Tubular Furnaces Market by Type (Vertical And Horizontal) Application (Coating, Drying, Purification, Ageing, and Hardening) End-User (Laboratory, Metal Processing Plant, Refractory Material Processing Plant, and Others) and by Region - Global Trends and Forecasts to 2027
A tubular furnace is an electric heating device used for heating various substances in an enclosed chamber. These furnaces can also be used for thermolysis reactions in presence of organic or inorganic reactants.
The major advantage of using a tubular furnace is the thermal uniformity offered by them. Any component in the furnace is subjected to consistent heating with over 1000°C across the full 360° axis, ensuring the optimal distribution of heat. The major applications covered in the report are purification, coating, drying, hardening, and aging.
The COVID-19 pandemic had dampened the growth of the tubular furnaces market globally. Many industries were affected as governments worldwide were compelled to reduce business activities to minimize the spread of the virus. Hence, due to the temporary shutdown of industries, the market growth was negatively impacted.
Based on the orientation of tubes, tubular furnaces are segmented into vertical and horizontal. In a standard horizontal tubular furnace, the central portion of the tube comprises the heating zone. A uniform and controlled thermal gradient spans to both ends of the tube. Adjustments can be done to partially cool or heat any ends of the tube as per the requirement of the process.
The major factor driving the growth of the market is the increasing demand for tubular furnaces in laboratories due to their portability and efficient heating attributes ideal for high-temperature applications. Simple design and ease of operation are other benefits of tubular furnaces. These furnaces are used for heating, melting, and sintering processes in various metal industries such as steel, aluminum, and iron.
By region, the market has been into North America, Europe, Asia Pacific, the Middle East & Africa, and South America. Asia Pacific is projected to be the fastest-growing regional market during the forecast period due to the presence of an established metals and mining sector in China and India.
The key players operating in the market are MTI Corporation (US), Carbolite Gero (UK), Nabertherm (Germany), Sigma Scientific Products (India), Sentro Tech (US), and Thermcraft (US).
TABLE OF CONTENTS
1. INTRODUCTION
1.1. STUDY OBJECTIVES
1.2. DEFINITION
1.3. INCLUSIONS VS. EXCLUSIONS
1.4. MARKET SCOPE
1.4.1. MARKET SEGMENTATION
1.4.2. REGIONAL SCOPE
1.5. YEARS CONSIDERED
1.6. CURRENCY
1.7. LIMITATIONS
1.8. STAKEHOLDERS
1.9. SUMMARY OF CHANGES
2. RESEARCH METHODOLOGY
2.1. RESEARCH DATA
2.2. MARKET BREAKDOWN AND DATA TRIANGULATION
2.2.1. SECONDARY DATA
2.2.1.1. KEY DATA FROM SECONDARY SOURCES
2.2.2. PRIMARY DATA
2.2.2.1. KEY DATA FROM PRIMARY SOURCES
2.2.2.2. KEY INDUSTRY INSIGHTS
2.2.2.3. BREAKDOWN OF PRIMARY INTERVIEWS
2.3. IMPACT OF COVID-19
2.4. SCOPE
2.5. MARKET SIZE ESTIMATION
2.5.1. BOTTOM-UP APPROACH
2.5.2. TOP-DOWN APPROACH
2.5.3. DEMAND-SIDE ANALYSIS
2.5.3.1. Assumptions for demand-side analysis
2.5.3.2. Demand-side Calculation
2.5.4. SUPPLY-SIDE ANALYSIS
2.5.4.1. Supply side assumptions
2.5.4.2. Supply side calculation
2.6. FORECAST
3. EXECUTIVE SUMMARY
4. PREMIUM INSIGHTS
5. MARKET OVERVIEW
5.1. INTRODUCTION
5.2. MARKET DYNAMICS
5.2.1. DRIVERS
5.2.2. RESTRAINTS
5.2.3. OPPORTUNITIES
5.2.4. CHALLENGES
5.3. COVID-19 IMPACT
5.4. TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.5. VALUE/SUPPLY CHAIN ANALYSIS
5.6. MARKET MAP/ECOSYSTEM
5.7. TECHNOLOGY ANALYSIS
5.8. AVERAGE SELLING PRICE TREND
5.9. BUYING CRITERIA
5.10. KEY CONFERENCES & EVENTS IN 2022–2023
5.11. PATENT ANALYSIS
5.12. TRADE DATA
5.13. TARIFFS, CODES & REGULATIONS
5.13.1. REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.13.2. REGULATORY FRAMEWORK
5.14. PORTER’S FIVE FORCES
5.15. CASE STUDY ANALYSIS
6. TUBULAR FURNACES MARKET, BY TYPE
(USD Million - 2020, 2021, 2022-e, 2027-f)
6.1. INTRODUCTION
6.2. VERTICAL
6.3. HORIZONTAL
7. TUBULAR FURNACES MARKET, BY APPLICATION
(USD Million - 2020, 2021, 2022-e, 2027-f)
7.1. INTRODUCTION
7.2. COATING
7.3. DRYING
7.4. PURIFICATION
7.5. AGEING
7.6. HARDENING
8. TUBULAR FURNACES MARKET, BY END-USER
(USD Million - 2020, 2021, 2022-e, 2027-f)
8.1. INTRODUCTION
8.2. LABORATORY
8.3. METAL PROCESSING PLANT
8.4. REFRACTORY MATERIAL PROCESSING PLANT
8.5. OTHERS
9. TUBULAR FURNACES MARKET, BY REGION
(USD Million - 2020, 2021, 2022-e, 2027-f)
9.1. INTRODUCTION
9.2. NORTH AMERICA
9.2.1. BY TYPE
9.2.2. BY APPLICATION
9.2.3. BY END-USER
9.2.4. BY COUNTRY
9.2.4.1. US
9.2.4.2. CANADA
9.2.4.3. MEXICO
9.3. ASIA PACIFIC
9.3.1. BY TYPE
9.3.2. BY APPLICATION
9.3.3. BY END-USER
9.3.4. BY COUNTRY
9.3.4.1. CHINA
9.3.4.2. INDIA
9.3.4.3. AUSTRALIA
9.3.4.4. JAPAN
9.3.4.5. REST OF ASIA PACIFIC
9.4. EUROPE
9.4.1. BY TYPE
9.4.2. BY APPLICATION
9.4.3. BY END-USER
9.4.4. BY COUNTRY
9.4.4.1. UK
9.4.4.2. FRANCE
9.4.4.3. GERMANY
9.4.4.4. ITALY
9.4.4.5. REST OF EUROPE
9.5. MIDDLE EAST & AFRICA
9.5.1. BY TYPE
9.5.2. BY APPLICATION
9.5.3. BY END-USER
9.5.4. BY COUNTRY
9.5.4.1. SAUDI ARABIA
9.5.4.2. UAE
9.5.4.3. OMAN
9.5.4.4. REST OF MIDDLE EAST & AFRICA
9.6. SOUTH AMERICA
9.6.1. BY TYPE
9.6.2. BY APPLICATION
9.6.3. BY END-USER
9.6.4. BY COUNTRY
9.6.4.1. BRAZIL
9.6.4.2. ARGENTINA
9.6.4.3. REST OF SOUTH AMERICA
10. COMPETITIVE LANDSCAPE
10.1. KEY PLAYERS STRATEGIES OVERVIEW
10.2. MARKET SHARE (BY REVENUE), 2021
10.3. REVENUE ANALYSIS OF TOP 5 MARKET PLAYERS, 2021
10.4. COMPANY EVALUATION MATRIX/QUADRANT
10.4.1. STAR
10.4.2. PERVASIVE
10.4.3. EMERGING LEADER
10.4.4. PARTICIPANT
10.5. TUBULAR FURNACES MARKET:COMPANY FOOTPRINT
10.6. COMPETITIVE SCENARIO
11. COMPANY PROFILES
11.1. INTRODUCTION
11.2. MTI CORPORATION
11.2.1. Business Overview
11.2.2. Products & Services
11.2.3. Recent Developments
11.2.4. MnM View
11.2.4.1. Key strategies/right to win
11.2.4.2. Strategic choices made
11.2.4.3. Weaknesses and competitive threats
11.3. CARBOLITE GERO
11.4. MRC GROUP
11.5. NABERTHERM
11.6. HOBERSAL
11.7. NARANG SCIENTIFIC WORKS
11.8. ALSER TEKNIK SERAMIK
11.9. LABDEX
11.10. SANTE FURNACE TECHNOLOGY
11.11. MHI
11.12. LABORATORY EQUIPMENT
11.13. TEMPSENS INSTRUMENT
11.14. THERMANSYS
11.15. CHENGYI EQUIPMENT SCIENCE AND TECHNOLOGY
11.16. THERMCRAFT
11.17. BROTHER FURNACE
12. APPENDIX
12.1. INSIGHTS OF INDUSTRY EXPERTS
12.2. DISCUSSION GUIDE
12.3. RELATED REPORT
12.4. AUTHOR DETAILS
Note: e-Estimated, f-Forecast
• THIS IS A TENTATIVE LIST OF COMPANIES. ADDITIONAL COUNTRIES & COMPANIES MAY BE ADDED/UPDATED DURING THE COURSE OF THE STUDY
• DETAILS ON COMPANY OVERVIEW, FINANCIALS, PRODUCT & SERVICES, STRATEGY, AND DEVELOPMENTS MIGHT NOT BE CAPTURED IN CASE OF UNLISTED COMPANIES
Growth opportunities and latent adjacency in Tubular Furnaces Market