IndexBox has just released a new report "U.S. Industrial Process Furnace And Oven Market. Analysis And Forecast to 2025".
According to the report, the value of industrial process furnace and oven production in the U.S. amounted to $2.4B in 2016, shrinking by -7.5% Y-o-Y. Overall, the U.S. industrial process furnace and oven output pursued a mild decline from 2007 to 2016. The total output figures decreased at an average annual rate of -0.3%. The trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most significant growth was recorded in 2010, when the value of production increased by +16% against the previous year level. Over the period under review, the output figure with regard to industrial process furnace and oven in the United States peaked at $2.6B in 2014, leveling off in the following year.
This report is designed to provide accurate and comprehensive data, as well as a detailed analysis of the current state and midterm prospects of the U.S. industrial process furnace and oven industry. It includes a market overview, which consolidates the key conclusions made from the analysis of the market study, revealing actionable insights in the industrial process furnace and oven industry. The report provides a forecast of the expected changes in the industrial process furnace and oven market in coming years, based on historical trends, external and internal factors, and the main developments affecting the market. Each section contains an in-depth analysis of the data provided. Further data in the report includes: the historical values and current projections regarding production and consumption volume, datasets on the industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
The trade section provides data on trade partners, such as historical data on imports & exports for each partner country, changes in the direction of trade, as well as import & export prices. An analysis of the industrial process furnace and oven trade shows the opportunities that are currently evolving for producers and suppliers in a changing market.
Product coverage: Industrial furnaces and ovens (excluding cremating ovens), and electric industrial heating equipment.
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.
IndexBox’s methodology consists of obtaining information from a list or highly reliable sources (both paid and open), which include, but are not limited to:
- International official statistical agencies
- Governmental statistical agencies
- Official trade statistics
- Paid trade databases
- Industrial associations
- Company reports
- Industry experts
The AI platform, developed by IndexBox data scientists, compares the disparate pieces of information gathered from various sources, using the relevant methods of data cleaning, categorization, normalization, and predictive modelling for each unique situation. The market trends are provided by our experienced analysts, taking into account recent notable events in the market, in both adjacent and related markets, the raw materials markets, and in those markets, which are the main demand creators for the product under research. The forecast is created using a set of predictive and analytical models, mainly by processing country-by-country data on consumption, production, exports, imports and prices, as well as industry, economic and consumption trends, in addition to possible political and technological trends patterns.
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