Global Reheating Furnaces Market by Type (Walking Hearth Furnaces, Pusher Furnaces, Walking-Beam Furnaces, Refractory Beam Furnace, Tunnel Furnaces, Rotary Hearth Furnaces, Rototherm Furnaces), By Application (Iron and Steel, Cement, Non-Ferrous Metals, Glass, Others (Chemicals, Petrochemicals, and Automotive)) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

The Global Reheating Furnaces Market size is projected to grow from USD 1.5 billion in 2021 to USD X.X billion by 2028, at a CAGR of 5.3% from 2017-2028. In terms of type, the market is segmented into walking hearth furnaces, pusher furnaces, walking beam furnaces, and others (refractory beam furnace tunnel furnaces rotary hearth). The application segment includes iron and steel cement non-ferrous metals glass chemicals petrochemicals automotive Others.

Reheating furnaces are used for the heat treatment process. The main function of the reheating furnace is to provide uniform heating and temperature distribution within the load at a predetermined rate in order to maintain required properties like hardness, tensile strength, ductility & toughness, etc. The benefits of reheating furnaces are as follows: Increases the energy efficiency of various types of production processes through uniform heating, Provides excellent temperature control, and saves on fuel costs, Increases productivity, and saves time, Reduces the risk of cracks in metal products, Provides control over oxidation, Helps in controlling the chemical composition of the end product, Provides greater homogeneity throughout the process, Reduces wastage by avoiding rework and instead of producing a higher quality product in one heating cycle, Reduces energy consumption and carbon footprint, Provides the ability to keep a close eye on the healing process at all times through live or real-time monitoring via cameras, image recognition software, etc.

On the basis of Type, the global reheating furnaces market is segmented into Walking Hearth Furnaces, Pusher Furnaces, Walking-Beam Furnaces, Refractory Beam Furnace, Tunnel Furnaces, and Rotary Hearth furnaces.

Walking Hearth Furnaces:

A Walking Hearth Furnace is a large-scale continuous casting machine for melting and holding steel, iron, or aluminum. The material to be cast (billet) is heated in the furnace by burning fuel on an electric arc. It then flows through a graphite mold and forms into ingots that can eventually become castings like pipes, tubes, and screws. The basic concept behind the design is that hot exhaust gases from one part of the process are routed through long masonry paths or "halls" embedded within massive concrete floors before being released into the atmosphere via tall chimneys. This allows more complete combustion than would be possible if all of the gasses were forced directly up a single smokestack without passing through any metal structure first.

Pusher Furnaces:

Pusher Furnaces are one of the most efficient furnaces in terms of energy saving. It saves more than half percent of fuel with respect to other types of furnaces, making it an economical choice for producing steel. Pusher furnaces use electrical power as the main source for heating up material which is also used during preheating time along with natural gas or coke breeze that makes it environment friendly and reduces carbon footprint without compromising on the production rate. This type uses heat transfer technology by pushing solid metal from one end to another through electric resistance coils attached inside its body instead of blowing hot air across the hearth like Walking-Beam Furnace.

Walking-Beam Furnaces:

Walking-beam furnaces are used for continuous casting of steel and other metals. These types of furnaces use a walking beam located over the mold, which is connected to an endless belt that pulls liquid metal from the tundish into a mold below. This process allows manufacturers to produce large quantities of molten metal at one time due to its ability to continuously cast material without shutting down or stopping production.

Refractory Beam Furnace:

Refractory Beam Furnaces are a type of reheating furnace used in the steel industry to produce high-quality steel. A Refractory Beam Furnace consists of two parts: The top section is called “hearth” which is open at both ends and has an electric resistance heating element running through it, while the bottom section where molten iron accumulates is closed at one end with hearth doors opening out on its other side.

Tunnel Furnaces:

Tunnel furnaces are usually used for the continuous processing of steel slabs. In the process, a furnace that heats up to more than 1100 degrees Fahrenheit moves back and forth on rollers through a tunnel-shaped oven where carbon materials burn as part of the heat treatment process. These substances react with iron in order to make them stronger and less porous.

Tunnel Furnaces are used for heating metals to a high temperature, but not melting them. They consist of long tubes that contain the metal products being heated and gases or electricity-generating equipment to heat them up. The tube is usually fitted with either endcap (called hoods) which have access doors where personnel can enter the furnace from both ends to load it and remove finished parts from it.

Rotary Hearth furnaces:

Rotary Hearth furnaces are continuous casting vertical type reheating furnaces. They can be either stationary or rotating, depending on the application requirements and end-product size of the product being manufactured. The rotary hearth furnace heating pattern is similar to that of a rotary kiln, which provides a uniform temperature profile across the cross-section of material during processing. This helps in reducing segregation levels for better quality steel/alloy ingot production.

On the basis of Application, the global reheating furnaces market is segmented into Iron & Steel, Cement, Non-Ferrous Metals, Others.

Iron & Steel:

Reheating furnaces are used in the Iron & Steel industry for reheating ingots/billets produced by the primary steel-making process. The main function of these is to achieve better ductility, homogeneity, and chemical composition in steel products. Reheating furnaces are applied in the iron and steel industry to reheat or re-melt metal as a step prior to casting it into molds. They can reduce energy consumption by about 50% compared with conventional melting furnaces, such as electric arc furnaces (EAF) and open-hearth furnaces (OHF).

Cement:

Reheating furnaces are used in the cement industry to heat raw materials before they begin the process of being made into cement. The reheating furnaces maintain a temperature between 700 and 1100 degrees Celsius depending on how fast it needs to be heated up for this type of application, at which point it is then transferred through either screw conveyors or belt conveyor systems towards bunkers where these materials will later be mixed with other ingredients.

Non-Ferrous Metals:

The non-Ferrous Metals industry has the application of reheating furnaces, which are used to heat metals that contain no iron. They usually use electric arcs or gas flames as a source for heating the materials being processed. These types of furnaces can be placed either above or below the material load in order to provide perfect temperature control throughout processing without burning any product residues. The non-ferrous metals industry uses reheat furnaces to heat the metal materials used in making alloys. The alloy is heated through a furnace so that it can be mixed with other elements and remelted, allowing for more control over its properties.

On the basis of Region, the global reheating furnaces market is segmented into North America (US), Europe (the UK, France & Germany ) Asia Pacific (China & India) Latin America Middle-East, and Africa.

Growth factors For The Global Reheating Furnaces Market:

The increasing demand from end-user industries such as iron and steel, cement, nonferrous metals, glass, etc. has been a major driving factor to fuel the growth of this market. Furthermore, technological advancements in these products have led to an increase in their applications globally due to which it is expected that there will be huge demand over the forecast period. In addition to this, the growing need for energy conservation coupled with stringent regulations related to production processes can result in a higher preference for reheating furnaces among other methods throughout the globe during 2019 – 2025 resulting in a considerable rise of revenue generation by manufacturers leading them towards development & innovation rather than focusing on geographical diversification only.

Up Market Research published a new report titled “Reheating Furnaces Market research report which is segmented by Types (Walking Hearth Furnaces, Pusher Furnaces, Walking-Beam Furnaces, Refractory Beam Furnace, Tunnel Furnaces, Rotary Hearth Furnaces, Rototherm Furnaces), By Applications (Iron and Steel, Cement, Non-Ferrous Metals, Glass, Others (Chemicals, Petrochemicals, and Automotive)), By Players/Companies Ingeteam, SECO / WARWICK, MSE, Thermal, KROSAKI HARIMA, Maestriforni, CM Furnaces, TERRUZZI, Nabertherm, TENOVA”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Reheating Furnaces Market Report Segments:

The market is segmented by Type Walking Hearth Furnaces, Pusher Furnaces, Walking-Beam Furnaces, Refractory Beam Furnace, Tunnel Furnaces, Rotary Hearth Furnaces, Rototherm Furnaces and By Application Iron and Steel, Cement, Non-Ferrous Metals, Glass, Others (Chemicals, Petrochemicals, and Automotive).

Some of the companies that are profiled in this report are:

1. Ingeteam
2. SECO / WARWICK
3. MSE
4. Thermal
5. KROSAKI HARIMA
6. Maestriforni
7. CM Furnaces
8. TERRUZZI
9. Nabertherm
10. TENOVA

Reheating Furnaces Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Reheating Furnaces Market

Overview of the regional outlook of the Reheating Furnaces Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Reheating Furnaces Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Reheating Furnaces Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.
6. By Type:

                1. Walking Hearth Furnaces

                2. Pusher Furnaces

                3. Walking-Beam Furnaces

                4. Refractory Beam Furnace

                5. Tunnel Furnaces

                6. Rotary Hearth Furnaces

                7. Rototherm Furnaces

                1. Iron and Steel

                2. Cement

                3. Non-Ferrous Metals

                4. Glass

                5. Others (Chemicals, Petrochemicals, and Automotive)

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Reheating Furnaces Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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• Correctly Positioning New Products
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Reasons to Purchase the Reheating Furnaces Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.