Rotary Tube Furnace: Introduction
- Rotary tube furnace is a type of heat-treating circular furnace. It rotates during the heat-treatment process. Product samples are transported with the help of rotary tubes in a circular path as they are heated.
- Rotary tube furnaces generally burn solid, pulverized, liquid, and gaseous fuel into its working section, post which, the heating gases created flow toward the sample.
Key Drivers of the Global Rotary Tube Furnace Market
- Rotary tube furnaces have a maximum operating temperature of 1150 °C. In a normal scenario, a rotary tube furnace operates in 650 °C - 1050 °C temperature. The product finds utility in different manufacturing segments for metal melting work as a result of its high temperature operations. This is one of the key features which drives the product demand in end-use segments.
- The inclination angle of a rotary tube is adjustable. It has the ability to be adjusted up to 10° of its normal angle. As a safety feature, manufacturers incorporate a safety switch with rotary tube furnaces. This automatically stops rotation if the furnace is opened.
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Rising Demand from Metal Processing Industry to Create New Market Opportunities
- The global metal processing industry is likely to expand at a high CAGR in the coming years. North America and Asia Pacific have significant opportunities for the growth of the aerospace industry; this is projected to create significant opportunities in the rotary tube furnace market.
Fluctuation in Raw Material Prices to Restrict Market Growth
- The global metal price is changing every year. This factor is anticipated to restrict the growth of the rotary tube furnace market in the coming years.
Asia Pacific the Dominant Market for Rotary Tube Furnaces
- Asia Pacific is projected to be the fastest growing rotary tube furnace market over the forecast period 2020 to 2030. Rising investment in several end-use industries coupled with increasing usage of glass processing in food and beverage industries of developing economies such as China and India is driving market growth.
- However, complications in the product manufacturing process decreases the entry of small scale manufacturing units in developing economies.
Key Players Operating in the Global Market
The global rotary tube furnace market is slightly fragmented in nature. Key market participants are signing strategic partnerships and taking strategic merger and acquisition decisions to increase their global market reach. Companies are working on developing machinery with advanced technology which can decrease the entire processing time.
Few of the key players operating in the global rotary tube furnace market are listed below:
- Carbolite Gero
- CM Furnaces
- Deltech Furnaces Inc
- Henan Chengyi Equipment
- Kejia Furnace Co., Ltd.
- LINN HIGH THERM GMBH
- MSE Teknoloji Ltd
- MTI Corporation
- MUT Advanced Heating GmbH
- Sentro Tech
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Global Rotary Tube Furnace Market: Research Scope
Global Rotary Tube Furnace Market, by Product Type
- Single Zone Rotary Tube Furnaces
- Dual Zone Rotary Tube Furnaces
- Multi Zone Rotary Tube Furnaces
Global Rotary Tube Furnace Market, by Autonomy Type
Global Rotary Tube Furnace Market, by Region
- North America
- Rest of North America
- Western Europe
- Nordic countries
- Rest of Western Europe
- Eastern Europe
- Rest of Eastern Europe
- Asia Pacific
- New Zealand
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- North Africa
- Rest of Middle East & Africa
- Latin America
- Rest of Latin America
The report on the global rotary tube furnace market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on market segments and regions.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.