Hardening Furnace

Hardening Furnace Market Outlook

The global hardening furnace market is projected to reach approximately USD 3.5 billion by 2035, growing at a Compound Annual Growth Rate (CAGR) of about 5.3% from 2025 to 2035. This growth can be attributed to the increasing demand across various industries for improved material performance and durability, which is significantly enhanced by hardening processes. The rise in automotive and aerospace industries, coupled with advancements in technology, is driving the adoption of modern hardening furnaces. Moreover, the growing trend of lightweight manufacturing components is propelling the hardening furnace market as companies strive for efficiency and higher performance products. Additionally, the focus on energy-efficient heating methods is prompting manufacturers to innovate and optimize existing furnace designs, leading to further market expansion.

Growth Factor of the Market

The growth of the hardening furnace market can be attributed to several key factors, including the relentless demand for high-strength materials in manufacturing processes. Industries such as automotive and aerospace are constantly evolving, necessitating the use of materials that can withstand extreme conditions, which hardening furnaces help achieve. Furthermore, technological advancements in furnace designs and processes are enhancing efficiency and reducing operational costs, making hardening furnaces a preferred choice for manufacturers. The increasing adoption of automation in manufacturing is also contributing to the market's growth, as modern furnaces can be integrated into automated production lines for improved productivity. Additionally, the shift towards sustainable manufacturing practices, including energy-efficient heating methods and reduced emissions, is prompting industries to invest in advanced hardening solutions, further driving market growth.

Key Highlights of the Market

• The global hardening furnace market is expected to witness a steady growth rate fueled by industrial advancements and demand for stronger materials.
• Continuous hardening furnaces are gaining popularity due to their efficiency and ability to operate over prolonged periods without interruptions.
• The automotive and aerospace sectors are the primary end-users, accounting for a significant share of the market due to their high material specifications.
• The Asia Pacific region is expected to dominate the market, driven by rapid industrialization and increasing manufacturing activities.
• Technological innovations, including energy-efficient heating methods and automation, are key trends shaping the future of the hardening furnace market.

By Furnace Type

Continuous Hardening Furnace:

The continuous hardening furnace segment is gaining traction due to its ability to process large volumes of materials in an uninterrupted flow. This type of furnace is particularly favored in industries that require mass production, such as automotive and machinery. Continuous hardening furnaces incorporate advanced mechanisms that ensure uniform heating and cooling, which are critical for achieving the desired material properties. The automation capabilities of these furnaces enhance production efficiency and reduce labor costs, leading to their increased adoption. Additionally, as manufacturers strive for operational excellence, the continuous hardening furnace presents a viable solution by minimizing cycle times and maximizing throughput.

Batch Hardening Furnace:

Batch hardening furnaces are widely utilized for their flexibility, allowing manufacturers to process small batches of materials with varying specifications. This type of furnace is particularly beneficial for tool and die manufacturing, where specific heat treatment processes are required for different components. The batch process facilitates precise control over heating and cooling rates, which is essential for achieving optimal hardness levels in diverse materials. Furthermore, batch hardening furnaces are often more cost-effective for small-scale production, making them a popular choice among small and medium enterprises. The adaptability of batch hardening furnaces to different materials and processes enhances their appeal in the market.

Vacuum Hardening Furnace:

Vacuum hardening furnaces are increasingly being adopted due to their ability to prevent oxidation and contamination during the hardening process. This type of furnace is particularly crucial for applications requiring high purity and precision, such as aerospace and medical device manufacturing. The vacuum environment ensures that the material retains its mechanical properties without compromising quality. Additionally, vacuum hardening furnaces offer improved energy efficiency and reduced cycle times, making them an attractive option for manufacturers. As industries continue to prioritize quality and performance, the demand for vacuum hardening solutions is expected to grow significantly in the coming years.

Salt Bath Hardening Furnace:

Salt bath hardening furnaces are recognized for their effective heat treatment capabilities, particularly for achieving high hardness levels in a variety of materials. The salt bath process allows for rapid heating and cooling, providing uniform temperatures that enhance the material's structural integrity. This method is particularly popular in the automotive and machinery industries, where precise hardness levels are critical for component durability. Moreover, salt bath hardening furnaces are often more energy-efficient compared to traditional methods, as they require lower operating temperatures. As a result, the segment is poised for growth as manufacturers look for cost-effective and efficient hardening solutions.

Atmosphere Hardening Furnace:

Atmosphere hardening furnaces are designed to provide controlled environments during the hardening process, which is crucial for achieving specific material properties. These furnaces allow for the adjustment of atmospheric conditions, enabling manufacturers to tailor the hardening process to meet particular requirements. As industries increasingly demand customized solutions, atmosphere hardening furnaces are becoming more popular. They are especially favored in the tool and die industry, where precise hardening is vital. The ability to control the atmosphere not only improves the quality of the hardened material but also reduces the risk of defects, making this type of furnace a valuable asset in modern manufacturing.

By Application

Automotive Industry:

The automotive industry is one of the largest consumers of hardening furnaces, driven by the need for high-strength components that can withstand rigorous conditions. As vehicle manufacturers focus on enhancing safety and performance, the demand for hardening processes that improve material durability is paramount. Hardening furnaces are utilized for various applications including gears, axles, and crankshafts, ensuring they meet stringent automotive standards. The trend towards electric vehicles is also impacting the hardening furnace market, as manufacturers seek innovative materials that enhance efficiency and reduce weight. As the automotive industry continues to evolve, the demand for advanced hardening solutions is expected to surge.

Aerospace Industry:

The aerospace industry has stringent material requirements due to the critical nature of its applications. Hardening furnaces play a crucial role in processing materials that must endure extreme temperatures and stresses during flight. Components such as turbine blades and landing gears are often subjected to hardening processes to enhance their strength and longevity. The adoption of lightweight materials, including titanium and advanced alloys, is also driving the need for specialized hardening solutions. As the aerospace sector continues to innovate and expand, the demand for high-performance hardening furnaces will remain robust, reflecting the industry's commitment to safety and efficiency.

Machinery Industry:

In the machinery industry, hardening furnaces are essential for producing components that require enhanced wear resistance. Various machinery parts, including bearings and shafts, undergo hardening to ensure they can withstand the operational stresses they encounter. The rise in automation and advanced manufacturing techniques is bolstering the need for durable machinery components, further driving the demand for hardening solutions. Moreover, as industries prioritize reliability and performance, manufacturers are increasingly investing in modern hardening furnaces that incorporate state-of-the-art technologies. This trend is expected to propel the growth of the hardening furnace market within the machinery sector.

Tool & Die Industry:

The tool and die industry relies heavily on hardening processes to produce high-quality tools that can maintain their sharpness and performance over time. Hardening furnaces are utilized to treat materials used in cutting tools, dies, and molds, ensuring they possess the requisite hardness and toughness. As manufacturers seek to produce more complex and precise tools, the demand for specialized hardening solutions is increasing. Furthermore, the need for sustainable manufacturing practices is prompting the industry to adopt energy-efficient hardening furnaces, enhancing productivity while minimizing environmental impact. Consequently, the tool and die sector is expected to be a significant driver of growth in the hardening furnace market.

Energy Industry:

The energy industry is an emerging application for hardening furnaces, particularly as the world shifts towards renewable energy sources. Components used in wind turbines, solar panels, and other energy systems require durability and strength, making hardening processes essential. As the demand for sustainable energy solutions grows, manufacturers are increasingly investing in hardening furnaces to ensure that the components they produce can withstand harsh environmental conditions. Additionally, the ongoing advancements in energy technologies are leading to innovations in material science, further driving the need for effective hardening solutions. As the energy sector continues to evolve, the hardening furnace market is poised for significant growth.

By Heating Method

Electric Hardening Furnace:

Electric hardening furnaces are gaining popularity due to their efficiency and precision in heat treatment processes. These furnaces utilize electrical resistance as the primary heating source, allowing for controlled temperature management and faster heating times. The ability to achieve high temperatures with minimal energy consumption makes electric furnaces an attractive option for various industries, including automotive and aerospace. Furthermore, the reduced emissions associated with electric heating align with the growing emphasis on sustainability in manufacturing. As electric hardening technologies continue to advance, the market for electric furnaces is expected to witness significant growth.

Gas Hardening Furnace:

Gas hardening furnaces are widely used for their cost-effectiveness and high heating capabilities. Utilizing natural gas or propane as the heating source, these furnaces offer a reliable method for heat treatment processes. Gas furnaces are particularly advantageous for industries that require rapid heating and cooling cycles, as they can quickly reach and maintain high temperatures. The versatility of gas hardening furnaces allows for a wide range of applications, from tool and die manufacturing to automotive components. As industries prioritize efficiency and performance, the demand for gas hardening furnaces is anticipated to grow, bolstered by ongoing advancements in gas heating technologies.

Induction Hardening Furnace:

Induction hardening furnaces are increasingly favored for their ability to provide localized heating, making them ideal for hardening specific sections of components without affecting the entire material. This method is particularly useful in applications where high precision is required, such as in the manufacturing of gears and shafts. The rapid heating and cooling cycles offered by induction hardening result in improved hardness and wear resistance. Moreover, the energy efficiency of induction heating contributes to lower operational costs, making this technology an attractive option for manufacturers. As the demand for high-performance materials continues to rise, the induction hardening furnace segment is expected to experience substantial growth.

Salt Bath Hardening Furnace:

Salt bath hardening furnaces are recognized for their unique capabilities in achieving uniform heating and cooling processes. By immersing components in a heated salt bath, manufacturers can obtain optimal hardness levels without the risk of oxidation. This method is particularly beneficial for high-performance applications in the automotive and aerospace sectors. Moreover, the ability of salt bath hardening furnaces to process various materials makes them a versatile option for different industries. As manufacturers seek more efficient and reliable hardening solutions, the adoption of salt bath furnaces is expected to grow, driven by their advantages in quality and energy savings.

Plasma Hardening Furnace:

Plasma hardening furnaces are an innovative solution for achieving high hardness levels on the surface of materials. Utilizing plasma technology, this method enables the treatment of complex geometries and smaller parts that may be challenging to process with traditional methods. The precision and control offered by plasma hardening contribute to enhanced material properties, including increased resistance to wear and corrosion. As industries continue to demand advanced materials with superior performance characteristics, the adoption of plasma hardening furnaces is likely to grow. This technology is particularly appealing for specialized applications in sectors such as aerospace, automotive, and medical devices, as manufacturers look to achieve high-quality standards.

By User

Large Enterprises:

Large enterprises represent a significant portion of the hardening furnace market, as they typically operate at a larger scale and require robust solutions for mass production. These organizations often invest in advanced hardening technologies to meet the high material standards demanded by their industries, such as automotive, aerospace, and heavy machinery. The ability to produce high-strength components efficiently and reliably is crucial for large manufacturers, leading them to adopt modern hardening furnaces with advanced features such as automation and energy efficiency. Furthermore, as large enterprises strive for operational excellence, the implementation of innovative hardening solutions is essential for maintaining competitive advantages in global markets.

Small & Medium Enterprises:

Small and medium enterprises (SMEs) are increasingly recognizing the value of hardening furnaces in enhancing their production capabilities. Although SMEs may have different operational scales compared to large enterprises, they are equally focused on improving the quality and durability of their products. The flexibility of batch hardening furnaces makes them particularly appealing to SMEs, as these furnaces allow for the processing of smaller quantities of materials without significant investment in large-scale operations. As the demand for specialized components grows, SMEs are adopting advanced hardening technologies that enable them to compete effectively in their respective markets. Furthermore, the continued innovation in affordable and energy-efficient hardening solutions is making it easier for SMEs to invest in furnace technologies that meet their needs.

By Region

The hardening furnace market is witnessing substantial growth across various regions, with Asia Pacific expected to dominate the landscape. The region's market is projected to account for over 35% of the global share by 2035, driven by rapid industrialization, a booming manufacturing sector, and increasing investments in advanced manufacturing technologies. Countries such as China, India, and Japan are at the forefront of this growth, as they expand their automotive, aerospace, and machinery industries. The CAGR for the Asia Pacific region is estimated to be around 6.0%, reflecting the significant opportunities present in emerging economies where infrastructure development and mechanization are on the rise.

North America and Europe are also notable players in the hardening furnace market, contributing to approximately 25% and 30% of the market share, respectively. The North American market is characterized by a strong focus on technological advancements and innovation in manufacturing processes, particularly in industries such as aerospace and automotive. In Europe, stringent regulations regarding product quality and performance are driving the demand for advanced hardening solutions. The CAGR for the North American region is projected to be around 4.5%, while Europe is expected to grow at a rate of 5.0%. The ongoing transition towards sustainable manufacturing practices in both regions is further propelling the adoption of energy-efficient hardening furnaces.

Opportunities

The hardening furnace market presents numerous opportunities for growth, particularly as industries continue to evolve and prioritize advanced material properties. One of the key opportunities lies in the increasing demand for lightweight and high-strength materials across various sectors. As manufacturers explore new materials, the need for specialized hardening processes will grow, creating avenues for furnace manufacturers to develop innovative solutions. Furthermore, the ongoing trend towards automation and Industry 4.0 is reshaping manufacturing processes, prompting companies to invest in smart hardening furnaces that integrate seamlessly into automated production lines. This integration not only enhances operational efficiency but also enables real-time monitoring and data analysis, leading to improved quality control and reduced production costs.

Another significant opportunity is the shift towards sustainable manufacturing practices. As industries become more environmentally conscious, there is a growing demand for energy-efficient hardening solutions that minimize emissions and energy consumption. Manufacturers that invest in developing greener technologies, such as electric and induction hardening furnaces, are likely to gain a competitive edge in the market. Additionally, government regulations and incentives promoting the adoption of sustainable practices are further driving this trend. As companies seek to achieve their sustainability goals, the hardening furnace market is poised to benefit from increased investments in eco-friendly heating methods and technologies.

Threats

While the hardening furnace market offers numerous growth opportunities, it is not without its challenges. One of the primary threats is the increasing competition from low-cost manufacturing regions, particularly in Asia. Manufacturers in countries such as China and India can offer hardening solutions at significantly lower prices, posing a challenge to companies in developed markets. This price competition can lead to reduced profit margins and may impact the willingness of manufacturers in higher-cost regions to invest in innovative furnace technologies. Furthermore, the rapid pace of technological advancements means that companies must continuously adapt and upgrade their offerings to remain competitive, which can strain resources and operational capabilities.

Another significant threat pertains to the volatility of raw material prices, which can impact the production costs of hardening furnaces. Fluctuations in the prices of essential components, such as metals and insulation materials, can lead to unpredictable costs for manufacturers, affecting their pricing strategies and overall profitability. Additionally, disruptions in the supply chain, particularly those caused by geopolitical tensions or natural disasters, can further exacerbate these challenges. As manufacturers rely on a network of suppliers for their components, any disruptions can lead to delays in production and fulfillment, ultimately impacting customer satisfaction and market share.

Competitor Outlook

• Ajax Tocco Magnethermic Corporation
• Inductotherm Group
• SECO/WARWICK S.A.
• ALD Vacuum Technologies GmbH
• Fives Group
• Bodycote plc
• Thermtech Industries Inc.
• Oven Industries Inc.
• Carbolite Gero Ltd.
• Giorgio Gallo s.r.l.
• Hitachi Metals Ltd.
• Despatch Industries
• Hepworth Engineering
• Blasch Precision Ceramics
• Tenova S.p.A.

The competitive landscape of the hardening furnace market is characterized by a diverse range of manufacturers that offer a variety of technologies and solutions tailored to different industrial applications. Companies are increasingly engaging in strategic partnerships and collaborations to enhance their product offerings and expand their market reach. The focus on innovation is paramount, with many manufacturers investing heavily in research and development to create advanced hardening technologies that meet the evolving demands of various industries. Additionally, companies are prioritizing sustainability by developing energy-efficient furnaces and processes that align with the growing emphasis on eco-friendly manufacturing practices.

Major companies such as Ajax Tocco Magnethermic Corporation and Inductotherm Group are at the forefront of innovation in the hardening furnace market. Ajax Tocco specializes in induction heating technologies, offering a range of solutions for various applications, including automotive and aerospace. Their commitment to providing high-performance, energy-efficient products has positioned them as a leader in the sector. Similarly, Inductotherm Group is known for its advanced induction melting and heating technologies, catering to the needs of a wide range of industries. Their focus on customer-centric solutions and continuous improvement has enabled them to maintain a competitive advantage in the market.

Another prominent player, SECO/WARWICK S.A., has established itself as a key provider of heat treatment technologies, including hardening furnaces. With a strong emphasis on innovation and customization, SECO/WARWICK tailors its solutions to meet the specific requirements of its customers across various industries. Their commitment to sustainability and energy efficiency is evident in their product offerings, which often integrate advanced technologies aimed at reducing environmental impact. Companies like ALD Vacuum Technologies GmbH and Bodycote plc also contribute significantly to the market, offering specialized solutions for vacuum and batch hardening processes, respectively, further enriching the competitive landscape of the hardening furnace market.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Fives Group
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Bodycote plc
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Tenova S.p.A.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 SECO/WARWICK S.A.
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Inductotherm Group
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Carbolite Gero Ltd.
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Despatch Industries
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Hitachi Metals Ltd.
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Giorgio Gallo s.r.l.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Hepworth Engineering
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Oven Industries Inc.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Blasch Precision Ceramics
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Thermtech Industries Inc.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 ALD Vacuum Technologies GmbH
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Ajax Tocco Magnethermic Corporation
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Hardening Furnace Market, By User
    • 6.1.1 Large Enterprises
    • 6.1.2 Small & Medium Enterprises
  • 6.2 Hardening Furnace Market, By Application
    • 6.2.1 Automotive Industry
    • 6.2.2 Aerospace Industry
    • 6.2.3 Machinery Industry
    • 6.2.4 Tool & Die Industry
    • 6.2.5 Energy Industry
  • 6.3 Hardening Furnace Market, By Furnace Type
    • 6.3.1 Continuous Hardening Furnace
    • 6.3.2 Batch Hardening Furnace
    • 6.3.3 Vacuum Hardening Furnace
    • 6.3.4 Salt Bath Hardening Furnace
    • 6.3.5 Atmosphere Hardening Furnace
  • 6.4 Hardening Furnace Market, By Heating Method
    • 6.4.1 Electric Hardening Furnace
    • 6.4.2 Gas Hardening Furnace
    • 6.4.3 Induction Hardening Furnace
    • 6.4.4 Salt Bath Hardening Furnace
    • 6.4.5 Plasma Hardening Furnace

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Hardening Furnace Market by Region
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Hardening Furnace market is categorized based on

By Furnace Type

• Continuous Hardening Furnace
• Batch Hardening Furnace
• Vacuum Hardening Furnace
• Salt Bath Hardening Furnace
• Atmosphere Hardening Furnace

By Application

• Automotive Industry
• Aerospace Industry
• Machinery Industry
• Tool & Die Industry
• Energy Industry

By Heating Method

• Electric Hardening Furnace
• Gas Hardening Furnace
• Induction Hardening Furnace
• Salt Bath Hardening Furnace
• Plasma Hardening Furnace

By User

• Large Enterprises
• Small & Medium Enterprises

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Ajax Tocco Magnethermic Corporation
• Inductotherm Group
• SECO/WARWICK S.A.
• ALD Vacuum Technologies GmbH
• Fives Group
• Bodycote plc
• Thermtech Industries Inc.
• Oven Industries Inc.
• Carbolite Gero Ltd.
• Giorgio Gallo s.r.l.
• Hitachi Metals Ltd.
• Despatch Industries
• Hepworth Engineering
• Blasch Precision Ceramics
• Tenova S.p.A.