Industrial Furnaces Market Growth, Demand and Challenges of the Key Industry Players 2024-2032
                     Global Industrial 
Furnaces Market 
Research and Forecast 
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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las t ing resul ts .
Accord ing  to  the la tes t  repor t  by  IMARC Group,  t i t led  " Industr ia l  Furnaces 
Market :  Global  Industry  Trends,  Share ,  S ize ,  Growth ,  Opportuni ty  and 
Forecast  2024-2032,"  the  g loba l  indust r ia l  fu rnaces  marke t  s ize  reached 
US$ 13.8  Bi l l i on  in  2023.
Report An indus t r ia l  fu rnace  is  a  sys tem that  mel ts  o r  heats  meta ls  a t  a  h igh 
temperatu re .  I t  compr ises  a  re f rac to ry  chamber ,  so l id ,  burner ,  l i qu id ,  hear th ,  
Highlight and or  gaseous  fue l  o r  e lec t r i c i t y ,  charg ing  and d ischarg ing doors ,  ch imney,  and load ing  and  un load ing  equ ipment .  
I t  i s  u t i l i zed fo r  temper ing,  annea l ing ,  or  carbur iz ing and p re - t rea t ing 
Description mater ia ls  for  fo rg ing purposes .  Bes ides th is ,  i t  i s  a lso  used in  manufac tur ing  
i ron ,  s tee l ,  non- fer rous  meta ls ,  ce ramic ,  and  ca lc ina t ion in  cement  due  to  i t s  
fue l -e f f ic ien t ,  compact ,  por tab le ,  and  durab le  p roper t ies .
Request  for  a  PDF sample  of  th is  report :  
ht tps : / /www. imarcgroup.com/ indust r ia l - fu rnaces-market / reques tsample
Report Description
Global  Industr ia l  Furnaces  Market  Trends :
The marke t  i s  p r imar i l y  d r i ven  by  the  esca la t ing  demand fo r  va r ious  me ta ls  such  as  i ron  and  s tee l .  I n  add i t i on ,  
the  r i s ing  sa les  o f  au tomob i les  due  to  the  in f l a t ing  income leve ls  and  inc reas ing  g loba l  popu la t ion  rep resen ts  
ano ther  ma jo r  g rowth - induc ing  fac to r .  I ndus t r ia l  fu rnaces  f i nd  ex tens ive  app l ica t ions  in  the  manu fac tu r ing  and  
hea t - t rea t ing  o f  meta l l i c  au tomo t i ve  par ts .  
Bes ides  th is ,  t he re  is  a  s ign i f i can t  inc rease  in  the  adop t ion  o f  t he  indus t r ia l  in te rne t  o f  t h ings  ( IoT)  and  s ta te -o f -
the -a r t  techno log ies  to  p rov ide  enhanced  e f f i c iency  and  au tomat ion .  Th is ,  coup led  w i th  the  r i s ing  adop t ion  o f  
advanced  and  env i ronment - f r iend ly  p roduc t ion  p rocesses  fo r  f u rnace  energy  conserva t ion ,  i s  pos i t i ve l y  
in f luenc ing  the  marke t  g rowth .  These  advanced  p rocesses  inc lude  the  usage  o f  na tu ra l  gas ,  insu la t ion ,  re f rac to ry  
mate r ia ls ,  and  advanced  burner  des igns .
Look ing  forward ,  IMARC Group expects  the  market  to  reach a  va lue  of  US$  21 .0  B i l l ion  by  2032 ,  exh ib i t ing 
a  CAGR of  4 .6% dur ing the  forecast  per iod (2024-2032) .
V iew Repor t  TOC,  F igures  and  Tables :  h t tps: / /www. imarcgroup.com/ industr ia l - furnaces-market
Breakup by Furnace Type:
• Gas and Fuel Operated Industr ial  Furnace
• Electr ical ly  Operated Industr ial  Furnace
 
Breakup by Arrangement:
• Tube or Clamshel l  Type
Report • Box Type
• Bottom Loading and Car Bottom Furnace
Segmentation • Top Loading Furnace
• Others
Breakup by End Use:
• Metals and Mining
• Transportat ion
• Oil  and Gas
• Chemicals
• Others
Breakup by Region:
• North America
Report • Asia-Pacifi c
• Europe
Segmentation • Latin America
• Middle East and Afr ica
• Andritz AG
• Carbol i te Gero Ltd. (Dutch Verder Group)
• Epcon Industr ial  Systems LP
• Gasbarre Products Inc.
Competitive • International  Thermal Systems
Landscape • Ipsen International GmbH
with Key • LÖCHER Industrieofen- und Apparatebau 
GmbH
Players • Nutec Bickley
• Seco/Warwick SA
• Thermal Product Solut ions
• Thermcraft Incorporated.
What was the size of the global industrial furnaces 
market in 2023?
What is the expected growth rate of the global 
industrial furnaces market during 2024-2032?
What has been the impact of COVID-19 on the global 
industrial furnaces market?
Key 
What are the key factors driving the global industrial 
Questions furnaces market?
Answered in What is the breakup of the global industrial furnaces market based on the furnace type?
the Report What is the breakup of the global industrial furnaces 
market based on the arrangement?
What is the breakup of the global industrial furnaces 
market based on the end use?
What are the key regions in the global industrial 
furnaces market?
Who are the key players/companies in the global 
industrial furnaces market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
        2 . 4 . 1     B o t t o m - U p  A p p r o a c h
Table of         2 . 4 . 2     T o p - D o w n  A p p r o a c h    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
    4 . 1     O v e r v i e w
Contents     4 . 2     K e y  I n d u s t r y  T r e n d s5     G l o b a l  I n d u s t r i a l  F u r n a c e s  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  F u r n a c e  T y p e
    6 . 1     G a s  a n d  F u e l  O p e r a t e d  I n d u s t r i a l  F u r n a c e
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     E l e c t r i c a l l y  O p e r a t e d  I n d u s t r i a l  F u r n a c e
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
7    M a r k e t  B r e a k u p  b y  A r r a n g e m e n t
    7 . 1     T u b e  o r  C l a m s h e l l  T y p e
        7 . 1 . 1  M a r k e t  T r e n d s
        7 . 1 . 2  M a r k e t  F o r e c a s t
       
    7 . 2     B o x  T y p e
        7 . 2 . 1  M a r k e t  T r e n d s
        7 . 2 . 2  M a r k e t  F o r e c a s t
    7 . 3     B o t t o m  L o a d i n g  a n d  C a r  B o t t o m  F u r n a c e
        7 . 3 . 1  M a r k e t  T r e n d s
        7 . 3 . 2  M a r k e t  F o r e c a s t
    7 . 4     T o p  L o a d i n g  F u r n a c e
        7 . 4 . 1  M a r k e t  T r e n d s
        7 . 4 . 2  M a r k e t  F o r e c a s t
    7 . 5     O t h e r s
Table of         7 . 5 . 1  M a r k e t  T r e n d s        7 . 5 . 2  M a r k e t  F o r e c a s t
8    M a r k e t  B r e a k u p  b y  E n d  U s e
    8 . 1     M e t a l s  a n d  M i n i n g
Contents         8 . 1 . 1  M a r k e t  T r e n d s        8 . 1 . 2  M a r k e t  F o r e c a s t
    8 . 2     T r a n s p o r t a t i o n
        8 . 2 . 1  M a r k e t  T r e n d s
        8 . 2 . 2  M a r k e t  F o r e c a s t
    8 . 3     O i l  a n d  G a s
        8 . 3 . 1  M a r k e t  T r e n d s
        8 . 3 . 2  M a r k e t  F o r e c a s t
    8 . 4     C h e m i c a l s
        8 . 4 . 1  M a r k e t  T r e n d s
        8 . 4 . 2  M a r k e t  F o r e c a s t
    8 . 5     O t h e r s
        8 . 5 . 1  M a r k e t  T r e n d s
        8 . 5 . 2  M a r k e t  F o r e c a s t
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
ht t ps : / /w ww. i ma rc gro up . c o m / i n du s t r i a l - f u rna c es -m a rke t / t o c
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