Electric Heat Tracing Market Size & Growth

 

The findings reviewed by GME stated that the Global Electric Heat Tracing Market will expand with a CAGR value of 8.1 percent by 2026. The primary purpose of adopting electric heat tracing systems is to compensate for the heat loss and sustain the process temperature. The increasing outlay on evolving oil or gas pipeline infrastructures, along with growing health, environmental, and safety apprehensions on the same, is the reason for fast-tracking the advancement of the global Electric Heat Tracing market.

Browse 153 Market Data Tables and 113 Figures spread through 183 Pages and in-depth TOC on "Global Electric Heat Tracing Market - Forecast to 2026" 

https://www.globalmarketestimates.com/market-report/global-electric-heat-tracing-market-3162

By Type (Self-Regulating, Constant Wattage, Mineral Insulated, Skin Effect), By Application (Freeze Protection & Process Temperature Maintenance, Floor Heating, Roof & Gutter De-Icing, Others), By Vertical (Oil & Gas, Chemical, Commercial, Residential, Power & Energy, Food & Beverages, Pharmaceuticals, Water & Wastewater Management, Others), By Region (North America, Asia Pacific, Europe, Latin America, Middle East & Africa); End-User Landscape, Company Market Share Analysis, and Competitor Analysis

 Key Market Insights

·       Freezing may be prevented with electric heat tracing, involving the installation of cables along the pipes to offer resistance heating.

·       Heat tracing can be deployed with steam, although it is only feasible when clients can access moisture at quite a realistic cost.

·       Several types of heat trace cables are available commercially and are carefully chosen based on the voltage, insulation material, and heat output per unit of length.

·       Moreover, cold weather for months in these nations, the replacement of traditional heat tracing systems with electric heat tracing systems, the extension of oil and gas production pipelines

·       In both upstream and downstream applications, heat tracing is used with the oil and gas sector to aid in the processing, transportation, and freeze protection of energy products.

·       Drexan Energy Systems, Inc., King Electric, Ebeco, Nexans, Trasor Corp., SST Group, Urecon, WARMUP Plc, Thermon, nVent, NIBE Industrier AB, Spirax-Sarco Engineering plc, Danfoss, BARTEC, Emerson, Eltherm, Watlow, Heat Trace, and Drexma Industries, among others, are some of the identified market players.

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Type Outlook (Revenue, USD Billion, 2021-2026)

·       Self-Regulating

·       Constant Wattage

·       Mineral Insulated

·       Skin Effect

Application Outlook (Revenue, USD Billion, 2021-2026)

·       Freeze Protection & Process Temperature Maintenance

·       Floor Heating

·       Roof & Gutter De-Icing

·       Others

Vertical Outlook (Revenue, USD Billion, 2021-2026)

·       Oil & Gas

·       Chemicals

·       Commercial

·       Residential

·       Power & Energy

·       Food & Beverages

·       Pharmaceuticals

·       Water & Wastewater Management

·       Others

Regional Outlook (Revenue, USD Billion, 2021-2026)

North America                                                                                 

• The U.S.
• Canada
• Mexico

Europe

• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe

 

Asia Pacific

• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC

Central & South America

• Brazil
• Argentina
• Rest of CSA

Middle East & Africa

• Saudi Arabia
• UAE
• Rest of MEA

 

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