Global Refractories Market (by Form Type, Application & Region): Trends and Forecast (2019-2023)
The fastest growing regional market is Asia-Pacific due to improving economic conditions and growing private construction operations in Australia & India. China represents one of the largest market and is already well-penetrated.
By: Koncept Analytics
On the basis of form, refractory can be classified into shaped & unshaped. While on the basis of chemical composition, it is segmented into acidic, neutral and basic refractories. And, on the basis of product type, it is classified into clay and non-clay refractories. Presently, the un-shaped segment accounted for the larger market share, owing to increasing demand for plastic refractories in maintenance of blast furnace top-hole, plugging tubers, as linings for all kinds of heating furnace, soaking pit furnace, annealing furnace & sintering furnace along with high incorporation of additives during combustion process in furnaces or converters for the steel and glass production in South-Asian economies.
The fastest growing regional market is Asia-Pacific due to improving economic conditions and growing private construction operations in Australia & India.
Scope of the report:
• The report provides a comprehensive analysis of the global refractories market, segmented on the basis of form types i.e. Shaped & Un-shaped and Applications i.e. Steel, Energy & Cement, Non-ferrous Metals and others.
• The major regional markets (Asia-Pacific, Europe and North America) have been analysed along with country coverage of China, India, US & Canada.
• The market dynamics such as growth drivers, market trends and challenges are analysed in-depth.
• The competitive landscape of the market, along with the company profiles of leading players i.e. RHI Magnesita N.V., Vesuvius PLC, IFGL Refractories Ltd., Imerys S.A., Morgan Advanced Materials PLC and Minerals Technologies Inc. are also presented in detail.
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