City of Industry, CA -- (SBWIRE) -- 07/19/2018 -- This report studies the global Industrial Furnaces and Ovens market status and forecast, categorizes the global Industrial Furnaces and Ovens market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).

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.

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 global Industrial Furnaces and Ovens market is valued at 9530 million US$ in 2017 and will reach 10800 million US$ by the end of 2025, growing at a CAGR of 1.6% during 2018-2025.

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The major manufacturers covered in this report

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

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering

North America

Europe

China

Japan

India

Southeast Asia

Other regions (Central & South America, Middle East & Africa)

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Combustion Type

Electric Type

By Application, the market can be split into

Metallurgy

Petrochemical Industry

Material Handling

Other

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About QY Research
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.