Induction Furnace Market Key Players and Market Opportunities till 2032

The induction furnace market is expected to exceed $1.5 billion by 2025, growing at a CAGR of 5.6%.The induction furnace market offers a clean, energy efficient and controllable melting process and is commonly used in the production of steel, copper and aluminum. Induction furnaces use convection current to reach the melting point of these metals, using less energy than other furnaces that typically fire at temperatures higher than those required to melt the metals. The channel induction furnace […]