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The Latin America, Middle East and Africa Electric Heat Tracing Market would witness market growth of 6.7% CAGR during the forecast period (2017-2023). The growth of this market is due to increasing demand for energy-efficient electric heat tracing systems, low maintenance cost, and rapid adoption of electric heat tracing systems over conventional systems. Heating cables are majorly used in freeze protection and process temperature maintenance applications. Installation of freeze protection application in many different verticals such as oil & gas, chemicals, commercial, residential, and pulp & paper is seamless with electric heat tracking system.
Based on Application, the market report segments the market into Freeze Protection, Process Temperature Maintenance, Viscosity Control, Roof & Gutter, Floor Heating, and Others. Based on Type, the Latin America, Middle East and Africa Electric Heat Tracing market segments the market into Self-Regulating, Constant Wattage, Mineral?Insulated, and Skin Effect. Based on Vertical, the market report segments the market into Oil & Gas, Chemicals, Power & Energy, Food & Beverages, Water & Wastewater Management, Commercial, Residential, and Others. Based on Countries, the Latin America, Middle East and Africa Electric Heat Tracing market segments the market into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the Latin America, Middle East and Africa Electric Heat Tracing Market. Key companies profiled in the report include Emerson Electric Co., Pentair plc., Thermon, Inc., Chromalox, Inc., Danfoss, Briskheat Corporation, Parker-Hannifin, Bartec, eltherm GmbH, and Warmup Plc.