Abstract, Snapshot, Market Analysis & Market Definition: Electric Heating Cable Market
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 $/MT in 2016. The price will be in decline trend if more capacity goes into operation and price of the raw material get reduction in the future. China is the largest consumption country of Electric heating cable in the world in the past few years and it will keep the same position in the next few years. Chinese market took up about 35% the global market in 2015, followed by Europe (27%), and North America is followed with the share about 16%. China, USA, Germany, Russia are now the key producers of electric heating cables. There are many producers with low price, poor quality products and vicious competition in China. It is so disordered. The high quality products are mainly supplied by overseas producers. Other key factories of electric heating cable are from Korea, France, U. K. , Canada, etc. Raychem, SST, Anhui Huanrui, Thermon, Bartec, Wuhu Jiahong, Emerson, Anbang, Eltherm, Heat Trace Products, Anhui Huayang and Chromalox are the key producers in the global Electric heating cable market. Top ten took up about 50% of the global production in 2015. Raychem, SST, Thermon, which have leading technology and market position, are wellknown suppliers around the world, and Anhui Huanrui, Wuhu Jiahong, Anbang, Anhui Huayang are the leading supplier in China with the total local share of about 50%. Raychem, which is the global leading brand of electric heating cable and once was part of Tyco Thermal Controls, is a new brand of Pentair since 2012.
In 2019, the market size of Electric Heating Cable is 2383.4 million US$ and it will reach 2794.6 million US$ in 2025, growing at a CAGR of 2.3% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Electric Heating Cable. This report studies the global market size of Electric Heating Cable, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Electric Heating Cable production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
Market Segmentation, Outlook & Regional Insights: Electric Heating Cable Market
Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Self-regulating Heating Cable
Constant Wattage Heating Cable
Mineral Insulated Heating Cable
Skin-Effect Heat-Tracing Cable
Segmentation by Application: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Industrial
Residential
Commercial
Key Players, Recent Developments & Sector Viewpoints: Electric Heating Cable Market
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
Key Insights Covered: Exhaustive Electric Heating Cable Market
1. Market size (sales, revenue and growth rate) of Electric Heating Cable industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Electric Heating Cable industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Electric Heating Cable industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Electric Heating Cable industry.
Research Methodology: Electric Heating Cable Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.