Product Code: A53706
The global line heaters market was valued at $20.8 million in 2021, and is projected to reach $34.4 million by 2031, growing at a CAGR of 5.4% from 2022 to 2031.
Line heaters are type of production and processing equipment used to maintain the temperature of the gas in a flow line above the hydrate temperature (freezing temperature). Three components that are commonly found in a line heater include a liquid bath, a fire tube, and a process coil. The key role of line heaters equipment is to lower the formulation of hydrate during the oil field operations. The pre-assembled line heaters include coil, heater and fuel gas system and have rated capacities from 1-4.0 MM BTU/hr. The customization in the line heaters can be done according to the application which increases the demand for line heaters in different end users.
One of the major factors contributing toward the line heater market growth are changes in shale oil and gas exploration activity. Line heaters can improve performance, control operating costs, and reduce unscheduled equipment & well shutdowns. Moreover, both the developing oil and gas drilling industry and increasing adoption of high-power heating equipment contribute to the rapid growth of the line heaters market. Major oil and gas companies create opportunities for line heaters market industry by investing more resources in exploration projects.
The line heaters come with the several advantages such as reduction of downtime of machines, prevention of the formation of hydrates in pipeline and reduction of the maintenance cost of pipelines. This is expected to drive the demand for line heaters equipment in the oil and gas industry. Line heaters are used in several applications of manufacturing processes. The line heaters are perfect solution for maintaining precise temperature control over processes, which increases the demand for line heaters in the market.
Adopting innovative techniques for flare elimination, mitigating fugitive emissions and addressing liquids and gas leaks are the key investment priorities for well site engineers. Favorable government initiatives for the adoption of line heaters at production site drive the market growth in near future. Global demand for line heaters is being driven by efforts to reduce pipeline maintenance costs and tighten worker safety regulations in different regions.
Today, oil exploration companies are engaged in the findingand building of excavation projects on both onshore and offshore. Increase in the oil well excavation projects in the different regions is projected to create opportunities for the global line heaters market.
For the purpose of analysis, the line heaters market is segmented on the basis of type, size, end use and region. On the basis of type, the market is bifurcated into direct line heaters and indirect line heaters. On the basis of size, the market is divided into 1 MM BTU, 1.5 MM BTU and 2 MM BTU. On the basis of end use, the market is categorized into oil and gas industry, chemical industry, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Presently, North America accounts for the largest share of the market, followed by LAMEA.
Major players operating in the global line heaters industry include: Arc Energy., Forum Energy Technologies, Inc., ENERFLEX LTD., Integrated Flow Solutions, Inc., Inclusive Energy Ltd., Surplus Energy., Honeywell International Inc., Allmand Bros., Inc., Sigma Thermal Inc., 12:eleven Production Equipment Inc., and Aspire Energy Resources Inc.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the line heaters market analysis from 2021 to 2031 to identify the prevailing line heaters market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the line heaters market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global line heaters market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
- Indirect Line Heaters
- Direct Line Heaters
By Size
- 1 MM BTU
- 1.5 MM BTU
- 2 MM BTU
By End Use
- Oil and Gas Industry
- Category
- Upstream
- Downstream
- Midstream
- Chemical Industry
- Others
By Region
- North America
- Europe
- Russia
- Norway
- UK
- Germany
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- UAE
- Rest of LAMEA
Key Market Players:
- Honeywell International Inc.
- Arc Energy.
- Allmand Bros., Inc.
- ENERFLEX LTD.
- Integrated Flow Solutions, Inc.
- Inclusivenergy LTD.
- Surplus Energy.
- Sigma Thermal Inc
- 12:eleven Production Equipment
- Aspire Energy Resources Inc.
- Forum Energy Technologies, Inc.
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Bargaining power of suppliers
- 3.3.2. Bargaining power of buyers
- 3.3.3. Threat of substitutes
- 3.3.4. Threat of new entrants
- 3.3.5. Intensity of rivalry
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Rise in Demand For Well Site Facilities
- 3.4.1.2. Mitigating Risk of Pipeline and Firetube Failures
- 3.4.2. Restraints
- 3.4.2.1. Market Accessibility to Alternatives
- 3.4.3. Opportunities
- 3.4.3.1. Rise in Investment in Oil Exploration and Production Projects in Regions With Low Temperature
- 3.5. COVID-19 Impact Analysis on the market
- 3.6. Value Chain Analysis
CHAPTER 4: LINE HEATERS MARKET, BY TYPE
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Indirect Line Heaters
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Direct Line Heaters
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
CHAPTER 5: LINE HEATERS MARKET, BY SIZE
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. 1 MM BTU
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. 1.5 MM BTU
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. 2 MM BTU
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
CHAPTER 6: LINE HEATERS MARKET, BY END USE
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Oil and Gas Industry
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.2.4. Oil and Gas Industry Line Heaters Market by Category
- 6.2.4.1. Upstream Market size and forecast, by region
- 6.2.4.2. Upstream Market size and forecast, by country
- 6.2.4.3. Downstream Market size and forecast, by region
- 6.2.4.4. Downstream Market size and forecast, by country
- 6.2.4.5. Midstream Market size and forecast, by region
- 6.2.4.6. Midstream Market size and forecast, by country
- 6.3. Chemical Industry
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
- 6.4. Others
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
CHAPTER 7: LINE HEATERS MARKET, BY REGION
- 7.1. Overview
- 7.1.1. Market size and forecast By Region
- 7.2. North America
- 7.2.1. Key trends and opportunities
- 7.2.2. Market size and forecast, by Type
- 7.2.3. Market size and forecast, by Size
- 7.2.4. Market size and forecast, by End Use
- 7.2.4.1. North America Oil and Gas Industry Line Heaters Market by Category
- 7.2.5. Market size and forecast, by country
- 7.2.5.1. U.S.
- 7.2.5.1.1. Key market trends, growth factors and opportunities
- 7.2.5.1.2. Market size and forecast, by Type
- 7.2.5.1.3. Market size and forecast, by Size
- 7.2.5.1.4. Market size and forecast, by End Use
- 7.2.5.1.4.1. U.S. Oil and Gas Industry Line Heaters Market by Category
- 7.2.5.2. Canada
- 7.2.5.2.1. Key market trends, growth factors and opportunities
- 7.2.5.2.2. Market size and forecast, by Type
- 7.2.5.2.3. Market size and forecast, by Size
- 7.2.5.2.4. Market size and forecast, by End Use
- 7.2.5.2.4.1. Canada Oil and Gas Industry Line Heaters Market by Category
- 7.2.5.3. Mexico
- 7.2.5.3.1. Key market trends, growth factors and opportunities
- 7.2.5.3.2. Market size and forecast, by Type
- 7.2.5.3.3. Market size and forecast, by Size
- 7.2.5.3.4. Market size and forecast, by End Use
- 7.2.5.3.4.1. Mexico Oil and Gas Industry Line Heaters Market by Category
- 7.3. Europe
- 7.3.1. Key trends and opportunities
- 7.3.2. Market size and forecast, by Type
- 7.3.3. Market size and forecast, by Size
- 7.3.4. Market size and forecast, by End Use
- 7.3.4.1. Europe Oil and Gas Industry Line Heaters Market by Category
- 7.3.5. Market size and forecast, by country
- 7.3.5.1. Russia
- 7.3.5.1.1. Key market trends, growth factors and opportunities
- 7.3.5.1.2. Market size and forecast, by Type
- 7.3.5.1.3. Market size and forecast, by Size
- 7.3.5.1.4. Market size and forecast, by End Use
- 7.3.5.1.4.1. Russia Oil and Gas Industry Line Heaters Market by Category
- 7.3.5.2. Norway
- 7.3.5.2.1. Key market trends, growth factors and opportunities
- 7.3.5.2.2. Market size and forecast, by Type
- 7.3.5.2.3. Market size and forecast, by Size
- 7.3.5.2.4. Market size and forecast, by End Use
- 7.3.5.2.4.1. Norway Oil and Gas Industry Line Heaters Market by Category
- 7.3.5.3. UK
- 7.3.5.3.1. Key market trends, growth factors and opportunities
- 7.3.5.3.2. Market size and forecast, by Type
- 7.3.5.3.3. Market size and forecast, by Size
- 7.3.5.3.4. Market size and forecast, by End Use
- 7.3.5.3.4.1. UK Oil and Gas Industry Line Heaters Market by Category
- 7.3.5.4. Germany
- 7.3.5.4.1. Key market trends, growth factors and opportunities
- 7.3.5.4.2. Market size and forecast, by Type
- 7.3.5.4.3. Market size and forecast, by Size
- 7.3.5.4.4. Market size and forecast, by End Use
- 7.3.5.4.4.1. Germany Oil and Gas Industry Line Heaters Market by Category
- 7.3.5.5. Rest of Europe
- 7.3.5.5.1. Key market trends, growth factors and opportunities
- 7.3.5.5.2. Market size and forecast, by Type
- 7.3.5.5.3. Market size and forecast, by Size
- 7.3.5.5.4. Market size and forecast, by End Use
- 7.3.5.5.4.1. Rest of Europe Oil and Gas Industry Line Heaters Market by Category
- 7.4. Asia-Pacific
- 7.4.1. Key trends and opportunities
- 7.4.2. Market size and forecast, by Type
- 7.4.3. Market size and forecast, by Size
- 7.4.4. Market size and forecast, by End Use
- 7.4.4.1. Asia-Pacific Oil and Gas Industry Line Heaters Market by Category
- 7.4.5. Market size and forecast, by country
- 7.4.5.1. China
- 7.4.5.1.1. Key market trends, growth factors and opportunities
- 7.4.5.1.2. Market size and forecast, by Type
- 7.4.5.1.3. Market size and forecast, by Size
- 7.4.5.1.4. Market size and forecast, by End Use
- 7.4.5.1.4.1. China Oil and Gas Industry Line Heaters Market by Category
- 7.4.5.2. India
- 7.4.5.2.1. Key market trends, growth factors and opportunities
- 7.4.5.2.2. Market size and forecast, by Type
- 7.4.5.2.3. Market size and forecast, by Size
- 7.4.5.2.4. Market size and forecast, by End Use
- 7.4.5.2.4.1. India Oil and Gas Industry Line Heaters Market by Category
- 7.4.5.3. Japan
- 7.4.5.3.1. Key market trends, growth factors and opportunities
- 7.4.5.3.2. Market size and forecast, by Type
- 7.4.5.3.3. Market size and forecast, by Size
- 7.4.5.3.4. Market size and forecast, by End Use
- 7.4.5.3.4.1. Japan Oil and Gas Industry Line Heaters Market by Category
- 7.4.5.4. South Korea
- 7.4.5.4.1. Key market trends, growth factors and opportunities
- 7.4.5.4.2. Market size and forecast, by Type
- 7.4.5.4.3. Market size and forecast, by Size
- 7.4.5.4.4. Market size and forecast, by End Use
- 7.4.5.4.4.1. South Korea Oil and Gas Industry Line Heaters Market by Category
- 7.4.5.5. Rest of Asia-Pacific
- 7.4.5.5.1. Key market trends, growth factors and opportunities
- 7.4.5.5.2. Market size and forecast, by Type
- 7.4.5.5.3. Market size and forecast, by Size
- 7.4.5.5.4. Market size and forecast, by End Use
- 7.4.5.5.4.1. Rest of Asia-Pacific Oil and Gas Industry Line Heaters Market by Category
- 7.5. LAMEA
- 7.5.1. Key trends and opportunities
- 7.5.2. Market size and forecast, by Type
- 7.5.3. Market size and forecast, by Size
- 7.5.4. Market size and forecast, by End Use
- 7.5.4.1. LAMEA Oil and Gas Industry Line Heaters Market by Category
- 7.5.5. Market size and forecast, by country
- 7.5.5.1. Brazil
- 7.5.5.1.1. Key market trends, growth factors and opportunities
- 7.5.5.1.2. Market size and forecast, by Type
- 7.5.5.1.3. Market size and forecast, by Size
- 7.5.5.1.4. Market size and forecast, by End Use
- 7.5.5.1.4.1. Brazil Oil and Gas Industry Line Heaters Market by Category
- 7.5.5.2. Saudi Arabia
- 7.5.5.2.1. Key market trends, growth factors and opportunities
- 7.5.5.2.2. Market size and forecast, by Type
- 7.5.5.2.3. Market size and forecast, by Size
- 7.5.5.2.4. Market size and forecast, by End Use
- 7.5.5.2.4.1. Saudi Arabia Oil and Gas Industry Line Heaters Market by Category
- 7.5.5.3. UAE
- 7.5.5.3.1. Key market trends, growth factors and opportunities
- 7.5.5.3.2. Market size and forecast, by Type
- 7.5.5.3.3. Market size and forecast, by Size
- 7.5.5.3.4. Market size and forecast, by End Use
- 7.5.5.3.4.1. UAE Oil and Gas Industry Line Heaters Market by Category
- 7.5.5.4. Rest of LAMEA
- 7.5.5.4.1. Key market trends, growth factors and opportunities
- 7.5.5.4.2. Market size and forecast, by Type
- 7.5.5.4.3. Market size and forecast, by Size
- 7.5.5.4.4. Market size and forecast, by End Use
- 7.5.5.4.4.1. Rest of LAMEA Oil and Gas Industry Line Heaters Market by Category
CHAPTER 8: COMPETITIVE LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product Mapping of Top 10 Player
- 8.4. Competitive Dashboard
- 8.5. Competitive Heatmap
- 8.6. Top player positioning, 2021
CHAPTER 9: COMPANY PROFILES
- 9.1. Arc Energy.
- 9.1.1. Company overview
- 9.1.2. Key Executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.2. Forum Energy Technologies, Inc.
- 9.2.1. Company overview
- 9.2.2. Key Executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Business performance
- 9.3. ENERFLEX LTD.
- 9.3.1. Company overview
- 9.3.2. Key Executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Business performance
- 9.3.7. Key strategic moves and developments
- 9.4. Integrated Flow Solutions, Inc.
- 9.4.1. Company overview
- 9.4.2. Key Executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.4.6. Key strategic moves and developments
- 9.5. Inclusivenergy LTD.
- 9.5.1. Company overview
- 9.5.2. Key Executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.5.6. Key strategic moves and developments
- 9.6. Surplus Energy.
- 9.6.1. Company overview
- 9.6.2. Key Executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.7. Honeywell International Inc.
- 9.7.1. Company overview
- 9.7.2. Key Executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.7.6. Business performance
- 9.8. Allmand Bros., Inc.
- 9.8.1. Company overview
- 9.8.2. Key Executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.8.6. Key strategic moves and developments
- 9.9. Sigma Thermal Inc
- 9.9.1. Company overview
- 9.9.2. Key Executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.9.6. Key strategic moves and developments
- 9.10. 12:eleven Production Equipment
- 9.10.1. Company overview
- 9.10.2. Key Executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio
- 9.11. Aspire Energy Resources Inc.
- 9.11.1. Company overview
- 9.11.2. Key Executives
- 9.11.3. Company snapshot
- 9.11.4. Operating business segments
- 9.11.5. Product portfolio
- 9.11.6. Key strategic moves and developments