Global RH Refining Furnace Market Research Report 2025

Publication ID:

PB502253317

Publication Date:

February 28, 2025

Pages:

105

Publisher:

MRRPB5

Countries:

Global [1]

USD 2,900.00

Manufacturers [2]

Machinery [3]

Industry & Manufacturing [4]

Description:

The global market for RH Refining Furnace was valued at US$ 85.2 million in the year 2024 and is projected to reach a revised size of US$ 111 million by 2031, growing at a CAGR of 3.8% during the forecast period.
An RH Refining Furnace is a type of secondary steelmaking furnace used to refine molten steel, particularly for producing high-quality steel grades. It uses the RH (Recycling and Heating) process, which involves blowing gases such as argon or a mixture of argon and hydrogen into the molten steel through a lance submerged in the furnace. This helps remove impurities like sulfur, carbon, and oxygen, while also controlling the steel's temperature. The RH process is often employed to adjust the chemical composition and quality of steel before casting, making it essential for industries that require high-strength, low-alloy steels.
North American market for RH Refining Furnace is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for RH Refining Furnace is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of RH Refining Furnace include SMS Group, Danieli, Primetals Technologies, RHI Magnesita, Tenova, Kobe Steel, Steel Plantech, Anshan Hefeng Refractory Material, Nanjing Vacuum PUMP FACTORY, Shandong Anyutian General Equipment, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for RH Refining Furnace, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding RH Refining Furnace.
The RH Refining Furnace market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global RH Refining Furnace market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the RH Refining Furnace manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
SMS Group
Danieli
Primetals Technologies
RHI Magnesita
Tenova
Kobe Steel
Steel Plantech
Anshan Hefeng Refractory Material
Nanjing Vacuum PUMP FACTORY
Shandong Anyutian General Equipment
CHNZBTECH
by Type
Single Tube RH Refining Furnace
Double Tube RH Refining Furnace
by Application
Large Steel Mills
Small and Medium Steel Mills
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of RH Refining Furnace manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of RH Refining Furnace by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of RH Refining Furnace in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 RH Refining Furnace Market Overview
1.1 Product Definition
1.2 RH Refining Furnace by Type
1.2.1 Global RH Refining Furnace Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Single Tube RH Refining Furnace
1.2.3 Double Tube RH Refining Furnace
1.3 RH Refining Furnace by Application
1.3.1 Global RH Refining Furnace Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Large Steel Mills
1.3.3 Small and Medium Steel Mills
1.4 Global Market Growth Prospects
1.4.1 Global RH Refining Furnace Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global RH Refining Furnace Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global RH Refining Furnace Production Estimates and Forecasts (2020-2031)
1.4.4 Global RH Refining Furnace Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global RH Refining Furnace Production Market Share by Manufacturers (2020-2025)
2.2 Global RH Refining Furnace Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of RH Refining Furnace, Industry Ranking, 2023 VS 2024
2.4 Global RH Refining Furnace Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global RH Refining Furnace Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of RH Refining Furnace, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of RH Refining Furnace, Product Offered and Application
2.8 Global Key Manufacturers of RH Refining Furnace, Date of Enter into This Industry
2.9 RH Refining Furnace Market Competitive Situation and Trends
2.9.1 RH Refining Furnace Market Concentration Rate
2.9.2 Global 5 and 10 Largest RH Refining Furnace Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 RH Refining Furnace Production by Region
3.1 Global RH Refining Furnace Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global RH Refining Furnace Production Value by Region (2020-2031)
3.2.1 Global RH Refining Furnace Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of RH Refining Furnace by Region (2026-2031)
3.3 Global RH Refining Furnace Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global RH Refining Furnace Production Volume by Region (2020-2031)
3.4.1 Global RH Refining Furnace Production by Region (2020-2025)
3.4.2 Global Forecasted Production of RH Refining Furnace by Region (2026-2031)
3.5 Global RH Refining Furnace Market Price Analysis by Region (2020-2025)
3.6 Global RH Refining Furnace Production and Value, Year-over-Year Growth
3.6.1 North America RH Refining Furnace Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe RH Refining Furnace Production Value Estimates and Forecasts (2020-2031)
3.6.3 China RH Refining Furnace Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan RH Refining Furnace Production Value Estimates and Forecasts (2020-2031)
4 RH Refining Furnace Consumption by Region
4.1 Global RH Refining Furnace Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global RH Refining Furnace Consumption by Region (2020-2031)
4.2.1 Global RH Refining Furnace Consumption by Region (2020-2025)
4.2.2 Global RH Refining Furnace Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America RH Refining Furnace Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America RH Refining Furnace Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe RH Refining Furnace Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe RH Refining Furnace Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific RH Refining Furnace Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific RH Refining Furnace Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa RH Refining Furnace Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa RH Refining Furnace Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global RH Refining Furnace Production by Type (2020-2031)
5.1.1 Global RH Refining Furnace Production by Type (2020-2025)
5.1.2 Global RH Refining Furnace Production by Type (2026-2031)
5.1.3 Global RH Refining Furnace Production Market Share by Type (2020-2031)
5.2 Global RH Refining Furnace Production Value by Type (2020-2031)
5.2.1 Global RH Refining Furnace Production Value by Type (2020-2025)
5.2.2 Global RH Refining Furnace Production Value by Type (2026-2031)
5.2.3 Global RH Refining Furnace Production Value Market Share by Type (2020-2031)
5.3 Global RH Refining Furnace Price by Type (2020-2031)
6 Segment by Application
6.1 Global RH Refining Furnace Production by Application (2020-2031)
6.1.1 Global RH Refining Furnace Production by Application (2020-2025)
6.1.2 Global RH Refining Furnace Production by Application (2026-2031)
6.1.3 Global RH Refining Furnace Production Market Share by Application (2020-2031)
6.2 Global RH Refining Furnace Production Value by Application (2020-2031)
6.2.1 Global RH Refining Furnace Production Value by Application (2020-2025)
6.2.2 Global RH Refining Furnace Production Value by Application (2026-2031)
6.2.3 Global RH Refining Furnace Production Value Market Share by Application (2020-2031)
6.3 Global RH Refining Furnace Price by Application (2020-2031)
7 Key Companies Profiled
7.1 SMS Group
7.1.1 SMS Group RH Refining Furnace Company Information
7.1.2 SMS Group RH Refining Furnace Product Portfolio
7.1.3 SMS Group RH Refining Furnace Production, Value, Price and Gross Margin (2020-2025)
7.1.4 SMS Group Main Business and Markets Served
7.1.5 SMS Group Recent Developments/Updates
7.2 Danieli
7.2.1 Danieli RH Refining Furnace Company Information
7.2.2 Danieli RH Refining Furnace Product Portfolio
7.2.3 Danieli RH Refining Furnace Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Danieli Main Business and Markets Served
7.2.5 Danieli Recent Developments/Updates
7.3 Primetals Technologies
7.3.1 Primetals Technologies RH Refining Furnace Company Information
7.3.2 Primetals Technologies RH Refining Furnace Product Portfolio
7.3.3 Primetals Technologies RH Refining Furnace Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Primetals Technologies Main Business and Markets Served
7.3.5 Primetals Technologies Recent Developments/Updates
7.4 RHI Magnesita
7.4.1 RHI Magnesita RH Refining Furnace Company Information
7.4.2 RHI Magnesita RH Refining Furnace Product Portfolio
7.4.3 RHI Magnesita RH Refining Furnace Production, Value, Price and Gross Margin (2020-2025)
7.4.4 RHI Magnesita Main Business and Markets Served
7.4.5 RHI Magnesita Recent Developments/Updates
7.5 Tenova
7.5.1 Tenova RH Refining Furnace Company Information
7.5.2 Tenova RH Refining Furnace Product Portfolio
7.5.3 Tenova RH Refining Furnace Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Tenova Main Business and Markets Served
7.5.5 Tenova Recent Developments/Updates
7.6 Kobe Steel
7.6.1 Kobe Steel RH Refining Furnace Company Information
7.6.2 Kobe Steel RH Refining Furnace Product Portfolio
7.6.3 Kobe Steel RH Refining Furnace Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Kobe Steel Main Business and Markets Served
7.6.5 Kobe Steel Recent Developments/Updates
7.7 Steel Plantech
7.7.1 Steel Plantech RH Refining Furnace Company Information
7.7.2 Steel Plantech RH Refining Furnace Product Portfolio
7.7.3 Steel Plantech RH Refining Furnace Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Steel Plantech Main Business and Markets Served
7.7.5 Steel Plantech Recent Developments/Updates
7.8 Anshan Hefeng Refractory Material
7.8.1 Anshan Hefeng Refractory Material RH Refining Furnace Company Information
7.8.2 Anshan Hefeng Refractory Material RH Refining Furnace Product Portfolio
7.8.3 Anshan Hefeng Refractory Material RH Refining Furnace Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Anshan Hefeng Refractory Material Main Business and Markets Served
7.8.5 Anshan Hefeng Refractory Material Recent Developments/Updates
7.9 Nanjing Vacuum PUMP FACTORY
7.9.1 Nanjing Vacuum PUMP FACTORY RH Refining Furnace Company Information
7.9.2 Nanjing Vacuum PUMP FACTORY RH Refining Furnace Product Portfolio
7.9.3 Nanjing Vacuum PUMP FACTORY RH Refining Furnace Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Nanjing Vacuum PUMP FACTORY Main Business and Markets Served
7.9.5 Nanjing Vacuum PUMP FACTORY Recent Developments/Updates
7.10 Shandong Anyutian General Equipment
7.10.1 Shandong Anyutian General Equipment RH Refining Furnace Company Information
7.10.2 Shandong Anyutian General Equipment RH Refining Furnace Product Portfolio
7.10.3 Shandong Anyutian General Equipment RH Refining Furnace Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Shandong Anyutian General Equipment Main Business and Markets Served
7.10.5 Shandong Anyutian General Equipment Recent Developments/Updates
7.11 CHNZBTECH
7.11.1 CHNZBTECH RH Refining Furnace Company Information
7.11.2 CHNZBTECH RH Refining Furnace Product Portfolio
7.11.3 CHNZBTECH RH Refining Furnace Production, Value, Price and Gross Margin (2020-2025)
7.11.4 CHNZBTECH Main Business and Markets Served
7.11.5 CHNZBTECH Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 RH Refining Furnace Industry Chain Analysis
8.2 RH Refining Furnace Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 RH Refining Furnace Production Mode & Process Analysis
8.4 RH Refining Furnace Sales and Marketing
8.4.1 RH Refining Furnace Sales Channels
8.4.2 RH Refining Furnace Distributors
8.5 RH Refining Furnace Customer Analysis
9 RH Refining Furnace Market Dynamics
9.1 RH Refining Furnace Industry Trends
9.2 RH Refining Furnace Market Drivers
9.3 RH Refining Furnace Market Challenges
9.4 RH Refining Furnace Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer

Companies Mentioned:

SMS Group
Danieli
Primetals Technologies
RHI Magnesita
Tenova
Kobe Steel
Steel Plantech
Anshan Hefeng Refractory Material
Nanjing Vacuum PUMP FACTORY
Shandong Anyutian General Equipment
CHNZBTECH

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