Refractories Market 2021-26: Scope, Trends, Growth, Demand, Analysis and Outlook
According to IMARC Group’s latest report, titled “Refractories Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global refractories market reached a value of US$ 25.4 Billion in 2020. Looking forward, the market is expected the market to exhibit moderate growth during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Refractories refer to the inorganic, non-metallic, porous, and heterogeneous materials equipped to resist high industrial temperature and pressure. Few refractory materials include fireclay, high alumina minerals, silica, magnesite, chromite, etc. They are used in boilers and furnaces to suppress heat and protect the processing equipment from high temperatures. They are available in various shapes and sizes that can be pressed or molded as per the requirements. Refractories are used across industries, including iron and steel manufacturing, energy, chemical, non-ferrous metals, glass, cement, and ceramics.
Request Free Sample Report: https://www.imarcgroup.com/refractories-market/requestsample
Market Trends
The growing steel industry, along with the elevating infrastructure development, is augmenting the demand for refractory materials. These materials exhibit higher-temperature resistance than conventional ones, thereby positively influencing the market growth. The widespread adoption of unshaped refractories for several construction applications is also inflating the global market. Additionally, the high prevalence of recycling refractory materials for steel production is also augmenting the market growth. The growing popularity of refractories in various sectors, such as aerospace, automotive, medical, and electrical, is anticipated to drive the market.
Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/refractories-market
The report has segmented on the basis of form, alkalinity, manufacturing process, composition, refractory mineral and geography
Breakup by Form:
- Shaped Refractories
- Unshaped Refractories
Breakup by Alkalinity:
- Acidic and Neutral
- Basic
Breakup by Manufacturing Process:
- Dry Press Process
- Fused Cast
- Hand Molded
- Formed
- Unformed
Breakup by Composition:
- Clay-Based
- Nonclay-Based
Breakup by Refractory Mineral:
- Graphite
- Magnesite
- Chromite
- Silica
- High Alumina
- Zirconia
- Others
Breakup by Application:
- Iron and Steel
- Cement
- Non-Ferrous Metals
- Glass
- Others
Breakup by Geography:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Chosun Refractories Eng Co. Ltd., Compagnie de Saint-Gobain S.A., Coorstek Inc., Imerys Usa Inc., Krosaki Harima Corporation, Morgan Advanced Materials Plc, Refratechnik Holding GmbH, RHI Magnesita GmbH, Vesuvius Plc, etc.
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: salesimarcgroup.com
USA: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
