Global Cremation Furnace Market Research Report 2021

A cremation furnace, or cremator, is a furnace in which cremation takes place. Cremation furnaces are usually found in funeral homes, chapels, cemeteries, or in stand-alone facilities. A facility which houses the actual cremation furnace is referred to as a crematorium.
The western part is the biggest market, with more than 332 units in 2015, ranking the first place, followed by the southern part and the eastern part with more than 236 units and 219 units in 2015.
The technology here is continuing developing. What is more, its growth rate is very high with a growth rate of 9.99% in 2015. The main drivers of the market here are: Mortality growth and development of environmental awareness in America.
At present, there are nine companies make up more than 88.32% market share of the US cremation furnace market in 2015, and the top two manufacturers are Matthews Cremation and B&L Cremation Systems, making more than 32.85% market share of the total market in US.
In 2015, the cremation rate in the United States is 48.6%, and this statistic will grow to about 54.3% in 2020. With Environment as the top priority, Emissions legislation is much more stringent. The products need to meet the most stringent (environmental) requirements.

Market Analysis and Insights: Global Cremation Furnace Market
The global Cremation Furnace market was valued at US$ XX million in 2019 and it is expected to reach US$ XX million by the end of 2026, growing at a CAGR of XX% during 2021-2026.

Global Cremation Furnace Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Cremation Furnace Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Human Cremation Furnace
Animal & Pet Cremation Furnace

Segment by Application
Crematoriums
Clinics & Hospitals
Laboratories
Others

By Company
Matthews
B&L
FT
American Incinerators
Therm-Tec
American Crematory Equipment Co.
CMC
Armil CFS
National Incinerator Inc

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E