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:
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.
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 2023, from 9530 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
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
Market Segment by Applications, can be divided into
There are 15 Chapters to deeply display the global Industrial Furnaces and Ovens market.
Chapter 1, to describe Industrial Furnaces and Ovens Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Industrial Furnaces and Ovens, with sales, revenue, and price of Industrial Furnaces and Ovens, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Industrial Furnaces and Ovens, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Industrial Furnaces and Ovens market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Industrial Furnaces and Ovens sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source