Market Overview:
The global ashing furnace market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for dental products and research institutes across the globe. In terms of type, the market is segmented into under 10 liters, 10-20 liters, 20-30 liters, 30-40 liters and above 40 liters. Among these segments, the 30-40 liter segment is expected to witness highest growth during the forecast period owing to rising demand for laboratory equipment in research institutes. In terms of application, dental industry accounted for majority share in 2017 and is projected to maintain its dominance during the forecast period.
Product Definition:
An ashing furnace is a device used to incinerate solid samples for the purpose of ash analysis. The importance of an ashing furnace lies in its ability to produce a uniform, reproducible sample for elemental analysis.
Uder 10 Litres:
Uder 10 liters is a type of iron scrap generated during the production of steel. It is usually collected in large drums and then processed at special facilities before being sold to scrap dealers for further processing. The global uder market has witnessed significant growth over the past few years owing to rising demand from various end-use industries including construction, automotive, electrical & electronics and others.
10-20 Litres:
The ashing furnace is used to burn the waste products of the metal working industries. It is also known as a coke oven or ferro-cok hearth. The primary function of this device is to remove impurities from scrap iron and steel by burning them in an enclosed space with limited oxygen supply.
Application Insights:
The global ashing furnace market is segmented on the basis of application into dental industry, research institutions, and others. The dental industry dominated the overall application segment with a share of over 30% in 2017. This high share is attributable to increasing demand for white crowns and bridges from several countries such as India, China, Germany and U.S., which are mainly manufactured using metal alloys or Zinc alloy materials that require an ashing furnace for proper refining process.
Research institutes followed closely behind the dental industry in terms of market share owing to their usage in various research activities such as spectroscopic studies related to chemical composition analysis of different samples refined using an Ashing Furnace or Smelting Furnace.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing demand for ashing furnaces in countries, such as India, China, Japan and South Korea. In addition, growing medical tourism in emerging economies of Asia Pacific region will boost the demand for dental equipment and other healthcare products which will further propel industry growth over the forecast period.
Europe was estimated at USD X million in 2017 owing to high consumption levels coupled with stringent regulations regarding emission control standards by various regulatory bodies like European Union (EU), Environmental Protection Agency (EPA) etc., affecting manufacturers production output prices or costs adversely. North America held a significant share due to high consumption levels coupled with preference towards domestic manufacturing units by companies operating within region resulting low product availability imported from other regions at affordable prices impacting overall industry growth negatively.
Growth Factors:
- Increasing demand from the automotive and aerospace industries for high-temperature furnaces used in the manufacturing of advanced materials and components.
- Growing demand for energy-efficient furnaces that can reduce production costs.
- The increasing use of furnace technologies in medical device manufacturing and other high-tech applications.
- The development of new alloys and materials that require higher temperatures for processing, such as titanium aluminide alloys used in aircraft engines. 5) Technological advances that improve furnace performance, including developments in heating elements, insulation, controls, and software
Scope Of The Report
Report Attributes
Report Details
Report Title
Ashing Furnace Market Research Report
By Type
Uder 10 Litres, 10-20 Litres, 20-30 Litres, 30-40 Litres, Above 40 Litres
By Application
Dental Industry, Research Institutions, Others
By Companies
Nabertherm, Carbolite Gero, Sentro Tech, ThermCraft, Vecstar, Elite Thermal Systems, Bastak Instruments, Brother Furnace, CEM Corporation, Labec, MSE Teknoloji Ltd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Ashing Furnace Market Report Segments:
The global Ashing Furnace market is segmented on the basis of:
Types
Uder 10 Litres, 10-20 Litres, 20-30 Litres, 30-40 Litres, Above 40 Litres
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Dental Industry, Research Institutions, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nabertherm
- Carbolite Gero
- Sentro Tech
- ThermCraft
- Vecstar
- Elite Thermal Systems
- Bastak Instruments
- Brother Furnace
- CEM Corporation
- Labec
- MSE Teknoloji Ltd
Highlights of The Ashing Furnace Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Uder 10 Litres
- 10-20 Litres
- 20-30 Litres
- 30-40 Litres
- Above 40 Litres
- By Application:
- Dental Industry
- Research Institutions
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ashing Furnace Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An ashing furnace is a type of furnace used to smelt metals. It uses an intense heat and a controlled atmosphere to reduce the metal content of the ore into its elemental form.
Some of the major players in the ashing furnace market are Nabertherm, Carbolite Gero, Sentro Tech, ThermCraft, Vecstar, Elite Thermal Systems, Bastak Instruments, Brother Furnace, CEM Corporation, Labec, MSE Teknoloji Ltd.
The ashing furnace market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ashing Furnace Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ashing Furnace Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ashing Furnace Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ashing Furnace Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ashing Furnace Market Size & Forecast, 2018-2028
4.5.1 Ashing Furnace Market Size and Y-o-Y Growth
4.5.2 Ashing Furnace Market Absolute $ Opportunity
Chapter 5 Global Ashing Furnace Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Ashing Furnace Market Size Forecast by Type
5.2.1 Uder 10 Litres
5.2.2 10-20 Litres
5.2.3 20-30 Litres
5.2.4 30-40 Litres
5.2.5 Above 40 Litres
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ashing Furnace Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Ashing Furnace Market Size Forecast by Applications
6.2.1 Dental Industry
6.2.2 Research Institutions
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ashing Furnace Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ashing Furnace Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Ashing Furnace Analysis and Forecast
9.1 Introduction
9.2 North America Ashing Furnace Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Ashing Furnace Market Size Forecast by Type
9.6.1 Uder 10 Litres
9.6.2 10-20 Litres
9.6.3 20-30 Litres
9.6.4 30-40 Litres
9.6.5 Above 40 Litres
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Ashing Furnace Market Size Forecast by Applications
9.10.1 Dental Industry
9.10.2 Research Institutions
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Ashing Furnace Analysis and Forecast
10.1 Introduction
10.2 Europe Ashing Furnace Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Ashing Furnace Market Size Forecast by Type
10.6.1 Uder 10 Litres
10.6.2 10-20 Litres
10.6.3 20-30 Litres
10.6.4 30-40 Litres
10.6.5 Above 40 Litres
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Ashing Furnace Market Size Forecast by Applications
10.10.1 Dental Industry
10.10.2 Research Institutions
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Ashing Furnace Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ashing Furnace Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Ashing Furnace Market Size Forecast by Type
11.6.1 Uder 10 Litres
11.6.2 10-20 Litres
11.6.3 20-30 Litres
11.6.4 30-40 Litres
11.6.5 Above 40 Litres
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Ashing Furnace Market Size Forecast by Applications
11.10.1 Dental Industry
11.10.2 Research Institutions
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Ashing Furnace Analysis and Forecast
12.1 Introduction
12.2 Latin America Ashing Furnace Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Ashing Furnace Market Size Forecast by Type
12.6.1 Uder 10 Litres
12.6.2 10-20 Litres
12.6.3 20-30 Litres
12.6.4 30-40 Litres
12.6.5 Above 40 Litres
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Ashing Furnace Market Size Forecast by Applications
12.10.1 Dental Industry
12.10.2 Research Institutions
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Ashing Furnace Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ashing Furnace Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Ashing Furnace Market Size Forecast by Type
13.6.1 Uder 10 Litres
13.6.2 10-20 Litres
13.6.3 20-30 Litres
13.6.4 30-40 Litres
13.6.5 Above 40 Litres
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Ashing Furnace Market Size Forecast by Applications
13.10.1 Dental Industry
13.10.2 Research Institutions
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ashing Furnace Market: Competitive Dashboard
14.2 Global Ashing Furnace Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nabertherm
14.3.2 Carbolite Gero
14.3.3 Sentro Tech
14.3.4 ThermCraft
14.3.5 Vecstar
14.3.6 Elite Thermal Systems
14.3.7 Bastak Instruments
14.3.8 Brother Furnace
14.3.9 CEM Corporation
14.3.10 Labec
14.3.11 MSE Teknoloji Ltd
