The report offers detailed coverage of Electric Heating Cable industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Electric Heating Cable by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
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.
The report forecast global Electric Heating Cable market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Electric Heating Cable market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
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
At the same time, we classify Electric Heating Cable according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Self-regulating Heating Cable
Constant Wattage Heating Cable
Mineral Insulated Heating Cable
Skin-Effect Heat-Tracing Cable
Market by Application
Industrial
Residential
Commercial
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Electric Heating Cable market for the forecast period 2021 - 2025?
• What are the driving forces in the Electric Heating Cable market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Electric Heating Cable industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?