Global Gas Nitriding Furnace Market By Type (Vacuum Gas Nitriding Furnace, Thermal Gas Nitriding Furnace And Other), By Application (Automotive Construction Equipment Industrial Machinery Aerospace Industry And Other), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2020-2028

Market.us announces the publication of its most recently generated research report titled, “Global Gas Nitriding Furnace Market by Product Type (Vacuum Gas Nitriding Furnace, Thermal Gas Nitriding Furnace), By Application (Automotive, Construction Equipment, Industrial Machinery, Aerospace, Others), and by Region – Global Forecast to 2028.”, which offers a holistic view of the global Gas Nitriding Furnace market through systematic segmentation that covers every aspect of the target market.

The Global Gas Nitriding Furnace Market is projected to be US$ 408.7 Mn in 2020 to reach US$ 802.3 Mn by 2028 at a CAGR of 8.7%.

Nitriding furnaces are used in the processing of nitriding metals using ammonia. Gas nitriding is a surface hardening process, in which nitrogen is diffused onto the surface of the metal, using dissociated ammonia as a source, to create a case-hardened surface. These processes are mainly used on low-carbon, low-alloy steels and other ferrous alloys to increase their wear-resistance, surface hardness and fatigue life. Alloys having aluminium gives maximum hardness and wear resistance. Gas nitriding is performed on finished components and is widely accepted since it gives excellent corrosion resistance against humid air and water, and hardness of up to 70 Rc, i.e. 950 to 1150 VPN.

Stringent government regulations regarding environmental sustainability and safer automotive are propelling automotive OEMs towards building safe, clean and zero emission vehicles, thereby triggering the growth of the global gas nitriding furnace market. Furthermore, growth in aerospace industries is also expected to augment the growth of the gas nitriding furnace market as several components used in aerospace industries from the crankshaft, shafts, gears to landing gears are called for controlled nitriding; such factors are expected promote future market growth.

Continuous innovation, especially in the Asia-Pacific region, to develop new alloys and compounds with high strength and light weight, which is another factor that is expected to further promote the growth of the gas nitriding market in the next few years. New technologies related to nitriding plus post-oxidation can shorten the processing time and provide better corrosion protection. It is considered to be one of the biggest advances in improving standards and is expected to continue to develop during the forecast period. The gas nitriding process improves the surface quality of the metal alloy and increases its fatigue strength, which makes the alloy have high durability in any harsh environment. The compromise application of gas nitriding further promotes the growth of the target market.

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Gas nitriding process is comparatively costlier than other heat treatment processes. Moreover, high initial cost for setup of gas nitriding furnace can act as a major restraint for wide adoption of gas nitriding furnaces, particularly in cost-sensitive low and medium scale industries, such factor may hamper the market growth in the future.

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The research report on the global gas nitriding furnace market includes profiles of some of the major companies such as Bodycote plc, Ipsen International GmbH, Seco/Warwick S.A., Solar Manufacturing, Inc., Surface Combustion, Inc., RÜBIG GmbH & Co KG and Premier Furnace Specialists, Inc.

Key Market Segments

Product Type

• Vacuum Gas Nitriding Furnace
• Thermal Gas Nitriding Furnace
• Other

Application

• Automotive
• Construction Equipment
• Industrial Machinery
• Aerospace Industry
• Other

Key Market Players included in the report:

• Bodycote plc
• Ipsen International GmbH
• Seco/Warwick S.A.
• Solar Manufacturing Inc.
• Surface Combustion Inc.
• RÜBIG GmbH & Co KG and Premier Furnace Specialists Inc
• Premier Furnace Specialists, Inc

For the Gas Nitriding Furnace Market research study, the following years have been considered to estimate the market size: