Refractories Market Expected to Witnessed a Significant Growth of USD 40,007.33 Million Globally by 2025, at CAGR of 4.0%

Marketprognosis.com Publish a New Market Research Report On “Global Refractories Market Analysis, Companies Profiles, Size, Share, Growth, Trends and Forecast to 2025” which contains global key player’s survey information and forecast to 2025.

Overview of the Global Refractories Market:

The Global Refractories Market is expected to reach USD 40,007.33 Million by 2025 from USD 29,518.47 Million in 2017, at a CAGR of 4.0% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

The major factors contributing to the growth of the market includes factors such as increasing prevalence for non-metallic minerals industry, growing infrastructure in emerging countries and demand of refractories from iron & steel industry.

Get a Sample Copy of this Report @ https://www.marketprognosis.com/sample-request/12186 .

The key market players for Global Refractories Market are listed below:

1 Vesuvias

2 RHI Magnesita

3 Saint Gobain

4 Morgan Advanced Materials

5 Shinagawa Refractories Co., Ltd.

6 COORSTEK, INC.

The market is further segmented into: Alkalinity, Product Type, Form type, End User and Fusion Temperature.

The Global Refractories Market is segmented based on Alkalinity into three notable segments; Acidic & Neutral Refractories and Basic Refractories. In 2018, Acidic & Neutral Refractories Market is likely to dominate market with 70.9% shares and is estimated to reach USD 28,693.90 million by 2025. It is growing at the highest CAGR of 4.1% in the forecast period.

Purchase this report online with 332 Pages, Top Key Players Analysis and List of Tables & Figure @ https://www.marketprognosis.com/buyReport/12186 .

The Global Refractories Market is segmented based on Form Type into three notable segments; Bricks, Monolithic and others. In 2018, the Bricks Market is estimated to dominate market with 55.4% market share and will collect around USD 21,846.67 million by 2025, rising with a CAGR of 3.8%. However, the monolithic market is growing at the highest CAGR of 4.4% and is estimated to cross USD 15,202.58 million in 2025 from USD 10,868.90 million in 2017.

The Global Refractories Market is segmented based on product type into two notable segments; Clay and Non-Clay. In 2018, the Clay Market is estimated to dominate market with 60.7% shares and will collect around USD 24,785.97 million by 2025, rising with the highest CAGR of 4.3%.

The Global Refractories Market is segmented based on Fusion Temperature into three notable segments; Normal Refractory (1580-1780°C), High Refractory (1780-2000 °C) and Super Refractory (>2000 °C). In 2018, the normal refractory (1580-1780°C) market is estimated to dominate market with 51.1% shares and will collect around USD 21,013.37 million by 2025, rising with the highest CAGR of 4.4%.

Grab Your Report at an Impressive Discount @ https://www.marketprognosis.com/discount-request/12186 .

The Global Refractories Market is segmented based on End User into six notable segments; Iron & Steel, Cement & Lime, Energy & Chemicals, Glass, Non-Ferrous Metal and others. In 2018, the Iron & Steel Market is estimated to dominate market with 79.3% shares and will collect around USD 32,142.94 million by 2025, rising with the highest CAGR of 4.2%.

About us:

We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:

Market Prognosis
Plot. No: 435, Sadanand Chs, B-Cabin Road,
Ambernath (E). 421501
India.sales@marketprognosis.com
+1 973 241 5193
https://marketprognosis.com

This release was published on openPR.