The commercial viability of heat exchanger is mainly dependent on its long-term fouling characteristic because the fouling increases the pressure loss and degrades the thermal performance of a heat exchanger. An experimental study was performed to investigate the characteristics of fluid flow and heat transfer in a fluidized bed heat exchanger with circulating various solid particles. The present work showed that the higher densities of particles had higher drag force coefficients, and the increases in heat transfer were in the order of sand, copper, steel, aluminum, and glass below Reynolds number of 5,000.