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Electric Heat Tracing (EHT) Market Expected to Witness a Significant Growth of $4.12 Billion by 2026, at CAGR of 7.5% | Global Key Players - Bartec, Briskheat, Chromalox, Danfoss, Drexan, Eltherm, Emerson, Neptech, Parker-Hannifin

07-10-2018 06:02 AM CET | Energy & Environment

Press release from: Market Prognosis

Electric Heat Tracing (EHT) Market

Electric Heat Tracing (EHT) Market

Marketprognosis.com Publish a New Market Research Report On “Electric Heat Tracing (EHT) - Global Market Outlook (2017-2026)” which contains global key player’s survey information and forecast to 2026.

Overview of the Global Electric Heat Tracing (EHT) Market:

The Global Electric Heat Tracing (EHT) market is accounted for $2.14 Billion in 2017 and is expected to reach $4.12 Billion by 2026 growing at a CAGR of 7.5%. Some of the key factors fueling the market include rising demand for heat tracing systems from several industries, adoption of electric heat tracing systems over conventional steam and increasing demand for permanent heating solutions. However, high cost, complex design and devastating effects of overlapping of heating cables are hampering the market growth.

Get a Sample Copy of this Report @ https://www.marketprognosis.com/sample-request/15306 .

Electric heat tracing is used to sustain the temperature within pipes, tanks and vessels.. It is also used to reimburse for the loss of heat. Mainly, electric heat tracing is used to avoid freezing by maintaining the material above the essential temperature that enables smooth material flow inside the pipe or vessel. Electric heat tracing decreases the viscosity of a fluid for effective pumping. Moreover, it is also used to raise the temperature of the fluid inside the pipe, avoid the formation of liquids in gas lines, and enable minimal formation of solids in liquid pipes. Early and regular electric heat tracing audit is very important, as it could help in predicting the approximate time of electric heat tracing failure.

Geographically, North America is anticipated to dominate the global market during the forecast period due to increasing acceptance of electric heat tracing systems for a variety of applications. In addition, as it is cold region, the chances of pipe freezing are high. Oil & gas is a main industry in the US, which is important to the economy of North America.

Major Key Players:

1 Bartec

2 Briskheat

3 Chromalox

4 Danfoss

5 Drexan

6 Eltherm

7 Emerson

8 Heat Trace Products

9 Neptech

10 Parker-Hannifin and More…………….

Purchase this report online with Top Key Players Analysis and List of Tables & Figure @ https://www.marketprognosis.com/buyReport/15306 .

Market Segment by Types:

1 Skin Effect

2 Constant Wattage

3 Mineral–Insulated

4 Self-Regulating

Market Segment by End Users:

1 Chemicals

2 Water & Wastewater Management

3 Oil & Gas

4 Food & Beverages

5 Commercial

6 Power & Energy

7 Residential

8 Other End Users

Any Query? Ask to our Expert @ https://www.marketprognosis.com/enquiry/15306 .

What Information does this report contain?

1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants

2 Which are the leading market products, applications & regions and how will they perform by 2026?

3 What are the technologies & innovation trends, how will they evolve by 2026?

4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Electric Heat Tracing (EHT) Market.

About us:

We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:

ProgMark Pvt. Ltd.
Thane – 421501
India.

sales@marketprognosis.com
+1 973 241 5193
https://www.marketprognosis.com

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