Asia Pacific Electric Heat Tracing Market – Industry Analysis and Market Forecast (2017-2024) - PowerPoint PPT Presentation

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Asia Pacific Electric Heat Tracing Market – Industry Analysis and Market Forecast (2017-2024)

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Asia Pacific Electric Heat Tracing Market is expected to reach USD XX Billion by 2024 from USD XX Billion in 2016 at a CAGR of XX% (Detailed analysis of the market CAGR is provided in the report). – PowerPoint PPT presentation

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Title: Asia Pacific Electric Heat Tracing Market – Industry Analysis and Market Forecast (2017-2024)


1
Asia Pacific Electric Heat Tracing Market
Industry Analysis and Market Forecast (2017-
2024) _ by Type, by Application, by Vertical, and
by Geography
Market Scenario Asia Pacific Electric Heat
Tracing Market is expected to reach USD XX
Billion by 2024 from USD XX Billion in 2016 at a
CAGR of XX (Detailed analysis of the market CAGR
is provided in the report).
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. It is the process
heating that keeps the pipes as well as the
vessels warm enough to enable all the systems to
function properly. The Asia Pacific market for
Electric Heat Tracing is classified into type,
application, vertical, and geography. By type,
the market is divided into constant wattage, skin
effect, self-regulating, and mineralinsulated.
Floor heating, viscosity control, roof and
gutter, freeze protection, and process
temperature maintenance formed the various
application areas based on which the market for
electric heat tracing is segmented in the Asia
Pacific. The various verticals that are being
considered under the scope of the report include
residential, commercial, oil gas, chemicals,
food beverages, water wastewater management,
and power energy. Different type of insulation
materials is used for diminishing the heat loss
at various plants facilities like Process Line,
Vessel. Yet there are some difficulties for
providing freeze protection as well as the
2
  • temperature maintenance due to the huge amount of
    heat loss even when there are several types of
    insulation materials being installed. There are
    still difficulties present that are related to
    construction or maintenance in these methods.
    This is why electric heat tracing was developed
    as one of the new heat tracing methods.
  • Companies such as Pentair helps in providing a
    complete system that includes the transformer,
    power connections, heating cable, control and
    monitoring panels, end terminations, along with
    the related accessories. Heat tracing is
    primarily used to counteract the heat lost made
    from process equipment along with piping through
    its insulation.
  • Natural gas is considered both as a clean source
    of energy as well as a chemical feedstock. From
    examination to distribution and lastly end-of-use
    location, the natural gas entails multiple
    processing phases. These are required for
    transporting the gas over long distances,
    recovering valuable components confined in the
    gas streams, along with providing the means for
    the safer elimination of toxic and
    environmentally detrimental components enclosed
    in the gas. All these factors have further
    driven the application of electric heat tracing
    globally.
  • China, India, Japan, South Korea and Australia
    are some of the key countries that been the major
    contributors of the growth of electric heat
    tracing market in Asia Pacific region. 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 Asia Pacific region.
  • Key Highlights
  • Asia Pacific Electric Heat Tracing market size
    analysis and forecast.
  • Comprehensive study and analysis of market
    drivers, restraints, and opportunities
    influencing the growth of the Asia Pacific
    Electric Heat Tracing market.
  • Asia Pacific Electric Heat Tracing Market
    segmentation on the basis of type, application,
    vertical, and geography.
  • Asia Pacific Electric Heat Tracing Market
    strategic analysis with respect to individual
    growth trends, future prospects along with the
    contribution of various sub-market stakeholders
    have been considered under the scope of the
    study
  • Asia Pacific Electric Heat Tracing Market
    analysis and forecast for major countries has
    been provided.
  • Profiling of key industry players, their
    strategic perspective, and analysis of core
    competencies
  • Competitive landscape of the key players
    operating in the Asia Pacific Electric Heat
    Tracing Market including competitive
    developments, investments, and strategic
    expansion
  • Years that have been considered for the study are
    as follows
  • Base Year 2016
  • Estimated Year 2017
  • Forecast Period 2017 to 2024

3
  • For company profiles, 2016 has been considered as
    the base year. In cases, wherein information was
    unavailable for the base year, the years prior to
    it have been considered.
  • Research Methodology
  • The market is estimated by triangulation of data
    points obtained from various sources and feeding
    them into a simulation model created
    individually for each market. The data points are
    obtained from paid and unpaid sources along with
    paid primary interviews with key opinion leaders
    (KOLs) in the market.
  • KOLs from both, demand and supply side were
    considered while conducting interviews to get an
    unbiased idea of the market. This exercise was
    done at country level to get fair idea of the
    market in countries considered for this study.
    Later this country specific data was accumulated
    to come up with regional numbers and then arrive
    at a market value for Asia Pacific Electric Heat
    Tracing Market.
  • Some of the key players of the Asia Pacific
    Electric Heat Tracing market include
  • AP Associates
  • Jiangyin Mengyou Electric Heating Appliances Co.,
    Ltd.
  • Chromalox
  • Eltherm
  • Emerson
  • Parker Hannifin
  • Pentair
  • Kerone
  • Lloyd Insulations
  • Korea EHT
  • Key Target Audience
  • Electric heat tracing system manufacturers and
    suppliers
  • Analysts and strategic business planners
  • End users of electric heat tracing systems

4
  • The research report segments Asia Pacific
    Electric Heat Tracing Market based on type,
    application, vertical, and geography.
  • Asia Pacific Electric Heat Tracing Market, By
    Type
  • Constant Wattage
  • Skin Effect
  • Self-Regulating
  • MineralInsulated
  • Asia Pacific Electric Heat Tracing Market, By
    Application
  • Floor Heating
  • Viscosity Control
  • Roof and Gutter
  • Freeze Protection
  • Process Temperature Maintenance
  • Asia Pacific Electric Heat Tracing Market, By
    Vertical
  • Residential
  • Commercial
  • Oil Gas
  • Chemicals
  • Food Beverages
  • Water Wastewater Management

5
  • Geographic Analysis
  • Breakdown of China Electric Heat Tracing market
  • Breakdown of Japan Electric Heat Tracing market
  • Breakdown of India Electric Heat Tracing market
  • Breakdown of South Korea Electric Heat Tracing
    market
  • Breakdown of Australia Electric Heat Tracing
    market
  • Breakdown of Others Electric Heat Tracing market
    Available Customizations
  • Maximize Market Research offers customizations of
    reports according to the specific requirement of
    our clients.
  • This Report Is Submitted By This _at_Maximize Market
    Research Company
  • About Maximize Market Research
  • Maximize Market Research provides B2B and B2C
    research on 20,000 high growth emerging
    opportunities technologies as well as threats
    to the companies across the Healthcare,
    Pharmaceuticals, Electronics Communications,
    Internet of Things, Food and Beverages, Aerospace
    and Defense and other manufacturing sectors
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