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
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