Market Overview:
The global hot press furnace 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 hot press furnaces from various end-use industries, such as metal, ceramic, and composite industries. In terms of type, the ceiling temperature above 1800? segment is expected to grow at a higher CAGR than the ceiling temperature below 1800? segment during the forecast period.
Product Definition:
A hot press furnace is a type of furnace that is used to heat and press objects. The importance of a hot press furnace is that it can heat an object up to its melting point so that it can be molded into the desired shape.
Ceiling TemperatureAbove 1800?:
The global ceiling temperature above 1800 is expected to witness significant growth in the coming years. Ceiling temperature above 1800 is used for processing of steel and other metals, its application area spans across various industry verticals such as automotive, construction machinery & equipment, energy generation industries among others. The factors that propel market growth include increasing demand from end-user industries coupled with technological advancements in the process automation and control systems for improving efficiency of processes.
Ceiling TemperatureBelow 1800?:
The global ceiling temperature below 1800 is expected to witness significant growth over the forecast period. Ceiling temperature below 1800 is used in hot press furnaces for melting and solidifying plastic resins, metal alloys, and other materials. The increasing demand for lightweight materials in automotive & aerospace industries coupled with growing requirement of high strength & heat resistance in building & construction industry are anticipated to drive the market growth over the forecast period.
Application Insights:
The metal industry was the largest application segment in 2016, accounting for a market share of over 40%. The growth can be attributed to increasing demand for steel from construction and automotive industries. In addition, growing infrastructure activities in emerging economies such as China and India is expected to drive the product demand.
Hot press furnaces are widely used in ceramic industry due to their ability to produce ceramic tiles with smooth surface finish at low cost as comparedto other methods such as cold pressing or wet pressing. Moreover, they offer flexibility in design along with easy installation owingto which it has been one of the most preferred solutions among ceramic tile manufacturers across the globe.
Regional Analysis:
Asia Pacific dominated the global hot press furnace market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of ceramic manufacturers, who use these furnaces for producing high-quality products at low costs. China holds a dominant position in this industry owing to cheap labor cost and availability of raw materials. India is also expected to grow rapidly on account of increasing demand from end-use industries such as automotive, aerospace & defense, construction, etc.
North America held a significant share in the industry due to growing metal manufacturing sector mainly due to rising investments by major companies such as Boeing and Lockheed Martin Corporation; which require large amounts of aluminum and steel respectively for manufacturing aircraft parts or building structures including buildings & houses or commercial vehicles like buses or trucks among other things are anticipated to drive product demand over the next eight years.
Growth Factors:
- Increasing demand for Hot Press Furnace in the automotive and aerospace industries due to the need for high-quality components.
- Growing demand from developing countries due to the increasing industrialization and urbanization in these regions.
- Rising investments by leading players in research and development activities to develop new and innovative products.
- Increasing adoption of Hot Press Furnace owing to its advantages such as energy efficiency, low emissions, and high productivity rates over traditional methods of manufacturing components.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hot Press Furnace Market Research Report
By Type
Ceiling TemperatureAbove 1800?, Ceiling TemperatureBelow 1800?
By Application
Metal Industry, Ceramic Industry, Composite Industry, Others
By Companies
IHI, VFE Vacuum Furnaces, Lenton Furnaces, Thermal Technology, PVA TePla, Super Conductor Materials
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Hot Press Furnace Market Report Segments:
The global Hot Press Furnace market is segmented on the basis of:
Types
Ceiling TemperatureAbove 1800?, Ceiling TemperatureBelow 1800?
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
Metal Industry, Ceramic Industry, Composite Industry, 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:
- IHI
- VFE Vacuum Furnaces
- Lenton Furnaces
- Thermal Technology
- PVA TePla
- Super Conductor Materials
Highlights of The Hot Press 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:
- Ceiling TemperatureAbove 1800?
- Ceiling TemperatureBelow 1800?
- By Application:
- Metal Industry
- Ceramic Industry
- Composite Industry
- 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 Hot Press 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 hot press is a type of printing press that uses high temperatures and pressure to print textiles.
Some of the major companies in the hot press furnace market are IHI, VFE Vacuum Furnaces, Lenton Furnaces, Thermal Technology, PVA TePla, Super Conductor Materials.
The hot press furnace market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hot Press Furnace Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hot Press Furnace Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hot Press Furnace Market - Supply Chain
4.5. Global Hot Press Furnace Market Forecast
4.5.1. Hot Press Furnace Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hot Press Furnace Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hot Press Furnace Market Absolute $ Opportunity
5. Global Hot Press Furnace Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hot Press Furnace Market Size and Volume Forecast by Type
5.3.1. Ceiling TemperatureAbove 1800?
5.3.2. Ceiling TemperatureBelow 1800?
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hot Press Furnace Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hot Press Furnace Market Size and Volume Forecast by Application
6.3.1. Metal Industry
6.3.2. Ceramic Industry
6.3.3. Composite Industry
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hot Press Furnace Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hot Press Furnace Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hot Press Furnace Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hot Press Furnace Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hot Press Furnace Demand Share Forecast, 2019-2026
9. North America Hot Press Furnace Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hot Press Furnace Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hot Press Furnace Market Size and Volume Forecast by Application
9.4.1. Metal Industry
9.4.2. Ceramic Industry
9.4.3. Composite Industry
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hot Press Furnace Market Size and Volume Forecast by Type
9.7.1. Ceiling TemperatureAbove 1800?
9.7.2. Ceiling TemperatureBelow 1800?
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hot Press Furnace Demand Share Forecast, 2019-2026
10. Latin America Hot Press Furnace Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hot Press Furnace Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hot Press Furnace Market Size and Volume Forecast by Application
10.4.1. Metal Industry
10.4.2. Ceramic Industry
10.4.3. Composite Industry
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hot Press Furnace Market Size and Volume Forecast by Type
10.7.1. Ceiling TemperatureAbove 1800?
10.7.2. Ceiling TemperatureBelow 1800?
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hot Press Furnace Demand Share Forecast, 2019-2026
11. Europe Hot Press Furnace Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hot Press Furnace Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hot Press Furnace Market Size and Volume Forecast by Application
11.4.1. Metal Industry
11.4.2. Ceramic Industry
11.4.3. Composite Industry
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hot Press Furnace Market Size and Volume Forecast by Type
11.7.1. Ceiling TemperatureAbove 1800?
11.7.2. Ceiling TemperatureBelow 1800?
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o- Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hot Press Furnace Demand Share, 2019-2026
12. Asia Pacific Hot Press Furnace Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hot Press Furnace Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hot Press Furnace Market Size and Volume Forecast by Application
12.4.1. Metal Industry
12.4.2. Ceramic Industry
12.4.3. Composite Industry
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hot Press Furnace Market Size and Volume Forecast by Type
12.7.1. Ceiling TemperatureAbove 1800?
12.7.2. Ceiling TemperatureBelow 1800?
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hot Press Furnace Demand Share, 2019-2026
13. Middle East & Africa Hot Press Furnace Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hot Press Furnace Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hot Press Furnace Market Size and Volume Forecast by Application
13.4.1. Metal Industry
13.4.2. Ceramic Industry
13.4.3. Composite Industry
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hot Press Furnace Market Size and Volume Forecast by Type
13.7.1. Ceiling TemperatureAbove 1800?
13.7.2. Ceiling TemperatureBelow 1800?
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hot Press Furnace Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hot Press Furnace Market: Market Share Analysis
14.2. Hot Press Furnace Distributors and Customers
14.3. Hot Press Furnace Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. IHI
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. VFE Vacuum Furnaces
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lenton Furnaces
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Thermal Technology
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. PVA TePla
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Super Conductor Materials
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
