For the last two winters, I suffered in an insulated hangar with insufficient heat. Here are some notes on what I used:
Winter #1: Torpedo-type propane heater. These pump out the heat, but they sound like a jet engine. Forget about hearing someone knock on the door, and forget about enjoying music while you work. Also, the moment you turn it off, the heat dissipates quickly. Worst of all, this type of heater puts out a lot of fumes, so I installed a CO detector on the wall, which alarmed every half-hour or so, causing me to shut off the heater and ventilate the place. Overall, I'd say they are pure misery -- and could be dangerous to your health when used in a hangar or other enclosed space.
Winter #2: Wall-mounted, ventless propane heater. Much quieter, and almost no fumes. They also put out less heat. My shop took over an hour to be heated from 35 degrees up to 50 degrees (my limit). On very cold days (below about 25 degrees OAT, it simply couldn't warm up the shop enough for me to work at all. It empties a 20-pound bottle of propane in 7-10 hours of run-time.
Winter #3 (almost upon us): I broke down and installed a
ceiling-mounted, vented, Modine industrial gas heater (75k BTU) and a
ceiling fan to push the heat down to floor level. The noise level is tolerable. It costs more to run than the other types, but it heats the shop quickly and fume-free. It has a low-temp thermostat I can set and forget at 40 degrees when I'm not in the shop. Now I have no more excuses for lack of progress...
The only downside is that the gas company will charge me $8/month for the gas connection, regardless of whether I use one bit of gas. (Even in the warm summer months, when the heater is shut off completely!)
I've heard the infrared "tube"-type heaters are pretty efficient and they heat the stuff you're working with (tools, aluminum skin, hardware) very quickly. I have no experience with them, though...
And then there's in-floor radiant heat. Probably the most deluxe option. Maybe when I win the lottery...