Market Overview:
The global laboratory ashing 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 laboratory ashing furnaces from research institutes, universities, and private institutions for analytical purposes. In addition, the growing demand for incinerators in pharmaceutical and biotechnology industries is also propelling the growth of this market. Based on type, the global laboratory ashing furnace market can be segmented into under 10 litres, 10-20 litres, 20-30 litres, 30-40 litres and above 40 liters. The under 10 liters segment is projected to grow at a higher CAGR during the forecast period owing to its low price and easy portability. By application, government and research institutes are expected to account for a major share of this market during the forecast period followed by universities and private institutions.
Product Definition:
A laboratory ashing furnace is a device used to heat objects until they are reduced to ashes. The importance of a laboratory ashing furnace is that it allows scientists and researchers to study the remains of objects in order to learn more about them.
Uder 10 Litres:
The Uder (Underwriters Laboratories) 10 liters is a standard Furnace temperature, widely used in glassware and ceramics manufacturing. It has the ability to withstand temperatures up to 1,100°C or 617°F.
It is also known as the UL-1037 or USGI-1037 and can be used with gas/fuel types including natural gas, propane, fuel oil and others.
10-20 Litres:
The 10-20 liters is the capacity of Ashing Furnace. It is used to melt and burn the waste products in laboratories. The furnace has a capacity between 0 - 20 liters, which can be customized according to laboratory requirements.
Application Insights:
The government and research institute application segment led the market in 2017. This can be attributed to growing usage of glass for making windows in laboratories, which results in high energy consumption for heat removal. As a result, lab managers are opting for ASHING furnace as it reduces the amount of waste produced by conventional furnaces.
The use of laboratory ashing furnaces has increased at universities and private institutions over the past few years owing to their ability to reduce wastage caused during experiments without affecting surrounding objects such as culture bottles or test-tubes. Moreover, these types of equipment are easy to maintain and operate due to features such as auto-ignition control system that prevents fire accidents from occurring while cleaning or refractory repair work is being carried out on them. These factors have resulted in increasing demand at educational institutes across the globe over recent years.
Regional Analysis:
North America dominated the global market in 2017 owing to the increasing research activities by government and private institutes. In addition, growing number of clinical trials conducted in this region is anticipated to fuel the product demand. The U.S., being a developed nation, has a well-established healthcare infrastructure; thus it attracts many pharmaceutical and biotechnology companies for conducting clinical trials.
Asia Pacific laboratory ashing furnace market is likely to witness lucrative growth during the forecast period due to rising awareness about radiation safety in emerging economies such as China and India after Japan’s nuclear disaster in 2011 led by radioactive material called cesium isotope 134.-Cesium 137 spread across most of Japan's northern mainland, including Tokyo (the capital city), had contaminated almost every aspect of life including food & water supply, air pollution caused lung cancer among others leading up till today.
Growth Factors:
- Increasing demand for ash from various end-use industries
- Growing research and development activities for the production of advanced ash products
- Rising investments by key players in expanding their manufacturing capacities
- Proliferation of incineration technologies across various sectors
- Growing awareness about the benefits of using ash in various applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Laboratory Ashing Furnace Market Research Report
By Type
Uder 10 Litres, 10-20 Litres, 20-30 Litres, 30-40 Litres, Above 40 Litres
By Application
Government and Research Institute, Universities and Private Institution, Others
By Companies
Nabertherm, Carbolite Gero, Sentro Tech, ThermCraft, Thermo Fisher Scientific, Vecstar, Elite Thermal Systems, Bastak Instruments, Brother Furnace, CEM Corporation, Labec, MSE Teknoloji Ltd
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
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Laboratory Ashing Furnace Market Report Segments:
The global Laboratory Ashing Furnace market is segmented on the basis of:
Types
Uder 10 Litres, 10-20 Litres, 20-30 Litres, 30-40 Litres, Above 40 Litres
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
Government and Research Institute, Universities and Private Institution, 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:
- Nabertherm
- Carbolite Gero
- Sentro Tech
- ThermCraft
- Thermo Fisher Scientific
- Vecstar
- Elite Thermal Systems
- Bastak Instruments
- Brother Furnace
- CEM Corporation
- Labec
- MSE Teknoloji Ltd
Highlights of The Laboratory Ashing 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:
- Uder 10 Litres
- 10-20 Litres
- 20-30 Litres
- 30-40 Litres
- Above 40 Litres
- By Application:
- Government and Research Institute
- Universities and Private Institution
- 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 Laboratory Ashing 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.
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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 laboratory ashing furnace is a type of furnace used in laboratories for the purpose of burning materials to produce ash.
Some of the key players operating in the laboratory ashing furnace market are Nabertherm, Carbolite Gero, Sentro Tech, ThermCraft, Thermo Fisher Scientific, Vecstar, Elite Thermal Systems, Bastak Instruments, Brother Furnace, CEM Corporation, Labec, MSE Teknoloji Ltd.
The laboratory ashing 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 Laboratory Ashing 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 Laboratory Ashing Furnace Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laboratory Ashing 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 Laboratory Ashing 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 Laboratory Ashing Furnace Market Size & Forecast, 2018-2028
4.5.1 Laboratory Ashing Furnace Market Size and Y-o-Y Growth
4.5.2 Laboratory Ashing Furnace Market Absolute $ Opportunity
Chapter 5 Global Laboratory Ashing Furnace 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 Laboratory Ashing Furnace Market Size Forecast by Type
5.2.1 Uder 10 Litres
5.2.2 10-20 Litres
5.2.3 20-30 Litres
5.2.4 30-40 Litres
5.2.5 Above 40 Litres
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Laboratory Ashing Furnace 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 Laboratory Ashing Furnace Market Size Forecast by Applications
6.2.1 Government and Research Institute
6.2.2 Universities and Private Institution
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laboratory Ashing Furnace 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 Laboratory Ashing Furnace 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 Laboratory Ashing Furnace Analysis and Forecast
9.1 Introduction
9.2 North America Laboratory Ashing Furnace 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 Laboratory Ashing Furnace Market Size Forecast by Type
9.6.1 Uder 10 Litres
9.6.2 10-20 Litres
9.6.3 20-30 Litres
9.6.4 30-40 Litres
9.6.5 Above 40 Litres
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 Laboratory Ashing Furnace Market Size Forecast by Applications
9.10.1 Government and Research Institute
9.10.2 Universities and Private Institution
9.10.3 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 Laboratory Ashing Furnace Analysis and Forecast
10.1 Introduction
10.2 Europe Laboratory Ashing Furnace 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 Laboratory Ashing Furnace Market Size Forecast by Type
10.6.1 Uder 10 Litres
10.6.2 10-20 Litres
10.6.3 20-30 Litres
10.6.4 30-40 Litres
10.6.5 Above 40 Litres
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 Laboratory Ashing Furnace Market Size Forecast by Applications
10.10.1 Government and Research Institute
10.10.2 Universities and Private Institution
10.10.3 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 Laboratory Ashing Furnace Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Laboratory Ashing Furnace 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 Laboratory Ashing Furnace Market Size Forecast by Type
11.6.1 Uder 10 Litres
11.6.2 10-20 Litres
11.6.3 20-30 Litres
11.6.4 30-40 Litres
11.6.5 Above 40 Litres
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 Laboratory Ashing Furnace Market Size Forecast by Applications
11.10.1 Government and Research Institute
11.10.2 Universities and Private Institution
11.10.3 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 Laboratory Ashing Furnace Analysis and Forecast
12.1 Introduction
12.2 Latin America Laboratory Ashing Furnace 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 Laboratory Ashing Furnace Market Size Forecast by Type
12.6.1 Uder 10 Litres
12.6.2 10-20 Litres
12.6.3 20-30 Litres
12.6.4 30-40 Litres
12.6.5 Above 40 Litres
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 Laboratory Ashing Furnace Market Size Forecast by Applications
12.10.1 Government and Research Institute
12.10.2 Universities and Private Institution
12.10.3 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) Laboratory Ashing Furnace Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Laboratory Ashing Furnace 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) Laboratory Ashing Furnace Market Size Forecast by Type
13.6.1 Uder 10 Litres
13.6.2 10-20 Litres
13.6.3 20-30 Litres
13.6.4 30-40 Litres
13.6.5 Above 40 Litres
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) Laboratory Ashing Furnace Market Size Forecast by Applications
13.10.1 Government and Research Institute
13.10.2 Universities and Private Institution
13.10.3 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 Laboratory Ashing Furnace Market: Competitive Dashboard
14.2 Global Laboratory Ashing Furnace Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nabertherm
14.3.2 Carbolite Gero
14.3.3 Sentro Tech
14.3.4 ThermCraft
14.3.5 Thermo Fisher Scientific
14.3.6 Vecstar
14.3.7 Elite Thermal Systems
14.3.8 Bastak Instruments
14.3.9 Brother Furnace
14.3.10 CEM Corporation
14.3.11 Labec
14.3.12 MSE Teknoloji Ltd
