NEW YORK, July 18, 2022 (GLOBE NEWSWIRE) — The Insight Partners has published a report on “Vacuum Furnace Market Forecast to 2028 – COVID-19 Impact and by Product Type (Vacuum Quenching Furnaces, Vacuum Brazing Furnaces, Vacuum Carburizing Furnaces) ) of the latest research report “Furnace and Others) and End-Users ( Automotive, Tool and Die, Power Generation and Others)” The growth of the global vacuum furnace market is driven by emerging applications in the industry, and various Industry demands are increasing.
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The future of metallurgical heat treatment technology is constantly changing.Vacuum furnace technology is well known and adopted by engineering industrialists whose vision is to establish this process technology as a tool capable of accepting the new thermo-metallurgical transformations of many of today’s engineering and manufacturing products.Given existing and anticipated international trends, vacuum furnace technology currently has great potential to flourish in the future.This technology will ease materials science and its industrial partners into the third millennium.Therefore, vacuum heat treatment technology plays a crucial role in brazing complex geometries of non-ferrous aluminum alloys.
The global vacuum furnace market leaders are AMG ADVANCED METALURGICAL; ALD Vacuum Technology; Sentor Vacuum Industries; Chugai Reverse Osmosis Co., Ltd.; ECM Technology; Vacuum furnace.Several other companies are also operating in the market and contributing substantial revenue to drive the vacuum furnace market growth during the forecast period.
In 2021, Ipsen contributed to the development of Heat Treating Industry Professionals at the MTI Educational Foundation at the Metal Handling Institute Fall Meeting.
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The industry is one of the main end users of vacuum furnaces.Since heat treatment is used in the industry to improve the resistance of various components to wear and corrosion, the primary method involves heat treatment of engine components that are subject to mechanical stress and strain.Due to its high reliability, small installation space and ease of maintenance, vertical vacuum furnace heat treatment is used to heat parts with a cylindrical cross-section or parts that can be stacked vertically, such as those commonly machined in the industry. Vacuum furnaces For brazing, annealing, solution treatment, aging, hardening, stress relief and other heat treatments.Hence, the vacuum furnace market is growing due to its wide application in the industry.
In addition, the industry is focused on developing new technologies and solutions, expanding growth prospects and opening new markets.Rapidly developing and commercializing new technologies and processes can increase efficiency and reduce production costs.Commercial air travel and customer order activity are trending significantly better than in the pre-COVID-19 era, a bullish omen for businesses.Global COVID-19 vaccine distribution helps normalize air travel.Therefore, the revival of the industry has driven the vacuum furnace market.
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On the basis of end user, the vacuum furnace market is segmented into automotive, tool and die, power generation, and others. to lead the vacuum furnace market in 2021.The structure and propulsion of Chinese aircraft production requires high-quality aluminum alloys, titanium alloys, wrought superalloys, heat-resistant materials, and composite materials to manufacture China’s large commercial aircraft.To meet the strength, fatigue, heat resistance, etc. requirements of these materials, high-quality heat treatment technology under specifications is essential, which is one of the major factors contributing to the growth of the vacuum furnace market.
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Post time: Jul-22-2022