Refractories Market is Expected At a CAGR 4.7%of During the Forecast Period 2022-2029
Data Bridge Market Research analyses that the refractories market was valued at USD 24.19 billion in
2021 and is expected to reach USD 33.75
billion by 2029, registering a CAGR
of 4.25 % during the forecast period of 2022 to 2029. In addition to the
market insights such as market value, growth rate, market segments,
geographical coverage, market players, and market scenario, the market report
curated by the Data Bridge Market Research team includes in-depth expert
analysis, import/export analysis, pricing analysis, production consumption
analysis, patent analysis and technological advancements.
.
Get Your Sample Today: https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-refractories-market
Refractory
materials are used in incinerators, furnaces, kilns,
and reactors. Refractories are also used to create moulds and
crucibles and for casting metals and glass and for surfacing flame
deflector systems for rocket launch structures. They are obtainable in an
extensive variety of sizes and shapes which can be molded and pressed as per
the required dimensions. Due to this, they used in various sectors, including
energy, chemical, non-ferrous metals, iron and steel manufacturing, glass,
cement and ceramics. Today, the iron and steel industry and metal
casting industry use approximately 70% of all refractories.
Buy
Now Access Full Report:- https://www.databridgemarketresearch.com/reports/global-refractories-market
Refractories Market Scope and Market Size
A refractory is a material that is resilient
to decomposition by pressure, heat, or chemical attack, and retains strength
and it forms at high temperature. Refractories are inorganic, heterogeneous, polyphase, inorganic, non-metallic
and porous material which are typically composed of carbides or oxides,
nitrides etc. Refractories are ceramic materials designed to withstand the very
high temperatures above 1,000°F (538°C) which has encountered in modern
manufacturing. They are used to line the hot surfaces found inside several
industrial processes.
Refractories Market Country Level Analysis
The countries covered in the refractories market
report are U.S., Canada and Mexico in North America, Germany, France, U.K.,
Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe
in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia,
Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the
Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of
Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil,
Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the refractories market in terms
of revenue and market share during the forecast period. This is due to the
growing demand for refractories in this region. The Asia-Pacific region leads
the Refractories market, with China leading the way in terms of increasing
production and consumption and due to the huge population that creates a huge
demand for steel in automotive industry and building for the acidic and neutral
refractories in this region.
During the projected period, Europe is anticipated
to be the fastest developing region owing to the increasing demand for
non-metal and metal castings in heavy equipment for the acidic and neutral
refractories in this region.
The country section of the report also provides
individual market impacting factors and changes in market regulation that impact
the current and future trends of the market. Data points like down-stream and
upstream value chain analysis, technical trends and porter's five forces
analysis, case studies are some of the pointers used to forecast the market
scenario for individual countries. Also, the presence and availability of
global brands and their challenges faced due to large or scarce competition
from local and domestic brands, impact of domestic tariffs and trade routes are
considered while providing forecast analysis of the country data.
Browse The Table of Contents And
List of Figures: https://www.databridgemarketresearch.com/toc/?dbmr=global-refractories-market
Major TOC of the Refractories
Market Report
Chapter One:
MARKET SEGEMENTATION
EXECUTIVE SUMMARY
PREMIUM INSIGHTS
MARKET OVERVIEW
Competitive Landscape and Refractories Market Share Analysis
Details included are company overview, company
financials, revenue generated, market potential, investment in research and
development, new market initiatives, global presence, production sites and
facilities, production capacities, company strengths and weaknesses, product
launch, product width and breadth, application dominance. The above data points
provided are only related to the companies' focus related to refractories
market.
Some of the major
players operating in the refractories market are:
· RHI Magnesita
(Austria)
· Corning
Incorporated (US)
· Morgan Advanced Materials (UK)
· SHINAGAWA
REFRACTORIES CO., LTD. (Japan)
· Saint-Gobain (France)
· Krosaki Harima
Corporation (Japan)
· CoorsTek Inc. (US)
· Calderys (France)
· Vesuvius (UK)
· Shinagawa
Refractories Co. Ltd. (Japan)
· HarbisonWalker
International (US)
· Chosun Refractories
Eng. Co. Ltd. (South Korea)
· Refratechnik.
(Germany)
· Imerys (US)
· IFGL Refractories
Ltd. (India)
· Dalmia Bharat Group
(India)
About Us:
Data Bridge Market Research set forth itself as an unconventional
and neoteric Market research and consulting firm with unparalleled level of
resilience and integrated approaches. We are determined to unearth the best
market opportunities and foster efficient information for your business to thrive
in the market
Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sopan.gedam@databridgemarketresearch.com
Browse Related Reports@
Comments
Post a Comment