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Heating Furnace-Global Market Insights and Sales Trends 2025
Synopsis
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.
The global Heating Furnace market size is expected to reach US$ 7774 million by 2029, growing at a CAGR of 3.5% from 2023 to 2029. The market is mainly driven by the significant applications of Heating Furnace in various end use industries. The expanding demands from the Metallurgy, Petrochemical Industry, Material Handling and Others, are propelling Heating Furnace market. Combustion Type, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Electric Type segment is estimated at % CAGR for the next seven-year period.
Europe is the largest market with about 35% market share. China is follower, accounting for about 24% market share.
The key players are Andritz, Danieli, Tenova, ALD, Ipsen, Shenwu, SECO/WARWICK, Jiangsu Yanxin, Nachi-Fujikoshi, Changzhou Energy, Primetals Technologies, Aichelin Group, Inductotherm, CEC etc. Top 14 companies occupied about 45% market share.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Heating Furnace, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Heating Furnace market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Heating Furnace market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Heating Furnace sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Heating Furnace covered in this report include Andritz, Danieli, Tenova, ALD, Ipsen, Shenwu, SECO/WARWICK, Jiangsu Yanxin and Nachi-Fujikoshi, etc.
The global Heating Furnace market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Andritz
Danieli
Tenova
ALD
Ipsen
Shenwu
SECO/WARWICK
Jiangsu Yanxin
Nachi-Fujikoshi
Changzhou Energy
Primetals Technologies
Aichelin Group
Inductotherm
CEC
Global Heating Furnace market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Heating Furnace market, Segment by Type:
Combustion Type
Electric Type
Global Heating Furnace market, by Application
Metallurgy
Petrochemical Industry
Material Handling
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Heating Furnace manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Heating Furnace in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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.
The global Heating Furnace market size is expected to reach US$ 7774 million by 2029, growing at a CAGR of 3.5% from 2023 to 2029. The market is mainly driven by the significant applications of Heating Furnace in various end use industries. The expanding demands from the Metallurgy, Petrochemical Industry, Material Handling and Others, are propelling Heating Furnace market. Combustion Type, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Electric Type segment is estimated at % CAGR for the next seven-year period.
Europe is the largest market with about 35% market share. China is follower, accounting for about 24% market share.
The key players are Andritz, Danieli, Tenova, ALD, Ipsen, Shenwu, SECO/WARWICK, Jiangsu Yanxin, Nachi-Fujikoshi, Changzhou Energy, Primetals Technologies, Aichelin Group, Inductotherm, CEC etc. Top 14 companies occupied about 45% market share.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Heating Furnace, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Heating Furnace market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Heating Furnace market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Heating Furnace sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Heating Furnace covered in this report include Andritz, Danieli, Tenova, ALD, Ipsen, Shenwu, SECO/WARWICK, Jiangsu Yanxin and Nachi-Fujikoshi, etc.
The global Heating Furnace market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Andritz
Danieli
Tenova
ALD
Ipsen
Shenwu
SECO/WARWICK
Jiangsu Yanxin
Nachi-Fujikoshi
Changzhou Energy
Primetals Technologies
Aichelin Group
Inductotherm
CEC
Global Heating Furnace market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Heating Furnace market, Segment by Type:
Combustion Type
Electric Type
Global Heating Furnace market, by Application
Metallurgy
Petrochemical Industry
Material Handling
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Heating Furnace manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Heating Furnace in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Heating Furnace Market Overview
1.1 Heating Furnace Product Overview
1.2 Heating Furnace Market Segment by Type
1.2.1 Combustion Type
1.2.2 Electric Type
1.3 Global Heating Furnace Market Size by Type
1.3.1 Global Heating Furnace Market Size Overview by Type (2018-2029)
1.3.2 Global Heating Furnace Historic Market Size Review by Type (2018-2023)
1.3.3 Global Heating Furnace Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Heating Furnace Sales Breakdown by Type (2018-2023)
1.4.2 Europe Heating Furnace Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Heating Furnace Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Heating Furnace Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Heating Furnace Sales Breakdown by Type (2018-2023)
2 Global Heating Furnace Market Competition by Company
2.1 Global Top Players by Heating Furnace Sales (2018-2023)
2.2 Global Top Players by Heating Furnace Revenue (2018-2023)
2.3 Global Top Players by Heating Furnace Price (2018-2023)
2.4 Global Top Manufacturers Heating Furnace Manufacturing Base Distribution, Sales Area, Product Type
2.5 Heating Furnace Market Competitive Situation and Trends
2.5.1 Heating Furnace Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Heating Furnace Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Heating Furnace as of 2022)
2.7 Date of Key Manufacturers Enter into Heating Furnace Market
2.8 Key Manufacturers Heating Furnace Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Heating Furnace Status and Outlook by Region
3.1 Global Heating Furnace Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Heating Furnace Historic Market Size by Region
3.2.1 Global Heating Furnace Sales in Volume by Region (2018-2023)
3.2.2 Global Heating Furnace Sales in Value by Region (2018-2023)
3.2.3 Global Heating Furnace Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Heating Furnace Forecasted Market Size by Region
3.3.1 Global Heating Furnace Sales in Volume by Region (2024-2029)
3.3.2 Global Heating Furnace Sales in Value by Region (2024-2029)
3.3.3 Global Heating Furnace Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Heating Furnace by Application
4.1 Heating Furnace Market Segment by Application
4.1.1 Metallurgy
4.1.2 Petrochemical Industry
4.1.3 Material Handling
4.1.4 Others
4.2 Global Heating Furnace Market Size by Application
4.2.1 Global Heating Furnace Market Size Overview by Application (2018-2029)
4.2.2 Global Heating Furnace Historic Market Size Review by Application (2018-2023)
4.2.3 Global Heating Furnace Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Heating Furnace Sales Breakdown by Application (2018-2023)
4.3.2 Europe Heating Furnace Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Heating Furnace Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Heating Furnace Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Heating Furnace Sales Breakdown by Application (2018-2023)
5 North America Heating Furnace by Country
5.1 North America Heating Furnace Historic Market Size by Country
5.1.1 North America Heating Furnace Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Heating Furnace Sales in Volume by Country (2018-2023)
5.1.3 North America Heating Furnace Sales in Value by Country (2018-2023)
5.2 North America Heating Furnace Forecasted Market Size by Country
5.2.1 North America Heating Furnace Sales in Volume by Country (2024-2029)
5.2.2 North America Heating Furnace Sales in Value by Country (2024-2029)
6 Europe Heating Furnace by Country
6.1 Europe Heating Furnace Historic Market Size by Country
6.1.1 Europe Heating Furnace Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Heating Furnace Sales in Volume by Country (2018-2023)
6.1.3 Europe Heating Furnace Sales in Value by Country (2018-2023)
6.2 Europe Heating Furnace Forecasted Market Size by Country
6.2.1 Europe Heating Furnace Sales in Volume by Country (2024-2029)
6.2.2 Europe Heating Furnace Sales in Value by Country (2024-2029)
7 Asia-Pacific Heating Furnace by Region
7.1 Asia-Pacific Heating Furnace Historic Market Size by Region
7.1.1 Asia-Pacific Heating Furnace Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Heating Furnace Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Heating Furnace Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Heating Furnace Forecasted Market Size by Region
7.2.1 Asia-Pacific Heating Furnace Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Heating Furnace Sales in Value by Region (2024-2029)
8 Latin America Heating Furnace by Country
8.1 Latin America Heating Furnace Historic Market Size by Country
8.1.1 Latin America Heating Furnace Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Heating Furnace Sales in Volume by Country (2018-2023)
8.1.3 Latin America Heating Furnace Sales in Value by Country (2018-2023)
8.2 Latin America Heating Furnace Forecasted Market Size by Country
8.2.1 Latin America Heating Furnace Sales in Volume by Country (2024-2029)
8.2.2 Latin America Heating Furnace Sales in Value by Country (2024-2029)
9 Middle East and Africa Heating Furnace by Country
9.1 Middle East and Africa Heating Furnace Historic Market Size by Country
9.1.1 Middle East and Africa Heating Furnace Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Heating Furnace Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Heating Furnace Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Heating Furnace Forecasted Market Size by Country
9.2.1 Middle East and Africa Heating Furnace Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Heating Furnace Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Andritz
10.1.1 Andritz Company Information
10.1.2 Andritz Introduction and Business Overview
10.1.3 Andritz Heating Furnace Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Andritz Heating Furnace Products Offered
10.1.5 Andritz Recent Development
10.2 Danieli
10.2.1 Danieli Company Information
10.2.2 Danieli Introduction and Business Overview
10.2.3 Danieli Heating Furnace Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Danieli Heating Furnace Products Offered
10.2.5 Danieli Recent Development
10.3 Tenova
10.3.1 Tenova Company Information
10.3.2 Tenova Introduction and Business Overview
10.3.3 Tenova Heating Furnace Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Tenova Heating Furnace Products Offered
10.3.5 Tenova Recent Development
10.4 ALD
10.4.1 ALD Company Information
10.4.2 ALD Introduction and Business Overview
10.4.3 ALD Heating Furnace Sales, Revenue and Gross Margin (2018-2023)
10.4.4 ALD Heating Furnace Products Offered
10.4.5 ALD Recent Development
10.5 Ipsen
10.5.1 Ipsen Company Information
10.5.2 Ipsen Introduction and Business Overview
10.5.3 Ipsen Heating Furnace Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Ipsen Heating Furnace Products Offered
10.5.5 Ipsen Recent Development
10.6 Shenwu
10.6.1 Shenwu Company Information
10.6.2 Shenwu Introduction and Business Overview
10.6.3 Shenwu Heating Furnace Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Shenwu Heating Furnace Products Offered
10.6.5 Shenwu Recent Development
10.7 SECO/WARWICK
10.7.1 SECO/WARWICK Company Information
10.7.2 SECO/WARWICK Introduction and Business Overview
10.7.3 SECO/WARWICK Heating Furnace Sales, Revenue and Gross Margin (2018-2023)
10.7.4 SECO/WARWICK Heating Furnace Products Offered
10.7.5 SECO/WARWICK Recent Development
10.8 Jiangsu Yanxin
10.8.1 Jiangsu Yanxin Company Information
10.8.2 Jiangsu Yanxin Introduction and Business Overview
10.8.3 Jiangsu Yanxin Heating Furnace Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Jiangsu Yanxin Heating Furnace Products Offered
10.8.5 Jiangsu Yanxin Recent Development
10.9 Nachi-Fujikoshi
10.9.1 Nachi-Fujikoshi Company Information
10.9.2 Nachi-Fujikoshi Introduction and Business Overview
10.9.3 Nachi-Fujikoshi Heating Furnace Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Nachi-Fujikoshi Heating Furnace Products Offered
10.9.5 Nachi-Fujikoshi Recent Development
10.10 Changzhou Energy
10.10.1 Changzhou Energy Company Information
10.10.2 Changzhou Energy Introduction and Business Overview
10.10.3 Changzhou Energy Heating Furnace Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Changzhou Energy Heating Furnace Products Offered
10.10.5 Changzhou Energy Recent Development
10.11 Primetals Technologies
10.11.1 Primetals Technologies Company Information
10.11.2 Primetals Technologies Introduction and Business Overview
10.11.3 Primetals Technologies Heating Furnace Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Primetals Technologies Heating Furnace Products Offered
10.11.5 Primetals Technologies Recent Development
10.12 Aichelin Group
10.12.1 Aichelin Group Company Information
10.12.2 Aichelin Group Introduction and Business Overview
10.12.3 Aichelin Group Heating Furnace Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Aichelin Group Heating Furnace Products Offered
10.12.5 Aichelin Group Recent Development
10.13 Inductotherm
10.13.1 Inductotherm Company Information
10.13.2 Inductotherm Introduction and Business Overview
10.13.3 Inductotherm Heating Furnace Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Inductotherm Heating Furnace Products Offered
10.13.5 Inductotherm Recent Development
10.14 CEC
10.14.1 CEC Company Information
10.14.2 CEC Introduction and Business Overview
10.14.3 CEC Heating Furnace Sales, Revenue and Gross Margin (2018-2023)
10.14.4 CEC Heating Furnace Products Offered
10.14.5 CEC Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Heating Furnace Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Heating Furnace Industrial Chain Analysis
11.4 Heating Furnace Market Dynamics
11.4.1 Heating Furnace Industry Trends
11.4.2 Heating Furnace Market Drivers
11.4.3 Heating Furnace Market Challenges
11.4.4 Heating Furnace Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Heating Furnace Distributors
12.3 Heating Furnace Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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