Business
Refractories Market Research Report 2022, Size, Share, Trends and Forecast to 2027
According to IMARC Group’s latest report, titled “Refractories Market: Industry Trends, Size, Share, Growth, Opportunity and Forecast 2022-2027,” Offers a comprehensive analysis of the industry, which comprises insights on refractories market.
The global refractories market reached a value of US$ 24.2 Billion in 2021. Refractories are non-metallic, porous, inorganic, and heterogeneous materials designed to withstand high industrial pressures and temperatures. These materials can be divided into several types, including fireclay, magnesite, chromite, high alumina minerals, silica, etc. Refractories are manufactured using substances that are adherent to corrosion from solids, liquids, gases, mechanical and thermal stress, abrasion, gas diffusion, etc. They are used in furnaces and boilers to contain heat and protect the processing equipment from intense temperatures. As a result, refractories find widespread applications across various sectors, such as iron, steel, energy, chemical, manufacturing, non-ferrous metals, glass, cement, ceramics, etc.
Request Free Sample Report: https://www.imarcgroup.com/refractories-market/requestsample
Market Trends
The expanding steel sector across countries is one of the primary factors driving the refractories market. Besides this, the escalating utilization of refractories in the construction sector, on account of their high temperature resistance and convenience for installation, is further augmenting the market growth. Apart from this, the increasing infrastructural activities, especially in developing nations, are also catalyzing the global market. Moreover, the emerging trend of recycling these materials and the elevating technological advancements are acting as significant growth-inducing factors. Furthermore, the growing requirement for non-ferrous metals and the rising usage of automotive, aerospace, electrical, and medical castings are expected to propel the refractories market in the coming years. Looking forward, IMARC Group expects the market to reach US$ 31.7 Billion by 2027, exhibiting a CAGR of 4.4% during 2022-2027.
Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=2208&flag=C
List of Key Companies Covered in this Market Report:
- Chosun Refractories Eng Co. Ltd.
- Compagnie de Saint-Gobain S.A.
- Coorstek Inc.
- Imerys Usa Inc.
- Krosaki Harima Corporation
- Morgan Advanced Materials Plc
- Refratechnik Holding GmbH
- RHI Magnesita GmbH
- Vesuvius Plc
- Shaped Refractories
- Unshaped Refractories
- Acidic and Neutral
- Basic
- Dry Press Process
- Fused Cast
- Hand Molded
- Formed
- Unformed
- Clay-Based
- Nonclay-Based
- Graphite
- Magnesite
- Chromite
- Silica
- High Alumina
- Zirconia
- Others
- Iron and Steel
- Cement
- Non-Ferrous Metals
- Glass
- Others
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
-
Marketing4 days agoHow To Use Social Media Proxies To Grow Your Business
-
Marketing4 days agoKey Moves You Can Make To Improve Your Marketing Strategy Today
-
Marketing4 days agoHow to Develop an Effective Digital Marketing Strategy?
-
Marketing4 days ago7 Ways Successful Salespeople Prepare for Finalist Meetings
-
Marketing4 days agoHow Digitalization is Changing the Marketing Industry
-
Technology4 days agoThe Best Firefox Extensions for Bloggers and Content Creators
-
Business4 days agoApartments in Manhattan saw a drop in sales
-
Marketing4 days agoCPI set to influence the Fed’s 2023 plans for inflation