Market Overview:
The global continuous furnaces market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for continuous furnaces from various end-use industries, such as automotive, metallurgical and aerospace industries. In addition, the growing demand for energy-efficient and environment-friendly continuous furnaces is also contributing to the growth of this market. Based on type, pusher furnaces accounted for a major share of the global continuous furnaces market in 2017. This type of furnace is mainly used in automotive and metallurgical industries owing to its ability to produce high-quality products with low levels of defects.
Product Definition:
A continuous furnace is a type of industrial furnace that heats material by passing it through a long, narrow chamber where the temperature is maintained at a set point. The material is heated as it moves through the furnace and exits molten or in a solid state. Continuous furnaces are used to produce high volumes of product and can be configured in different ways to accommodate different materials. They are important because they can heat large quantities of material quickly and efficiently, making them ideal for mass production.
Pusher furnaces:
Pusher furnaces are used to control the flow of material into a furnace. It is also known as manual or hand-pushed furnace. The basic principle on which this device operates is that of suction and discharge.
Roller hearth furnaces:
Roller hearth furnaces are used in continuous furnaces for the treatment of refractory materials. The main function of roller hearth furnace is to provide a means for maintaining the temperature and pressure throughout the combustion chamber. It consists of a series of rollers mounted parallel to each other and connected by chains or belts, which can turn through 360 degrees.
Application Insights:
Automotive industry was the largest application segment in 2016 and is expected to continue its dominance over the forecast period. The automotive industry requires a large number of steel, aluminum and other metals which are used for manufacturing vehicles. Continuous furnaces are widely used in automotive industries as they help reduce emissions by up to 80%.
The aerospace sector also accounted for a significant market share in 2016 owing to increasing demand for passenger travel and military aircrafts from major markets such as U.S., China, Germany, Japan etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the major automotive, aerospace, construction, and consumer electronics manufacturers. In addition, key players are shifting their production bases to emerging economies including China and India owing to regulatory reforms in developed countries such as U.S., Germany, UK & Japan. This has resulted in high demand for continuous furnaces across Asia Pacific region due to low manufacturing cost coupled with less stringent regulations regarding carbon emission compared to developed regions such as Europe & North America.
The growing metallurgical industries mainly in China and India have resulted into high product demand across Asia Pacific region over the past few years on account of rising exports from these countries along with growing domestic consumption especially for producing steel products at home thus resulting into higher revenue share of continuous furnaces industry within Asia Pacific regional market during recent years (2011-2017).
Growth Factors:
- Increasing demand for Continuous Furnaces from the automotive and aerospace industries due to the growing need for lightweight and fuel-efficient vehicles and aircraft.
- Growing demand for Continuous Furnaces in the medical device industry due to the increasing use of advanced materials in medical devices.
- Rising demand from developing countries due to the growth of their manufacturing sectors.
- Technological advancements that have led to the development of more energy-efficient and compact Continuous Furnaces designs.
Scope Of The Report
Report Attributes
Report Details
Report Title
Continuous Furnaces Market Research Report
By Type
Pusher furnaces, Roller hearth furnaces, Rotary hearth furnaces, Walking beam furnaces, Others
By Application
Automobile Industry, Metallurgical Industry, Aerospace Industry, Electrical, Others
By Companies
CEC, Nutec Bickley, HTF (Therma-Tron-X), Kleenair, BeaverMatic, Wellman Furnaces, Ingener Furnaces, Seco/Warwick, CAN-ENG, Cieffe, CEC, Tenova, BTU (AMTECH), ANDRITZ, Forni Industriali Bendotti, Lindberg / MPH, CHE Furnaces, Upton Industries, HKFurnace, Lanly, CM Furnaces, Mellen, Aswathi Industries Limited, Heat Shield Technologies, Shandong Wanfang Kiln, Shijiazhuang Pengyuan Automation
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
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Continuous Furnaces Market Report Segments:
The global Continuous Furnaces market is segmented on the basis of:
Types
Pusher furnaces, Roller hearth furnaces, Rotary hearth furnaces, Walking beam furnaces, Others
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
Automobile Industry, Metallurgical Industry, Aerospace Industry, Electrical, 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:
- CEC
- Nutec Bickley
- HTF (Therma-Tron-X)
- Kleenair
- BeaverMatic
- Wellman Furnaces
- Ingener Furnaces
- Seco/Warwick
- CAN-ENG
- Cieffe
- CEC
- Tenova
- BTU (AMTECH)
- ANDRITZ
- Forni Industriali Bendotti
- Lindberg / MPH
- CHE Furnaces
- Upton Industries
- HKFurnace
- Lanly
- CM Furnaces
- Mellen
- Aswathi Industries Limited
- Heat Shield Technologies
- Shandong Wanfang Kiln
- Shijiazhuang Pengyuan Automation
Highlights of The Continuous 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:
- Pusher furnaces
- Roller hearth furnaces
- Rotary hearth furnaces
- Walking beam furnaces
- Others
- By Application:
- Automobile Industry
- Metallurgical Industry
- Aerospace Industry
- Electrical
- 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 Continuous 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.
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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?
Continuous furnaces are a type of furnace that can operate at high temperatures and pressures. This makes them ideal for producing metals, such as aluminum, steel, and titanium.
Some of the major companies in the continuous furnaces market are CEC, Nutec Bickley, HTF (Therma-Tron-X), Kleenair, BeaverMatic, Wellman Furnaces, Ingener Furnaces, Seco/Warwick, CAN-ENG, Cieffe, CEC, Tenova, BTU (AMTECH), ANDRITZ, Forni Industriali Bendotti, Lindberg / MPH, CHE Furnaces, Upton Industries, HKFurnace, Lanly, CM Furnaces, Mellen, Aswathi Industries Limited, Heat Shield Technologies, Shandong Wanfang Kiln, Shijiazhuang Pengyuan Automation.
The continuous 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 Continuous 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 Continuous Furnaces Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Continuous 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 Continuous 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 Continuous Furnaces Market Size & Forecast, 2018-2028
4.5.1 Continuous Furnaces Market Size and Y-o-Y Growth
4.5.2 Continuous Furnaces Market Absolute $ Opportunity
Chapter 5 Global Continuous Furnaces 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 Continuous Furnaces Market Size Forecast by Type
5.2.1 Pusher furnaces
5.2.2 Roller hearth furnaces
5.2.3 Rotary hearth furnaces
5.2.4 Walking beam furnaces
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Continuous Furnaces 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 Continuous Furnaces Market Size Forecast by Applications
6.2.1 Automobile Industry
6.2.2 Metallurgical Industry
6.2.3 Aerospace Industry
6.2.4 Electrical
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Continuous 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 Continuous 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 Continuous Furnaces Analysis and Forecast
9.1 Introduction
9.2 North America Continuous Furnaces 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 Continuous Furnaces Market Size Forecast by Type
9.6.1 Pusher furnaces
9.6.2 Roller hearth furnaces
9.6.3 Rotary hearth furnaces
9.6.4 Walking beam furnaces
9.6.5 Others
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 Continuous Furnaces Market Size Forecast by Applications
9.10.1 Automobile Industry
9.10.2 Metallurgical Industry
9.10.3 Aerospace Industry
9.10.4 Electrical
9.10.5 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 Continuous Furnaces Analysis and Forecast
10.1 Introduction
10.2 Europe Continuous Furnaces 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 Continuous Furnaces Market Size Forecast by Type
10.6.1 Pusher furnaces
10.6.2 Roller hearth furnaces
10.6.3 Rotary hearth furnaces
10.6.4 Walking beam furnaces
10.6.5 Others
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 Continuous Furnaces Market Size Forecast by Applications
10.10.1 Automobile Industry
10.10.2 Metallurgical Industry
10.10.3 Aerospace Industry
10.10.4 Electrical
10.10.5 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 Continuous Furnaces Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Continuous Furnaces 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 Continuous Furnaces Market Size Forecast by Type
11.6.1 Pusher furnaces
11.6.2 Roller hearth furnaces
11.6.3 Rotary hearth furnaces
11.6.4 Walking beam furnaces
11.6.5 Others
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 Continuous Furnaces Market Size Forecast by Applications
11.10.1 Automobile Industry
11.10.2 Metallurgical Industry
11.10.3 Aerospace Industry
11.10.4 Electrical
11.10.5 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 Continuous Furnaces Analysis and Forecast
12.1 Introduction
12.2 Latin America Continuous Furnaces 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 Continuous Furnaces Market Size Forecast by Type
12.6.1 Pusher furnaces
12.6.2 Roller hearth furnaces
12.6.3 Rotary hearth furnaces
12.6.4 Walking beam furnaces
12.6.5 Others
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 Continuous Furnaces Market Size Forecast by Applications
12.10.1 Automobile Industry
12.10.2 Metallurgical Industry
12.10.3 Aerospace Industry
12.10.4 Electrical
12.10.5 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) Continuous Furnaces Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Continuous Furnaces 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) Continuous Furnaces Market Size Forecast by Type
13.6.1 Pusher furnaces
13.6.2 Roller hearth furnaces
13.6.3 Rotary hearth furnaces
13.6.4 Walking beam furnaces
13.6.5 Others
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) Continuous Furnaces Market Size Forecast by Applications
13.10.1 Automobile Industry
13.10.2 Metallurgical Industry
13.10.3 Aerospace Industry
13.10.4 Electrical
13.10.5 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 Continuous Furnaces Market: Competitive Dashboard
14.2 Global Continuous Furnaces Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CEC
14.3.2 Nutec Bickley
14.3.3 HTF (Therma-Tron-X)
14.3.4 Kleenair
14.3.5 BeaverMatic
14.3.6 Wellman Furnaces
14.3.7 Ingener Furnaces
14.3.8 Seco/Warwick
14.3.9 CAN-ENG
14.3.10 Cieffe
14.3.11 CEC
14.3.12 Tenova
14.3.13 BTU (AMTECH)
14.3.14 ANDRITZ
14.3.15 Forni Industriali Bendotti
14.3.16 Lindberg / MPH
14.3.17 CHE Furnaces
14.3.18 Upton Industries
14.3.19 HKFurnace
14.3.20 Lanly
14.3.21 CM Furnaces
14.3.22 Mellen
14.3.23 Aswathi Industries Limited
14.3.24 Heat Shield Technologies
14.3.25 Shandong Wanfang Kiln
14.3.26 Shijiazhuang Pengyuan Automation
