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Thermal Oil Heaters Market Trends Estimates High Demand by 2026
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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.
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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 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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