Refractories Market 2022-2027
New Study Reports “Refractories Market 2022 Global Analysis By Key Regions, Production, Consumption, Revenue, Applications, Growth and Forecasts 2027” has been Added on PersistenceMarketResearch.
Report Details:
This report provides in depth study of “Refractories Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Refractories Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
The global refractories market is projected to grow at a CAGR of 3.3% in terms of volume to surpass 52,000 KT by 2026. This will represent a market valuation worth US$ 42.30 Bn in 2027. Demand for refractories will continue to be influenced by applications in steel, cement, glass, and non-ferrous industries during the assessment period.
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Key Players:
The report has profiled some of the important players prevalent in the global like – Vesuvius plc, RHI Magnesita N.V., Shinagawa Refractories Co., Ltd., IFGL Refractories Limited, Krosaki Harima Corporation, CoorsTek, Inc, Resco Products, Inc., Steel Authority of India Limited, Luossavaara-Kiirunavaara AB, Magnezit Group Ltd., Morgan Advanced Materials plc, Refratechnik Holding GmbH, The Christy Refractories Company, L.L.C., Puyang Refractory Materials Co., Ltd., Chosun Refractories Co.,Ltd., Minerals Technologies Inc., Compagnie de Saint-Gobain SA, Alsey Refractories Co, Allied Mineral Products, Inc.,Imerys SA and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Refractories Market.
The report has segmented the global refractories market on the basis of form type, material type, and end use.
On the basis of form type, the key segments include bricks, monolithic, and ‘others’. By material type, the key segments include clay and non-clay.
By end use, the key segments include steel, energy & chemicals, non-ferrous metals, cement, and glass.
On the basis of form, bricks account for the leading market share in terms of volume. This segment currently accounts for nearly 53% volume share, and is likely to remain the preferred form type throughout the forecast period.
By material type, demand for clay has remained dominant, and the trend is likely to continue during the forecast period as well. Clay refractories are low-cost, and are used across a wide range of end-use industries. According to the report, clay segment accounts for nearly 70% volume share of the market; it is on course to grow at a CAGR of nearly 2.9% in terms of volume throughout the assessment period.
Among the various end uses of refractories, demand from steel industry accounts for the maximum volume and revenue demand. The fortunes of refractories are closely associated with broader developments in the steel industry, and steady demand from this end use industry is likely to create opportunities for players during the assessment period. The steel refractories segment is likely to grow at 3.5% CAGR during the assessment period and reach nearly 39,000 KT by the end of the forecast period.
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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Refractories Market Manufacturers
Refractories Market Distributors/Traders/Wholesalers
Refractories Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Refractories Market – Report Highlights
- A detailed overview of parent market of Refractories Market
- Changing Refractories Market dynamics in the industry
- In-depth segmentation of the Refractories Market
- Historical, current, and projected Refractories Market size regarding volume and value
- Recent industry trends and developments in Refractories Market
- Competitive landscape of the Refractories Market
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on Refractories Market performance
- Must-have information for Refractories Market players to sustain and enhance their market footprint
Key Questions Answered in the Refractories Market Report
How is the Refractories Market expected to grow over the projected period?
What direction is the Refractories Market expected to take in terms of volume and value during the forecast period?
What is the impact of macroeconomic factors on the Refractories Market in future?
What are the key market drivers in the Refractories Market?
What are significant opportunities and improvement areas for Refractories Market manufacturers?
What are the key developments and trends taking over the Refractories Market?
Which are the emerging countries that are expected to create significant growth opportunities in the Refractories Market?
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