U.S. Industrial Process Furnace and Oven Market Shows a Slightly Increasing Output

Ovens, Furnaces And Furnace Burners June 26, 2018
U.S. Industrial Process Furnace And Oven Market. Analysis And Forecast to 2025

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IndexBox has just published a new report "U.S. Industrial Process Furnace And Oven Market. Analysis And Forecast to •••". Here is a summary of the report’s key findings.

The U.S. Industrial Process Furnace and Oven Market Reached $••• Billion

In 2016, the industrial process furnace and oven market reached ••• million USD. According to IndexBox estimates, over the past seven year period, the industrial process furnace and oven market recorded steady growth, following a significant •••% contraction of the sector's market volume in 2009, during the throes of the international financial crisis. Despite this sizeable decline in the market, however, the U.S. industrial process furnace and oven market volume had already regained its pre-crisis performance figures in 2012. 

The U.S. Market of Industrial Process Furnaces and Ovens to Expand Moderately

U.S. growth in industrial process furnace and oven consumption is expected to grow with an anticipated CAGR of +•••% in the medium term, against the current economic recovery and a surge in demand from the metallurgy and construction industries. The slowdown in the market’s rates of growth are mainly due to the sluggish pace of expansion currently being seen in these sectors, as well as in the economy overall. 

U.S. Industrial Process Furnace and Oven Output Increased Slightly

The production of U.S. industrial process furnace and oven manufacturing increased by •••% to ••• million USD in 2016. Production dynamics went hand in hand with that of consumption from 2007 to 2016. 

China, Mexico and Canada Were the Main Export Destinations for U.S. Industrial Process Furnaces and Ovens

The U.S. exported ••• million USD of industrial process furnaces and ovens in 2016, which accounted for •••% of the total output. Exports values recorded a mixed trend patterm. After the decline in 2009, figures recovered over the next two years, experiencing a downturn, however, from 2012 to 2016.

In 2016, the main destinations for U.S. industrial process furnace and oven exports were China (•••% based on USD), Mexico (•••%) and Canada (•••%). Mexico recorded the highest annual average rate of growth in terms of imports (+•••%) amongst the leaders from 2007 to 2016. By contrast, China (-•••%) showed a negative dynamic from 2007 to 2016.

The shares exported to Canada (+••• percentage points) and Mexico (+••• percentage points) increased, while the share sent to China(-••• percentage points) illustrated a negative dynamic throughout the analyzed period. 

Germany, Japan, and China Were Key Suppliers of Industrial Process Furnaces and Ovens into the U.S.

The value of total U.S. industrial process furnace and oven imports totalled ••• million USD in 2016. The U.S. industrial process furnace and oven market remained dependent on import supplies from those countries overseas specializing in the manufacture of industrial process furnaces and ovens. The share of imports in consumption stood at •••% in 2016, remaining relatively stable over the period under review.

Germany (•••% based on USD), Japan (•••%), China (•••%) and Canada (•••%) were the main suppliers of total industrial process furnaces and ovens into the U.S., with a combined share of •••% of total U.S. imports in 2016. China (+•••% per year) was the fastest growing supplier from 2007 to 2016. Moreover, China (+••• percentage points) strengthened its position in terms of U.S. imports from 2007 to 2016. By contrast, Japan (-••• percentage points) and Canada (-••• percentage points) saw their shares reduced by –••• percentage points and -••• percentage points, respectively.

Do you want to know more about the U.S. industrial process furnace and oven market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • industrial process furnace market share
  • industrial process furnace prices
  • industrial process furnace industry
  • industrial process furnace sales
  • industrial process furnace import
  • industrial process furnace export
  • industrial process furnace market forecast
  • industrial process furnace price forecast
  • key industrial process furnace producers

Source: U.S. Industrial Process Furnace And Oven Market. Analysis And Forecast to •••

Product coverage:
Industrial furnaces and ovens (excluding cremating ovens), and electric industrial heating equipment

The report provides on a comprehensive analysis of the U.S. industrial process furnace and oven market. It exhibits the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains current data on the biggest players in the industry.

Countries coverage: the U.S.

Companies mentioned:
ASC Process Systems,
Ipsen,
Indel,
Chromalox,
Linde Engineering North America Inc.,
Fives North American Combustion,
Verdun,
Tpi Corporation,
Durex International Corp.,
Seco/Warwick Corporation,
Harper International Corporation,
Heatron,
Tempco Electric Heater Corporation,
Al-Jon Manufacturing,
Laars Heating Systems Company,
Industrial Engineering and Equipment Company,
Warren Steel Holdings,
Schmid Thermal Systems,
Infratrol Manufacturing Corp.,
Belco Industries,
Ebner Furnaces,
Austin-Westran,
CMI Industry Americas Inc.,
I Cerco,
Inductotherm Corporation,
Backer Ehp,
C.A. Litzler Holding Company,
Despatch Industries Limited Partnership,
Rowan Technologies,
Watlow Electric Manufacturing Company,
T T X Holdings,
API Heat Transfer Thermasys Corporation

Data coverage:
• Industrial process furnace and oven market size;
• Industrial process furnace and oven production, value of shipments;
• Key market players and their profiles;
• Exports, imports and trade balance;
• Import and export prices;
• Forecast of the market dynamics in the medium term;
• Key industry statistics;
• Life cycle of the industrial process furnace and oven industry;
• Number of establishments and their locations;
• Employment data;
• Industrial process furnace and oven industry productivity.

Reasons to buy this report:
• Take advantage of the latest data;
• Find deeper insights into current market developments;
• Discover vital success factors affecting the market.

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues

1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
MAKING DATA-DRIVEN DECISIONS TO GROW YOUR BUSINESS
1.1 REPORT DESCRIPTION
1.2 RESEARCH METHODOLOGY AND AI PLATFORM
1.3 DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4 GLOSSARY AND SPECIFIC TERMS

2. EXECUTIVE SUMMARY
A QUICK OVERVIEW OF MARKET PERFORMANCE
2.1 KEY FINDINGS
2.2 MARKET TRENDS

3. MARKET OVERVIEW
UNDERSTANDING THE CURRENT STATE OF THE MARKET AND ITS PROSPECTS
3.1 MARKET SIZE
3.2 MARKET STRUCTURE
3.3 TRADE BALANCE
3.4 PER CAPITA CONSUMPTION
3.5 MARKET FORECAST TO 2025

4. MOST PROMISING PRODUCTS
FINDING NEW PRODUCTS TO DIVERSIFY YOUR BUSINESS
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION
4.1 TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2 BEST-SELLING PRODUCTS WORLDWIDE
4.3 MOST CONSUMED PRODUCT WORLDWIDE
4.4 MOST TRADED PRODUCT
4.5 MOST PROFITABLE PRODUCT FOR EXPORT

5. MOST PROMISING SUPPLYING COUNTRIES
CHOOSING THE BEST COUNTRIES TO ESTABLISH YOUR SUSTAINABLE SUPPLY CHAIN
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION
5.1 TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2 TOP PRODUCING COUNTRIES
5.3 TOP EXPORTING COUNTRIES
5.4 LOW-COST EXPORTING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS
CHOOSING THE BEST COUNTRIES TO BOOST YOUR EXPORTS
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION
6.1 TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2 TOP CONSUMING MARKETS
6.3 UNSATURATED MARKETS
6.4 TOP IMPORTING MARKETS
6.5 MOST PROFITABLE MARKETS

7. PRODUCTION
THE LATEST TRENDS AND INSIGHTS INTO THE INDUSTRY
7.1 PRODUCTION VOLUME AND VALUE

8. IMPORTS
THE LARGEST IMPORTERS ON THE MARKET AND HOW THEY SUCCEED
8.1 IMPORTS FROM 2007–2017
8.2 IMPORTS BY COUNTRY
8.3 IMPORT PRICES BY COUNTRY

9. EXPORTS
THE LARGEST EXPORTERS ON THE MARKET AND HOW THEY SUCCEED
9.1 EXPORTS FROM 2007–2017
9.2 EXPORTS BY COUNTRY
9.3 EXPORT PRICES BY COUNTRY

10. PROFILES OF MAJOR PRODUCERS
THE LARGEST PRODUCERS ON THE MARKET AND THEIR PROFILES
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION

LIST OF TABLES
Table 1: Key Findings In 2017
Table 2: Market Volume, In Physical Terms, 2007–2017
Table 3: Market Value, 2007–2017
Table 4: Per Capita Consumption In 2007-2017
Table 5: Imports, In Physical Terms, By Country, 2007–2017
Table 6: Imports, In Value Terms, By Country, 2007–2017
Table 7: Import Prices, By Country Of Origin, 2007–2017
Table 8: Exports, In Physical Terms, By Country, 2007–2017
Table 9: Exports, In Value Terms, By Country, 2007–2017
Table 10: Export Prices, By Country Of Destination, 2007–2017

LIST OF FIGURES
Figure 1: Market Volume, In Physical Terms, 2007–2017
Figure 2: Market Value, 2007–2017
Figure 3: Market Structure – Domestic Supply Vs. Imports, In Physical Terms, 2007-2017
Figure 4: Market Structure – Domestic Supply Vs. Imports, In Value Terms, 2007-2017
Figure 5: Trade Balance, In Physical Terms, 2007-2017
Figure 6: Trade Balance, In Value Terms, 2007-2017
Figure 7: Per Capita Consumption, 2007-2017
Figure 8: Market Forecast To 2025
Figure 9: Products: Market Size And Growth, By Type
Figure 10: Products: Average Per Capita Consumption, By Type
Figure 11: Products: Exports And Growth, By Type
Figure 12: Products: Export Prices And Growth, By Type
Figure 13: Production Volume And Growth
Figure 14: Exports And Growth
Figure 15: Export Prices And Growth
Figure 16: Market Size And Growth
Figure 17: Per Capita Consumption
Figure 18: Imports And Growth
Figure 19: Import Prices
Figure 20: Production, In Physical Terms, 2007–2017
Figure 21: Production, In Value Terms, 2007–2017
Figure 22: Imports, In Physical Terms, 2007–2017
Figure 23: Imports, In Value Terms, 2007–2017
Figure 24: Imports, In Physical Terms, By Country, 2017
Figure 25: Imports, In Physical Terms, By Country, 2007–2017
Figure 26: Imports, In Value Terms, By Country, 2007–2017
Figure 27: Import Prices, By Country Of Origin, 2007–2017
Figure 28: Exports, In Physical Terms, 2007–2017
Figure 29: Exports, In Value Terms, 2007–2017
Figure 30: Exports, In Physical Terms, By Country, 2017
Figure 31: Exports, In Physical Terms, By Country, 2007–2017
Figure 32: Exports, In Value Terms, By Country, 2007–2017
Figure 33: Export Prices, By Country Of Destination, 2007–2017