The global Thermal Oil Circulation Heater market is projected to grow from US$ million in 2024 to US$ million by 2031, at a CAGR of %(2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.

From a downstream perspective, Chemical Industry accounted for % of 2024 revenue, surging to US$ million by 2031 (CAGR: % from 2025–2031).

Thermal Oil Circulation Heater leading manufacturers including EXHEAT, Castle Pumps, Thermal Fluid Systems, Pirobloc, HEAT Exchange and Transfer, Inc., LNEYA, MultiTherm LLC, Tsung Hsing, Tomlinson, Sigma Thermal, etc., dominate supply; the top five capture approximately % of global revenue, with EXHEAT leading 2024 sales at US$ million.

Regional Outlook:

North America rose from US$ million in 2024 to a forecast US$ million by 2031 (CAGR %).

Asia‑Pacific will expand from US$ million to US$ million (CAGR  %), led by China (US$ million in 2024, % share rising to % by 2031), Japan (CAGR %), South Korea (CAGR %), and Southeast Asia (CAGR %).

Europe is set to grow from US$ million to US$ million (CAGR %), with Germany projected to hit US$ million by 2031 (CAGR %).

Report Includes:

This definitive report equips CEOs, marketing directors, and investors with a 360° view of the global Thermal Oil Circulation Heater market, seamlessly integrating production capacity and sales performance across the value chain. It analyzes historical production, revenue, and sales data (2020–2024) and delivers forecasts through 2031, illuminating demand trends and growth drivers.

By segmenting the market by Type and by Application, the study quantifies volume and value, growth rates, technical innovations, niche opportunities, and substitution risks, and analyzes downstream customers distribution pattern.

Granular regional insights cover five major markets—North America, Europe, APAC, South America, and MEA—with in‑depth analysis of 20+ countries. Each region’s dominant products, competitive landscape, and downstream demand trends are clearly detailed.

Critical competitive intelligence profiles manufacturers—capacity, sales volume, revenue, margins, pricing strategies, and major customers—and dissects the top-player positioning across product lines, applications, and regions to reveal strategic strengths.

A concise supply‑chain overview maps upstream suppliers, manufacturing technologies, cost structures, and distribution dynamics to identify strategic gaps and unmet demand.

Market Segmentation

Scope of Thermal Oil Circulation Heater Market Report

Report Metric	Details
Report Name	Thermal Oil Circulation Heater Market
Segment by Type	Open Heat Transfer System Closed Heat Transfer System
Segment by Application	Chemical Industry Energy Industry Food Industry Plastic Industry Textile Industry Others
Production by Region	North America Europe China Japan
Sales by Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Rest of Europe Nordic Countries Asia-Pacific (China, Japan, South Korea) Southeast Asia (India, Australia) Rest of Asia Latin America (Mexico, Brazil) Rest of Latin America Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company	EXHEAT, Castle Pumps, Thermal Fluid Systems, Pirobloc, HEAT Exchange and Transfer, Inc., LNEYA, MultiTherm LLC, Tsung Hsing, Tomlinson, Sigma Thermal, Heat Systems, AURA, Bkrc Endüstriyel Enerji
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Defines the Thermal Oil Circulation Heater study scope, segments the market by Type and by Application, etc, highlights segment size and growth potential.
Chapter 2: Offers current market state, projects global revenue and sales to 2031, pinpointing high consumption regions and emerging market catalysts
Chapter 3: Maps global production capacity, utilization, and market share (2020–2031), identifies efficient hubs, reveals regulatory/trade policy impacts and bottlenecks.
Chapter 4: Dissects the manufacturer landscape—ranks by volume and revenue, analyzes profitability and pricing, maps production bases, details manufacturer performance by product type and evaluates concentration alongside M&A moves.
Chapter 5: Unlocks high margin product segments—compares sales, revenue, ASP, and technology differentiators, highlighting growth niches and substitution risks
Chapter 6: Targets downstream market opportunities—evaluates sales, revenue, and pricing by Application, identifies emerging use cases, and profiles leading customers by region and by Application.
Chapter 7: North America—breaks down sales and revenue by Type, by Application and country, profiles key manufacturers and assesses growth drivers and barriers.
Chapter 8: Europe—analyses regional sales, revenue and market by Type, by Application and manufacturers, flagging drivers and barriers.
Chapter 9: Asia Pacific—quantifies sales and revenue by Type, by Application, and region/country, profiles top manufacturers, and uncovers high potential expansion areas.
Chapter 10: Central & South America—measures sales and revenue by Type, by Application, and country, profiles top manufacturers, and identifies investment opportunities and challenges.
Chapter 11: Middle East and Africa—evaluates sales and revenue by Type, by Application, and country, profiles key manufacturers, and outlines investment prospects and market hurdles
Chapter 12: Profiles manufacturers in depth—details product specs, capacity, sales, revenue, margins; Top manufactures 2024 sales breakdowns by Product type, by Application, by sales region SWOT analysis, and recent strategic developments.
Chapter 13: Supply chain—analyses upstream raw materials and suppliers, manufacturing footprint and technology, cost drivers, plus downstream channels and distributor roles.
Chapter 14: Market dynamics—explores drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 15: Actionable conclusions and strategic recommendations.
Why This Report:
Beyond standard market data, this analysis provides a clear profitability roadmap—empowering you to:
Allocate capital strategically to high growth regions (Chapters 7–11) and margin rich segments (Chapter 5).
Negotiate from strength with suppliers (Chapter 13) and customers (Chapter 6) using cost and demand intelligence.
Outmaneuver competitors with granular insights into their operations, margins, and strategies (Chapters 4 and 12).
Secure your supply chain against disruptions through upstream and downstream visibility (Chapters 13 and 14).
Leverage this 360° intelligence to turn market complexity into actionable competitive advantage.

FAQ for this report

Who are the main players in the Thermal Oil Circulation Heater Market report?

Ans: The main players in the Thermal Oil Circulation Heater Market are EXHEAT, Castle Pumps, Thermal Fluid Systems, Pirobloc, HEAT Exchange and Transfer, Inc., LNEYA, MultiTherm LLC, Tsung Hsing, Tomlinson, Sigma Thermal, Heat Systems, AURA, Bkrc Endüstriyel Enerji

What are the Application segmentation covered in the Thermal Oil Circulation Heater Market report?

Ans: The Applications covered in the Thermal Oil Circulation Heater Market report are Chemical Industry, Energy Industry, Food Industry, Plastic Industry, Textile Industry, Others

What are the Type segmentation covered in the Thermal Oil Circulation Heater Market report?

Ans: The Types covered in the Thermal Oil Circulation Heater Market report are Open Heat Transfer System, Closed Heat Transfer System

1 Study Coverage

1.1 Introduction to Thermal Oil Circulation Heater: Definition, Properties, and Key Attributes

1.2 Market Segmentation by Type

1.2.1 Global Thermal Oil Circulation Heater Market Size by Type, 2020 VS 2024 VS 2031

1.2.2 Open Heat Transfer System

1.2.3 Closed Heat Transfer System

1.3 Market Segmentation by Application

1.3.1 Global Thermal Oil Circulation Heater Market Size by Application, 2020 VS 2024 VS 2031

1.3.2 Chemical Industry

1.3.3 Energy Industry

1.3.4 Food Industry

1.3.5 Plastic Industry

1.3.6 Textile Industry

1.3.7 Others

1.4 Assumptions and Limitations

1.5 Study Objectives

1.6 Years Considered

2 Executive Summary

2.1 Global Thermal Oil Circulation Heater Revenue Estimates and Forecasts 2020-2031

2.2 Global Thermal Oil Circulation Heater Revenue by Region

2.2.1 Revenue Comparison: 2020 VS 2024 VS 2031

2.2.2 Historical and Forecasted Revenue by Region (2020--2031)

2.2.3 Global Revenue Market Share by Region (2020-2031)

2.3 Global Thermal Oil Circulation Heater Sales Estimates and Forecasts 2020-2031

2.4 Global Thermal Oil Circulation Heater Sales by Region

2.4.1 Sales Comparison: 2020 VS 2024 VS 2031

2.4.2 Historical and Forecasted Sales by Region (2020-2031)

2.4.3 Emerging Market Focus: Growth Drivers & Investment Trends

2.4.4 Global Sales Market Share by Region (2020-2031)

3 Global Production Analysis

3.1 Global Thermal Oil Circulation Heater Production Capacity and Utilization Rates (2020–2031)

3.2 Regional Production: Comparative Analysis (2020 VS 2024 VS 2031)

3.3 Regional Production Dynamics

3.3.1 Historic Production by Region (2020-2025)

3.3.2 Forecasted Production by Region (2026-2031)

3.3.3 Production Market Share by Region (2020-2031)

3.3.4 Regulatory and Trade Policy Impact on Production

3.3.5 Production Capacity Enablers and Constraints

3.4 Key Regional Production Hubs

3.4.1 North America

3.4.2 Europe

3.4.3 China

3.4.4 Japan

4 Competition by Manufacturers

4.1 Global Thermal Oil Circulation Heater Sales by Manufacturers

4.1.1 Global Sales Volume by Manufacturers (2020-2025)

4.1.2 Global Top 5 and Top 10 Manufacturers’Market Share by Sales Volume (2024)

4.2 Global Thermal Oil Circulation Heater Manufacturer Revenue Rankings and Tiers

4.2.1 Global Revenue (Value) by Manufacturers (2020-2025)

4.2.2 Global Key Manufacturer Revenue Ranking (2023 vs. 2024)

4.2.3 Revenue-Based Tier Segmentation (Tier 1, Tier 2, and Tier 3)

4.3 Manufacturer Profitability Profiles and Pricing Strategies

4.3.1 Gross Margin by Top Manufacturer (2020 VS 2024)

4.3.2 Manufacturer-Level Price Trends (2020-2025)

4.4 Key Manufacturers Manufacturing Base and Headquarters

4.5 Main Product Type Market Size by Manufacturers

4.5.1 Open Heat Transfer System Market Size by Manufacturers

4.5.2 Closed Heat Transfer System Market Size by Manufacturers

4.6 Global Thermal Oil Circulation Heater Market Concentration and Dynamics

4.6.1 Global Market Concentration (CR5 and HHI)

4.6.2 Entrant/Exit Impact Analysis

4.6.3 Strategic Moves: M&A, Capacity Expansion, R&D Investment

5 Global Product Segmentation Analysis

5.1 Global Thermal Oil Circulation Heater Sales Performance by Type

5.1.1 Global Historical and Forecasted Sales by Type (2020-2031)

5.1.2 Global Sales Market Share by Type (2020-2031)

5.2 Global Thermal Oil Circulation Heater Revenue Trends by Type

5.2.1 Global Historical and Forecasted Revenue by Type (2020-2031)

5.2.2 Global Revenue Market Share by Type (2020-2031)

5.3 Global Average Selling Price (ASP) Trends by Type (2020-2031)

5.4 Product Technology Differentiation

5.5 Subtype Dynamics: Growth Leaders, Profitability and Risk

5.5.1 High-Growth Niches and Adoption Drivers

5.5.2 Profitability Hotspots and Cost Drivers

5.5.3 Substitution Threats

6 Global Downstream Application Analysis

6.1 Global Thermal Oil Circulation Heater Sales by Application

6.1.1 Global Historical and Forecasted Sales by Application (2020-2031)

6.1.2 Global Sales Market Share by Application (2020-2031)

6.1.3 High-Growth Application Identification

6.1.4 Emerging Application Case Studies

6.2 Global Thermal Oil Circulation Heater Revenue by Application

6.2.1 Global Historical and Forecasted Revenue by Application (2020-2031)

6.2.2 Revenue Market Share by Application (2020-2031)

6.3 Global Pricing Dynamics by Application (2020-2031)

6.4 Downstream Customer Analysis

6.4.1 Top Customers by Region

6.4.2 Top Customers by Application

7 North America

7.1 North America Sales Volume and Revenue (2020-2031)

7.2 North America Key Manufacturers Sales Revenue in 2024

7.3 North America Thermal Oil Circulation Heater Sales and Revenue by Type (2020-2031)

7.4 North America Thermal Oil Circulation Heater Sales and Revenue by Application (2020-2031)

7.5 North America Growth Accelerators and Market Barriers

7.6 North America Thermal Oil Circulation Heater Market Size by Country

7.6.1 North America Revenue by Country

7.6.2 North America Sales Trends by Country

7.6.3 US

7.6.4 Canada

7.6.5 Mexico

8 Europe

8.1 Europe Sales Volume and Revenue (2020-2031)

8.2 Europe Key Manufacturers Sales Revenue in 2024

8.3 Europe Thermal Oil Circulation Heater Sales and Revenue by Type (2020-2031)

8.4 Europe Thermal Oil Circulation Heater Sales and Revenue by Application (2020-2031)

8.5 Europe Growth Accelerators and Market Barriers

8.6 Europe Thermal Oil Circulation Heater Market Size by Country

8.6.1 Europe Revenue by Country

8.6.2 Europe Sales Trends by Country

8.6.3 Germany

8.6.4 France

8.6.5 U.K.

8.6.6 Italy

8.6.7 Russia

9 Asia-Pacific

9.1 Asia-Pacific Sales Volume and Revenue (2020-2031)

9.2 Asia-Pacific Key Manufacturers Sales Revenue in 2024

9.3 Asia-Pacific Thermal Oil Circulation Heater Sales and Revenue by Type (2020-2031)

9.4 Asia-Pacific Thermal Oil Circulation Heater Sales and Revenue by Application (2020-2031)

9.5 Asia-Pacific Thermal Oil Circulation Heater Market Size by Region

9.5.1 Asia-Pacific Revenue by Region

9.5.2 Asia-Pacific Sales Trends by Region

9.6 Asia-Pacific Growth Accelerators and Market Barriers

9.7 Southeast Asia

9.7.1 Southeast Asia Revenue by Country (2020 VS 2024 VS 2031)

9.7.2 Key Country Analysis: Indonesia, Vietnam, Thailand

9.8 China

9.9 Japan

9.10 South Korea

9.11 China Taiwan

9.12 India

10 Central and South America

10.1 Central and South America Sales Volume and Revenue (2020-2031)

10.2 Central and South America Key Manufacturers Sales Revenue in 2024

10.3 Central and South America Thermal Oil Circulation Heater Sales and Revenue by Type (2020-2031)

10.4 Central and South America Thermal Oil Circulation Heater Sales and Revenue by Application (2020-2031)

10.5 Central and South America Investment Opportunities and Key Challenges

10.6 Central and South America Thermal Oil Circulation Heater Market Size by Country

10.6.1 Central and South America Revenue Trends by Country (2020 VS 2024 VS 2031)

10.6.2 Brazil

10.6.3 Argentina

11 Middle East and Africa

11.1 Middle East and Africa Sales Volume and Revenue (2020-2031)

11.2 Middle East and Africa Key Manufacturers Sales Revenue in 2024

11.3 Middle East and Africa Thermal Oil Circulation Heater Sales and Revenue by Type (2020-2031)

11.4 Middle East and Africa Thermal Oil Circulation Heater Sales and Revenue by Application (2020-2031)

11.5 Middle East and Africa Investment Opportunities and Key Challenges

11.6 Middle East and Africa Thermal Oil Circulation Heater Market Size by Country

11.6.1 Middle East and Africa Revenue Trends by Country (2020 VS 2024 VS 2031)

11.6.2 GCC Countries

11.6.3 Turkey

11.6.4 Egypt

11.6.5 South Africa

12 Corporate Profile

12.1 EXHEAT

12.1.1 EXHEAT Corporation Information

12.1.2 EXHEAT Business Overview

12.1.3 EXHEAT Thermal Oil Circulation Heater Product Models, Descriptions and Specifications

12.1.4 EXHEAT Thermal Oil Circulation Heater Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.1.5 EXHEAT Thermal Oil Circulation Heater Sales by Product in 2024

12.1.6 EXHEAT Thermal Oil Circulation Heater Sales by Application in 2024

12.1.7 EXHEAT Thermal Oil Circulation Heater Sales by Geographic Area in 2024

12.1.8 EXHEAT Thermal Oil Circulation Heater SWOT Analysis

12.1.9 EXHEAT Recent Developments

12.2 Castle Pumps

12.2.1 Castle Pumps Corporation Information

12.2.2 Castle Pumps Business Overview

12.2.3 Castle Pumps Thermal Oil Circulation Heater Product Models, Descriptions and Specifications

12.2.4 Castle Pumps Thermal Oil Circulation Heater Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.2.5 Castle Pumps Thermal Oil Circulation Heater Sales by Product in 2024

12.2.6 Castle Pumps Thermal Oil Circulation Heater Sales by Application in 2024

12.2.7 Castle Pumps Thermal Oil Circulation Heater Sales by Geographic Area in 2024

12.2.8 Castle Pumps Thermal Oil Circulation Heater SWOT Analysis

12.2.9 Castle Pumps Recent Developments

12.3 Thermal Fluid Systems

12.3.1 Thermal Fluid Systems Corporation Information

12.3.2 Thermal Fluid Systems Business Overview

12.3.3 Thermal Fluid Systems Thermal Oil Circulation Heater Product Models, Descriptions and Specifications

12.3.4 Thermal Fluid Systems Thermal Oil Circulation Heater Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.3.5 Thermal Fluid Systems Thermal Oil Circulation Heater Sales by Product in 2024

12.3.6 Thermal Fluid Systems Thermal Oil Circulation Heater Sales by Application in 2024

12.3.7 Thermal Fluid Systems Thermal Oil Circulation Heater Sales by Geographic Area in 2024

12.3.8 Thermal Fluid Systems Thermal Oil Circulation Heater SWOT Analysis

12.3.9 Thermal Fluid Systems Recent Developments

12.4 Pirobloc

12.4.1 Pirobloc Corporation Information

12.4.2 Pirobloc Business Overview

12.4.3 Pirobloc Thermal Oil Circulation Heater Product Models, Descriptions and Specifications

12.4.4 Pirobloc Thermal Oil Circulation Heater Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.4.5 Pirobloc Thermal Oil Circulation Heater Sales by Product in 2024

12.4.6 Pirobloc Thermal Oil Circulation Heater Sales by Application in 2024

12.4.7 Pirobloc Thermal Oil Circulation Heater Sales by Geographic Area in 2024

12.4.8 Pirobloc Thermal Oil Circulation Heater SWOT Analysis

12.4.9 Pirobloc Recent Developments

12.5 HEAT Exchange and Transfer, Inc.

12.5.1 HEAT Exchange and Transfer, Inc. Corporation Information

12.5.2 HEAT Exchange and Transfer, Inc. Business Overview

12.5.3 HEAT Exchange and Transfer, Inc. Thermal Oil Circulation Heater Product Models, Descriptions and Specifications

12.5.4 HEAT Exchange and Transfer, Inc. Thermal Oil Circulation Heater Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.5.5 HEAT Exchange and Transfer, Inc. Thermal Oil Circulation Heater Sales by Product in 2024

12.5.6 HEAT Exchange and Transfer, Inc. Thermal Oil Circulation Heater Sales by Application in 2024

12.5.7 HEAT Exchange and Transfer, Inc. Thermal Oil Circulation Heater Sales by Geographic Area in 2024

12.5.8 HEAT Exchange and Transfer, Inc. Thermal Oil Circulation Heater SWOT Analysis

12.5.9 HEAT Exchange and Transfer, Inc. Recent Developments

12.6 LNEYA

12.6.1 LNEYA Corporation Information

12.6.2 LNEYA Business Overview

12.6.3 LNEYA Thermal Oil Circulation Heater Product Models, Descriptions and Specifications

12.6.4 LNEYA Thermal Oil Circulation Heater Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.6.5 LNEYA Recent Developments

12.7 MultiTherm LLC

12.7.1 MultiTherm LLC Corporation Information

12.7.2 MultiTherm LLC Business Overview

12.7.3 MultiTherm LLC Thermal Oil Circulation Heater Product Models, Descriptions and Specifications

12.7.4 MultiTherm LLC Thermal Oil Circulation Heater Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.7.5 MultiTherm LLC Recent Developments

12.8 Tsung Hsing

12.8.1 Tsung Hsing Corporation Information

12.8.2 Tsung Hsing Business Overview

12.8.3 Tsung Hsing Thermal Oil Circulation Heater Product Models, Descriptions and Specifications

12.8.4 Tsung Hsing Thermal Oil Circulation Heater Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.8.5 Tsung Hsing Recent Developments

12.9 Tomlinson

12.9.1 Tomlinson Corporation Information

12.9.2 Tomlinson Business Overview

12.9.3 Tomlinson Thermal Oil Circulation Heater Product Models, Descriptions and Specifications

12.9.4 Tomlinson Thermal Oil Circulation Heater Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.9.5 Tomlinson Recent Developments

12.10 Sigma Thermal

12.10.1 Sigma Thermal Corporation Information

12.10.2 Sigma Thermal Business Overview

12.10.3 Sigma Thermal Thermal Oil Circulation Heater Product Models, Descriptions and Specifications

12.10.4 Sigma Thermal Thermal Oil Circulation Heater Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.10.5 Sigma Thermal Recent Developments

12.11 Heat Systems

12.11.1 Heat Systems Corporation Information

12.11.2 Heat Systems Business Overview

12.11.3 Heat Systems Thermal Oil Circulation Heater Product Models, Descriptions and Specifications

12.11.4 Heat Systems Thermal Oil Circulation Heater Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.11.5 Heat Systems Recent Developments

12.12 AURA

12.12.1 AURA Corporation Information

12.12.2 AURA Business Overview

12.12.3 AURA Thermal Oil Circulation Heater Product Models, Descriptions and Specifications

12.12.4 AURA Thermal Oil Circulation Heater Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.12.5 AURA Recent Developments

12.13 Bkrc Endüstriyel Enerji

12.13.1 Bkrc Endüstriyel Enerji Corporation Information

12.13.2 Bkrc Endüstriyel Enerji Business Overview

12.13.3 Bkrc Endüstriyel Enerji Thermal Oil Circulation Heater Product Models, Descriptions and Specifications

12.13.4 Bkrc Endüstriyel Enerji Thermal Oil Circulation Heater Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.13.5 Bkrc Endüstriyel Enerji Recent Developments

13 Value Chain and Supply-Chain Analysis

13.1 Thermal Oil Circulation Heater Industry Chain

13.2 Thermal Oil Circulation Heater Upstream Materials Analysis

13.2.1 Raw Materials

13.2.2 Key Suppliers Market Share & Risk Assessment

13.3 Thermal Oil Circulation Heater Integrated Production Analysis

13.3.1 Manufacturing Footprint Analysis

13.3.2 Production Technology Overview

13.3.3 Regional Cost Drivers

13.4 Thermal Oil Circulation Heater Sales Channels and Distribution Networks

13.4.1 Sales Channels

13.4.2 Distributors

14 Thermal Oil Circulation Heater Market Dynamics

14.1 Industry Trends and Evolution

14.2 Market Growth Drivers and Emerging Opportunities

14.3 Market Challenges, Risks, and Restraints

15 Key Findings in the Global Thermal Oil Circulation Heater Study

16 Appendix

16.1 Research Methodology

16.1.1 Methodology/Research Approach

16.1.1.1 Research Programs/Design

16.1.1.2 Market Size Estimation

16.1.1.3 Market Breakdown and Data Triangulation

16.1.2 Data Source

16.1.2.1 Secondary Sources

16.1.2.2 Primary Sources

16.2 Author Details

FEATURED COMPANIES

EXHEAT

Castle Pumps

Thermal Fluid Systems

Pirobloc

HEAT EXCHANGE AND TRANSFER, INC.

Bkrc Endüstriyel Enerji

List of Tables

Table 1. Global Thermal Oil Circulation Heater Market Size Growth Rate by Type, 2020 VS 2024 VS 2031 (US$ Million)

Table 2. Global Thermal Oil Circulation Heater Market Size Growth Rate by Application, 2020 VS 2024 VS 2031 (US$ Million)

Table 3. Global Thermal Oil Circulation Heater Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)

Table 4. Global Thermal Oil Circulation Heater Revenue by Region (2020-2025) & (US$ Million)

Table 5. Global Thermal Oil Circulation Heater Revenue by Region (2026-2031) & (US$ Million)

Table 6. Global Thermal Oil Circulation Heater Sales Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (K Units)

Table 7. Global Thermal Oil Circulation Heater Sales by Region (2020-2025) & (K Units)

Table 8. Global Thermal Oil Circulation Heater Sales by Region (2026-2031) & (K Units)

Table 9. Emerging Market Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)

Table 10. Global Thermal Oil Circulation Heater Production Growth Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (K Units)

Table 11. Global Thermal Oil Circulation Heater Production by Region (2020-2025) & (K Units)

Table 12. Global Thermal Oil Circulation Heater Production by Region (2026-2031) & (K Units)

Table 13. Global Thermal Oil Circulation Heater Sales by Manufacturers (2020-2025) & (K Units)

Table 14. Global Thermal Oil Circulation Heater Sales Share by Manufacturers (2020-2025)

Table 15. Global Thermal Oil Circulation Heater Revenue by Manufacturers (2020-2025) & (US$ Million)

Table 16. Global Thermal Oil Circulation Heater Revenue Market Share by Manufacturers (2020-2025)

Table 17. Global Key Manufacturers’Ranking Shift (2023 vs. 2024) (Based on Revenue)

Table 18. Global Thermal Oil Circulation Heater by Manufacturer Tier (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Thermal Oil Circulation Heater as of 2024)

Table 19. Global Thermal Oil Circulation Heater Average Gross Margin (%) by Manufacturer (2020 VS 2024)

Table 20. Global Thermal Oil Circulation Heater Average Selling Price (ASP) by Manufacturers (2020-2025) & (US$/Unit)

Table 21. Key Manufacturers Thermal Oil Circulation Heater Manufacturing Base and Headquarters

Table 22. Global Thermal Oil Circulation Heater Market Concentration Ratio (CR5 and HHI)

Table 23. Key Market Entrant/Exit (2020-2024) – Drivers & Impact Analysis

Table 24. Key Mergers & Acquisitions, Expansion Plans, R&D Investment

Table 25. Global Thermal Oil Circulation Heater Sales by Type (2020-2025) & (K Units)

Table 26. Global Thermal Oil Circulation Heater Sales by Type (2026-2031) & (K Units)

Table 27. Global Thermal Oil Circulation Heater Revenue by Type (2020-2025) & (US$ Million)

Table 28. Global Thermal Oil Circulation Heater Revenue by Type (2026-2031) & (US$ Million)

Table 29. Global Thermal Oil Circulation Heater ASP by Type (2020-2031) & (US$/Unit)

Table 30. Technical Specifications by Key Product Type

Table 31. Global Thermal Oil Circulation Heater Sales by Application (2020-2025) & (K Units)

Table 32. Global Thermal Oil Circulation Heater Sales by Application (2026-2031) & (K Units)

Table 33. Thermal Oil Circulation Heater High-Growth Sectors Demand CAGR (2024-2031)

Table 34. Global Thermal Oil Circulation Heater Revenue by Application (2020-2025) & (US$ Million)

Table 35. Global Thermal Oil Circulation Heater Revenue by Application (2026-2031) & (US$ Million)

Table 36. Global Thermal Oil Circulation Heater ASP by Application (2020-2031) & (US$/Unit)

Table 37. Top Customers by Region

Table 38. Top Customers by Application

Table 39. North America Thermal Oil Circulation Heater Growth Accelerators and Market Barriers

Table 40. North America Thermal Oil Circulation Heater Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)

Table 41. North America Thermal Oil Circulation Heater Sales (K Units) by Country (2020 VS 2024 VS 2031)

Table 42. Europe Thermal Oil Circulation Heater Growth Accelerators and Market Barriers

Table 43. Europe Thermal Oil Circulation Heater Revenue Grow Rate (CAGR) by Country: 2020 VS 2024 VS 2031 (US$ Million)

Table 44. Europe Thermal Oil Circulation Heater Sales (K Units) by Country (2020 VS 2024 VS 2031)

Table 45. Asia-Pacific Thermal Oil Circulation Heater Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)

Table 46. Asia-Pacific Thermal Oil Circulation Heater Sales (K Units) by Country (2020 VS 2024 VS 2031)

Table 47. Asia-Pacific Thermal Oil Circulation Heater Growth Accelerators and Market Barriers

Table 48. Southeast Asia Thermal Oil Circulation Heater Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)

Table 49. Central and South America Thermal Oil Circulation Heater Investment Opportunities and Key Challenges

Table 50. Central and South America Thermal Oil Circulation Heater Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)

Table 51. Middle East and Africa Thermal Oil Circulation Heater Investment Opportunities and Key Challenges

Table 52. Middle East and Africa Thermal Oil Circulation Heater Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)

Table 53. EXHEAT Corporation Information

Table 54. EXHEAT Description and Major Businesses

Table 55. EXHEAT Product Models, Descriptions and Specifications

Table 56. EXHEAT Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 57. EXHEAT Sales Value Proportion by Product in 2024

Table 58. EXHEAT Sales Value Proportion by Application in 2024

Table 59. EXHEAT Sales Value Proportion by Geographic Area in 2024

Table 60. EXHEAT Thermal Oil Circulation Heater SWOT Analysis

Table 61. EXHEAT Recent Developments

Table 62. Castle Pumps Corporation Information

Table 63. Castle Pumps Description and Major Businesses

Table 64. Castle Pumps Product Models, Descriptions and Specifications

Table 65. Castle Pumps Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 66. Castle Pumps Sales Value Proportion by Product in 2024

Table 67. Castle Pumps Sales Value Proportion by Application in 2024

Table 68. Castle Pumps Sales Value Proportion by Geographic Area in 2024

Table 69. Castle Pumps Thermal Oil Circulation Heater SWOT Analysis

Table 70. Castle Pumps Recent Developments

Table 71. Thermal Fluid Systems Corporation Information

Table 72. Thermal Fluid Systems Description and Major Businesses

Table 73. Thermal Fluid Systems Product Models, Descriptions and Specifications

Table 74. Thermal Fluid Systems Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 75. Thermal Fluid Systems Sales Value Proportion by Product in 2024

Table 76. Thermal Fluid Systems Sales Value Proportion by Application in 2024

Table 77. Thermal Fluid Systems Sales Value Proportion by Geographic Area in 2024

Table 78. Thermal Fluid Systems Thermal Oil Circulation Heater SWOT Analysis

Table 79. Thermal Fluid Systems Recent Developments

Table 80. Pirobloc Corporation Information

Table 81. Pirobloc Description and Major Businesses

Table 82. Pirobloc Product Models, Descriptions and Specifications

Table 83. Pirobloc Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 84. Pirobloc Sales Value Proportion by Product in 2024

Table 85. Pirobloc Sales Value Proportion by Application in 2024

Table 86. Pirobloc Sales Value Proportion by Geographic Area in 2024

Table 87. Pirobloc Thermal Oil Circulation Heater SWOT Analysis

Table 88. Pirobloc Recent Developments

Table 89. HEAT Exchange and Transfer, Inc. Corporation Information

Table 90. HEAT Exchange and Transfer, Inc. Description and Major Businesses

Table 91. HEAT Exchange and Transfer, Inc. Product Models, Descriptions and Specifications

Table 92. HEAT Exchange and Transfer, Inc. Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 93. HEAT Exchange and Transfer, Inc. Sales Value Proportion by Product in 2024

Table 94. HEAT Exchange and Transfer, Inc. Sales Value Proportion by Application in 2024

Table 95. HEAT Exchange and Transfer, Inc. Sales Value Proportion by Geographic Area in 2024

Table 96. HEAT Exchange and Transfer, Inc. Thermal Oil Circulation Heater SWOT Analysis

Table 97. HEAT Exchange and Transfer, Inc. Recent Developments

Table 98. LNEYA Corporation Information

Table 99. LNEYA Description and Major Businesses

Table 100. LNEYA Product Models, Descriptions and Specifications

Table 101. LNEYA Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 102. LNEYA Recent Developments

Table 103. MultiTherm LLC Corporation Information

Table 104. MultiTherm LLC Description and Major Businesses

Table 105. MultiTherm LLC Product Models, Descriptions and Specifications

Table 106. MultiTherm LLC Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 107. MultiTherm LLC Recent Developments

Table 108. Tsung Hsing Corporation Information

Table 109. Tsung Hsing Description and Major Businesses

Table 110. Tsung Hsing Product Models, Descriptions and Specifications

Table 111. Tsung Hsing Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 112. Tsung Hsing Recent Developments

Table 113. Tomlinson Corporation Information

Table 114. Tomlinson Description and Major Businesses

Table 115. Tomlinson Product Models, Descriptions and Specifications

Table 116. Tomlinson Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 117. Tomlinson Recent Developments

Table 118. Sigma Thermal Corporation Information

Table 119. Sigma Thermal Description and Major Businesses

Table 120. Sigma Thermal Product Models, Descriptions and Specifications

Table 121. Sigma Thermal Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 122. Sigma Thermal Recent Developments

Table 123. Heat Systems Corporation Information

Table 124. Heat Systems Description and Major Businesses

Table 125. Heat Systems Product Models, Descriptions and Specifications

Table 126. Heat Systems Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 127. Heat Systems Recent Developments

Table 128. AURA Corporation Information

Table 129. AURA Description and Major Businesses

Table 130. AURA Product Models, Descriptions and Specifications

Table 131. AURA Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 132. AURA Recent Developments

Table 133. Bkrc Endüstriyel Enerji Corporation Information

Table 134. Bkrc Endüstriyel Enerji Description and Major Businesses

Table 135. Bkrc Endüstriyel Enerji Product Models, Descriptions and Specifications

Table 136. Bkrc Endüstriyel Enerji Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 137. Bkrc Endüstriyel Enerji Recent Developments

Table 138. Key Raw Materials Distribution

Table 139. Raw Materials Key Suppliers

Table 140. Critical Raw Material Supplier Concentration (2024) & Risk Index

Table 141. Milestones in Production Technology Evolution

Table 142. Distributors List

Table 143. Market Trends and Market Evolution

Table 144. Market Drivers and Opportunities

Table 145. Market Challenges, Risks, and Restraints

Table 146. Research Programs/Design for This Report

Table 147. Key Data Information from Secondary Sources

Table 148. Key Data Information from Primary Sources

List of Figures

Figure 1. Thermal Oil Circulation Heater Product Picture

Figure 2. Global Thermal Oil Circulation Heater Market Size Growth Rate by Type, 2020 VS 2024 VS 2031 (US$ Million)

Figure 3. Open Heat Transfer System Product Picture

Figure 4. Closed Heat Transfer System Product Picture

Figure 5. Global Thermal Oil Circulation Heater Market Size Growth Rate by Application, 2020 VS 2024 VS 2031 (US$ Million)

Figure 6. Chemical Industry

Figure 7. Energy Industry

Figure 8. Food Industry

Figure 9. Plastic Industry

Figure 10. Textile Industry

Figure 11. Others

Figure 12. Thermal Oil Circulation Heater Report Years Considered

Figure 13. Global Thermal Oil Circulation Heater Revenue, (US$ Million), 2020 VS 2024 VS 2031

Figure 14. Global Thermal Oil Circulation Heater Revenue (2020-2031) & (US$ Million)

Figure 15. Global Thermal Oil Circulation Heater Revenue (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)

Figure 16. Global Thermal Oil Circulation Heater Revenue Market Share by Region (2020-2031)

Figure 17. Global Thermal Oil Circulation Heater Sales (2020-2031) & (K Units)

Figure 18. Global Thermal Oil Circulation Heater Sales (CAGR) by Region (2020-2031) (K Units)

Figure 19. Global Thermal Oil Circulation Heater Sales Market Share by Region (2020-2031)

Figure 20. Global Thermal Oil Circulation Heater Capacity, Production and Utilization (2020-2031) & (K Units)

Figure 21. Global Thermal Oil Circulation Heater Production Trend by Region (2020-2031) (K Units)

Figure 22. Global Thermal Oil Circulation Heater Production Market Share by Region (2020-2031)

Figure 23. Production Capacity Enablers & Constraints

Figure 24. Thermal Oil Circulation Heater Production Growth Rate in North America (2020-2031) & (K Units)

Figure 25. Thermal Oil Circulation Heater Production Growth Rate in Europe (2020-2031) & (K Units)

Figure 26. Thermal Oil Circulation Heater Production Growth Rate in China (2020-2031) & (K Units)

Figure 27. Thermal Oil Circulation Heater Production Growth Rate in Japan (2020-2031) & (K Units)

Figure 28. Top 5 and Top 10 Manufacturers Thermal Oil Circulation Heater Sales Volume Market Share in 2024

Figure 29. Global Thermal Oil Circulation Heater Revenue Market Share Ranking (2024)

Figure 30. Tier Distribution by Revenue Contribution (2020 VS 2024)

Figure 31. Open Heat Transfer System Revenue Market Share by Manufacturer in 2024

Figure 32. Closed Heat Transfer System Revenue Market Share by Manufacturer in 2024

Figure 33. Type Eight Revenue Market Share by Manufacturer in 2024

Figure 34. Type Nine Revenue Market Share by Manufacturer in 2024

Figure 35. Global Thermal Oil Circulation Heater Sales Market Share by Type (2020-2031)

Figure 36. Global Thermal Oil Circulation Heater Revenue Market Share by Type (2020-2031)

Figure 37. Global Thermal Oil Circulation Heater Sales Market Share by Application (2020-2031)

Figure 38. Global Thermal Oil Circulation Heater Revenue Market Share by Application (2020-2031)

Figure 39. North America Thermal Oil Circulation Heater Sales YoY (2020-2031) & (K Units)

Figure 40. North America Thermal Oil Circulation Heater Revenue YoY (2020-2031) & (US$ Million)

Figure 41. North America Top 5 Manufacturers Thermal Oil Circulation Heater Sales Revenue (US$ Million) in 2024

Figure 42. North America Thermal Oil Circulation Heater Sales Volume (K Units) by Type (2020- 2031)

Figure 43. North America Thermal Oil Circulation Heater Sales Revenue (US$ Million) by Type (2020 - 2031)

Figure 44. North America Thermal Oil Circulation Heater Sales Volume (K Units) by Application (2020-2031)

Figure 45. North America Thermal Oil Circulation Heater Sales Revenue (US$ Million) by Application (2020-2031)

Figure 46. US Thermal Oil Circulation Heater Revenue (2020-2031) & (US$ Million)

Figure 47. Canada Thermal Oil Circulation Heater Revenue (2020-2031) & (US$ Million)

Figure 48. Mexico Thermal Oil Circulation Heater Revenue (2020-2031) & (US$ Million)

Figure 49. Europe Thermal Oil Circulation Heater Sales YoY (2020-2031) & (K Units)

Figure 50. Europe Thermal Oil Circulation Heater Revenue YoY (2020-2031) & (US$ Million)

Figure 51. Europe Top 5 Manufacturers Thermal Oil Circulation Heater Sales Revenue (US$ Million) in 2024

Figure 52. Europe Thermal Oil Circulation Heater Sales Volume (K Units) by Type (2020-2031)

Figure 53. Europe Thermal Oil Circulation Heater Sales Revenue (US$ Million) by Type (2020-2031)

Figure 54. Europe Thermal Oil Circulation Heater Sales Volume (K Units) by Application (2020-2031)

Figure 55. Europe Thermal Oil Circulation Heater Sales Revenue (US$ Million) by Application (2020-2031)

Figure 56. Germany Thermal Oil Circulation Heater Revenue (2020-2031) & (US$ Million)

Figure 57. France Thermal Oil Circulation Heater Revenue (2020-2031) & (US$ Million)

Figure 58. U.K. Thermal Oil Circulation Heater Revenue (2020-2031) & (US$ Million)

Figure 59. Italy Thermal Oil Circulation Heater Revenue (2020-2031) & (US$ Million)

Figure 60. Russia Thermal Oil Circulation Heater Revenue (2020-2031) & (US$ Million)

Figure 61. Asia-Pacific Thermal Oil Circulation Heater Sales YoY (2020-2031) & (K Units)

Figure 62. Asia-Pacific Thermal Oil Circulation Heater Revenue YoY (2020-2031) & (US$ Million)

Figure 63. Asia-Pacific Top 8 Manufacturers Thermal Oil Circulation Heater Sales Revenue (US$ Million) in 2024

Figure 64. Asia-Pacific Thermal Oil Circulation Heater Sales Volume (K Units) by Type (2020- 2031)

Figure 65. Asia-Pacific Thermal Oil Circulation Heater Sales Revenue (US$ Million) by Type (2020- 2031)

Figure 66. Asia-Pacific Thermal Oil Circulation Heater Sales Volume (K Units) by Application (2020-2031)

Figure 67. Asia-Pacific Thermal Oil Circulation Heater Sales Revenue (US$ Million) by Application (2020-2031)

Figure 68. Indonesia Thermal Oil Circulation Heater Revenue (2020-2031) & (US$ Million)

Figure 69. Japan Thermal Oil Circulation Heater Revenue (2020-2031) & (US$ Million)

Figure 70. South Korea Thermal Oil Circulation Heater Revenue (2020-2031) & (US$ Million)

Figure 71. China Taiwan Thermal Oil Circulation Heater Revenue (2020-2031) & (US$ Million)

Figure 72. India Thermal Oil Circulation Heater Revenue (2020-2031) & (US$ Million)

Figure 73. Central and South America Thermal Oil Circulation Heater Sales YoY (2020-2031) & (K Units)

Figure 74. Central and South America Thermal Oil Circulation Heater Revenue YoY (2020-2031) & (US$ Million)

Figure 75. Central and South America Top 5 Manufacturers Thermal Oil Circulation Heater Sales Revenue (US$ Million) in 2024

Figure 76. Central and South America Thermal Oil Circulation Heater Sales Volume (K Units) by Type (2021-2031)

Figure 77. Central and South America Thermal Oil Circulation Heater Sales Revenue (US$ Million) by Type (2020-2031)

Figure 78. Central and South America Thermal Oil Circulation Heater Sales Volume (K Units) by Application (2020-2031)

Figure 79. Central and South America Thermal Oil Circulation Heater Sales Revenue (US$ Million) by Application (2020-2031)

Figure 80. Brazil Thermal Oil Circulation Heater Revenue (2020-2025) & (US$ Million)

Figure 81. Argentina Thermal Oil Circulation Heater Revenue (2020-2025) & (US$ Million)

Figure 82. Middle East, and Africa Thermal Oil Circulation Heater Sales YoY (2020-2031) & (K Units)

Figure 83. Middle East and Africa Thermal Oil Circulation Heater Revenue YoY (2020-2031) & (US$ Million)

Figure 84. Middle East and Africa Top 5 Manufacturers Thermal Oil Circulation Heater Sales Revenue (US$ Million) in 2024

Figure 85. Middle East and Africa Thermal Oil Circulation Heater Sales Volume (K Units) by Type (2021-2031)

Figure 86. South America Thermal Oil Circulation Heater Sales Revenue (US$ Million) by Type (2020-2031)

Figure 87. Middle East and Africa Thermal Oil Circulation Heater Sales Volume (K Units) by Application (2020-2031)

Figure 88. Middle East and Africa Thermal Oil Circulation Heater Sales Revenue (US$ Million) by Application (2020-2031)

Figure 89. GCC Countries Thermal Oil Circulation Heater Revenue (2020-2025) & (US$ Million)

Figure 90. Turkey Thermal Oil Circulation Heater Revenue (2020-2025) & (US$ Million)

Figure 91. Egypt Thermal Oil Circulation Heater Revenue (2020-2025) & (US$ Million)

Figure 92. South Africa Thermal Oil Circulation Heater Revenue (2020-2025) & (US$ Million)

Figure 93. Thermal Oil Circulation Heater Industry Chain Mapping

Figure 94. Regional Thermal Oil Circulation Heater Manufacturing Base Distribution (%)

Figure 95. Thermal Oil Circulation Heater Production Process

Figure 96. Regional Thermal Oil Circulation Heater Production Cost Structure

Figure 97. Channels of Distribution (Direct Vs Distribution)

Figure 98. Bottom-up and Top-down Approaches for This Report

Figure 99. Data Triangulation

Figure 100. Key Executives Interviewed

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Global Thermal Oil Circulation Heater Market Outlook, In‑Depth Analysis & Forecast to 2031

Published Date: October 2025

Report Code: QYRE-Auto-30A17519

Global Thermal Oil Circulation Heater Market Outlook, In‑Depth Analysis & Forecast to 2031

FEATURED COMPANIES

Thermal Oil Circulation Heater Market

Report Includes:

Scope of Thermal Oil Circulation Heater Market Report

Chapter Outline

FAQ for this report

Who are the main players in the Thermal Oil Circulation Heater Market report?

What are the Application segmentation covered in the Thermal Oil Circulation Heater Market report?

What are the Type segmentation covered in the Thermal Oil Circulation Heater Market report?

FEATURED COMPANIES

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