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Casted Heaters Market Size, Share & Industry Analysis, By Type (Aluminium, Copper, Others), By Application (Packaging Industry, Plastics Industry, Food Service, Others) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI106111 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Cast heaters are a type of heated item or tool that may be used in a number of applications, including food service, hot melt glue systems, packaging, medical, semiconductors, paint spraying & process pipes. The heating element is a component of the final metal part that is cast in bronze, aluminum & iron, or other metals. This enables optimum heater efficiency and removes the requirement for a heater to be supplied as a separate component connected to a machined component. It's made to minimize the need for numerous item sourcing and assembly, as well as give your application a more consistent thermal process.


Casted heating plates and bands are made composed of one or more electrical resistances embedded in a brass, aluminum, cupronickel alloy or bronze with fine thermal conductivity. Cast-in heating components are excellent for applications that need uniform indirect heat distribution. These are widely utilized in the plastics, packaging, and food industries, among other industries. Heating plates for extruder dies, presses, heating plates for homogenous heating, sheaths, rubber, sealing on packing lines, concrete curing & mills are some of the most common uses.

Pipes and other cylindrical items are heated with cast-in band heaters. Circulation heaters are cast-in heaters that heat a circulating gas or liquid. Molds, dies, platens, hot plates, and fluid heating all employ cartridge heaters. Cartridge heaters are available in a variety of lengths, sizes, voltages, & wattages.  Cast-in pedestal heaters can be used to fabricate semiconductor wafers and provide uniform surface temperatures. Cast-in heaters that are air-cooled require less maintenance and have a longer lifespan than those that are liquid-cooled. Extruders, compression molding platens, heat sealers, and vacuum forming platens all employ aluminum cast-in heaters to heat and regulate them.

Cast-in heaters satisfy the requirements of the applications they are utilized in. The heater seal, for example, must satisfy the UL 471, Standard for Commercial Refrigerators and Freezers, if used in refrigerated equipment. Underwriters Laboratories (UL) Inc.'s Component Recognition Program can identify cast-in heaters.

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Key Market Driver -

• Wide Range of Applications and Rising Demand From Several Industries

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Key Market Restraint -

• Daily Maintenance & High Operational Cost Involved


Key Players Covered:  


Major players in the casted heated market are Durex Industries, CETAL, Excel Heaters, Tempco, Ihne & Tesch GmbH, Heaters Controls and Sensors (HCS), ProTherm Industries, Elmatic, Elmec Heaters, Saket Enterprises, MPI Morheat & others.

Regional Analysis:


North America expected to exhibit substantial growth in casted heat market. Government regulations governing energy conservation and efficiency, as well as government incentives such as tax refunds, are some of the reasons driving the North American market. Additionally, this region is known for its constant technological advances as well as the presence of some of the region's main firms. Furthermore, the growing population in the region is further creating opportunities for the market growth. Also, due to rise in industrialization especially packaging industry in U.S, this country is considered to be the largest contributor in North America region.

Europe is anticipated to experience high growth in casted heat market during the forecast period. Growing awareness of casted heaters systems in industries, as well as european union measures to produce electricity from waste, have been important drivers of market expansion in this region. Due to strict emission requirements aimed at reducing GHG emissions, Germany is the major contributor in the casted heat system market. Some of the underlying drivers that will propel product demand in the coming years are technological advancements, reducing costs, and a supportive policy climate. Product deployment throughout heavy industries will be boosted by the establishment of emission regulations, as well as continued efforts to reduce greenhouse gas emissions. Product demand will be boosted by a supportive policy environment, technical breakthroughs, and decreasing costs over the expected time range.

Furthermore, Asia Pacific region is anticipated to exprience profitable market throughout the forecast period. Due to the extreme rising construction sector & strong demand for casted heat in the cement industry. The heat system market in the region is further fueled by the presence of major growing countries such as China, India, and South Korea. Additionally, the primary growth factors casted heaters market include large-scale economic expansion, expanding population, rigorous pollution restrictions, and rapid industrialization. Other long-term development drivers contributing to the expansion of the casted heaters market in the this region include the demand for fuel-efficient systems and rising environmental safety awareness. These casted heat equipments are being used in large numbers in China and India. Because of the strong demand for packaging in the APAC area, the usage of casted heat in the packaging industry is expected to rise dramatically.

Middle East region is expected to witness a solid growth over forecast period. The food services & plastics industry are one of the strongest growing sectors in the region. Additionally, financial incentives and energy efficiency standards will also be implemented throughout major manufacturing sectors with the goal of reducing emissions, which will help the industry develop even more in this region.

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Segmentation






















  ATTRIBUTE

  DETAILS

By Type



  • Aluminium

  • Copper

  • Others (Bronze, etc.)



By Application



  • Packaging Industry

  • Plastics Industry

  • Food Service

  • Others (Hot Melt Glue Systems, Medical, Semiconductors, etc.)



By Region



  • North America (U.S., Canada and Mexico)

  • Europe (U.K., Germany, Spain, Italy, France, Benelux, Nordics and Rest of Europe)

  • Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania and Rest of Asia Pacific)

  • Middle East & Africa (Israel, Turkey, GCC, North Africa, South Africa and Rest of the Middle East & Africa)

  • South America (Brazil, Argentina and Rest of South Africa)



Key Industry Developments



  • In January 2019 - Tempco launched a new line of TEC Temperature Controllers. These high-performance controllers have many features including Compact Design, Bright LCD Display & Easy-to-use Programming

  • In December 2020 - Ormat Technologies, Inc. acquired the asset from Con Edison Development. Ormat’s wholly owned subsidiary, Viridity Energy Solutions Inc., will design, build, own and operate a 25 MW battery energy storage system (BESS) project at the site.





  • Ongoing
  • 2023
  • 2019-2022
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