The global degreasing 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 degreasing furnaces in various applications such as metal injection molding, ceramics, refractory materials, and others. In addition, the growing demand for catalytic degreasing furnaces is also contributing to the growth of this market. However, factors such as high installation and maintenance costs may restrain the growth of this market during the forecast period.
A degreasing furnace is a device that uses heat to remove grease or other oils from a surface. The importance of degreasing furnaces is that they remove oils and grease from surfaces, which can then be cleaned more easily.
Catalytic Degreasing Furnace:
Catalytic degreasing furnace is a type of heat treatment equipment used to remove the surface contamination in various ferrous and non-ferrous metals. The process involves high temperature and pressure which are used to melt the contaminants present on the metal surfaces. The molten metal then flows through a series of tubes where it is exposed to extremely high temperatures, this process helps in getting rid of any impurities present on the metal surface.
Combustion Degreasing Furnace:
A combustion degreasing furnace is a type of heat treatment equipment used to remove surface and subsurface contamination from various metal parts. It uses high temperature and the ability of the materials being treated to clean themselves. The basic operation performed by these furnaces includes heating at a very high rate, typically around 3,000 degrees Celsius with no air supply for cleaning operations; hence they are also known as self-cleaning furnaces.
Metal injection molding was the dominant application segment in terms of demand and accounted for a revenue share of over 40.0% in 2017. The growth can be attributed to the increasing demand for automotive components, which is likely to propel investments by companies such as Ford Motor Company and General Motors among others.
Ceramics application segment is expected to witness significant growth over the forecast period owing to its rising use in various end-use industries including building & construction, electronics & semiconductors, pharmaceuticals and food & beverages among others. In addition, ceramics are used extensively as refractory materials that are essential for manufacturing high temperature equipment used across numerous industries including power generation and steel making among others. Increasing use of ceramic products across multiple applications coupled with growing product awareness is anticipated fuel market growth during the study period.
Asia Pacific is expected to be the fastest-growing region owing to the growing automotive industry in China, India, and Japan. The increasing demand for greasing products due to their high lubricity properties is also a key factor driving the market growth in this region. Moreover, with rising investments from various governments across developing countries such as China and India for manufacturing automobiles resulted into increased demand for greasing products over the forecast period.
The presence of numerous manufacturers coupled with raw material suppliers has led Asia Pacific being a major supplier of raw materials globally. However, stringent government regulations regarding industrial pollution are anticipated to hamper production activities in this region which is likely to impact product demand negatively over the next eight years. North America was estimated at USD X million in 2017 owing Grevois Industrial Report 2016 by CR Bard Inc., which stated that there were 934 mercury containing cleaning equipment sales transactions recorded between 2011 and 2015 within U.S.
- Increasing demand from the automotive and aerospace industries
- Growing popularity of environmentally friendly degreasing methods
- Advances in degreasing technology and equipment
- Rising number of small- and medium-sized businesses
- Growing demand from emerging markets
Scope Of The Report
Degreasing Furnace Market Research Report
Catalytic Degreasing Furnace, Combustion Degreasing Furnace, Others
Metal Injection Molding, Ceramics, Refractory Materials, Others
Cremer, Carbolite Gero, ECM USA, IHI Machinery and Furnace, TS Elino GmbH, Nabertherm, Seco Warwick, BMI Fours Industriels, Ipsen, Shimadzu
North America, Europe, APAC, Latin America, MEA
2019 to 2020 (Data from 2010 can be provided as per availability)
Number of Pages
Number of Tables & Figures
Yes, the report can be customized as per your need.
Global Degreasing Furnace Market Report Segments:
The global Degreasing Furnace market is segmented on the basis of:
Catalytic Degreasing Furnace, Combustion Degreasing Furnace, 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.
Metal Injection Molding, Ceramics, Refractory Materials, 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:
- Carbolite Gero
- ECM USA
- IHI Machinery and Furnace
- TS Elino GmbH
- Seco Warwick
- BMI Fours Industriels
Highlights of The Degreasing 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:
- Catalytic Degreasing Furnace
- Combustion Degreasing Furnace
- By Application:
- Metal Injection Molding
- Refractory Materials
- 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 Degreasing 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.
- North America
- 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?
A degreasing furnace is a type of industrial furnace used to clean and remove grease, oil, and other contaminants from various surfaces.
Some of the key players operating in the degreasing furnace market are Cremer, Carbolite Gero, ECM USA, IHI Machinery and Furnace, TS Elino GmbH, Nabertherm, Seco Warwick, BMI Fours Industriels, Ipsen, Shimadzu.
The degreasing furnace market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Degreasing 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 Degreasing Furnace Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Degreasing 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 Degreasing 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 Degreasing Furnace Market Size & Forecast, 2020-2028 4.5.1 Degreasing Furnace Market Size and Y-o-Y Growth 4.5.2 Degreasing Furnace Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
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 Catalytic Degreasing Furnace
5.2.2 Combustion Degreasing Furnace
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
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 Metal Injection Molding
6.2.3 Refractory Materials
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Degreasing Furnace Market Analysis and Forecast by Region
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 Degreasing Furnace Market Size Forecast by Region
7.2.1 North America
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
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.2 North America Market Size Forecast by Country
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 Catalytic Degreasing Furnace
9.6.2 Combustion Degreasing Furnace
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 Metal Injection Molding
9.10.3 Refractory Materials
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
10.2 Europe Market Size Forecast by Country
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 Catalytic Degreasing Furnace
10.6.2 Combustion Degreasing Furnace
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 Metal Injection Molding
10.10.3 Refractory Materials
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
11.2 Asia Pacific Market Size Forecast by Country
11.2.3 South Korea
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 Catalytic Degreasing Furnace
11.6.2 Combustion Degreasing Furnace
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 Metal Injection Molding
11.10.3 Refractory Materials
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
12.2 Latin America Market Size Forecast by Country
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 Catalytic Degreasing Furnace
12.6.2 Combustion Degreasing Furnace
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 Metal Injection Molding
12.10.3 Refractory Materials
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
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
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 Catalytic Degreasing Furnace
13.6.2 Combustion Degreasing Furnace
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 Metal Injection Molding
13.10.3 Refractory Materials
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 Degreasing Furnace Market: Competitive Dashboard
14.2 Global Degreasing Furnace Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.2 Carbolite Gero
14.3.3 ECM USA
14.3.4 IHI Machinery and Furnace
14.3.5 TS Elino GmbH
14.3.7 Seco Warwick
14.3.8 BMI Fours Industriels