Water Bath Heater Market size was valued at US$ 123.2 Mn. in 2021, and the total revenue is expected to grow by 4.6% from 2022 to 2029, reaching nearly US$ 176.54 Mn.
Water Bath Heater Market Overview:Governments globally are introducing stringent regulations against greenhouse gases; for instance, in the USA, the Environmental Protection Agency (EPA) has published final guidelines to minimize hazardous air pollutants (HAPs) emissions from oil and natural gas production, transmission, and storage facilities via Section 112 of the Clean Air Act. This, coupled with development in the oil and gas industry and the high efficiency of bath heaters, are expected to drive the global bath heater market. WBHs operate by immersing a process coil in a hot bath solution, such as a water-glycol mixture, molten salt, or oil. As it travels through the heaters tube bundles, it heats the oils or gas inside to 130 to 150 degrees Fahrenheit, but higher temperatures can be attained using an oil or molten salt bath solution.To know about the Research Methodology :- Request Free Sample Report
Water Bath Heater Market Dynamics:Development of the Oil and Gas Industry Shale oil and gas have played a crucial role in meeting global energy demand during the energy transition and are anticipated to continue for decades as society transitions to lower-carbon energy sources. Shale oil and gas expansion in the world has resulted in enhanced supply security and lower consumer prices. During the shift to cleaner energy sources, natural gases such as propane and butane are used to power homes, automobiles, and industry. Natural gas, predominantly related to gas produced from oil production, will continue to play an important part in the direct decarbonization of power generation while also providing backup energy for realistic, cost-effective solutions, low-carbon wind, and solar energy development. Governments are investing heavily in the oil and gas business; in India, for example, oil and gas projects worth Rs 1 lakh crore are expected to be completed by 2025. The US government invested $10 billion in the oil and gas industry during the pandemic, demonstrating its economic importance. WBHs use a simple, safe procedure, this indirect heating method helps to lessen the risk of explosion in coil failure. Heat transfer fluids, regeneration gas heating, vaporising and superheating LPG and LNG, and heating sensitive gases and fluids, such as crude oil, are typical applications. Thus, these oil and gas industry developments are expected to drive the global bath heater market. Applications and efficiency of Water Bath Heaters If no preheating is applied, subzero temperatures are likely to occur. Full-zero temperatures can cause embrittlement of piping and fittings and the production of ice and hydrates within the pipe, which can cause filter and regulator/valve seat blockage. As a result, heating using a Water Bath Heater is typically done before natural gas pressure reduction. Another application to avoid liquids and aerosols being pumped into engines and turbines is the heating of gas before entering gas engines in turbines. Another application is heating high-sulfur gas to avoid elemental sulfur deposition at regulator stations and in final engine/turbine pressure drops. The process gas to be heated passes via a serpentine-shaped coil located in the heater shell's upper reaches. The fire tube, which is placed in the lower portion of the heater shell, releases a controlled amount of heat. Heat is efficiently transferred from the fire tube in the bath media. The heat contained in the bath media is then transferred by natural convention into the process stream, which flows through the process coil. Due to applications in various industries and high efficiency of water bath heaters, the market is expected to grow steadily from 2022 to 2029.
Water Bath Heater Market Segment Analysis:In this report, the Water Bath Heater market is segmented by Product Type, by Board Type, by Material Type, by Application and by Geographical Region By Product Type, the global Water Bath Heater market is segmented into Salt Bath Heaters, Weir Bath Heaters and Others. A salt bath furnace is a ceramic or metal container filled with molten salt that is used to heat or cool items. Salts such as nitrates, nitrites, caustic soda, chlorides, carbonates, and cyanide are found in the furnace. The Weir bath heater is a slightly modified water bath heater. The absence of a coil distinguishes a Weir method bath heater. A fire-tube and a weir at the end of the fire tube are included in the bath vessel. The salt bath heater holds 55 percent market share in this segment, followed by weir bath heaters having 20 percent market share; this trend is expected to continue in the water bath heater market during the forecasted period. By Application, the Water Bath Heater Market is divided into the Oil and Gas Industry, Power Industry, and others. In 2021, the global oil and gas market was valued at USD 5871.32 billion and is expected to grow at a CAGR of 5.9 percent during the forecasted period. The oil and gas industry has a 76 percent market share in this segment, followed by Power Industry, which has a 21 percent market share.
Water Bath Heater Market Regional Insights:Because of the expansion in disposable income and development of the oil and gas industry in Asia-Pacific, the Water Bath Heater industry is expected to grow significantly. The Asia-Pacific region is expected to multiply in revenue generation in the forecast period. North America dominates the market due to technological advancements in a variety of industries, and this has led to the requirement for bath heaters, especially in the oil and gas industry. The Water Bath Heater's high efficiency and applicability across various industrial verticals are forecasted to drive demand in the slotted box market in Europe. With growing developments in the Middle East and Africa, the Water Bath Heater market is projected to grow steadily. The objective of the report is to present a comprehensive analysis of the Water Bath Heater Market to the stakeholders in the industry. The past and current status of the industry with the 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 include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have 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 understand the Water Bath Heater Market dynamics and structure by analyzing the market segments and projecting the Water Bath Heater Market size. Explicit representation of competitive analysis of key players by product, rice, financial position, product portfolio, growth strategies, and regional presence in the Water Bath Heater Market make the report investor's guide.
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Water Bath Heater Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 123.2 Mn. Forecast Period 2022 to 2029 CAGR: 4.6% Market Size in 2029: US $ 176.54 Mn. Segments Covered: by Product Type • Salt Bath Heaters • Weir Bath Heater • Others by Application • Oil and Gas • Power Industry • Others
Water Bath Heater Market, by Region• North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)
Water Bath Heater Market, Key Players are:• Dalian Energas Gas-System • Exotherm • Namdaran Engineering • Gasco • Sigma Thermal • SPEC Oil & Gas Technologies • AlliA Europe • Heatec/Astec • Ceba s.r.l. • Flaretec • AURA GmbH & Co. KG • Pietro Fiorentini • Northwest Instruments and Controls • Forain • TranAm Systems International Inc. Frequently Asked Questions: 1. Which region has the largest share in Global Water Bath Heater Market? Ans: Asia Pacific region held the highest share in 2021. 2. What is the growth rate of Global Water Bath Heater Market? Ans: The Global Water Bath Heater Market is growing at a CAGR of 4.6% during forecasting period 2022-2029. 3. What is scope of the Global Water Bath Heater Market report? Ans: Global Water Bath Heater Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Water Bath Heater Market? Ans: The important key players in the Global Water Bath Heater Market are – Dalian Energas Gas-System, Exotherm, Namdaran Engineering, Gasco, Sigma Thermal, SPEC Oil & Gas Technologies, AlliA Europe, Heatec/Astec, Ceba s.r.l., Flaretec, AURA GmbH & Co. KG, Pietro Fiorentini, Northwest Instruments and Controls, Forain, and TranAm Systems International Inc. 5. What is the study period of this Market? Ans: The Global Water Bath Heater Market is studied from 2021 to 2029.
1. Water Bath Heater Market: Research Methodology 2. Water Bath Heater Market: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Water Bath Heater Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Water Bath Heater Market: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12. COVID-19 Impact 4. Water Bath Heater Market Segmentation 4.1. Water Bath Heater Market, by Product Type (2021-2029) • Salt Bath Heaters • Weir Bath Heater • Others 4.2. Water Bath Heater Market, by Application (2021-2029) • Oil and Gas • Power Industry • Others 5. North America Water Bath Heater Market (2021-2029) 5.1. North America Water Bath Heater Market, by Product Type (2021-2029) • Salt Bath Heaters • Weir Bath Heater • Others 5.2. North America Water Bath Heater Market, by Application (2021-2029) • Oil and Gas • Power Industry • Others 5.3. North America Water Bath Heater Market, by Country (2021-2029) • US • Canada • Mexico 6. European Water Bath Heater Market (2021-2029) 6.1. European Water Bath Heater Market, by Product Type (2021-2029) 6.2. European Water Bath Heater Market, by Application (2021-2029) 6.3. European Water Bath Heater Market, by Country (2021-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Water Bath Heater Market (2021-2029) 7.1. Asia Pacific Water Bath Heater Market, by Product Type (2021-2029) 7.2. Asia Pacific Water Bath Heater Market, by Application (2021-2029) 7.3. Asia Pacific Water Bath Heater Market, by Country (2021-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Water Bath Heater Market (2021-2029) 8.1. Middle East and Africa Water Bath Heater Market, by Product Type (2021-2029) 8.2. Middle East and Africa Water Bath Heater Market, by Application (2021-2029) 8.3. Middle East and Africa Water Bath Heater Market, by Country (2021-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Water Bath Heater Market (2021-2029) 9.1. South America Water Bath Heater Market, by Product Type (2021-2029) 9.2. South America Water Bath Heater Market, by Application (2021-2029) 9.3. South America Water Bath Heater Market, by Country (2021-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1. Exotherm 10.1.1. Overview 10.1.2. Financial Overview 10.1.3. Presence 10.1.4. Product Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Dalian Energas Gas-System 10.3. Namdaran Engineering 10.4. Gasco 10.5. Sigma Thermal 10.6. SPEC Oil & Gas Technologies 10.7. AlliA Europe 10.8. Heatec/Astec 10.9. Ceba s.r.l. 10.10. Flaretec 10.11. AURA GmbH & Co. KG 10.12. Pietro Fiorentini 10.13. Northwest Instruments and Controls 10.14. Forain 10.15. TranAm Systems International Inc.