Asia-Pacific Refractories Market is Expected At a CAGR 4.8%of During the Forecast Period 2022-2029

 

Asia-Pacific Refractories market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 4.8% in the forecast period of 2021 to 2028 and expected to reach USD 21,230,980.85 thousand by 2028. This refractories market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.

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Analysis and Insights Asia-Pacific Refractories Market

 

Refractories are made of ceramic, alumina, silica, magnesia and other materials designed aiming to resist the very high temperatures faced in modern manufacturing. More heat-resistant than metals, they are used to line the hot surfaces inside many industrial processes. The refractory products generally fall under preformed shapes or unformed compositions. Refractories are used to contain heat and protect processing equipment from intense temperatures. Refractories are available in all shapes and size. Bricks are one of the traditional forms of refractories and have accounted for the majority of refractory production earlier but now monolithic refractories are being widely used due to low cost, durability and easy installation procedure. Refractories market has its wide applicability in industries such as iron and steel, cement & ceramics, non-ferrous metals and others. Increasing prevalence for non-metallic minerals industry, growing infrastructure in emerging countries and demand of refractories from iron & steel industry are the factors which will boost the refractories market. Some companies are expanding their production capacities in different regions to grow their market for these products. Whereas, corrodibility of ferrous metals under environmental conditions is restraining the market growth.

 

 

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Asia-Pacific Refractories Market Scope and Market Size

Asia-Pacific refractories market is segmented into six notable segments which are based on alkalinity, product type, form type, fusion temperature, application and technology.

·       On the basis of alkalinity, the refractories market is segmented into acidic & neutral refractories and carbon. Acidic & neutral refractories segment is sub-segmented into fireclay, silica, alumina, chromite, and zirconia. Carbon segment is further sub-segmented into basic refractories, magnesite and dolomite. In 2021, acidic & neutral refractories are expected to dominate the market due to their resemblance towards lowering the high temperature which helps to boost its demand in the forecast year 2021 to 2028.

·       On the basis of form type, the refractories market is segmented into bricks, monolithic and others. Monolithic segment is sub-segmented into castable, plastic, ramming, patching, coating, refractory mortars and insulating constables. In 2021, bricks segment is expected to dominate the market because of its hard and brittle structure which helps to boost its demand in the forecast year.

·       On the basis of on product type, the refractories market is segmented into clay and non-clay. While the non-clay segment is sub-segmented into silica bricks, magnesite bricks, chromite bricks, zirconia bricks and others, the clay segment is sub-segmented into fire clay, high alumina and insulating. In 2021, clay segment is expected to dominate the market because of easy availability of clay products rather than non-clay which boost its demand in the forecast year.

·       On the basis of fusion temperature, the refractories market is segmented into normal refractory (1580-1780°C), high refractory (1780-2000°C) and super refractory (>2000°C). In 2021, normal refractories are expected into dominate the market because of the easy maintenance properties of normal refractories.

·       On the basis of application, the refractories market is segmented into iron and steel, cement and lime, energy and chemicals, glass, non-ferrous metal and others. In 2021, iron and steel application is expected to dominate due to the large rates of steel plants in Asia-Pacific.

·       On the basis of technology, the refractories market is segmented into segmented into isostatics and slide gates. In 2021, slide gates are expected to dominate in the Asia-Pacific refractories market because of the advanced technologies being used in Asia-Pacific for slide gate mechanism.

 

 

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Major TOC of the Asia-Pacific Refractories Market Report

Chapter One:

MARKET SEGEMENTATION

EXECUTIVE SUMMARY             

PREMIUM INSIGHTS

MARKET OVERVIEW

 

Competitive Landscape and Asia-Pacific Refractories Market Share Analysis

 

Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to Asia-Pacific Refractories market.

The major players covered in the report is  

·       Saint-Gobain Performance Ceramics & Refractories (PCR) (a division of Saint-Gobain),

·       Almatis Gmbh,

·       ALTE,

·       Magn

·       ezit Group,

·       Coorstek,

·       Puyang Refractories Group Co.,Ltd,

·       Refratechnic,

·       RHI Magnesita GmbH,

·       Imerys,

·       HARBISONWALKER INTERNATIONAL,

·       Wuxi Nanfang Refractories Co.,Ltd.,

·       Allied Mineral Products, Inc.,

·       Krosaki Harima Corporation,

·       SHINAGAWA REFRACTORIES CO., LTD.,

·       Morgan Advanced Materials,

·       Lhoist,

·       Vesuvius,

·       TYK CORPORATION Minerals Technologies Inc.,

·       and IFGL Refractories Ltd., other players domestic and Asia-Pacific.

·       DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

For instance,

·       In June 2019, Alteo completed the implementation of a laboratory dedicated to the refractory market in China. Located in Qingdao, Shandong. The new laboratory is equipped with state-of- the-art equipment which is capable of carrying in depth analysis. The company expects to improve its research and development with the implementation of this new facility.

 

 

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