Report overview
Melting furnaces are used to overheat solid materials until they liquefy. Often, thermal processing equipment is used to alter the surface or internal characteristics of materials by carefully elevating their temperature. In the case of metals, this typically increases ductility at the expense of both hardness and strength. This requires an industrial furnace capable of generating and maintaining temperatures below that of the material?s melting point.
This report contains market size and forecasts of Smelting Furnaces in global, including the following market information:
Global Smelting Furnaces Market Revenue, 2018-2023, 2023-2030, ($ millions)
Global Smelting Furnaces Market Sales, 2018-2023, 2023-2030, (Units)
Global top five Smelting Furnaces companies in 2022 (%)
The global Smelting Furnaces market was valued at million in 2022 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period 2023-2030.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2030.
Combustion-Type Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Smelting Furnaces include Inductotherm, OTTO Junker, ABP Induction Systems, ECM Technologies, ALD Vacuum Technologies, Electrotherm, ULVAC, Fuji Dempa and Induction Technology Corporation (ITC), etc. In 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Smelting Furnaces manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Smelting Furnaces Market, by Type, 2018-2023, 2023-2030 ($ Millions) & (Units)
Global Smelting Furnaces Market Segment Percentages, by Type, 2022 (%)
Combustion-Type
Electric-Type
Global Smelting Furnaces Market, by Application, 2018-2023, 2023-2030 ($ Millions) & (Units)
Global Smelting Furnaces Market Segment Percentages, by Application, 2022 (%)
High Pressure Die Casting
Gravity Casting
Others
Global Smelting Furnaces Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions) & (Units)
Global Smelting Furnaces Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Smelting Furnaces revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Smelting Furnaces revenues share in global market, 2022 (%)
Key companies Smelting Furnaces sales in global market, 2018-2023 (Estimated), (Units)
Key companies Smelting Furnaces sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Inductotherm
OTTO Junker
ABP Induction Systems
ECM Technologies
ALD Vacuum Technologies
Electrotherm
ULVAC
Fuji Dempa
Induction Technology Corporation (ITC)
Taichiku
Amelt
StrikoWestofen (Norican)
Secowarwick
Lihua
PVA IVS
Dai-ichi High Frequency
Magnalenz
HHV
Carant
Therelek
Shenyang Jinyan
Hengjin
Silcarb Recrystallized
Nabertherm
Kalyani Furnaces
