Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Air Preheaters Market by Type (Tubular Type Air Preheaters, Regenerative Air Preheaters, Regenerator), By Application (Thermal Power, Chemical Industry, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Air Preheaters Market by Type (Tubular Type Air Preheaters, Regenerative Air Preheaters, Regenerator), By Application (Thermal Power, Chemical Industry, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 431094 4200 Machinery & Equipment 377 239 Pages 4.6 (36)
                                          

Market Overview:


The global air preheaters market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for thermal power and chemical industry across the globe. Additionally, the growing awareness about energy conservation is also propelling the growth of this market. On the basis of type, tubular type air preheaters are expected to dominate the global air preheaters market during forecast period owing to their high efficiency and low operating cost as compared to other types of air preheaters. Regenerative air preheaters are projected to be fastest-growing segment during forecast period due their ability regenerate heat from flue gases which helps in reducing fuel consumption and emissions. Based on application, thermal power sector is anticipated hold dominant position in global Air Preheatres Market over next 10 years owing rising demand for electricity across globe coupled with stringent environmental regulations mandating use of more efficient technologies for power generation .


Global Air Preheaters Industry Outlook


Product Definition:


Air preheaters are devices used to heat air before it enters a furnace. The purpose of an air preheater is to increase the efficiency of the furnace by heating the air more completely before it is burned.


Tubular Type Air Preheaters:


Tubular type air preheaters are used to heat the gas or liquid for efficient transfer in a closed system. It is mainly used in air preheating systems of super-coolers, reheaters and condensers. The working principle of tubular type air preheater is based on the temperature difference between two fluids which flows through the tube and absorbs heat from one end and gives out at other end.


Regenerative Air Preheaters:


Regenerative air preheaters are used to heat the incoming air or exhausts gas to a higher temperature before it is introduced into the furnace. The regeneration process is carried out in order to reduce carbon monoxide, nitrogen oxide and other harmful emissions which are released from various industrial processes. Regenerative air preheaters have numerous benefits such as they help in reducing energy costs, improve plant efficiency & productivity and also contribute towards environmental protection by reducing greenhouse gas emissions.


Application Insights:


The thermal power application segment dominated the global air preheaters market in 2017, accounting for over 50.0% share of the total revenue. The segment is expected to witness significant growth on account of increasing demand for coal and other fossil fuels as an energy source to generate electricity, which in turn will drive industry expansion over the forecast period.


Increasing demand from various industries such as chemical, petrochemical and others are expected to further propel product demand globally. In addition, technological advancements coupled with cost-effective solutions are projected to open new avenues for regenerative air preheaters across various applications including chemical plants and refineries within next eight years from 2018 to 2030 ¢â‚¬Å“2030¢â‚¬ according Regenerator Association of America (RAA).


Regional Analysis:


North America dominated the global air preheaters market in 2017. The growth of the region can be attributed to increasing demand for energy, growing chemical and petrochemical industries, and rising environmental regulations by EPA. In North America, U.S is a major contributor to the market owing to its large thermal power capacity along with other applications such as cement industry which requires high-temperature heating equipment for efficient production of clinker & cement products respectively.


The Asia Pacific regional market is expected to witness significant growth over the forecast period due to rapid industrialization coupled with government initiatives encouraging FDI in various sectors including power generation sector are some of them). These factors are anticipated contribute towards increased adoption rate of regenerative air preheaters across countries such as China & India thereby boosting revenue generation from 2016 To 2030  in Asia Pacific region at a CAGR exceeding 6% during the forecast period.


Growth Factors:


  • Increasing demand for air preheaters from the thermal power industry as a result of the growing need for electricity worldwide.
  • The increasing popularity of Combined Heat and Power (CHP) systems, which use air preheaters to increase efficiency.
  • Growing concerns about climate change and the need to reduce greenhouse gas emissions, which is driving demand for more efficient heating technologies like air preheaters.
  • Rapid industrialization in developing countries like China and India, which is leading to increased demand for air preheaters in those regions’ burgeoning manufacturing sectors.

Scope Of The Report

Report Attributes

Report Details

Report Title

Air Preheaters Market Research Report

By Type

Tubular Type Air Preheaters, Regenerative Air Preheaters, Regenerator

By Application

Thermal Power, Chemical Industry, Others

By Companies

Maxxtec, Mitsubishi Hitachi Power Systems, SPX Heat Transfer, IMECO Limited, AIR SYSTEMS, Howden, Alstom Power Inc, Kelvion, Aerotherm Heaters, Yu Hong Electric Power Equipment Engineering

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

239

Number of Tables & Figures

168

Customization Available

Yes, the report can be customized as per your need.


Global Air Preheaters Market Report Segments:

The global Air Preheaters market is segmented on the basis of:

Types

Tubular Type Air Preheaters, Regenerative Air Preheaters, Regenerator

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Thermal Power, Chemical Industry, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Maxxtec
  2. Mitsubishi Hitachi Power Systems
  3. SPX Heat Transfer
  4. IMECO Limited
  5. AIR SYSTEMS
  6. Howden
  7. Alstom Power Inc
  8. Kelvion
  9. Aerotherm Heaters
  10. Yu Hong Electric Power Equipment Engineering

Global Air Preheaters Market Overview


Highlights of The Air Preheaters Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Tubular Type Air Preheaters
    2. Regenerative Air Preheaters
    3. Regenerator
  1. By Application:

    1. Thermal Power
    2. Chemical Industry
    3. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Air Preheaters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Air Preheaters Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


An air preheater is a device that helps to increase the temperature of air before it enters a furnace or boiler. This allows the air to enter the furnace or boiler more quickly, which in turn reduces energy consumption and emissions.

Some of the key players operating in the air preheaters market are Maxxtec, Mitsubishi Hitachi Power Systems, SPX Heat Transfer, IMECO Limited, AIR SYSTEMS, Howden, Alstom Power Inc, Kelvion, Aerotherm Heaters, Yu Hong Electric Power Equipment Engineering.

The air preheaters market is expected to grow at a compound annual growth rate of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Air Preheaters Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 Air Preheaters Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Air Preheaters Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the Air Preheaters Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global Air Preheaters Market Size & Forecast, 2020-2028       4.5.1 Air Preheaters Market Size and Y-o-Y Growth       4.5.2 Air Preheaters Market Absolute $ Opportunity

Chapter 5 Global  Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2  Market Size Forecast by Type
      5.2.1 Tubular Type Air Preheaters
      5.2.2 Regenerative Air Preheaters
      5.2.3 Regenerator
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2  Market Size Forecast by Applications
      6.2.1 Thermal Power
      6.2.2 Chemical Industry
      6.2.3 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Air Preheaters Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Air Preheaters Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America  Analysis and Forecast
   9.1 Introduction
   9.2 North America  Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America  Market Size Forecast by Type
      9.6.1 Tubular Type Air Preheaters
      9.6.2 Regenerative Air Preheaters
      9.6.3 Regenerator
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America  Market Size Forecast by Applications
      9.10.1 Thermal Power
      9.10.2 Chemical Industry
      9.10.3 Others
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe  Market Size Forecast by Type
      10.6.1 Tubular Type Air Preheaters
      10.6.2 Regenerative Air Preheaters
      10.6.3 Regenerator
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe  Market Size Forecast by Applications
      10.10.1 Thermal Power
      10.10.2 Chemical Industry
      10.10.3 Others
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific  Market Size Forecast by Type
      11.6.1 Tubular Type Air Preheaters
      11.6.2 Regenerative Air Preheaters
      11.6.3 Regenerator
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific  Market Size Forecast by Applications
      11.10.1 Thermal Power
      11.10.2 Chemical Industry
      11.10.3 Others
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America  Market Size Forecast by Type
      12.6.1 Tubular Type Air Preheaters
      12.6.2 Regenerative Air Preheaters
      12.6.3 Regenerator
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America  Market Size Forecast by Applications
      12.10.1 Thermal Power
      12.10.2 Chemical Industry
      12.10.3 Others
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA)  Market Size Forecast by Type
      13.6.1 Tubular Type Air Preheaters
      13.6.2 Regenerative Air Preheaters
      13.6.3 Regenerator
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA)  Market Size Forecast by Applications
      13.10.1 Thermal Power
      13.10.2 Chemical Industry
      13.10.3 Others
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Air Preheaters Market: Competitive Dashboard
   14.2 Global Air Preheaters Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Maxxtec
      14.3.2 Mitsubishi Hitachi Power Systems
      14.3.3 SPX Heat Transfer
      14.3.4 IMECO Limited
      14.3.5 AIR SYSTEMS
      14.3.6 Howden
      14.3.7 Alstom Power Inc
      14.3.8 Kelvion
      14.3.9 Aerotherm Heaters
      14.3.10 Yu Hong Electric Power Equipment Engineering

Our Trusted Clients

Contact Us