Global Refractory Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Global Refractory Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Refractory market size was valued at US$ 261 million in 2024 and is forecast to a readjusted size of USD 344 million by 2031 with a CAGR of 4.2% during review period.

Refractories generally refer to inorganic non-metallic materials with a refractory degree of more than 1580 °C and can withstand various physical and chemical changes and mechanical actions. It is widely used in high-temperature industries such as steel, building materials, non-ferrous metals, chemicals, machinery, electric power and even national defense, and is an indispensable and important supporting material for various high-temperature thermal kilns and equipment, as well as an important basic material for various high-temperature industries.

In Japan, the key manufacturers of Refractory include KROSAKI, SHINAGAWA and AGC Ceramics, etc, top 3 manufacturers hold a share approximately 53%. KROSAKI is Japanese largest Refractory manufacturer, with a market share of more than 23%. In terms of product type, Aluminum is the largest market segment with a share of more than 38%. In terms of applications, Steel is the largest downstream segment, with a market share of about 79%.

This report is a detailed and comprehensive analysis for global Refractory market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Refractory market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Refractory market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Refractory market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Refractory market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Refractory

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Refractory market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include KROSAKI, SHINAGAWA, AGC Ceramics, YOTAI REFRACTORIES, TAIKO refractories, ROZAI KOGYO KAISHA, ITOCHU CERATECH CORPORATION, Nippon Crucible, Resonac, SAINT-GOBAIN, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Refractory market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Aluminum
Magnesium
Burden
Other

Market segment by Application
Steel
Energy and Chemical Industry
Non-ferrous Metal
Cement
Glass
Other

Major players covered
KROSAKI
SHINAGAWA
AGC Ceramics
YOTAI REFRACTORIES
TAIKO refractories
ROZAI KOGYO KAISHA
ITOCHU CERATECH CORPORATION
Nippon Crucible
Resonac
SAINT-GOBAIN
TYK Corporation
KOA REFRACTRIES

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Refractory product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Refractory, with price, sales quantity, revenue, and global market share of Refractory from 2020 to 2025.

Chapter 3, the Refractory competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Refractory breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Refractory market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Refractory.

Chapter 14 and 15, to describe Refractory sales channel, distributors, customers, research findings and conclusion.