Ceramic Industry News / Firing and Drying

Global Industrial Furnaces and Ovens Market to Reach $12.5 Billion by 2017

According to a new report by Global Industry Analysts Inc., the global industrial furnaces and ovens market is expected to reach $12.5 billion by 2017. Growth in the market will reportedly result primarily from the growing popularity of hybrid furnaces, increasing replacement of old furnaces, availability of new oxygen technologies, and increasing demand from developing countries.

According to the report, the world market for industrial furnaces and ovens is dominated by Europe, followed by the U.S. Asia-Pacific is poised to register the fastest compounded annual growth rate over the analysis period. Segment-wise, industrial electric heating equipment constitutes the largest product segment. The industrial furnace market continues to see increased popularity of hybrid furnaces.

For more information, visit www.strategyr.com.

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.



Image Galleries

2015 Ceramics Expo

Snapshots from the 2015 Ceramics Expo, April 28-30, Cleveland, Ohio. Posted: May 14, 2015.


Ceramics Expo podcast
Editor Susan Sutton discusses the upcoming Ceramics Expo with event director Adam Moore.
More Podcasts

Ceramic Industry Magazine

CI May 2015 cover

2015 May

Our May issue covers bulk batching, pneumatic conveyors, high-temperature furnaces and more! Be sure to check it out today.

Table Of Contents Subscribe

Daily News

We know where you find the latest ceramic industry news (ahem), but where do you catch up on the rest of your daily news?
View Results Poll Archive


M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px


CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!