May 28, 2019

U.S. Industrial Process Furnace And Oven Market. Analysis And Forecast to 2025

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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 USA

The revenue of the market of industrial process furnaces and ovens in the U.S. amounted to $X in 2018, stabilizing at the previous year. The market value increased an average annual rate of +X% from 2013 to 2018; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2015, with an increase of X% against the previous year. In that year, the market for industrial process furnace and oven attained their peak level of $X. From 2016 to 2018, growth of the market for industrial process furnace and oven failed to regain its momentum.

Production of Industrial Process Furnaces And Ovens in the USA

In value terms, production of industrial process furnaces and ovens stood at $X in 2018. In general, production of industrial process furnaces and ovens continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014, when the output figure increased by X% y-o-y. In that year, the production of industrial process furnaces and ovens attained their peak level of $X. From 2015 to 2018, growth of the production of industrial process furnaces and ovens failed to regain its momentum.

Exports of Industrial Process Furnaces And Ovens

Exports from the USA

Exports of industrial process furnaces and ovens from the U.S. totaled X tonnes in 2018, coming up by X% against the previous year. Overall, exports of industrial process furnaces and ovens continue to indicate a deep deduction. The most prominent rate of growth was recorded in 2018, with an increase of X% y-o-y. The exports peaked of X tonnes in 2013; however, from 2014 to 2018, it stood at a somewhat lower level.

In value terms, exports of industrial process furnaces and ovens stood at $X in 2018. In general, exports of industrial process furnaces and ovens continue to indicate a drastic slump. The exports peaked of $X in 2014; however, from 2015 to 2018, it failed to regain its momentum.

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%.

From 2013 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 ($X) remains the key foreign market for industrial process furnace and oven exports from the U.S., making up X% of total exports of industrial process furnaces and ovens. The second position in the ranking was occupied by Viet Nam ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2013 to 2018, the average annual growth rate of value to China totaled -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 kg, picking up by X% against the previous year. Over the last five years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2015, an increase of X% year-to-year. In that year, the average export prices for industrial process furnaces and ovens reached their peak level of $X per kg. From 2016 to 2018, growth of the average export prices for industrial process furnaces and ovens failed to regain its momentum.

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

From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to India (+X% per year), the export prices for the other major destinations experienced more modest paces of growth.

Imports of Industrial Process Furnaces And Ovens

Imports into the USA

In 2018, approx. X tonnes of industrial process furnaces and ovens were imported into the U.S.; picking up by X% against the previous year. In general, the total imports indicated a moderate 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 throughout the analyzed period. Based on 2018 figures, the imports of industrial process furnaces and ovens decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2015, with an increase of X% against the previous year. In that year, the imports of industrial process furnaces and ovens reached their peak volume of X tonnes. From 2016 to 2018, growth of the imports of industrial process furnaces and ovens stood at a somewhat lower level.

In value terms, imports of industrial process furnaces and ovens totaled $X in 2018. In general, imports of industrial process furnaces and ovens continue to indicate a relatively flat trend pattern. In that year, the imports of industrial process furnaces and ovens reached their peak level of $X. From 2016 to 2018, growth of the imports of industrial process furnaces and ovens failed to regain its momentum.

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. Japan, the UK, India, South Korea, Thailand, Poland, Sweden, Spain and Malaysia lagged somewhat behind, together accounting for a further X%.

From 2013 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, 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. These countries were followed by Italy, the UK, Thailand, Sweden, South Korea, Poland, Malaysia, Spain and India, which together accounted for a further X%.

In terms of the main suppliers, Thailand (+X% per year) experienced the highest rates of growth with regard to imports, over the last five years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for industrial process furnaces and ovens stood at $X per kg in 2018, remaining relatively unchanged against the previous year. Overall, import price for industrial process furnaces and ovens continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2017, when it surged by X% year-to-year. Over the period under review, the average import prices for industrial process furnaces and ovens reached its peak figure level of $X per kg in 2013; however, from 2014 to 2018, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major supplying countries. In 2018, the country with the highest import price was Sweden ($X per kg), while price for India ($X per kg) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by Sweden (+X% per year), the import prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

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

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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