The global steel industry refractory material market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 2.2 billion by 2030. The growth of the market can be attributed to the increasing demand for steel in various industries such as automotive, construction, and infrastructure development. The increasing demand for steel in these industries is driving the need for high-quality refractory materials that are resistant to high temperatures and corrosion from molten metal.
The global steel industry refractory material market has been segmented on the basis of type into brick refractories and monolithic refractories; on the basis of application into steel plant; and on the basis of region into North America, Latin America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA).
Some Of The Growth Factors Of This Market:
- The steel industry is the largest consumer of refractory materials, accounting for about 40% of global demand.
- Increasing steel production in emerging economies such as China and India will also lead to an increase in demand for refractory materials due to the higher consumption rates of these countries compared with developed countries such as the US and Europe.
- Increasing environmental regulations on emissions from industrial processes will also drive up demand for refractory materials due to their ability to withstand high temperatures without releasing harmful substances into the environment.
- The increasing use of electric arc furnaces (EAFs) instead of traditional blast furnaces has led to a decrease in demand for traditional castable products, which are used primarily by blast furnaces.
Industry Growth Insights published a new data on “Steel Industry Refractory Material Market”. The research report is titled “Steel Industry Refractory Material Market research by Types (Brick Refractories, Monolithic Refractories), By Applications (Steel Plant, Other), By Players/Companies Calderys, RHI Magnesita, Saint-Gobain, Vesuvius, Morgan Advanced Materials, KROSAKI, SHINAGAWA, HWI, Minteq, Resco, Ruitai Technology, Zhejiang Jinlei Refractories, Punai(PRCO), Beijing Lirr”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Steel Industry Refractory Material Market Research Report
By Type
Brick Refractories, Monolithic Refractories
By Application
Steel Plant, Other
By Companies
Calderys, RHI Magnesita, Saint-Gobain, Vesuvius, Morgan Advanced Materials, KROSAKI, SHINAGAWA, HWI, Minteq, Resco, Ruitai Technology, Zhejiang Jinlei Refractories, Punai(PRCO), Beijing Lirr
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Steel Industry Refractory Material Market Report Segments:
The global Steel Industry Refractory Material market is segmented on the basis of:
Types
Brick Refractories, Monolithic Refractories
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 Plant, Other
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:
- Calderys
- RHI Magnesita
- Saint-Gobain
- Vesuvius
- Morgan Advanced Materials
- KROSAKI
- SHINAGAWA
- HWI
- Minteq
- Resco
- Ruitai Technology
- Zhejiang Jinlei Refractories
- Punai(PRCO)
- Beijing Lirr
Highlights of The Steel Industry Refractory Material 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:
- Brick Refractories
- Monolithic Refractories
- By Application:
- Steel Plant
- Other
- 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 Steel Industry Refractory Material 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
- Market Entry Strategies
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- 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?
Refractory material is a type of industrial material used in the steel industry to prevent heat from escaping from furnaces and other hot areas. Refractory materials are made of different types of metals, such as iron, nickel, and titanium.
Some of the major companies in the steel industry refractory material market are Calderys, RHI Magnesita, Saint-Gobain, Vesuvius, Morgan Advanced Materials, KROSAKI, SHINAGAWA, HWI, Minteq, Resco, Ruitai Technology, Zhejiang Jinlei Refractories, Punai(PRCO), Beijing Lirr.
The steel industry refractory material market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Steel Industry Refractory Material 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. Steel Industry Refractory Material Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Steel Industry Refractory Material Market - Supply Chain
4.5. Global Steel Industry Refractory Material Market Forecast
4.5.1. Steel Industry Refractory Material Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Steel Industry Refractory Material Market Size (000 Units) and Y-o-Y Growth
4.5.3. Steel Industry Refractory Material Market Absolute $ Opportunity
5. Global Steel Industry Refractory Material 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. Steel Industry Refractory Material Market Size and Volume Forecast by Type
5.3.1. Brick Refractories
5.3.2. Monolithic Refractories
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Steel Industry Refractory Material 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. Steel Industry Refractory Material Market Size and Volume Forecast by Application
6.3.1. Steel Plant
6.3.2. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Steel Industry Refractory Material 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. Steel Industry Refractory Material 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 Steel Industry Refractory Material 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. Steel Industry Refractory Material 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 Steel Industry Refractory Material Demand Share Forecast, 2019-2026
9. North America Steel Industry Refractory Material 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 Steel Industry Refractory Material 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 Steel Industry Refractory Material Market Size and Volume Forecast by Application
9.4.1. Steel Plant
9.4.2. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Steel Industry Refractory Material Market Size and Volume Forecast by Type
9.7.1. Brick Refractories
9.7.2. Monolithic Refractories
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 Steel Industry Refractory Material Demand Share Forecast, 2019-2026
10. Latin America Steel Industry Refractory Material 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 Steel Industry Refractory Material 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 Steel Industry Refractory Material Market Size and Volume Forecast by Application
10.4.1. Steel Plant
10.4.2. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Steel Industry Refractory Material Market Size and Volume Forecast by Type
10.7.1. Brick Refractories
10.7.2. Monolithic Refractories
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 Steel Industry Refractory Material Demand Share Forecast, 2019-2026
11. Europe Steel Industry Refractory Material 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 Steel Industry Refractory Material 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 Steel Industry Refractory Material Market Size and Volume Forecast by Application
11.4.1. Steel Plant
11.4.2. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Steel Industry Refractory Material Market Size and Volume Forecast by Type
11.7.1. Brick Refractories
11.7.2. Monolithic Refractories
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 Steel Industry Refractory Material Demand Share, 2019-2026
12. Asia Pacific Steel Industry Refractory Material 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 Steel Industry Refractory Material 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 Steel Industry Refractory Material Market Size and Volume Forecast by Application
12.4.1. Steel Plant
12.4.2. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Steel Industry Refractory Material Market Size and Volume Forecast by Type
12.7.1. Brick Refractories
12.7.2. Monolithic Refractories
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 Steel Industry Refractory Material Demand Share, 2019-2026
13. Middle East & Africa Steel Industry Refractory Material 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 Steel Industry Refractory Material 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 Steel Industry Refractory Material Market Size and Volume Forecast by Application
13.4.1. Steel Plant
13.4.2. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Steel Industry Refractory Material Market Size and Volume Forecast by Type
13.7.1. Brick Refractories
13.7.2. Monolithic Refractories
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 Steel Industry Refractory Material Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Steel Industry Refractory Material Market: Market Share Analysis
14.2. Steel Industry Refractory Material Distributors and Customers
14.3. Steel Industry Refractory Material Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Calderys
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. RHI Magnesita
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Saint-Gobain
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Vesuvius
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Morgan Advanced Materials
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. KROSAKI
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SHINAGAWA
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. HWI
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. Ruitai Technology
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Zhejiang Jinlei Refractories
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Punai(PRCO)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Beijing Lirr
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
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
