Market Overview:
The global low pressure vacuum carburizing furnaces market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for carburized parts and components in automotive and tool & die applications. In terms of type, the single chamber carburizing furnaces segment is expected to lead the market during the forecast period, followed by double chamber and multi chamber carburizing furnaces segments. The automotive application segment is expected to lead the global low pressure vacuum carburizing furnaces market during the forecast period, followed by tool & die application segment.
Product Definition:
A Low Pressure Vacuum Carburizing Furnace is a furnace that uses a vacuum to remove oxygen from the atmosphere around the workpiece, and then injects carbon-containing gas into the furnace to create a carburized layer. The low pressure in the furnace ensures that most of the gas goes into contact with the workpiece, rather than escaping into the atmosphere. This type of furnace is important because it can produce high-quality carburized surfaces without causing excessive distortion or warping.
Single Chamber Carburizing Furnaces:
Single chamber carburizing furnaces are used to process steel in the automotive and construction industries. The product is a single-passage, long-heated furnace that is utilized for carburizing and normalizing operations. It has an advantage over multi-chambered carburizers as it can be operated at lower temperatures with less risk of fire occurrence due to its simpler design.
Double Chamber Carburizing Furnaces:
Double chamber carburizing furnaces are used in low pressure vacuum carburizing furnaces for the production of steel. In these double chamber carburizing furnaces, there are two separate chambers one inside the other connected by a common chimney; The outer chamber is filled with oil-water mixture and then steel is inserted in to it.
Application Insights:
Automotive application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing production of passenger cars and commercial vehicles, especially in emerging economies such as China, India, Brazil and South Korea. In addition, stringent government regulations regarding air pollution control are expected to drive product demand from automotive applications over the coming years.
The tool & die industry is one of the major industries that uses low pressure vacuum carburizing process owing to its ability to reduce metal surface oxidation which leads to increase productivity while reducing scrap rates during manufacturing process operations.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of major automotive manufacturers, such as Toyota, Honda Motor Co., Ltd., Suzuki Motor Corporation and Hyundai Heavy Industries Co., Ltd. has resulted in high product demand from Asia Pacific region. Furthermore, rising disposable income coupled with increasing population has led to an increase in automobile sales across emerging economies including China and India which will further boost product demand over the next eight years.
The European market was valued at USD X million in 2017 owing to growing automotive industry supported by stringent regulations regarding vehicular emission coupled with growing consumer preference for fuel-efficient vehicles that are lightweight & durable is expected to drive growth during the forecast period.
Growth Factors:
- Increasing demand for low pressure vacuum carburizing furnaces from the automotive and aerospace industries due to the benefits offered such as improved surface finish, increased fatigue life, and reduced distortion.
- Growing popularity of vacuum carburizing as a surface treatment process due to its ability to produce high-quality parts with minimal distortion.
- Rising investments in research and development by furnace manufacturers to develop new technologies and products that can meet the increasing demand for low pressure vacuum carburizing furnaces.
- The growing trend of using lean manufacturing practices in automotive and aerospace manufacturing facilities which is driving the demand for low pressure vacuum carburizing furnaces as they help improve part quality while reducing production costs.
Scope Of The Report
Report Attributes
Report Details
Report Title
Low Pressure Vacuum Carburizing Furnaces Market Research Report
By Type
Single Chamber Carburizing Furnaces, Double Chamber Carburizing Furnaces, Multi Chamber Carburizing Furnaces
By Application
Automotive, Tool & Die, Others
By Companies
ECM, Ipsen, ALD Vacuum Technologies, Seco/Warwick, Tenova, IHI(Hayes), Chugai-ro, Solar Mfg, C.I. Hayes, BRIMET, Huahaizhongyi
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
174
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Low Pressure Vacuum Carburizing Furnaces Market Report Segments:
The global Low Pressure Vacuum Carburizing Furnaces market is segmented on the basis of:
Types
Single Chamber Carburizing Furnaces, Double Chamber Carburizing Furnaces, Multi Chamber Carburizing Furnaces
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
Automotive, Tool & Die, 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:
- ECM
- Ipsen
- ALD Vacuum Technologies
- Seco/Warwick
- Tenova
- IHI(Hayes)
- Chugai-ro
- Solar Mfg
- C.I. Hayes
- BRIMET
- Huahaizhongyi
Highlights of The Low Pressure Vacuum Carburizing 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:
- Single Chamber Carburizing Furnaces
- Double Chamber Carburizing Furnaces
- Multi Chamber Carburizing Furnaces
- By Application:
- Automotive
- Tool & Die
- 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 Low Pressure Vacuum Carburizing 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?
Low pressure vacuum carburizing furnaces are used to heat metal objects to a high temperature in order to create a hard, durable surface. The furnace is filled with oxygen and nitrogen gas, which are then forced into the object being heated. This process creates an intense heat that causes the metal to become brittle and discolored.
Some of the major companies in the low pressure vacuum carburizing furnaces market are ECM, Ipsen, ALD Vacuum Technologies, Seco/Warwick, Tenova, IHI(Hayes), Chugai-ro, Solar Mfg, C.I. Hayes, BRIMET, Huahaizhongyi.
The low pressure vacuum carburizing 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 Low Pressure Vacuum Carburizing 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 Low Pressure Vacuum Carburizing Furnaces Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Low Pressure Vacuum Carburizing 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 Low Pressure Vacuum Carburizing 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 Low Pressure Vacuum Carburizing Furnaces Market Size & Forecast, 2020-2028 4.5.1 Low Pressure Vacuum Carburizing Furnaces Market Size and Y-o-Y Growth 4.5.2 Low Pressure Vacuum Carburizing Furnaces Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Single Chamber Carburizing Furnaces
5.2.2 Double Chamber Carburizing Furnaces
5.2.3 Multi Chamber Carburizing Furnaces
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Tool & Die
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Low Pressure Vacuum Carburizing 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 Low Pressure Vacuum Carburizing 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Single Chamber Carburizing Furnaces
9.6.2 Double Chamber Carburizing Furnaces
9.6.3 Multi Chamber Carburizing Furnaces
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 Automotive
9.10.2 Tool & Die
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Single Chamber Carburizing Furnaces
10.6.2 Double Chamber Carburizing Furnaces
10.6.3 Multi Chamber Carburizing Furnaces
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 Automotive
10.10.2 Tool & Die
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Single Chamber Carburizing Furnaces
11.6.2 Double Chamber Carburizing Furnaces
11.6.3 Multi Chamber Carburizing Furnaces
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 Automotive
11.10.2 Tool & Die
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Single Chamber Carburizing Furnaces
12.6.2 Double Chamber Carburizing Furnaces
12.6.3 Multi Chamber Carburizing Furnaces
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 Automotive
12.10.2 Tool & Die
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Single Chamber Carburizing Furnaces
13.6.2 Double Chamber Carburizing Furnaces
13.6.3 Multi Chamber Carburizing Furnaces
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 Automotive
13.10.2 Tool & Die
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 Low Pressure Vacuum Carburizing Furnaces Market: Competitive Dashboard
14.2 Global Low Pressure Vacuum Carburizing Furnaces Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ECM
14.3.2 Ipsen
14.3.3 ALD Vacuum Technologies
14.3.4 Seco/Warwick
14.3.5 Tenova
14.3.6 IHI(Hayes)
14.3.7 Chugai-ro
14.3.8 Solar Mfg
14.3.9 C.I. Hayes
14.3.10 BRIMET
14.3.11 Huahaizhongyi