The global refractory market is expected to grow at a CAGR of 3.5% during the forecast period, from 2021 to 2030. The market is driven by the increasing demand for refractories in various industries such as steel industry, energy and chemical industry, noferrous metal, cement and glass. The growth of the market is also attributed to the increasing demand for high-performance refractories in various applications such as steel industry and energy and chemical industry.
Shaped Refractories accounted for 63.80% share of total revenue in 2018 owing to their higher cost effectiveness than unshaped refractories. Unshaped Refractories are expected to grow at a CAGR of 4% during the forecast period owing to their low cost effectiveness than shaped refractories which makes them more suitable for low-cost applications such as cement and glass industries where they are used as raw materials or additives that improve properties like strength or thermal conductivity.
Some Of The Growth Factors Of This Market:
- The global demand for steel is expected to grow by 2% annually, which will increase the demand for refractory products.
- The increasing use of coal in power generation will also increase the demand for refractory products as coal-fired power plants require more maintenance than other types of power plants.
- Increasing environmental regulations and standards are also driving up the demand for refractory products as they are used to control emissions from industrial processes such as steel production and cement manufacturing.
- The increasing use of natural gas in power generation is also driving up the demand for refractory products because natural gas-fired power plants require less maintenance than other types of power plants, which means that there is a need to replace worn out parts with new ones more often, thereby increasing the need for refractories in these facilities.
- Increasing urbanization and population growth rates will lead to an increased need for housing construction materials such as bricks, tiles, and concrete blocks that all require high quality fireproofing materials like firebrick or ceramic fiber insulation boards.
Industry Growth Insights published a new data on “Refractory Market”. The research report is titled “Refractory Market research by Types (Shaped Refractories, Unshaped Refractories, By type, shaped refractories had the highest revenue share of 63.80 percent in 2018.), By Applications (Steel Industry, Energy and Chemical Industry, Non-ferrous Metal, Cement, Glass), By Players/Companies RHI Magnesita, VESUVIUS, KROSAKI, SHINAGAWA, Imerys, HWI, MORGAN CRUCIBLE, SAINT-GOBAIN, Minteq, Resco, Qinghua Group, Puyang Refractory, Sinosteel, Lier, Jinlong Group, Sujia”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Refractory Market Research Report
By Type
Shaped Refractories, Unshaped Refractories, By type, shaped refractories had the highest revenue share of 63.80 percent in 2018.
By Application
Steel Industry, Energy and Chemical Industry, Non-ferrous Metal, Cement, Glass
By Companies
RHI Magnesita, VESUVIUS, KROSAKI, SHINAGAWA, Imerys, HWI, MORGAN CRUCIBLE, SAINT-GOBAIN, Minteq, Resco, Qinghua Group, Puyang Refractory, Sinosteel, Lier, Jinlong Group, Sujia
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Refractory Market Report Segments:
The global Refractory market is segmented on the basis of:
Types
Shaped Refractories, Unshaped Refractories, By type, shaped refractories had the highest revenue share of 63.80 percent in 2018.
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
Steel Industry, Energy and Chemical Industry, Non-ferrous Metal, Cement, Glass
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
- VESUVIUS
- KROSAKI
- SHINAGAWA
- Imerys
- HWI
- MORGAN CRUCIBLE
- SAINT-GOBAIN
- Minteq
- Resco
- Qinghua Group
- Puyang Refractory
- Sinosteel
- Lier
- Jinlong Group
- Sujia
Highlights of The Refractory 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:
- Shaped Refractories
- Unshaped Refractories
- By type, shaped refractories had the highest revenue share of 63.80 percent in 2018.
- By Application:
- Steel Industry
- Energy and Chemical Industry
- Non-ferrous Metal
- Cement
- Glass
- 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 Refractory 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.
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- Correctly Positioning New Products
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- 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?
Refractory is a material that can resist heat and fire. It is often used in industrial applications, such as furnaces and kilns, because it can withstand high temperatures.
Some of the major companies in the refractory market are RHI Magnesita, VESUVIUS, KROSAKI, SHINAGAWA, Imerys, HWI, MORGAN CRUCIBLE, SAINT-GOBAIN, Minteq, Resco, Qinghua Group, Puyang Refractory, Sinosteel, Lier, Jinlong Group, Sujia.
The refractory market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Refractory Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Refractory Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Refractory Market - Supply Chain
4.5. Global Refractory Market Forecast
4.5.1. Refractory Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Refractory Market Size (000 Units) and Y-o-Y Growth
4.5.3. Refractory Market Absolute $ Opportunity
5. Global Refractory Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Refractory Market Size and Volume Forecast by Type
5.3.1. Shaped Refractories
5.3.2. Unshaped Refractories
5.3.3. By type, shaped refractories had the highest revenue share of 63.80 percent in 2018.
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Refractory Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Refractory Market Size and Volume Forecast by Application
6.3.1. Steel Industry
6.3.2. Energy and Chemical Industry
6.3.3. Non-ferrous Metal
6.3.4. Cement
6.3.5. Glass
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Refractory Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Refractory Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Refractory Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Refractory Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Refractory Demand Share Forecast, 2019-2026
9. North America Refractory Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Refractory Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Refractory Market Size and Volume Forecast by Application
9.4.1. Steel Industry
9.4.2. Energy and Chemical Industry
9.4.3. Non-ferrous Metal
9.4.4. Cement
9.4.5. Glass
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Refractory Market Size and Volume Forecast by Type
9.7.1. Shaped Refractories
9.7.2. Unshaped Refractories
9.7.3. By type, shaped refractories had the highest revenue share of 63.80 percent in 2018.
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Refractory Demand Share Forecast, 2019-2026
10. Latin America Refractory Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Refractory Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Refractory Market Size and Volume Forecast by Application
10.4.1. Steel Industry
10.4.2. Energy and Chemical Industry
10.4.3. Non-ferrous Metal
10.4.4. Cement
10.4.5. Glass
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Refractory Market Size and Volume Forecast by Type
10.7.1. Shaped Refractories
10.7.2. Unshaped Refractories
10.7.3. By type, shaped refractories had the highest revenue share of 63.80 percent in 2018.
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Refractory Demand Share Forecast, 2019-2026
11. Europe Refractory Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Refractory Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Refractory Market Size and Volume Forecast by Application
11.4.1. Steel Industry
11.4.2. Energy and Chemical Industry
11.4.3. Non-ferrous Metal
11.4.4. Cement
11.4.5. Glass
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Refractory Market Size and Volume Forecast by Type
11.7.1. Shaped Refractories
11.7.2. Unshaped Refractories
11.7.3. By type, shaped refractories had the highest revenue share of 63.80 percent i 2018.
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Refractory Demand Share, 2019-2026
12. Asia Pacific Refractory Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Refractory Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Refractory Market Size and Volume Forecast by Application
12.4.1. Steel Industry
12.4.2. Energy and Chemical Industry
12.4.3. Non-ferrous Metal
12.4.4. Cement
12.4.5. Glass
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Refractory Market Size and Volume Forecast by Type
12.7.1. Shaped Refractories
12.7.2. Unshaped Refractories
12.7.3. By type, shaped refractories had the highest revenue share of 63.80 percent in 2018.
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Refractory Demand Share, 2019-2026
13. Middle East & Africa Refractory Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Refractory Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Refractory Market Size and Volume Forecast by Application
13.4.1. Steel Industry
13.4.2. Energy and Chemical Industry
13.4.3. Non-ferrous Metal
13.4.4. Cement
13.4.5. Glass
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Refractory Market Size and Volume Forecast by Type
13.7.1. Shaped Refractories
13.7.2. Unshaped Refractories
13.7.3. By type, shaped refractories had the highest revenue share of 63.80 percent in 2018.
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Refractory Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Refractory Market: Market Share Analysis
14.2. Refractory Distributors and Customers
14.3. Refractory Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. RHI Magnesita
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. VESUVIUS
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. KROSAKI
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SHINAGAWA
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Imerys
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. HWI
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. MORGAN CRUCIBLE
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SAINT-GOBAIN
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Minteq
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Resco
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Qinghua Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Puyang Refractory
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Sinosteel
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Lier
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Jinlong Group
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Sujia
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
