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Request Now !Annealing is the process of controlled heating and cooling of a material with the objective of altering the microstructure to remove stress, or change properties such as hardness, strength, or ductility. Annealing furnaces cover a broad range of steel and aluminum applications including tempering, normalizing, and aging, and similar automated loading, unloading, and natural or forced cooling is possible with roller hearth, tip-up, or batch arrangements.Annealing is a heat treatment process that is provided to metals to change the physical or chemical properties of a metal to reduce its hardness and make it more ductile. Annealing furnace is an equipment used for heating metals for casting and strong melting. It has property of changing the physical shape of the metal through forging and rolling and converts or changes the properties of the metal through heat treatment. Annealing furnaces are mainly used in industries such as construction and automotive to heat-treat metals. An annealing furnace has three stages-recovery, recrystallization, and grain growth. Recovery is the first stage and occurs at lower temperatures in which the metal is softened by the removal of linear defects called dislocations. In the recrystallization stage, new strain-free grains nucleate and grow to replace those that were removed in the recovery state; grain growth is the last stage where further heat treatment is given to the material. Key application areas of annealing furnaces are petrochemical industry, material handling, and metallurgy. The global annealing furnaces market is expected to expand at a rapid pace during the forecast period owing to increase in the demand for annealing furnaces in different industries such as construction and automotive.
Market scope and structure analysis:
Report Metric | Details |
Market size available for years | 2019–2027 |
Base year considered | 2019 |
Forecast period | 2020–2027 |
Forecast units | Value (USD Million) |
Segments covered | Type, Application, End-user, and Region |
Regions covered | North America (U.S. and Canada), Europe (Germany, UK, France, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific), LAMEA (Latin America, Middle East, and Africa) |
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The main purpose of annealing surface is to maintain the temperature for increasing the ductility of metal, which changes according to requirement. Continuous demand due to its use in steel and iron industry affect their market growth. High cost of annealing surface machine hampers the market growth.
There is an increase in the adoption of annealing surface machine due to demand for fabricated metals in the automobile industry.Rise in investments in smart factories are projected to propel the growth of the global annealing furnaces market across the globe. Growth in consumption of steel and iron in the infrastructure sector in developing countries is projected to increase the growth of the global annealing furnaces market in developing countries in the next few years.
Nowadays preference of newer technologies over earlier is Increasing replacement of old annealing furnaces, availability of new oxygen technologies, and rise in popularity of hybrid annealing furnaces are some other factors estimated to fuel the growth of the global annealing furnaces market between 2019 and 2027. Metal and steel processing sectors offer lucrative opportunities to the global annealing furnaces market. This factor is anticipated to propel the demand for annealing furnaces in the near future.
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