Global Industrial Furnaces and Ovens Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

Industrial Furnaces and Ovens are primarily used by industries to heat-treat metals in order to generate steam. They are also used in the manufacture of bricks, cement, glass, iron and steel, and other materials. Electric, batch and fuel-fired furnaces are used to perform several functions, such as annealing, brazing, carburizing, hardening, sintering, and tempering of ferrous and non-ferrous castings.

Scope of the Report:
Metallurgy, Petrochemical industry and material handling are the main application areas for industrial furnaces and ovens market. Dairy, especially material handling, accounted for 35.66% of total market share, followed by metallurgy industry (28.83%) and petrochemical industry (18.32%).
The largest consumption area is Europe and China, with metallurgy and material handling industry leading the market. Europe and North America are much matured market, mergers and acquisitions accelerated this process. For emerging economies, like China and India, industrial furnaces and ovens technology is rapidly improving.
Although sales of industrial furnaces and ovens brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into this field.
The worldwide market for Industrial Furnaces and Ovens is expected to grow at a CAGR of roughly 2.2% over the next five years, will reach 10800 million US$ in 2024, from 9530 million US$ in 2019, according to a new study.
This report focuses on the Industrial Furnaces and Ovens in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers
Andritz
Tenova
Despatch
Primetals Technologies
Aichelin Group
ALD
Inductotherm Corporation
SECO/WARWICK
Ipsen
Nachi-Fujikoshi
Gasbarre Furnace
Cieffe(Accu)
Surface Combustion
Mersen
JUMO
Nutec Bickley
CEC
Wisconsin Oven
Sistem Teknik
AVS
PVA TePla
TAV
Shenwu
Phoenix Furnace

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Combustion Type
Electric Type

Market Segment by Applications, can be divided into
Metallurgy
Petrochemical Industry
Material Handling
Other

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Industrial Furnaces and Ovens product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Industrial Furnaces and Ovens, with price, sales, revenue and global market share of Industrial Furnaces and Ovens in 2017 and 2018.
Chapter 3, the Industrial Furnaces and Ovens competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Industrial Furnaces and Ovens breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Industrial Furnaces and Ovens market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Industrial Furnaces and Ovens sales channel, distributors, customers, research findings and conclusion, appendix and data source.

Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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