Jul 2, 2018   SOURCE: BusinessWire

Global Industrial Oven Market Analysis & Industry Forecast 2017-2023, With an Expected CAGR of 6.2% - ResearchAndMarkets.com

The "Industrial Oven Market by Product, and End-user Industry - Global Opportunity Analysis and Industry Forecast, 2017-2023" report has been added to ResearchAndMarkets.com's offering.

The global industrial ovens market was valued at $8,469 million in 2016, and is projected to reach $12,897 million in 2023, growing at a CAGR of 6.2%.

An industrial oven plays a strategic role in multiple high-tech industries such as electronics and chemicals, and others It is used to cure exotic materials in the laboratory so that ultra-light and super-strong materials can be processed, bake sand cores in the foundry to develop modern castings, mass-produce delightful pastries at commercial bakeries, preheat metals and other materials for anti-corrosion coatings, and function as diffusion furnaces for semiconductors used in computers.

Industrial batch ovens are generally used for drying/heating/baking/roasting/curing/ageing of chemicals, pharmaceuticals, food products, PVC, plastics, dyes, paints, painted equipment, PCB, paper pulp, compound, tobacco, abrasives, powder coating, asbestos, footwear, and various other products. These industrial ovens are provided with vertical hot air or cross air flow system to maintain a uniform temperature.

The global industrial ovens market is segmented on the basis of product, process, heating medium, end-user industry, and geography. Based on product, the market is classified into curing, baking, drying, and reflow ovens. On the basis of process, it is bifurcated into batch and continuous. Depending on heating medium, the market is categorized into electric heat, fuel- & gas-fired, infrared heaters, and others.

Companies Mentioned

  • ASC Process Systems
  • Harper International
  • Eastman Manufacturing Ltd.
  • Rowan Technologies (FMC Biopolymer)
  • Wisconsin Oven Corporation
  • JPW Ovens & Furnaces
  • Davron Technologies
  • Grieve Corporation
  • JLS Ovens SA
  • Steelman Industries, Inc.

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Executive Summary

Chapter 3 Market Overview

Chapter 4 Industrial Oven Market, By Product

Chapter 5 Industrial Oven Market, By Process

Chapter 6 Industrial Oven Market, By Heating Medium

Chapter 7 Industrial Oven Market, By End-User Industry

Chapter 8 Industrial Oven Market, By Geography

Chapter 9 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/cz4925/global_industrial?w=4