Market Overview:
The global energy-saving drum heater market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient heating solutions across various industries and applications. In addition, the growing awareness about the benefits of using energy-saving drum heaters is also contributing to the market growth. The global energy-saving drum heater market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into hygienic drum heaters, silicone rubber drum heaters, and waterproof drum heaters. Hygienic Drum Heaters are used in applications where hygiene is critical such as food & beverage processing plants and pharmaceuticals manufacturing units whereas Silicone Rubber Drum Heaters are used in general industrial applications where high temperatures are not required such as chemical processing plants or warehouses that store products at room temperature or below freezing point conditions .
Product Definition:
An energy-saving drum heater is a device that helps to heat up a drum of material. This can be done in order to help with the manufacturing process or to help with the transportation of the material. The importance of an energy-saving drum heater is that it can help save on energy costs.
Hygienic Drum Heaters:
Hygienic drum heaters are used to provide high-temperature drying of the inside of a drum, which is used in food processing and chemical industries. It’s an energy-efficient process that uses convective heat transfer from one fluid to another with no phase change.
Silicone Rubber Drum Heaters:
Silicone rubber drum heaters are used to heat the water in a storage tank. It is widely used for heating water for hydronic distribution systems, i.e., residential and commercial buildings with an active thermal system. The product is manufactured using high-grade silicone rubber that has excellent resistance to chemicals, such as sulfuric acid and phosphoric acid, which are commonly found in energy-saving drum heater solutions.
Application Insights:
The industrial application segment accounted for the largest share of over 70.0% in 2017. The demand for energy-saving drum heaters is expected to grow at a significant rate owing to their usage in various industries including chemical, petrochemical, and power generation. These products are widely used across oil & gas processing plants as well as steel manufacturing facilities on account of its ability to provide uniform heating with high efficiency levels.
Commercial application segment is projected to expand at the fastest CAGR of XX% from 2018 to 2030 due primarilyto rising applications across food & beverage industry where these products are used for drying and warming purposes along with medical applications such as use in hospitals, clinics,.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to rapid industrialization and commercial construction. The region is expected to witness significant growth over the forecast period, which can be attributed to rising energy costs and government regulations regarding energy conservation. Rising demand for space heating solutions in residential applications is also anticipated to drive regional product demand.
Europe accounted for a major share of revenue in 2017 owing to growing awareness about Drum Heaters among users as well as manufacturers.
Growth Factors:
- Increasing demand for energy-efficient devices
- Rising awareness about the benefits of using energy-saving drum heaters
- Growing popularity of eco-friendly and sustainable products
- Technological advancements in heating technology
- Government initiatives and regulations to promote energy conservation
Scope Of The Report
Report Attributes
Report Details
Report Title
Energy-Saving Drum Heater Market Research Report
By Type
Hygienic Drum Heaters, Silicone Rubber Drum Heaters, Waterproof Drum Heaters
By Application
Industrial, Commercial, Others
By Companies
Benko Products,Inc., LMK Thermosafe, KLC, Lakshmi Electrical Industries, Anupam, Taizhou Best Electric Equipment Co., Ltd., BK ELECTRICALS, Electro Heat Sweden AB, SV Enterprises, WarmPro, Electrotherm, SJH, Nicropads, Shanghai Panaens Technology Co.,LTD
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Energy-Saving Drum Heater Market Report Segments:
The global Energy-Saving Drum Heater market is segmented on the basis of:
Types
Hygienic Drum Heaters, Silicone Rubber Drum Heaters, Waterproof Drum Heaters
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Commercial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Benko Products,Inc.
- LMK Thermosafe
- KLC
- Lakshmi Electrical Industries
- Anupam
- Taizhou Best Electric Equipment Co., Ltd.
- BK ELECTRICALS
- Electro Heat Sweden AB
- SV Enterprises
- WarmPro
- Electrotherm
- SJH
- Nicropads
- Shanghai Panaens Technology Co.,LTD
Highlights of The Energy-Saving Drum Heater Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hygienic Drum Heaters
- Silicone Rubber Drum Heaters
- Waterproof Drum Heaters
- By Application:
- Industrial
- Commercial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Energy-Saving Drum Heater Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An energy-saving drum heater is a small, portable device that uses electricity to heat up drums or other containers of liquids. These devices are often used in warehouses and other industrial settings where it is important to keep temperatures consistent and avoid costly spoilage.
Some of the major players in the energy-saving drum heater market are Benko Products,Inc., LMK Thermosafe, KLC, Lakshmi Electrical Industries, Anupam, Taizhou Best Electric Equipment Co., Ltd., BK ELECTRICALS, Electro Heat Sweden AB, SV Enterprises, WarmPro, Electrotherm, SJH, Nicropads, Shanghai Panaens Technology Co.,LTD.
The energy-saving drum heater market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Energy-Saving Drum Heater Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Energy-Saving Drum Heater Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Energy-Saving Drum Heater Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Energy-Saving Drum Heater Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Energy-Saving Drum Heater Market Size & Forecast, 2020-2028 4.5.1 Energy-Saving Drum Heater Market Size and Y-o-Y Growth 4.5.2 Energy-Saving Drum Heater Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Hygienic Drum Heaters
5.2.2 Silicone Rubber Drum Heaters
5.2.3 Waterproof Drum Heaters
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Commercial
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Energy-Saving Drum Heater Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Energy-Saving Drum Heater Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Hygienic Drum Heaters
9.6.2 Silicone Rubber Drum Heaters
9.6.3 Waterproof Drum Heaters
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Commercial
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Hygienic Drum Heaters
10.6.2 Silicone Rubber Drum Heaters
10.6.3 Waterproof Drum Heaters
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Commercial
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Hygienic Drum Heaters
11.6.2 Silicone Rubber Drum Heaters
11.6.3 Waterproof Drum Heaters
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Commercial
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Hygienic Drum Heaters
12.6.2 Silicone Rubber Drum Heaters
12.6.3 Waterproof Drum Heaters
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Commercial
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Hygienic Drum Heaters
13.6.2 Silicone Rubber Drum Heaters
13.6.3 Waterproof Drum Heaters
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Commercial
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Energy-Saving Drum Heater Market: Competitive Dashboard
14.2 Global Energy-Saving Drum Heater Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Benko Products,Inc.
14.3.2 LMK Thermosafe
14.3.3 KLC
14.3.4 Lakshmi Electrical Industries
14.3.5 Anupam
14.3.6 Taizhou Best Electric Equipment Co., Ltd.
14.3.7 BK ELECTRICALS
14.3.8 Electro Heat Sweden AB
14.3.9 SV Enterprises
14.3.10 WarmPro
14.3.11 Electrotherm
14.3.12 SJH
14.3.13 Nicropads
14.3.14 Shanghai Panaens Technology Co.,LTD