COVID-19 update included
The content of this report will be updated with the latest scenarios based on the global COVID-19 Pandemic

The global industrial furnaces market size was valued at $10,499.09 million in 2019 and is projected to reach $16,261.9 million by 2026, registering a CAGR of 6.45% from 2020 to 2026. The report offers a breakdown of market shares by product, including Electric Industrial Furnace, Gas/Fuel Industrial Furnace. By application, the industrial furnaces market is classified into Additive Manufacturing, Cement, Chemicals & Petrochemicals, Glass & Ceramics, Metals & Metallurgy. On the basis of region, the industrial furnaces industry is analyzed across North America, Europe, Asia-Pacific, South America and MEA (the Middle East, and Africa).

By Product:

  • Electric Industrial Furnace
  • Gas/Fuel Industrial Furnace



By Application:

  • Additive Manufacturing
  • Cement
  • Chemicals & Petrochemicals
  • Glass & Ceramics
  • Metals & Metallurgy



By region, the market is analyzed across North America, Asia Pacific, Europe, Middle East & Africa and South America. This report forecasts revenue growth at global, regional & country level from 2020 to 2026.

  • North America (U.S., Canada, Mexico, etc.)
  • Asia-Pacific (China, Japan, India, Korea, Australia, Indonesia, Taiwan, Thailand, etc.)
  • Europe (Germany, UK, France, Italy, Russia, Spain, etc.)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, Egypt, Nigeria, UAE, Israel, South Africa, etc.)
  • South America (Brazil, Argentina, Colombia, Chile, Venezuela, Peru, etc.)



The market research report covers the analysis of key stake holders of the industrial furnaces market. Some of the leading players profiled in the report include:

  • ANDRITZ Group
  • Carbolite Gero Ltd
  • Epcon Industrial Systems LP
  • Gasbarre Products, Inc.
  • International Thermal Systems (ITS)
  • Ipsen International Holding GmbH
  • Nutec Bickley, S.A. De C.V.
  • SECO/WARWICK GROUP
  • Thermal Product Solutions LLC (TPS)
  • Thermcraft, Inc.


*list is not exhaustive, request free sample to get a complete list of companies

The base year of the study is 2019, and forecasts run up to 2026.

Research Objective

  • To analyze and forecast the market size of global industrial furnaces market.
  • To classify and forecast global industrial furnaces market based on product, application.
  • To identify drivers and challenges for global industrial furnaces market.
  • To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in global industrial furnaces market.
  • To conduct pricing analysis for global industrial furnaces market.
  • To identify and analyze the profile of leading players operating in global industrial furnaces market.



The report is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. Key target audience are:

  • Manufacturers of industrial furnaces
  • Raw material suppliers
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to industrial furnaces