Electric heating cable is a wire cable that generates heat, also known as heat trace cable in the industry. It is used in a wide range of applications including heat loss replacement, pipe tracing, freeze protection, viscosity control, temperature process maintenance, roofing and gutters, and more.
Leading producers in the industry include Raychem, SST and Anhui Huanrui, accounting for 25.79% of total revenue. According to the region, the European region had the highest income in 2019, accounting for 41.65%.
The global electric heating cable market size in 2019 was $275 million, and is expected to reach $399 million by the end of 2026, and the annual average growth rate is expected to reach 4% in 2021-2027.
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The major companies include:
- Flexelec
- Garnisch
- FINE Unichem
- Wanlan Group
- SunTouch
- Aoqi Electric
- Shenglong Electrical
- Arecont
- BriskHeat
- Daming
Segment by Type, the Electric Heating Cable market is segmented into
- Self-regulating Heating Cable
- Constant Wattage Heating Cable
- Mineral Insulated Heating Cable
- Skin-Effect Heat-Tracing Cable
Segment by Application, the Electric Heating Cable market is segmented into
- Industrial
- Residential
- Commercial
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Scope of the Report
The research study analyzes the global Electric Heating Cable industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Electric Heating Cable Market Report
1. What was the Electric Heating Cable Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Electric Heating Cable Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Electric Heating Cable Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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