Global Refractories Market to See Incredible Growth of 4.02% during 2016 – 2022

Market Research Future adds new report of “Refractories Market Research Report- Forecast to 2022” it contains Company information, geographical data and Table of Content

Market Synopsis of Refractories Market: 

Globally, the market for Refractories is growing at a CAGR of 4.02% during forecasted period (2016-2022). Refectories is a material that is heat resistant, it provides linings for the heat temperature furnace, reactors and other processing units. Refractories are made of natural and manmade materials, usually nonmetallic or combinations of other compound and minerals.

Refractories material which can resist high temperature without undergoing physical and chemical changes while remaining in contact with molten slag, metal and gases. It is necessary to produce range of refractory materials with different properties to meet range of processing conditions. The refractory range incorporates fired, chemically and carbon bonded materials that are made in different combinations and shapes for diversified applications

Application sector is segmented into steel, cement, glass, non-ferrous and others. The steel industry is the largest application of refractories globally. Refractories has the characteristics   which are lightweight, high temperature sustainability, and robustness, therefore they are ideal for linings and insulation of the high temperature furnaces used in steel industry. In-addition, the increasing infrastructure and construction activities in the developing economies such as India, Brazil, Mexico, Russia, and other economies worldwide are contributing abundantly to the steel consumption and henceforth increasing refractories usage.

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Study Objectives of Refractories Market:

  • To study detail of refractories market by form, by type, by application and by region in forecasted period 2022.
  • To identify the market dynamics of refractories market dynamics by drivers, restrains, opportunities and challenges.
  • To analyze various factors like value chain analysis and porters five forces model.

Competitive Analysis:

The major players of the market have certain challenges such as various companies do not have their manufacturing located where the region is growing the most in order to prevent this the major players are expanding their business with a focus on growing region. Due to high price raw material the competitors are facing certain challenges various companies are focusing in house supply of raw materials in order to reduce the burden of high cost of raw materials.

Key Players:

The key players in market includes

  • Magnesita Refratarios S.A.
  • Saint-Gobain S.A
  • RHI AG
  • Shinagawa Refractories Co. Ltd
  • Krosaki Harima Corporation
  • Corning Incorporated
  • Vesuvius PLC
  • Harbisonwalker International (HWI) Inc.
  • Coorstek Incorporated
  • Morgan Advanced Materials PLC

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Intended Audience

  • Manufacturers and distributors of Refractories
  • Suppliers and traders of Refractories
  • Government, associations and industrial bodies.
  • Investors and Trade experts.
  • Consulting in chemical experts.

TABLE OF CONTENTS

1    Executive Summary
2    Scope of The Report
3    Market Research Methodology
4    Market Landscape
5    Industry Overview of Global Refractories   Market
6    Market Trends
7    Global Refractories Market by Region
8      Global Refractories Market by Type (fireclay, silica brick, high alumina, magnesite, and others)

9      Global Refractories Market by Form (shaped and unshaped)
10     Global Refractories Market by Application (steel, cement, glass, non-ferrous and others)
11    Company Profiles
12    Conclusion

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