This Refractories market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Refractories report simplifies managing marketing of goods and services effectively.
Data Bridge Market Research analyses that the global refractories market is expected to reach USD 54.84 billion by 2031 from USD 37.67 billion in 2023, growing with a CAGR of 4.9% in the forecast period of 2024 to 2031.
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Market Overview:
The increasing prevalence of non-metallic minerals and materials and increasing demand for refractories from steel and iron industries are driving market growth. The Growing demand for metal and non-metal castings in the manufacturing of heavy machinery is expected to boost the market growth. The rising concerns regarding environmental degradation are restraining the market growth. The surge in demand for automobiles is expected to act as an opportunity for market growth in the forecast period.
Some of the major players operating in the Refractories market are Saint-Gobain Performance Ceramics & Refractories (PCR) (a subsidiary of Saint-Gobain), TYK CORPORATION, Wuxi Nanfang Refractories Co.,Ltd., Coorstek, Refratechnic, HWI, AluChem, ALTEO, CerCo Corporation, Almatis Gmbh, Allied Mineral Products, Inc., Magnezit Group, Minerals Technologies Inc., Puyang Refractories Group Co.,Ltd, Morgan Advanced Materials, IFGL Refractories Ltd., Krosaki Harima Corporation., SHINAGAWA REFRACTORIES CO.,LTD., RHI Magnesita GmbH, Lhoist, Vesuvius, and Imerys among others.
Global Refractories Market Scope
The global refractories market is segmented into six notable segments which are based on product type, alkalinity, form type, fusion temperature, application, and technology. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
Non-Clay
Clay
On the basis of product type, the market is segmented into non-clay and clay.
Alkalinity
Acidic & Neutral Refractories
Carbon
On the basis of alkalinity, the market is segmented into acidic & neutral refractories and carbon.
Form Type
Bricks
Monolithic
Others
On the basis of form type, the market is segmented into bricks, monolithic, and others.
Fusion Temperature
Normal Refractory (1580-1780 °C)
High Refractory (1780-2000 °C)
Super Refractory (>2000 °C)
On the basis of fusion temperature, the market is segmented into normal refractory (1580-1780 °C), high refractory (1780-2000 °C), and super refractory (>2000 °C).
Technology
Isostatic Pressing
Slide Gates Mechanism
Others
On the basis of technology, the market is segmented into isostatic pressing, slide gates, mechanism, and others.
Application
Iron & Steel
Cement & Lime
Energy & Chemicals
Glass
Non-Ferrous metal
Others
On the basis of application, the market is segmented into iron & steel, cement & lime, energy & chemicals, glass, non-ferrous metal, and others.
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Refractories Market Landscape
Part 04: Global Refractories Market Sizing
Part 05: Global Refractories Market Segmentation By Product
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
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