Press release
Heating Furnace Market will reach 6530 million US$ in 2023
Heating furnace is a heating device that transfers heat generated by combustion of a fuel to a heated medium to raise its temperature. It is widely used in oil and gas gathering and transportation systems, steel smelting, metal processing and other industries.
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Global Heating Furnace Market: Forecast by Type / Application / Region
The Heating Furnace are expected to grow at a CAGR of 3.61% from 5255.75 million USD in 2017 to reach 6978.52 million USD by 2025 in global market. The Heating Furnace market is very fragment market; the revenue of top fourteen manufacturers accounts about 45% of the total revenue in 2017. The high-end products mainly come from USA and Europe.
Geographically, the global Heating Furnace market has been segmented into North America, Europe, Asia-Pacific, Central & South America and Middle East & Africa. The Asia-Pacific held the largest share in the global sales market, its sales of global market exceeds 45% in 2017. The next is Europe.
The worldwide market for Heating Furnace is expected to grow at a CAGR of roughly 3.7% over the next five years, will reach 6530 million US$ in 2023, from 5260 million US$ in 2017, according to a new GIR (Global Info Research) study.
Global Nonferrous Metal Recycling Market:Key Players
Andritz
Danieli
Tenova
ALD
Ipsen
Shenwu
SECO/WARWICK
Jiangsu Yanxin
Nachi-Fujikoshi
Changzhou Energy
Primetals Technologies
Aichelin Group
Inductotherm
CEC
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Related Information:
United States Heating Furnace Market 2018 Forecast to 2023
Europe Heating Furnace Market 2018 Forecast to 2023
North America Heating Furnace Market 2018 Forecast to 2023
Asia-Pacific Heating Furnace Market 2018 Forecast to 2023
China Heating Furnace Market 2018 Forecast to 2023
EMEA Heating Furnace Market 2018 Forecast to 2023
Global Heating Furnace Market 2018 Forecast to 2023
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