Global Magnesia Chrome Brick Market by Type (Direct Bonded, Fused/Rebonded, Chemically Bonded, Fused Cast), End-use Industry (Iron & Steel, Power Generation, Non-Ferrous Metals, Cement, Glass), and Region

The global Magnesia chrome brick market is estimated to be USD 2.2 billion in 2020 and is projected to reach USD 2.6 billion by 2025, at a CAGR of 3% from 2020 to 2025.

The market is witnessing moderate growth, owing to increasing application, infrastructural development, and growing demand for these magnesia chrome brick in the Asia-Pacific and Europe. Magnesia chrome brick are largely used in the iron & steel industry. The increasing use of magnesia chrome brick in iron & steel making and the rising construction activities is driving the Magnesia chrome brick market. Strict environmental and government regulations is the restraints for the Magnesia chrome brick market.

Iron & Steel segment is expected to lead the Magnesia chrome brick market during the forecast period

The iron & steel industry will continue to lead the Magnesia chrome brick market, , accounting for a share of 60.2% of the overall market, in 2019 terms of value. This was due to the increasing demand for infrastructure development and mounting demand for consumer goods such as automobiles. The increasing preference for high-cost, high-performance magnesia chrome brick is driven by by its applications in the lining of various furnaces, ladles, and vessels, which are governed by the operating conditions at each stage in the process of manufacturing steel.

Asia-Pacific is the largest market for Magnesia chrome brick

Asia-Pacific accounted for the largest share of the Magnesia chrome brick market in 2020. Factors such as the rapidly increasing consumption of magnesia chrome brick in the iron & steel, power generation cement, and glass industries in countries such as China, Japan, India, South Korea and Australia have led to an increased demand for Magnesia chrome brick in the Asia-Pacific region.

Research Coverage

The report covers the magnesia chrome brick market based on type, end-use, and region. This study aims at estimating the size and future growth potential of the market across various segmentation types. It also includes an in-depth competitive analysis of the key market players, along with their profiles and key growth strategies.

The magnesia chrome brick market comprises major solution providers, such as RHI Magnesita (Austria), Visuvius (UK), Shinagawa Refractories (Japan), HarbisonWalker International (US), and Calderys (France) among others. The study includes an in-depth competitive analysis of these key players in the magnesia chrome brick market, with their company profiles, and key market strategies.

Breakup of Primaries

This study has been validated through primaries conducted with various industry experts worldwide. These primary sources have been divided into 3 categories, namely by company, by designation, and by region.

By Company Type: Tier 1 - 55%, Tier 2 - 30%, and Tier 3 - 15%
By Designation: C Level - 55%, Directors - 23%, and Others - 21%
By Region: North America - 45%, Europe - 27%, Asia-Pacific - 15%, Middle East - 6%, and South America - 7%

Key Benefits of Buying the Report

Comprehensive coverage and analysis of the magnesia chrome brick market in Asia-Pacific, Europe, North America, Middle East & Africa, and South America
Competitive landscape of major players and their developments in magnesia chrome brick market
A list of VOC regulations driving the market in key countries and regions
Identifying high-potential opportunities for magnesia chrome brick
Identifying and targeting high-growth application segments

1 Introduction

1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Market Segmentation: Magnesia Chrome Brick
1.3.2 Regions Covered
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Unit Considered
1.6 Limitations
1.7 Stakeholders

2 Research Methodology

2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Breakdown of Primary Interviews
2.2 Base Number Calculation
2.2.1 Supply-Side Approach
2.2.2 Demand-Side Approach
2.3 Market Size Estimation
2.3.1 Market Size Estimation Methodology: Bottom-Up Approach
2.3.2 Market Size Estimation Methodology: Top-Down Approach
2.4 Data Triangulation
2.5 Assumptions

3 Executive Summary

4 Premium Insights

4.1 Attractive Opportunities in the Magnesia Chrome Brick Market
4.2 Magnesia Chrome Brick Market, by Region
4.3 Asia-Pacific Magnesia Chrome Brick Market, by Country and Type
4.4 Magnesia Chrome Brick Market: Major Countries

5 Market Overview

5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increase in Infrastructural Development in Emerging Economies
5.2.1.2 Growing Demand for High-Grade Magnesia Chrome Bricks from the Iron & Steel Industry
5.2.1.3 High Growth Rate Witnessed by the Non-Metallic Minerals Industry
5.2.2 Restraints
5.2.2.1 Restrictions on the Use of Magnesia Chrome Bricks due to Growing Environmental Concerns
5.2.2.2 Monopoly of China Over Raw Material Supply
5.2.3 Opportunities
5.2.3.1 Recycling of Magnesia Chrome Bricks
5.2.4 Challenges
5.2.4.1 Overdependence on the Iron & Steel Industry
5.3 Porter's Five Forces Analysis
5.3.1 Bargaining Power of Suppliers
5.3.2 Threat of New Entrants
5.3.3 Threat of Substitutes
5.3.4 Bargaining Power of Buyers
5.3.5 Rivalry Among Existing Players
5.4 Policy & Regulations
5.4.1 Environmental Protection Agency
5.4.2 Reach
5.4.3 Restar
5.5 Value Chain Analysis
5.5.1 Value Chain of Magnesia Chrome Brick
5.5.2 Impact of COVID-19 on Supply Chain
5.6 Macroeconomic Indicators

6 Magnesia Chrome Brick Market, by Type

6.1 Introduction
6.2 Direct Bonded
6.2.1 Rising Use of Direct Bonded Magnesia Chrome Bricks from Various End-use Industries
6.3 Fused/Rebonded
6.3.1 Increased Demand from Non-Ferrous Metal Smelting
6.4 Chemically Bonded
6.4.1 Increased Steel Production Expected to Drive Demand
6.5 Fused Cast
6.5.1 Excellent Slag Resistance Property to Drive Demand from Non-Ferrous Metals Industry

7 Magnesia Chrome Brick Market, by End-use Industry

7.1 Introduction
7.2 Iron & Steel
7.2.1 Demand from Major Steel Manufacturing Countries Driving the Market
7.3 Power Generation
7.3.1 Demand for Magnesia Chrome Brick from the Power Generation Industry Witnessing Slow Growth
7.4 Non-Ferrous Metals
7.4.1 Rising Demand in Automotive and Aviation Industries
7.5 Cement
7.5.1 Infrastructural Developments in Emerging Economies to Drive Demand
7.6 Glass
7.6.1 Increasing Residential and Commercial Construction in Emerging Economies
7.7 Others

8 Magnesia Chrome Brick Market, by Region

8.1 Introduction
8.2 APAC
8.2.1 Impact of COVID-19 in APAC
8.2.2 China
8.2.2.1 Increasing Demand for Iron and Steel in the Construction Industry Drive the Market for Magnesia Chrome Brick
8.2.3 Japan
8.2.3.1 High Demand for Steel from the Automobile Industry Drive the Market in the Country
8.2.4 India
8.2.4.1 Growth of Iron & Steel, Glass, and Power Generation Industries Fuel the Market
8.2.5 South Korea
8.2.5.1 Demand from Various End-use Industries Expected to Boost the Market in this Country
8.2.6 Australia
8.2.6.1 High Demand for Iron and Steel in the Construction Industry Fuel the Market
8.2.7 Rest of APAC
8.3 Europe
8.3.1 Impact of COVID-19 in Europe
8.3.2 Russia
8.3.2.1 Infrastructural Development and Growing Urbanization Boosting the Demand
8.3.3 Germany
8.3.3.1 Growth of the Construction Industry Drive the Market
8.3.4 Turkey
8.3.4.1 Rising Demand for Iron and Steel to Boost the Market
8.3.5 Italy
8.3.5.1 Demand from Iron & Steel and Construction Industries Drive the Market
8.3.6 France
8.3.6.1 Iron & Steel and Non-Ferrous Metals Industries Drive Demand for Magnesia Chrome Brick
8.3.7 Spain
8.3.7.1 Increased Export of Iron & Steel Has Boosted the Demand for Magnesia Chrome Brick in Spain
8.3.8 UK
8.3.8.1 Rising Demand from Non-Ferrous and Iron & Steel Industries Fuel the Demand for Magnesia Chrome Brick
8.3.9 Rest of Europe
8.4 North America
8.4.1 Impact of COVID-19 on Magnesia Chrome Bricks Market in North America
8.4.2 US
8.4.2.1 Growth of the Iron & Steel Industry Drive the Market in the US
8.4.3 Canada
8.4.3.1 Residential and Public Infrastructural Developments Fuel the Demand for Magnesia Chrome Brick in Canada
8.4.4 Mexico
8.4.4.1 Increased Demand from the Manufacturing Sector Boost the Market
8.5 Middle East & Africa
8.5.1 Impact of COVID-19 in Middle East & Africa
8.5.2 Saudi Arabia
8.5.2.1 Growth of the Construction Industry Expected to Drive the Market
8.5.3 UAE
8.5.3.1 Development of the Non-Oil Sector Propel the Market in the UAE
8.5.4 South Africa
8.5.4.1 Demand from the Iron & Steel Industry to Drive the Market
8.5.5 Rest of Middle East and Africa
8.6 South America
8.6.1 Impact of COVID-19 in South America
8.6.2 Brazil
8.6.2.1 Growing Demand from Various End-use Industries to Boost the Market
8.6.3 Argentina
8.6.3.1 The Increasing Demand for Non-Ferrous Metals Expected to Drive the Market in Argentina
8.6.4 Rest of South America

9 Competitive Landscape

9.1 Overview
9.2 Market Share Analysis
9.3 Competitive Scenario
9.3.1 Mergers & Acquisitions
9.3.2 Expansions

10 Company Profiles

10.1 RHI Magnesita
10.1.1 Business Overview
10.1.2 Products Offered
10.1.3 Recent Developments
10.1.4 SWOT Analysis
10.1.5 Winning Imperatives
10.1.6 Current Focus and Strategies
10.1.7 Threat from Competition
10.1.8 RHI Magnesita's Right to Win
10.2 Vesuvius
10.2.1 Business Overview
10.2.2 Products Offered
10.2.3 Recent Developments
10.2.4 SWOT Analysis
10.2.5 Winning Imperatives
10.2.6 Current Focus and Strategies
10.2.7 Threat from Competition
10.2.8 Vesuvius' Right to Win
10.3 Shinagawa Refractories
10.3.1 Business Overview
10.3.2 Products Offered
10.3.3 SWOT Analysis
10.3.4 Winning Imperatives
10.3.5 Current Focus and Strategies
10.3.6 Threat from Competition
10.3.7 Shinagawa Refractories' Right to Win
10.4 HarbisonWalker International
10.4.1 Business Overview
10.4.2 Products Offered
10.4.3 Recent Developments
10.4.4 SWOT Analysis
10.4.5 Winning Imperatives
10.4.6 Current Focus and Strategies
10.4.7 Threat from Competition
10.4.8 HarbisonWalker International's Right to Win
10.5 Calderys
10.5.1 Business Overview
10.5.2 Products Offered
10.5.3 SWOT Analysis
10.5.4 Winning Imperatives
10.5.5 Current Focus and Strategies
10.5.6 Threat from Competition
10.5.7 Calderys' Right to Win
10.6 Chosun Refractories Co. Ltd.
10.6.1 Business Overview
10.6.2 Products Offered
10.7 Magnezit Group
10.7.1 Business Overview
10.7.2 Products Offered
10.8 Resco Products
10.8.1 Business Overview
10.8.2 Products Offered
10.8.3 Recent Developments
10.9 RS Kiln Refractory Company
10.9.1 Business Overview
10.9.2 Products Offered
10.10 KT Refractories
10.10.1 Business Overview
10.10.2 Products Offered
10.11 Additional Companies
10.11.1 Puyang Refractories Group
10.11.2 TRL Krosaki
10.11.3 Minerex India
10.11.4 Ruitai Materials Technology
10.11.5 Qinghua Refractories Co. Ltd.
10.11.6 Refractechnik Holding GmbH
10.11.7 Gita Refractories
10.11.8 Mayerton
10.11.9 Lanexis
10.11.10 Liaoning Lian Refractories Co. Ltd.
10.11.11 JBTC

11 Appendix

11.1 Discussion Guide
11.2 Knowledge Store: The Subscription Portal
11.3 Available Customizations

List of Tables

Table 1 Trends and Forecast of the Construction Industry, by Country, 2014-2018 (USD Billion)
Table 2 World Crude Steel Production, by Major Country, 2018-2019 (Million Ton
Table 3 Magnesia Chrome Brick Market Size, by Type, 2018-2025 (USD Million)
Table 4 Magnesia Chrome Brick Market Size, by Type, 2018-2025 (Kiloton
Table 5 Direct Bonded: Magnesia Chrome Brick Market Size, by Region, 2018-2025 (USD Million)
Table 6 Direct Bonded: Magnesia Chrome Brick Market Size, by Region, 2018-2025 (Kiloton
Table 7 Fused/Rebonded: Magnesia Chrome Brick Market Size, by Region, 2018-2025 (USD Million)
Table 8 Fused/Rebonded: Magnesia Chrome Brick Market Size, by Region, 2018-2025 (Kiloton
Table 9 Chemically Bonded: Magnesia Chrome Brick Market Size, by Region, 2018-2025 (USD Million)
Table 10 Chemically Bonded: Magnesia Chrome Brick Market Size, by Region, 2018-2025 (Kiloton
Table 11 Fused Cast: Magnesia Chrome Brick Market Size, by Region, 2018-2025 (USD Million)
Table 12 Fused Cast: Magnesia Chrome Brick Market Size, by Region, 2018-2025 (Kiloton
Table 13 Magnesia Chrome Brick Market Size, by End-use Industry, 2018-2025 (USD Million)
Table 14 Iron & Steel: Magnesia Chrome Brick Market Size, 2018-2025 (USD Million)
Table 15 Power Generation: Magnesia Chrome Brick Market Size, by Region 2018-2025 (USD Million)
Table 16 Non-Ferrous Metals: Magnesia Chrome Brick Market Size, by Region 2018-2025 (USD Million)
Table 17 Cement: Magnesia Chrome Brick Market Size, by Region 2018-2025 (USD Million)
Table 18 Glass: Magnesia Chrome Brick Market Size, by Region 2018-2025 (USD Million)
Table 19 Others: Magnesia Chrome Brick Market Size, by Region 2018-2025 (USD Million)
Table 20 Magnesia Chrome Brick Market, by Region, 2018-2025 (USD Million)
Table 21 Magnesia Chrome Brick Market, by Region, 2018-2025 (Kiloton
Table 22 Magnesia Chrome Brick Market, by Type, 2018-2025 (USD Million)
Table 23 Magnesia Chrome Brick Market, by Type, 2018-2025 (Kiloton
Table 24 Magnesia Chrome Brick Market, by End-use Industry, 2018-2025 (USD Million)
Table 25 APAC: Magnesia Chrome Brick Market Size, by Country, 2018-2025 (USD Million)
Table 26 APAC: Magnesia Chrome Brick Market Size, by Country, 2018-2025 (Kiloton
Table 27 APAC: Magnesia Chrome Brick Market Size, by Type, 2018-2025 (USD Million)
Table 28 APAC: Magnesia Chrome Brick Market Size, by Type, 2018-2025 (Kiloton
Table 29 APAC: Magnesia Chrome Brick Market Size, by End-use Industry, 2018-2025 (USD Million)
Table 30 China: Magnesia Chrome Brick Market Size, by End-use Industries, 2018-2025 (USD Million)
Table 31 Japan: Magnesia Chrome Brick Market Size, by End-use Industry, 2018-2025 (USD Million)
Table 32 India: Magnesia Chrome Brick Market Size, by End-use Industry, 2018-2025 (USD Million)
Table 33 South Korea: Magnesia Chrome Brick Market Size, by End-use Industry, 2018-2025 (USD Million)
Table 34 Australia: Magnesia Chrome Brick Market Size, by End-use Industry, 2018-2025 (USD Million)
Table 35 Rest of APAC: Magnesia Chrome Brick Market Size, by End-use Industry, 2018-2025 (USD Million)
Table 36 Europe: Magnesia Chrome Brick Market Size, by Country, 2018-2025 (USD Million)
Table 37 Europe: Magnesia Chrome Brick Market Size, by Country, 2018-2025 (Kiloton
Table 38 Europe: Magnesia Chrome Brick Market Size, by Type, 2018-2025 (USD Million)
Table 39 Europe: Magnesia Chrome Brick Market Size, by Type, 2018-2025 (Kiloton
Table 40 Europe: Magnesia Chrome Brick Market Size, by End-use Industry, 2018-2025 (USD Million)
Table 41 Russia: Magnesia Chrome Brick Market Size, by End-use Industry, 2020-2025 (USD Million)
Table 42 Germany: Magnesia Chrome Brick Market Size, by End-use Industry, 2020-2025 (USD Million)
Table 43 Turkey: Magnesia Chrome Brick Market Size, by End-use Industry, 2020-2025 (USD Million)
Table 44 Italy: Magnesia Chrome Brick Market Size, by End-use Industry, 2020-2025 (USD Million)
Table 45 France: Magnesia Chrome Brick Market Size, by End-use Industry, 2020-2025 (USD Million)
Table 46 Spain: Magnesia Chrome Brick Market Size, by End-use Industry, 2020-2025 (USD Million)
Table 47 UK: Magnesia Chrome Brick Market Size, by End-use Industry, 2020-2025 (USD Million)
Table 48 Rest of Europe: Magnesia Chrome Brick Market Size, by End-use Industry, 2018-2025(USD Million
Table 49 North America: Magnesia Chrome Brick Market Size, by Country, 2018-2025 (USD Million)
Table 50 North America: Magnesia Chrome Brick Market Size, by Country, 2018-2025 (Kiloton
Table 51 North America: Magnesia Chrome Brick Market Size, by Type, 2018-2025 (USD Million)
Table 52 North America: Magnesia Chrome Brick Market Size, by Type, 2018-2025 (Kiloton
Table 53 North America: Magnesia Chrome Brick Market Size, by End-use Industry, 2018-2025 (USD Million)
Table 54 US: Magnesia Chrome Brick Market Size, by End-use Industry, 2018-2025 (USD Million)
Table 55 Canada: Magnesia Chrome Brick Market Size, by End-use Industry, 2018-2025 (USD Million)
Table 56 Mexico: Magnesia Chrome Brick Market Size, by End-use Industry, 2018-2025 (USD Million)
Table 57 Middle East & Africa: Magnesia Chrome Brick Market Size, by Country, 2018-2025 (USD Million)
Table 58 Middle East & Africa: Magnesia Chrome Brick Market Size, by Country, 2018-2025 (Kiloton
Table 59 Middle East & Africa: Magnesia Chrome Brick Market Size, by Type, 2018-2025 (USD Million)
Table 60 Middle East & Africa: Magnesia Chrome Brick Market Size, by Type, 2018-2025 (Kiloton
Table 61 Middle East & Africa: Magnesia Chrome Brick Market Size, by End-use Industry, 2018-2025 (USD Million)
Table 62 Saudi Arabia: Magnesia Chrome Brick Market Size, by End-use Industry, 2018-2025 (USD Million)
Table 63 UAE: Magnesia Chrome Brick Market Size, by End-use Industry, 2018-2025 (USD Million)
Table 64 South Africa: Magnesia Chrome Brick Market Size, by End-use Industry, 2018-2025 (USD Million)
Table 65 Rest of Middle East & Africa: Magnesia Chrome Brick Market Size, by End-use Industry, 2018-2025 (USD Million)
Table 66 South America: Magnesia Chrome Brick Market Size, by Country, 2018-2025 (USD Million)
Table 67 South America: Magnesia Chrome Brick Market Size, by Country, 2018-2025 (Kiloton
Table 68 South America: Magnesia Chrome Brick Market Size, by Type, 2018-2025 (USD Million)
Table 69 South America: Magnesia Chrome Brick Market Size, by Type, 2018-2025 (Kiloton
Table 70 South America: Magnesia Chrome Brick Market Size, by End-use Industry, 2018-2025 (USD Million)
Table 71 Brazil: Magnesia Chrome Brick Market Size, by End-use Industry, 2018-2025 (USD Million)
Table 72 Argentina: Magnesia Chrome Brick Market Size, by End-use Industry, 2018-2025 (USD Million)
Table 73 Rest of South America: Magnesia Chrome Brick Market Size, by End-use Industry, 2018-2025 (USD Million)
Table 74 Mergers & Acquisitions, 2017-2020
Table 75 Expansions, 2017-2020

List of Figures

Figure 1 Magnesia Chrome Brick Market: Data Triangulation
Figure 2 By Type, Direct Bonded Segment Dominated Magnesia Chrome Brick Market in 2019
Figure 3 By End-use Industry, Iron & Steel Segment Dominated Magnesia Chrome Brick Market in 2019
Figure 4 APAC Dominated Magnesia Chrome Brick Market in 2019
Figure 5 Increasing Usage of Magnesia Chrome Brick in End-use Industry Applications to Drive Market
Figure 6 Asia-Pacific to be Largest Market Between 2020 and 2025
Figure 7 China Accounted for Largest Share in Asia-Pacific
Figure 8 India to be Fastest-Growing Market Between 2020 and 2025
Figure 1 Drivers, Restraints, Opportunities, and Challenges in the Magnesia Chrome Brick Market
Figure 2 Porter's Five Forces Analysis
Figure 9 By Type, Direct Bonded to Lead Magnesia Chrome Brick Market During Forecast Period
Figure 10 Iron & Steel Industry Projected to Dominate the Magnesia Chrome Brick Market During the Forecast Period
Figure 11 Magnesia Chrome Brick Market in APAC to Grow at the Highest Rate During the Forecast Period
Figure 12 APAC: Magnesia Chrome Brick Market Snapshot
Figure 13 Europe: Magnesia Chrome Brick Market Snapshot
Figure 14 North America: Magnesia Chrome Brick Market Snapshot
Figure 15 Companies Adopted Expansions as the Key Growth Strategy Between 2017 and 2020
Figure 16 Market Share of Key Players in the Magnesia Chrome Brick Market, 2019
Figure 17 RHI Magnesita: Company Snapshot
Figure 18 RHI Magnesita: SWOT Analysis
Figure 19 Vesuvius: Company Snapshot
Figure 20 Vesuvius: SWOT Analysis
Figure 21 Shinagawa Refractories: Company Snapshot
Figure 22 Shinagawa Refractories: SWOT Analysis
Figure 23 Harbisonwalker International: Company Snapshot
Figure 24 Harbison Walker International: SWOT Analysis
Figure 25 Calderys: Company Snapshot
Figure 26 Calderys: SWOT Analysis
Figure 27 Chosun Refractories: Company Snapshot
Figure 28 Magnezit Group: Company Snapshot
Figure 29 Resco Products: Company Snapshot
Figure 30 RS Kiln Refractory Company: Company Snapshot
Figure 31 KT Refractories: Company Snapshot

Companies Mentioned

Calderys
Chosun Refractories Co. Ltd.
Gita Refractories
HarbisonWalker International
JBTC
KT Refractories
Lanexis
Liaoning Lian Refractories Co. Ltd.
Magnezit Group
Mayerton
Minerex India
Puyang Refractories Group
Qinghua Refractories Co. Ltd.
Refractechnik Holding GmbH
Resco Products
RHI Magnesita
RS Kiln Refractory Company
Ruitai Materials Technology
Shinagawa Refractories
TRL Krosaki
Vesuvius

Methodology

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Table Information

Report Attribute	Details
No. of Pages	127
Published	October 2020
Forecast Period	2020 - 2025
Estimated Market Value ( USD ) in 2020	$ 2.2 billion
Forecasted Market Value ( USD ) by 2025	$ 2.6 billion
Compound Annual Growth Rate	3.4%
Regions Covered	Global
No. of Companies Mentioned	21

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Global Magnesia Chrome Brick Market by Type (Direct Bonded, Fused/Rebonded, Chemically Bonded, Fused Cast), End-use Industry (Iron & Steel, Power Generation, Non-Ferrous Metals, Cement, Glass), and Region - Forecast to 2025

Table of Contents

Companies Mentioned

Methodology

Table Information

Table of Contents

Companies Mentioned

Methodology

Table Information

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