Electric Fuel Oil Heaters Market is expected to grow at a CAGR of 4.5% during the forecast period and is expected to reach US$ 23.66 Bn by 2027. The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.Electric fuel oil heaters are used to heat fuel oil at the desired temperature before combusted in the furnace. Electric fuel oil heaters are playing a vital role in manufacturing and processing applications. The Usage of the electric fuel oil heater delivers features like machine efficiency and less energy consumption. The Electric fuel oil heaters have wide uses in different end-user industries, where efficient and reliable heating applications are needed. The rapid expansion of the end-user industries is driving the global electric fuel oil heaters market growth. On the other hand, the development of the electrical vehicle, which does not require an electric fuel oil heater is expected to limit the growth of the global electric fuel oil heaters market.
Global Electric Fuel Oil Heaters Market Dynamics:
Global Electric Fuel Oil Heaters Market Segment Analysis:
The screw plug type segment is expected to contribute XX% rate of CAGR to the global electric fuel oil heaters market during the forecast period. The screw plug heaters are used for heating gas or liquid to obtain a heat transfer rate for quick heating. Electric fuel oil heaters are used in different industries like pharmaceutical, food, chemical, and forging, wherein the heating process includes usage of boiler or furnace. The chemical industry is expected to grow at an XX% rate of CAGR during the forecast period. The electric process heaters are required for processing chemical action. The chemical heating reduces the viscosity of liquids. Chemical companies are expected to optimize the possible benefit of electric fuel oil heaters to maintain their respective market share and maximize efficiency.Global Electric Fuel Oil Heaters Market Regional Analysis:
The Asia Pacific region is expected to contribute XX% share in the global electric fuel oil heaters market during the forecast period. The region is a key potential market for electric fuel oil heaters because of the presence of the chemical and pharmaceutical industries, which need heating applications. The Asia Pacific is the third-largest pharmaceutical market across the globe followed by North America and Europe respectively. The pharmaceutical industry in the region is expected to grow at a rapid rate thanks to the aging population and the impending expiry of patented drugs. The growing pharmaceutical industry is increasing the need for electric fuel oil heaters that are expected to drive regional market growth. Some of the prominent key players in the market are focusing on the introduction of innovative solutions to increase their market share. The objective of the report is to present a comprehensive analysis of the global electric fuel oil heaters market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding global electric fuel oil heaters market dynamics, structure by analyzing the market segments and projects the global electric fuel oil heaters market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Electric Fuel Oil Heaters Market make the report investor’s guide.Global Electric Fuel Oil Heaters Market Scope:
Global Electric Fuel Oil Heaters Market, By Type
• Flange Type • Screw Plug TypeGlobal Electric Fuel Oil Heaters Market, By End-User
• Pharmaceutical • Food • Chemical • Forging • OthersGlobal Electric Fuel Oil Heaters Market, By Region
• North America • Europe • Asia Pacific • Middle East & Africa • South AmericaGlobal Electric Fuel Oil Heaters Market Key Players:
• Warren Electric Corporation • San Electro Heat • Saz Boilers • Bosch • Modin Manufacturing • Delta T • Wattco • Bobst • Chromalox • Universal Hydraulik • Elmess • Sigma Thermal • Cast Aluminium Solutions, LLC • WATTCO • Thermal Fluid System • Heat Exchange & Transfer, Inc.
Global Electric Fuel Oil Heaters Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Electric Fuel Oil Heaters Market 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Electric Fuel Oil Heaters Market Analysis and Forecast 6.1. Electric Fuel Oil Heaters Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Electric Fuel Oil Heaters Market Analysis and Forecast, By Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Electric Fuel Oil Heaters Market Value Share Analysis, By Type 7.4. Electric Fuel Oil Heaters Market Size (US$ Bn) Forecast, By Type 7.5. Electric Fuel Oil Heaters Market Analysis, By Type 7.6. Electric Fuel Oil Heaters Market Attractiveness Analysis, By Type 8. Electric Fuel Oil Heaters Market Analysis and Forecast, By End-User 8.1. Introduction and Definition 8.2. Key Findings 8.3. Electric Fuel Oil Heaters Market Value Share Analysis, By End-User 8.4. Electric Fuel Oil Heaters Market Size (US$ Bn) Forecast, By End-User 8.5. Electric Fuel Oil Heaters Market Analysis, By End-User 8.6. Electric Fuel Oil Heaters Market Attractiveness Analysis, By End-User 9. Electric Fuel Oil Heaters Market Analysis, by Region 9.1. Electric Fuel Oil Heaters Market Value Share Analysis, by Region 9.2. Electric Fuel Oil Heaters Market Size (US$ Bn) Forecast, by Region 9.3. Electric Fuel Oil Heaters Market Attractiveness Analysis, by Region 10. North America Electric Fuel Oil Heaters Market Analysis 10.1. Key Findings 10.2. North America Electric Fuel Oil Heaters Market Overview 10.3. North America Electric Fuel Oil Heaters Market Value Share Analysis, By Type 10.4. North America Electric Fuel Oil Heaters Market Forecast, By Type 10.4.1. Flange Type 10.4.2. Screw Plug Type 10.5. North America Electric Fuel Oil Heaters Market Value Share Analysis, By End-User 10.6. North America Electric Fuel Oil Heaters Market Forecast, By End-User 10.6.1. Pharmaceutical 10.6.2. Food 10.6.3. Chemical 10.6.4. Forging 10.7. North America Electric Fuel Oil Heaters Market Value Share Analysis, by Country 10.8. North America Electric Fuel Oil Heaters Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Electric Fuel Oil Heaters Market Analysis, by Country 10.10. U.S. Electric Fuel Oil Heaters Market Forecast, By Type 10.10.1. Flange Type 10.10.2. Screw Plug Type 10.11. U.S. Electric Fuel Oil Heaters Market Forecast, By End-User 10.11.1. Pharmaceutical 10.11.2. Food 10.11.3. Chemical 10.11.4. Forging 10.12. Canada Electric Fuel Oil Heaters Market Forecast, By Type 10.12.1. Flange Type 10.12.2. Screw Plug Type 10.13. Canada Electric Fuel Oil Heaters Market Forecast, By End-User 10.13.1. Pharmaceutical 10.13.2. Food 10.13.3. Chemical 10.13.4. Forging 10.14. North America Electric Fuel Oil Heaters Market Attractiveness Analysis 10.14.1. By Type 10.14.2. By End-User 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe Electric Fuel Oil Heaters Market Analysis 11.1. Key Findings 11.2. Europe Electric Fuel Oil Heaters Market Overview 11.3. Europe Electric Fuel Oil Heaters Market Value Share Analysis, By Type 11.4. Europe Electric Fuel Oil Heaters Market Forecast, By Type 11.4.1. Flange Type 11.4.2. Screw Plug Type 11.5. Europe Electric Fuel Oil Heaters Market Value Share Analysis, By End-User 11.6. Europe Electric Fuel Oil Heaters Market Forecast, By End-User 11.6.1. Pharmaceutical 11.6.2. Food 11.6.3. Chemical 11.6.4. Forging 11.7. Europe Electric Fuel Oil Heaters Market Value Share Analysis, by Country 11.8. Europe Electric Fuel Oil Heaters Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Russia 11.8.7. Norway 11.8.8. Rest of Europe 11.9. Europe Electric Fuel Oil Heaters Market Analysis, by Country 11.10. Germany Electric Fuel Oil Heaters Market Forecast, By Type 11.10.1. Flange Type 11.10.2. Screw Plug Type 11.11. Germany Electric Fuel Oil Heaters Market Forecast, By End-User 11.11.1. Pharmaceutical 11.11.2. Food 11.11.3. Chemical 11.11.4. Forging 11.12. U.K. Electric Fuel Oil Heaters Market Forecast, By Type 11.12.1. Flange Type 11.12.2. Screw Plug Type 11.13. U.K. Electric Fuel Oil Heaters Market Forecast, By End-User 11.13.1. Pharmaceutical 11.13.2. Food 11.13.3. Chemical 11.13.4. Forging 11.14. France Electric Fuel Oil Heaters Market Forecast, By Type 11.14.1. Flange Type 11.14.2. Screw Plug Type 11.15. France Electric Fuel Oil Heaters Market Forecast, By End-User 11.15.1. Pharmaceutical 11.15.2. Food 11.15.3. Chemical 11.15.4. Forging 11.16. Italy Electric Fuel Oil Heaters Market Forecast, By Type 11.16.1. Flange Type 11.16.2. Screw Plug Type 11.17. Italy Electric Fuel Oil Heaters Market Forecast, By End-User 11.17.1. Pharmaceutical 11.17.2. Food 11.17.3. Chemical 11.17.4. Forging 11.18. Spain Electric Fuel Oil Heaters Market Forecast, By Type 11.18.1. Flange Type 11.18.2. Screw Plug Type 11.19. Spain Electric Fuel Oil Heaters Market Forecast, By End-User 11.19.1. Pharmaceutical 11.19.2. Food 11.19.3. Chemical 11.19.4. Forging 11.20. Russia Electric Fuel Oil Heaters Market Forecast, By Type 11.20.1. Flange Type 11.20.2. Screw Plug Type 11.21. Russia Electric Fuel Oil Heaters Market Forecast, By End-User 11.21.1. Pharmaceutical 11.21.2. Food 11.21.3. Chemical 11.21.4. Forging 11.22. Norway Electric Fuel Oil Heaters Market Forecast, By Type 11.22.1. Flange Type 11.22.2. Screw Plug Type 11.23. Norway Electric Fuel Oil Heaters Market Forecast, By End-User 11.23.1. Pharmaceutical 11.23.2. Food 11.23.3. Chemical 11.23.4. Forging 11.24. Rest of Europe Electric Fuel Oil Heaters Market Forecast, By Type 11.24.1. Flange Type 11.24.2. Screw Plug Type 11.25. Rest of Europe Electric Fuel Oil Heaters Market Forecast, By End-User 11.25.1. Pharmaceutical 11.25.2. Food 11.25.3. Chemical 11.25.4. Forging 11.26. Europe Electric Fuel Oil Heaters Market Attractiveness Analysis 11.26.1. By Type 11.26.2. By End-User 11.27. PEST Analysis 11.28. Key Trends 11.29. Key Developments 12. Asia Pacific Electric Fuel Oil Heaters Market Analysis 12.1. Key Findings 12.2. Asia Pacific Electric Fuel Oil Heaters Market Overview 12.3. Asia Pacific Electric Fuel Oil Heaters Market Value Share Analysis, By Type 12.4. Asia Pacific Electric Fuel Oil Heaters Market Forecast, By Type 12.4.1. Flange Type 12.4.2. Screw Plug Type 12.5. Asia Pacific Electric Fuel Oil Heaters Market Value Share Analysis, By End-User 12.6. Asia Pacific Electric Fuel Oil Heaters Market Forecast, By End-User 12.6.1. Pharmaceutical 12.6.2. Food 12.6.3. Chemical 12.6.4. Forging 12.7. Asia Pacific Electric Fuel Oil Heaters Market Value Share Analysis, by Country 12.8. Asia Pacific Electric Fuel Oil Heaters Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. South Korea 12.8.5. Australia 12.8.6. Indonesia 12.8.7. Malaysia 12.8.8. Vietnam 12.8.9. Rest of Asia Pacific 12.9. Asia Pacific Electric Fuel Oil Heaters Market Analysis, by Country 12.10. China Electric Fuel Oil Heaters Market Forecast, By Type 12.10.1. Flange Type 12.10.2. Screw Plug Type 12.11. China Electric Fuel Oil Heaters Market Forecast, By End-User 12.11.1. Pharmaceutical 12.11.2. Food 12.11.3. Chemical 12.11.4. Forging 12.12. India Electric Fuel Oil Heaters Market Forecast, By Type 12.12.1. Flange Type 12.12.2. Screw Plug Type 12.13. India Electric Fuel Oil Heaters Market Forecast, By End-User 12.13.1. Pharmaceutical 12.13.2. Food 12.13.3. Chemical 12.13.4. Forging 12.14. Japan Electric Fuel Oil Heaters Market Forecast, By Type 12.14.1. Flange Type 12.14.2. Screw Plug Type 12.15. Japan Electric Fuel Oil Heaters Market Forecast, By End-User 12.15.1. Pharmaceutical 12.15.2. Food 12.15.3. Chemical 12.15.4. Forging 12.16. South Korea Electric Fuel Oil Heaters Market Forecast, By Type 12.16.1. Flange Type 12.16.2. Screw Plug Type 12.17. South Korea Electric Fuel Oil Heaters Market Forecast, By End-User 12.17.1. Pharmaceutical 12.17.2. Food 12.17.3. Chemical 12.17.4. Forging 12.18. Australia Electric Fuel Oil Heaters Market Forecast, By Type 12.18.1. Flange Type 12.18.2. Screw Plug Type 12.19. Australia Electric Fuel Oil Heaters Market Forecast, By End-User 12.19.1. Pharmaceutical 12.19.2. Food 12.19.3. Chemical 12.19.4. Forging 12.20. Indonesia Electric Fuel Oil Heaters Market Forecast, By Type 12.20.1. Flange Type 12.20.2. Screw Plug Type 12.21. Indonesia Electric Fuel Oil Heaters Market Forecast, By End-User 12.21.1. Pharmaceutical 12.21.2. Food 12.21.3. Chemical 12.21.4. Forging 12.22. Malaysia Electric Fuel Oil Heaters Market Forecast, By Type 12.22.1. Flange Type 12.22.2. Screw Plug Type 12.23. Malaysia Electric Fuel Oil Heaters Market Forecast, By End-User 12.23.1. Pharmaceutical 12.23.2. Food 12.23.3. Chemical 12.23.4. Forging 12.24. Vietnam Electric Fuel Oil Heaters Market Forecast, By Type 12.24.1. Flange Type 12.24.2. Screw Plug Type 12.25. Vietnam Electric Fuel Oil Heaters Market Forecast, By End-User 12.25.1. Pharmaceutical 12.25.2. Food 12.25.3. Chemical 12.25.4. Forging 12.26. Rest of Asia Pacific Electric Fuel Oil Heaters Market Forecast, By Type 12.26.1. Flange Type 12.26.2. Screw Plug Type 12.27. Rest of Asia Pacific Electric Fuel Oil Heaters Market Forecast, By End-User 12.27.1. Pharmaceutical 12.27.2. Food 12.27.3. Chemical 12.27.4. Forging 12.28. Asia Pacific Electric Fuel Oil Heaters Market Attractiveness Analysis 12.28.1. By Type 12.28.2. By End-User 12.29. PEST Analysis 12.30. Key Trends 12.31. Key Developments 13. Middle East & Africa Electric Fuel Oil Heaters Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Electric Fuel Oil Heaters Market Overview 13.3. Middle East & Africa Electric Fuel Oil Heaters Market Value Share Analysis, By Type 13.4. Middle East & Africa Electric Fuel Oil Heaters Market Forecast, By Type 13.4.1. Flange Type 13.4.2. Screw Plug Type 13.5. Middle East & Africa Electric Fuel Oil Heaters Market Value Share Analysis, By End-User 13.6. Middle East & Africa Electric Fuel Oil Heaters Market Forecast, By End-User 13.6.1. Pharmaceutical 13.6.2. Food 13.6.3. Chemical 13.6.4. Forging 13.7. Middle East & Africa Electric Fuel Oil Heaters Market Value Share Analysis, by Country 13.8. Middle East & Africa Electric Fuel Oil Heaters Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Electric Fuel Oil Heaters Market Analysis, by Country 13.10. GCC Electric Fuel Oil Heaters Market Forecast, By Type 13.10.1. Flange Type 13.10.2. Screw Plug Type 13.11. GCC Electric Fuel Oil Heaters Market Forecast, By End-User 13.11.1. Pharmaceutical 13.11.2. Food 13.11.3. Chemical 13.11.4. Forging 13.12. South Africa Electric Fuel Oil Heaters Market Forecast, By Type 13.12.1. Flange Type 13.12.2. Screw Plug Type 13.13. South Africa Electric Fuel Oil Heaters Market Forecast, By End-User 13.13.1. Pharmaceutical 13.13.2. Food 13.13.3. Chemical 13.13.4. Forging 13.14. Rest of Middle East & Africa Electric Fuel Oil Heaters Market Forecast, By Type 13.14.1. Flange Type 13.14.2. Screw Plug Type 13.15. Rest of Middle East & Africa Electric Fuel Oil Heaters Market Forecast, By End-User 13.15.1. Pharmaceutical 13.15.2. Food 13.15.3. Chemical 13.15.4. Forging 13.16. Middle East & Africa Electric Fuel Oil Heaters Market Attractiveness Analysis 13.16.1. By Type 13.16.2. By End-User 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America Electric Fuel Oil Heaters Market Analysis 14.1. Key Findings 14.2. South America Electric Fuel Oil Heaters Market Overview 14.3. South America Electric Fuel Oil Heaters Market Value Share Analysis, By Type 14.4. South America Electric Fuel Oil Heaters Market Forecast, By Type 14.4.1. Flange Type 14.4.2. Screw Plug Type 14.5. South America Electric Fuel Oil Heaters Market Value Share Analysis, By End-User 14.6. South America Electric Fuel Oil Heaters Market Forecast, By End-User 14.6.1. Pharmaceutical 14.6.2. Food 14.6.3. Chemical 14.6.4. Forging 14.7. South America Electric Fuel Oil Heaters Market Value Share Analysis, By End-User 14.8. South America Electric Fuel Oil Heaters Market Value Share Analysis, by Country 14.9. South America Electric Fuel Oil Heaters Market Forecast, by Country 14.9.1. Brazil 14.9.2. Mexico 14.9.3. Argentina 14.9.4. Rest of South America 14.10. South America Electric Fuel Oil Heaters Market Analysis, by Country 14.11. Brazil Electric Fuel Oil Heaters Market Forecast, By Type 14.11.1. Flange Type 14.11.2. Screw Plug Type 14.12. Brazil Electric Fuel Oil Heaters Market Forecast, By End-User 14.12.1. Pharmaceutical 14.12.2. Food 14.12.3. Chemical 14.12.4. Forging 14.13. Mexico Electric Fuel Oil Heaters Market Forecast, By Type 14.13.1. Flange Type 14.13.2. Screw Plug Type 14.14. Mexico Electric Fuel Oil Heaters Market Forecast, By End-User 14.14.1. Pharmaceutical 14.14.2. Food 14.14.3. Chemical 14.14.4. Forging 14.15. Argentina Electric Fuel Oil Heaters Market Forecast, By Type 14.15.1. Flange Type 14.15.2. Screw Plug Type 14.16. Argentina Electric Fuel Oil Heaters Market Forecast, By End-User 14.16.1. Pharmaceutical 14.16.2. Food 14.16.3. Chemical 14.16.4. Forging 14.17. Rest of South America Electric Fuel Oil Heaters Market Forecast, By Type 14.17.1. Flange Type 14.17.2. Screw Plug Type 14.18. Rest of South America Electric Fuel Oil Heaters Market Forecast, By End-User 14.18.1. Pharmaceutical 14.18.2. Food 14.18.3. Chemical 14.18.4. Forging 14.19. South America Electric Fuel Oil Heaters Market Attractiveness Analysis 14.19.1. By Type 14.19.2. By End-User 14.20. PEST Analysis 14.21. Key Trends 14.22. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Warren Electric Corporation 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Development Footprint 15.3.2. San Electro Heat 15.3.3. Saz Boilers 15.3.4. Bosch 15.3.5. Modin Manufacturing 15.3.6. Delta T 15.3.7. Wattco 15.3.8. Bobst 15.3.9. Chromalox 15.3.10. Universal Hydraulik 15.3.11. Elmess 15.3.12. Sigma Thermal 15.3.13. Cast Aluminium Solutions, LLC 15.3.14. WATTCO 15.3.15. Thermal Fluid System 15.3.16. Heat Exchange & Transfer, Inc. Primary key Insights