Global Melting Furnaces Market Growth 2023-2029

Global Melting Furnaces Market Growth 2023-2029

In metal casting, the required heat to be exerted to the metal so as to reach its melting point is applied through the furnaces. A furnace is used to melt the metals in initial stages of the metallurgical process.

LPI (LP Information)' newest research report, the “Melting Furnaces Industry Forecast” looks at past sales and reviews total world Melting Furnaces sales in 2022, providing a comprehensive analysis by region and market sector of projected Melting Furnaces sales for 2023 through 2029. With Melting Furnaces sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Melting Furnaces industry.

This Insight Report provides a comprehensive analysis of the global Melting Furnaces landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Melting Furnaces portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Melting Furnaces market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Melting Furnaces and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Melting Furnaces.

The global Melting Furnaces market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Melting Furnaces is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Melting Furnaces is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Melting Furnaces is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Melting Furnaces players cover AMELT, MG ELECTRICALS, Carant S.r.l., Inductotherm, Silcarb Recrystallized, Nabertherm, DOWA HOLDINGS, Kalyani Furnaces and ECM Technologies, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Melting Furnaces market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Cupola Furnace
Induction Furnace
Open Hearth Furnace

Segmentation by application
Investment Casting
Precious Metals Melting
Copper Melting
Alloy Manufacturing
Aluminum Melting

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AMELT
MG ELECTRICALS
Carant S.r.l.
Inductotherm
Silcarb Recrystallized
Nabertherm
DOWA HOLDINGS
Kalyani Furnaces
ECM Technologies
Therelek
MPH
DAIDO STEEL
Swastik Furnaces
Electrotherm
Furnteck

Key Questions Addressed in this Report

What is the 10-year outlook for the global Melting Furnaces market?

What factors are driving Melting Furnaces market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Melting Furnaces market opportunities vary by end market size?

How does Melting Furnaces break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.