Currently, there are many manufacturers companies in the world. The main market players are NIBE, Watlow, Chromalox, Zhenjiang Dongfang Electric Heating Technology Co.,Ltd, Friedr. Freek GmbH, OMEGA, Zoppas Industries, Thermowatt, Tutco Heating Solutions Group, Tempco Electric Heating Element Corporation and so on. Global sales value of Electric Heating Element is about 8571.0 Million USD in 2017.
In procudtion market, the Asia-Pacific revenue has increased to 2646.1 Million USD in 2017 and occupy a 30.88% market share.
Europe is the second procudtion regions of Electric Heating Element, with a revenue market share nearly 29.09% in 2017.
Electric Heating Element used in industry including Chemical & Plastics Industry, Pharmaceutical Industry, Transportation, Appliances and Others. Report data showed that 34.36% of the Electric Heating Element market demand in Chemical & Plastics Industry, 28.29% in Appliances for global region in 2017.
There are several kinds of Electric Heating Element, which are including Immersion Heaters, Tubular Heaters Circulation Heaters, Band Heaters, Strip Heaters, Coil Heaters and Flexible Heaters. Flexible Heaters is important in the Electric Heating Element, with a 38.08% revenue market share nearly in 2017.
Briefly speaking, in the next few years, Electric Heating Element industry will still be a relative steady industry. Sales of Electric Heating Element have brought a lot of opportunities, there will more companies enter into this industry, especially in developing countries.