As one of the key markets for electrothermal alloys, China’s market size echoes the global trend and maintains the same growth trend.In 2023, China’s electrothermal alloys market also achieved significant growth against the backdrop of the new materials industry, which is witnessing an escalating gross output value

Electric heating alloy generally has a high resistivity and stable and small resistance temperature coefficient, through the current can produce high heat and stable power, high-temperature oxidation resistance, good corrosion resistance, sufficient high-temperature strength, in different working conditions, there is enough service life, have good processing performance to meet the needs of different types of structural molding. However, PTC electric heating material is a high resistance temperature coefficient of medium and low temperature electric heating material, and has the role of power self-control. According to the “Research Report on Development Analysis and Investment Prospect Forecast of the Mesothermal Alloy Industry, 2024-2029” written by Zhongyan Puhua Research Institute

Electric Heating Alloy Industry Market Status Analysis and Development Environment

Electrothermal alloys are widely used in home appliances, industrial heating equipment, automotive electronics and other fields. Among them, the home appliance industry, such as electric water heaters, electric rice cookers and other electric heating alloy demand steady growth; industrial heating equipment, such as electric furnaces, heat treatment equipment, such as high-performance electric heating alloy demand continues to increase; automotive electronics, such as automotive seat heaters, windshield wiper heaters, etc. also put forward a higher demand for electric heating alloy. With the rapid development of the new energy vehicle market, as one of the core materials of the battery high resistance electric heating alloy demand surge. New energy vehicles on the battery performance and safety requirements of the high resistance electric heating alloy market to promote the further expansion of the market

Electric heating alloy industry products are divided into two categories, Ni-Cr system electric heating alloy, this type of alloy has high high-temperature strength, no brittleness after high-temperature cooling, long service life, easy to process and welding, is widely used electric heating alloy. the price of the Ni-Cr system electric heating alloy is between 130-160 yuan / kg

Fe-Cr-AI electric heating alloy of high resistivity, good heat resistance and high temperature oxidation resistance, and Ni-Cr alloy has a higher temperature compared to the use of alloys, the price is also cheaper. But this kind of alloy is easy to produce brittleness by high temperature use, and long time use of permanent elongation is bigger, Fe-Cr-AI electric heating alloy price between 30-60 yuan / kg

The selection of electric heating alloy materials should be combined with the process requirements of the heated material, the structural form of the electric heating equipment and the conditions of use. Alloy-type materials on the adaptability of the furnace type, can be made into a variety of shapes of the heating element, a wide rangeof applications, but its working temperature than non-metallic heating materials to be lower.Tubular electric heating element is easy to use and install, but the working temperature is low, and the tubular elements applied in different media, due to differences in their respective characteristics are not interchangeable

According to the latest report, the global Electrothermal Alloys for Electric Heating Elements market size has reached a certain level in 2023 (the specific value is not directly given in the article, so it is replaced by “a certain level”). It is expected that the global electric heating alloy market will maintain steady growth in the coming years. Some data show that the compound annual growth rate (CAGR) of the market is expected to reach a certain percentage in a specific time period (the specific value is not given), and the market size will reach millions of dollars by 2030

Competitive Landscape of Electric Heating Alloys Market

The electric heating alloys market mainly comprises of various types of products such as ferrochromium aluminum electric heating alloy, nickel-chromium-iron electric heating alloy, nickel-chromium electric heating alloy, and others. These products have their own characteristics and are widely used in different fields

It is expected that certain types of products such as ferrochrome-aluminum electric heating alloys will occupy a larger market share in the coming years, and both their market size and CAGR will remain high

In the global market, the competitive landscape of the electric heating alloy industry is relatively decentralized, but some leading enterprises with market influence have emerged. These enterprises occupy a leading position in the industry by virtue of their technical strength, product quality and market share. In the Chinese market, the competition in the electric heating alloy industry is equally fierce. Enterprises such as Beijing Shougang Jitai’an New Material Co., Ltd. and Jiangsu Chunhai Electric Heating Alloy Manufacturing Co., Ltd. are leaders in the industry, and they excel in technological research and development, market expansion and other aspects

Future development trend of electric heating alloy

1. Technological innovation

Technological innovation is an important driving force for the development of the electric heating alloy market. In the future, with the continuous progress of material science and the continuous optimization of process technology, the performance of electric heating alloy will be further improved to meet the needs of a wider range of more demanding applications

2. Green production

Green production will become an important development direction of the electric heating alloy industry. Enterprises need to focus on environmental protection and sustainable development, the use of environmentally friendly raw materials and production processes to reduce energy consumption and environmental pollution

3. Diversification of market demand

With the continuous development of the market and the diversification of consumer demand, the electric heating alloy market will appear more segments and customized demand. Enterprises need to pay close attention to market dynamics and changes in consumer demand, and timely adjust the product structure and market strategy to cope with market changes

In summary, the electric heating alloy market has a broad development prospect and huge market potential. Driven by technological innovation, green production and diversification of market demand, the industry will continue to maintain a steady growth trend

In the fierce market competition, whether enterprises and investors can make timely and effective market decisions is the key to victory. The report on Electrothermal Alloy Industry written by China Research Network specifically analyzes the current development status, competitive landscape, and market supply and demand situation of China’s Electrothermal Alloy industry, and analyzes the opportunities and challenges faced by the industry in terms of the industry’s policy environment, economic environment, social environment, and technological environment. Meanwhile, it reveals the potential demand and potential opportunities in the market, and provides accurate market intelligence information and scientific decision-making basis for strategic investors to choose appropriate investment timing and company leaders to make strategic planning, and also has great reference value for government departments