Industrial Furnaces and Ovens Market (Updated Version Available)

Industrial Furnaces and Ovens are primarily used by industries to heat-treat metals in order to generate steam. They are also used in the manufacture of bricks, cement, glass, iron and steel, and other materials. Electric, batch and fuel-fired furnaces are used to perform several functions, such as annealing, brazing, carburizing, hardening, sintering, and tempering of ferrous and non-ferrous castings.
Metallurgy, Petrochemical industry and material handling are the main application areas for industrial furnaces and ovens market. Dairy, especially material handling, accounted for 35.66% of total market share, followed by metallurgy industry (28.83%) and petrochemical industry (18.32%).
The largest consumption area is Europe and China, with metallurgy and material handling industry leading the market. Europe and North America are much matured market, mergers and acquisitions accelerated this process. For emerging economies, like China and India, industrial furnaces and ovens technology is rapidly improving.
Although sales of industrial furnaces and ovens brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into this field.

The report offers detailed coverage of Industrial Furnaces and Ovens industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Industrial Furnaces and Ovens by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Industrial Furnaces and Ovens market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Industrial Furnaces and Ovens market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Andritz
Tenova
Despatch
Primetals Technologies
Aichelin Group
ALD
Inductotherm Corporation
SECO/WARWICK
Ipsen
Nachi-Fujikoshi
Gasbarre Furnace
Cieffe(Accu）
Surface Combustion
Mersen
JUMO
Nutec Bickley
CEC
Wisconsin Oven
Sistem Teknik
AVS
PVA TePla
TAV
Shenwu
Phoenix Furnace

At the same time, we classify Industrial Furnaces and Ovens according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Combustion Type
Electric Type
Market by Application
Metallurgy
Petrochemical Industry
Material Handling
Other

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Industrial Furnaces and Ovens market for the forecast period 2021 - 2025?
• What are the driving forces in the Industrial Furnaces and Ovens market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Industrial Furnaces and Ovens industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?