DUBLIN--(BUSINESS WIRE )--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.
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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900