Market Overview:
The global magnesia carbon bricks market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for magnesia carbon bricks from various end-use industries, such as converters, AC electric arc furnaces (EAFs), and DC arc furnaces. Magnesia carbon bricks are also used in other applications such as ladles, tundishes, and slag pots. Based on type, the global magnesia carbon bricks market can be segmented into alumina magnesia carbon brick (AMCB), magnesium alumina carbon brick (MMCB), and magnesium calcium carbon brick (MCCB). Among these types, MMCBs are expected to witness the highest growth during the forecast period owing to their properties such as high thermal shock resistance and low thermal conductivity.
Product Definition:
A magnesia carbon brick is a refractory material made of magnesium oxide and carbon. Magnesia carbon bricks have a high resistance to heat and are used in applications where high temperatures are required, such as blast furnaces and incinerators.
Alumina Magnesia Carbon Brick:
Alumina Magnesia Carbon Brick, also known as aluminia magnesia carbonate brick or A.M.C brick is a high-grade industrial product made from refractory material and used in the manufacturing of cement clinkers and bricks for use in construction activities.
Magnesia Alumina Carbon Brick:
Magnesia alumina carbon brick is a type of high-grade refractory ceramic material, which consists of fine white powder made from aluminum silicate. It has the ability to withstand high temperatures and can be used in furnaces up to 2300 C. Magnesia alumina bricks are widely used in thermal power plants for the production of electricity owing to their properties such as low thermal conductivity and specific heat. The U.S.
Application Insights:
The converter application segment led the global magnesium carbon bricks market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The rising demand for steel from the automotive industry, construction sector, and others is expected to propel product demand as a converter material over the coming years.
Magnesium carbonate (MgCO3) acts as an effective refractory material that prevents furnace walls from burning up when iron or steel products are burned in air furnaces. It also helps reduce operating costs by increasing efficiency levels of air-fired furnaces without compromising with production levels. These factors are anticipated to drive its use as a converter material across various industries including metal & mining, cement manufacturing, glass manufacturing and others during the forecast period.
Regional Analysis:
North America dominated the global magnesia carbon bricks market in 2016 and accounted for over 35% of the total revenue share. The region is expected to witness a considerable growth rate of 4.6% from 2017 to 2030 owing to increasing demand for industrial furnaces in various applications such as steel production, cement manufacturing, and aluminum smelting.
The growing steel industry coupled with rising demand for electric motor vehicles is anticipated to drive the North American market over the forecast period. In addition, stringent environmental regulations by regulatory bodies such as U.
Asia Pacific was valued at USD X million in 2016.
Growth Factors:
- Increasing demand for magnesia carbon bricks from the steel industry as a result of their high thermal stability and resistance to slag erosion.
- Growing popularity of magnesia carbon bricks in the foundry industry due to their ability to withstand high temperatures without melting or deforming.
- Rising demand for lightweight refractory materials in various industries, such as cement, glass, and ceramics, due to their low thermal expansion coefficient and superior insulation properties.
- Increasing investment in infrastructure development projects across the globe, which is expected to drive the growth of the global Magnesia Carbon Bricks market during the forecast period. 5) Technological advancements that have led to development of new types of magnesia carbon bricks with improved performance characteristics are likely to boost market growth over the next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnesia Carbon Bricks Market Research Report
By Type
Alumina Magnesia Carbon Brick, Magnesia Alumina Carbon Brick, Magnesia Calcium Carbon Brick
By Application
Converter, AC Electric Arc Furnace, DC Arc Furnace, Others
By Companies
McKeown International, Maithan Ceramics Limited, Nedmag, Fedmet Resources Corporation, RHI AG, OCL INDIA LIMITED, Trent Refractories, IMACRO Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Magnesia Carbon Bricks Market Report Segments:
The global Magnesia Carbon Bricks market is segmented on the basis of:
Types
Alumina Magnesia Carbon Brick, Magnesia Alumina Carbon Brick, Magnesia Calcium Carbon Brick
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Converter, AC Electric Arc Furnace, DC Arc Furnace, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- McKeown International
- Maithan Ceramics Limited
- Nedmag
- Fedmet Resources Corporation
- RHI AG
- OCL INDIA LIMITED
- Trent Refractories
- IMACRO Inc.
Highlights of The Magnesia Carbon Bricks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Alumina Magnesia Carbon Brick
- Magnesia Alumina Carbon Brick
- Magnesia Calcium Carbon Brick
- By Application:
- Converter
- AC Electric Arc Furnace
- DC Arc Furnace
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Magnesia Carbon Bricks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Magnesia carbon bricks are a type of carbon fiber material that is made from magnesia and other materials. Magnesia carbon bricks are used in a variety of applications, including aerospace, automotive, and construction.
Some of the major companies in the magnesia carbon bricks market are McKeown International, Maithan Ceramics Limited, Nedmag, Fedmet Resources Corporation, RHI AG, OCL INDIA LIMITED, Trent Refractories, IMACRO Inc..
The magnesia carbon bricks market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Magnesia Carbon Bricks Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Magnesia Carbon Bricks Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Magnesia Carbon Bricks Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Magnesia Carbon Bricks Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Magnesia Carbon Bricks Market Size & Forecast, 2018-2028 4.5.1 Magnesia Carbon Bricks Market Size and Y-o-Y Growth 4.5.2 Magnesia Carbon Bricks Market Absolute $ Opportunity
Chapter 5 Global Magnesia Carbon Bricks Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Magnesia Carbon Bricks Market Size Forecast by Type
5.2.1 Alumina Magnesia Carbon Brick
5.2.2 Magnesia Alumina Carbon Brick
5.2.3 Magnesia Calcium Carbon Brick
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Magnesia Carbon Bricks Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Magnesia Carbon Bricks Market Size Forecast by Applications
6.2.1 Converter
6.2.2 AC Electric Arc Furnace
6.2.3 DC Arc Furnace
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Magnesia Carbon Bricks Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Magnesia Carbon Bricks Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Magnesia Carbon Bricks Analysis and Forecast
9.1 Introduction
9.2 North America Magnesia Carbon Bricks Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Magnesia Carbon Bricks Market Size Forecast by Type
9.6.1 Alumina Magnesia Carbon Brick
9.6.2 Magnesia Alumina Carbon Brick
9.6.3 Magnesia Calcium Carbon Brick
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Magnesia Carbon Bricks Market Size Forecast by Applications
9.10.1 Converter
9.10.2 AC Electric Arc Furnace
9.10.3 DC Arc Furnace
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Magnesia Carbon Bricks Analysis and Forecast
10.1 Introduction
10.2 Europe Magnesia Carbon Bricks Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Magnesia Carbon Bricks Market Size Forecast by Type
10.6.1 Alumina Magnesia Carbon Brick
10.6.2 Magnesia Alumina Carbon Brick
10.6.3 Magnesia Calcium Carbon Brick
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Magnesia Carbon Bricks Market Size Forecast by Applications
10.10.1 Converter
10.10.2 AC Electric Arc Furnace
10.10.3 DC Arc Furnace
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Magnesia Carbon Bricks Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Magnesia Carbon Bricks Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Magnesia Carbon Bricks Market Size Forecast by Type
11.6.1 Alumina Magnesia Carbon Brick
11.6.2 Magnesia Alumina Carbon Brick
11.6.3 Magnesia Calcium Carbon Brick
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Magnesia Carbon Bricks Market Size Forecast by Applications
11.10.1 Converter
11.10.2 AC Electric Arc Furnace
11.10.3 DC Arc Furnace
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Magnesia Carbon Bricks Analysis and Forecast
12.1 Introduction
12.2 Latin America Magnesia Carbon Bricks Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Magnesia Carbon Bricks Market Size Forecast by Type
12.6.1 Alumina Magnesia Carbon Brick
12.6.2 Magnesia Alumina Carbon Brick
12.6.3 Magnesia Calcium Carbon Brick
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Magnesia Carbon Bricks Market Size Forecast by Applications
12.10.1 Converter
12.10.2 AC Electric Arc Furnace
12.10.3 DC Arc Furnace
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Magnesia Carbon Bricks Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Magnesia Carbon Bricks Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Magnesia Carbon Bricks Market Size Forecast by Type
13.6.1 Alumina Magnesia Carbon Brick
13.6.2 Magnesia Alumina Carbon Brick
13.6.3 Magnesia Calcium Carbon Brick
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Magnesia Carbon Bricks Market Size Forecast by Applications
13.10.1 Converter
13.10.2 AC Electric Arc Furnace
13.10.3 DC Arc Furnace
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Magnesia Carbon Bricks Market: Competitive Dashboard
14.2 Global Magnesia Carbon Bricks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 McKeown International
14.3.2 Maithan Ceramics Limited
14.3.3 Nedmag
14.3.4 Fedmet Resources Corporation
14.3.5 RHI AG
14.3.6 OCL INDIA LIMITED
14.3.7 Trent Refractories
14.3.8 IMACRO Inc.