Press release
Industrial Furnaces Market Worth $16,996.5 Million in 2026 | Key Drivers, Restraints & Opportunity
Industrial Furnaces Market
Several players such as NUTEC Group and others are expanding their business worldwide, owing to augmented customer base, improved effective operations, expanded geographical reach, and developed product portfolios. This is predicted to lead to the development of the global industrial furnaces industry.
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According to a new report published by Allied Market Research, titled, " Industrial Furnaces Market by Furnace Type, Arrangement, and End User: Global Opportunity Analysis and Industry Forecast, 2019–2026,” the global industrial furnaces market size was valued at $10,958.5 million in 2018 and is projected to reach $16,996.5 million in 2026, growing at a CAGR of 5.4% from 2019 to 2026.
Industrial Furnaces Market by Furnace Type (Gas/Fuel Operated Industrial Furnace and Electrically Operated Industrial Furnace), Arrangement (Tube or Clamshell Type, Box Type, Bottom Loading & Car Bottom Furnace, Top Loading Furnace, and Others), and End User (Metals & Mining, Transportation, Oil & Gas, Chemical, and Others)
Competition Analysis
The key market players profiled in the report include ANDRITZ AG, Carbolite Gero Limited, Epcon Industrial Systems, LP, Gasbarre Products, Inc., International Thermal Systems LLC, Ipsen International GmbH, NUTEC Group, SECO/WARWICK S.A., Thermcraft Incorporated, and Thermal Product Solutions.
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Key Benefits for Stakeholders:
The report provides an extensive analysis of the current and emerging industrial furnaces market trends and dynamics.
In-depth industrial furnaces market analysis is conducted by constructing estimations for the key segments between 2018 and 2026.
Extensive analysis of the industrial furnaces market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
The global industrial furnaces market forecast analysis from 2018 to 2026 is included in the report.
The key market players operating in the market are profiled in this report, and their strategies are analyzed thoroughly, which help understand the competitive outlook of the industrial furnaces industry.
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
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