Global Industrial Refractory Materials Market size will increase to 43200 Million US$ by 2025, from 39300 Million US$ in 2018, at a CAGR of 1.2% | Valuates Reports

Global Industrial Refractory Materials market size will increase to 43200 Million US$ by 2025, from 39300 Million US$ in 2018, at a CAGR of 1.2% during the forecast period.

Refractories are heat-resistant materials that constitute the linings for high-temperature furnaces and reactors and other processing units. In addition to being resistant to thermal stress and other physical phenomena induced by heat, refractories must also withstand physical wear and corrosion by chemical agents. ASTM C71 defines refractories as "non-metallic materials having those chemical and physical properties that make them applicable for structures, or as components of systems, that are exposed to environments above 1,000 °F (811 K; 538 °C)".

This report researches the worldwide Industrial Refractory Materials market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.This study categorizes the global Industrial Refractory Materials breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Market Trends:

Steel and non-ferrous metals, glass, cement and energy such as electricity and gases are important factors necessary to support economic activities and social life. Manufacturer plays a key role as these cannot be produced without advanced refractories and related facilities.
In the future, global market is expected to witness significant growth on account of rising applications, so in the next few years, Industrial Refractory Materials production will show a trend of steady growth. In 2023 the production of Industrial Refractory Materials is estimated to be 50503.4 K MT. On product prices, the slow downward trend in recent years will maintain in the future.

The study objectives are:
To analyze and research the global Industrial Refractory Materials capacity, production, value, consumption, status and forecast;
To focus on the key Industrial Refractory Materials manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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The following manufacturers are covered in this report:
RHI Magnesita
VESUVIUS
KROSAKI
SHINAGAWA
Imerys
HWI
MORGAN CRUCIBLE
SAINT-GOBAIN
Minteq
Resco
Qinghua
Puyang Refractory
Sinosteel
Lier
Jinlong
Sujia

Industrial Refractory Materials Breakdown Data by Type
Shaped Industrial Refractory Materials
Unshaped Industrial Refractory Materials
Industrial Refractory Materials Breakdown Data by Application
Iron & Steel
Cement/Lime
Nonferrous Metals
Glass
Ceramics
Other Industries

Industrial Refractory Materials Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions

Industrial Refractory Materials Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

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