Asia Pacific Refractories Market
Asia-Pacific refractories market is expected to reach USD 25.66 billion by 2031, from USD 17.12 billion in 2023 growing at the CAGR of 5.3% in the forecast period of 2024 to 2031.
Market Segmentation: Asia-Pacific Refractories Market, By Product Type (Clay and Non-Clay), Alkalinity (Acidic & Neutral Refractories and Carbon), Form Type (Bricks, Monolithic, and Others), Fusion Temperature (Normal Refractory (1580-1780°C), High Refractory (1780-2000°C), and Super Refractory (>2000°C)), Technology (Isostatics Pressing, Slide Gates Mechanism, and Others), Application (Iron & Steel, Cement & Lime, Energy & Chemicals, Glass, Non-Ferrous Metal, and Others), Countries (China, India, Japan, South Korea, Thailand, Indonesia, Philippines, Singapore, Malaysia, Australia, Hong Kong, Taiwan, New Zealand, and Rest of Asia-Pacific)- Industry Trends and Forecast to 2031
Overview of Asia-Pacific Refractories Market Dynamics:
Driver
• Increasing demand for refractories from steel and iron industries
Restraint
• Rising concerns regarding environment degradation
Opportunity
• Recycling and re-usage of refractories materials
Market Players
The key market players for Asia-Pacific refractories market are listed below: • Saint-Gobain Performance Ceramics & Refractories (PCR) (a subsidiary of Saint-Gobain)
• TYK CORPORATION
• Wuxi Nanfang Refractories Co. Ltd.
• Coorstek
• Refratechnic
• HWI
• AluChem
• ALTEO
• CerCo Corporation
• Almatis Gmbh
• Allied Mineral Products, Inc.
• Magnezit Group
• Minerals Technologies Inc.
• Puyang Refractories Group Co.,Ltd,
• Morgan Advanced Materials
• IFGL Refractories Ltd.
• Krosaki Harima Corporation
• SHINAGAWA REFRACTORIES CO.,LTD.
• RHI Magnesita GmbH
• Lhoist
• Vesuvius
• Imerys
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