South America Mineral Insulated Heating Cable Market Growth and Recent Trends by 2027

Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027

South America Mineral Insulated Heating Cable Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Cable Type (Single Core and Twin Core), Sheath Type (Copper, Stainless Steel, Cupronickel, and Others), Temperature Range (Less than 200°C, 201-500°C, 501 to 700°C, and Above 700°C), and End-user (Energy & Power, Oil & Gas, Construction, Pharmaceutical, and Others)

Report Date : Oct 2020
Report Code : TIPRE00015451

Category : Electronics and Semiconductor
Status : Published

Available Report Formats :
No. of Pages : 104

Page Updated: Mar 2025

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The mineral insulated heating cable market in SAM is expected to grow from US$ 8.1 million in 2019 to US$ 10.5 million by 2027; it is estimated to grow at a CAGR of 3.7 % from 2020 to 2027.

The Argentina and Brazil are major economies in SAM. Growing demand for energy & power projects is expected to create impact on mineral insulated heating cable market growth. The surge in industrialization has led to urbanization, resulting in rapid increase in energy consumption. To meet the growing need for power, the establishment of intrastate transmission and sub-transmission networks is on the rise. The demand for energy and power is set to increase owing to growing household incomes and increasing manufacturing and heavy industries which is expected to escalate the mineral insulated heating cable market growth in MEA. Growth in the energy & power sector increases the demand for power transmission projects across the SAM, which requires mineral insulated high-temperature electric heating cables to power network and offer the most reliable solutions for temperatures of up to 1,000°C. The growth in electrical infrastructure projects in SAM is driving the use of mineral insulated heating cable among several energy & power projects. Thus, the growth in the demand for energy & power projects is expected to create a significant demand for mineral insulated heating cables in the coming years, which is further anticipated to drive the mineral insulated heating cable market in SAM.

Moreover, in case of COVID-19, SAM region is highly affected specially Brazil, as well as the governments of various countries in SAM are taking several initiatives to protect people and to contain COVID-19’s spread in the region through lockdowns, trade bans, and travel restrictions. These measures are expected to have a direct impact on the region’s economic growth as the region will face lower export revenues, both from the drop in commodity prices and reduction in export volumes, especially to major trading partners such as China, Europe, and North America. The sharp decline in the sales of electronic and semiconductor industry in the region due to lockdown, measures is expected to directly impact the growth of mineral insulated heating cable market in this region. The sharp decline in business activities and product sales are expected to directly affect the growth rate of mineral insulated heating cable market in this region for the next three to four quarters.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SAM mineral insulated heating cables market. The SAM mineral insulated heating cables market is expected to grow at a good CAGR during the forecast period.

SAM Mineral Insulated Heating Cable Market

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

SAM Mineral Insulated Heating Cable Market Segmentation

SAM Mineral Insulated Heating Cable Market – By Cable Type

Single Core
Twin Core

SAM Mineral Insulated Heating Cable Market – By Sheath Type

Copper
Stainless Steel
Cupronickel
Others

SAM Mineral Insulated Heating Cable Market – By Temperature Range

Less than 200°C
201-500°C
501 to 700°C
Above 700°C

SAM Mineral Insulated Heating Cable Market – By End User

Energy & Power
Oil & Gas
Construction
Pharmaceutical
Others

SAM Mineral Insulated Heating Cable Market, by Country

Argentina
Brazil
Rest of SAM

SAM Mineral Insulated Heating Cable Market-Companies Mentioned

Bartec
Chromalox, Inc.
Emerson Electric Co.
Thermon Group Holdings, Inc.
Valin

South America Mineral Insulated Heating Cable Report Scope

Report Attribute	Details
Market size in 2019	US$ 8.1 Million
Market Size by 2027	US$ 10.5 Million
Global CAGR (2020 - 2027)	3.7 %
Historical Data	2017-2018
Forecast period	2020-2027
Segments Covered	By Cable Type Single Core and Twin Core By Sheath Type Copper Stainless Steel Cupronickel By Temperature Range Less than 200 By End-user Energy & Power Oil & Gas Construction Pharmaceutical
Regions and Countries Covered	South and Central America Brazil Argentina Rest of South and Central America
Market leaders and key company profiles	Bartec Chromalox, Inc. Emerson Electric Co. Thermon Group Holdings, Inc. Valin

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the South America Mineral Insulated Heating Cable Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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