Market Overview:
The global oil pre-heater market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for oil pre-heaters in various applications, such as waste oil and crude oil. In terms of type, the 4000 watt segment is projected to grow at a higher CAGR than other segments during the forecast period. Geographically, North America dominates the global market for oil pre-heaters due with a share of more than 30%.
Product Definition:
An oil pre-heater is a device used to heat the oil in an engine before it is started. This helps to reduce wear on the engine and also helps to improve fuel economy.
The global 2000 Watt is the power output of an electric heating system which is less than or equal to 2000 watt. The global market for pre-heating oil in automotive industry was estimated at USD 2,867.5 million in 2016 and it is expected to grow at a CAGR of XX% from 2017 - 2024.
2000-4000 Watt:
The global oil pre-heater market size was valued at USD 2.5 billion in 2015 and is expected to witness significant growth over the forecast period owing to its increasing demand from various end-use industries including power generation, chemical, food & beverages and others. The growing requirement for energy across the globe has led to an increase in electricity rates which further boosts the product demand as it is used as a heating medium for these high voltage transformers.
Application Insights:
The crude oil segment dominated the global demand with a share of over 70.0% in 2017. The growth can be attributed to the growing need for heating crude oil and its derivatives, such as resid, to facilitate their processing into various finished products at different temperatures. Pre-heating of crudes aids in minimizing operational costs and increasing efficiency by reducing energy consumption during heating operations.
Waste oil is expected to witness significant growth over the forecast period owing to stringent regulations regarding environmental protection across various regions coupled with rising awareness regarding effective utilization of waste oils through recycling processes at refineries and petrochemical plants. Increasing investments in refining projects along with favorable government regulations are anticipated to augment demand for pre-heaters used in waste oils applications from 2018 - 2030 thereby driving overall industry growth over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for energy-efficient equipment, high investments in exploration activities, and rising government initiatives favoring domestic manufacturing.
The Middle East & Africa is anticipated to witness significant growth over the next eight years owing to increasing oil production capacities in countries such as Saudi Arabia and UAE. In addition, growing crude oil exports from major economies including Iran are also likely to boost regional product demand during the forecast period.
North America emerged as a prominent consumer of pre-heaters with an estimated revenue share of 23% in 2017 on account of high consumption levels coupled with stringent environmental regulations by regulatory bodies such as U.S EPA (Environmental Protection Agency) regarding emission control standards for heating equipment used within petroleum refineries across U.S., Canada, and Mexico).
Growth Factors:
- Increasing demand for oil pre-heaters from the end-user industries, owing to the rise in production and processing of oil and gas
- Growing investments in the oil and gas sector, globally
- Rising awareness about energy conservation through use of efficient equipment such as oil pre-heaters
- Technological advancements in heating technologies for better performance and efficiency of oil pre-heaters
- Stringent environmental regulations to reduce emissions from industrial processes
Scope Of The Report
Report Attributes
Report Details
Report Title
Oil Pre-Heater Market Research Report
By Type
<2000 Watt, 2000-4000 Watt, >4000 Watt
By Application
Waste Oil, Crude Oil
By Companies
ETA Aalen, SAN Electro Heat, Funke Wärmeaústauscher, Danfoss, Bosch, Watlow, Wabtec, Hemstedt, MAXAM Equipment, Hi-Therm Boilers, Diversified Heat Transfer, GreenOil, Saz Boilers, Carlor Engineering, Process Heating Company, Pinnacle Equipments
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Oil Pre-Heater Market Report Segments:
The global Oil Pre-Heater market is segmented on the basis of:
Types
<2000 Watt, 2000-4000 Watt, >4000 Watt
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
Waste Oil, Crude Oil
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:
- ETA Aalen
- SAN Electro Heat
- Funke Wärmeaústauscher
- Danfoss
- Bosch
- Watlow
- Wabtec
- Hemstedt
- MAXAM Equipment
- Hi-Therm Boilers
- Diversified Heat Transfer
- GreenOil
- Saz Boilers
- Carlor Engineering
- Process Heating Company
- Pinnacle Equipments
Highlights of The Oil Pre-Heater Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- <2000 Watt
- 2000-4000 Watt
- >4000 Watt
- By Application:
- Waste Oil
- Crude Oil
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Oil Pre-Heater 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
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An oil pre-heater is a device that heats up engine oil before it enters the engine. This helps to prevent the oil from freezing and breaking down, which can cause problems with the engine.
Some of the major players in the oil pre-heater market are ETA Aalen, SAN Electro Heat, Funke WƒÂ¤rmeaƒÂºstauscher, Danfoss, Bosch, Watlow, Wabtec, Hemstedt, MAXAM Equipment, Hi-Therm Boilers, Diversified Heat Transfer, GreenOil, Saz Boilers, Carlor Engineering, Process Heating Company, Pinnacle Equipments.
The oil pre-heater market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Oil Pre-Heater Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Oil Pre-Heater Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Oil Pre-Heater Market - Supply Chain
4.5. Global Oil Pre-Heater Market Forecast
4.5.1. Oil Pre-Heater Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Oil Pre-Heater Market Size (000 Units) and Y-o-Y Growth
4.5.3. Oil Pre-Heater Market Absolute $ Opportunity
5. Global Oil Pre-Heater Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Oil Pre-Heater Market Size and Volume Forecast by Type
5.3.1. <2000 Watt
5.3.2. 2000-4000 Watt
5.3.3. >4000 Watt
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Oil Pre-Heater Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Oil Pre-Heater Market Size and Volume Forecast by Application
6.3.1. Waste Oil
6.3.2. Crude Oil
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Oil Pre-Heater Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Oil Pre-Heater Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Oil Pre-Heater Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Oil Pre-Heater Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Oil Pre-Heater Demand Share Forecast, 2019-2026
9. North America Oil Pre-Heater Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Oil Pre-Heater Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Oil Pre-Heater Market Size and Volume Forecast by Application
9.4.1. Waste Oil
9.4.2. Crude Oil
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Oil Pre-Heater Market Size and Volume Forecast by Type
9.7.1. <2000 Watt
9.7.2. 2000-4000 Watt
9.7.3. >4000 Watt
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Oil Pre-Heater Demand Share Forecast, 2019-2026
10. Latin America Oil Pre-Heater Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Oil Pre-Heater Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Oil Pre-Heater Market Size and Volume Forecast by Application
10.4.1. Waste Oil
10.4.2. Crude Oil
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Oil Pre-Heater Market Size and Volume Forecast by Type
10.7.1. <2000 Watt
10.7.2. 2000-4000 Watt
10.7.3. >4000 Watt
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Oil Pre-Heater Demand Share Forecast, 2019-2026
11. Europe Oil Pre-Heater Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Oil Pre-Heater Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Oil Pre-Heater Market Size and Volume Forecast by Application
11.4.1. Waste Oil
11.4.2. Crude Oil
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Oil Pre-Heater Market Size and Volume Forecast by Type
11.7.1. <2000 Watt
11.7.2. 2000-4000 Watt
11.7.3. >4000 Watt
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Oil Pre-Heater Demand Share, 2019-2026
12. Asia Pacific Oil Pre-Heater Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Oil Pre-Heater Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Oil Pre-Heater Market Size and Volume Forecast by Application
12.4.1. Waste Oil
12.4.2. Crude Oil
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Oil Pre-Heater Market Size and Volume Forecast by Type
12.7.1. <2000 Watt
12.7.2. 2000-4000 Watt
12.7.3. >4000 Watt
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Oil Pre-Heater Demand Share, 2019-2026
13. Middle East & Africa Oil Pre-Heater Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Oil Pre-Heater Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Oil Pre-Heater Market Size and Volume Forecast by Application
13.4.1. Waste Oil
13.4.2. Crude Oil
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Oil Pre-Heater Market Size and Volume Forecast by Type
13.7.1. <2000 Watt
13.7.2. 2000-4000 Watt
13.7.3. >4000 Watt
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Oil Pre-Heater Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Oil Pre-Heater Market: Market Share Analysis
14.2. Oil Pre-Heater Distributors and Customers
14.3. Oil Pre-Heater Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ETA Aalen
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SAN Electro Heat
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Funke Wärmeaústauscher
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Danfoss
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Bosch
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Watlow
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Wabtec
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hemstedt
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. MAXAM Equipment
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hi-Therm Boilers
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Diversified Heat Transfer
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. GreenOil
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Saz Boilers
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Carlor Engineering
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Process Heating Company
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Pinnacle Equipments
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
