Global Heating Furnace Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2021-2027

Heating furnace is a heating device that transfers heat generated by combustion of a fuel to a heated medium to raise its temperature. It is widely used in oil and gas gathering and transportation systems, steel smelting, metal processing and other industries.
Europe is the largest market with about 35% market share. China is follower, accounting for about 24% market share.
The key players are Andritz, Danieli, Tenova, ALD, Ipsen, Shenwu, SECO/WARWICK, Jiangsu Yanxin, Nachi-Fujikoshi, Changzhou Energy, Primetals Technologies, Aichelin Group, Inductotherm, CEC etc. Top 14 companies occupied about 45% market share.

Market Analysis and Insights: Global Heating Furnace Market
In 2020, the global Heating Furnace market size was US$ 5879.2 million and it is expected to reach US$ 7489.6 million by the end of 2027, with a CAGR of 3.5% during 2021-2027.
Global Heating Furnace Scope and Market Size
Heating Furnace market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Heating Furnace market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.


Segment by Type, the Heating Furnace market is segmented into
Combustion Type
Electric Type


Segment by Application, the Heating Furnace market is segmented into
Metallurgy
Petrochemical Industry
Material Handling
Others

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape

and Heating Furnace Market Share Analysis
Heating Furnace market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Heating Furnace product introduction, recent developments, Heating Furnace sales by region, type, application and by sales channel.

The major companies include:
Andritz
Danieli
Tenova
ALD
Ipsen
Shenwu
SECO/WARWICK
Jiangsu Yanxin
Nachi-Fujikoshi
Changzhou Energy
Primetals Technologies
Aichelin Group
Inductotherm
CEC