Electric Heat Tracing - Global Market Outlook (2019-2027)

According to Stratistics MRC, the Global Electric Heat Tracing Market is accounted for $1.54 billion in 2019 and is expected to reach $3.36 billion by 2027 growing at a CAGR of 10.2% during the forecast period. Rising demand for energy-efficient electric heat tracing systems and low maintenance cost associated with electric heat tracing systems are the major factors driving the market growth. However, devastating effects of overlapping of heating cables is restraining the market growth. Moreover, growing demand for heat tracing systems from various end-user industries and rising adoption of heat tracing systems in power plants would provide ample opportunities for the market growth.

Electric trace heating is the process of enhancing the levels of temperature in pipes, floors, vessels and other infrastructural surfaces with the help of heat tracing cables. This is highly significant in areas where the temperatures can drop significantly and can result in freezing of pipes, vessels and other components in an industry.

Based on type, the self-regulating segment is likely to have a huge demand as self-regulating heating cables are ideal for temperature maintenance and frost-prevention installations because they produce more heat when it is cold and conversely less heat in warm conditions. By geography, North America is going to have a lucrative growth during the forecast period as US and Canada are among the coldest countries in the world. Electric heat tracing finds increasing adoption in these countries for applications such as freeze protection, roof & gutter de-icing, and floor heating.

Some of the key players profiled in the Electric Heat Tracing Market include Bartec, Briskheat Corporation, Chromalox Inc, Danfoss, Drexan Energy Systems, eltherm GmbH, Emerson Electric Co, Heat Trace Products LLC, Parker-Hannifin, Pentair plc, QMax Industries Inc, Spirax-Sarco Engineering plc, Technitrace, Thermon Inc and Warmup Plc.

Methods Covered:

• Impedance
• Induction
• Resistive

Temperatures Covered:

• Up to 100°C
• 101°C to 250°C
• Above 250°C

System Components Covered:

• Heating Tracing Cables
• Insulation Material
• Power Connection Kit
• Monitoring and Control Systems

Types Covered:

• Constant Wattage
• Mineral Insulated
• Parallel Constant Watt Heating Cable
• Power-Limiting Heating Cable
• Self-Regulating
• Series Constant Watt Heating Cables
• Skin Effect

Applications Covered:

• Floor Heating
• Freeze Protection
• Process Temperature Maintenance
• Roof & Gutter De-Icing
• Viscosity Control

End Users Covered:

• Chemicals
• Commercial
• Food & Beverages
• Oil & Gas
• Pharmaceuticals
• Power, Energy & Heavy Industry
• Residential
• Water & Wastewater Management
• Other End Users

Sales Channels Covered:

• Distributor
• Direct Sales

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking

Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Electric Heat Tracing Market, By Method

• 5.1 Introduction
• 5.2 Impedance
• 5.3 Induction
• 5.4 Resistive

6 Global Electric Heat Tracing Market, By Temperature

• 6.1 Introduction
• 6.2 Up to 100°C
• 6.3 101°C to 250°C
• 6.4 Above 250°C

7 Global Electric Heat Tracing Market, By System Components

• 7.1 Introduction
• 7.2 Heating Tracing Cables
• 7.3 Insulation Material
• 7.4 Power Connection Kit
• 7.5 Monitoring and Control Systems
  • 7.5.1 Thermostats
  • 7.5.2 Thermocouples
  • 7.5.3 Resistance Temperature Detectors

8 Global Electric Heat Tracing Market, By Type

• 8.1 Introduction
• 8.2 Constant Wattage
• 8.3 Mineral Insulated
• 8.4 Parallel Constant Watt Heating Cable
• 8.5 Power-Limiting Heating Cable
• 8.6 Self-Regulating
• 8.7 Series Constant Watt Heating Cables
• 8.8 Skin Effect

9 Global Electric Heat Tracing Market, By Application

• 9.1 Introduction
• 9.2 Floor Heating
• 9.3 Freeze Protection
• 9.4 Process Temperature Maintenance
• 9.5 Roof & Gutter De-Icing
• 9.6 Viscosity Control

10 Global Electric Heat Tracing Market, By End User

• 10.1 Introduction
• 10.2 Chemicals
• 10.3 Commercial
• 10.4 Food & Beverages
• 10.5 Oil & Gas
• 10.6 Pharmaceuticals
• 10.7 Power, Energy & Heavy Industry
• 10.8 Residential
• 10.9 Water & Wastewater Management
• 10.10 Other End Users
  • 10.10.1 Pulp & Paper
  • 10.10.2 Textile
  • 10.10.3 Transportation

11 Global Electric Heat Tracing Market, By Sales Channel

• 11.1 Introduction
• 11.2 Distributor
• 11.3 Direct Sales

12 Global Electric Heat Tracing Market, By Geography

• 12.1 Introduction
• 12.2 North America
  • 12.2.1 US
  • 12.2.2 Canada
  • 12.2.3 Mexico
• 12.3 Europe
  • 12.3.1 Germany
  • 12.3.2 UK
  • 12.3.3 Italy
  • 12.3.4 France
  • 12.3.5 Spain
  • 12.3.6 Rest of Europe
• 12.4 Asia Pacific
  • 12.4.1 Japan
  • 12.4.2 China
  • 12.4.3 India
  • 12.4.4 Australia
  • 12.4.5 New Zealand
  • 12.4.6 South Korea
  • 12.4.7 Rest of Asia Pacific
• 12.5 South America
  • 12.5.1 Argentina
  • 12.5.2 Brazil
  • 12.5.3 Chile
  • 12.5.4 Rest of South America
• 12.6 Middle East & Africa
  • 12.6.1 Saudi Arabia
  • 12.6.2 UAE
  • 12.6.3 Qatar
  • 12.6.4 South Africa
  • 12.6.5 Rest of Middle East & Africa

13 Key Developments

• 13.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 13.2 Acquisitions & Mergers
• 13.3 New Product Launch
• 13.4 Expansions
• 13.5 Other Key Strategies

14 Company Profiling

• 14.1 Bartec
• 14.2 Briskheat Corporation
• 14.3 Chromalox Inc
• 14.4 Danfoss
• 14.5 Drexan Energy Systems
• 14.6 eltherm GmbH
• 14.7 Emerson Electric Co
• 14.8 Heat Trace Products LLC
• 14.9 Parker-Hannifin
• 14.10 Pentair plc
• 14.11 QMax Industries Inc
• 14.12 Spirax-Sarco Engineering plc
• 14.13 Technitrace
• 14.14 Thermon Inc
• 14.15 Warmup Plc

List of Tables

• Table 1 Global Electric Heat Tracing Market Outlook, By Region (2018-2027) ($MN)
• Table 2 Global Electric Heat Tracing Market Outlook, By Method (2018-2027) ($MN)
• Table 3 Global Electric Heat Tracing Market Outlook, By Impedance (2018-2027) ($MN)
• Table 4 Global Electric Heat Tracing Market Outlook, By Induction (2018-2027) ($MN)
• Table 5 Global Electric Heat Tracing Market Outlook, By Resistive (2018-2027) ($MN)
• Table 6 Global Electric Heat Tracing Market Outlook, By Temperature (2018-2027) ($MN)
• Table 7 Global Electric Heat Tracing Market Outlook, By Up to 100°C (2018-2027) ($MN)
• Table 8 Global Electric Heat Tracing Market Outlook, By 101°C to 250°C (2018-2027) ($MN)
• Table 9 Global Electric Heat Tracing Market Outlook, By Above 250°C (2018-2027) ($MN)
• Table 10 Global Electric Heat Tracing Market Outlook, By System Components (2018-2027) ($MN)
• Table 11 Global Electric Heat Tracing Market Outlook, By Heating Tracing Cables (2018-2027) ($MN)
• Table 12 Global Electric Heat Tracing Market Outlook, By Insulation Material (2018-2027) ($MN)
• Table 13 Global Electric Heat Tracing Market Outlook, By Power Connection Kit (2018-2027) ($MN)
• Table 14 Global Electric Heat Tracing Market Outlook, By Monitoring and Control Systems (2018-2027) ($MN)
• Table 15 Global Electric Heat Tracing Market Outlook, By Thermostats (2018-2027) ($MN)
• Table 16 Global Electric Heat Tracing Market Outlook, By Thermocouples (2018-2027) ($MN)
• Table 17 Global Electric Heat Tracing Market Outlook, By Resistance Temperature Detectors (2018-2027) ($MN)
• Table 18 Global Electric Heat Tracing Market Outlook, By Type (2018-2027) ($MN)
• Table 19 Global Electric Heat Tracing Market Outlook, By Constant Wattage (2018-2027) ($MN)
• Table 20 Global Electric Heat Tracing Market Outlook, By Mineral Insulated (2018-2027) ($MN)
• Table 21 Global Electric Heat Tracing Market Outlook, By Parallel Constant Watt Heating Cable (2018-2027) ($MN)
• Table 22 Global Electric Heat Tracing Market Outlook, By Power-Limiting Heating Cable (2018-2027) ($MN)
• Table 23 Global Electric Heat Tracing Market Outlook, By Self-Regulating (2018-2027) ($MN)
• Table 24 Global Electric Heat Tracing Market Outlook, By Series Constant Watt Heating Cables (2018-2027) ($MN)
• Table 25 Global Electric Heat Tracing Market Outlook, By Skin Effect (2018-2027) ($MN)
• Table 26 Global Electric Heat Tracing Market Outlook, By Application (2018-2027) ($MN)
• Table 27 Global Electric Heat Tracing Market Outlook, By Floor Heating (2018-2027) ($MN)
• Table 28 Global Electric Heat Tracing Market Outlook, By Freeze Protection (2018-2027) ($MN)
• Table 29 Global Electric Heat Tracing Market Outlook, By Process Temperature Maintenance (2018-2027) ($MN)
• Table 30 Global Electric Heat Tracing Market Outlook, By Roof & Gutter De-Icing (2018-2027) ($MN)
• Table 31 Global Electric Heat Tracing Market Outlook, By Viscosity Control (2018-2027) ($MN)
• Table 32 Global Electric Heat Tracing Market Outlook, By End User (2018-2027) ($MN)
• Table 33 Global Electric Heat Tracing Market Outlook, By Chemicals (2018-2027) ($MN)
• Table 34 Global Electric Heat Tracing Market Outlook, By Commercial (2018-2027) ($MN)
• Table 35 Global Electric Heat Tracing Market Outlook, By Food & Beverages (2018-2027) ($MN)
• Table 36 Global Electric Heat Tracing Market Outlook, By Oil & Gas (2018-2027) ($MN)
• Table 37 Global Electric Heat Tracing Market Outlook, By Pharmaceuticals (2018-2027) ($MN)
• Table 38 Global Electric Heat Tracing Market Outlook, By Power, Energy & Heavy Industry (2018-2027) ($MN)
• Table 39 Global Electric Heat Tracing Market Outlook, By Residential (2018-2027) ($MN)
• Table 40 Global Electric Heat Tracing Market Outlook, By Water & Wastewater Management (2018-2027) ($MN)
• Table 41 Global Electric Heat Tracing Market Outlook, By Other End Users (2018-2027) ($MN)
• Table 42 Global Electric Heat Tracing Market Outlook, By Pulp & Paper (2018-2027) ($MN)
• Table 43 Global Electric Heat Tracing Market Outlook, By Textile (2018-2027) ($MN)
• Table 44 Global Electric Heat Tracing Market Outlook, By Transportation (2018-2027) ($MN)
• Table 45 Global Electric Heat Tracing Market Outlook, By Sales Channel (2018-2027) ($MN)
• Table 46 Global Electric Heat Tracing Market Outlook, By Distributor (2018-2027) ($MN)
• Table 47 Global Electric Heat Tracing Market Outlook, By Direct Sales (2018-2027) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.