Middle East & Africa 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)
Market Introduction
Mineral insulated heating cables deliver rugged and reliable heat tracing for several oil & gas and pharmaceutical applications, and it is designed with critical circuit protection, which is ideal for protection in the pharmaceutical and oil & gas fields. In developing nations such as South Africa and Saudi Arabia, construction and manufacturing industries are flourishing at an impressive pace. These factors are anticipated to offer ample growth opportunities for mineral insulated heating cable market players in MEA. The mineral insulated heating cable manufacturers in MEA are highly focused on creating huge prospects in several industries. Manufacturers of cables and accessories are continuously incorporating their existing technologies to design new products to surge the capacity of mineral insulated heating cable in various fields. Due to increasing investments in infrastructure development and oil & gas projects, countries are also expected to grow at a steady pace during the forecast period. The factors like growth in demand for energy and power projects and increase in demand from construction sector is expected to create a significant demand for mineral insulated heating cables in the coming years, which is further anticipated to drive the MEA mineral insulated heating cable market. Further, COVID-19 pandemic would have significant effects on economies across MEA. The MEA region is anticipated to be highly impacted as there is already pressure on economy of various oil based countries due to falling oil prices which will directly affect the mineral insulated heating cable market growth in MEA. In addition to this, the factory lockdowns, business shutdowns and travel bans are further aggravating the economic problems of the countries in the MEA region. Hence, the estimated decline in MEA’s economic condition and impact of COVID-19 on growth of various industries in the region is expected to negatively impact the growth of MEA mineral insulated heating cable Market in 2020 and 2021.
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Market Overview and Dynamics
The mineral insulated heating cable market in MEA is expected to grow from US$ 16.7 million in 2019 to US$ 24.9 million by 2027; it is estimated to grow at a CAGR of 5.5 % from 2020 to 2027. Increasing applications of mineral insulated cable is expected to create opportunity for market growth. Mineral insulated heating cables are widely adopted across various industries for several applications. The most critical application of mineral insulated heating cable is being used in the construction industry as the cable joints can easily be affected by moisture, cause a short circuit as well as other electrical faults. Other applications where mineral insulated heating cables are being deployed are rail transit tunnel; these cables are mainly used in fire protection system; high-rise buildings for emergency lighting, general lighting, electrical fire circuit, and fire alarm, among others; in ships and warships; and in aerospace for general lighting, emergency lighting, and computer room control circuit, among others. Therefore, the growing applications of mineral insulated heating cables owing to its features are anticipated to further enhance the MEA mineral insulated heating cable market growth.
Key Market Segments
In terms of sheath type, the copper segment accounted for the largest share of the MEA mineral insulated heating cable market in 2019. In terms of cable type, the single core segment held a larger market share of the MEA mineral insulated heating cable market in 2019. Further, the energy & power segment held a larger share of the MEA mineral insulated heating cable market based on end user in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the mineral insulated heating cable market in MEA are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Bartec ; Briskheat Corporation ; Chromalox, Inc.; Emerson Electric Co.; Thermon Group Holdings, Inc.
Reasons to buy report
- To understand the MEA mineral insulated heating cable market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA mineral insulated heating cable market
- Efficiently plan M&A and partnership deals in MEA mineral insulated heating cable market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA mineral insulated heating cable market
- Obtain market revenue forecast for mineral insulated heating cable market by various segments from 2020-2027 in MEA region.
MEA Mineral Insulated Heating Cable Market Segmentation
MEA Mineral Insulated Heating Cable Market- By Cable Type
- Single Core
- Twin Core
MEA Mineral Insulated Heating Cable Market - By Sheath Type
- Copper
- Stainless Steel
- Cupronickel
- Others
MEA Mineral Insulated Heating Cable Market - By Temperature Range
- Less than 200°C
- 201-500°C
- 501 to 700°C
- Above 700°C
MEA Mineral Insulated Heating Cable Market - By End User
- Energy & Power
- Oil & Gas
- Construction
- Pharmaceutical
- Others
MEA Mineral Insulated Heating Cable Market - By Country
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
MEA Mineral Insulated Heating Cable Market - Company Profiles
- Bartec
- Briskheat Corporation
- Chromalox, Inc.
- Emerson Electric Co.
- Thermon Group Holdings, Inc.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 MEA Mineral Insulated Heating Cable Market – By Cable Type
1.3.2 MEA Mineral Insulated Heating Cable Market – By Sheath Type
1.3.3 MEA Mineral Insulated Heating Cable Market – By Temperature Range
1.3.4 MEA Mineral Insulated Heating Cable Market – By End User
1.3.5 MEA 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. MEA Mineral Insulated Heating Cable Market Landscape
4.1 Market Overview
4.2 MEA PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. MEA Mineral Insulated Heating Cable Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Surge in Demand for Energy & Power Projects
5.1.2 Increasing Demand from the Construction Sector
5.2 Market Restraints
5.2.1 Concern Associate to Moisture Damage
5.3 Market Opportunities
5.3.1 Rising Energy Need
5.4 Market Trends
5.4.1 Increasing applications of Mineral Insulated Cable
5.5 Impact Analysis of Drivers and Restraints
6. Mineral Insulated Heating Cable – MEA Market Analysis
6.1 Overview
6.2 MEA Mineral Insulated Heating Cable Market – Revenue, and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Market Players Ranking
7. MEA Mineral Insulated Heating Cable Market Analysis – By Cable Type
7.1 Overview
7.2 MEA 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. MEA Mineral Insulated Heating Cable Market Analysis By Sheath Type
8.1 Overview
8.2 MEA 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. MEA Mineral Insulated Heating Cable Market Analysis By Temperature Range
9.1 Overview
9.2 MEA 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. MEA Mineral Insulated Heating Cable Market Analysis By End User
10.1 Overview
10.2 MEA 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. MEA Mineral Insulated Heating Cable Market –Country Analysis
11.1 Overview
11.1.1 MEA: Mineral Insulated Heating Cable Market, by Key Country
11.1.1.1 Saudi Arabia: Mineral Insulated Heating Cable Market – Revenue, and Forecast to 2027 (US$ Million)
11.1.1.1.1 Saudi Arabia: Mineral Insulated Heating Cable Market, by Cable Type
11.1.1.1.2 Saudi Arabia: Mineral Insulated Heating Cable Market, by Sheath Type
11.1.1.1.3 Saudi Arabia: Mineral Insulated Heating Cable Market, by Temperature Range
11.1.1.1.4 Saudi Arabia: Mineral Insulated Heating Cable Market, by End User
11.1.1.2 UAE: Mineral Insulated Heating Cable Market – Revenue, and Forecast to 2027 (US$ Million)
11.1.1.2.1 UAE: Mineral Insulated Heating Cable Market, by Cable Type
11.1.1.2.2 UAE: Mineral Insulated Heating Cable Market, by Sheath Type
11.1.1.2.3 UAE: Mineral Insulated Heating Cable Market, by Temperature Range
11.1.1.2.4 UAE: Mineral Insulated Heating Cable Market, by End User
11.1.1.3 South Africa: Mineral Insulated Heating Cable Market – Revenue, and Forecast to 2027 (US$ Million)
11.1.1.3.1 South Africa: Mineral Insulated Heating Cable Market, by Cable Type
11.1.1.3.2 South Africa: Mineral Insulated Heating Cable Market, by Sheath Type
11.1.1.3.3 South Africa: Mineral Insulated Heating Cable Market, by Temperature Range
11.1.1.3.4 South Africa: Mineral Insulated Heating Cable Market, by End User
11.1.1.4 Rest of MEA: Mineral Insulated Heating Cable Market – Revenue, and Forecast to 2027 (US$ Million)
11.1.1.4.1 Rest of MEA: Mineral Insulated Heating Cable Market, by Cable Type
11.1.1.4.2 Rest of MEA: Mineral Insulated Heating Cable Market, by Sheath Type
11.1.1.4.3 Rest of MEA: Mineral Insulated Heating Cable Market, by Temperature Range
11.1.1.4.4 Rest of MEA: Mineral Insulated Heating Cable Market, by End User
12. Impact of COVID-19 Pandemic on MEA 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 Briskheat Corporation
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 Chromalox, Inc.
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 Emerson Electric Co.
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 THERMON GROUP HOLDINGS, INC.
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. MEA Mineral Insulated Heating Cable Market – Revenue, and Forecast to 2027 (US$ Million)
Table 2. Saudi Arabia: Mineral Insulated Heating Cable Market, by Cable Type –Revenue and Forecast to 2027 (US$ Million)
Table 3. Saudi Arabia: Mineral Insulated Heating Cable Market, by Sheath Type –Revenue and Forecast to 2027 (US$ Million)
Table 4. Saudi Arabia: Mineral Insulated Heating Cable Market, by Temperature Range –Revenue and Forecast to 2027 (US$ Million)
Table 5. Saudi Arabia: Mineral Insulated Heating Cable Market, by End User –Revenue and Forecast to 2027 (US$ Million)
Table 6. UAE: Mineral Insulated Heating Cable Market, by Cable Type –Revenue and Forecast to 2027 (US$ Million)
Table 7. UAE: Mineral Insulated Heating Cable Market, by Sheath Type –Revenue and Forecast to 2027 (US$ Million)
Table 8. UAE: Mineral Insulated Heating Cable Market, by Temperature Range –Revenue and Forecast to 2027 (US$ Million)
Table 9. UAE: Mineral Insulated Heating Cable Market, by End User –Revenue and Forecast to 2027 (US$ Million)
Table 10. South Africa: Mineral Insulated Heating Cable Market, by Cable Type –Revenue and Forecast to 2027 (US$ Million)
Table 11. South Africa: Mineral Insulated Heating Cable Market, by Sheath Type –Revenue and Forecast to 2027 (US$ Million)
Table 12. South Africa: Mineral Insulated Heating Cable Market, by Temperature Range –Revenue and Forecast to 2027 (US$ Million)
Table 13. South Africa: Mineral Insulated Heating Cable Market, by End User –Revenue and Forecast to 2027 (US$ Million)
Table 14. Rest of MEA: Mineral Insulated Heating Cable Market, by Cable Type –Revenue and Forecast to 2027 (US$ Million)
Table 15. Rest of MEA: Mineral Insulated Heating Cable Market, by Sheath Type –Revenue and Forecast to 2027 (US$ Million)
Table 16. Rest of MEA: Mineral Insulated Heating Cable Market, by Temperature Range –Revenue and Forecast to 2027 (US$ Million)
Table 17. Rest of MEA: Mineral Insulated Heating Cable Market, by End User –Revenue and Forecast to 2027 (US$ Million)
Table 18. List of Abbreviation
LIST OF FIGURES
Figure 1. MEA Mineral Insulated Heating Cable Market Segmentation
Figure 2. MEA Mineral Insulated Heating Cable Market Segmentation – By Country
Figure 3. MEA Mineral Insulated Heating Cable Market Overview
Figure 4. MEA Mineral Insulated Heating Cable Market Country Analysis
Figure 5. MEA Mineral Insulated Heating Cable Market – Cable Type
Figure 6. MEA Mineral Insulated Heating Cable Market – Sheath Type
Figure 7. MEA: PEST Analysis
Figure 8. MEA Mineral Insulated Heating Cable Market – Ecosystem Analysis
Figure 9. MEA Mineral Insulated Heating Cable Market: Impact Analysis of Drivers and Restraints
Figure 10. MEA: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027 (US$ Million)
Figure 11. MEA Mineral Insulated Heating Cable Market Breakdown, by Cable Type (2019 and 2027)
Figure 12. MEA Single Core: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 13. MEA Twin Core: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 14. MEA Mineral Insulated Heating Cable Market Breakdown, by Sheath Type (2019 and 2027)
Figure 15. MEA Copper: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 16. MEA Stainless Steel: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 17. MEA Cupronickel: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 18. MEA Others: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 19. MEA Mineral Insulated Heating Cable Market Breakdown, by Temperature Range (2019 and 2027)
Figure 20. MEA Less Than 200°C: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 21. MEA 201 – 500°C: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 22. MEA 501 – 700°C: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 23. MEA Above 700°C: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 24. MEA Mineral Insulated Heating Cable Market Breakdown, by End User (2019 and 2027)
Figure 25. MEA Energy & Power: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 26. MEA Oil & Gas: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 27. MEA Construction: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 28. MEA Pharmaceutical: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 29. MEA Others: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027(US$ Million)
Figure 30. MEA: Mineral Insulated Heating Cable Market Revenue Share, by Key Country (2019 and 2027)
Figure 31. Saudi Arabia: Mineral Insulated Heating Cable Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 32. UAE: Mineral Insulated Heating Cable Market – Revenue and Forecast to 2027 (US$ Million)
Figure 33. South Africa: Mineral Insulated Heating Cable Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 34. Rest of MEA: Mineral Insulated Heating Cable Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 35. Impact of COVID-19 Pandemic on MEA Country Markets
- Bartec
- Briskheat Corporation
- Chromalox, Inc.
- Emerson Electric Co.
- Thermon Group Holdings, Inc.
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