Allied Market Research
Loading...
Cart
0
PURCHASE OPTIONS

Start reading ,This title and over 12000 thousand more,available with Avenue Library, T&C*

Allied Market Research

Annealing Furnaces Market - Global Opportunity Analysis and Industry Forecast, 2020 –2027

A08152
Pages: NA
Jun 2021 | 134 Views
 
Author(s) : NA
Tables: NA
Charts: NA
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Annealing Furnaces Market

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)

  Companies covered

  • Bodycote plc
  • Abbott Furnace
  • Nutec Bickley, S.A de C.V.
  • CEC
  • Carbolite Gero Ltd.
  • Gautschi Engineering GmbH
  • Nippon Steel Engineering Co., Ltd.

                            

COVID-19 -19 impact on industry -

  • COVID-19 pandemic has shut-down the production of various products in the annealing furnaces industry, mainly owing to the prolonged lockdown in major global countries. This has hampered the growth of the annealing furnaces market significantly from last few months, as it is anticipated to continue during 2020.
  • COVID-19 has already affected the sales of equipment and machinery in the first quarter of 2020 and is projected to cause a negative impact on the market growth throughout the year.
  • The major demand for equipment and machinery was previously noticed from giant manufacturing countries including the U.S., Germany, Italy, the UK, and China, which is badly affected by the spread of coronavirus, thereby halting the demand for equipment and machinery.
  • Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Equipment and machinery companies can afford a full lockdown only for a few months, after which the players would have to modify their investment plans.
  • Equipment and machinery manufacturers must focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

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.

Increase in consumption in developing countries

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.

Availability of new oxygen technologies

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.

Key segments covered:

Segments

Sub-segments

Type

  • Wire Annealing Furnace
  • Tube and Bar Annealing Furnace

Application

  • Carbon Steel
  • Casing
  • Rods
  • Round Bars
  • Tubes

End User

  • Automotive
  • Aerospace
  • Foundries/Forging
  • Tube Manufacturers
  • Aluminum Producers
  • Steel Bars/Steel Forging

 

Key benefits of the report:

  • This study presents the analytical depiction of the annealing furnaces market along with the current trends and future estimations to determine the future of the market
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the annealing furnaces market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to annealing furnaces market growth scenario.
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
PURCHASE OPTIONS

Start reading ,This title and over 12000 thousand more,available with Avenue Library, T&C*

Reach out to us

Call us on
( U.S. - Canada toll free )
+1-800-792-5285,   
Int'l : +1-503-894-6022
( Europe )
+ 44-845-528-1300
Drop us an email at
help@alliedmarketresearch.com

 
Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.

RELATED TAGS

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Annealing Furnaces Market- Global Opportunity Analysis and Industry Forecast, 2020 –2027

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $8,995  $8,096
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Start reading.
    This title and over 12,000+ are available on the Avenue Library. T&C*.

    Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers