Refractories Market
Refractories - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Refractories Market is accounted for $23.71 billion in 2018 and is expected to reach $34.63 billion by 2027 growing at a CAGR of 4.3% during the forecast period. Factors such as the increase in infrastructural development in emerging countries, growing demand for high-grade refractories from the iron & steel industry and increase in the production of non-ferrous materials are fuelling the market growth. However, environmental concerns and health and safety issues are hampering the market.
Refractories or refractory materials are resistant to high temperatures which are used in making moulds or crucibles. They are produced from natural and synthetic materials, generally non-metallic, or combinations of compounds and minerals. These materials must be chemically and physically stable at high temperatures.
Amongst form, the growth of the Unshaped Refractories segment is mainly attributed to the demand from the cement, glass, and ceramic industries. Unshaped refractories are mostly preferred by manufacturers than shaped refractories. These are widely used by manufacturers as the unshaped refractories are easy to use and have applications in various end-use industries.
By Geography, APAC is likely to have a huge demand due to increasing production and R&D facilities in this region. China, India, and Japan are the major contributors to the growth of iron & steel, glass, and non-ferrous metals industries in the region. These industries are witnessing growth owing to the increasing per capita expenditure and growing urbanization.
Some of the key players in global Refractories market are Vesuvius, Harbisonwalker International, Saint-Gobain, Shinagawa Refractories, Chosun Refractories Co. Ltd, Coorstek Incorporated, RHI Magnesita, Morgan Advanced Materials, Corning Incorporated, Krosaki Harima, Imerys, Harbisonwalker International, IFGL Refractories Ltd, Minerals Technologies Inc. and Magnezit Group.
Alkalinities Covered:
• Basic Refractories
• Acidic & Neutral Refractories
Manufacturing Processes Covered:
• Fused Cast
• Formed
• Dry Press Process
• Hand Moulded
• Unformed
Forms Covered:
• Unshaped Refractories
• Shaped Refractories
• Monolithic
• Bricks
• Other Forms
Compositions Covered:
• Nonclay-Based
• Clay-Based
End Users Covered:
• Power Generation
• Cement & Lime
• Iron & Steel
• Glass
• Non-Ferrous Metal
• Energy & Chemicals
• Non-Metallic Materials
• Ceramic
• Chemical Manufacturing Plants
• Petrochemical Refineries
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliance
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Refractories Market, By Alkalinity
5.1 Introduction
5.2 Basic Refractories
5.2.1 Dolomite Refractories
5.2.2 Magnesite Refractories
5.2.3 Insulating
5.3 Acidic & Neutral Refractories
5.3.1 Chromite Refractories
5.3.2 High Alumina Refractories
5.3.3 Carbon Refractories
5.3.4 Silica Refractories
5.3.5 Fireclay Refractories
5.3.6 Zirconia Refractories
5.3.7 Bauxite
5.3.8 Kaolin
5.3.9 Mullite
5.3.10 Silicon Carbide
5.3.11 Other Acidic & Neutral Refractories
6 Global Refractories Market, By Manufacturing Process
6.1 Introduction
6.2 Fused cast
6.3 Formed
6.4 Dry Press Process
6.5 Hand molded
6.6 Unformed
7 Global Refractories Market, By Form
7.1 Introduction
7.2 Unshaped Refractories
7.3 Shaped Refractories
7.4 Monolithic
7.4.1 Plastic & Ramming Mixes
7.4.2 Castables
7.4.3 Bonding & Other Mortars
7.4.4 Gunning Mixes
7.5 Bricks
7.6 Other Forms
8 Global Refractories Market, By Composition
8.1 Introduction
8.2 Nonclay-based
8.3 Clay-based
9 Global Refractories Market, By End User
9.1 Introduction
9.2 Power Generation
9.3 Cement & Lime
9.4 Iron & Steel
9.5 Glass
9.6 Non-Ferrous Metal
9.7 Energy & Chemicals
9.8 Non-Metallic Materials
9.9 Ceramic
9.10 Chemical Manufacturing Plants
9.11 Petrochemical Refineries
9.12 Other End Users
9.12.1 Aerospace
10 Global Refractories Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Vesuvius
12.2 Harbisonwalker International
12.3 Saint-Gobain
12.4 Shinagawa Refractories
12.5 Chosun Refractories Co. Ltd
12.6 Coorstek Incorporated
12.7 RHI Magnesita
12.8 Morgan Advanced Materials
12.9 Corning Incorporated
12.10 Krosaki Harima
12.11 Imerys
12.12 Harbisonwalker International
12.13 IFGL Refractories Ltd
12.14 Minerals Technologies Inc.
12.15 Magnezit Group
List of Tables
1 Global Refractories Market Outlook, By Region (2017-2027) ($MN)
2 Global Refractories Market Outlook, By Alkalinity (2017-2027) ($MN)
3 Global Refractories Market Outlook, By Basic Refractories (2017-2027) ($MN)
4 Global Refractories Market Outlook, By Dolomite Refractories (2017-2027) ($MN)
5 Global Refractories Market Outlook, By Magnesite Refractories (2017-2027) ($MN)
6 Global Refractories Market Outlook, By Insulating (2017-2027) ($MN)
7 Global Refractories Market Outlook, By Acidic & Neutral Refractories (2017-2027) ($MN)
8 Global Refractories Market Outlook, By Chromite Refractories (2017-2027) ($MN)
9 Global Refractories Market Outlook, By High Alumina Refractories (2017-2027) ($MN)
10 Global Refractories Market Outlook, By Carbon Refractories (2017-2027) ($MN)
11 Global Refractories Market Outlook, By Silica Refractories (2017-2027) ($MN)
12 Global Refractories Market Outlook, By Fireclay Refractories (2017-2027) ($MN)
13 Global Refractories Market Outlook, By Zirconia Refractories (2017-2027) ($MN)
14 Global Refractories Market Outlook, By Bauxite (2017-2027) ($MN)
15 Global Refractories Market Outlook, By Kaolin (2017-2027) ($MN)
16 Global Refractories Market Outlook, By Graphite & Carbon (2017-2027) ($MN)
17 Global Refractories Market Outlook, By Mullite (2017-2027) ($MN)
18 Global Refractories Market Outlook, By Silicon Carbide (2017-2027) ($MN)
19 Global Refractories Market Outlook, By Other Acidic & Neutral Refractories (2017-2027) ($MN)
20 Global Refractories Market Outlook, By Manufacturing Process (2017-2027) ($MN)
21 Global Refractories Market Outlook, By Fused cast (2017-2027) ($MN)
22 Global Refractories Market Outlook, By Formed (2017-2027) ($MN)
23 Global Refractories Market Outlook, By Dry Press Process (2017-2027) ($MN)
24 Global Refractories Market Outlook, By Hand molded (2017-2027) ($MN)
25 Global Refractories Market Outlook, By Unformed (2017-2027) ($MN)
26 Global Refractories Market Outlook, By Form (2017-2027) ($MN)
27 Global Refractories Market Outlook, By Unshaped Refractories (2017-2027) ($MN)
28 Global Refractories Market Outlook, By Shaped Refractories (2017-2027) ($MN)
29 Global Refractories Market Outlook, By Monolithic (2017-2027) ($MN)
30 Global Refractories Market Outlook, By Plastic & Ramming Mixes (2017-2027) ($MN)
31 Global Refractories Market Outlook, By Castables (2017-2027) ($MN)
32 Global Refractories Market Outlook, By Bonding & Other Mortars (2017-2027) ($MN)
33 Global Refractories Market Outlook, By Gunning Mixes (2017-2027) ($MN)
34 Global Refractories Market Outlook, By Bricks (2017-2027) ($MN)
35 Global Refractories Market Outlook, By Other Forms (2017-2027) ($MN)
36 Global Refractories Market Outlook, By Composition (2017-2027) ($MN)
37 Global Refractories Market Outlook, By Nonclay-based (2017-2027) ($MN)
38 Global Refractories Market Outlook, By Clay-based (2017-2027) ($MN)
39 Global Refractories Market Outlook, By End User (2017-2027) ($MN)
40 Global Refractories Market Outlook, By Power Generation (2017-2027) ($MN)
41 Global Refractories Market Outlook, By Cement & Lime (2017-2027) ($MN)
42 Global Refractories Market Outlook, By Iron & Steel (2017-2027) ($MN)
43 Global Refractories Market Outlook, By Glass (2017-2027) ($MN)
44 Global Refractories Market Outlook, By Non-Ferrous Metal (2017-2027) ($MN)
45 Global Refractories Market Outlook, By Energy & Chemicals (2017-2027) ($MN)
46 Global Refractories Market Outlook, By Non-Metallic Materials (2017-2027) ($MN)
47 Global Refractories Market Outlook, By Ceramic (2017-2027) ($MN)
48 Global Refractories Market Outlook, By Chemical Manufacturing Plants (2017-2027) ($MN)
49 Global Refractories Market Outlook, By Petrochemical Refineries (2017-2027) ($MN)
50 Global Refractories Market Outlook, By Other End Users (2017-2027) ($MN)
51 Global Refractories Market Outlook, By Aerospace (2017-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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