Jun 16, 2022   SOURCE: BusinessWire

Global Industrial Oven Market Report to 2031 - by Product, Process, Heating Medium, and End-user Industry - ResearchAndMarkets.com

The "Industrial Oven Market: Global Opportunity Analysis and Industry Forecast, 2022-2031" report has been added to ResearchAndMarkets.com's offering.

The global industrial oven market size was valued at $9,422.1 million in 2020, and is projected to reach $15,967.7 million by 2031, registering a CAGR of 4.5% from 2022 to 2031.

The food production & processing segment generated the highest revenue in 2020, and is projected to continue to dominate the market throughout the analysis period.

An industrial oven plays a strategic role in multiple high-tech industries such as electronics and chemicals. 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 &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 oven are provided with vertical hot air or cross air flow system to maintain a uniform temperature. Heat is generated by means of electric, infrared heaters, steam, thermic fluid, oil or gas fired system, and other sources.

Key Benefits

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the industrial oven market analysis from 2020 to 2031 to identify the prevailing market opportunities
  • The market research is offered along with information related to key drivers, restraints, and industrial oven market opportunities
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network
  • In-depth analysis of the industrial oven market segmentation assists to determine the prevailing market opportunities
  • Major countries in each region are mapped according to their revenue contribution to the global market industry
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players
  • The report includes the analysis of the regional as well as global industrial oven market trends, key players, market segments, application areas, and industrial oven market growth strategies

Key Market Segments

By Product

  • Curing Ovens
  • Baking Ovens
  • Drying Ovens
  • Reflow Ovens
  • Others

By Process

  • Batch
  • Continuous

By Heating Medium

  • Electric Heat
  • Fuel- & Gas-fired
  • Infrared Heaters
  • Others

By End-user Industry

  • Food Production & Processing
  • Chemical Processing
  • Electricals & Electronics
  • Automotive & Aerospace
  • Pharmaceuticals
  • Others

By Region

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • Spain
  • UK
  • Italy
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Turkey
  • South Africa
  • Rest of LAMEA

Companies Mentioned

  • ASC Process Systems
  • Harper International
  • Eastman Manufacturing Ltd.
  • Rowan Technologies
  • Wisconsin Oven Corporation.
  • JPW Ovens and Furnaces
  • Davron Technologies
  • Grieve Corporation
  • JLS Ovens
  • Steelman Industries, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/6lfllq