Industrial furnace

Modernization and Sustainability Driving Global Industrial Furnace Markets - Forecast to 2031

Retrieved on: 
Tuesday, October 24, 2023

The increasing emphasis on energy efficiency and sustainability has emerged as a key driver in the industrial furnace market.

Key Points: 
  • The increasing emphasis on energy efficiency and sustainability has emerged as a key driver in the industrial furnace market.
  • The Asia Pacific region is expected to witness the highest compound annual growth rate (CAGR) during the forecast period from 2023 to 2031 in the industrial furnace market.
  • These top players in the industrial furnace market invest heavily in research and development to introduce new technologies and improve furnace performance.
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Industrial Furnace market worldwide?

Global Industrial Furnace Strategy Business Report 2023: Market to Reach $23.1 Billion by 2030 - Gas / Fuel Operated Furnaces to Account for $15 Billion

Retrieved on: 
Wednesday, September 20, 2023

DUBLIN, Sept. 20, 2023 /PRNewswire/ -- The "Industrial Furnace - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Sept. 20, 2023 /PRNewswire/ -- The "Industrial Furnace - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • The global market for Industrial Furnace estimated at US$12.7 Billion in the year 2022, is projected to reach a revised size of US$23.1 Billion by 2030, growing at a CAGR of 7.7% over the analysis period 2022-2030.
  • The global industrial furnace market is experiencing substantial growth, with significant market segments and diverse geographical regions contributing to its expansion.
  • Gas / Fuel Operated, one of the segments analyzed in the report, is projected to record 7.7% CAGR and reach US$15 Billion by the end of the analysis period.

Wood-Pellets Market Size to Reach USD 8943.2 Million by 2028 at CAGR 6.1% - Valuates Reports

Retrieved on: 
Monday, January 17, 2022

The global Wood-Pellets market size is estimated to be worth USD 6269.1 Million in 2022 and is forecast to be a readjusted size of USD 8943.2 Million by 2028 with a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period.

Key Points: 
  • The global Wood-Pellets market size is estimated to be worth USD 6269.1 Million in 2022 and is forecast to be a readjusted size of USD 8943.2 Million by 2028 with a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period.
  • Wood pallets are utilized in industry for power generation as well as in civil applications such as home heating and pellet stoves.
  • Trends Influencing The Growth Of The Wood-Pellets Market:
    Wood pellets are one of the most eco-friendly solid wood fuels available.
  • Based on type, the White pellet is expected to hold the largest market share of about 97% during the forecast period.

Wood-Pellets Market Size to Reach USD 8943.2 Million by 2028 at CAGR 6.1% - Valuates Reports

Retrieved on: 
Monday, January 17, 2022

The global Wood-Pellets market size is estimated to be worth USD 6269.1 Million in 2022 and is forecast to be a readjusted size of USD 8943.2 Million by 2028 with a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period.

Key Points: 
  • The global Wood-Pellets market size is estimated to be worth USD 6269.1 Million in 2022 and is forecast to be a readjusted size of USD 8943.2 Million by 2028 with a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period.
  • Wood pallets are utilized in industry for power generation as well as in civil applications such as home heating and pellet stoves.
  • Trends Influencing The Growth Of The Wood-Pellets Market:
    Wood pellets are one of the most eco-friendly solid wood fuels available.
  • Based on type, the White pellet is expected to hold the largest market share of about 97% during the forecast period.

North America to gain 37% growth in Space Heaters Market Growth during 2020-2024 - A Technavio Exclusive Report

Retrieved on: 
Tuesday, March 9, 2021

A latest market research report titled "Space Heaters Market by Product (Fan heaters, Convection heaters, Radiant heaters, and Ceramic heaters) and Geography (APAC, Europe, MEA, North America, and South America).- Forecast and Analysis 2020-2024", published by Technavio forecasts the market to grow by USD 948.09 million, at a CAGR of 4.24% during the forecast period.

Key Points: 
  • A latest market research report titled "Space Heaters Market by Product (Fan heaters, Convection heaters, Radiant heaters, and Ceramic heaters) and Geography (APAC, Europe, MEA, North America, and South America).- Forecast and Analysis 2020-2024", published by Technavio forecasts the market to grow by USD 948.09 million, at a CAGR of 4.24% during the forecast period.
  • Based on product, the space heaters market is segmented into fans heaters, convection heaters, radiant heaters, and ceramic heaters.
  • Based on geography, the space heaters market is segmented into APAC, Europe, MEA, North America, and South America.
  • Fired Heaters Market by End-user (Oil and gas, Chemicals, and Others) and Geography (APAC, North America, Europe, MEA, and South America).

World's First Continuous Gas Combustion-type Furnace "C-SERT-RHK" for Making Lithium-ion Battery Electrodes Put on Sale by Noritake, Tokyo Gas and TGES

Retrieved on: 
Thursday, August 27, 2020

C-SERT-RHK is created by the fusion of Noritake's firing furnace technology(*4) and Tokyo Gas/TGES gas combustion technology(*5) exclusively for continuous gas combustion-type furnaces by deploying TGES' special ceramic radiant tube burner.

Key Points: 
  • C-SERT-RHK is created by the fusion of Noritake's firing furnace technology(*4) and Tokyo Gas/TGES gas combustion technology(*5) exclusively for continuous gas combustion-type furnaces by deploying TGES' special ceramic radiant tube burner.
  • However, by combining the three companies' technologies, they have overcome the problems and succeeded in commercializing this product.
  • Since this phenomenon exhausts the atoms that make up the ceramic, the life of the general-purpose ceramic heater is shortened significantly.
  • (*7) Lithium attack: a phenomenon in which highly corrosive lithium contained in cathode materials melts, adheres to, and damages furnace walls and heating equipment (gas burners and electric heaters)