World Industrial Furnaces and Ovens Market

This report analyzes the worldwide markets for Industrial Furnaces and Ovens in Millions of US$. The major product segments analyzed are Electrical Industrial Furnaces & Ovens (Electric Furnaces, Electric Ovens and Kilns, & Other Electric Furnaces & Ovens), Induction & Dielectric Furnaces & Ovens, Industrial Electric Heating Equipment, Fuel-Fired Industrial Furnaces & Ovens, and Other Industrial Furnaces & Ovens. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East, and Latin America. Annual forecasts are provided for each region for the period of 2001 through 2015. A ten-year historic analysis is also provided for these markets with annual market analytics. The report profiles 340 companies including many key and niche players worldwide such as Beijing Shenwu Thermal Energy Technology Co., Carbolite, CM Furnaces, Inc., Inductotherm Corporation, JLS Redditch, Ltd, Kilns & Furnaces Limited, Nachi-Fujikoshi Corp., Pyradia, and Surface Combustion, Inc. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.

INDUSTRIAL FURNACES & OVENS MCP-2754
A GLOBAL STRATEGIC BUSINESS REPORT


CONTENTS


I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS
Study Reliability and Reporting Limitations I-1
Disclaimers I-2
Data Interpretation & Reporting Level I-2
Quantitative Techniques & Analytics I-3
Product Definitions and Scope of Study I-3
Electric Furnaces I-4
Induction Furnaces I-4
Industrial Electric Heating Equipment I-4
Fuel-Fired Furnaces I-4
Other Furnaces & Ovens I-5
Vacuum Furnaces I-5
Vertical Furnaces I-5
High-Pressure Furnace Systems I-5
Batch Furnace I-5
Heat Treatment Equipment I-5

II. EXECUTIVE SUMMARY

1. Market Overview II-1
Heat Loss for Furnaces II-1
Research and Technology II-1
Phase-out of Older Furnaces II-1
Increasing Demand for Steel Scrap II-1
Preheating the Scrap II-2

2. Key Issues II-3
Onslaught of New Oxygen Technologies II-3
New Hybrid Furnace Hovers the Market II-3
Furnaces Versus Foundry Coke II-3
Need for Alternative Methods to Produce Iron II-3
Fuel Usage: PCI Versus Natural Gas II-4
Refractory Products II-4
Steel Manufacturing: A Major End User Market II-4
New Model for Kiln-Drying II-5
Kiln Drying: Conventional Steam Kilns Remain the Same II-5

3. Product Overview II-6
Electric Furnaces II-6
Flickers and Harmonics in EAFs II-7
Twin-shell Electric Arc Furnaces II-7
DC Furnaces Score Over AC Furnaces II-7
Graphite Electrodes Used in EAFs II-8
Silicon: Stimulated demand II-8
Induction Furnaces II-8
Electric Induction Furnaces II-8
Throatless Inductors for Induction Furnaces II-9
Industrial Electric Heating Equipment II-9
Fuel-Fired Furnaces II-9
Pulse-fire burners for greater efficiency II-9
Direct Versus Indirect Ambient Air Design II-9
The Concept of Kiln-firing II-9
Oxy-fuel Firing II-10
Other Furnaces & Ovens II-10
Vacuum Furnaces II-10
Vertical Furnaces II-10
Rapid Thermal Processing (RTP) II-10
High-Pressure Furnace Systems II-10
Batch Furnace II-11
Blast Furnace: Productivity on the Rise II-11
Heat Treatment Equipment II-11

4. Recent Industry Activity II-12
Heurtey Petrochem to Acquire Petro Chem Development II-12
Sinosteel to Build Electric Arc Furnace in South Africa II-12
IHI Corp to Take over Hauzer Techno II-12
Rio Strikes Deal with Hyundai Steel II-12
ASR Multimetals to Set up Integrated Plant in Karnataka II-12
Gulab to Establish Steel Plant in Andhra Pradesh II-12
Severstal to Boost Long Products Capacity II-12
ArcelorMittal to Set up Plant in Russia II-13
Japan Hayes to Launch Plant in Central Japan II-13
Nakanihon-Ro Kogyo Upgrades CVD Equipment II-13
Commercial Metals Inks Pact to Buy Sisak II-13
Kogi to Modernize Equipment II-13
Sundaram Ferro to Build Furnace at Jharkhand II-13
Dongbu Steel to Set up Furnace in Dangjin II-13
Tata Steel Pockets Rawmet Industries II-14
Interpipe to Renew Production Facilities II-14
Nippon Denko to Invest USD21 Mln on Capacity Expansion II-14
Asha Steel to Set up New Electric-Arc Furnace II-14
Siemens to Install Electric Furnaces for Ahmsa II-14
Nippon Steel to Buy More Stake in Nakayama and Chubu II-14
Anvil Mining to Build Electric Furnace for Kulu Operation II-14
BTU International Acquires Radiant Technology Corp II-14
Can-Eng Furnaces Purchases IP Rights of GASMAC II-15
Zaporizhstal Installs Heat-Treating Furnaces II-15
Severstal to Improve Furnace Operations II-15
Mittal Steel USA Closes Two Blast Furnaces II-15
MHI Bags Order for Blast Furnace Gas Fired GTCC Power Unit II-15
JFE Steel Corp Upgrades Hiroshima Furnace II-15
Mitsui Mining Reopens Coke Oven II-15
Techint, SMS Demag Acquire LOI Thermprocess II-16
European Capital Secures Metall Technologie II-16
Baosteel Revamps No.2 Blast Furnace II-16
Furnace Engineering Conquests Wesmartin II-16
Tata Steel Plans Mini-Blast Furnace in Chon Buri II-16
Zapsibremont Receives Contract for Blast Furnace II-16
CSN to Invest $5.1B for Blast Furnaces II-16
Zimglass to Revive G1 Furnace II-16
Arcelor Acquires Electric Furnace Co II-17
Mittal Steel Restarts Blast Furnace in Indiana II-17
Dofasco Kicks Off No. 2 Blast Furnace II-17
Metall Technologie Acquires 50% of IVA II-17
CVC Capital Partners Takeovers Ruhrgas Industries II-17
Hotwork International Acquired in Management Buy-Out Deal II-17
Severstal Revamps Furnace for $83M II-17
SCM to Invest $2bn for Furnace II-18
Shougang Group Shuts Blast Furnace in Beijing II-18
Surface Combustion Obtains Contract from MMS Thermal Processing II-18
Surface Combustion Bags Contract from UK Defense Ministry II-18
Surface Combustion Receives Order for Uni-BLUE™ Furnace II-18
Ellwood National Steel Starts Production II-18
Charter Steel Expands Furnace Capacity II-18
Feng Hsin Hires SMS Demag for Electric Arc Furnace II-19
Usiminas Expands by Installing Coke Oven Battery II-19
Tata Metaliks Considers Over New blast furnace, Pig Iron
Facilities II-19
Glencore Mull Over Wrapping Zinc Smelter at Porto Vesme II-19
Woodings Mounts Drill Rig at International Steel Group Unit II-19
Micro Bio-Medical Waste Systems Acquires Haverhill Technologies II-20
CIC Pittsburgh Pockets Olson Furnaces II-20
Diversified Thermal Solutions Acquires LWC Precast II-20
Amtech Systems Acquires Furnace Business of Kokusai II-20
Holcim Inc Hires Paul Wurth To Develop Blast Furnace
Dewatering System II-20
European Consortium Supplies New Blast Furnace to CST II-20
Gerdau Expands New Electric Arc Furnace II-20
Hernic Launches a New Furnace at Brits Plant II-21
Wheeling-Pittsburgh Steel Completes First Heat From EAF II-21
A Revolutionary Glass Furnace Model Surfaces II-21
ME Schupp Extends Product line by MolyTec 1600 II-21
Burnham Holdings Acquires Crown Boiler II-21
Praxair Starts Two New Electric-Arc Furnaces II-22
SMS Demag Commences a New Electric-Arc Furnace II-22
LPC Enters into an Agreement with Stone & Webster II-22
Mechatherm Teams Up with BOC II-22

5. Focus on Select Players II-23
Beijing Shenwu Thermal Energy Technology Co (China) II-23
Carbolite - (UK) II-23
CM Furnaces, Inc. (US) II-23
Inductotherm Corporation (US) II-24
JLS Redditch, Ltd (UK) II-24
Kilns & Furnaces Limited (UK) II-24
Nachi-Fujikoshi Corp (Japan) II-25
Pyradia (Canada) II-25
Surface Combustion, Inc (US) II-26

6. Global Market Perspective II-27
Table 1: World Recent Past, Current & Future Analysis for
Industrial Furnaces & Ovens by Geographic Region - US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle East
and Latin America Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2001 through 2010
(includes corresponding Graph/Chart) II-27

Table 2: World Long-Term Projections for Industrial Furnaces &
Ovens by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East and Latin America
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-28

Table 3: World Historic Review for Industrial Furnaces & Ovens
by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East and Latin America Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 1991 through 2000 (includes corresponding
Graph/Chart) II-29

Table 4: World 15-Year Perspective for Industrial Furnaces &
Ovens by Geographic Region - Percentage Breakdown of Dollar
Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East and Latin America Markets for Years1998,
2008, and 2012 (includes corresponding Graph/Chart) II-30

Table 5: World Recent Past, Current & Future Analysis for
Electrical Industrial Furnace & Ovens by Geographic Region -
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East and Latin America Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2001
through 2010 (includes corresponding Graph/Chart) II-31

Table 6: World Long-Term Projections for Electrical Industrial
Furnace & Ovens by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East and Latin
America Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-32

Table 7: World Recent Past, Current & Future Analysis for
Electrical Industrial Furnace & Ovens by Product Segment -
Electric Furnaces, Electric Ovens & Kilns and Other Electric
Furnaces & Ovens Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2001 through 2010
(includes corresponding Graph/Chart) II-33

Table 8: World Long-Term Projections for Electrical Industrial
Furnace & Ovens by Product Segment - Electric Furnaces,
Electric Ovens and Kilns and Other Electric Furnaces & Ovens
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-33

Table 9: World Historic Review for Electrical Industrial
Furnaces & Ovens by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East and Latin
America Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 1991 through 2000 (includes
corresponding Graph/Chart) II-34

Table 10: World Historic Review for Electrical Industrial
Furnaces & Ovens by Product Segment - Electric Furnaces,
Electric Ovens & Kilns and Other Electric Furnaces & Ovens
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 1991 through 2000 (includes
corresponding Graph/Chart) II-35

Table 11: World 15-Year Perspective for Electrical Industrial
Furnaces & Ovens by Geographic Region - Percentage Breakdown
of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East and Latin America Markets for
Years 1998, 2008, and 2012 (includes corresponding
Graph/Chart) II-35

Table 12: World 15-Year Perspective for Electrical Industrial
Furnaces & Ovens by Product Segment - Percentage Breakdown of
Dollar Sales for Electric Furnaces, Electric Ovens and Kilns
and Other Electric Furnaces & Ovens Markets for Years 1998,
2008, and 2012 (includes corresponding Graph/Chart) II-36

Table 13: World Recent Past, Current & Future Analysis for
Induction & Dielectric Furnace & Ovens by Geographic Region -
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East and Latin America Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2001
through 2010 (includes corresponding Graph/Chart) II-37

Table 14: World Long-Term Projections Analysis for Induction &
Dielectric Furnace & Ovens by Geographic Region - US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle East and
Latin America Markets IndependentlyAnalyzed with Annual Sales
Figures in US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-38

Table 15: World Historic Review for Induction & Dielectric
Furnace & Ovens by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East and Latin
America Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 1991 through 2000 (includes
corresponding Graph/Chart) II-39

Table 16: World 15-Year Perspective for Induction & Dielectric
Furnace & Ovens by Geographic Region - Percentage Breakdown of
Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East and Latin America Markets for
Years 1998, 2008 and 2012 (includes corresponding
Graph/Chart) II-40

Table 17: World Recent Past, Current & Future Analysis for
Industrial Electric Heating Equipment by Geographic Region -
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East and Latin America Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2001
through 2010 (includes corresponding Graph/Chart) II-41

Table 18: World Long-Term Projections for Industrial Electric
Heating Equipment by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East and Latin
America Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-42

Table 19: World Historic Review for Industrial Electric
Heating Equipment by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East and Latin
America Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 1991 through 2000 (includes
corresponding Graph/Chart) II-43

Table 20: World 15-Year Perspective for Industrial Electric
Heating Equipment by Geographic Region - Percentage Breakdown
of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East and Latin America Markets for
Years 1998, 2008 and 2012 (includes corresponding
Graph/Chart) II-44

Table 21: World Recent Past, Current & Future Analysis for
Fuel-Fired Industrial Furnaces & Ovens by Geographic Region -
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East and Latin America Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2001
through 2010 (includes corresponding Graph/Chart) II-45

Table 22: World Long-Term Projections for Fuel-Fired
Industrial Furnaces & Ovens by Geographic Region - US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle East
and Latin America Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2011 through 2015
(includes corresponding Graph/Chart) II-46

Table 23: World Historic Review for Fuel-Fired Industrial
Furnaces & Ovens by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East and Latin
America Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 1991 through 2000 (includes
corresponding Graph/Chart) II-47

Table 24: World 15-Year Perspective for Fuel-Fired Industrial
Furnaces & Ovens by Geographic Region Percentage Breakdown of
Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East and Latin America Markets for
Years 1998, 2008 and 2012 (includes corresponding
Graph/Chart) II-48

Table 25: World Recent Past, Current & Future Analysis for
Other Industrial Furnaces & Ovens by Geographic Region - US,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
East and Latin America Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2001 through
2010 (includes corresponding Graph/Chart) II-49

Table 26: World Long-Term Projections for Other Industrial
Furnaces & Ovens by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East and Latin
America Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-50

Table 27: World Historic Review for Other Industrial Furnaces
& Ovens by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East and Latin America
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 1991 through 2000 (includes
corresponding Graph/Chart) II-51

Table 28: World 15-Year Perspective for Other Industrial
Furnaces & Ovens by Geographic Region - Percentage Breakdown
of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East and Latin America Markets for
Years 1998, 2008 and 2012 (includes corresponding
Graph/Chart) II-52

III. MARKET

1. The United States III-1
A.Market Analysis III-1
Strategic Corporate Developments III-1
Focus on Select Players III-4
B.Market Analytics III-5
Table 29: US Recent Past, Current & Future Analysis for
Industrial Furnaces & Ovens by Product Segment - Electrical
Industrial Furnaces & Ovens (Electric Furnaces, Electric
Ovens & Kilns and Other Electric Furnaces & Ovens),
Induction & Dielectric Furnaces & Ovens, Industrial Electric
Heating Equipment, Fuel-fired Industrial Furnaces & Ovens,
and Other Industrial Furnaces &Ovens Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2001 through 2010 (includes corresponding Graph/Chart) III-5

Table 30: US Long-Term Projections for Industrial Furnaces &
Ovens by Product Segment - Electrical Industrial Furnaces &
Ovens (Electric Furnaces, Electric Ovens & Kilns and Other
Electric Furnaces & Ovens), Induction & Dielectric Furnaces
& Ovens, Industrial Electric Heating Equipment, Fuel-fired
Industrial Furnaces & Ovens, and Other Industrial Furnaces &
Ovens Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2011 through 2015
(includes corresponding Graph/Chart) III-6

Table 31: US Historic Review for Industrial Furnaces & Ovens
by Product Segment -Electrical Industrial Furnaces & Ovens
(Electric Furnaces, Electric Ovens and Kilns and Other
Electric Furnaces & Ovens), Induction & Dielectric Furnaces
& Ovens, Industrial Electric Heating Equipment, Fuel-fired
Industrial Furnaces & Ovens, and Other Industrial Furnaces &
Ovens Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 1991 through 2000 (includes
corresponding Graph/Chart) III-7

Table 32: US 15-Year Perspective for Industrial Furnaces &
Ovens by Product Segment - Percentage Breakdown of Dollar
Sales for Electrical Industrial Furnaces & Ovens (Electric
Furnaces, Electric Ovens & Kilns and Other Electric Furnaces
& Ovens), Induction & Dielectric Furnaces & Ovens,
Industrial Electric Heating Equipment, Fuel-fired Industrial
Furnaces & Ovens, and Other Industrial Furnaces & Ovens
Markets for 1998, 2008 and 2012 (includes corresponding
Graph/Chart) III-8

2. Canada III-9
A.Market Analysis III-9
Outlook III-9
Strategic Corporate Developments III-9
Pyradia - A Major Player III-9
B.Market Analytics III-10
Table 33: Canadian Recent Past, Current & Future Analysis
for Industrial Furnaces & Ovens by Product Segment -
Electrical Industrial Furnaces & Ovens (Electric Furnaces,
Electric Ovens & Kilns and Other Electric Furnaces & Ovens),
Induction & Dielectric Furnaces & Ovens, Industrial Electric
Heating Equipment, Fuel-fired Industrial Furnaces & Ovens,
and Other Industrial Furnaces & Ovens Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2001 through 2010 (includes corresponding Graph/Chart) III-10

Table 34: Canadian Long-Term Projections for Industrial
Furnaces & Ovens by Product Segment - Electrical Industrial
Furnaces & Ovens (Electric Furnaces, Electric Ovens & Kilns
and Other Electric Furnaces & Ovens), Induction & Dielectric
Furnaces & Ovens, Industrial Electric Heating Equipment,
Fuel-fired Industrial Furnaces & Ovens, and Other Industrial
Furnaces & Ovens Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2011 through 2015
(includes corresponding Graph/Chart) III-11

Table 35: Canadian Historic Review for Industrial Furnaces &
Ovens by Product Segment -Electrical Industrial Furnaces &
Ovens (Electric Furnaces, Electric Ovens & Kilns and Other
Electric Furnaces & Ovens), Induction & Dielectric Furnaces
& Ovens, Industrial Electric Heating Equipment, Fuel-fired
Industrial Furnaces & Ovens and Other Industrial Furnaces &
Ovens Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 1991 through 2000 (includes
corresponding Graph/Chart) III-12

Table 36: Canadian 15-Year Perspective for Industrial
Furnaces & Ovens by Product Segment - Percentage Breakdown
of Dollar Sales for Electrical Industrial Furnaces &Ovens
(Electric Furnaces, Electric Ovens & Kilns and Other
Electric Furnaces & Ovens), Induction & Dielectric Furnaces
& Ovens, Industrial Electric Heating Equipment, Fuel-fired
Industrial Furnaces & Ovens, and Other Industrial Furnaces &
Ovens Markets for 1998, 2008 and 2012 (includes
corresponding Graph/Chart) III-13

3. Japan III-14
A.Market Analysis III-14
Outlook III-14
Strategic Corporate Developments III-14
Nachi-Fujikoshi Corp - A Major Player III-15
B.Market Analytics III-16
Table 37: Japanese Recent Past, Current & Future Analysis
for Industrial Furnaces & Ovens by Product Segment -
Electrical Industrial Furnaces & Ovens (Electric Furnaces,
Electric Ovens & Kilns and Other Electric Furnaces & Ovens),
Induction & Dielectric Furnaces & Ovens, Industrial Electric
Heating Equipment, Fuel-fired Industrial Furnaces & Ovens,
and Other Industrial Furnaces & Ovens Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2001 through 2010 (includes corresponding Graph/Chart) III-16

Table 38: Japanese Long-Term Projections for Industrial
Furnaces & Ovens by Product Segment - Electrical Industrial
Furnaces & Ovens (Electric Furnaces, Electric Ovens & Kilns
and Other Electric Furnaces & Ovens), Induction & Dielectric
Furnaces & Ovens, Industrial Electric Heating Equipment,
Fuel-fired Industrial Furnaces & Ovens, and Other Industrial
Furnaces & Ovens Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2011 through 2015
(includes corresponding Graph/Chart) III-17

Table 39: Japanese Historic Review for Industrial Furnaces &
Ovens by Product Segment -Electrical Industrial Furnaces &
Ovens (Electric Furnaces, Electric Ovens & Kilns and Other
Electric Furnaces & Ovens), Induction & Dielectric Furnaces
& Ovens, Industrial Electric Heating Equipment, Fuel-fired
Industrial Furnaces & Ovens, and Other Industrial Furnaces &
Ovens Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 1991 through 2000
(includes corresponding Graph/Chart) III-18

Table 40: Japanese 15-Year Perspective for Industrial
Furnaces & Ovens by Product Segment - Percentage Breakdown
of Dollar Sales for Electrical Industrial Furnaces &Ovens
(Electric Furnaces, Electric Ovens & Kilns and Other
Electric Furnaces & Ovens), Induction & Dielectric Furnaces
& Ovens, Industrial Electric Heating Equipment, Fuel-fired
Industrial Furnaces & Ovens, and Other Industrial Furnaces &
Ovens Markets for 1998, 2008 and 2012 (includes
corresponding Graph/Chart) III-19

4. Europe III-20
A.Market Analysis III-20
Outlook III-20
Strategic Corporate Developments III-20
Focus on Select Players III-23
B.Market Analytics III-25
Table 41: European Recent Past, Current and Future Analysis
for Industrial Furnace & Ovens by Geographic Region -
France, Germany, Italy, UK, Spain, Russia and Rest of Europe
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2001 through 2010 (includes
corresponding Graph/Chart) III-25

Table 42: European Long-Term Projections for Industrial
Furnace & Ovens by Geographic Region - France, Germany,
Italy, UK, Spain, Russia and Rest of Europe Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2011 through 2015 (includes corresponding
Graph/Chart) III-26

Table 43: European Recent Past, Current & Future Analysis
for Industrial Furnaces & Ovens by Product Segment -
Electrical Industrial Furnaces & Ovens (Electric Furnaces,
Electric Ovens & Kilns and Other Electric Furnaces & Ovens),
Induction & Dielectric Furnaces & Ovens, Industrial Electric
Heating Equipment, Fuel-fired Industrial Furnaces & Ovens,
and Other Industrial Furnaces & Ovens Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2001 through 2010 (includes corresponding Graph/Chart) III-27

Table 44: European Long-Term Projections for Industrial
Furnaces & Ovens by Product Segment - Electrical Industrial
Furnaces & Ovens (Electric Furnaces, Electric Ovens & Kilns
and Other Electric Furnaces & Ovens), Induction & Dielectric
Furnaces & Ovens, Industrial Electric Heating Equipment,
Fuel-fired Industrial Furnaces & Ovens, and Other Industrial
Furnaces & Ovens Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2011 through 2015
(includes corresponding Graph/Chart) III-28

Table 45: European Historic Review for Industrial Furnace &
Ovens by Geographic Region - France, Germany, Italy, UK,
Spain, Russia and Rest of Europe Markets Independently
Analyzed with Annual Sales Figures in US$ Million Years 1991
through 2000 (includes corresponding Graph/Chart) III-29

Table 46: European Historic Review for Industrial Furnaces
& Ovens by Product Segment -Electrical Industrial Furnaces &
Ovens (Electric Furnaces, Electric Ovens & Kilns and Other
Electric Furnaces & Ovens), Induction & Dielectric Furnaces
& Ovens, Industrial Electric HeatingEquipment, Fuel-fired
Industrial Furnaces & Ovens, and Other Industrial Furnaces &
Ovens Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 1991 through 2000
(includes corresponding Graph/Chart) III-30

Table 47: European 15-Year Perspective for Industrial
Furnaces & Ovens by Geographic Region - Percentage Breakdown
of Dollar Sales for France, Germany, Italy, UK, Spain,
Russia and Rest of Europe Markets for 1998, 2008 and 2012
(includes corresponding Graph/Chart) III-31

Table 48: European 15-Year Perspective for Industrial
Furnaces & Ovens by Product Segment - Percentage Breakdown
of Dollar Sales for Electrical Industrial Furnaces & Ovens
(Electric Furnaces, Electric Ovens & Kilns and Other
Electric Furnaces & Ovens), Induction & Dielectric Furnaces
& Ovens, Industrial Electric Heating Equipment, Fuel-fired
Industrial Furnaces & Ovens, and Other Industrial Furnaces &
Ovens Markets for 1998, 2008 and 2012 (includes
corresponding Graph/Chart) III-32

4a. France III-33
Market Analysis III-33
Table 49: French Recent Past, Current & Future Analysis for
Industrial Furnaces & Ovens by Product Segment - Electrical
Industrial Furnaces & Ovens (Electric Furnaces, Electric
Ovens & Kilns and Other Electric Furnaces & Ovens),
Induction & Dielectric Furnaces & Ovens, Industrial Electric
Heating Equipment, Fuel-fired Industrial Furnaces & Ovens,
and Other Industrial Furnaces & Ovens Markets Independently
Analyzed with Annual SalesFigures in US$ Million for Years
2001 through2010 (includes corresponding Graph/Chart) III-33

Table 50: French Long-Term Projections for Industrial
Furnaces & Ovens by Product Segment - Electrical Industrial
Furnaces & Ovens (Electric Furnaces, Electric Ovens & Kilns
and Other Electric Furnaces & Ovens), Induction & Dielectric
Furnaces & Ovens, Industrial Electric Heating Equipment,
Fuel-fired Industrial Furnaces & Ovens, and Other Industrial
Furnaces & Ovens Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2011 through 2015
(includes corresponding Graph/Chart) III-34

Table 51: French Historic Review for Industrial Furnaces &
Ovens by Product Segment -Electrical Industrial Furnaces &
Ovens (Electric Furnaces, Electric Ovens & Kilns and Other
Electric Furnaces & Ovens), Induction & Dielectric Furnaces
& Ovens, Industrial Electric Heating Equipment, Fuel-fired
Industrial Furnaces & Ovens, and Other Industrial Furnaces &
Ovens Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 1991 through 2000
(includes corresponding Graph/Chart) III-35

Table 52: French 15-Year Perspective for Industrial Furnaces
& Ovens by Product Segment - Percentage Breakdown of Dollar
Sales for Electrical Industrial Furnaces &Ovens (Electric
Furnaces, Electric Ovens & Kilns and Other Electric
Furnaces & Ovens), Induction & Dielectric Furnaces & Ovens,
Industrial Electric Heating Equipment, Fuel-fired
Industrial Furnaces & Ovens, and Other Industrial Furnaces &
Ovens Markets for 1998, 2008 and 2012 (includes
corresponding Graph/Chart) III-36

4b. Germany III-37
Market Analysis III-37
Table 53: German Recent Past, Current & Future Analysis for
Industrial Furnaces & Ovens by Product Segment - Electrical
Industrial Furnaces & Ovens (Electric Furnaces, Electric
Ovens & Kilns and Other Electric Furnaces & Ovens),
Induction & Dielectric Furnaces & Ovens, Industrial Electric
Heating Equipment, Fuel-fired Industrial Furnaces & Ovens,
and Other Industrial Furnaces & Ovens Markets Independently
Analyzed with Annual Sales Figures in US$ Million for
Years 2001 through 2010 (includes corresponding
Graph/Chart) III-37

Table 54: German Long-Term Projections for Industrial
Furnaces & Ovens by Product Segment - Electrical Industrial
Furnaces & Ovens (Electric Furnaces, Electric Ovens & Kilns
and Other Electric Furnaces & Ovens), Induction & Dielectric
Furnaces & Ovens, Industrial Electric Heating Equipment,
Fuel-fired Industrial Furnaces & Ovens, and Other
Industrial Furnaces & Ovens Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) III-38

Table 55: German Historic Review for Industrial Furnaces &
Ovens by Product Segment -Electrical Industrial Furnaces &
Ovens (Electric Furnaces, Electric Ovens & Kilns and Other
Electric Furnaces & Ovens), Induction & Dielectric Furnaces
& Ovens, Industrial Electric Heating Equipment, Fuel-fired
Industrial Furnaces & Ovens, and Other Industrial Furnaces &
Ovens Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 1991 through 2000
(includes corresponding Graph/Chart) III-39

Table 56: German 15-Year Perspective for Industrial Furnaces
& Ovens by Product Segment - Percentage Breakdown of Dollar
Sales for Electrical Industrial Furnaces & Ovens (Electric
Furnaces, Electric Ovens & Kilns and Other Electric
Furnaces & Ovens), Induction & Dielectric Furnaces & Ovens,
Industrial Electric Heating Equipment, Fuel-fired
Industrial Furnaces & Ovens, and Other Industrial Furnaces &
Ovens Markets for 1998, 2008 and 2012 (includes
corresponding Graph/Chart) III-40

4c. Italy III-41
Market Analysis III-41
Table 57: Italian Recent Past, Current & Future Analysis for
Industrial Furnaces & Ovens by Product Segment - Electrical
Industrial Furnaces & Ovens (Electric Furnaces, Electric
Ovens & Kilns and Other Electric Furnaces & Ovens),
Induction & Dielectric Furnaces & Ovens, Industrial Electric
Heating Equipment, Fuel-fired Industrial Furnaces & Ovens,
and Other Industrial Furnaces & Ovens Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2001 through 2010 (includes corresponding Graph/Chart) III-41

Table 58: Italian Long-Term Projections for Industrial
Furnaces & Ovens by Product Segment - Electrical Industrial
Furnaces & Ovens (Electric Furnaces, Electric Ovens & Kilns
and Other Electric Furnaces & Ovens), Induction & Dielectric
Furnaces & Ovens, Industrial Electric Heating Equipment,
Fuel-fired Industrial Furnaces & Ovens, and Other
Industrial Furnaces & Ovens Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) III-42

Table 59: Italian Historic Review for Industrial Furnaces &
Ovens by Product Segment -Electrical Industrial Furnaces &
Ovens (Electric Furnaces, Electric Ovens & Kilns and Other
Electric Furnaces & Ovens), Induction & Dielectric Furnaces
& Ovens, Industrial Electric Heating Equipment, Fuel-fired
Industrial Furnaces & Ovens, and Other Industrial Furnaces &
OvensMarkets Independently Analyzed with Annual
SalesFigures in US$ Million for Years 1991 through 2000
(includes corresponding Graph/Chart) III-43

Table 60: Italian 15-Year Perspective for Industrial
Furnaces & Ovens by Product Segment - Percentage Breakdown
of Dollar Sales for Electrical Industrial Furnaces &Ovens
(Electric Furnaces, Electric Ovens & Kilns and Other
Electric Furnaces & Ovens), Induction & Dielectric Furnaces
& Ovens, Industrial Electric Heating Equipment, Fuel-fired
Industrial Furnaces & Ovens, and Other Industrial Furnaces
& Ovens Markets for 1998, 2008 and 2012 (includes
corresponding Graph/Chart) III-44

4d. The United Kingdom III-45
Market Analysis III-45
Table 61: UK Recent Past, Current & Future Analysis for
Industrial Furnaces & Ovens by Product Segment - Electrical
Industrial Furnaces & Ovens (Electric Furnaces, Electric
Ovens & Kilns and Other Electric Furnaces & Ovens),
Induction & Dielectric Furnaces & Ovens, Industrial Electric
Heating Equipment, Fuel-fired Industrial Furnaces & Ovens,
and Other Industrial Furnaces & Ovens Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2001 through 2010 (includes corresponding Graph/Chart) III-45

Table 62: UK Long-Term Projections for Industrial Furnaces &
Ovens by Product Segment - Electrical Industrial Furnaces &
Ovens (Electric Furnaces, Electric Ovens & Kilns and Other
Electric Furnaces & Ovens), Induction & Dielectric Furnaces
& Ovens, Industrial Electric Heating Equipment, Fuel-fired
Industrial Furnaces & Ovens, and Other Industrial Furnaces &
Ovens Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) III-46

Table 63: UK Historic Review for Industrial Furnaces & Ovens
by Product Segment -Electrical Industrial Furnaces & Ovens
(Electric Furnaces, Electric Ovens & Kilns and Other
Electric Furnaces & Ovens), Induction & Dielectric Furnaces
& Ovens, Industrial Electric Heating Equipment, Fuel-fired
Industrial Furnaces & Ovens, and Other Industrial Furnaces &
Ovens Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 1991 through 2000
(includes corresponding Graph/Chart) III-47

Table 64: UK 15-Year Perspective for Industrial Furnaces &
Ovens by Product Segment - Percentage Breakdown of Dollar
Sales for Electrical Industrial Furnaces & Ovens (Electric
Furnaces, Electric Ovens & Kilns and Other Electric Furnaces
& Ovens), Induction & Dielectric Furnaces & Ovens,
Industrial Electric Heating Equipment, Fuel-fired Industrial
Furnaces & Ovens, and Other Industrial Furnaces & Ovens
Markets for 1998, 2008 and 2012 (includes corresponding
Graph/Chart) III-48

4e. Spain III-49
Market Analysis III-49
Table 65: Spanish Recent Past, Current & Future Analysis for
Industrial Furnaces & Ovens by Product Segment - Electrical
Industrial Furnaces & Ovens (Electric Furnaces, Electric
Ovens & Kilns and Other Electric Furnaces & Ovens),
Induction & Dielectric Furnaces & Ovens, Industrial Electric
Heating Equipment, Fuel-fired Industrial Furnaces & Ovens,
and Other Industrial Furnaces & Ovens Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2001 through 2010 (includes corresponding Graph/Chart) III-49

Table 66: Spanish Long-Term Projections for Industrial
Furnaces & Ovens by Product Segment - Electrical Industrial
Furnaces & Ovens (Electric Furnaces, Electric Ovens & Kilns
and Other Electric Furnaces & Ovens), Induction & Dielectric
Furnaces & Ovens, Industrial Electric Heating Equipment,
Fuel-fired Industrial Furnaces & Ovens, and Other
Industrial Furnaces & Ovens Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) III-50

Table 67: Spanish Historic Review for Industrial Furnaces &
Ovens by Product Segment - Electrical Industrial Furnaces &
Ovens (Electric Furnaces, Electric Ovens & Kilns and Other
Electric Furnaces & Ovens), Induction & Dielectric Furnaces
& Ovens, Industrial Electric Heating Equipment, Fuel-fired
Industrial Furnaces & Ovens, and Other Industrial Furnaces &
Ovens Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 1991 through 2000 (includes
corresponding Graph/Chart) III-51

Table 68: Spanish 15-Year Perspective for Industrial
Furnaces & Ovens by Product Segment - Percentage Breakdown
of Dollar Sales for Electrical Industrial Furnaces &Ovens
(Electric Furnaces, Electric Ovens & Kilns and Other
Electric Furnaces & Ovens), Induction & Dielectric Furnaces
& Ovens, Industrial Electric Heating Equipment, Fuel-fired
Industrial Furnaces & Ovens, and Other Industrial Furnaces
& Ovens Markets for 1998, 2008 and 2012 (includes
corresponding Graph/Chart) III-52

4f. Russia III-53
Market Analysis III-53
Table 69: Russian Recent Past, Current & Future Analysis
for Industrial Furnaces & Ovens by Product Segment -
Electrical Industrial Furnaces & Ovens (Electric Furnaces,
Electric Ovens & Kilns and Other Electric Furnaces & Ovens),
Induction & Dielectric Furnaces & Ovens, Industrial Electric
Heating Equipment, Fuel-fired Industrial Furnaces & Ovens,
and Other Industrial Furnaces & Ovens Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2001 through 2010 (includes corresponding Graph/Chart) III-53

Table 70: Russian Long-Term Projections for Industrial
Furnaces & Ovens by Product Segment - Electrical Industrial
Furnaces & Ovens (Electric Furnaces, Electric Ovens & Kilns
and Other Electric Furnaces & Ovens), Induction & Dielectric
Furnaces & Ovens, Industrial Electric Heating Equipment,
Fuel-fired Industrial Furnaces & Ovens, and Other Industrial
Furnaces & Ovens Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2011 through 2015
(includes corresponding Graph/Chart) III-54

Table 71: Russian Historic Review for Industrial Furnaces &
Ovens by Product Segment -Electrical Industrial Furnaces &
Ovens (Electric Furnaces, Electric Ovens & Kilns and Other
Electric Furnaces & Ovens), Induction & Dielectric Furnaces
& Ovens, Industrial Electric Heating Equipment, Fuel-fired
Industrial Furnaces & Ovens, and Other Industrial Furnaces &
Ovens Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 1991 through 2000
(includes corresponding Graph/Chart) III-55

Table 72: Russian 15-Year Perspective for Industrial
Furnaces & Ovens by Product Segment - Percentage Breakdown
of Dollar Sales for Electrical Industrial Furnaces &Ovens
(Electric Furnaces, Electric Ovens & Kilns and Other
Electric Furnaces & Ovens), Induction & Dielectric Furnaces
& Ovens, Industrial Electric Heating Equipment, Fuel-fired
Industrial Furnaces & Ovens, and Other Industrial Furnaces &
Ovens Markets for 1998, 2008 and 2012 (includes
corresponding Graph/Chart) III-56

4g. Rest of Europe III-57
Market Analysis III-57
Table 73: Rest of Europe Market for Industrial Furnaces &
Ovens - Recent Past, Current & Future Analysis byProduct
Segment for Electrical Industrial Furnaces & Ovens (Electric
Furnaces, Electric Ovens & Kilns andOther Electric Furnaces
& Ovens), Induction &Dielectric Furnaces & Ovens,
Industrial ElectricHeating Equipment, Fuel-fired Industrial
Furnaces & Ovens, and Other Industrial Furnaces and Ovens
Markets Independently Analyzed with Annual Sales Figuresin
US$ Million for Years 2001 through 2010(includes
corresponding Graph/Chart) III-57

Table 74: Rest of Europe Market for Industrial Furnaces &
Ovens - Long-Term Projections by Product Segment -
Electrical Industrial Furnaces & Ovens (Electric Furnaces,
Electric Ovens & Kilns and Other Electric Furnaces & Ovens),
Induction & Dielectric Furnaces & Ovens, Industrial Electric
Heating Equipment, Fuel-fired Industrial Furnaces & Ovens,
and Other Industrial Furnaces & Ovens Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2011 through 2015 (includes corresponding Graph/Chart) III-58

Table 75: Rest of Europe Market for Industrial Furnaces &
Ovens - Historic Review by Product Segment for Electrical
Industrial Furnaces & Ovens (Electric Furnaces, Electric
Ovens & Kilns and Other Electric Furnaces & Ovens),
Induction & Dielectric Furnaces & Ovens, Industrial Electric
Heating Equipment, Fuel-fired Industrial Furnaces & Ovens,
and Other Industrial Furnaces & Ovens Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
1991 through 2000 (includes corresponding Graph/Chart) III-59

Table 76: Rest of Europe 15-Year Perspective for Industrial
Furnaces & Ovens by Product Segment - Percentage Breakdown
of Dollar Sales for Electrical Industrial Furnaces &Ovens
(Electric Furnaces, Electric Ovens & Kilns and Other
Electric Furnaces & Ovens), Induction & Dielectric Furnaces
& Ovens, Industrial Electric Heating Equipment, Fuel-fired
Industrial Furnaces & Ovens, and Other Industrial Furnaces
&Ovens Markets for 1998, 2008 and 2012 (includes
corresponding Graph/Chart) III-60

5. Asia-Pacific III-61
A.Market Analysis III-61
Outlook III-61
Strategic Corporate Developments III-61
Beijing Shenwu Thermal Energy Technology Co (China) - A
Major Player III-63
B.Market Analytics III-63
Table 77: Asia-Pacific Market for IndustrialFurnaces & Ovens
- Recent Past, Current & Future Analysis by Product Segment
for ElectricalIndustrial Furnaces & Ovens (Electric
Furnaces,Electric Ovens & Kilns and Other ElectricFurnaces &
Ovens), Induction & Dielectric Furnaces & Ovens, Industrial
ElectricHeating Equipment, Fuel-fired IndustrialFurnaces &
Ovens, and Other IndustrialFurnaces & Ovens Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2001 through 2010 (includes corresponding
Graph/Chart) III-63

Table 78: Asia-Pacific Market for Industrial Furnaces &
Ovens - Long-Term Projections by Product Segment -
Electrical Industrial Furnaces & Ovens (Electric Furnaces,
Electric Ovens & Kilns and Other Electric Furnaces & Ovens),
Induction & Dielectric Furnaces & Ovens, Industrial Electric
Heating Equipment, Fuel-fired Industrial Furnaces & Ovens,
and Other Industrial Furnaces & Ovens Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2011 through 2015 (includes corresponding Graph/Chart) III-64

Table 79: Asia-Pacific Market for Industrial Furnaces &
Ovens - Historic Review by Product Segment for Electrical
Industrial Furnaces & Ovens (Electric Furnaces, Electric
Ovens & Kilns and Other Electric Furnaces & Ovens),
Induction & Dielectric Furnaces & Ovens,Industrial Electric
Heating Equipment, Fuel-fired Industrial Furnaces & Ovens,
and Other Industrial Furnaces & Ovens Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
1991 through 2000 (includes corresponding Graph/Chart) III-65

Table 80: Asia - Pacific 15-Year Perspective for Industrial
Furnaces & Ovens by Product Segment - Percentage Breakdown
of Dollar Sales for Electrical Industrial Furnaces &Ovens
(Electric Furnaces, Electric Ovens & Kilns and Other
Electric Furnaces & Ovens), Induction & Dielectric Furnaces
& Ovens, Industrial Electric Heating Equipment, Fuel-fired
Industrial Furnaces & Ovens, and Other Industrial Furnaces
&Ovens Markets for 1998, 2008 and 2012 (includes
corresponding Graph/Chart) III-66

6. The Middle East III-67
A.Market Analysis III-67
Outlook III-67
Strategic Corporate Developments III-67
B.Market Analytics III-68
Table 81: Middle East Market for Industrial Furnaces & Ovens
- Recent Past, Current & Future Analysis by Product Segment
for Electrical Industrial Furnaces & Ovens (Electric
Furnaces, Electric Ovens & Kilns and Other Electric Furnaces
& Ovens), Induction & Dielectric Furnaces & Ovens,
Industrial Electric Heating Equipment, Fuel-fired Industrial
Furnaces & Ovens, and Other Industrial Furnaces & Ovens
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2001 through 2010 (includes
corresponding Graph/Chart) III-68

Table 82: Middle East Market for Industrial Furnaces & Ovens
- Long-Term Projections by Product Segment for Electrical
Industrial Furnaces & Ovens (Electric Furnaces, Electric
Ovens & Kilns and Other Electric Furnaces & Ovens),
Induction & Dielectric Furnaces & Ovens, Industrial Electric
Heating Equipment, Fuel-fired Industrial Furnaces & Ovens,
and Other Industrial Furnaces & Ovens Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2011 through 2015 (includes corresponding Graph/Chart) III-69

Table 83: Middle East Market for Industrial Furnaces & Ovens
- Historic Review by Product Segment for Electrical
Industrial Furnaces & Ovens (Electric Furnaces, Electric
Ovens & Kilns and Other Electric Furnaces & Ovens),
Induction & Dielectric Furnaces & Ovens, Industrial Electric
Heating Equipment, Fuel-fired Industrial Furnaces & Ovens,
and Other Industrial Furnaces &Ovens Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
1991 through 2000 (includes corresponding Graph/Chart) III-70

Table 84: Middle East 15-Year Perspective for Industrial
Furnaces & Ovens by Product Segment - Percentage Breakdown
of Dollar Sales for Electrical Industrial Furnaces &Ovens
(Electric Furnaces, Electric Ovens & Kilns and Other
Electric Furnaces & Ovens), Induction & Dielectric Furnaces
& Ovens, Industrial Electric Heating Equipment, Fuel-fired
Industrial Furnaces & Ovens, and Other Industrial Furnaces &
Ovens Markets for 1998, 2008 and 2012 (includes
corresponding Graph/Chart) III-71

7. Latin America III-72
A.Market Analysis III-72
Outlook III-72
Strategic Corporate Developments III-72
B.Market Analytics III-73
Table 85: Latin-America Market for Industrial Furnaces &
Ovens - Recent Past, Current & Future Analysis by Product
Segment for Electrical Industrial Furnaces & Ovens (Electric
Furnaces, Electric Ovens & Kilns and Other Electric Furnaces
& Ovens), Induction & Dielectric Furnaces & Ovens,
Industrial Electric Heating Equipment, Fuel-fired Industrial
Furnaces & Ovens, and Other Industrial Furnaces & Ovens
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2001 through 2010 (includes
corresponding Graph/Chart) III-73

Table 86: Latin America Market for Industrial Furnaces and
Ovens - Long-Term Projections by Product Segment for
Electrical Industrial Furnaces & Ovens (Electric Furnaces,
Electric Ovens & Kilns and Other Electric Furnaces & Ovens),
Induction & Dielectric Furnaces and Ovens, Industrial
Electric Heating Equipment, Fuel-fired Industrial Furnaces
& Ovens, and Other Industrial Furnaces & Ovens Markets
Independently Analyzed with Annual Sales Figures in US$
Million or Years2011 through 2015 (includes corresponding
Graph/Chart) III-74

Table 87: Latin-America Market for Industrial Furnaces &
Ovens - Historic Review by Product Segment for Electrical
Industrial Furnaces & Ovens (Electric Furnaces, Electric
Ovens & Kilns and Other Electric Furnaces & O