Market Overview:
The global plasma 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 plasma furnaces from various end-use industries, such as metallurgy, waste treatment, and others. In terms of type, the ceramic crucible plasma furnace segment is expected to lead the global market during the forecast period. This can be attributed to its properties such as high melting point and thermal stability that make it suitable for use in various applications.
Product Definition:
A plasma furnace is a furnace in which the heat is generated by an electric arc. The arc is formed between two electrodes, usually made of carbon, and the heat produced by the arc melts the workpiece.
Ceramic Crucible Plasma Furnace:
Ceramic crucible plasma furnace is a type of high-temperature gas fired device used in the manufacturing process of ceramic products. It is majorly used for melting glass and ceramics, but can also be used to melt other materials such as metals & alloys, salts & oxides. The ceramic crucible plasma furnace operates at temperatures greater than 13000 C and has the ability to operate with very low air pre-dissipation (up to 10 -4).
Crystallizer Plasma Furnace:
Crystallizer plasma furnace is a type of gas-fired thermal processing system used to melt metal scrap for re-processing. It is also known as the crystalizing or crystallization process. The molten metal scrap is passed through a series of heat exchangers (the furnace) where it is exposed to high temperature gases which break down the solid material into liquid form, allowing it to be removed as a final product.
The major advantage offered by this technology includes reduced energy consumption.
Application Insights:
The metallurgy segment dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The rising demand for various metals, including but not limited to steel, aluminum, and copper from various end-use industries such as construction, automotive & transportation, consumer goods etc. is anticipated to drive the product demand in this application segment over the forecast period.
The waste treatment segment accounted for a significant share of revenue in 2017 owing to increasing environmental regulations pertaining to landfills across several countries globally. Increasing focus on reducing greenhouse emissions has resulted in increased utilization of waste incineration plants which are estimated to further propel industry expansion over the coming years. Plasma technology offers an environmentally friendly alternative for treating municipal solid wastes along with industrial sludge and other types of wastes such as medical or electronic equipment scrap etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a growing demand for plasma furnaces from several end-use industries, such as metallurgy, waste treatment, and others. This growth can be attributed to increasing investments in various sectors of emerging economies such as India and China. For instance, according to IISD data, between 2014-2015 and 2016-2017 there was an increase of 13% in capital expenditure on energy & power sector in India which includes investment on new plants & capacity addition along with other projects like transmission lines etc.
The European market is anticipated to grow at a significant rate over the forecast period owing to rising demand for advanced technologies coupled with stringent environmental regulations by bodies like Health & Safety Executive (HSE) that have mandated safety features while operating these machines across Europe thus leading towards higher adoption rates of plasma furnaces across this region compared to other regions around the world.
Growth Factors:
- Increasing demand for flat panel displays and semiconductor devices
- Growing popularity of plasma assisted chemical vapor deposition (PECVD) technology
- Rising demand for nanomaterials and advanced materials
- Proliferation of next-generation plasma furnaces with enhanced performance characteristics
- Growing investments in research and development activities to develop new applications for plasma furnaces
Scope Of The Report
Report Attributes
Report Details
Report Title
Plasma Furnace Market Research Report
By Type
Ceramic Crucible Plasma Furnace, Crystallizer Plasma Furnace, Scull Plasma Furnace
By Application
Metallurgy, Waste Treatment, Other
By Companies
Retech Systems LLC, Seco/Warwick Corp, CAN-ENG Furnaces International Limited, Thermserve Ltd, Carrier Corporation, Eltro GmbH, Plasmait GmbH, L&L Special Furnace Co, China Gere Technology
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Plasma Furnace Market Report Segments:
The global Plasma Furnace market is segmented on the basis of:
Types
Ceramic Crucible Plasma Furnace, Crystallizer Plasma Furnace, Scull Plasma Furnace
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
Metallurgy, Waste Treatment, 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:
- Retech Systems LLC
- Seco/Warwick Corp
- CAN-ENG Furnaces International Limited
- Thermserve Ltd
- Carrier Corporation
- Eltro GmbH
- Plasmait GmbH
- L&L Special Furnace Co
- China Gere Technology
Highlights of The Plasma 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:
- Ceramic Crucible Plasma Furnace
- Crystallizer Plasma Furnace
- Scull Plasma Furnace
- By Application:
- Metallurgy
- Waste Treatment
- 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 Plasma 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 plasma furnace is a type of industrial furnace used to produce high-temperature plasma. Plasma furnaces are used in the production of semiconductor materials, such as gallium nitride and germanium, and other advanced materials.
Some of the major players in the plasma furnace market are Retech Systems LLC, Seco/Warwick Corp, CAN-ENG Furnaces International Limited, Thermserve Ltd, Carrier Corporation, Eltro GmbH, Plasmait GmbH, L&L Special Furnace Co, China Gere Technology.
The plasma furnace market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Plasma 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. Plasma Furnace Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Plasma Furnace Market - Supply Chain
4.5. Global Plasma Furnace Market Forecast
4.5.1. Plasma Furnace Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Plasma Furnace Market Size (000 Units) and Y-o-Y Growth
4.5.3. Plasma Furnace Market Absolute $ Opportunity
5. Global Plasma 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. Plasma Furnace Market Size and Volume Forecast by Type
5.3.1. Ceramic Crucible Plasma Furnace
5.3.2. Crystallizer Plasma Furnace
5.3.3. Scull Plasma Furnace
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Plasma 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. Plasma Furnace Market Size and Volume Forecast by Application
6.3.1. Metallurgy
6.3.2. Waste Treatment
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Plasma 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. Plasma 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 Plasma 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. Plasma 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 Plasma Furnace Demand Share Forecast, 2019-2026
9. North America Plasma 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 Plasma 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 Plasma Furnace Market Size and Volume Forecast by Application
9.4.1. Metallurgy
9.4.2. Waste Treatment
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Plasma Furnace Market Size and Volume Forecast by Type
9.7.1. Ceramic Crucible Plasma Furnace
9.7.2. Crystallizer Plasma Furnace
9.7.3. Scull Plasma Furnace
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 Plasma Furnace Demand Share Forecast, 2019-2026
10. Latin America Plasma 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 Plasma 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 Plasma Furnace Market Size and Volume Forecast by Application
10.4.1. Metallurgy
10.4.2. Waste Treatment
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Plasma Furnace Market Size and Volume Forecast by Type
10.7.1. Ceramic Crucible Plasma Furnace
10.7.2. Crystallizer Plasma Furnace
10.7.3. Scull Plasma Furnace
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 Plasma Furnace Demand Share Forecast, 2019-2026
11. Europe Plasma 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 Plasma 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 Plasma Furnace Market Size and Volume Forecast by Application
11.4.1. Metallurgy
11.4.2. Waste Treatment
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Plasma Furnace Market Size and Volume Forecast by Type
11.7.1. Ceramic Crucible Plasma Furnace
11.7.2. Crystallizer Plasma Furnace
11.7.3. Scull Plasma Furnace
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y 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 Plasma Furnace Demand Share, 2019-2026
12. Asia Pacific Plasma 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 Plasma 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 Plasma Furnace Market Size and Volume Forecast by Application
12.4.1. Metallurgy
12.4.2. Waste Treatment
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Plasma Furnace Market Size and Volume Forecast by Type
12.7.1. Ceramic Crucible Plasma Furnace
12.7.2. Crystallizer Plasma Furnace
12.7.3. Scull Plasma Furnace
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 Plasma Furnace Demand Share, 2019-2026
13. Middle East & Africa Plasma 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 Plasma 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 Plasma Furnace Market Size and Volume Forecast by Application
13.4.1. Metallurgy
13.4.2. Waste Treatment
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Plasma Furnace Market Size and Volume Forecast by Type
13.7.1. Ceramic Crucible Plasma Furnace
13.7.2. Crystallizer Plasma Furnace
13.7.3. Scull Plasma Furnace
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 Plasma Furnace Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Plasma Furnace Market: Market Share Analysis
14.2. Plasma Furnace Distributors and Customers
14.3. Plasma Furnace Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Retech Systems LLC
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Seco/Warwick Corp
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. CAN-ENG Furnaces International Limited
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Thermserve Ltd
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Carrier Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Eltro GmbH
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Plasmait GmbH
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. L&L Special Furnace Co
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. China Gere Technology
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