Electric Heating Engineering/Design, Budget Estimates,Long Line Analysis,Steam or Electric Analysis,Insulation System Comparisons,Finite Element Analysis. Thermon holds a unique position as the only international heat tracing company completely dedicated to its industry. Since 1954, Thermon has concentrated its efforts exclusively on heat tracing, the external application of heat to pipes, tanks and instrumentation. Today, Thermon continues to be an industry leader in the specialized field of heat tracing technology. The vast knowledge base of Thermon’s employees, combined with the most extensive line of heat tracing products and design tools available, optimizes the customer’s “cost of ownership” by ensuring that all aspects of the application have been considered.