Market Overview:
The global heating coil for heat treatment market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The metal heating element segment is expected to account for a major share of the global market in terms of value, while the non-metallic heating element segment is anticipated to register high growth rates during the forecast period. In terms of application, annealing held the dominant share in 2017 and is projected to maintain its lead throughout the forecast period. However, case hardening is expected to exhibit highest CAGR over 2018-2030 owing to increasing demand from automotive and aerospace industries across regions. Regionally, North America accounted for majority share of global heating coil for heat treatment market in 2017 and this trend is projected continue throughout the forecast period.
Product Definition:
A heating coil is a device used to heat an object or material. The importance of a heating coil for heat treatment is that it provides a consistent and reliable source of heat to the object being treated. This allows for even heat distribution and consistent results.
Metal Heating Element:
Metal heating element is used in the heat treatment process to provide temperature control for steel products. The heating elements are made up of different materials such as cast iron, nickel, aluminum and copper alloys. These materials have different properties which can be modified by processing techniques such as annealing and normalizing etc. The most commonly used metal in these applications is aluminum since it has a high melting point compared to other metals making it suitable for use at elevated temperatures.
Non-metallic Heating Element:
Non-metallic heating elements are used in heat treatment for metals. These non-metallic heating elements are made of ceramic, carbon or similar materials that do not conduct heat. The most commonly used non metallic element is air which is why it is also known as thermal vacuum thermostat.
Application Insights:
The application segment includes annealing, case hardening, precipitation strengthening, tempering and carburizing. An annealing process is used to soften the hardness of a metal by increasing its temperature. Case hardening involves heating the component to increase its strength in order to reduce wear & tear of components during friction or impact between two surfaces. Precipitation strengthening is used to strengthen a component so that it can resist stress caused by high temperatures without undergoing any significant change in dimensions.
Tempering uses low-temperature heat treatment processes for steel and other related alloys which are employed for manufacturing various components including gears, shafts & motorsports bearings as well as fasteners etc. Carburizing process involves heating up Components such as gear tooth profiles and hardened wearing parts of machinery& equipment blades etc.
Regional Analysis:
Asia Pacific dominated the global heating coil for heat treatment market in 2016 and is expected to continue its dominance over the forecast period. The presence of a large number of manufacturers coupled with increasing demand from end-use industries such as aerospace, automotive, industrial machinery is anticipated to drive growth. In addition, rising investments by governments in developing countries are expected to create numerous opportunities for industry players over the next eight years.
The European region accounted for a significant share owing to high demand from several major end-use industries such as aerospace and defense coupled with government initiatives undertaken towards innovation through research activities at universities and institutes. North America region also held a considerable share due to growing use of heating equipment in various applications including annealing, case hardening, precipitation strengthening etc., especially where low temperatures are required e.g.
Growth Factors:
- Increasing demand for heat treatment in various end-use industries such as automotive, aerospace, and defense to improve the quality of products.
- Growing popularity of induction heating as a replacement for traditional heating methods in various end-use industries.
- Rising demand for energy-efficient and high-performance heating coils in the global market.
- Technological advancements in the design and manufacturing of heating coils that offer improved performance and efficiency.
Scope Of The Report
Report Attributes
Report Details
Report Title
Heating Coil for Heat Treatment Market Research Report
By Type
Metal Heating Element, Non-metallic Heating Element
By Application
Annealing, Case Hardening, Precipitation Strengthening, Tempering, Carburizing, Others
By Companies
Kanthal, Lindberg / MPH, Lucifer Furnaces, Industrial Furnace Interiors, Sandvik Materials Technology, ZI Heating Element Technologies, Escorts Limited, Kawai Electric Ltd., Watlow Electric Manufacturing, WATTCO, Tutco, Rama Corp, Marathon Heater, SHANGHAI MINKVON INDUSTRY, Backer Hotwatt
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 Heating Coil for Heat Treatment Market Report Segments:
The global Heating Coil for Heat Treatment market is segmented on the basis of:
Types
Metal Heating Element, Non-metallic Heating Element
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
Annealing, Case Hardening, Precipitation Strengthening, Tempering, Carburizing, 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:
- Kanthal
- Lindberg / MPH
- Lucifer Furnaces
- Industrial Furnace Interiors
- Sandvik Materials Technology
- ZI Heating Element Technologies
- Escorts Limited
- Kawai Electric Ltd.
- Watlow Electric Manufacturing
- WATTCO
- Tutco
- Rama Corp
- Marathon Heater
- SHANGHAI MINKVON INDUSTRY
- Backer Hotwatt
Highlights of The Heating Coil for Heat Treatment 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:
- Metal Heating Element
- Non-metallic Heating Element
- By Application:
- Annealing
- Case Hardening
- Precipitation Strengthening
- Tempering
- Carburizing
- 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 Heating Coil for Heat Treatment 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
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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 heating coil is a device that uses electricity to heat up metal. Heating coils are used in industrial processes such as welding, brazing, and soldering.
Some of the major players in the heating coil for heat treatment market are Kanthal, Lindberg / MPH, Lucifer Furnaces, Industrial Furnace Interiors, Sandvik Materials Technology, ZI Heating Element Technologies, Escorts Limited, Kawai Electric Ltd., Watlow Electric Manufacturing, WATTCO, Tutco, Rama Corp, Marathon Heater, SHANGHAI MINKVON INDUSTRY, Backer Hotwatt.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Heating Coil for Heat Treatment 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 Heating Coil for Heat Treatment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Heating Coil for Heat Treatment 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 Heating Coil for Heat Treatment 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 Heating Coil for Heat Treatment Market Size & Forecast, 2018-2028
4.5.1 Heating Coil for Heat Treatment Market Size and Y-o-Y Growth
4.5.2 Heating Coil for Heat Treatment Market Absolute $ Opportunity
Chapter 5 Global Heating Coil for Heat Treatment 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 Heating Coil for Heat Treatment Market Size Forecast by Type
5.2.1 Metal Heating Element
5.2.2 Non-metallic Heating Element
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Heating Coil for Heat Treatment 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 Heating Coil for Heat Treatment Market Size Forecast by Applications
6.2.1 Annealing
6.2.2 Case Hardening
6.2.3 Precipitation Strengthening
6.2.4 Tempering
6.2.5 Carburizing
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Heating Coil for Heat Treatment 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 Heating Coil for Heat Treatment 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 Heating Coil for Heat Treatment Analysis and Forecast
9.1 Introduction
9.2 North America Heating Coil for Heat Treatment 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 Heating Coil for Heat Treatment Market Size Forecast by Type
9.6.1 Metal Heating Element
9.6.2 Non-metallic Heating Element
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 Heating Coil for Heat Treatment Market Size Forecast by Applications
9.10.1 Annealing
9.10.2 Case Hardening
9.10.3 Precipitation Strengthening
9.10.4 Tempering
9.10.5 Carburizing
9.10.6 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 Heating Coil for Heat Treatment Analysis and Forecast
10.1 Introduction
10.2 Europe Heating Coil for Heat Treatment 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 Heating Coil for Heat Treatment Market Size Forecast by Type
10.6.1 Metal Heating Element
10.6.2 Non-metallic Heating Element
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 Heating Coil for Heat Treatment Market Size Forecast by Applications
10.10.1 Annealing
10.10.2 Case Hardening
10.10.3 Precipitation Strengthening
10.10.4 Tempering
10.10.5 Carburizing
10.10.6 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 Heating Coil for Heat Treatment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Heating Coil for Heat Treatment 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 Heating Coil for Heat Treatment Market Size Forecast by Type
11.6.1 Metal Heating Element
11.6.2 Non-metallic Heating Element
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 Heating Coil for Heat Treatment Market Size Forecast by Applications
11.10.1 Annealing
11.10.2 Case Hardening
11.10.3 Precipitation Strengthening
11.10.4 Tempering
11.10.5 Carburizing
11.10.6 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 Heating Coil for Heat Treatment Analysis and Forecast
12.1 Introduction
12.2 Latin America Heating Coil for Heat Treatment 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 Heating Coil for Heat Treatment Market Size Forecast by Type
12.6.1 Metal Heating Element
12.6.2 Non-metallic Heating Element
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 Heating Coil for Heat Treatment Market Size Forecast by Applications
12.10.1 Annealing
12.10.2 Case Hardening
12.10.3 Precipitation Strengthening
12.10.4 Tempering
12.10.5 Carburizing
12.10.6 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) Heating Coil for Heat Treatment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Heating Coil for Heat Treatment 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) Heating Coil for Heat Treatment Market Size Forecast by Type
13.6.1 Metal Heating Element
13.6.2 Non-metallic Heating Element
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) Heating Coil for Heat Treatment Market Size Forecast by Applications
13.10.1 Annealing
13.10.2 Case Hardening
13.10.3 Precipitation Strengthening
13.10.4 Tempering
13.10.5 Carburizing
13.10.6 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 Heating Coil for Heat Treatment Market: Competitive Dashboard
14.2 Global Heating Coil for Heat Treatment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kanthal
14.3.2 Lindberg / MPH
14.3.3 Lucifer Furnaces
14.3.4 Industrial Furnace Interiors
14.3.5 Sandvik Materials Technology
14.3.6 ZI Heating Element Technologies
14.3.7 Escorts Limited
14.3.8 Kawai Electric Ltd.
14.3.9 Watlow Electric Manufacturing
14.3.10 WATTCO
14.3.11 Tutco
14.3.12 Rama Corp
14.3.13 Marathon Heater
14.3.14 SHANGHAI MINKVON INDUSTRY
14.3.15 Backer Hotwatt
