The packaging machine heaters market will be valued at US$ 5.2 billion by 2022, globally. Prospects for packaging machine heaters are expected to stay strong during the review period. This is because of increased technological advancements and wider adoption in various applications, resulting in US$7.4 billion by 2033 at a CAGR of 3.5% from 2023 to 2033, according to Research and Markets (Dublin). By 2023, the market is anticipated to reach US$ 5.32 billion.
Packaging machine heaters generally referred to as cartridge heaters, are heating equipment that transfers heat at a uniform temperature and are resistant to corrosion and oxidation, even at higher temperatures. A packaging machine heater heats up a piece of metal, thereby allowing it to connect with other pieces. Every heater is rated with respect to its watt density, though usually, it is either 240 or 120 volts.
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Packaging machine heaters are usually of two types- standard heaters and swaged heaters. Based on their densities, they are categorized into different three types- High Density (or Hi-Density) Heaters, Medium Density Heaters, and Low-Density Heaters.
Packaging Machine Heaters Market: Key Players
Some of the key players identified across the value chain of the Packaging Machine Heaters market are:
- Backer Hotwatt
- Thermal Corporation
- OMEGA HEATER
- Nordic Sensors Industrial Inc.
- Cartridge Heater Maxiwatt
- Watlow
- Tempco Electric Heater Corporation
- Vulcan Electric
- Tutco Heating Solutions Group
- KIT HOFHEIM
- Türk+Hillinger
- ZOPPAS INDUSTRIES S.P.A.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, applications, and industries.
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Key Segments Profiled In The Packaging Machine Heaters Market SurveyBy End Users:
- Automotive Industry
- Papermaking Industry
- Woodworking Industry
- Pharmaceutical Industry
- Electronic & Electrical
By Product Type:
- Standard Heaters
- Swaged Heaters
By Density:
- High-Density Heaters
- Medium Density Heaters
- Low-Density Heaters
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI is the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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