Uploaded on Feb 7, 2022
The refractories market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 4.5% in the forecast period of 2021 to 2028 and expected to reach USD 46,049,304.05 thousand by 2028.
Refractories Market key players Insight and Growth Driver Analysis 2028
Refractories Market key players Insight and Growth
Driver Analysis 2028
Refractories Market, By Alkalinity (Acidic & Neutral Refractories and Carbon), Form Type
(Bricks, Monolithic and Others), Product Type (Clay and Non-Clay), Fusion Temperature
(Normal Refractory (1580-1780°C), High Refractory (1780-2000°C) and Super Refractory
(>2000°C)), Application (Iron and Steel, Cement and Lime, Energy and Chemicals, Glass,
Non-Ferrous Metal and Others), Technology (Isostatics and Slide Gates), Industry Trends
and Forecast to 2028.
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Market Analysis and Insights
The refractories market is expected to gain market growth in the forecast period of 2021
to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR
of 4.5% in the forecast period of 2021 to 2028 and expected to reach USD 46,049,304.05
thousand by 2028. Increasing prevalence for non-metallic minerals industry is expected
to drive the refractories market growth in the forecast period.
Refractories are made of ceramic, alumina, silica, magnesia and other materials designed
aiming to resist the very high temperatures faced in modern manufacturing. More heat-
resistant than metals, they are used to line the hot surfaces inside many industrial
processes. The refractory products generally fall under preformed shapes or unformed
compositions.
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Major Key Players
Some of the major players operating in this market are :
• Saint-Gobain Performance Ceramics & Refractories (PCR) (a division of
Saint-Gobain)
• TYK CORPORATION
• Wuxi Nanfang Refractories Co.,Ltd.
• Coorstek
• Refratechnic
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Market Segmentation
• By Alkalinity (Acidic & Neutral Refractories and Carbon)
• By Product Type (Clay and Non-Clay)
• By Application (Iron and Steel, Cement and Lime, Energy and Chemicals,
Glass, Non-Ferrous Metal and Others)
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Regional Analysis
Based on geography, the market is segmented into five geographical
regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
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