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
Report Attributes | Report Details |
Report Title | Reheating Furnaces Market Research Report |
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) |
By Companies | Ingeteam, SECO / WARWICK, MSE, Thermal, KROSAKI HARIMA, Maestriforni, CM Furnaces, TERRUZZI, Nabertherm, TENOVA |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 248 |
Number of Tables & Figures | 174 |
Customization Available | Yes, the report can be customized as per your need. |
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:
- Ingeteam
- SECO / WARWICK
- MSE
- Thermal
- KROSAKI HARIMA
- Maestriforni
- CM Furnaces
- TERRUZZI
- Nabertherm
- 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:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Reheating Furnaces Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- 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
7. By Application:1. Iron and Steel
2. Cement
3. Non-Ferrous Metals
4. Glass
5. Others (Chemicals, Petrochemicals, and Automotive)
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Reheating Furnaces Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Reheating Furnaces Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Reheating Furnaces Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Reheating Furnaces Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Reheating Furnaces Market Size & Forecast, 2018-2028
4.5.1 Reheating Furnaces Market Size and Y-o-Y Growth
4.5.2 Reheating Furnaces Market Absolute $ Opportunity
Chapter 5 Global Reheating Furnaces Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Reheating Furnaces Market Size Forecast by Type
5.2.1 Walking Hearth Furnaces
5.2.2 Pusher Furnaces
5.2.3 Walking-Beam Furnaces
5.2.4 Refractory Beam Furnace
5.2.5 Tunnel Furnaces
5.2.6 Rotary Hearth Furnaces
5.2.7 Rototherm Furnaces
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Reheating Furnaces Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Reheating Furnaces Market Size Forecast by Applications
6.2.1 Iron and Steel
6.2.2 Cement
6.2.3 Non-Ferrous Metals
6.2.4 Glass
6.2.5 Others (Chemicals
6.2.6 Petrochemicals
6.2.7 and Automotive)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Reheating Furnaces Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Reheating Furnaces Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Reheating Furnaces Analysis and Forecast
9.1 Introduction
9.2 North America Reheating Furnaces Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Reheating Furnaces Market Size Forecast by Type
9.6.1 Walking Hearth Furnaces
9.6.2 Pusher Furnaces
9.6.3 Walking-Beam Furnaces
9.6.4 Refractory Beam Furnace
9.6.5 Tunnel Furnaces
9.6.6 Rotary Hearth Furnaces
9.6.7 Rototherm Furnaces
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Reheating Furnaces Market Size Forecast by Applications
9.10.1 Iron and Steel
9.10.2 Cement
9.10.3 Non-Ferrous Metals
9.10.4 Glass
9.10.5 Others (Chemicals
9.10.6 Petrochemicals
9.10.7 and Automotive)
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Reheating Furnaces Analysis and Forecast
10.1 Introduction
10.2 Europe Reheating Furnaces Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Reheating Furnaces Market Size Forecast by Type
10.6.1 Walking Hearth Furnaces
10.6.2 Pusher Furnaces
10.6.3 Walking-Beam Furnaces
10.6.4 Refractory Beam Furnace
10.6.5 Tunnel Furnaces
10.6.6 Rotary Hearth Furnaces
10.6.7 Rototherm Furnaces
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Reheating Furnaces Market Size Forecast by Applications
10.10.1 Iron and Steel
10.10.2 Cement
10.10.3 Non-Ferrous Metals
10.10.4 Glass
10.10.5 Others (Chemicals
10.10.6 Petrochemicals
10.10.7 and Automotive)
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Reheating Furnaces Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Reheating Furnaces Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Reheating Furnaces Market Size Forecast by Type
11.6.1 Walking Hearth Furnaces
11.6.2 Pusher Furnaces
11.6.3 Walking-Beam Furnaces
11.6.4 Refractory Beam Furnace
11.6.5 Tunnel Furnaces
11.6.6 Rotary Hearth Furnaces
11.6.7 Rototherm Furnaces
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Reheating Furnaces Market Size Forecast by Applications
11.10.1 Iron and Steel
11.10.2 Cement
11.10.3 Non-Ferrous Metals
11.10.4 Glass
11.10.5 Others (Chemicals
11.10.6 Petrochemicals
11.10.7 and Automotive)
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Reheating Furnaces Analysis and Forecast
12.1 Introduction
12.2 Latin America Reheating Furnaces Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Reheating Furnaces Market Size Forecast by Type
12.6.1 Walking Hearth Furnaces
12.6.2 Pusher Furnaces
12.6.3 Walking-Beam Furnaces
12.6.4 Refractory Beam Furnace
12.6.5 Tunnel Furnaces
12.6.6 Rotary Hearth Furnaces
12.6.7 Rototherm Furnaces
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Reheating Furnaces Market Size Forecast by Applications
12.10.1 Iron and Steel
12.10.2 Cement
12.10.3 Non-Ferrous Metals
12.10.4 Glass
12.10.5 Others (Chemicals
12.10.6 Petrochemicals
12.10.7 and Automotive)
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Reheating Furnaces Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Reheating Furnaces Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Reheating Furnaces Market Size Forecast by Type
13.6.1 Walking Hearth Furnaces
13.6.2 Pusher Furnaces
13.6.3 Walking-Beam Furnaces
13.6.4 Refractory Beam Furnace
13.6.5 Tunnel Furnaces
13.6.6 Rotary Hearth Furnaces
13.6.7 Rototherm Furnaces
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Reheating Furnaces Market Size Forecast by Applications
13.10.1 Iron and Steel
13.10.2 Cement
13.10.3 Non-Ferrous Metals
13.10.4 Glass
13.10.5 Others (Chemicals
13.10.6 Petrochemicals
13.10.7 and Automotive)
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Reheating Furnaces Market: Competitive Dashboard
14.2 Global Reheating Furnaces Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ingeteam
14.3.2 SECO / WARWICK
14.3.3 MSE
14.3.4 Thermal
14.3.5 KROSAKI HARIMA
14.3.6 Maestriforni
14.3.7 CM Furnaces
14.3.8 TERRUZZI
14.3.9 Nabertherm
14.3.10 TENOVA