Global Industrial Furnace Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Industrial Furnace Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

An industrial furnace, also known as a direct heater or a direct fired heater, is a device used to provide heat for an industrial process, typically higher than 400 degrees Celsius. They are used to provide heat for a process or can serve as reactor which provides heats of reaction. Furnace designs vary as to its function, heating duty, type of fuel and method of introducing combustion air. Heat is generated by an industrial furnace by mixing fuel with air or oxygen, or from electrical energy. The residual heat will exit the furnace as flue gas.

According to our (Global Info Research) latest study, the global Industrial Furnace market size was valued at US$ 12250 million in 2023 and is forecast to a readjusted size of USD 19970 million by 2030 with a CAGR of 6.9% during review period.

Global key players of industrial furnace include Andritz, Inductotherm Corp, Danieli, Chugai Ro and Despatch. Global top five manufacturers hold a share about 8%. Europe is the largest market, has a share about 32%, followed by North America, with a share about 26%. Combustion-Type Industrial Furnace is the largest segment, with a share about 63%. And in terms of application, the largest application is Surface Coating, with a share about 41%.

This report is a detailed and comprehensive analysis for global Industrial Furnace market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Industrial Furnace market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Industrial Furnace market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Industrial Furnace market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Industrial Furnace market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Industrial Furnace

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Industrial Furnace market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Andritz, Danieli, Tenova, Aichelin Group, Chugai Ro, ALD, Inductotherm Corp, SECO/WARWICK, Ipsen, Phoenix Furnace, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Industrial Furnace market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Combustion Type
Electric Type

Market segment by Application
Metallurgy
Industrial Processing Heating
Heat Treatment
Surface Coating
Others

Major players covered
Andritz
Danieli
Tenova
Aichelin Group
Chugai Ro
ALD
Inductotherm Corp
SECO/WARWICK
Ipsen
Phoenix Furnace
PVA TePla
Despatch
Nachi-Fujikoshi
Gasbarre Furnace
Mersen
ECM Group
Surface Combustion
CEC
Nutec Group
Sistem Teknik
AVS
Wisconsin Oven
TAV Vacuum
Cieffe(Accu）

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Industrial Furnace product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Industrial Furnace, with price, sales quantity, revenue, and global market share of Industrial Furnace from 2019 to 2024.

Chapter 3, the Industrial Furnace competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Industrial Furnace breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Industrial Furnace market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Industrial Furnace.

Chapter 14 and 15, to describe Industrial Furnace sales channel, distributors, customers, research findings and conclusion.