Asia Pacific Electric Heat Tracing Market – Industry Analysis and Forecast (2017-2024) _ by Type (Constant Wattage, Skin Effect, Self-Regulating, and Mineral–Insulated), by Application (Floor Heating, Viscosity Control, Roof and Gutter, Freeze Protection, and Process Temperature Maintenance), by Vertical (Residential, Commercial, Oil & Gas, Chemicals, Food & Beverages, Water & Wastewater Management, Power & Energy), and by Geography (China, Japan, India, South Korea, Australia. Others)
The petrochemical plants have a few thousands of feet of electric heat tracing. These are used primarily for process heating. The process heating protection is required to protect lines and vessels from extreme freezing during the colder months of travel.
https://www.maximizemarketresearch.com/market-report/asia-pacific-electric-heat-tracing-market/6938/
Electric Heat Tracing Market Size is expected to reach from USD XX Billion in 2016 to USD XX Billion by 2024, at a CAGR of XX% between 2017 and 2024.
Report includes assessment of market definition along with the identification of key players and analysis of their strategies, complete quantitative analysis of the industry from 2016 to 2024 to enable the stakeholders to capitalize on the prevailing market opportunities, market analysis and comprehensive segmentation with respect to the type, application, vertical, and geography to assist in strategic business planning.
Different type of insulation materials are used for diminishing the heat loss at various plant’s facilities like Process Line, Vessel. Yet there are some difficulties for providing freeze protection as well as the temperature maintenance due to huge amount of heat loss even when there are several type of insulation materials being installed. There are still difficulties present that are related in construction or maintenance in these methods.
The Process temperature maintenance segment is expected to witness huge market growth and a large market share:
Process temperature maintenance and freeze protection applications are expected to witness highest CAGR during the forecast period. Wide use of freeze protection in applications such as oil & gas, pulp & paper, and chemicals among others.
China held one of the largest share of the market during the forecast period:
Major focus on improving the oil & gas sector along with rise in complications while the materials travel through pipes have driven the overall market demand in China.
Scope of the Report:
Asia Pacific Electric Heat Tracing Market Size , by Type: Constant Wattage, Skin Effect, Self-Regulating, and Mineral–Insulated
Asia Pacific Electric Heat Tracing Market Size , by Application: Floor Heating, Viscosity Control, Roof and Gutter, Freeze Protection, and Process Temperature Maintenance
Asia Pacific Electric Heat Tracing Market Size , by Vertical: Residential, Commercial, Oil & Gas, Chemicals, Food & Beverages, Water & Wastewater Management, Power & Energy
Asia Pacific Electric Heat Tracing Market Size , By Geography: China, Japan, India, South Korea, Australia. Others
Asia Pacific Electric Heat Tracing Market Size , Company profiles:
• AP Associates
• Jiangyin Mengyou Electric Heating Appliances Co., Ltd.
• Chromalox
• Eltherm
• Emerson
• Parker Hannifin
• Pentair
• Kerone
• Lloyd Insulations
• Korea EHT