Mineral insulated (MI) heating cable is a type of heating cable with semi-rigid resistance wire and magnesia (mineral) insulating layer. Mineral Insulated heating cables are used where high power output, high exposure temperatures, or extreme resistance to environmental corrosives are needed.
Mineral insulated heating cable is mainly classified into two types: single conductor, double conductor. And single conductor is the most widely used type which takes up about 64% of the global total in 2016.
China is the largest consumption country of mineral insulated heating cable in the world in the past few years and it will keep the same position in the next few years. Chinese market took up about 29% the global market in 2016, followed by Europe (27%), and North America is followed with the share about 24%.
SST is the largest supplier of mineral insulated heating cable in Russia, and it took about half of the Russian market while the Russian market is about 8.6% of the global total market. Other key suppliers are Raychem, Anhui Huanrui, Thermon, Bartec, Wuhu Jiahong, Emerson, Eltherm, etc. in Russia.
The Mineral Insulated Heating Cable market was valued at 250 Million US$ in 2018 and is projected to reach 370 Million US$ by 2025, at a CAGR of 5.0% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Mineral Insulated Heating Cable.
This report presents the worldwide Mineral Insulated Heating Cable market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Raychem
SST
Thermon
Bartec
Wuhu Jiahong
Anhui Huanrui
Emerson
Anbang
Anhui Huayang
Eltherm
Chromalox
Isopad
Thanglong Electric
BriskHeat
Mineral Insulated Heating Cable Breakdown Data by Type
Single Conductor
Double Conductor
Others
Mineral Insulated Heating Cable Breakdown Data by Application
Industrial
Residential
Commercial
Mineral Insulated Heating Cable Production by Region
United States
Europe
China
Japan
South Korea
Other Regions
Mineral Insulated Heating Cable Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Mineral Insulated Heating Cable status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Mineral Insulated Heating Cable manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Mineral Insulated Heating Cable :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (Km). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Mineral Insulated Heating Cable market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Mineral Insulated Heating Cable . Industry analysis & Market Report on Mineral Insulated Heating Cable is a syndicated market report, published as Global Mineral Insulated Heating Cable Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Mineral Insulated Heating Cable market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.