Global Tunnel Furnace Market Growth 2023-2029
Tunnel furnace serve for the thermal treatment of products in a continuous operation within a production process. The tunnel kilns are usually made up of a number of identical kiln segments, each segment having a blower, heating elements for heating up the fresh air and a common exhaust airline. For the treatment of the products, they are made to pass by either on the suction side or the pressure side of the blower.
LPI (LP Information)' newest research report, the “Tunnel Furnace Industry Forecast” looks at past sales and reviews total world Tunnel Furnace sales in 2022, providing a comprehensive analysis by region and market sector of projected Tunnel Furnace sales for 2023 through 2029. With Tunnel Furnace sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tunnel Furnace industry.
This Insight Report provides a comprehensive analysis of the global Tunnel 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 Tunnel Furnace portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Tunnel Furnace market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tunnel 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 Tunnel Furnace.
The global Tunnel Furnace market size is projected to grow from US$ 738.6 million in 2022 to US$ 1016.5 million in 2029; it is expected to grow at a CAGR of 1016.5 from 2023 to 2029.
The major players in global Tunnel Furnace market include Noritake, SAT THERMIQUE, Keka Group, etc. The top 3 players occupy over 20% shares of the global market. Asia-Pacific and Europe are main markets, they occupy about 75% of the global market. Length Less than 30m is the main type, with a share about 45%. Ceramic Industry is the main application, which holds a share about 35%.
This report presents a comprehensive overview, market shares, and growth opportunities of Tunnel Furnace market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Length Less than 30m
Length Between 30-100m
Length More than 100m
Segmentation by application
Ceramics
Powder Materials
Battery Materials
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.
Noritake
SAT THERMIQUE
Keka Group
ONEJOON GmbH (M&A of Eisenmann)
NGK
Riedhammer GmbH (SACMI Group)
Huayao Group
Tokai Konetsu
EBNER
Tenova
Gold Furnace
Modena
ZYKILN
Sichuan Dechine
Zhongzhou Kiln
Harper
Nutec Bickley
Key Questions Addressed in this Report
What is the 10-year outlook for the global Tunnel Furnace market?
What factors are driving Tunnel Furnace market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Tunnel Furnace market opportunities vary by end market size?
How does Tunnel Furnace 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.
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