Report overview
Heat Treatment is the process in which metallic/steel parts are exposed completely or partially to time-temperature sequences in order to change the mechanical and/or corrosion properties.
Academically, Heat treating is a group of industrial and metalworking processes used to alter the physical, and sometimes chemical, properties of a material.
The Heat Treatment Furnace is those furnaces used in the process of hear treatment.
This report aims to provide a comprehensive presentation of the global market for Heat Treatment Furnace, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Heat Treatment Furnace. This report contains market size and forecasts of Heat Treatment Furnace in global, including the following market information:
Global Heat Treatment Furnace Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Heat Treatment Furnace Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Heat Treatment Furnace companies in 2022 (%)
The global Heat Treatment Furnace market was valued at US$ 11560 million in 2022 and is projected to reach US$ 12850 million by 2029, at a CAGR of 1.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
For industry structure analysis, the Heat Treatment Furnace industry is not concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers include Andritz, Tenova, Primetals Technologies, Aichelin Group and Inductotherm Corporation, account for about 10 % of the revenue market. Regionally, Europe is the biggest production value area, also the leader in the whole Heat Treatment Furnace industry.
Europe occupied 28% of the production market. It is followed by North America and China, which respectively account for around 26% and 26% of the global total industry. Other countries have a smaller amount of production. Geographically, Europe was the largest consumption market in the world, which took about 26% of the global consumption volume.
We surveyed the Heat Treatment Furnace 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 Heat Treatment Furnace Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Heat Treatment Furnace Market Segment Percentages, by Type, 2022 (%)
Atmosphere Furnaces
Vacuum Furnaces
Global Heat Treatment Furnace Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Heat Treatment Furnace Market Segment Percentages, by Application, 2022 (%)
Metallurgical
Transportation
Others
Global Heat Treatment Furnace Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Heat Treatment Furnace 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 Heat Treatment Furnace revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Heat Treatment Furnace revenues share in global market, 2022 (%)
Key companies Heat Treatment Furnace sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Heat Treatment Furnace sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Andritz
Tenova
Primetals Technologies
Aichelin Group
Inductotherm Corporation
ALD
Ipsen
Despatch
SECO/WARWICK
Nachi-Fujikoshi
PVA TePla
Cieffe(Accu?
Mersen
Gasbarre Furnace
TPS
Surface Combustion
CEC
Sistem Teknik
AVS
TAV
Nutec Bickley
Shenwu
Phoenix Furnace
Outline of Major Chapters:
Chapter 1: Introduces the definition of Heat Treatment Furnace, market overview.
Chapter 2: Global Heat Treatment Furnace market size in revenue and volume.
Chapter 3: Detailed analysis of Heat Treatment Furnace manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Heat Treatment Furnace in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Heat Treatment Furnace capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.