Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Tempering Furnaces Market by Type (Batch Type, Continuous Type), By Application (Automotive, Architectural, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Tempering Furnaces Market by Type (Batch Type, Continuous Type), By Application (Automotive, Architectural, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 134802 3300 Machinery & Equipment 377 240 Pages 4.6 (31)
                                          

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.


Global Tempering Furnaces Industry Outlook


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:

  1. Cooltemper
  2. Glaston
  3. LAC
  4. AIRTEC
  5. Tenova
  6. Nutec Bickley
  7. Ikoi
  8. Klaar Glas
  9. HHH Tempering Resourse
  10. Abbott Furnace
  11. Keraglass
  12. Apex Furnaces Pvt
  13. Pioneer Furnaces Pvt
  14. Kumagawa
  15. LandGlass
  16. Sakav
  17. Dowa Thermotech (HIGHTEMP)
  18. Furnace Engineering

Global Tempering Furnaces Market Overview


Highlights of The Tempering Furnaces Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Batch Type
    2. Continuous Type
  1. By Application:

    1. Automotive
    2. Architectural
    3. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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.

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

Global Tempering Furnaces Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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

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