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Melting Furnaces-Global Market Insights and Sales Trends 2025
Synopsis
In metal casting, the required heat to be exerted to the metal so as to reach its melting point is applied through the furnaces. A furnace is used to melt the metals in initial stages of the metallurgical process.
The global Melting Furnaces market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Melting Furnaces in various end use industries. The expanding demands from the Investment Casting, Precious Metals Melting, Copper Melting and Alloy Manufacturing, are propelling Melting Furnaces market. Cupola Furnace, 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 Induction Furnace segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Melting Furnaces market, driven by demand from China, the second largest economy with some signs of stabilising, the Melting Furnaces market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
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 Melting Furnaces, 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 Melting Furnaces 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 Melting Furnaces market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Melting Furnaces 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 Melting Furnaces covered in this report include AMELT, MG ELECTRICALS, Carant S.r.l., Inductotherm, Silcarb Recrystallized, Nabertherm, DOWA HOLDINGS, Kalyani Furnaces and ECM Technologies, etc.
The global Melting Furnaces market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
AMELT
MG ELECTRICALS
Carant S.r.l.
Inductotherm
Silcarb Recrystallized
Nabertherm
DOWA HOLDINGS
Kalyani Furnaces
ECM Technologies
Therelek
MPH
DAIDO STEEL
Swastik Furnaces
Electrotherm
Furnteck
Global Melting Furnaces 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 Melting Furnaces market, Segment by Type:
Cupola Furnace
Induction Furnace
Open Hearth Furnace
Global Melting Furnaces market, by Application
Investment Casting
Precious Metals Melting
Copper Melting
Alloy Manufacturing
Aluminum Melting
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 Melting Furnaces manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Melting Furnaces 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.
In metal casting, the required heat to be exerted to the metal so as to reach its melting point is applied through the furnaces. A furnace is used to melt the metals in initial stages of the metallurgical process.
The global Melting Furnaces market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Melting Furnaces in various end use industries. The expanding demands from the Investment Casting, Precious Metals Melting, Copper Melting and Alloy Manufacturing, are propelling Melting Furnaces market. Cupola Furnace, 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 Induction Furnace segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Melting Furnaces market, driven by demand from China, the second largest economy with some signs of stabilising, the Melting Furnaces market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
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 Melting Furnaces, 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 Melting Furnaces 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 Melting Furnaces market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Melting Furnaces 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 Melting Furnaces covered in this report include AMELT, MG ELECTRICALS, Carant S.r.l., Inductotherm, Silcarb Recrystallized, Nabertherm, DOWA HOLDINGS, Kalyani Furnaces and ECM Technologies, etc.
The global Melting Furnaces market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
AMELT
MG ELECTRICALS
Carant S.r.l.
Inductotherm
Silcarb Recrystallized
Nabertherm
DOWA HOLDINGS
Kalyani Furnaces
ECM Technologies
Therelek
MPH
DAIDO STEEL
Swastik Furnaces
Electrotherm
Furnteck
Global Melting Furnaces 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 Melting Furnaces market, Segment by Type:
Cupola Furnace
Induction Furnace
Open Hearth Furnace
Global Melting Furnaces market, by Application
Investment Casting
Precious Metals Melting
Copper Melting
Alloy Manufacturing
Aluminum Melting
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 Melting Furnaces manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Melting Furnaces 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 Melting Furnaces Market Overview
1.1 Melting Furnaces Product Overview
1.2 Melting Furnaces Market Segment by Type
1.2.1 Cupola Furnace
1.2.2 Induction Furnace
1.2.3 Open Hearth Furnace
1.3 Global Melting Furnaces Market Size by Type
1.3.1 Global Melting Furnaces Market Size Overview by Type (2018-2029)
1.3.2 Global Melting Furnaces Historic Market Size Review by Type (2018-2023)
1.3.3 Global Melting Furnaces Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Melting Furnaces Sales Breakdown by Type (2018-2023)
1.4.2 Europe Melting Furnaces Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Melting Furnaces Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Melting Furnaces Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Melting Furnaces Sales Breakdown by Type (2018-2023)
2 Global Melting Furnaces Market Competition by Company
2.1 Global Top Players by Melting Furnaces Sales (2018-2023)
2.2 Global Top Players by Melting Furnaces Revenue (2018-2023)
2.3 Global Top Players by Melting Furnaces Price (2018-2023)
2.4 Global Top Manufacturers Melting Furnaces Manufacturing Base Distribution, Sales Area, Product Type
2.5 Melting Furnaces Market Competitive Situation and Trends
2.5.1 Melting Furnaces Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Melting Furnaces 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 Melting Furnaces as of 2022)
2.7 Date of Key Manufacturers Enter into Melting Furnaces Market
2.8 Key Manufacturers Melting Furnaces Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Melting Furnaces Status and Outlook by Region
3.1 Global Melting Furnaces Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Melting Furnaces Historic Market Size by Region
3.2.1 Global Melting Furnaces Sales in Volume by Region (2018-2023)
3.2.2 Global Melting Furnaces Sales in Value by Region (2018-2023)
3.2.3 Global Melting Furnaces Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Melting Furnaces Forecasted Market Size by Region
3.3.1 Global Melting Furnaces Sales in Volume by Region (2024-2029)
3.3.2 Global Melting Furnaces Sales in Value by Region (2024-2029)
3.3.3 Global Melting Furnaces Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Melting Furnaces by Application
4.1 Melting Furnaces Market Segment by Application
4.1.1 Investment Casting
4.1.2 Precious Metals Melting
4.1.3 Copper Melting
4.1.4 Alloy Manufacturing
4.1.5 Aluminum Melting
4.2 Global Melting Furnaces Market Size by Application
4.2.1 Global Melting Furnaces Market Size Overview by Application (2018-2029)
4.2.2 Global Melting Furnaces Historic Market Size Review by Application (2018-2023)
4.2.3 Global Melting Furnaces Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Melting Furnaces Sales Breakdown by Application (2018-2023)
4.3.2 Europe Melting Furnaces Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Melting Furnaces Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Melting Furnaces Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Melting Furnaces Sales Breakdown by Application (2018-2023)
5 North America Melting Furnaces by Country
5.1 North America Melting Furnaces Historic Market Size by Country
5.1.1 North America Melting Furnaces Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Melting Furnaces Sales in Volume by Country (2018-2023)
5.1.3 North America Melting Furnaces Sales in Value by Country (2018-2023)
5.2 North America Melting Furnaces Forecasted Market Size by Country
5.2.1 North America Melting Furnaces Sales in Volume by Country (2024-2029)
5.2.2 North America Melting Furnaces Sales in Value by Country (2024-2029)
6 Europe Melting Furnaces by Country
6.1 Europe Melting Furnaces Historic Market Size by Country
6.1.1 Europe Melting Furnaces Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Melting Furnaces Sales in Volume by Country (2018-2023)
6.1.3 Europe Melting Furnaces Sales in Value by Country (2018-2023)
6.2 Europe Melting Furnaces Forecasted Market Size by Country
6.2.1 Europe Melting Furnaces Sales in Volume by Country (2024-2029)
6.2.2 Europe Melting Furnaces Sales in Value by Country (2024-2029)
7 Asia-Pacific Melting Furnaces by Region
7.1 Asia-Pacific Melting Furnaces Historic Market Size by Region
7.1.1 Asia-Pacific Melting Furnaces Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Melting Furnaces Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Melting Furnaces Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Melting Furnaces Forecasted Market Size by Region
7.2.1 Asia-Pacific Melting Furnaces Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Melting Furnaces Sales in Value by Region (2024-2029)
8 Latin America Melting Furnaces by Country
8.1 Latin America Melting Furnaces Historic Market Size by Country
8.1.1 Latin America Melting Furnaces Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Melting Furnaces Sales in Volume by Country (2018-2023)
8.1.3 Latin America Melting Furnaces Sales in Value by Country (2018-2023)
8.2 Latin America Melting Furnaces Forecasted Market Size by Country
8.2.1 Latin America Melting Furnaces Sales in Volume by Country (2024-2029)
8.2.2 Latin America Melting Furnaces Sales in Value by Country (2024-2029)
9 Middle East and Africa Melting Furnaces by Country
9.1 Middle East and Africa Melting Furnaces Historic Market Size by Country
9.1.1 Middle East and Africa Melting Furnaces Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Melting Furnaces Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Melting Furnaces Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Melting Furnaces Forecasted Market Size by Country
9.2.1 Middle East and Africa Melting Furnaces Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Melting Furnaces Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 AMELT
10.1.1 AMELT Company Information
10.1.2 AMELT Introduction and Business Overview
10.1.3 AMELT Melting Furnaces Sales, Revenue and Gross Margin (2018-2023)
10.1.4 AMELT Melting Furnaces Products Offered
10.1.5 AMELT Recent Development
10.2 MG ELECTRICALS
10.2.1 MG ELECTRICALS Company Information
10.2.2 MG ELECTRICALS Introduction and Business Overview
10.2.3 MG ELECTRICALS Melting Furnaces Sales, Revenue and Gross Margin (2018-2023)
10.2.4 MG ELECTRICALS Melting Furnaces Products Offered
10.2.5 MG ELECTRICALS Recent Development
10.3 Carant S.r.l.
10.3.1 Carant S.r.l. Company Information
10.3.2 Carant S.r.l. Introduction and Business Overview
10.3.3 Carant S.r.l. Melting Furnaces Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Carant S.r.l. Melting Furnaces Products Offered
10.3.5 Carant S.r.l. Recent Development
10.4 Inductotherm
10.4.1 Inductotherm Company Information
10.4.2 Inductotherm Introduction and Business Overview
10.4.3 Inductotherm Melting Furnaces Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Inductotherm Melting Furnaces Products Offered
10.4.5 Inductotherm Recent Development
10.5 Silcarb Recrystallized
10.5.1 Silcarb Recrystallized Company Information
10.5.2 Silcarb Recrystallized Introduction and Business Overview
10.5.3 Silcarb Recrystallized Melting Furnaces Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Silcarb Recrystallized Melting Furnaces Products Offered
10.5.5 Silcarb Recrystallized Recent Development
10.6 Nabertherm
10.6.1 Nabertherm Company Information
10.6.2 Nabertherm Introduction and Business Overview
10.6.3 Nabertherm Melting Furnaces Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Nabertherm Melting Furnaces Products Offered
10.6.5 Nabertherm Recent Development
10.7 DOWA HOLDINGS
10.7.1 DOWA HOLDINGS Company Information
10.7.2 DOWA HOLDINGS Introduction and Business Overview
10.7.3 DOWA HOLDINGS Melting Furnaces Sales, Revenue and Gross Margin (2018-2023)
10.7.4 DOWA HOLDINGS Melting Furnaces Products Offered
10.7.5 DOWA HOLDINGS Recent Development
10.8 Kalyani Furnaces
10.8.1 Kalyani Furnaces Company Information
10.8.2 Kalyani Furnaces Introduction and Business Overview
10.8.3 Kalyani Furnaces Melting Furnaces Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Kalyani Furnaces Melting Furnaces Products Offered
10.8.5 Kalyani Furnaces Recent Development
10.9 ECM Technologies
10.9.1 ECM Technologies Company Information
10.9.2 ECM Technologies Introduction and Business Overview
10.9.3 ECM Technologies Melting Furnaces Sales, Revenue and Gross Margin (2018-2023)
10.9.4 ECM Technologies Melting Furnaces Products Offered
10.9.5 ECM Technologies Recent Development
10.10 Therelek
10.10.1 Therelek Company Information
10.10.2 Therelek Introduction and Business Overview
10.10.3 Therelek Melting Furnaces Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Therelek Melting Furnaces Products Offered
10.10.5 Therelek Recent Development
10.11 MPH
10.11.1 MPH Company Information
10.11.2 MPH Introduction and Business Overview
10.11.3 MPH Melting Furnaces Sales, Revenue and Gross Margin (2018-2023)
10.11.4 MPH Melting Furnaces Products Offered
10.11.5 MPH Recent Development
10.12 DAIDO STEEL
10.12.1 DAIDO STEEL Company Information
10.12.2 DAIDO STEEL Introduction and Business Overview
10.12.3 DAIDO STEEL Melting Furnaces Sales, Revenue and Gross Margin (2018-2023)
10.12.4 DAIDO STEEL Melting Furnaces Products Offered
10.12.5 DAIDO STEEL Recent Development
10.13 Swastik Furnaces
10.13.1 Swastik Furnaces Company Information
10.13.2 Swastik Furnaces Introduction and Business Overview
10.13.3 Swastik Furnaces Melting Furnaces Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Swastik Furnaces Melting Furnaces Products Offered
10.13.5 Swastik Furnaces Recent Development
10.14 Electrotherm
10.14.1 Electrotherm Company Information
10.14.2 Electrotherm Introduction and Business Overview
10.14.3 Electrotherm Melting Furnaces Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Electrotherm Melting Furnaces Products Offered
10.14.5 Electrotherm Recent Development
10.15 Furnteck
10.15.1 Furnteck Company Information
10.15.2 Furnteck Introduction and Business Overview
10.15.3 Furnteck Melting Furnaces Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Furnteck Melting Furnaces Products Offered
10.15.5 Furnteck Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Melting Furnaces 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 Melting Furnaces Industrial Chain Analysis
11.4 Melting Furnaces Market Dynamics
11.4.1 Melting Furnaces Industry Trends
11.4.2 Melting Furnaces Market Drivers
11.4.3 Melting Furnaces Market Challenges
11.4.4 Melting Furnaces Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Melting Furnaces Distributors
12.3 Melting Furnaces 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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