DUBLIN–(BUSINESS WIRE)–The “Flexible Heaters – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Global Flexible Heaters Market to Reach $1.6 Billion by 2027
Amid the COVID-19 crisis, the global market for Flexible Heaters, estimated at US$1.1 Billion in the year 2020, is projected to reach a revised size of US$1.6 Billion by 2027, growing at a CAGR of 6.3% over the analysis period 2020-2027.
Silicone Rubber-based, one of the segments analyzed in the report, is projected to record a 7.4% CAGR and reach US$484.4 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Polyimide-based segment is readjusted to a revised 6.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $286.7 Million, While China is Forecast to Grow at 9.8% CAGR
The Flexible Heaters market in the U.S. is estimated at US$286.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$352.9 Million by the year 2027 trailing a CAGR of 9.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 5.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.
Polyester-based Segment to Record 6.1% CAGR
In the global Polyester-based segment, USA, Canada, Japan, China and Europe will drive the 5.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$166.6 Million in the year 2020 will reach a projected size of US$243.6 Million by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$220 Million by the year 2027, while Latin America will expand at a 7.3% CAGR through the analysis period.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights World Market Trajectories Impact of Covid-19 and a Looming Global Recession 2. FOCUS ON SELECT PLAYERS (Total 37 Featured):
All Flex Flexible Circuits Chromalox Durex Industries Holroyd Components Honeywell International Minco Miyo Technology Nibe Industrier Omega Engineering Rogers Corporation Smiths Group Tempco Electric Heater Thermocoax Watlow Electric Manufacturing Zoppas Industries 3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
United States Canada Japan China Europe France Germany Italy United Kingdom Spain Russia Rest Of Europe Asia-Pacific Australia India South Korea Rest Of Asia-Pacific Latin America Argentina Brazil Mexico Rest Of Latin America Middle East Iran Israel Saudi Arabia United Arab Emirates Rest Of Middle East Africa IV. COMPETITION
Total Companies Profiled: 37 For more information about this report visit https://www.researchandmarkets.com/r/gvnxok