Market Overview:
The global continuous mesh belt 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 continuous mesh belt furnaces in the metal industry, automotive, mining & minerals, oil & gas and other applications. Asia Pacific is expected to be the fastest growing region during the forecast period followed by Europe and North America.
Product Definition:
A continuous mesh belt furnace is a type of industrial furnace that uses a mesh belt to hold the material being heated. The importance of continuous mesh belt furnaces lies in their ability to heat large quantities of material evenly and quickly. Additionally, they are able to achieve these results while using less energy than traditional furnaces.
Below 500 kgs/hr:
Below 500 kgs/hr, it's usage.
Continuous mesh belt furnaces are used to heat metal for the production of steel. The product is produced in various sizes ranging from 1 ton to 1000 tons. It is widely used by the key players operating in automotive, construction and energy sectors owing to its properties such as low fuel consumption rate, easy handling and portability among others.
500 kgs/hr-1000 kgs/hr:
500 kgs/hr-1000 kgs/hr continuous mesh belt furnaces are used for the production of steel. The product is widely used in various industries such as automotive, construction, consumer goods and electrical & electronics. 500 kgs/hr-1000 kgs/hr furnaces can be utilized to produce both ductile and grey iron products; however, they are majorly employed to manufacture structural steel.
Application Insights:
The metal industry was the largest application segment in 2017 and accounted for a market share of over 35% in terms of revenue. Continuous mesh belt furnaces are widely used to produce seamless steel belts, which are used across various applications including pulp and paper mills, chemical plants, refineries and power plants among others.
Continuous mesh belt furnaces can be integrated with various processes such as slurry feeding process along with the use of rotary kilns that help improve furnace efficiency along with reducing energy consumption by 30%. The integration also helps reduce overall plant costs by 20% while improving productivity at same time.
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 several emerging economies, including China, India, and Japan. Increasing industrialization across these countries coupled with growing demand for continuous mesh belt furnaces from various end-use industries will drive the regional market growth.
Europe was the second largest consumer of continuous mesh belt furnaces owing to high demand from automotive industry for lightweight components production coupled with increasing investments in R&D activities by companies operating in this sector will drive regional product demand.
Growth Factors:
- Increasing demand for Continuous Mesh Belt Furnaces from the automotive and aerospace industries due to the growing need for lightweight and durable components.
- Growing popularity of Continuous Mesh Belt Furnaces in the medical device manufacturing sector due to their ability to produce high-quality products with tight tolerances.
- Rising demand for Continuous Mesh Belt Furnaces in the electronics industry as they are used for heat treatment, annealing, and soldering applications.
- Increasing use of Continuous Mesh Belt Furnaces in research and development laboratories as they offer superior performance over traditional furnaces.
Scope Of The Report
Report Attributes
Report Details
Report Title
Continuous Mesh Belt Furnaces Market Research Report
By Type
Below 500 kgs/hr, 500 kgs/hr-1000 kgs/hr, Over 1000 kgs/hr
By Application
Metal industry, Automotive, Mining & Minerals, Oil & Gas, Others
By Companies
Aichelin Group, Ipsen, SECO/WARWICK, CAN-ENG Furnaces, SOLO Swiss, Lindberg/MPH, Carbolite Gero, Nachi-Fujikoshi, OYO-RO INDUSTRIES, Gasbarre Furnace, Aichelin Group, SUMON Industrial, Sistem Teknik, HighTemp Furnaces, THERELEK, Kohnle, sellacan Industrieofen GmbH, Harper International, Wellman Furnaces, Foshan Rongdongsheng Furnace
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
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Continuous Mesh Belt Furnaces Market Report Segments:
The global Continuous Mesh Belt Furnaces market is segmented on the basis of:
Types
Below 500 kgs/hr, 500 kgs/hr-1000 kgs/hr, Over 1000 kgs/hr
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
Metal industry, Automotive, Mining & Minerals, Oil & Gas, 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:
- Aichelin Group
- Ipsen
- SECO/WARWICK
- CAN-ENG Furnaces
- SOLO Swiss
- Lindberg/MPH
- Carbolite Gero
- Nachi-Fujikoshi
- OYO-RO INDUSTRIES
- Gasbarre Furnace
- Aichelin Group
- SUMON Industrial
- Sistem Teknik
- HighTemp Furnaces
- THERELEK
- Kohnle
- sellacan Industrieofen GmbH
- Harper International
- Wellman Furnaces
- Foshan Rongdongsheng Furnace
Highlights of The Continuous Mesh Belt 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:
- Below 500 kgs/hr
- 500 kgs/hr-1000 kgs/hr
- Over 1000 kgs/hr
- By Application:
- Metal industry
- Automotive
- Mining & Minerals
- Oil & Gas
- 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 Mesh Belt 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 mesh belt furnaces are a type of furnace that uses a continuous metal belt to heat up the material. This type of furnace is often used in the manufacturing industry because it is efficient and easy to use.
Some of the major players in the continuous mesh belt furnaces market are Aichelin Group, Ipsen, SECO/WARWICK, CAN-ENG Furnaces, SOLO Swiss, Lindberg/MPH, Carbolite Gero, Nachi-Fujikoshi, OYO-RO INDUSTRIES, Gasbarre Furnace, Aichelin Group, SUMON Industrial, Sistem Teknik, HighTemp Furnaces, THERELEK, Kohnle, sellacan Industrieofen GmbH, Harper International, Wellman Furnaces, Foshan Rongdongsheng Furnace.
The continuous mesh belt 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 Mesh Belt 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 Mesh Belt Furnaces Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Continuous Mesh Belt 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 Mesh Belt 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 Mesh Belt Furnaces Market Size & Forecast, 2018-2028
4.5.1 Continuous Mesh Belt Furnaces Market Size and Y-o-Y Growth
4.5.2 Continuous Mesh Belt Furnaces Market Absolute $ Opportunity
Chapter 5 Global Continuous Mesh Belt 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 Mesh Belt Furnaces Market Size Forecast by Type
5.2.1 Below 500 kgs/hr
5.2.2 500 kgs/hr-1000 kgs/hr
5.2.3 Over 1000 kgs/hr
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Continuous Mesh Belt 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 Mesh Belt Furnaces Market Size Forecast by Applications
6.2.1 Metal industry
6.2.2 Automotive
6.2.3 Mining & Minerals
6.2.4 Oil & Gas
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Continuous Mesh Belt 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 Mesh Belt 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 Mesh Belt Furnaces Analysis and Forecast
9.1 Introduction
9.2 North America Continuous Mesh Belt 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 Mesh Belt Furnaces Market Size Forecast by Type
9.6.1 Below 500 kgs/hr
9.6.2 500 kgs/hr-1000 kgs/hr
9.6.3 Over 1000 kgs/hr
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 Mesh Belt Furnaces Market Size Forecast by Applications
9.10.1 Metal industry
9.10.2 Automotive
9.10.3 Mining & Minerals
9.10.4 Oil & Gas
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 Mesh Belt Furnaces Analysis and Forecast
10.1 Introduction
10.2 Europe Continuous Mesh Belt 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 Mesh Belt Furnaces Market Size Forecast by Type
10.6.1 Below 500 kgs/hr
10.6.2 500 kgs/hr-1000 kgs/hr
10.6.3 Over 1000 kgs/hr
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 Mesh Belt Furnaces Market Size Forecast by Applications
10.10.1 Metal industry
10.10.2 Automotive
10.10.3 Mining & Minerals
10.10.4 Oil & Gas
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 Mesh Belt Furnaces Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Continuous Mesh Belt 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 Mesh Belt Furnaces Market Size Forecast by Type
11.6.1 Below 500 kgs/hr
11.6.2 500 kgs/hr-1000 kgs/hr
11.6.3 Over 1000 kgs/hr
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 Mesh Belt Furnaces Market Size Forecast by Applications
11.10.1 Metal industry
11.10.2 Automotive
11.10.3 Mining & Minerals
11.10.4 Oil & Gas
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 Mesh Belt Furnaces Analysis and Forecast
12.1 Introduction
12.2 Latin America Continuous Mesh Belt 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 Mesh Belt Furnaces Market Size Forecast by Type
12.6.1 Below 500 kgs/hr
12.6.2 500 kgs/hr-1000 kgs/hr
12.6.3 Over 1000 kgs/hr
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 Mesh Belt Furnaces Market Size Forecast by Applications
12.10.1 Metal industry
12.10.2 Automotive
12.10.3 Mining & Minerals
12.10.4 Oil & Gas
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 Mesh Belt Furnaces Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Continuous Mesh Belt 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 Mesh Belt Furnaces Market Size Forecast by Type
13.6.1 Below 500 kgs/hr
13.6.2 500 kgs/hr-1000 kgs/hr
13.6.3 Over 1000 kgs/hr
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 Mesh Belt Furnaces Market Size Forecast by Applications
13.10.1 Metal industry
13.10.2 Automotive
13.10.3 Mining & Minerals
13.10.4 Oil & Gas
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 Mesh Belt Furnaces Market: Competitive Dashboard
14.2 Global Continuous Mesh Belt Furnaces Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aichelin Group
14.3.2 Ipsen
14.3.3 SECO/WARWICK
14.3.4 CAN-ENG Furnaces
14.3.5 SOLO Swiss
14.3.6 Lindberg/MPH
14.3.7 Carbolite Gero
14.3.8 Nachi-Fujikoshi
14.3.9 OYO-RO INDUSTRIES
14.3.10 Gasbarre Furnace
14.3.11 Aichelin Group
14.3.12 SUMON Industrial
14.3.13 Sistem Teknik
14.3.14 HighTemp Furnaces
14.3.15 THERELEK
14.3.16 Kohnle
14.3.17 sellacan Industrieofen GmbH
14.3.18 Harper International
14.3.19 Wellman Furnaces
14.3.20 Foshan Rongdongsheng Furnace
