The growing Industrial Furnace Industry is big business both in manufacturing and in international trade. The newly released 2014 industry report listed $3 billion USD in total revenue. The gross profit total was reported at 26.21% with an import value of $.7 billion USD from 60 different countries.
The industrial furnace industry also exported an estimated $.9 billion USD worth of products and other merchandise to 149 countries last year.
Overall, if you add in the 2014 annual import value and subtract the export value, the industrial furnace industry commands a total domestic demand and value of $2.8 billion USD.
These findings come from a recent report on the Industrial Furnace Industry conducted by Research and Markets Ltd. Below is their report summary which includes a link to the full report if you are interested.
“Industrial Furnace Report Summary:
This 167-page report contains unparalleled industry market research in breadth and depth, providing a comprehensive view of the industry within the context of the overall international manufacturing economy. The report’s supply and demand data covers U.S. shipments and international trade while also considering the industry’s capacity utilization. The industry level income statements, balance sheets, and capital expenditure analysis in this report contain all the necessary data for financial benchmarking. In the cost analysis section you will find 35 upstream industries are analyzed to offer insight into the supply chain cost structure. For the channel and pricing structure an additional 5 downstream industries are analyzed. The competitive landscape section reports on the number of firms and their industry revenue share, market concentration, and a list of major players. Related trade associations, industry standards, and additional trade publications are also listed in the report.
Companies listed in this report include
– Axcelis Technologies, Inc.
– BTU International, Inc.
– Chromalox, Inc.
– Graham Corporation
– Instron Corporation
– Lincoln Electric Holdings, Inc.
– Met-Pro Corporation
– Research, Inc.
– Watlow Electric Manufacturing Company”
For more information about industrial ovens and furnaces, contact our offices at 714-223-7262.
The manufacturing world is changing. The entire chain-supply of manufacturers, resellers, and customers is shifting into a new dynamic to accommodate international competition. Staying ahead of the industrial furnace manufacturing evolution is vital to thriving and surpassing customer needs in this new industry atmosphere.
Let’s look at some Industrial Furnace Manufacturing trends
- The SMAC Stack (social, mobile, analytics, cloud).
- SMAC is the new driving force that is revitalizing the industrial furnace manufacturing industry. The SMAC Stack is becoming an essential technological tool for manufactures and represents the biggest opportunity for increasing customer engagement. The need to innovate is forcing industry change within a historically conservative “if it’s not broke don’t fix it” industry, and SMAC is helping early adopters in the manufacturing market increase efficiencies and change. According to an IDC white paper, “The Future of Manufacturing, the popularity of social media continues to force industrial furnace manufacturers to become more customer-centric. The conventional business-to-business model has died and the new manufacturing industry has a customer who is highly informed and expects a highly connected and responsive manufacturer. The industrial furnace manufacturing industry will need to be meeting and surpassing all of these customer’s needs in order to stay at the top of the game. Social media has also become a manufacturer’s most impactful tool for branding.
- Automation and the Internet of Things to Do (IoT)
- A renewed interest in information and engineering education is creating a labor force that can manage highly technical systems and greater automation. More time is then available for research and development as well are career development. IoT creates opportunities for increased efficiency and savings on labor and service costs.
- Next-Shoring, bringing outsourcing back home
- With increases in tech savvy workers, rising wages in Asia, increased shipping costs, and the demand to speed up production times has caused employers to have every department in house. This is leading to faster order processing times, faster order shipments, and lower costs in the warehouse and at the docks.
For more information about Industrial Furnaces please call 714-223-7262 or visit us on the web at www.BakerFurnace.com .
An Enclosed Ground Flare, also known as a thermal oxidizer or vapor combustor, is a combustion system that takes exhaust gases which are potentially toxic or flammable and converts them into less harmful vapors without using a stack.
There are two main types of ground flares, enclosed ground flares and open ground flares. The advantage of having an enclosed ground flare is that it does not require supports or a stack, like an elevated flare would. The removal of the stack portion of the system allows pilots and other weather sensitive equipment, which has a tendency to corrode, to be easily replaced and cleaned.
An enclosed ground flare is much more common than an open ground flare. This combustion system utilizes a refractory shell to enclose the incineration process. This essential shell shields radiation, the internal blaze and noise. The internal processes of the enclosed ground flare are the same as that of the elevated flare.
While an enclosed ground flare has a higher price tag, they are less expensive to operate and are easier to maintain. The handling capacity of an enclosed flare is between 50,000 and 250,000 lb/h and most units are smokeless.
An open ground flare can come in several different configurations. Most systems have multiple burners working together ignite large amounts of gas. Open ground flares are able to burn larger quantities at a time. These units are almost completely smokeless and have a very high gaseous conversion rate.
The open ground flare units contain a limited amount of space for the burners. This means that the units must be kept at a distance for safety reasons. These systems also require a gas pressure of 3-5 psi, which is much higher than any other type of flare system. While open ground flare units are effective, their bright light, noise and heat emissions require that the unit be used in a more secluded area.
Enclosed Ground Flares emit less noise, light and heat.
|Special Operating Issues
|Ease of Maintenance
For questions about Enclosed Ground Flares, contact the professionals at Baker Furnace at 714-223-7262.
There are many different types of Enclosed Ground Flare Systems currently on the market. However, all of these units are not created equal. Here is a list of things to consider if you are in the market to buy an Enclosed Ground Flare.
- Will the Enclosed Ground Flare unit meet BACT (Best Available Control Technology) criteria for destroying Hydrocarbons including Methane? BACT is a pollution control standard that equipment operators are required to meet based on energy consumption, emissions and environmental impact based on their location.
- Are destruction efficiencies guaranteed? When paying for any Enclosed Ground Flare, you should always discuss the efficiency of the unit including CO emissions.
- What is the Burner Turndowns ratio? The turndown ratio compares the max to minimum amount of heat that is put out. You want to make sure that your burner turndown ration is not too limited.
- Does the Enclosed Ground Flare unit light and adjust automatically to the fuel and ratios or does this need to be done manually? Time is money so the more that can be done automatically, the better.
- What will the upkeep cost you? Some Enclosed Ground Flare systems require expensive replacement matrixes. Make sure you ask about these maintenance costs with the manufacturer and factor them into your budget.
- What is the construction material? The most durable material is heavy rolled steel. The manufacturer’s materials will determine the quality and lifetime value.
- Will the Enclosed Ground Flare unit be trailer mounted or skid mounted?
- What kind of control system and interface does the Enclosed Ground Flare unit come with? Are these components going to be UL classified?
- Will the manufacturer assist you in acquiring the necessary permits? Determining what permits you need and applying for them is not an easy process so having help with this will save you time and money.
- Will you be provided with drawings, an operating manual, and installation for the Enclosed Ground Flare system? Are these items included in the purchase price?