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Industrial Furnaces Market: Global Industry Analysis 2012 - 2016 and Opportunity Assessment; 2017 - 2027

12-03-2021 12:07 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Business Insights

/ PR Agency: Future Market Insights
Industrial Furnaces Market: Global Industry Analysis 2012 -

Industrial furnaces are the thermal enclosures in which raw materials, both solid state and liquid state, are processed at high temperatures. They attain higher processing temperatures as compared with open-air systems. The industrial furnaces can be designed according to their functions, temperature variance, fuel type and method of combustion. The basic construction of Industrial furnaces consist of radiant section, convection section, radiant coil, burner, flue gas stack and insulation.

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Industrial furnaces are available in market in various formats. These are used in numerous industries like glass, ceramic, metal, food processing and many more. The industrial furnaces have everlasting demand as the industries won’t shut down anyway. Metals, glass, cement, refractories, ceramic, plastic and fiber all these industries are booming with the ever growing demand for each and every industry thus mentioned.

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Regional Outlook
As per the current market scenario, the industrial furnaces market is prominent in APAC region where the world’s largest steel and automobile producers are ruling the world. The most intense market for industrial furnaces is the emerging economies where more number of steel plants are being invested on. Regions in Western Europe, NA, Russia and MEA are hot spots for this very market. Brazil and Ukraine also show significant scope for the market of Industrial furnaces.

By Segmentation:
On the basis of arrangement, global industrial furnaces market can be segmented as:
• Tube or clamshell Type
• Box Type
• Car Bottom Type
On the basis of operation, global industrial furnaces market can be segmented as:
• Gas/Burner Operated
• Electrically Operated
On the basis of application, global industrial furnaces market can be segmented as:
• Atmosphere
• Vacuum
On the basis of structure, global industrial furnaces market can be segmented as:
• Batch
• Continuous
On the basis of end-user, global industrial furnaces market can be segmented as:
• Automotive
• Oil and Gas
• Metallurgy
• Steel and Iron
• Food Processing

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Key Players
• Epcon Industrial Systems, LP
• International Thermal Systems
• Industrial Furnace Company
• Nutec Bickley
• L&L Special Furnace Co., Inc.
• Thermcraft, Inc.
• SCHMIDT + CLEMENS GMBH + CO. KG
• ANDRITZ
• LÖCHER Industrieofen

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

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