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Refractories Market Size, Share & Trends Analysis Report By End-use (Iron & Steel, Cement & Lime, Glass & Ceramics, Non-Ferrous Metals), By Region (North America, Europe, Asia Pacific, MEA, CSA), And Segment Forecasts, 2025 - 2030

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  • 100 Pages
  • June 2025
  • Region: Global
  • Grand View Research
  • ID: 6111264
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Refractories Market Growth & Trends

The global refractories market size is anticipated to reach USD 70.2 billion by 2030. The market is projected to grow at a CAGR of 8.0% from 2025 to 2030. The market is expected to be driven by demand for refractories in cement and lime production around the world.

Refractories are used in rotary kilns to protect the steel shell from gas temperature and heat material. This allows the maximum working temperature required for carbon steel. Without refractory products, the kiln shell would be destroyed, affecting in closure of operations. These products also provide protection against abrasion, control the flow of material through the kiln and minimize heat loss.

According to International Energy Agency, global cement production was 4.15 billion tons in 2022, with a y-o-y decline of 5% from the previous year. This was mainly due to a fall in China’s cement production, which observed a y-o-y decline of 10.5%, impacted by sluggishness in the country’s real estate sector and government policies to recover from the pandemic. However, China has a leading share in global cement production and thus is expected to attract significant demand for refractory products.

The demand for iron & steel, glass, and cement in emerging countries such as India and Brazil is likely to remain a contributing factor for the market growth. For instance, India held the second position in global cement production, with a share reaching 9% in 2022 from 8% in 2021. Similarly, India’s crude steel production was 125.3 million tons in 2022 from 118.2 million tons in 2021. In 2022, India was the second largest steel producer after China.

Investments for the capacity expansion of steel plants are projected to provide a boost to market growth. For instance, in May 2023, Baosteel, Aramco and PIF signed an agreement to construct a steel plate manufacturing complex in Saudi Arabia. This complex is projected to have a capacity of 1.5 million tons per year with a focus on sustainability and reduction of CO2 emissions. The plant is expected to reduce CO2 emissions by nearly 60% compared to traditional steel plants.

Refractories Market Report Highlights

  • Based on end-use, iron & steel dominated the market with a share of over 68.2% in 2024 and is expected to maintain its position over the forecast period. The demand for steel products in construction & infrastructure supported by private and public expenditure is expected to play a key role in the market expansion.
  • The cement & lime end-use segment is projected to grow at a lucrative rate over the forecast period. The moderate growth in the production of cement and subsequent demand from end-use industries is likely to play a key role in the expansion of the segment.
  • Asia Pacific is anticipated to remain the dominant regional market, with a share of over 74.8% in 2024. The demand in the region is fueled by large volume production of steel, cement, and glass.
  • The refractories market is fragmented in nature, with players focusing on product availability, new product development, and competitive pricing.

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players worldwide.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listing for you to stay ahead of the curve
  • COVID-19's impact and how to sustain in these fast-evolving markets

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Refractories Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent Market Outlook
3.1.2. Related Market Outlook
3.2. Industry Value Chain Analysis
3.3. Regulatory Framework
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Industry Analysis Tools
3.5.1. Porter’s Five Forces Analysis
3.5.2. Macro-environmental Analysis
Chapter 4. Refractories Market: End Use Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Refractories Market: End Use Movement Analysis & Market Share, 2024 & 2030
4.3. Iron & Steel
4.3.1. Iron & Steel Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
4.4. Cement & Lime
4.4.1. Cement & Lime Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
4.5. Glass & Ceramics
4.5.1. Glass & Ceramics Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
4.6. Non-Ferrous Metals
4.6.1. Non-Ferrous Metals Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
4.7. Other End Use
4.7.1. Other End Use Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Chapter 5. Refractories Market: Regional Estimates & Trend Analysis
5.1. Regional Movement Analysis & Market Share, 2024 & 2030
5.2. North America
5.2.1. North America Refractories Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
5.2.2. U.S.
5.2.2.1. Key Country Dynamics
5.2.2.2. U.S. Refractories Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
5.2.3. Canada
5.2.3.1. Key Country Dynamics
5.2.3.2. Canada Refractories Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
5.2.4. Mexico
5.2.4.1. Key Country Dynamics
5.2.4.2. Mexico Refractories Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
5.3. Europe
5.3.1. Europe Refractories Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
5.3.2. Germany
5.3.2.1. Key Country Dynamics
5.3.2.2. Germany Refractories Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
5.3.3. UK
5.3.3.1. Key Country Dynamics
5.3.3.2. UK Refractories Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
5.3.4. France
5.3.4.1. Key Country Dynamics
5.3.4.2. France Refractories Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
5.3.5. Russia
5.3.5.1. Key Country Dynamics
5.3.5.2. Russia Refractories Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
5.4. Asia Pacific
5.4.1. Asia Pacific Refractories Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
5.4.2. China
5.4.2.1. Key Country Dynamics
5.4.2.2. China Refractories Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
5.4.3. Japan
5.4.3.1. Key Country Dynamics
5.4.3.2. Japan Refractories Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
5.4.4. India
5.4.4.1. Key Country Dynamics
5.4.4.2. India Refractories Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
5.4.5. South Korea
5.4.5.1. Key Country Dynamics
5.4.5.2. South Korea Refractories Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
5.5. Central & South America
5.5.1. Central & South America Refractories Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
5.5.2. Brazil
5.5.2.1. Key Country Dynamics
5.5.2.2. Brazil Refractories Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
5.6. Middle East & Africa
5.6.1. Middles East & Africa Refractories Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
5.6.2. South Africa
5.6.2.1. Key Country Dynamics
5.6.2.2. South Africa Refractories Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
Chapter 6. Refractories Market - Competitive Landscape
6.1. Recent Developments & Impact Analysis, By Key Market Participants
6.2. Company Categorization
6.3. Company Heat Map
6.4. Position Analysis, 2024
6.5. Strategy Mapping
6.5.1. Expansion
6.5.2. Mergers & Acquisition
6.5.3. Partnerships & Collaborations
6.5.4. New Product Launches
6.5.5. Research and Development
6.6. Company Profiles
6.6.1. Chosun Refractories Co., Ltd.
6.6.1.1. Participant’s Overview
6.6.1.2. Financial Performance
6.6.1.3. Product Benchmarking
6.6.1.4. Recent Developments
6.6.2. CoorsTek, Inc.
6.6.2.1. Participant’s Overview
6.6.2.2. Financial Performance
6.6.2.3. Product Benchmarking
6.6.2.4. Recent Developments
6.6.3. HarbisonWalker International
6.6.3.1. Participant’s Overview
6.6.3.2. Financial Performance
6.6.3.3. Product Benchmarking
6.6.3.4. Recent Developments
6.6.4. Imerys
6.6.4.1. Participant’s Overview
6.6.4.2. Financial Performance
6.6.4.3. Product Benchmarking
6.6.4.4. Recent Developments
6.6.5. Krosaki Harima
6.6.5.1. Participant’s Overview
6.6.5.2. Financial Performance
6.6.5.3. Product Benchmarking
6.6.5.4. Recent Developments
6.6.6. Morgan Advanced Materials
6.6.6.1. Participant’s Overview
6.6.6.2. Financial Performance
6.6.6.3. Product Benchmarking
6.6.6.4. Recent Developments
6.6.7. RHI Magnesita
6.6.7.1. Participant’s Overview
6.6.7.2. Financial Performance
6.6.7.3. Product Benchmarking
6.6.7.4. Recent Developments
6.6.8. Saint-Gobain SEFPRO
6.6.8.1. Participant’s Overview
6.6.8.2. Financial Performance
6.6.8.3. Product Benchmarking
6.6.8.4. Recent Developments
6.6.9. Shinagawa Refractories
6.6.9.1. Participant’s Overview
6.6.9.2. Financial Performance
6.6.9.3. Product Benchmarking
6.6.9.4. Recent Developments
6.6.10. Vesuvius
6.6.10.1. Participant’s Overview
6.6.10.2. Financial Performance
6.6.10.3. Product Benchmarking
6.6.10.4. Recent Developments
List of Tables
Table 1 List of abbreviations
Table 2 Refractories market (Kilo Tons) 2018 - 2030 (USD Million)
Table 3 Global refractories market estimates and forecasts by end use, 2018 - 2030 (Kilo Tons)
Table 4 Global refractories market estimates and forecasts by end use, 2018 - 2030 (USD Million)
Table 5 Global refractories market estimates and forecasts by region, 2018 - 2030 (Kilo Tons)
Table 6 Global refractories market estimates and forecasts by region, 2018 - 2030 (USD Million)
Table 7 North America refractories market by country, 2018 - 2030 (Kilo Tons)
Table 8 North America refractories market by country, 2018 - 2030 (USD Million)
Table 9 North America refractories market by end use, 2018 - 2030 (Kilo Tons)
Table 10 North America refractories market by end use, 2018 - 2030 (USD Million)
Table 11 U.S. refractories market by end use, 2018 - 2030 (Kilo Tons)
Table 12 U.S. refractories market by end use, 2018 - 2030 (USD Million)
Table 13 Canada refractories market by end use, 2018 - 2030 (Kilo Tons)
Table 14 Canada refractories market by end use, 2018 - 2030 (USD Million)
Table 15 Mexico refractories market by end use, 2018 - 2030 (Kilo Tons)
Table 16 Mexico refractories market by end use, 2018 - 2030 (USD Million)
Table 17 Europe refractories market by country, 2018 - 2030 (Kilo Tons)
Table 18 Europe refractories market by country, 2018 - 2030 (USD Million)
Table 19 Europe refractories market by end use, 2018 - 2030 (Kilo Tons)
Table 20 Europe refractories market by end use, 2018 - 2030 (USD Million)
Table 21 France refractories market by end use, 2018 - 2030 (Kilo Tons)
Table 22 France refractories market by end use, 2018 - 2030 (USD Million)
Table 23 Germany refractories market by end use, 2018 - 2030 (Kilo Tons)
Table 24 Germany refractories market by end use, 2018 - 2030 (USD Million)
Table 25 Russia refractories market by end use, 2018 - 2030 (Kilo Tons)
Table 26 Russia refractories market by end use, 2018 - 2030 (USD Million)
Table 27 U.K. refractories market by end use, 2018 - 2030 (Kilo Tons)
Table 28 U.K. refractories market by end use, 2018 - 2030 (USD Million)
Table 29 Asia Pacific refractories market by country, 2018 - 2030 (Kilo Tons)
Table 30 Asia Pacific refractories market by country, 2018 - 2030 (USD Million)
Table 31 Asia Pacific refractories market by end use, 2018 - 2030 (Kilo Tons)
Table 32 Asia Pacific refractories market by end use, 2018 - 2030 (USD Million)
Table 33 China refractories market by end use, 2018 - 2030 (Kilo Tons)
Table 34 China refractories market by end use, 2018 - 2030 (USD Million)
Table 35 India refractories market by end use, 2018 - 2030 (Kilo Tons)
Table 36 India refractories market by end use, 2018 - 2030 (USD Million)
Table 37 Japan refractories market by end use, 2018 - 2030 (Kilo Tons)
Table 38 Japan refractories market by end use, 2018 - 2030 (USD Million)
Table 39 South Korea refractories market by end use, 2018 - 2030 (Kilo Tons)
Table 40 South Korea refractories market by end use, 2018 - 2030 (USD Million)
Table 41 Central & South America refractories market by country, 2018 - 2030 (Kilo Tons)
Table 42 Central & South America refractories market by country, 2018 - 2030 (USD Million)
Table 43 Central & South America refractories market by end use, 2018 - 2030 (Kilo Tons)
Table 44 Central & South America refractories market by end use, 2018 - 2030 (USD Million)
Table 45 Brazil refractories market by end use, 2018 - 2030 (Kilo Tons)
Table 46 Brazil refractories market by end use, 2018 - 2030 (USD Million)
Table 47 Middle East & Africa refractories market by country, 2018 - 2030 (Kilo Tons)
Table 48 Middle East & Africa refractories market by country, 2018 - 2030 (USD Million)
Table 49 Middle East & Africa refractories market by end use, 2018 - 2030 (Kilo Tons)
Table 50 Middle East & Africa refractories market by end use, 2018 - 2030 (USD Million)
Table 51 South Africa refractories market by end use, 2018 - 2030 (Kilo Tons)
Table 52 South Africa refractories market by end use, 2018 - 2030 (USD Million)
List of Figures
Fig. 1 Market Research Process
Fig. 2 Data Triangulation Techniques
Fig. 3 Primary Research Pattern
Fig. 4 Market Research Approaches
Fig. 5 QFD Modeling for Market Share Assessment
Fig. 6 Information Procurement
Fig. 7 Market Formulation and Validation
Fig. 8 Data Validating & Publishing
Fig. 9 Market Segmentation & Scope
Fig. 10 Refractories Market Snapshot
Fig. 11 End Use Segment Snapshot
Fig. 12 Competitive Landscape Snapshot
Fig. 13 Parent market outlook
Fig. 14 Refractories Market Value, 2024 (USD Million)
Fig. 15 Refractories Market - Value Chain Analysis
Fig. 16 Refractories Market - Market Dynamics
Fig. 17 Refractories Market - PORTER’s Analysis
Fig. 18 Refractories Market - PESTEL Analysis
Fig. 19 Refractories Market Estimates & Forecasts, By End Use: Key Takeaways
Fig. 20 Refractories Market Share, By End Use, 2024 & 2030
Fig. 21 Iron & Steel Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 22 Cement & Lime Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 23 Glass & Ceramics Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 24 Non-Ferrous Metals Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 25 Others Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 26 Refractories Market Revenue, By Region, 2024 & 2030 (USD Million)
Fig. 27 North America Refractories Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 28 U.S. Refractories Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 29 Canada Refractories Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 30 Mexico Refractories Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 31 Europe Refractories Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 32 Germany Refractories Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 33 Russia Refractories Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 34 UK Refractories Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 35 France Refractories Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 36 Asia Pacific Refractories Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 37 China Refractories Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 38 India Refractories Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 39 Japan Refractories Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 40 South Korea Refractories Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 41 Central & South America Refractories Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 42 Brazil Refractories Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 43 Middle East & Africa Refractories Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 44 South Africa Refractories Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 45 Key Company Categorization
Fig. 46 Company Market Positioning
Fig. 47 Strategy Mapping

Companies Mentioned

  • Chosun Refractories Co., Ltd.
  • CoorsTek Inc.
  • HarbisonWalker International
  • Imerys
  • Krosaki Harima
  • Morgan Advanced Materials
  • RHI Magnesita
  • Saint-Gobain SEFPRO
  • Shinagawa Refractories
  • Vesuvius

Table Information

Report AttributeDetails
No. of Pages100
PublishedJune 2025
Forecast Period2024 - 2030
Estimated Market Value ( USD ) in 2024 $ 45.36 Billion
Forecasted Market Value ( USD ) by 2030 $ 70.2 Billion
Compound Annual Growth Rate8.0%
Regions CoveredGlobal
No. of Companies Mentioned10

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