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)
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
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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
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 SAM Mineral Insulated Heating Cable Market – By Cable Type
1.3.2 SAM Mineral Insulated Heating Cable Market – By Sheath Type
1.3.3 SAM Mineral Insulated Heating Cable Market – By Temperature Range
1.3.4 SAM Mineral Insulated Heating Cable Market – By End User
1.3.5 SAM Mineral Insulated Heating Cable Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SAM Mineral Insulated Heating Cable Market Landscape
4.1 Market Overview
4.2 SAM PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. SAM Mineral Insulated Heating Cable Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Demand for Energy & Power Projects
5.1.2 Jump Up in Demand from the Construction Field
5.2 Market Restraints
5.2.1 Worry Related to Moisture Damage
5.3 Market Opportunities
5.3.1 Growing Energy Requirement in SAM
5.4 Market Trends
5.4.1 Mounting applications of Mineral Insulated Cable
5.5 Impact Analysis of Drivers and Restraints
6. Mineral Insulated Heating Cable – SAM Market Analysis
6.1 SAM Mineral Insulated Heating Cable Market Overview
6.2 SAM Mineral Insulated Heating Cable Market – Revenue, and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Market Players
7. SAM Mineral Insulated Heating Cable Market Analysis By Cable Type
7.1 Overview
7.2 SAM Mineral Insulated Heating Cable Market Breakdown, by Cable Type, 2019 & 2027
7.3 Single Core
7.3.1 Overview
7.3.2 Single Core: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Twin Core
7.4.1 Overview
7.4.2 Twin Core: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027 (US$ Million)
8. SAM Mineral Insulated Heating Cable Market Analysis By Sheath Type
8.1 Overview
8.2 SAM Mineral Insulated Heating Cable Market Breakdown, by Sheath Type, 2019 & 2027
8.3 Copper
8.3.1 Overview
8.3.2 Copper: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Stainless Steel
8.4.1 Overview
8.4.2 Stainless Steel: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027 (US$ Million)
8.5 Cupronickel
8.5.1 Overview
8.5.2 Cupronickel: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027 (US$ Million)
9. SAM Mineral Insulated Heating Cable Market Analysis By Temperature Range
9.1 Overview
9.2 SAM Mineral Insulated Heating Cable Market Breakdown, by Temperature Range, 2019 & 2027
9.3 Less than 200°C
9.3.1 Overview
9.3.2 Less Than 200°C: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027 (US$ Million)
9.4 – 500°C
9.4.1 Overview
9.4.2 – 500°C: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027 (US$ Million).
9.5 – 700°C
9.5.1 Overview
9.5.2 – 700°C: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027 (US$ Million)
9.6 Above 700°C
9.6.1 Overview
9.6.2 Above 700°C: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027 (US$ Million)
10. SAM Mineral Insulated Heating Cable Market Analysis By End User
10.1 Overview
10.2 SAM Mineral Insulated Heating Cable Market Breakdown, by End User, 2019 & 2027
10.3 Energy & Power
10.3.1 Overview
10.3.2 Energy & Power: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.4 Oil & Gas
10.4.1 Overview
10.4.2 Oil & Gas: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.5 Construction
10.5.1 Overview
10.5.2 Construction: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.6 Pharmaceutical
10.6.1 Overview
10.6.2 Pharmaceutical: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.7 Others
10.7.1 Overview
10.7.2 Others: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027 (US$ Million)
11. SAM Mineral Insulated Heating Cable Market Country Analysis
11.1 Overview
11.1.1 SAM: Mineral Insulated Heating Cable Market, by Key Country
11.1.1.1 Brazil: Mineral Insulated Heating Cable Market – Revenue, and Forecast to 2027 (US$ Million)
11.1.1.1.1 Brazil: Mineral Insulated Heating Cable Market, by Cable Type
11.1.1.1.2 Brazil: Mineral Insulated Heating Cable Market, by Sheath Type
11.1.1.1.3 Brazil: Mineral Insulated Heating Cable Market, by Temperature Range
11.1.1.1.4 Brazil: Mineral Insulated Heating Cable Market, by End User
11.1.1.2 Argentina: Mineral Insulated Heating Cable Market – Revenue, and Forecast to 2027 (US$ Million)
11.1.1.2.1 Argentina: Mineral Insulated Heating Cable Market, by Cable Type
11.1.1.2.2 Argentina: Mineral Insulated Heating Cable Market, by Sheath Type
11.1.1.2.3 Argentina: Mineral Insulated Heating Cable Market, by Temperature Range
11.1.1.2.4 Argentina: Mineral Insulated Heating Cable Market, by End User
11.1.1.3 Rest of SAM: Mineral Insulated Heating Cable Market – Revenue, and Forecast to 2027 (US$ Million)
11.1.1.3.1 Rest of SAM: Mineral Insulated Heating Cable Market, by Cable Type
11.1.1.3.2 Rest of SAM: Mineral Insulated Heating Cable Market, by Sheath Type
11.1.1.3.3 Rest of SAM: Mineral Insulated Heating Cable Market, by Temperature Range
11.1.1.3.4 Rest of SAM: Mineral Insulated Heating Cable Market, by End User
12. Impact of COVID-19 Pandemic on SAM Mineral Insulated Heating Cable Market
12.1 Overview
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 New Development
14. Company Profiles
14.1 Bartec
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Chromalox, Inc.
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Emerson Electric Co.
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 THERMON GROUP HOLDINGS, INC.
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Valin
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Word Index
LIST OF TABLES
Table 1. SAM Mineral Insulated Heating Cable Market – Revenue, and Forecast to 2027 (US$ Million)
Table 2. Brazil: Mineral Insulated Heating Cable Market, by Cable Type –Revenue and Forecast to 2027 (US$ Million)
Table 3. Brazil: Mineral Insulated Heating Cable Market, by Sheath Type –Revenue and Forecast to 2027 (US$ Million)
Table 4. Brazil: Mineral Insulated Heating Cable Market, by Temperature Range –Revenue and Forecast to 2027 (US$ Million)
Table 5. Brazil: Mineral Insulated Heating Cable Market, by End User –Revenue and Forecast to 2027 (US$ Million)
Table 6. Argentina: Mineral Insulated Heating Cable Market, by Cable Type –Revenue and Forecast to 2027 (US$ Million)
Table 7. Argentina: Mineral Insulated Heating Cable Market, by Sheath Type –Revenue and Forecast to 2027 (US$ Million)
Table 8. Argentina: Mineral Insulated Heating Cable Market, by Temperature Range –Revenue and Forecast to 2027 (US$ Million)
Table 9. Argentina: Mineral Insulated Heating Cable Market, by End User –Revenue and Forecast to 2027 (US$ Million)
Table 10. Rest of SAM: Mineral Insulated Heating Cable Market, by Cable Type –Revenue and Forecast to 2027 (US$ Million)
Table 11. Rest of SAM: Mineral Insulated Heating Cable Market, by Sheath Type –Revenue and Forecast to 2027 (US$ Million)
Table 12. Rest of SAM: Mineral Insulated Heating Cable Market, by Temperature Range –Revenue and Forecast to 2027 (US$ Million)
Table 13. Rest of SAM: Mineral Insulated Heating Cable Market, by End User –Revenue and Forecast to 2027 (US$ Million)
Table 14. List of Abbreviation
LIST OF FIGURES
Figure 1. SAM Mineral Insulated Heating Cable Market Segmentation
Figure 2. SAM Mineral Insulated Heating Cable Market Segmentation – By Country
Figure 3. SAM Mineral Insulated Heating Cable Market Overview
Figure 4. SAM Mineral Insulated Heating Cable Market –Country Analysis
Figure 5. SAM Mineral Insulated Heating Cable Market – Cable Type
Figure 6. SAM Mineral Insulated Heating Cable Market – Sheath Type
Figure 7. SAM: PEST Analysis
Figure 8. SAM Mineral Insulated Heating Cable Market – Ecosystem Analysis
Figure 9. SAM Mineral Insulated Heating Cable Market: Impact Analysis of Drivers and Restraints
Figure 10. SAM: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027 (US$ Million)
Figure 11. SAM Mineral Insulated Heating Cable Market Breakdown, by Cable Type (2019 and 2027)
Figure 12. SAM Single Core: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 13. SAM Twin Core: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 14. SAM Mineral Insulated Heating Cable Market Breakdown, by Sheath Type (2019 and 2027)
Figure 15. SAM Copper: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 16. SAM Stainless Steel: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 17. SAM Cupronickel: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 18. SAM Others: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 19. SAM Mineral Insulated Heating Cable Market Breakdown, by Temperature Range (2019 and 2027)
Figure 20. SAM Less Than 200°C: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 21. SAM 201 – 500°C: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 22. SAM 501 – 700°C: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 23. SAM Above 700°C: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 24. SAM Mineral Insulated Heating Cable Market Breakdown, by End User (2019 and 2027)
Figure 25. SAM Energy & Power: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 26. SAM Oil & Gas: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 27. SAM Construction: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 28. SAM Pharmaceutical: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 29. SAM Others: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 30. SAM: Mineral Insulated Heating Cable Market Revenue Share, by Key Country (2019 and 2027)
Figure 31. Brazil: Mineral Insulated Heating Cable Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 32. Argentina: Mineral Insulated Heating Cable Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 33. Rest of SAM: Mineral Insulated Heating Cable Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 34. Impact of COVID-19 Pandemic on SAM Market
- Bartec
- Chromalox, Inc.
- Emerson Electric Co.
- Thermon Group Holdings, Inc.
- Valin
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM mineral Insulated heating cable market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the SAM mineral insulated heating cable market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the mineral insulated heating cable market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution