Global Electric Heat Tracing Market is expected to grow from USD 2.26 Billion in 2016 to USD 3.37 Billion by 2024, at a CAGR of 5.15% between 2017 and 2024.

Global Electric Heat Tracing Market is segmented on the basis of Type, Application, Vertical, and Geography. Electric heat tracing systems are used to maintain the temperature of the pipes and vessels. In this system an electrical heating element is placed along with the length of the pipe, the pipe is usually covered with thermal insulation to retain any heat losses. The major objectives achieved with an electrical heat tracing systems are freeze protection, temperature maintenance, gutter & roof de-icing, and anti-cavitation purpose. This systems constantly monitors and maintains the temperature of the pipe.

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