Oil & Gas Equipment & Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
Refinery Heaters
Overview
Market size
$4,800
global, USD
CAGR
3.2%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
3 high severity
Market outlook
2031$5619
What changed
Demand by region
Asia Pacific demand39%
North America demand28%
Europe demand17%
Middle East and Africa demand16%
share of global demandtotal 100%
Cost drivers
Steel and Alloy Piping (API 530/560 grades)40%
Specialized Combustion and Burner Systems20%
Engineering, Design and Fabrication Labor20%
Refractory and Insulation Materials10%
Freight, Testing and Field Commissioning10%
share of delivered cost (analyst estimate)