Market In Europe, Packaging Machine Heaters Which Is Growing At A Rate Of 23% As On 2022

The global packaging machine heaters market is forecasted to be valuated at US$ 7365 million by 2032, up from US$ 5271.9 million in 2022, advancing at a CAGR of 3.4% from 2022 to 2032. The growing demand for consumer goods, increase in the demand for pharmaceuticals, and many other factors are anticipated to increase the sales of packaging machine heaters. The European packaging machine heaters market, which is growing at a rate of 23% as on 2022, is expected to grow at a good rate during the forecast period.

Packaging machine heaters, generally referred to as cartridge heaters, are heating equipment which transfer 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 volt.

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.

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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, application, and industry.

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Key Segments Profiled In The Packaging Machine Heaters Market Survey

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