Global Industrial Furnace Supply, Demand and Key Producers, 2023-2029

Global Industrial Furnace Supply, Demand and Key Producers, 2023-2029

The global Industrial Furnace market size is expected to reach $ 17890 million by 2029, rising at a market growth of 6.7% CAGR during the forecast period (2023-2029).

Global key players of industrial furnace include Andritz, Inductotherm Corp and Despatch. Global top three manufacturers hold a share about 5%. The global origin is mainly located in North America, Europe, China and Japan, with Europe being the largest production region, holding about 34% of the market share. Combustion type is the largest segment, with a share about 58%. And in terms of application, the largest application is surface coating, with a share about 35%.

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.

This report studies the global Industrial Furnace production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Industrial Furnace, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Industrial Furnace that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Industrial Furnace total production and demand, 2018-2029, (Units)

Global Industrial Furnace total production value, 2018-2029, (USD Million)

Global Industrial Furnace production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Units)

Global Industrial Furnace consumption by region & country, CAGR, 2018-2029 & (Units)

U.S. VS China: Industrial Furnace domestic production, consumption, key domestic manufacturers and share

Global Industrial Furnace production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Units)

Global Industrial Furnace production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Units)

Global Industrial Furnace production by Application production, value, CAGR, 2018-2029, (USD Million) & (Units).

This reports profiles key players in the global Industrial Furnace market based on the following parameters – company overview, production, value, 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 and Ipsen, etc.

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

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Industrial Furnace market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Units) and average price (K US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Industrial Furnace Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Industrial Furnace Market, Segmentation by Type
Combustion Type
Electric Type

Global Industrial Furnace Market, Segmentation by Application
Metallurgy
Industrial Processing Heating
Heat Treatment
Surface Coating
Others

Companies Profiled:
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）

Key Questions Answered

1. How big is the global Industrial Furnace market?

2. What is the demand of the global Industrial Furnace market?

3. What is the year over year growth of the global Industrial Furnace market?

4. What is the production and production value of the global Industrial Furnace market?

5. Who are the key producers in the global Industrial Furnace market?