Refractories Global Market Key Players - RHI Magnesita GmbH, Saint-Gobain S.A, Shinagawa Refractories Co. Ltd, Shinagawa Refractories Co., Ltd
Market InsightsRefractories market is estimated to grow at the growth rate of 4.13% for the forecast period of 2020 to 2027. Demand for electrical, automotive, aerospace, glass, cement industries will drive the growth of the market.
Refractories are heat resistant than other metals, they are used for lining hot surfaces and found inside many industrial processes. They are available in different shapes and sizes, are pressed, molded or produced in interlocking shapes and wedges and are used in floors and walls.
Large scale renewable energy projects with rapid industrialization are the growth factors for the market. Large scale renewable energy will remain significant qualities of durable, corrosion-resistant coated steel and drive the growth of the market. Unshaped refractories segment is the fastest growing segment, as unshaped refractories are replacing convectional refractories in many applications that need high-temperature resistance over convectional refractories. Smart factories and automation, 3D printing, robotics and contour crafting, driverless and electric vehicles will create growth opportunities for refractories market in the forecast period of 2020-2027.
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Restrictions on the use of refractories due to increasing environmental concerns and China’s monopoly over raw material supply will act as a restrain, and further challenge the growth of the refractories market in the forecast period mentioned above.
Major Market Players Covered in the Refractories Market Are:
The major players covered in the refractories market report are RHI Magnesita GmbH, Saint-Gobain S.A, Shinagawa Refractories Co. Ltd, Shinagawa Refractories Co., Ltd., COORSTEK, INC., Refratechnic, HarbisonWalker International., Imerys, Krosaki Harima Corporation., Vesuvias, IFGL Refractories Ltd., Morgan advanced Materials, Resco Products, Refratechnik, Minerals Technologies Inc, Magnezit Group, Cerco Corporation, AluChem, Allied Minerals Products, LLC among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Asia-Pacific is dominating the refractories market due to the largest refractories in the region, growing population, improving economic conditions, urbanization and industrialization along with high consumer purchasing power has resulted in the demand for refractories in the processing industries.
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Global Refractories Market Scope and Market Size
Refractories market is segmented on the basis of form, composition, type, manufacturing process, end-user and fusion temperature. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
• On the basis of form, the refractories market is segmented into bricks & shapes and monolithic.
• On the basis of composition, the refractories market is segmented into clay-based and nonclay-based.
• On the basis of type, the refractories market is segmented into basic, acidic and neutral.
• On the basis of manufacturing process, the refractories market is segmented into dry press process, fused cast, hand molded, formed and unformed.
• On the basis of end-user, the refractories market is segmented into iron & steel, non-metallic materials and non-ferrous metals.
• Based on fusion temperature, the refractories market is segmented into normal refractory, high refractory and super refractory.
Regional Analysis
• Middle East and Africa
• North America
• South America
• Europe
• Asia-Pacific
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Strategic Points Covered in Table of Content of Global Refractories Market:
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
11. Company Landscape
12. Company Profiles
13. Related Reports
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