Global Refractory Market Growth 2023-2029

Global Refractory Market Growth 2023-2029

Refractory materials generally refer to inorganic non-metallic materials with refractory degree above 1580℃, which can withstand various physical and chemical changes and mechanical effects. Widely used in iron and steel, building materials, non-ferrous metals, chemicals, machinery, electricity and national defense and other high temperature industries, is a variety of high temperature thermal kiln and equipment indispensable important supporting materials, is also an important basic material for various high temperature industries.
LPI (LP Information)' newest research report, the “Refractory Industry Forecast” looks at past sales and reviews total world Refractory sales in 2022, providing a comprehensive analysis by region and market sector of projected Refractory sales for 2023 through 2029. With Refractory sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Refractory industry.
This Insight Report provides a comprehensive analysis of the global Refractory landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Refractory portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Refractory market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Refractory and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Refractory.
The global Refractory market size is projected to grow from US$ 31110 million in 2022 to US$ 36430 million in 2029; it is expected to grow at a CAGR of 36430 from 2023 to 2029.
RHI Magnesita accounted for 8.34 percent of global refractory revenues in 2018, followed by KROSAKI (3.34 percent) and SHINAGAWA (2.90 percent). From a regional perspective, China is the most important region, accounting for more than 49% of the income, followed by Europe with 15.41%.
This report presents a comprehensive overview, market shares, and growth opportunities of Refractory market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Shaped Refractories
Unshaped Refractories
Segmentation by application
Steel Industry
Energy and Chemical Industry
Non-ferrous Metal
Cement
Glass
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
RHI Magnesita
VESUVIUS
KROSAKI
SHINAGAWA
Imerys
HWI
MORGAN CRUCIBLE
SAINT-GOBAIN
Minteq
Resco
Qinghua Group
Puyang Refractory
Sinosteel
Lier
Jinlong Group
Sujia
Key Questions Addressed in this Report
What is the 10-year outlook for the global Refractory market?
What factors are driving Refractory market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Refractory market opportunities vary by end market size?
How does Refractory break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.