Induction Furnace Market Size, Share, Trends and Forecast Analysis (2025-2032)
Growing demand for high-quality alloys and metals under environmentally clean conditions has increased the application of induction furnaces in foundries for steel, cast iron, and nonferrous metals. Various functions of industrial induction furnaces include smelting, steelmaking, metal casting, and heat treatment. Furthermore, manufacturers focus on improving productivity at a high pace due to rapid industrialization.
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