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Refractories - Global Strategic Business Report

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    Report

  • 494 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 338433
The global market for Refractories is estimated at US$26.5 Billion in 2023 and is projected to reach US$34 Billion by 2030, growing at a CAGR of 3.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Bricks & Shapes segment, which is expected to reach US$18.8 Billion by 2030 with a CAGR of 2.9%. The Monolithics & Others segment is also set to grow at 3.6% CAGR over the next 8 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $1.7 Billion in 2023, and China, forecasted to grow at an impressive 3.8% CAGR to reach $19.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Refractories Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Refractories Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Refractories Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as China National BlueStar (Group) Co., Ltd., ITOCHU Corporation, Carborundum Universal Ltd., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 104 Featured):

  • China National BlueStar (Group) Co., Ltd.
  • ITOCHU Corporation
  • Carborundum Universal Ltd.
  • Aremco Products, Inc.
  • Lhoist Group
  • BNZ Materials, Inc.
  • Almatis GmbH
  • Keith Co., Inc.
  • LKAB Minerals AB
  • IRONWORKS LLC
  • Dalmia Bharat Group
  • Insulcon BV
  • Cerco Corporation
  • LKAB
  • China Metallurgical Information and Standardization Institute (CMISI)

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Refractories: A Prelude
  • Features and Benefits
  • Refractory Products by Form
  • Refractory Products by Material
  • Market Outlook
  • Regional Outlook
  • Key Drivers of Refractories by End-Use Sector
  • Monolithics to Outshine Bricks and Shapes
  • Non-Ferrous and Non-Metallic Applications Gain Growth
  • Refractories - Global Key Competitors Percentage Market Share in 2023 (E)
  • Refractory Production Landscape
  • Competition
  • Global Refractories Industry in Consolidation Mode
  • Recent Market Activity
  • World Brands
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Supplies and Pricing Volatilities Constrain the Refractories Market Worldwide
  • Influx of New Preparation Technologies to Transform Refractory Materials
  • Nanomaterials Gain Interest in Refractory Industry
  • Demand for Efficient and Durable Refractories on Rise
  • Raw Materials Play an Important Role in Determining Prices
  • Alternative Minerals to Witness Increased Adoption as Bauxite Supply Drops
  • Refractories: A Major End-Use Market for Natural Graphite
  • Companies Test Other Regions for Mining of Graphite
  • Refractory Manufacturers to Invest in Graphite Mines to Tackle Rising Graphite Prices
  • Focus on New Sources of Magnesia on Rise
  • Kyanite and Other Related Minerals Gain Interest
  • Customization of Refractories Catches On
  • A Highly Fragmented Marketplace Benefits Raw Material Suppliers
  • Demand for Efficient and Durable Refractories Rises
  • Market Dynamics of Major End-Use Sectors
  • Iron & Steel
  • China Holds the Key for Future Growth of Steel Industry
  • Cement
  • Glass Manufacturing
  • Growth Drivers for Flat Glass Industry: On a Scale 1-10 (10 - High Impact; 1 - Low Impact)
  • Ceramic Tiles
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Bricks & Shapes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for Bricks & Shapes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 3: World 16-Year Perspective for Bricks & Shapes by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Monolithics & Others by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for Monolithics & Others by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 6: World 16-Year Perspective for Monolithics & Others by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Clay Refractories by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Clay Refractories by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 9: World 16-Year Perspective for Clay Refractories by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Non-Clay Refractories by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Non-Clay Refractories by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 12: World 16-Year Perspective for Non-Clay Refractories by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Iron & Steel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for Iron & Steel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 15: World 16-Year Perspective for Iron & Steel by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Non-Metallic Materials by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for Non-Metallic Materials by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 18: World 16-Year Perspective for Non-Metallic Materials by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Non-Ferrous Metals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 20: World Historic Review for Non-Ferrous Metals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 21: World 16-Year Perspective for Non-Ferrous Metals by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 23: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 24: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
  • Table 25: World Refractories Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 26: World Recent Past, Current & Future Analysis for Refractories by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 27: World Historic Review for Refractories by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 28: World 16-Year Perspective for Refractories by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Refractories Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Market Analytics
  • Market Overview
  • Immediate Market Prospects Remain Sluggish
  • Market Demand Largely Dictated by Trends in the Steel Sector
  • Favorable Outlook for Construction Materials Post Pandemic Augurs Well
  • Refractories: Major Application of Graphite in the US
  • Evolution of US Clay and Non Clay Refractories Industry: A Historical Perspective
  • Market Trends
  • Non-Clay Refractories to Make Gains
  • Advanced and Specialty Products Garner Consumer Interest
  • Monolithic Refractories Seek Novel Opportunities
  • Competitive Scenario
CANADA
JAPAN
  • Refractories Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Refractories Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Market Overview
  • China Continues to Remain the Most Important Refractories Market
  • Refractory Raw Materials in China
  • Geographic Distribution of Refractory Producers
  • Chinese Refractories Industry to Consolidate in Future
  • Eco-Refractories to Foray into the Market
  • Market Analytics
EUROPE
  • Refractories Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Refractories Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Refractories Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Refractories Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • Market Overview
  • Government Initiatives to Boost Steel Industry Favor Growth in the Refractories Market
  • Anticipated Recovery in Construction Activity to Promote Demand for Steel
  • Market Analytics
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Refractories Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
INDIA
  • Refractories Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
  • Market Overview
  • Evolution of Refractory Market in India
  • Challenges Facing the Indian Refractories Market
  • Efforts to Recycle, Reuse and Eliminate Refractory Waste
  • Indian Steel Market: A Review
  • Competitive Landscape
  • Market Analytics
REST OF ASIA-PACIFIC
LATIN AMERICA
  • Refractories Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
BRAZILREST OF LATIN AMERICAREST OF WORLDIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • China National BlueStar (Group) Co., Ltd.
  • ITOCHU Corporation
  • Carborundum Universal Ltd.
  • Aremco Products, Inc.
  • Lhoist Group
  • BNZ Materials, Inc.
  • Almatis GmbH
  • Keith Co., Inc.
  • LKAB Minerals AB
  • IRONWORKS LLC
  • Dalmia Bharat Group
  • Insulcon BV
  • Cerco Corporation
  • LKAB
  • China Metallurgical Information and Standardization Institute (CMISI)

Table Information