The U.S. takes a 10% share (based on USD) of global industrial process furnace and oven exports, which put it in fourth place, following Germany (16%), China (13%), and Italy (12%). In 2015, U.S. exports of industrial process furnaces and ovens totaled 969 million USD, which was almost equal to the previous year’s figure.
From 2007 to 2015, U.S. industrial process furnace and oven exports showed mixed dynamics. A significant drop in 2009 was followed by recovery growth over the next three years, until exports decreased again in 2012. Since 2013, exports have recorded relatively stable dynamics.
In 2015, U.S. exports of industrial process furnaces and ovens reached the pre-recession level of 2008. However, after a decline in the recent years, exports suffered a setback to a level significantly below the pre-recession peaks.
As U.S. companies worsened their positions on foreign markets, domestic manufacturers could hardly enjoy a new growth driver from overseas demand.
In 2015, China (16%), Mexico (14%), and Canada (12%) were the main destinations of U.S. industrial process furnace and oven exports. The share exported to Mexico increased by +6 percentage points, while the share sent to China illustrated negative dynamics (-6 percentage points) between 2007 and 2015.
From 2007 to 2015, the U.S. was a net exporter of industrial process furnaces and ovens. However, imports grew faster than exports on average over the period under review.
Before 2012, U.S. net exports of industrial process furnaces and ovens showed a growth trend, running a surplus of around 591 million USD in 2011. Over the years, however, that surplus has dwindled, dropping to only 32 million USD in 2015.
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“U.S. Industrial Process Furnace And Oven Market. Analysis And Forecast to 2020” provides an in-depth analysis of the U.S. industrial process furnace and oven market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
Countries coverage: the U.S.
- Market size;
- Domestic production, value of shipments;
- Key market players and their profiles;
- Exports, imports and trade balance;
- Import and export prices;
- Forecast of the market dynamics in the medium term;
- Key industry statistics;
- Life cycle of the industry;
- Number of establishments and their locations;
- Employment data;
- Industry productivity.
Product coverage: Industrial furnaces and ovens (excluding cremating ovens), and electric industrial heating equipment
Companies mentioned: ASC Process Systems, Ipsen, Indel, Chromalox, Linde Engineering North America Inc., Fives North American Combustion, Verdun, Tpi Corporation, Durex International Corp., Seco/Warwick Corporation, Harper International Corporation, Heatron, Tempco Electric Heater Corporation, Al-Jon Manufacturing, Laars Heating Systems Company, Industrial Engineering and Equipment Company, Warren Steel Holdings, Schmid Thermal Systems, Infratrol Manufacturing Corp., Belco Industries, Ebner Furnaces, Austin-Westran, CMI Industry Americas Inc., I Cerco, Inductotherm Corporation, Backer Ehp, C.A. Litzler Holding Company, Despatch Industries Limited Partnership, Rowan Technologies, Watlow Electric Manufacturing Company, T T X Holdings, API Heat Transfer Thermasys Corporation
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TABLE OF CONTENTS
1.1 REPORT DESCRIPTION
1.2 REPORT STRUCTURE
1.3 RESEARCH METHODOLOGY
2. EXECUTIVE SUMMARY
2.1 KEY FINDINGS
2.2 MARKET TRENDS
3. MARKET OVERVIEW
3.1 MARKET VALUE
3.2 TRADE BALANCE
3.3 MARKET OPPORTUNITIES
3.4 MARKET FORECAST TO 2020
4. DOMESTIC PRODUCTION
4.1 PRODUCTION IN 2008-2015
4.2 PRODUCTION BY STATE
4.3 PRODUCER PRICES
5.1 IMPORTS IN 2007-2015
5.2 IMPORTS BY TYPE
5.3 IMPORTS BY COUNTRY
5.4 IMPORT PRICES BY COUNTRY
6.1 EXPORTS IN 2007-2015
6.2 EXPORTS BY TYPE
6.3 EXPORTS BY COUNTRY
6.4 EXPORT PRICES BY COUNTRY
7. COMPETITIVE LANDSCAPE
7.1 INDUSTRY SNAPSHOTS
7.2 INDUSTRY LIFE CYCLE
7.3 BUSINESS LOCATIONS
7.5 ANNUAL PAYROLL
7.6 INDUSTRY PRODUCTIVITY
7.7 ESTABLISHMENT SIZE AND LEGAL FORM
8. COMPANY PROFILES