Refractories Market estimates & forecast by application, size, production, industry share, consumption, trends and forecast 2030


Posted December 19, 2023 by supriyamaximize

Global Refractories Market size was valued at US$ 30.36 Bn in 2022 and the total revenue is expected to grow at a CAGR of 4.3%, reaching nearly US$ 40.77 Bn.
 
Refractories Market Overview

The Refractories Market is undergoing significant changes, driven by technological advancements and shifting consumer preferences. As businesses navigate this ever-changing landscape, our comprehensive overview serves as a valuable resource to facilitate informed decisions and capitalize on emerging opportunities.

Global Refractories Market size was valued at US$ 30.36 Bn in 2022 and the total revenue is expected to grow at a CAGR of 4.3%, reaching nearly US$ 40.77 Bn.

Refractories Market Report Scope and Research Methodology

The Refractories Market report provides a comprehensive estimation of market sizes and segments, considering qualitative and quantitative aspects. It examines drivers, challenges, and investment opportunities for stakeholders. The report analyzes major companies' competitiveness, products, and regional markets. Utilizing primary and secondary research, it offers valuable insights for achieving higher growth in the Refractories market. The report analyzes major companies' competitiveness, products, and regional markets, leveraging primary and secondary research to drive higher growth in the Refractories market.

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Refractories Market Regional Insights

The report offers a comprehensive analysis, encompassing all factors such as market size, growth rate, and import-export activities across different regions. Through regional analysis, we provide detailed examination of the current status of the Refractories market in various countries.

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Refractories Market Segmentation

by Alkalinity

Acidic & neutral
Basic

by Form

Unshaped Refractories
Shaped Refractories

The market is divided into Unshaped Refractories and Shaped Refractories based on the Form. Over the forecast period of 2023–2029, the unshaped Refractories segment is anticipated to grow quickly at a high CAGR. In applications where high-temperature resistance is required, unshaped refractories are gradually taking the place of conventional refractories. Monolithic linings, sometimes referred to as unshaped refractories, allow for extensive repairs with little downtime and decrease batch delays. The unshaped refractory has a reasonable gradation, high purity, and compactness. It can be made into a continuous lining and structure known as a monolithic refractory.

by Material

Graphite
Magnesite
Chromite
Silica
High Alumina
Zirconia
Other

by End-Use Industry

Iron & Steel
Power Generation
Non-Ferrous metals
Cement
Glass
Others

The market is divided into iron and steel, power generation, non-ferrous metals, cement, glass, and others based on the End-Use Industry. By 2029, the iron and steel industry is predicted to have a 65% market share in refractories. The most common uses of refractories in the iron and steel industry are internal linings of furnaces for iron and steel, furnaces for heating steel before further processing, vessels for holding and transporting metal and slag, flues or stacks through which hot gases are conducted, and other applications.

Refractories Market Key Players

1. RHI Magnesita
2. Saint-Gobain S.A
4. Shinagawa Refractories Co. Ltd
5. Krosaki Harima Corporation
6. Corning Incorporated
7. Vesuvius PLC
8. Harbisonwalker International (HWI) Inc.
9. Coorstek Incorporated
10. Morgan Advanced Materials PLC
12. Imerys SA
13. Puyang Refractories Group Co., Ltd.
14. Chosun Refractories Co., Ltd.
15. IFGL Refractories Ltd.
16. Resco Products, Inc.

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Table of content for the Refractories Market includes:

Part 01: Executive Summary

Part 02: Scope of the Refractories Market Report

Part 03: Global Refractories Market Landscape

Part 04: Global Refractories Market Sizing

Part 05: Global Refractories Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Key questions answered in the Refractories Market are:

What is Refractories?
What was the Refractories market size in 2021?
What is the growth rate of the Refractories Market?
Which are the factors expected to drive the Refractories market growth?
What are the different segments of the Refractories Market?
What growth strategies are the players considering to increase their presence in Refractories?
What are the upcoming industry applications and trends for the Refractories Market?
What major challenges could the Refractories Market face in the future?
What segments are covered in the Refractories Market?
Who are the leading companies and what are their portfolios in Refractories Market?
What segments are covered in the Refractories Market?
Who are the key players in the Refractories market?
Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by different segment | 2024−2030
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Business Address 3rd Floor, Navale IT Park, Phase 2 Pune Banglore Highway, Narhe, Pune, Maharashtra 411041, India
Country India
Categories Science
Tags refractories market sizerefractories market sharerefractories market forecastglobal refractories marketwhat is refractories
Last Updated December 19, 2023