Latest Report Update: Dec 27, 2019

U.S. Industrial Process Furnace And Oven Market. Analysis And Forecast to 2030

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U.S.: Overview of the Market for Industrial Process Furnaces And Ovens 2019

Market Size for Industrial Process Furnaces And Ovens in the U.S.

The revenue of the market for industrial process furnaces and ovens in the U.S. amounted to $X in 2018, standing approx. at the previous year. Over the period under review, consumption of industrial process furnaces and ovens continues to indicate slight growth. The pace of growth appeared the most rapid in 2015 when the market value increased by X% y-o-y. In that year, the market for industrial process furnace and oven attained its peak level of $X. From 2016 to 2018, the growth of the market for industrial process furnace and oven failed to regain its momentum.

Production of Industrial Process Furnaces And Ovens in the U.S.

In value terms, production of industrial process furnaces and ovens stood at $X in 2018. Over the period under review, production of industrial process furnaces and ovens continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when production volume increased by X% y-o-y. In that year, production of industrial process furnaces and ovens reached its peak level of $X. From 2015 to 2018, production of industrial process furnaces and ovens growth remained at a lower figure.

Exports of Industrial Process Furnaces And Ovens

Exports from the U.S.

In 2018, the amount of industrial process furnaces and ovens exported from the U.S. stood at X tonnes, picking up by X% against the previous year. Overall, exports of industrial process furnaces and ovens, however, continue to indicate an abrupt reduction. The pace of growth appeared the most rapid in 2018 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2013; however, from 2014 to 2018, exports failed to regain their momentum.

In value terms, exports of industrial process furnaces and ovens totaled $X in 2018. Overall, exports of industrial process furnaces and ovens, however, continue to indicate a drastic downturn. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, exports of industrial process furnaces and ovens attained their peak figure at $X in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China (X tonnes), Viet Nam (X tonnes) and Japan (X tonnes) were the main destinations of exports of industrial process furnaces and ovens from the U.S., with a combined X% share of total exports. These countries were followed by Russia, Bangladesh, India, Brazil, Sweden, South Korea, Malaysia, Chile and Australia, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Bangladesh (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the key foreign market for industrial process furnace and oven exports from the U.S., comprising X% of total exports of industrial process furnaces and ovens. The second position in the ranking was occupied by Viet Nam ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2007 to 2018, the average annual growth rate of value to China stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Viet Nam (+X% per year) and Japan (-X% per year).

Export Prices by Country

In 2018, the average export price for industrial process furnaces and ovens amounted to $X per tonne, surging by X% against the previous year. Overall, the export price for industrial process furnaces and ovens continues to indicate a moderate expansion. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. In that year, the average export prices for industrial process furnaces and ovens reached their peak level of $X per tonne. From 2016 to 2018, the growth in terms of the average export prices for industrial process furnaces and ovens remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Japan ($X per tonne), while the average price for exports to Sweden ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to India, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Industrial Process Furnaces And Ovens

Imports into the U.S.

In 2018, approx. X tonnes of industrial process furnaces and ovens were imported into the U.S.; going up by X% against the previous year. Overall, the total imports indicated a temperate increase from 2013 to 2018: its volume increased at an average annual rate of +X% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, imports of industrial process furnaces and ovens decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. In that year, imports of industrial process furnaces and ovens attained their peak of X tonnes. From 2016 to 2018, the growth of imports of industrial process furnaces and ovens remained at a somewhat lower figure.

In value terms, imports of industrial process furnaces and ovens stood at $X in 2018. Over the period under review, imports of industrial process furnaces and ovens continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when imports increased by X% year-to-year. In that year, imports of industrial process furnaces and ovens reached their peak of $X. From 2016 to 2018, the growth of imports of industrial process furnaces and ovens remained at a somewhat lower figure.

Imports by Country

China (X tonnes), Germany (X tonnes) and Italy (X tonnes) were the main suppliers of imports of industrial process furnaces and ovens to the U.S., with a combined X% share of total imports. These countries were followed by Japan, the UK, India, South Korea, Thailand, Poland, Sweden, Spain and Malaysia, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Thailand (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest industrial process furnace and oven suppliers to the U.S. were Germany ($X), Japan ($X) and China ($X), together accounting for X% of total imports. Italy, the UK, Thailand, Sweden, South Korea, Poland, Malaysia, Spain and India lagged somewhat behind, together accounting for a further X the main suppliers, Thailand (+X% per year) experienced the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average import price for industrial process furnaces and ovens amounted to $X per tonne, remaining stable against the previous year. In general, the import price for industrial process furnaces and ovens continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. The import price peaked at $X per tonne in 2013; however, from 2014 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Sweden ($X per tonne), while the price for India ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Sweden, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Product coverage:
• NAICS 333994 - Industrial process furnace and oven manufacturing

This report provides an in-depth analysis of the market for industrial process furnace and oven in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


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

Country coverage:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

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 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
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

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

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 Import Supplying Countries

8.1
IMPORTS FROM 2013–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2018
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

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2013–2018
Table 3:
Market Value, 2013–2018
Table 4:
Per Capita Consumption In 2013–2018
Table 5:
Imports, In Physical Terms, By Country, 2013–2018
Table 6:
Imports, In Value Terms, By Country, 2013–2018
Table 7:
Import Prices, By Country Of Origin, 2013–2018
Table 8:
Exports, In Physical Terms, By Country, 2013–2018
Table 9:
Exports, In Value Terms, By Country, 2013–2018
Table 10:
Export Prices, By Country Of Destination, 2013–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2018
Figure 2:
Market Value, 2013–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013–2018
Figure 5:
Trade Balance, In Physical Terms, 2013–2018
Figure 6:
Trade Balance, In Value Terms, 2013–2018
Figure 7:
Per Capita Consumption, 2013–2018
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, 2013–2018
Figure 21:
Production, In Value Terms, 2013–2018
Figure 22:
Imports, In Physical Terms, 2013–2018
Figure 23:
Imports, In Value Terms, 2013–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2013–2018
Figure 26:
Imports, In Value Terms, By Country, 2013–2018
Figure 27:
Import Prices, By Country Of Origin, 2013–2018
Figure 28:
Exports, In Physical Terms, 2013–2018
Figure 29:
Exports, In Value Terms, 2013–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2013–2018
Figure 32:
Exports, In Value Terms, By Country, 2013–2018
Figure 33:
Export Prices, By Country Of Destination, 2013–2018

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