Global Electric Heating Cable Market Research Report 2020
An Electric Heating Cable is a wire cable that produces heat, also referred to as heat trace cable amongst the industry. It is used for a wide range of applications including heat loss replacement, pipe tracing, freeze protection, viscosity control, temperature process maintenance, roof and gutter, and much more. In this report, it mainly focuses on the industrial applications.
Electric heating cable is mainly classified into four types: self-regulating, constant wattage, mineral insulated and skin-effect heating cable. And self-regulating heating cable is the most widely used type which takes up about 58% of the global total in 2015.
The global electric heating cable average price is in the decline trend, from 10.6 $/MT in 2011 to 9.5 $/MT in 2016. The price will be in decline trend if more capacity goes into operation and price of the raw material get reduction in the future.
China is the largest consumption country of Electric heating cable in the world in the past few years and it will keep the same position in the next few years. Chinese market took up about 35% the global market in 2015, followed by Europe (27%), and North America is followed with the share about 16%.
China, USA, Germany, Russia are now the key producers of electric heating cables. There are many producers with low price, poor quality products and vicious competition in China. It is so disordered. The high quality products are mainly supplied by overseas producers. Other key factories of electric heating cable are from Korea, France, U.K., Canada, etc.
Raychem, SST, Anhui Huanrui, Thermon, Bartec, Wuhu Jiahong, Emerson, Anbang, Eltherm, Heat Trace Products, Anhui Huayang and Chromalox are the key producers in the global Electric heating cable market. Top ten took up about 50% of the global production in 2015. Raychem, SST, Thermon, which have leading technology and market position, are wellknown suppliers around the world, and Anhui Huanrui, Wuhu Jiahong, Anbang, Anhui Huayang are the leading supplier in China with the total local share of about 50%. Raychem, which is the global leading brand of electric heating cable and once was part of Tyco Thermal Controls, is a new brand of Pentair since 2012.
Market Analysis and Insights: Global Electric Heating Cable Market
The global Electric Heating Cable market is valued at 2443.7 million US$ in 2020 is expected to reach 2870.6 million US$ by the end of 2026, growing at a CAGR of 2.3% during 2021-2026.
Global Electric Heating Cable Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Self-regulating Heating Cable
Constant Wattage Heating Cable
Mineral Insulated Heating Cable
Skin-Effect Heat-Tracing Cable
Segment by Application
Industrial
Residential
Commercial
Global Electric Heating Cable Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Electric Heating Cable market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Electric Heating Cable Market:
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include Raychem, SST, Anhui Huanrui, Thermon, Bartec, Wuhu Jiahong, Emerson, Anbang, Eltherm, Heat Trace Products, Anhui Huayang, Chromalox, Isopad, King Manufacturing, Flexelec, Garnisch, FINE Unichem, Wanlan Group, SunTouch, Aoqi Electric, Thanglong Electric, Urecon, BriskHeat, Daming, etc.
Electric heating cable is mainly classified into four types: self-regulating, constant wattage, mineral insulated and skin-effect heating cable. And self-regulating heating cable is the most widely used type which takes up about 58% of the global total in 2015.
The global electric heating cable average price is in the decline trend, from 10.6 $/MT in 2011 to 9.5 $/MT in 2016. The price will be in decline trend if more capacity goes into operation and price of the raw material get reduction in the future.
China is the largest consumption country of Electric heating cable in the world in the past few years and it will keep the same position in the next few years. Chinese market took up about 35% the global market in 2015, followed by Europe (27%), and North America is followed with the share about 16%.
China, USA, Germany, Russia are now the key producers of electric heating cables. There are many producers with low price, poor quality products and vicious competition in China. It is so disordered. The high quality products are mainly supplied by overseas producers. Other key factories of electric heating cable are from Korea, France, U.K., Canada, etc.
Raychem, SST, Anhui Huanrui, Thermon, Bartec, Wuhu Jiahong, Emerson, Anbang, Eltherm, Heat Trace Products, Anhui Huayang and Chromalox are the key producers in the global Electric heating cable market. Top ten took up about 50% of the global production in 2015. Raychem, SST, Thermon, which have leading technology and market position, are wellknown suppliers around the world, and Anhui Huanrui, Wuhu Jiahong, Anbang, Anhui Huayang are the leading supplier in China with the total local share of about 50%. Raychem, which is the global leading brand of electric heating cable and once was part of Tyco Thermal Controls, is a new brand of Pentair since 2012.
Market Analysis and Insights: Global Electric Heating Cable Market
The global Electric Heating Cable market is valued at 2443.7 million US$ in 2020 is expected to reach 2870.6 million US$ by the end of 2026, growing at a CAGR of 2.3% during 2021-2026.
Global Electric Heating Cable Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Self-regulating Heating Cable
Constant Wattage Heating Cable
Mineral Insulated Heating Cable
Skin-Effect Heat-Tracing Cable
Segment by Application
Industrial
Residential
Commercial
Global Electric Heating Cable Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Electric Heating Cable market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Electric Heating Cable Market:
Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include Raychem, SST, Anhui Huanrui, Thermon, Bartec, Wuhu Jiahong, Emerson, Anbang, Eltherm, Heat Trace Products, Anhui Huayang, Chromalox, Isopad, King Manufacturing, Flexelec, Garnisch, FINE Unichem, Wanlan Group, SunTouch, Aoqi Electric, Thanglong Electric, Urecon, BriskHeat, Daming, etc.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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