Market Overview:
The global high temperature muffle furnaces market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high temperature muffle furnaces from various end-use industries, such as industrial processes, pharmaceutical industry, chemical industry, and others. In addition, the growing demand for energy-efficient and environment-friendly heating solutions is also propelling the growth of this market.
Product Definition:
High Temperature Muffle Furnaces are furnaces used to heat objects or materials to a high temperature. The importance of High Temperature Muffle Furnaces is that they provide a consistent and reliable way to heat objects or materials to a high temperature.
> 1000℃:
The International Organization for Standardization (ISO) has established a standard temperature of 1000°C as the upper limit for tungsten carbide melting in high-temperature muffle furnaces. The purpose is to control the emission of toxic gases such as carbon monoxide and carbon dioxide, which are formed when tungsten is heated above 1000°C.
> 1200℃:
The temperature range between 1000-1200℃ is considered as the standard operating range for high temperature muffle furnaces. These furnaces are used to heat materials such as iron and steel, which can be recycled after the process. The material to be heated is placed in a chamber that has no or little air space and covered with sand or other inert material. The heat source is generally a charcoal fire, but electric heating elements are also used in some cases.
Application Insights:
The industrial processes segment dominated the global high temperature muffle furnaces market in 2017, accounting for over 45.0% share of the overall revenue. The segment is expected to witness significant growth on account of rising demand from various industries such as oil & gas, pharmaceuticals, chemical and others for process heating.
The pharmaceutical industry is one of the rapidly growing industries globally due to technological advancements coupled with increased healthcare spending by governments across countries including China India and U.S., which has resulted in increased R&D activities within companies especially those involved in drug discovery and development which are majorly based outside North America Europe Asia Pacific Latin America Middle East & Africa.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing investments in industrial development and expansion of end-use industries, such as pharmaceuticals, chemicals and metal processing. In addition, rising demand for high temperature muffle furnaces from various end-use industries in emerging economies of Asia Pacific is anticipated to drive the regional market growth during the forecast period.
The European region accounted for a significant share in 2016 owing to early adoption of technologies across several metallurgy and mining sectors. However, sluggish economic growth post crisis coupled with stringent environmental regulations are likely to hinder industry expansion over next eight years.
Growth Factors:
- Increasing demand for high temperature muffle furnaces from the automotive and aerospace industries for heat treatment and tempering applications.
- Growing demand for high temperature muffle furnaces in the medical device industry to produce implantable medical devices.
- Rising adoption of high temperature muffle furnaces in the research and development sector for testing and analyzing new materials at elevated temperatures.
- Increasing use of high temperature muffle furnaces in metal processing industries to achieve better quality products through heat treatment processes such as annealing, quenching, and tempering.
Scope Of The Report
Report Attributes
Report Details
Report Title
High Temperature Muffle Furnaces Market Research Report
By Type
> 1000℃, > 1200℃, > 1500℃, Other
By Application
Industrial Processes, Pharmaceutical Industry, Chemical, Other
By Companies
Ceradel Industries, Codere, EISENMANN, Nabertherm, Koyo Thermos Systems, Topcast, Carbolite Gero, Thomas Scientific, Borel Switzerland, Sentro Tech, CM Furnaces, Yatherm Scientific, Gilson
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
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global High Temperature Muffle Furnaces Market Report Segments:
The global High Temperature Muffle Furnaces market is segmented on the basis of:
Types
> 1000℃, > 1200℃, > 1500℃, Other
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
Industrial Processes, Pharmaceutical Industry, Chemical, Other
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:
- Ceradel Industries
- Codere
- EISENMANN
- Nabertherm
- Koyo Thermos Systems
- Topcast
- Carbolite Gero
- Thomas Scientific
- Borel Switzerland
- Sentro Tech
- CM Furnaces
- Yatherm Scientific
- Gilson
Highlights of The High Temperature Muffle 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:
- > 1000℃
- > 1200℃
- > 1500℃
- Other
- By Application:
- Industrial Processes
- Pharmaceutical Industry
- Chemical
- Other
- 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 High Temperature Muffle 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
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- Consumer Insights
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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?
High Temperature Muffle Furnaces are used to produce high temperature materials, such as cast iron and steel. They use a process called quenching to temper the metal so it is ready for use.
Some of the major companies in the high temperature muffle furnaces market are Ceradel Industries, Codere, EISENMANN, Nabertherm, Koyo Thermos Systems, Topcast, Carbolite Gero, Thomas Scientific, Borel Switzerland, Sentro Tech, CM Furnaces, Yatherm Scientific, Gilson.
The high temperature muffle furnaces 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 High Temperature Muffle 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 High Temperature Muffle Furnaces Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Temperature Muffle 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 High Temperature Muffle 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 High Temperature Muffle Furnaces Market Size & Forecast, 2018-2028
4.5.1 High Temperature Muffle Furnaces Market Size and Y-o-Y Growth
4.5.2 High Temperature Muffle Furnaces Market Absolute $ Opportunity
Chapter 5 Global High Temperature Muffle 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 High Temperature Muffle Furnaces Market Size Forecast by Type
5.2.1 > 1000℃
5.2.2 > 1200℃
5.2.3 > 1500℃
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Temperature Muffle 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 High Temperature Muffle Furnaces Market Size Forecast by Applications
6.2.1 Industrial Processes
6.2.2 Pharmaceutical Industry
6.2.3 Chemical
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Temperature Muffle 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 High Temperature Muffle 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 High Temperature Muffle Furnaces Analysis and Forecast
9.1 Introduction
9.2 North America High Temperature Muffle 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 High Temperature Muffle Furnaces Market Size Forecast by Type
9.6.1 > 1000℃
9.6.2 > 1200℃
9.6.3 > 1500℃
9.6.4 Other
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 High Temperature Muffle Furnaces Market Size Forecast by Applications
9.10.1 Industrial Processes
9.10.2 Pharmaceutical Industry
9.10.3 Chemical
9.10.4 Other
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 High Temperature Muffle Furnaces Analysis and Forecast
10.1 Introduction
10.2 Europe High Temperature Muffle 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 High Temperature Muffle Furnaces Market Size Forecast by Type
10.6.1 > 1000℃
10.6.2 > 1200℃
10.6.3 > 1500℃
10.6.4 Other
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 High Temperature Muffle Furnaces Market Size Forecast by Applications
10.10.1 Industrial Processes
10.10.2 Pharmaceutical Industry
10.10.3 Chemical
10.10.4 Other
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 High Temperature Muffle Furnaces Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Temperature Muffle 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 High Temperature Muffle Furnaces Market Size Forecast by Type
11.6.1 > 1000℃
11.6.2 > 1200℃
11.6.3 > 1500℃
11.6.4 Other
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 High Temperature Muffle Furnaces Market Size Forecast by Applications
11.10.1 Industrial Processes
11.10.2 Pharmaceutical Industry
11.10.3 Chemical
11.10.4 Other
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 High Temperature Muffle Furnaces Analysis and Forecast
12.1 Introduction
12.2 Latin America High Temperature Muffle 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 High Temperature Muffle Furnaces Market Size Forecast by Type
12.6.1 > 1000℃
12.6.2 > 1200℃
12.6.3 > 1500℃
12.6.4 Other
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 High Temperature Muffle Furnaces Market Size Forecast by Applications
12.10.1 Industrial Processes
12.10.2 Pharmaceutical Industry
12.10.3 Chemical
12.10.4 Other
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) High Temperature Muffle Furnaces Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Temperature Muffle 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) High Temperature Muffle Furnaces Market Size Forecast by Type
13.6.1 > 1000℃
13.6.2 > 1200℃
13.6.3 > 1500℃
13.6.4 Other
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) High Temperature Muffle Furnaces Market Size Forecast by Applications
13.10.1 Industrial Processes
13.10.2 Pharmaceutical Industry
13.10.3 Chemical
13.10.4 Other
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 High Temperature Muffle Furnaces Market: Competitive Dashboard
14.2 Global High Temperature Muffle Furnaces Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ceradel Industries
14.3.2 Codere
14.3.3 EISENMANN
14.3.4 Nabertherm
14.3.5 Koyo Thermos Systems
14.3.6 Topcast
14.3.7 Carbolite Gero
14.3.8 Thomas Scientific
14.3.9 Borel Switzerland
14.3.10 Sentro Tech
14.3.11 CM Furnaces
14.3.12 Yatherm Scientific
14.3.13 Gilson
