Lewes, DE -- (SBWire) -- 02/22/2016 --Report forecast the global vacuum heat treatment market to grow at a CAGR of 6.07% during the period 2016-2020.
Heat treatment includes atmosphere heat treatment and vacuum heat treatment. Vacuum heat treatment is preferred for ferrous metals such as bronze, steel, brass, and titanium alloys. This type of heat treatment involves the use of a vacuum furnace in which metals are heated to a particular temperature for the purpose of changing their metallurgical properties.
Vacuum furnaces can heat the metals up to 1100°C-1500°C, and also subject them to different types of processes such as annealing, hardening, and quenching and brazing and carburizing. In vacuum heat treatment, the absence of air and other gases in the furnace prevents heat transfer due to convection. This eliminates the possibility of contamination. In addition, the vacuum heat treated parts have excellent surface finishing.
The report covers the present scenario and the growth prospects of the global vacuum heat treatment market for 2016-2020. To calculate the market size, the report considers the demand for vacuum heat treatment from various end-users such as aerospace, automotive, industrial, commercial sectors.
The market is divided into the following segments based on end-user:
- Aerospace
- Automotive
- Industrial
- Commercial
According to the report, a rise in demand for copper and steel across different geographical regions, particularly from developing countries such as India, Indonesia, and Taiwan, is driving investments in copper and iron mining. This raises the need for heat treatment technologies for manufacturing superior copper and steel, thus posting growth in the vacuum heat treatment market.
Further, the report states that due to stiff competition from regional players, international players have a restrictive effect on the vacuum heat treatment market owing to their inability to expand their reach.
Global Vacuum Heat Treatment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the Global Vacuum Heat Treatment Market: ALD Vacuum Technologies, ECM Technologies, Ipsen and SECO/WARWICK.
Other Prominent Vendors in the market are: Centorr Vacuum Industries, Consarc Engineering, Fours Industries BMI, G-M Enterprises, PVA TePla, Sojitz JECT, Solar Manufacturing, TAV Vacuum Furnaces, Thermal Technology, T-M Vacuum Products, Ulvac and Vac Aero International.
Market driver
- Growth of copper and steel industries
- For a full, detailed list, view our report
Market challenge
- Stiff competition from regional players
- For a full, detailed list, view our report
Market trend
- Advances in heat treatment technology
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 56 pages and 27 Exhibit "Global Vacuum Heat Treatment Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Market segmentation by end user, Geographical segmentation, Key leading countries, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis.
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