchanger and the EcoMi Modular Economizer’. These two solutions introduced by the company for transforming waste heat into useful forms of energy can also reduce emissions, boost efficiency, improve imperformance as well as combat global warming.

The Exhaust Gas Heat Exchanger transfers heat produced by exhaust gases from combustion engines to a liquid. When heated up, this liquid can be used in cogeneration plants, combined heat and power plants, district heating systems, on board ships, bio gas plants and furnaces. It is easily replacable and service-friendly. The EcoMi modular economizer recovers residual heat from oil, gas or wood-fired boilers for reuse in other thermal operations.

The new model combines the economizer’s proven economic advantages with a modular design leading to even more savings and versatility. It is ideal for use in the paper, food, textiles, power and HVAC industries. With its vertical, horizontal or horizontal to vertical installation, it can be easily integrated into existing plants. It can handle a wide range of gas flow volumes and be fitted with different tube variants or sheet types to suit operating conditions. Such new product additions are adding significant contributions towards the development and progress of Kelvion leading to an extension in its market share globally.

Air heaters find a variety of applications in residential, commercial or industrial. While residential and commercial applications use air heaters room heaters or HVAC system, industrial application include drying, melting, preheating, calcining, and other chemical processes. As infrastructures are transforming worldwide, demand for central heating systems has propelled air heater installation, in turn, driving sales of air heater tubes.

In Industry, air heaters are utilized in applications such as packaging, automotive, plastics, rubber, electronics and textile. Rapidly growing semiconductor industry also utilizes air heaters. As air heaters find divergent applications in multiple industries, steady demand for air heater tubes. Growing adoption of renewable energy sources has led to rising installation of solar air heaters, in turn, presents lucrative opportunities for market players.

Broader application of solar thermal systems in multiple commercial applications including building, agricultural, and industrial drying is likely to push the adoption of air heater tubes in future.

Intense applications of air heaters in multiple process industries including oil & gas, power generation, food processing, water treatment, petrochemical, and food processing among many others are expected to fuel the process of the air heater tubes market. An extensive list of end users that utilize air heaters present gainful prospects for the air heater tubes market in the foreseeable future.

A new research report offering comprehensive insights and analysis is being compiled by Fact.MR. The landscape has been studied in detail, and projections for the period 2021-2031 have been offered on the basis of various parameters. The report also includes a detailed competitive analysis that profiles the business and product strategies of some of the leading players in the market. Few of the key participants include Tubecon, Tata Steel, Pennar and Webco.

With the lift of crude oil ban in January 2016, the United States witnessed increased growth in its oil and gas sector. The nation is considered to be major importer of crude oil. However, with growing trade relations across geographies, the United States showcased its potential as a rising exporter of energy.

The use of air heater tubes in the oil and gas industry, coupled with its potential growth in the United States, is expected to project potential growth opportunities for participants involved in air heater tubes.

The air heater tubes market in North America, significantly dominated by United States, is expected to witness a noteworthy growth with respect to revenue generation.

Remarkable Growth in the Cement Industry to Augur Significant Demand for Air Heater Tubes

Portland Cement Association has predicted a 2.8% growth in the consumption of cement in 2018 and 2019. By 2020, according to PCA, the growth is expected to touch 4% as spending on federal infrastructure is expected to increase.

This is expected to generate potential growth opportunities for use of air heater tubes in the US market. Moreover, in emerging economies in the Asia Pacific, for instance India, the demand for cement is expected to rise by 4.5%, according to ICRA during 2018-2019 timeline owing to the expansion of housing sector coupled with higher spending on infrastructure. Production of cement in India increased by 2.7% in a nine-month duration (April to December in 2017). The growth in the cement industry is likely to fuel the growth the market during the assessment period.

Developments in the Sugar Industry Will Influence Market

Boilers are used in the sugar industry, in which air heater tubes are installed to maintain the boiler efficiency by enabling efficient heat recovery. India is one of the biggest producers of sugar. The production of sugar is expected to increase by few lakh tones in 2018 as compared to 2017 production scenario.

According to the analysis of Food Ministry, the overall production of sugar is expected to be around 249 lakh tons as against 203 lakh tons in 2017.  India would be capable of exporting a higher percentage of sugar in the coming years. This is poised to fuel the adoption of boilers in the region, thus aiding the growth of the market.

This analytical research report on global air heater tubes market includes present market scenario as well as future analysis. The reader will gain incisive insights on every aspect associated with air heater tubes, with which he/she can plan business strategies to gain competitive edge in the market.

This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on

  • Market Dynamics
  • Market Size
  • Market Segments
  • Demand & Supply Trends
  • Current Issues and Challenges
  • Companies and Competitor Landscape
  • Value Chain
  • Technology

Regional Segments Analyzed Include

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. Africa)

Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.

Highlights from the Report

  • Elaborated scenario of the parent market
  • Transformations in the market dynamics
  • Detailed segmentation of the target market
  • Historical, current and forecast market size based on value and volume
  • Latest industry developments and trends
  • Competition landscape
  • Strategies adopted by the market players and product developments made
  • Potential and niche segments, along with their regional analysis
  • Unbiased analysis on performance of the market
  • Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness

Fact.MR offers custom research services that help clients to get specific research solutions

We are committed towards customer satisfaction and quality service.

Our Clients

Our Clients

Air Heater Tubes Market Forecast, Trend Analysis & Competition Tracking - Global Review 2021 to 2031