The Industrial Furnaces Market is expected to be around US$ 18 Billion by 2027 at a CAGR of 4.9% in the given forecast period. Industrial furnaces are the thermal enclosures in which raw materials, both solid state and liquid state, are processed at high temperatures. They attain higher processing temperatures as compared with open-air systems. The industrial furnaces can be designed according to their functions, temperature variance, fuel type and method of combustion. The basic construction of Industrial furnaces consists of radiant section, convection section, radiant coil, burner, flue gas stack and insulation. These furnaces have a basic working principle. The materials in fluid form are heated up to optimum temperature levels in the radiant section where the fuel is burnt using the burner. There may be more than one burner in the arrangement as per the requirement. Next, the fluid in the radiant tubes pass through convection section where the heat exchange takes place and the flue gases are condensed before they are released into the atmosphere through stack or chimney.
Industrial furnaces are available in market in various formats. These are used in numerous industries like glass, ceramic, metal, food processing and many more. The industrial furnaces have everlasting demand as the industries won’t shut down anyway. Metals, glass, cement, refractories, ceramic, plastic and fibre all these industries are booming with the ever-growing demand for each and every industry thus mentioned. This shows how much the market needs industrial furnaces each year. The processing of materials, however, can be improvised by resolving energy losses and improving the efficiencies by doing some R & D in the field of thermodynamics. The market is demanding for more efficient industrial furnaces.
Global Industrial Furnaces market is segmented based on the operation as Acrylic, Rubber, Silicone, Others (EVA and Butyl) Gas/Burner Operated, Electrically Operated. Based on application it covers Atmosphere, Vacuum. The report segments global Industrial Furnaces market based on arrangements as Tube or clamshell Type, Box Type, Car Bottom Type Global Industrial Furnaces market report covers various regions including North America, Europe, Asia Pacific, and Rest of World. The regional Industrial Furnaces market is further bifurcated for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.
Competitive Rivalry
Global Industrial Furnaces market share consists of several players including Abbott Furnace, Baker Furnace Inc., C.I. Hayes, Honeywell, Ipsen, Siemens, and TEi-Struthers Wells.
The Industrial Furnaces market has been segmented as below:
Industrial Furnaces market, By Operation
Industrial Furnaces market, By Application
Industrial Furnaces market, By Arrangement
Industrial Furnaces market, By Region
The report covers:
Report scope:
The global Industrial Furnaces market report covers detailed study with the underlying influencing factors for the variations in the industry growth trends.
The report scope includes market analysis on regional as well as country level. The report also provides competitive landscape covering company market shares with detailed profiling for major revenue contributing companies.
The report covers a detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Abbott Furnace, Baker Furnace Inc., C.I. Hayes, Honeywell, Ipsen, Siemens, and TEi-Struthers Wells.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Challenges
5. Industrial Furnaces market, By Operation
5.1. Key Points
5.2. Gas/Burner Operated
5.3. Electrically Operated
6. Industrial Furnaces market, By Application
6.1. Key Points
6.2. Atmosphere
6.3. Vacuum
7. Industrial Furnaces market, By Arrangement
7.1. Key Points
7.2. Tube or clamshell Type
7.3. Box Type
7.4. Car Bottom Type
8. Competitive Landscape
8.1. Introduction
8.2. Recent Developments
8.2.1. Mergers & Acquisitions
8.2.2. New Product Developments
8.2.3. Portfolio/Production Capacity Expansions
8.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
8.2.5. Others
9. Company Profile
9.1. Carbolite Gero
9.1.1. Company Overview
9.1.2. Product/Service Landscape
9.1.3. Financial Overview
9.1.4. Recent Developments
9.2. Bosio
9.2.1. Company Overview
9.2.2. Product/Service Landscape
9.2.3. Financial Overview
9.2.4. Recent Developments
9.3. Baker Furnace Inc.
9.3.1. Company Overview
9.3.2. Product/Service Landscape
9.3.3. Financial Overview
9.3.4. Recent Developments
9.4. Avion Europa Gmbh & Co. Kg
9.4.1. Company Overview
9.4.2. Product/Service Landscape
9.4.3. Financial Overview
9.4.4. Recent Developments
9.5. Anderson Furnace Llc
9.5.1. Company Overview
9.5.2. Product/Service Landscape
9.5.3. Financial Overview
9.5.4. Recent Developments
9.6. Abbott Furnace
9.6.1. Company Overview
9.6.2. Product/Service Landscape
9.6.3. Financial Overview
9.6.4. Recent Developments
9.7. L&L Special Furnace Co., Inc.
9.7.1. Company Overview
9.7.2. Product/Service Landscape
9.7.3. Financial Overview
9.7.4. Recent Developments
9.8. Epcon Industrial Systems, LP
9.8.1. Company Overview
9.8.2. Product/Service Landscape
9.8.3. Financial Overview
9.8.4. Recent Developments
The Industrial Furnaces market has been segmented as below:
Industrial Furnaces market, By Operation
Industrial Furnaces market, By Application
Industrial Furnaces market, By Arrangement
Industrial Furnaces market, By Region
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