Market Overview:
The global tempering furnaces 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 tempered glass in automotive and architectural applications. Tempered glass is extensively used in vehicles as a safety measure owing to its high strength and resistance against shattering upon impact. In addition, tempered glass is also used in buildings for security purposes and as an aesthetic element. The Asia Pacific region is expected to witness the highest growth rate during the forecast period, followed by Europe and North America.
Product Definition:
tempering furnaces: Furnaces used to temper steel by heating it to a temperature just below the critical point and then cooling it in air.
Batch Type:
Batch type is a method of manufacturing where different types of materials are processed in the same furnace at the same time. It helps to reduce energy consumption and improve efficiency. Batch type can be used for both ferrous and non-ferrous metals, depending on its implementation. The most commonly used batch systems in modern foundries are tundish/mold casting, sand casting, and electric arc furnaces (EAF).
Continuous Type:
Continuous type is a continuous casting process used to manufacture large quantities of steel and other metals. It is also known as the Continuously Operated Process (COP) or Continuous Casting (CC). In this process, liquid metal is cast into a mold that shapes it into the desired product. The molten metal then cools and solidifies into a finished product of required quality.
Application Insights:
The automotive application segment accounted for the largest share of over 30.0% in 2017. The use of tempered glass in the automotive sector is expected to witness significant growth on account of its superior structural integrity and high resistance to breakage, which will help automakers retain safety standards while reducing overall weight. In addition, stringent regulations regarding passenger safety are likely to propel demand for tempered glass across various applications including wind turbines and building & construction sectors.
The architectural application segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to rising product utilization in designing buildings and structures by architects.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing automotive production in countries, such as India, Japan, and China. In addition, rising construction activities in emerging economies of Asia Pacific are anticipated to fuel product demand from 2017 to 2030.
The Middle East & Africa region is also likely to witness significant growth over the next eight years owing its large oil reserves and growing petroleum industry. Moreover, increasing investments by international companies for exploration of oil sands are projected to drive product demand in this region over the forecast period.
Growth Factors:
- Increasing demand for tempered glass from the automotive and construction industries
- Growing popularity of smart homes and green buildings, which require energy-efficient heating systems
- Technological advancements that have led to the development of more efficient tempering furnaces
- Rising prices of raw materials used in tempering furnaces, such as steel and aluminum
- The increasing use of tempering furnaces in emerging markets such as China and India
Scope Of The Report
Report Attributes
Report Details
Report Title
Tempering Furnaces Market Research Report
By Type
Batch Type, Continuous Type
By Application
Automotive, Architectural, Others
By Companies
Cooltemper, Glaston, LAC, AIRTEC, Tenova, Nutec Bickley, Ikoi, Klaar Glas, HHH Tempering Resourse, Abbott Furnace, Keraglass, Apex Furnaces Pvt, Pioneer Furnaces Pvt, Kumagawa, LandGlass, Sakav, Dowa Thermotech (HIGHTEMP), Furnace Engineering
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Tempering Furnaces Market Report Segments:
The global Tempering Furnaces market is segmented on the basis of:
Types
Batch Type, Continuous Type
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, Architectural, 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:
- Cooltemper
- Glaston
- LAC
- AIRTEC
- Tenova
- Nutec Bickley
- Ikoi
- Klaar Glas
- HHH Tempering Resourse
- Abbott Furnace
- Keraglass
- Apex Furnaces Pvt
- Pioneer Furnaces Pvt
- Kumagawa
- LandGlass
- Sakav
- Dowa Thermotech (HIGHTEMP)
- Furnace Engineering
Highlights of The Tempering 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:
- Batch Type
- Continuous Type
- By Application:
- Automotive
- Architectural
- 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 Tempering 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?
Tempering furnaces are used to temper metals so they can be formed into different shapes and sizes. The metal is heated until it reaches a specific temperature, then slowly cooled down to prevent it from becoming brittle.
Some of the key players operating in the tempering furnaces market are Cooltemper, Glaston, LAC, AIRTEC, Tenova, Nutec Bickley, Ikoi, Klaar Glas, HHH Tempering Resourse, Abbott Furnace, Keraglass, Apex Furnaces Pvt, Pioneer Furnaces Pvt, Kumagawa, LandGlass, Sakav, Dowa Thermotech (HIGHTEMP), Furnace Engineering.
The tempering furnaces market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tempering Furnaces 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. Tempering Furnaces Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tempering Furnaces Market - Supply Chain
4.5. Global Tempering Furnaces Market Forecast
4.5.1. Tempering Furnaces Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tempering Furnaces Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tempering Furnaces Market Absolute $ Opportunity
5. Global Tempering Furnaces 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. Tempering Furnaces Market Size and Volume Forecast by Type
5.3.1. Batch Type
5.3.2. Continuous Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tempering Furnaces 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. Tempering Furnaces Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Architectural
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tempering Furnaces 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. Tempering Furnaces 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 Tempering Furnaces 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. Tempering Furnaces 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 Tempering Furnaces Demand Share Forecast, 2019-2029
9. North America Tempering Furnaces 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 Tempering Furnaces 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 Tempering Furnaces Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Architectural
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tempering Furnaces Market Size and Volume Forecast by Type
9.7.1. Batch Type
9.7.2. Continuous Type
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 Tempering Furnaces Demand Share Forecast, 2019-2029
10. Latin America Tempering Furnaces 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 Tempering Furnaces 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 Tempering Furnaces Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Architectural
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tempering Furnaces Market Size and Volume Forecast by Type
10.7.1. Batch Type
10.7.2. Continuous Type
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 Tempering Furnaces Demand Share Forecast, 2019-2029
11. Europe Tempering Furnaces 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 Tempering Furnaces 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 Tempering Furnaces Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Architectural
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tempering Furnaces Market Size and Volume Forecast by Type
11.7.1. Batch Type
11.7.2. Continuous Type
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 Tempering Furnaces Demand Share, 2019-2029
12. Asia Pacific Tempering Furnaces 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 Tempering Furnaces 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 Tempering Furnaces Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Architectural
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tempering Furnaces Market Size and Volume Forecast by Type
12.7.1. Batch Type
12.7.2. Continuous Type
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 Tempering Furnaces Demand Share, 2019-2029
13. Middle East & Africa Tempering Furnaces 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 Tempering Furnaces 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 Tempering Furnaces Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Architectural
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tempering Furnaces Market Size and Volume Forecast by Type
13.7.1. Batch Type
13.7.2. Continuous Type
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 Tempering Furnaces Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Tempering Furnaces Market: Market Share Analysis
14.2. Tempering Furnaces Distributors and Customers
14.3. Tempering Furnaces Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cooltemper
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Glaston
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. LAC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. AIRTEC
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tenova
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nutec Bickley
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ikoi
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Klaar Glas
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. HHH Tempering Resourse
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Abbott Furnace
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Keraglass
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Apex Furnaces Pvt
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Pioneer Furnaces Pvt
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Kumagawa
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. LandGlass
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Sakav
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Dowa Thermotech (HIGHTEMP)
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Furnace Engineering
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