Global Metallurgical Furnace Market Growth (Status and Outlook) 2023-2029

Global Metallurgical Furnace Market Growth (Status and Outlook) 2023-2029

The global Metallurgical Furnace 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 Metallurgical Furnace 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 Metallurgical Furnace 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 Metallurgical Furnace is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Metallurgical Furnace players cover Andritz, Amelt, Aichelin Group, ALD, Carant S.r.l., Danieli, DOWA HOLDINGS, ECM Group and Inductotherm Corp, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

A metallurgical furnace, more commonly referred to as a furnace, is a device used to heat and melt metal ore to remove gangue. The heat energy to fuel a furnace may be supplied directly by fuel combustion, by electricity such as the electric arc furnace, or through induction heating in induction furnaces.

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

This Insight Report provides a comprehensive analysis of the global Metallurgical Furnace 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 Metallurgical Furnace portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Metallurgical Furnace market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Metallurgical Furnace 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 Metallurgical Furnace.

This report presents a comprehensive overview, market shares, and growth opportunities of Metallurgical Furnace market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Combustion Type
Electric Type

Segmentation by application
Ironmaking Plant
Steelmaking
Foundry
Laboratory
Others

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.
Andritz
Amelt
Aichelin Group
ALD
Carant S.r.l.
Danieli
DOWA HOLDINGS
ECM Group
Inductotherm Corp
IHI Corp
JP Steel Plantech Co.
Kalyani Furnaces
Nabertherm
MG Electricals
Phoenix Furnace
Primetals Technologies
SECO/WARWICK
SMS Group
Silcarb Recrystallized
Tenova

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