Market Overview:
The global magnesia chrome brick 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 chrome bricks from various end-use industries, such as iron & steel, non-ferrous metals, cement, glass and others. Magnesia chrome bricks are used in various applications owing to their properties such as high refractoriness under load (HRL), good thermal shock resistance and low porosity. These properties make them suitable for use in high-temperature applications, such as blast furnaces and ladles in the iron & steel industry; converter linings, annealing pots and soaking pits in the non-ferrous metals industry; kilns and calcining furnaces in the cement industry; ovens, skylights/windows and door panels in the glass industry; and other high-temperature applications.
Product Definition:
A magnesia chrome brick is a refractory material made of about 95% magnesia and 5% chromium oxide. It is used in applications where high-temperature resistance and corrosion resistance are required, such as in the production of steel and other metals. Magnesia chrome bricks can withstand temperatures up to 2,700 degrees Fahrenheit.
Direct Bonded:
Direct bonded is a process in which two materials are directly bonded together without the use of adhesives. One of the most common applications includes masonry units, such as clay bricks and concrete bricks. The growth factor for direct bonded brick market is high due to its usage in construction activities on a large scale. Increasing infrastructural developments across the globe are expected to drive demand over the forecast period.
Fused/Rebonded:
Fused/Rebonded Magnesia is a type of construction material used in the manufacturing of ceramic tiles and other products. It consists of clay particles that are stuck together by heat, pressure, or a chemical reaction. Fused/rebound magnesia has high thermal conductivity and low thermal expansion which makes it suitable for use in high-temperature applications such as kilns and ovens.
Application Insights:
The iron & steel application segment led the global magnesium chrome brick market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for steel from construction, automotive and industrial applications across regions, including North America and Europe.
Magnesium-alloys based products are used as an alternative to ferrochrome in various industries owing to their low cost, high strength properties and easy availability. These alloys contain approximately 0.6% magnesium by weight which makes them lighter than conventional steel alloys but with similar strength properties.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing construction activities and rising population in countries, such as China, India, Indonesia, Vietnam and Thailand. In addition, growing demand for residential buildings on account of increasing urbanization is anticipated to drive product demand over the forecast period.
The iron & steel industry has witnessed a decline in production output since 2015 on account of low crude steel prices coupled with increased imports from China and Australia. However, magnesia chrome brick manufacturers are finding some relief due to an increase in domestic consumption for iron & steel manufacturing along with other applications that consume large amounts of raw materials such as cement and glass fibers which are used for reinforcing purposes during manufacturing processes leading to an increase in product utilization rates thereby benefitting industry growth prospects over the coming years.
Growth Factors:
- Growing demand from the construction industry for magnesia chrome bricks as a refractory material in high-temperature furnaces and kilns.
- Increasing use of magnesia chrome bricks in the production of steel and other metals.
- Rising demand for magnesia chrome bricks from the glassmaking industry to manufacture containers, windows, and other products that require high levels of heat resistance.
- Growing popularity of magnesia chrome bricks as a replacement for traditional firebricks in industrial applications due to their superior thermal insulation properties.
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnesia Chrome Brick Market Research Report
By Type
Direct Bonded, Fused/Rebonded, Chemically Bonded, Fused Cast
By Application
Iron & Steel, Non-Ferrous Metals, Cement, Glass, Others
By Companies
RHI Magnesita, Visuvius, Shinagawa Refractories, HarbisonWalker International, Calderys, Rongsheng Refractory, CeramSource, Inc.,, Zhengzhou Huachen Refractory Co.,ltd, FURMATS, Gita Refratories (P) Ltd., MG Materials, Hitech Material Group
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
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Magnesia Chrome Brick Market Report Segments:
The global Magnesia Chrome Brick market is segmented on the basis of:
Types
Direct Bonded, Fused/Rebonded, Chemically Bonded, Fused Cast
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
Iron & Steel, Non-Ferrous Metals, Cement, Glass, 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:
- RHI Magnesita
- Visuvius
- Shinagawa Refractories
- HarbisonWalker International
- Calderys
- Rongsheng Refractory
- CeramSource, Inc.,
- Zhengzhou Huachen Refractory Co.,ltd
- FURMATS
- Gita Refratories (P) Ltd.
- MG Materials
- Hitech Material Group
Highlights of The Magnesia Chrome Brick 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:
- Direct Bonded
- Fused/Rebonded
- Chemically Bonded
- Fused Cast
- By Application:
- Iron & Steel
- Non-Ferrous Metals
- Cement
- Glass
- 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 Chrome Brick 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:
- Correctly Positioning New Products
- Market Entry Strategies
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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 Chrome Brick is a type of brick that is made from magnesia, which gives it a chrome finish.
Some of the key players operating in the magnesia chrome brick market are RHI Magnesita, Visuvius, Shinagawa Refractories, HarbisonWalker International, Calderys, Rongsheng Refractory, CeramSource, Inc.,, Zhengzhou Huachen Refractory Co.,ltd, FURMATS, Gita Refratories (P) Ltd., MG Materials, Hitech Material Group.
The magnesia chrome brick market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Magnesia Chrome Brick 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 Chrome Brick Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Magnesia Chrome Brick 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 Chrome Brick 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 Chrome Brick Market Size & Forecast, 2020-2028
4.5.1 Magnesia Chrome Brick Market Size and Y-o-Y Growth
4.5.2 Magnesia Chrome Brick Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Direct Bonded
5.2.2 Fused/Rebonded
5.2.3 Chemically Bonded
5.2.4 Fused Cast
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Iron & Steel
6.2.2 Non-Ferrous Metals
6.2.3 Cement
6.2.4 Glass
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Magnesia Chrome Brick 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 Chrome Brick 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Direct Bonded
9.6.2 Fused/Rebonded
9.6.3 Chemically Bonded
9.6.4 Fused Cast
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 Market Size Forecast by Applications
9.10.1 Iron & Steel
9.10.2 Non-Ferrous Metals
9.10.3 Cement
9.10.4 Glass
9.10.5 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Direct Bonded
10.6.2 Fused/Rebonded
10.6.3 Chemically Bonded
10.6.4 Fused Cast
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 Market Size Forecast by Applications
10.10.1 Iron & Steel
10.10.2 Non-Ferrous Metals
10.10.3 Cement
10.10.4 Glass
10.10.5 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Direct Bonded
11.6.2 Fused/Rebonded
11.6.3 Chemically Bonded
11.6.4 Fused Cast
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 Market Size Forecast by Applications
11.10.1 Iron & Steel
11.10.2 Non-Ferrous Metals
11.10.3 Cement
11.10.4 Glass
11.10.5 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Direct Bonded
12.6.2 Fused/Rebonded
12.6.3 Chemically Bonded
12.6.4 Fused Cast
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 Market Size Forecast by Applications
12.10.1 Iron & Steel
12.10.2 Non-Ferrous Metals
12.10.3 Cement
12.10.4 Glass
12.10.5 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Direct Bonded
13.6.2 Fused/Rebonded
13.6.3 Chemically Bonded
13.6.4 Fused Cast
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) Market Size Forecast by Applications
13.10.1 Iron & Steel
13.10.2 Non-Ferrous Metals
13.10.3 Cement
13.10.4 Glass
13.10.5 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 Chrome Brick Market: Competitive Dashboard
14.2 Global Magnesia Chrome Brick Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 RHI Magnesita
14.3.2 Visuvius
14.3.3 Shinagawa Refractories
14.3.4 HarbisonWalker International
14.3.5 Calderys
14.3.6 Rongsheng Refractory
14.3.7 CeramSource, Inc.,
14.3.8 Zhengzhou Huachen Refractory Co.,ltd
14.3.9 FURMATS
14.3.10 Gita Refratories (P) Ltd.
14.3.11 MG Materials
14.3.12 Hitech Material Group
