Market Overview:
The global atmosphere furnaces 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 automobiles and construction activities across the globe. Additionally, the growing nuclear and defense sectors are also expected to fuel the demand for atmosphere furnaces in the coming years. The global atmosphere furnaces market is segmented on the basis of type, application, and region. On the basis of type,the market is segmented into box furnaces, tilting cover furnaces, car bottom furnaces, bell furnacea,, roller hearth furnacea,, rotary hearth furnacea,, and vertical quench furnacea,. The box Furnace segment accounted for majority share in 2017 owing to its widespread use across various applications such as automotive, construction Railways), nuclear power plants), defense sector), trucks/agriculture sector) oil & gas sector). However;the tilting cover Furnace segmentis projectedto grow at a highest CAGR during 2018-2030 due its advantages over other types of Furnace such as easy installation & operation , low maintenance cost etc.).On th ebasis o fapplication ,t he m arket i s se gmente d i nt o au tomotive ,co nstru ction (i .e .
Product Definition:
Atmosphere furnaces are used to produce steel by the Bessemer process. The furnace is named for its container, which is made of refractory bricks and lined with a layer of fireclay. A blast of air (and sometimes oxygen) is blown through the bottom of the furnace, heating the iron ore and other materials to a high temperature. The molten metal flows out through an opening at the top of the furnace and into a ladle or pig iron pot.
Box Furnaces:
Box furnaces are small-scale industrial furnaces used for processing ceramics, metals, and glass. They operate at a lower temperature than atmosphere furnaces and have a lower capacity as well. These devices can be utilized to melt pigments or refractory materials in addition to the base material; they also offer high thermal efficiency due to their compact size.
Tilting Cover Furnaces:
Tilting cover furnaces are used in atmosphere furnaces to provide a vertical or near vertical heat source. Tilting cover furnace is also known as tundish furnace and is essentially a metal container with its mouth at the bottom and one or more chimneys rising from the top.
Application Insights:
The construction industry was the largest application segment in 2017 and is expected to witness significant growth over the forecast period. The increasing population coupled with rising disposable income has led to an increase in residential and commercial construction activities across the globe. This, in turn, is anticipated to drive demand for atmosphere furnaces over the forecast period.
Automotive sector emerged as another key application segment owing to growing automotive manufacturing activities across various regions including Asia Pacific, North America and Europe. In addition, stringent government regulations on emission control are expected to drive demand for environment-friendly technologies such as atmosphere furnaces from automotive applications over the coming years.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of steel producers and consumers. The region is expected to maintain its dominance over the forecast period due to increasing demand for automobiles, construction materials, and oil & gas exploration equipment.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rapid industrialization coupled with government support for infrastructure development in countries such as China, India, Japan, South Korea and Taiwan. In addition, rising population along with increased living standards are likely fuel product demand across various application segments including automotive and construction industry.
Growth Factors:
- Increasing demand from the automotive and aerospace industries for high-temperature furnaces
- Growing demand for energy-efficient and environmentally friendly furnaces
- Rapid growth in the semiconductor industry, which is driving the need for more advanced furnace technologies
- The increasing use of 3D printing in manufacturing, which requires high-temperature furnaces to produce metal parts
- The growing popularity of thermal spray coatings as a way to improve the performance of industrial products
Scope Of The Report
Report Attributes
Report Details
Report Title
Atmosphere Furnaces Market Research Report
By Type
Box Furnaces, Tilting Cover Furnaces, Car Bottom Furnaces, Bell Furnaces, Roller Hearth Furnaces, Rotary Hearth Furnaces, Vertical Quench Furnaces
By Application
Automotive, Construction, Rail, Nuclear, Defense, Trucks/Agriculture, Oil & Gas
By Companies
Ipsen, Seco Warwick, SAT, EFR, TAV, CAN-ENG
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
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Atmosphere Furnaces Market Report Segments:
The global Atmosphere Furnaces market is segmented on the basis of:
Types
Box Furnaces, Tilting Cover Furnaces, Car Bottom Furnaces, Bell Furnaces, Roller Hearth Furnaces, Rotary Hearth Furnaces, Vertical Quench Furnaces
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
Automotive, Construction, Rail, Nuclear, Defense, Trucks/Agriculture, Oil & Gas
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:
- Ipsen
- Seco Warwick
- SAT
- EFR
- TAV
- CAN-ENG
Highlights of The Atmosphere Furnaces 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:
- Box Furnaces
- Tilting Cover Furnaces
- Car Bottom Furnaces
- Bell Furnaces
- Roller Hearth Furnaces
- Rotary Hearth Furnaces
- Vertical Quench Furnaces
- By Application:
- Automotive
- Construction
- Rail
- Nuclear
- Defense
- Trucks/Agriculture
- Oil & Gas
- 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 Atmosphere Furnaces 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:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
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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 atmosphere furnace is a type of industrial furnace used to produce metals and alloys from their ores. The gases produced by the burning of the ore are drawn into the furnace, where they react with other elements in the air to create new metals.
Some of the major players in the atmosphere furnaces market are Ipsen, Seco Warwick, SAT, EFR, TAV, CAN-ENG.
The atmosphere furnaces 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 Atmosphere Furnaces 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 Atmosphere Furnaces Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Atmosphere Furnaces 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 Atmosphere Furnaces 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 Atmosphere Furnaces Market Size & Forecast, 2020-2028
4.5.1 Atmosphere Furnaces Market Size and Y-o-Y Growth
4.5.2 Atmosphere Furnaces Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Box Furnaces
5.2.2 Tilting Cover Furnaces
5.2.3 Car Bottom Furnaces
5.2.4 Bell Furnaces
5.2.5 Roller Hearth Furnaces
5.2.6 Rotary Hearth Furnaces
5.2.7 Vertical Quench Furnaces
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Construction
6.2.3 Rail
6.2.4 Nuclear
6.2.5 Defense
6.2.6 Trucks/Agriculture
6.2.7 Oil & Gas
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Atmosphere Furnaces 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 Atmosphere Furnaces 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Box Furnaces
9.6.2 Tilting Cover Furnaces
9.6.3 Car Bottom Furnaces
9.6.4 Bell Furnaces
9.6.5 Roller Hearth Furnaces
9.6.6 Rotary Hearth Furnaces
9.6.7 Vertical Quench Furnaces
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 Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Construction
9.10.3 Rail
9.10.4 Nuclear
9.10.5 Defense
9.10.6 Trucks/Agriculture
9.10.7 Oil & Gas
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Box Furnaces
10.6.2 Tilting Cover Furnaces
10.6.3 Car Bottom Furnaces
10.6.4 Bell Furnaces
10.6.5 Roller Hearth Furnaces
10.6.6 Rotary Hearth Furnaces
10.6.7 Vertical Quench Furnaces
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 Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Construction
10.10.3 Rail
10.10.4 Nuclear
10.10.5 Defense
10.10.6 Trucks/Agriculture
10.10.7 Oil & Gas
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Box Furnaces
11.6.2 Tilting Cover Furnaces
11.6.3 Car Bottom Furnaces
11.6.4 Bell Furnaces
11.6.5 Roller Hearth Furnaces
11.6.6 Rotary Hearth Furnaces
11.6.7 Vertical Quench Furnaces
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 Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Construction
11.10.3 Rail
11.10.4 Nuclear
11.10.5 Defense
11.10.6 Trucks/Agriculture
11.10.7 Oil & Gas
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Box Furnaces
12.6.2 Tilting Cover Furnaces
12.6.3 Car Bottom Furnaces
12.6.4 Bell Furnaces
12.6.5 Roller Hearth Furnaces
12.6.6 Rotary Hearth Furnaces
12.6.7 Vertical Quench Furnaces
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 Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Construction
12.10.3 Rail
12.10.4 Nuclear
12.10.5 Defense
12.10.6 Trucks/Agriculture
12.10.7 Oil & Gas
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Box Furnaces
13.6.2 Tilting Cover Furnaces
13.6.3 Car Bottom Furnaces
13.6.4 Bell Furnaces
13.6.5 Roller Hearth Furnaces
13.6.6 Rotary Hearth Furnaces
13.6.7 Vertical Quench Furnaces
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) Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Construction
13.10.3 Rail
13.10.4 Nuclear
13.10.5 Defense
13.10.6 Trucks/Agriculture
13.10.7 Oil & Gas
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 Atmosphere Furnaces Market: Competitive Dashboard
14.2 Global Atmosphere Furnaces Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ipsen
14.3.2 Seco Warwick
14.3.3 SAT
14.3.4 EFR
14.3.5 TAV
14.3.6 CAN-ENG
