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Global Refractories Market Size Estimated to Cross USD 30.09 Billion By 2030, Growing at a CAGR of 3.90% | Infinium Global Research
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Market Overview and Growth Projections
The global refractories market, valued at USD 21.20 billion in 2022, is poised to achieve a remarkable growth trajectory, reaching USD 30.09 billion by 2030, with a noteworthy Compound Annual Growth Rate (CAGR) of 3.90% during the forecast period from 2023 to 2030.
Role of Refractories in High-Temperature Industries
Refractories play a pivotal role across industries operating under extreme temperature conditions. These specialized materials are engineered to withstand intense heat, chemical corrosion, and mechanical strain, vital for various sectors like steel production, cement manufacturing, glassmaking, and petrochemical refining. They are crucial in lining furnaces, kilns, reactors, and other high-temperature equipment, ensuring the operational efficiency and longevity of these industries. The significance of refractories is amplified as industrial processes increasingly demand elevated temperatures, heightened resistance to degradation, and improved energy efficiency.
Market Drivers and Limitations
The burgeoning demand from steel, cement, and glass manufacturing industries drives the market growth. However, the industry's reliance on these sectors renders it susceptible to variations in demand, posing potential limitations. Environmental concerns and regulations also pose challenges. Yet, technological advancements present opportunities, such as the development of advanced refractory materials and the adoption of cleaner energy sources, opening new avenues for the market.
Regional Insights and Market Dominance
The Asia-Pacific region is poised for substantial growth, driven by industrialization, infrastructure development, and abundant raw material availability, empowering local manufacturers. North America is witnessing a resurgence in manufacturing, significantly impacting refractories demand, especially in high-temperature applications across sectors like steel, aluminum, cement, and chemicals.
Segments Covered in the Report
The report meticulously segments the global refractories market based on form type, product type, fusion temperature, refractory minerals, alkalinity, manufacturing method, and end-user. These include bricks, monolithic, clay refractory, non-clay refractory, and various fusion temperature ranges, among others.
Profiles of Key Industry Players
The report provides comprehensive profiles of industry leaders such as Imerys S.A., RHI Magnesita, POSCO FUTURE M, Krosaki Harima Corporation, SHINAGAWA REFRACTORIES CO., LTD., Refratechnik, Plibrico Company, LLC, INTOCAST AG, Saint-Gobain, and other key companies.
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Table of Content
Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. Refractories Market Highlights
2.2. Refractories Market Projection
2.3. Refractories Market Regional Highlights
Chapter 3. Global Refractories Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter`s Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Form Type
3.4.2. IGR-Growth Matrix Analysis by Product Type
3.4.3. IGR-Growth Matrix Analysis by Fusion Temperature
3.4.4. IGR-Growth Matrix Analysis by Refractory Minerals
3.4.5. IGR-Growth Matrix Analysis by Alkalinity
3.4.6. IGR-Growth Matrix Analysis by Manufacturing Method
3.4.7. IGR-Growth Matrix Analysis by End User
3.4.8. IGR-Growth Matrix Analysis by Region
3.5. Value Chain Analysis of Refractories Market
Chapter 4. Refractories Market Macro Indicator Analysis
Chapter 5. Company Profiles and Competitive Landscape
5.1. Competitive Landscape in the Global Refractories Market
5.2. Companies Profiles
5.2.1. Imerys S.A.
5.2.2. RHI Magnesita
5.2.3. POSCO FUTURE M
5.2.4. Krosaki Harima Corporation
5.2.5. SHINAGAWA REFRACTORIES CO., LTD.
5.2.6. Refratechnik
5.2.7. Plibrico Company, LLC
5.2.8. INTOCAST AG
5.2.9. Saint-Gobain
5.2.10. Other Companies
Chapter 6. Global Refractories Market by Form Type
6.1. Bricks
6.2. Monolithic
6.3. Others
Chapter 7. Global Refractories Market by Product Type
7.1. Clay Refractory
7.2. Non-clay Refractory
Chapter 8. Global Refractories Market by Fusion Temperature
8.1. Less than 1580°C
8.2. 1580°C to 1780°C
8.3. 1780°C to 2000°C
8.4. More than 2000°C
Chapter 9. Global Refractories Market by Refractory Minerals
9.1. Silicon
9.2. Aluminium
9.3. Magnesium
9.4. Calcium
9.5. Others
Chapter 10. Global Refractories Market by Alkalinity
10.1. Acid
10.2. Basic
10.3. Neutral
Chapter 11. Global Refractories Market by Manufacturing Method
11.1. Dry Pressing Process
11.2. Fused Cast Process
11.3. Hand Moulding Process
11.4. Others
Chapter 12. Global Refractories Market by End User
12.1. Iron and Steel Industry
12.2. Petrochemicals
12.3. Automotive
12.4. Aerospace
12.5. Others
Chapter 13. Global Refractories Market by Region 2023-2030
13.1. North America
13.1.1. North America Refractories Market by Form Type
13.1.2. North America Refractories Market by Product Type
13.1.3. North America Refractories Market by Fusion Temperature
13.1.4. North America Refractories Market by Refractory Minerals
13.1.5. North America Refractories Market by Alkalinity
13.1.6. North America Refractories Market by Manufacturing Method
13.1.7. North America Refractories Market by End User
13.1.8. North America Refractories Market by Country
13.1.8.1. The U.S. Refractories Market
13.1.8.1.1. The U.S. Refractories Market by Form Type
13.1.8.1.2. The U.S. Refractories Market by Product Type
13.1.8.1.3. The U.S. Refractories Market by Fusion Temperature
13.1.8.1.4. The U.S. Refractories Market by Refractory Minerals
13.1.8.1.5. The U.S. Refractories Market by Alkalinity
13.1.8.1.6. The U.S. Refractories Market by Manufacturing Method
13.1.8.1.7. The U.S. Refractories Market by End User
13.1.8.2. Canada Refractories Market
13.1.8.2.1. Canada Refractories Market by Form Type
13.1.8.2.2. Canada Refractories Market by Product Type
13.1.8.2.3. Canada Refractories Market by Fusion Temperature
13.1.8.2.4. Canada Refractories Market by Refractory Minerals
13.1.8.2.5. Canada Refractories Market by Alkalinity
13.1.8.2.6. Canada Refractories Market by Manufacturing Method
13.1.8.2.7. Canada Refractories Market by End User
13.1.8.3. Mexico Refractories Market
13.1.8.3.1. Mexico Refractories Market by Form Type
13.1.8.3.2. Mexico Refractories Market by Product Type
13.1.8.3.3. Mexico Refractories Market by Fusion Temperature
13.1.8.3.4. Mexico Refractories Market by Refractory Minerals
13.1.8.3.5. Mexico Refractories Market by Alkalinity
13.1.8.3.6. Mexico Refractories Market by Manufacturing Method
13.1.8.3.7. Mexico Refractories Market by End User
13.2. Europe
13.2.1. Europe Refractories Market by Form Type
13.2.2. Europe Refractories Market by Product Type
13.2.3. Europe Refractories Market by Fusion Temperature
13.2.4. Europe Refractories Market by Refractory Minerals
13.2.5. Europe Refractories Market by Alkalinity
13.2.6. Europe Refractories Market by Manufacturing Method
13.2.7. Europe Refractories Market by End User
13.2.8. Europe Refractories Market by Country
13.2.8.1. Germany Refractories Market
13.2.8.1.1. Germany Refractories Market by Form Type
13.2.8.1.2. Germany Refractories Market by Product Type
13.2.8.1.3. Germany Refractories Market by Fusion Temperature
13.2.8.1.4. Germany Refractories Market by Refractory Minerals
13.2.8.1.5. Germany Refractories Market by Alkalinity
13.2.8.1.6. Germany Refractories Market by Manufacturing Method
13.2.8.1.7. Germany Refractories Market by End User
13.2.8.2. United Kingdom Refractories Market
13.2.8.2.1. United Kingdom Refractories Market by Form Type
13.2.8.2.2. United Kingdom Refractories Market by Product Type
13.2.8.2.3. United Kingdom Refractories Market by Fusion Temperature
13.2.8.2.4. United Kingdom Refractories Market by Refractory Minerals
13.2.8.2.5. United Kingdom Refractories Market by Alkalinity
13.2.8.2.6. United Kingdom Refractories Market by Manufacturing Method
13.2.8.2.7. United Kingdom Refractories Market by End User
13.2.8.3. France Refractories Market
13.2.8.3.1. France Refractories Market by Form Type
13.2.8.3.2. France Refractories Market by Product Type
13.2.8.3.3. France Refractories Market by Fusion Temperature
13.2.8.3.4. France Refractories Market by Refractory Minerals
13.2.8.3.5. France Refractories Market by Alkalinity
13.2.8.3.6. France Refractories Market by Manufacturing Method
13.2.8.3.7. France Refractories Market by End User
13.2.8.4. Italy Refractories Market
13.2.8.4.1. Italy Refractories Market by Form Type
13.2.8.4.2. Italy Refractories Market by Product Type
13.2.8.4.3. Italy Refractories Market by Fusion Temperature
13.2.8.4.4. Italy Refractories Market by Refractory Minerals
13.2.8.4.5. Italy Refractories Market by Alkalinity
13.2.8.4.6. Italy Refractories Market by Manufacturing Method
13.2.8.4.7. Italy Refractories Market by End User
13.2.8.5. Rest of Europe Refractories Market
13.2.8.5.1. Rest of Europe Refractories Market by Form Type
13.2.8.5.2. Rest of Europe Refractories Market by Product Type
13.2.8.5.3. Rest of Europe Refractories Market by Fusion Temperature
13.2.8.5.4. Rest of Europe Refractories Market by Refractory Minerals
13.2.8.5.5. Rest of Europe Refractories Market by Alkalinity
13.2.8.5.6. Rest of Europe Refractories Market by Manufacturing Method
13.2.8.5.7. Rest of Europe Refractories Market by End User
13.3. Asia Pacific
13.3.1. Asia Pacific Refractories Market by Form Type
13.3.2. Asia Pacific Refractories Market by Product Type
13.3.3. Asia Pacific Refractories Market by Fusion Temperature
13.3.4. Asia Pacific Refractories Market by Refractory Minerals
13.3.5. Asia Pacific Refractories Market by Alkalinity
13.3.6. Asia Pacific Refractories Market by Manufacturing Method
13.3.7. Asia Pacific Refractories Market by End User
13.3.8. Asia Pacific Refractories Market by Country
13.3.8.1. China Refractories Market
13.3.8.1.1. China Refractories Market by Form Type
13.3.8.1.2. China Refractories Market by Product Type
13.3.8.1.3. China Refractories Market by Fusion Temperature
13.3.8.1.4. China Refractories Market by Refractory Minerals
13.3.8.1.5. China Refractories Market by Alkalinity
13.3.8.1.6. China Refractories Market by Manufacturing Method
13.3.8.1.7. China Refractories Market by End User
13.3.8.2. Japan Refractories Market
13.3.8.2.1. Japan Refractories Market by Form Type
13.3.8.2.2. Japan Refractories Market by Product Type
13.3.8.2.3. Japan Refractories Market by Fusion Temperature
13.3.8.2.4. Japan Refractories Market by Refractory Minerals
13.3.8.2.5. Japan Refractories Market by Alkalinity
13.3.8.2.6. Japan Refractories Market by Manufacturing Method
13.3.8.2.7. Japan Refractories Market by End User
13.3.8.3. India Refractories Market
13.3.8.3.1. India Refractories Market by Form Type
13.3.8.3.2. India Refractories Market by Product Type
13.3.8.3.3. India Refractories Market by Fusion Temperature
13.3.8.3.4. India Refractories Market by Refractory Minerals
13.3.8.3.5. India Refractories Market by Alkalinity
13.3.8.3.6. India Refractories Market by Manufacturing Method
13.3.8.3.7. India Refractories Market by End User
13.3.8.4. South Korea Refractories Market
13.3.8.4.1. South Korea Refractories Market by Form Type
13.3.8.4.2. South Korea Refractories Market by Product Type
13.3.8.4.3. South Korea Refractories Market by Fusion Temperature
13.3.8.4.4. South Korea Refractories Market by Refractory Minerals
13.3.8.4.5. South Korea Refractories Market by Alkalinity
13.3.8.4.6. South Korea Refractories Market by Manufacturing Method
13.3.8.4.7. South Korea Refractories Market by End User
13.3.8.5. Australia Refractories Market
13.3.8.5.1. Australia Refractories Market by Form Type
13.3.8.5.2. Australia Refractories Market by Product Type
13.3.8.5.3. Australia Refractories Market by Fusion Temperature
13.3.8.5.4. Australia Refractories Market by Refractory Minerals
13.3.8.5.5. Australia Refractories Market by Alkalinity
13.3.8.5.6. Australia Refractories Market by Manufacturing Method
13.3.8.5.7. Australia Refractories Market by End User
13.3.8.6. Rest of Asia-Pacific Refractories Market
13.3.8.6.1. Rest of Asia-Pacific Refractories Market by Form Type
13.3.8.6.2. Rest of Asia-Pacific Refractories Market by Product Type
13.3.8.6.3. Rest of Asia-Pacific Refractories Market by Fusion Temperature
13.3.8.6.4. Rest of Asia-Pacific Refractories Market by Refractory Minerals
13.3.8.6.5. Rest of Asia-Pacific Refractories Market by Alkalinity
13.3.8.6.6. Rest of Asia-Pacific Refractories Market by Manufacturing Method
13.3.8.6.7. Rest of Asia-Pacific Refractories Market by End User
13.4. RoW
13.4.1. RoW Refractories Market by Form Type
13.4.2. RoW Refractories Market by Product Type
13.4.3. RoW Refractories Market by Fusion Temperature
13.4.4. RoW Refractories Market by Refractory Minerals
13.4.5. RoW Refractories Market by Alkalinity
13.4.6. RoW Refractories Market by Manufacturing Method
13.4.7. RoW Refractories Market by End User
13.4.8. RoW Refractories Market by Sub-region
13.4.8.1. Latin America Refractories Market
13.4.8.1.1. Latin America Refractories Market by Form Type
13.4.8.1.2. Latin America Refractories Market by Product Type
13.4.8.1.3. Latin America Refractories Market by Fusion Temperature
13.4.8.1.4. Latin America Refractories Market by Refractory Minerals
13.4.8.1.5. Latin America Refractories Market by Alkalinity
13.4.8.1.6. Latin America Refractories Market by Manufacturing Method
13.4.8.1.7. Latin America Refractories Market by End User
13.4.8.2. Middle East Refractories Market
13.4.8.2.1. Middle East Refractories Market by Form Type
13.4.8.2.2. Middle East Refractories Market by Product Type
13.4.8.2.3. Middle East Refractories Market by Fusion Temperature
13.4.8.2.4. Middle East Refractories Market by Refractory Minerals
13.4.8.2.5. Middle East Refractories Market by Alkalinity
13.4.8.2.6. Middle East Refractories Market by Manufacturing Method
13.4.8.2.7. Middle East Refractories Market by End User
13.4.8.3. Africa Refractories Market
13.4.8.3.1. Africa Refractories Market by Form Type
13.4.8.3.2. Africa Refractories Market by Product Type
13.4.8.3.3. Africa Refractories Market by Fusion Temperature
13.4.8.3.4. Africa Refractories Market by Refractory Minerals
13.4.8.3.5. Africa Refractories Market by Alkalinity
13.4.8.3.6. Africa Refractories Market by Manufacturing Method
13.4.8.3.7. Africa Refractories Market by End User
More Insights on this report, Speak to Our Analyst: https://www.infiniumglobalresearch.com/market-reports/enquiry/1256
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of refractories.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.
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Market Insights
Refractories 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…
