Refractories Market by Alkalinity (Acidic & Neutral Refractories, Basic Refractories), Physical Form (Shaped Refractories, Unshaped Refractories), Manufacturing Process, Application - Global Forecast 2023-2030
The Refractories Market is projected to reach USD 52.46 billion by 2030 from USD 33.98 billion in 2022, at a CAGR of 5.57% during the forecast period.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Refractories Market.
- Based on Alkalinity, market is studied across Acidic & Neutral Refractories and Basic Refractories. The Acidic & Neutral Refractories is further studied across Alumina Refractories, Carbon Refractories, Chromite Refractories, Fireclay Refractories, Silica Refractories, and Zirconia Refractories. The Basic Refractories is further studied across Dolomite Refractories and Magnesite Refractories. The Acidic & Neutral Refractories commanded largest market share of 66.35% in 2022, followed by Basic Refractories.
- Based on Physical Form, market is studied across Shaped Refractories and Unshaped Refractories. The Shaped Refractories commanded largest market share of 70.35% in 2022, followed by Unshaped Refractories.
- Based on Manufacturing Process, market is studied across Dry Press Process, Formed, Fused Cast, Hand Molded, and Unformed. The Formed commanded largest market share of 29.65% in 2022, followed by Fused Cast.
- Based on Application, market is studied across Glass Tanks, Lime & Cement Kilns, Metallurgical Burners & Furnaces, Regenerators, and Stoves. The Metallurgical Burners & Furnaces commanded largest market share of 50.40% in 2022, followed by Glass Tanks.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 38.45% in 2022, followed by Asia-Pacific.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Refractories Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Refractories Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Refractories Market, highlighting leading vendors and their innovative profiles. These include AGC Inc., Allied Mineral Products, LLC, Almatis B.V., Alteo, AluChem, Inc., ArcelorMittal S.A., Chosun Refractories, CoorsTek, Inc., Delta Refractories, Inc., Future Refractories, Galaxy Enterprises, HarbisonWalker International, Inc., IFGL Refractories Limited, Imerys SA, Intocast AG, Krosaki Harima Corporation, Kyanite Mining Corporation, KYOCERA Corporation, Kümaş Manyezit Sanayi A.Ş., Lhoist Group, Magnezit Group, Morgan Advanced Materials PLC, PPG Industries, Inc., Refmon Industries, Resco Products, Inc., RHI Magnesita GmbH, Ruitai Materials Technology Co.,Ltd., Saint-Gobain S.A., The Refratechnik Group, Trent Refractories Ltd., United Refractories Co., Vesuvius PLC, and Şişecam.
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the Refractories Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Refractories Market?
- What is the competitive strategic window for identifying opportunities in the Refractories Market?
- What are the latest technology trends and regulatory frameworks in the Refractories Market?
- What is the market share of the leading vendors in the Refractories Market?
- Which modes and strategic moves are suitable for entering the Refractories Market?
Please Note: PDF & Excel + Online Access - 1 Year
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Refractories Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Continuous expansion of the manufacturing industries globally
- 5.1.1.2. Growing infrastructure development activities with government investment
- 5.1.2. Restraints
- 5.1.2.1. Limited availability and volatility in prices of raw materials
- 5.1.3. Opportunities
- 5.1.3.1. Increasing research & development activities for recycling for refractories
- 5.1.3.2. Emerging potential toward customized refractories
- 5.1.4. Challenges
- 5.1.4.1. Stringent regulations by the government for the usage and manufacturing of refractories
- 5.2. Market Segmentation Analysis
- 5.2.1. Alkalinity: Rising use of basic refractories in the steel making process
- 5.2.2. Physical Form: Increasing demand for shaped refractories as they offer greater precision and durability compared to the unshaped refractories
- 5.2.3. Manufacturing Process: Growing use of formed manufacturing process in the refractory production
- 5.2.4. Application: Increasing innovation and expansion of product portfolios by the key players in response to evolving industry applications
- 5.3. Market Trend Analysis
- 5.3.1. Growing industrial sector and infrastructure development coupled with government regulations promoting sustainability and safety in refractory materials
- 5.3.2. Increasing R&D investment for advanced materials and processes along with low production costs and favorable business conditions in the Asia-Pacific region
- 5.3.3. Growing refractories production with increased focus on sustainability in the EMEA region
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 6. Refractories Market, by Alkalinity
- 6.1. Introduction
- 6.2. Acidic & Neutral Refractories
- 6.3.1. Alumina Refractories
- 6.3.2. Carbon Refractories
- 6.3.3. Chromite Refractories
- 6.3.4. Fireclay Refractories
- 6.3.5. Silica Refractories
- 6.3.6. Zirconia Refractories
- 6.3. Basic Refractories
- 6.4.1. Dolomite Refractories
- 6.4.2. Magnesite Refractories
- 7. Refractories Market, by Physical Form
- 7.1. Introduction
- 7.2. Shaped Refractories
- 7.3. Unshaped Refractories
- 8. Refractories Market, by Manufacturing Process
- 8.1. Introduction
- 8.2. Dry Press Process
- 8.3. Formed
- 8.4. Fused Cast
- 8.5. Hand Molded
- 8.6. Unformed
- 9. Refractories Market, by Application
- 9.1. Introduction
- 9.2. Glass Tanks
- 9.3. Lime & Cement Kilns
- 9.4. Metallurgical Burners & Furnaces
- 9.5. Regenerators
- 9.6. Stoves
- 10. Americas Refractories Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Refractories Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Refractories Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. FPNV Positioning Matrix
- 13.2. Market Share Analysis, By Key Player
- 13.3. Competitive Scenario Analysis, By Key Player
- 13.3.1. Merger & Acquisition
- 13.3.1.1. RHI Magnesita announces acquisition of Seven Refractories
- 13.3.1.2. HarbisonWalker International (HWI) announces acquisition by Platinum Equity for its next era of sustainable refractory industry growth
- 13.3.1.3. Şişecam Acquires Refractory Manufacturer Refel
- 13.3.2. Agreement, Collaboration, & Partnership
- 13.3.2.1. Materials Processing Institute Launches Three Year Hydrogen Research Agreement with Trent Refractories and Kanthal
- 13.3.2.2. Cooperation Agreement Aims to Decarbonize Refractories
- 13.3.2.3. Raghav Productivity Enhancers, Capital Refractories join hands to supply silica ramming mass in global markets
- 13.3.3. New Product Launch & Enhancement
- 13.3.3.1. Breaking New Ground in Refractory Innovation: Introducing the Single-Piece Precast EAF Delta Roof by IFGL Refractories
- 13.3.4. Investment & Funding
- 13.3.4.1. RHI Magnesita investing ₹3600 cr in India to expand capacity
- 13.3.4.2. Vesuvius Group to invest USD 61 million to expand refractory capacities in India
- 13.3.5. Award, Recognition, & Expansion
- 13.3.5.1. Enhancing Supply Chain Efficiency: IFGL Refractories Unveils New Warehouse in Durgapur
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.1.1. AGC Inc.
- 14.1.2. Allied Mineral Products, LLC
- 14.1.3. Almatis B.V.
- 14.1.4. Alteo
- 14.1.5. AluChem, Inc.
- 14.1.6. ArcelorMittal S.A.
- 14.1.7. Chosun Refractories
- 14.1.8. CoorsTek, Inc.
- 14.1.9. Delta Refractories, Inc.
- 14.1.10. Future Refractories
- 14.1.11. Galaxy Enterprises
- 14.1.12. HarbisonWalker International, Inc.
- 14.1.13. IFGL Refractories Limited
- 14.1.14. Imerys SA
- 14.1.15. Intocast AG
- 14.1.16. Krosaki Harima Corporation
- 14.1.17. Kyanite Mining Corporation
- 14.1.18. KYOCERA Corporation
- 14.1.19. Kümaş Manyezit Sanayi A.Ş.
- 14.1.20. Lhoist Group
- 14.1.21. Magnezit Group
- 14.1.22. Morgan Advanced Materials PLC
- 14.1.23. PPG Industries, Inc.
- 14.1.24. Refmon Industries
- 14.1.25. Resco Products, Inc.
- 14.1.26. RHI Magnesita GmbH
- 14.1.27. Ruitai Materials Technology Co.,Ltd.
- 14.1.28. Saint-Gobain S.A.
- 14.1.29. The Refratechnik Group
- 14.1.30. Trent Refractories Ltd.
- 14.1.31. United Refractories Co.
- 14.1.32. Vesuvius PLC
- 14.1.33. Şişecam
- 14.2. Key Product Portfolio
- 15. Appendix
- 15.1. Discussion Guide
- 15.2. License & Pricing
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