Electric Heating Cable Market Forecast by 2025: QY Research

This study focuses on the production side and consumption side of Solar Cell Metal Paste, presents the global Electric Heating Cable market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Electric Heating Cable capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Electric Heating Cable by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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 $/MT in 2016. The price will be in decline trend if more capacity goes into operation and price of the raw material get reduction in the future.
China is the largest consumption country of Electric heating cable in the world in the past few years and it will keep the same position in the next few years. Chinese market took up about 35% the global market in 2015, followed by Europe (27%), and North America is followed with the share about 16%.
China, USA, Germany, Russia are now the key producers of electric heating cables. There are many producers with low price, poor quality products and vicious competition in China. It is so disordered. The high quality products are mainly supplied by overseas producers. Other key factories of electric heating cable are from Korea, France, U.K., Canada, etc.
Raychem, SST, Anhui Huanrui, Thermon, Bartec, Wuhu Jiahong, Emerson, Anbang, Eltherm, Heat Trace Products, Anhui Huayang and Chromalox are the key producers in the global Electric heating cable market. Top ten took up about 50% of the global production in 2015. Raychem, SST, Thermon, which have leading technology and market position, are wellknown suppliers around the world, and Anhui Huanrui, Wuhu Jiahong, Anbang, Anhui Huayang are the leading supplier in China with the total local share of about 50%. Raychem, which is the global leading brand of electric heating cable and once was part of Tyco Thermal Controls, is a new brand of Pentair since 2012.
The Electric Heating Cable market was valued at 2330 Million US$ in 2017 and is projected to reach 2790 Million US$ by 2025, at a CAGR of 2.3% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Electric Heating Cable.

Key Players:
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

Product types:
Self-regulating Heating Cable
Constant Wattage Heating Cable
Mineral Insulated Heating Cable
Skin-Effect Heat-Tracing Cable

End-user/applications:
Industrial
Residential
Commercial

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QYResearch established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. the company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), experts resources (included energy automotive chemical medical ICT consumer goods etc industries experts who own more than 10 years experiences on marketing or R&D), professional survey team (the team member with more than 3 years market survey experience and more than 2 years depth expert interview experience). Excellent data analysis team (SPSS statistics and PPT graphics process team).

The Electric Heating Cable market was valued at 2330 Million US$ in 2017 and is projected to reach 2790 Million US$ by 2025, at a CAGR of 2.3% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Electric Heating Cable.

This release was published on openPR.