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Global Industrial Furnace Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Industrial Furnace Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2029

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1754986

No of Pages : 121

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Synopsis
The global Industrial Furnace market size was valued at USD 11340 million in 2022 and is forecast to a readjusted size of USD 17890 million by 2029 with a CAGR of 6.7% during review period.

An industrial furnace, also known as a direct heater or a direct fired heater, is a device used to provide heat for an industrial process, typically higher than 400 degrees Celsius. They are used to provide heat for a process or can serve as reactor which provides heats of reaction. Furnace designs vary as to its function, heating duty, type of fuel and method of introducing combustion air. Heat is generated by an industrial furnace by mixing fuel with air or oxygen, or from electrical energy. The residual heat will exit the furnace as flue gas.

Global key players of industrial furnace include Andritz, Inductotherm Corp and Despatch. Global top three manufacturers hold a share about 5%. The global origin is mainly located in North America, Europe, China and Japan, with Europe being the largest production region, holding about 34% of the market share. Combustion type is the largest segment, with a share about 58%.

And in terms of application, the largest application is surface coating, with a share about 35%.

The Global Info Research report includes an overview of the development of the Industrial Furnace industry chain, the market status of Metallurgy (Combustion Type, Electric Type), Industrial Processing Heating (Combustion Type, Electric Type), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Industrial Furnace.

Regionally, the report analyzes the Industrial Furnace markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Industrial Furnace market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Industrial Furnace market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Industrial Furnace industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Units), revenue generated, and market share of different by Type (e.g., Combustion Type, Electric Type).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Industrial Furnace market.

Regional Analysis: The report involves examining the Industrial Furnace market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Industrial Furnace market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Industrial Furnace:

Company Analysis: Report covers individual Industrial Furnace manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Industrial Furnace This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Metallurgy, Industrial Processing Heating).

Technology Analysis: Report covers specific technologies relevant to Industrial Furnace. It assesses the current state, advancements, and potential future developments in Industrial Furnace areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Industrial Furnace market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Industrial Furnace market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type

  • Combustion Type
  • Electric Type

Market segment by Application

  • Metallurgy
  • Industrial Processing Heating
  • Heat Treatment
  • Surface Coating
  • Others

Major players covered

  • Andritz
  • Danieli
  • Tenova
  • Aichelin Group
  • Chugai Ro
  • ALD
  • Inductotherm Corp
  • SECO/WARWICK
  • Ipsen
  • Phoenix Furnace
  • PVA TePla
  • Despatch
  • Nachi-Fujikoshi
  • Gasbarre Furnace
  • Mersen
  • ECM Group
  • Surface Combustion
  • CEC
  • Nutec Group
  • Sistem Teknik
  • AVS
  • Wisconsin Oven
  • TAV Vacuum
  • Cieffe(Accu）

Market segment by region, regional analysis covers

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
  • South America (Brazil, Argentina, Colombia, and Rest of South America)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Industrial Furnace product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Industrial Furnace, with price, sales, revenue and global market share of Industrial Furnace from 2018 to 2023.
Chapter 3, the Industrial Furnace competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Industrial Furnace breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Industrial Furnace market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Industrial Furnace.
Chapter 14 and 15, to describe Industrial Furnace sales channel, distributors, customers, research findings and conclusion.

Index

1 Market Overview
1.1 Product Overview and Scope of Industrial Furnace
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Industrial Furnace Consumption Value by Type: 2018 Versus 2022 Versus 2029
1.3.2 Combustion Type
1.3.3 Electric Type
1.4 Market Analysis by Application
1.4.1 Overview: Global Industrial Furnace Consumption Value by Application: 2018 Versus 2022 Versus 2029
1.4.2 Metallurgy
1.4.3 Industrial Processing Heating
1.4.4 Heat Treatment
1.4.5 Surface Coating
1.4.6 Others
1.5 Global Industrial Furnace Market Size & Forecast
1.5.1 Global Industrial Furnace Consumption Value (2018 & 2022 & 2029)
1.5.2 Global Industrial Furnace Sales Quantity (2018-2029)
1.5.3 Global Industrial Furnace Average Price (2018-2029)
2 Manufacturers Profiles
2.1 Andritz
2.1.1 Andritz Details
2.1.2 Andritz Major Business
2.1.3 Andritz Industrial Furnace Product and Services
2.1.4 Andritz Industrial Furnace Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 Andritz Recent Developments/Updates
2.2 Danieli
2.2.1 Danieli Details
2.2.2 Danieli Major Business
2.2.3 Danieli Industrial Furnace Product and Services
2.2.4 Danieli Industrial Furnace Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 Danieli Recent Developments/Updates
2.3 Tenova
2.3.1 Tenova Details
2.3.2 Tenova Major Business
2.3.3 Tenova Industrial Furnace Product and Services
2.3.4 Tenova Industrial Furnace Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 Tenova Recent Developments/Updates
2.4 Aichelin Group
2.4.1 Aichelin Group Details
2.4.2 Aichelin Group Major Business
2.4.3 Aichelin Group Industrial Furnace Product and Services
2.4.4 Aichelin Group Industrial Furnace Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 Aichelin Group Recent Developments/Updates
2.5 Chugai Ro
2.5.1 Chugai Ro Details
2.5.2 Chugai Ro Major Business
2.5.3 Chugai Ro Industrial Furnace Product and Services
2.5.4 Chugai Ro Industrial Furnace Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 Chugai Ro Recent Developments/Updates
2.6 ALD
2.6.1 ALD Details
2.6.2 ALD Major Business
2.6.3 ALD Industrial Furnace Product and Services
2.6.4 ALD Industrial Furnace Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 ALD Recent Developments/Updates
2.7 Inductotherm Corp
2.7.1 Inductotherm Corp Details
2.7.2 Inductotherm Corp Major Business
2.7.3 Inductotherm Corp Industrial Furnace Product and Services
2.7.4 Inductotherm Corp Industrial Furnace Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 Inductotherm Corp Recent Developments/Updates
2.8 SECO/WARWICK
2.8.1 SECO/WARWICK Details
2.8.2 SECO/WARWICK Major Business
2.8.3 SECO/WARWICK Industrial Furnace Product and Services
2.8.4 SECO/WARWICK Industrial Furnace Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 SECO/WARWICK Recent Developments/Updates
2.9 Ipsen
2.9.1 Ipsen Details
2.9.2 Ipsen Major Business
2.9.3 Ipsen Industrial Furnace Product and Services
2.9.4 Ipsen Industrial Furnace Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 Ipsen Recent Developments/Updates
2.10 Phoenix Furnace
2.10.1 Phoenix Furnace Details
2.10.2 Phoenix Furnace Major Business
2.10.3 Phoenix Furnace Industrial Furnace Product and Services
2.10.4 Phoenix Furnace Industrial Furnace Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.10.5 Phoenix Furnace Recent Developments/Updates
2.11 PVA TePla
2.11.1 PVA TePla Details
2.11.2 PVA TePla Major Business
2.11.3 PVA TePla Industrial Furnace Product and Services
2.11.4 PVA TePla Industrial Furnace Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.11.5 PVA TePla Recent Developments/Updates
2.12 Despatch
2.12.1 Despatch Details
2.12.2 Despatch Major Business
2.12.3 Despatch Industrial Furnace Product and Services
2.12.4 Despatch Industrial Furnace Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.12.5 Despatch Recent Developments/Updates
2.13 Nachi-Fujikoshi
2.13.1 Nachi-Fujikoshi Details
2.13.2 Nachi-Fujikoshi Major Business
2.13.3 Nachi-Fujikoshi Industrial Furnace Product and Services
2.13.4 Nachi-Fujikoshi Industrial Furnace Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.13.5 Nachi-Fujikoshi Recent Developments/Updates
2.14 Gasbarre Furnace
2.14.1 Gasbarre Furnace Details
2.14.2 Gasbarre Furnace Major Business
2.14.3 Gasbarre Furnace Industrial Furnace Product and Services
2.14.4 Gasbarre Furnace Industrial Furnace Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.14.5 Gasbarre Furnace Recent Developments/Updates
2.15 Mersen
2.15.1 Mersen Details
2.15.2 Mersen Major Business
2.15.3 Mersen Industrial Furnace Product and Services
2.15.4 Mersen Industrial Furnace Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.15.5 Mersen Recent Developments/Updates
2.16 ECM Group
2.16.1 ECM Group Details
2.16.2 ECM Group Major Business
2.16.3 ECM Group Industrial Furnace Product and Services
2.16.4 ECM Group Industrial Furnace Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.16.5 ECM Group Recent Developments/Updates
2.17 Surface Combustion
2.17.1 Surface Combustion Details
2.17.2 Surface Combustion Major Business
2.17.3 Surface Combustion Industrial Furnace Product and Services
2.17.4 Surface Combustion Industrial Furnace Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.17.5 Surface Combustion Recent Developments/Updates
2.18 CEC
2.18.1 CEC Details
2.18.2 CEC Major Business
2.18.3 CEC Industrial Furnace Product and Services
2.18.4 CEC Industrial Furnace Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.18.5 CEC Recent Developments/Updates
2.19 Nutec Group
2.19.1 Nutec Group Details
2.19.2 Nutec Group Major Business
2.19.3 Nutec Group Industrial Furnace Product and Services
2.19.4 Nutec Group Industrial Furnace Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.19.5 Nutec Group Recent Developments/Updates
2.20 Sistem Teknik
2.20.1 Sistem Teknik Details
2.20.2 Sistem Teknik Major Business
2.20.3 Sistem Teknik Industrial Furnace Product and Services
2.20.4 Sistem Teknik Industrial Furnace Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.20.5 Sistem Teknik Recent Developments/Updates
2.21 AVS
2.21.1 AVS Details
2.21.2 AVS Major Business
2.21.3 AVS Industrial Furnace Product and Services
2.21.4 AVS Industrial Furnace Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.21.5 AVS Recent Developments/Updates
2.22 Wisconsin Oven
2.22.1 Wisconsin Oven Details
2.22.2 Wisconsin Oven Major Business
2.22.3 Wisconsin Oven Industrial Furnace Product and Services
2.22.4 Wisconsin Oven Industrial Furnace Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.22.5 Wisconsin Oven Recent Developments/Updates
2.23 TAV Vacuum
2.23.1 TAV Vacuum Details
2.23.2 TAV Vacuum Major Business
2.23.3 TAV Vacuum Industrial Furnace Product and Services
2.23.4 TAV Vacuum Industrial Furnace Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.23.5 TAV Vacuum Recent Developments/Updates
2.24 Cieffe(Accu）
2.24.1 Cieffe(Accu） Details
2.24.2 Cieffe(Accu） Major Business
2.24.3 Cieffe(Accu） Industrial Furnace Product and Services
2.24.4 Cieffe(Accu） Industrial Furnace Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.24.5 Cieffe(Accu） Recent Developments/Updates
3 Competitive Environment: Industrial Furnace by Manufacturer
3.1 Global Industrial Furnace Sales Quantity by Manufacturer (2018-2023)
3.2 Global Industrial Furnace Revenue by Manufacturer (2018-2023)
3.3 Global Industrial Furnace Average Price by Manufacturer (2018-2023)
3.4 Market Share Analysis (2022)
3.4.1 Producer Shipments of Industrial Furnace by Manufacturer Revenue ($MM) and Market Share (%): 2022
3.4.2 Top 3 Industrial Furnace Manufacturer Market Share in 2022
3.4.2 Top 6 Industrial Furnace Manufacturer Market Share in 2022
3.5 Industrial Furnace Market: Overall Company Footprint Analysis
3.5.1 Industrial Furnace Market: Region Footprint
3.5.2 Industrial Furnace Market: Company Product Type Footprint
3.5.3 Industrial Furnace Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Industrial Furnace Market Size by Region
4.1.1 Global Industrial Furnace Sales Quantity by Region (2018-2029)
4.1.2 Global Industrial Furnace Consumption Value by Region (2018-2029)
4.1.3 Global Industrial Furnace Average Price by Region (2018-2029)
4.2 North America Industrial Furnace Consumption Value (2018-2029)
4.3 Europe Industrial Furnace Consumption Value (2018-2029)
4.4 Asia-Pacific Industrial Furnace Consumption Value (2018-2029)
4.5 South America Industrial Furnace Consumption Value (2018-2029)
4.6 Middle East and Africa Industrial Furnace Consumption Value (2018-2029)
5 Market Segment by Type
5.1 Global Industrial Furnace Sales Quantity by Type (2018-2029)
5.2 Global Industrial Furnace Consumption Value by Type (2018-2029)
5.3 Global Industrial Furnace Average Price by Type (2018-2029)
6 Market Segment by Application
6.1 Global Industrial Furnace Sales Quantity by Application (2018-2029)
6.2 Global Industrial Furnace Consumption Value by Application (2018-2029)
6.3 Global Industrial Furnace Average Price by Application (2018-2029)
7 North America
7.1 North America Industrial Furnace Sales Quantity by Type (2018-2029)
7.2 North America Industrial Furnace Sales Quantity by Application (2018-2029)
7.3 North America Industrial Furnace Market Size by Country
7.3.1 North America Industrial Furnace Sales Quantity by Country (2018-2029)
7.3.2 North America Industrial Furnace Consumption Value by Country (2018-2029)
7.3.3 United States Market Size and Forecast (2018-2029)
7.3.4 Canada Market Size and Forecast (2018-2029)
7.3.5 Mexico Market Size and Forecast (2018-2029)
8 Europe
8.1 Europe Industrial Furnace Sales Quantity by Type (2018-2029)
8.2 Europe Industrial Furnace Sales Quantity by Application (2018-2029)
8.3 Europe Industrial Furnace Market Size by Country
8.3.1 Europe Industrial Furnace Sales Quantity by Country (2018-2029)
8.3.2 Europe Industrial Furnace Consumption Value by Country (2018-2029)
8.3.3 Germany Market Size and Forecast (2018-2029)
8.3.4 France Market Size and Forecast (2018-2029)
8.3.5 United Kingdom Market Size and Forecast (2018-2029)
8.3.6 Russia Market Size and Forecast (2018-2029)
8.3.7 Italy Market Size and Forecast (2018-2029)
9 Asia-Pacific
9.1 Asia-Pacific Industrial Furnace Sales Quantity by Type (2018-2029)
9.2 Asia-Pacific Industrial Furnace Sales Quantity by Application (2018-2029)
9.3 Asia-Pacific Industrial Furnace Market Size by Region
9.3.1 Asia-Pacific Industrial Furnace Sales Quantity by Region (2018-2029)
9.3.2 Asia-Pacific Industrial Furnace Consumption Value by Region (2018-2029)
9.3.3 China Market Size and Forecast (2018-2029)
9.3.4 Japan Market Size and Forecast (2018-2029)
9.3.5 Korea Market Size and Forecast (2018-2029)
9.3.6 India Market Size and Forecast (2018-2029)
9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
9.3.8 Australia Market Size and Forecast (2018-2029)
10 South America
10.1 South America Industrial Furnace Sales Quantity by Type (2018-2029)
10.2 South America Industrial Furnace Sales Quantity by Application (2018-2029)
10.3 South America Industrial Furnace Market Size by Country
10.3.1 South America Industrial Furnace Sales Quantity by Country (2018-2029)
10.3.2 South America Industrial Furnace Consumption Value by Country (2018-2029)
10.3.3 Brazil Market Size and Forecast (2018-2029)
10.3.4 Argentina Market Size and Forecast (2018-2029)
11 Middle East & Africa
11.1 Middle East & Africa Industrial Furnace Sales Quantity by Type (2018-2029)
11.2 Middle East & Africa Industrial Furnace Sales Quantity by Application (2018-2029)
11.3 Middle East & Africa Industrial Furnace Market Size by Country
11.3.1 Middle East & Africa Industrial Furnace Sales Quantity by Country (2018-2029)
11.3.2 Middle East & Africa Industrial Furnace Consumption Value by Country (2018-2029)
11.3.3 Turkey Market Size and Forecast (2018-2029)
11.3.4 Egypt Market Size and Forecast (2018-2029)
11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
11.3.6 South Africa Market Size and Forecast (2018-2029)
12 Market Dynamics
12.1 Industrial Furnace Market Drivers
12.2 Industrial Furnace Market Restraints
12.3 Industrial Furnace Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
12.5 Influence of COVID-19 and Russia-Ukraine War
12.5.1 Influence of COVID-19
12.5.2 Influence of Russia-Ukraine War
13 Raw Material and Industry Chain
13.1 Raw Material of Industrial Furnace and Key Manufacturers
13.2 Manufacturing Costs Percentage of Industrial Furnace
13.3 Industrial Furnace Production Process
13.4 Industrial Furnace Industrial Chain
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Industrial Furnace Typical Distributors
14.3 Industrial Furnace Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer

Published By : GlobalInfoResearch

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