Refractories Market by Form (Shaped Refractories, Unshaped Refractories), Alkalinity (Acidic & Neutral. Basic), End-Use Industry (Iron & Steel, Power Generation, Non-Ferrous Metals, Cement, Glass), and Region – Global Forecast to 2025

2020-09-18
Price :
Published : Sep-2020
No. of Pages : 240

“The Refractories market is projected to register a CAGR of 3.4% during the forecast period, in terms of value.”

The global Refractories market is estimated to be USD 23.2 billion in 2020 and is projected to reach USD 27.4 billion by 2025, at a CAGR of 3.4% from 2020 to 2025. The market is witnessing moderate growth, owing to increasing application, technological advancements, and growing demand for these refractories in the Asia Pacific and Europe. Refractories are largely used in the iron & steel industry. The increasing use of refractories and the rising construction activities is driving the refractories market. Strict environmental and government regulations is the restraints for the Refractories market.

Iron & Steel segment is expected to lead the Refractories market during the forecast period.”

The iron & steel industry will continue to lead the Refractories market, , accounting for a share of 60.0% 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 refractories is driven by the need to improve the quality of life, health & environment, and shift to clean, alternative sources of manufacturing.

“Asia Pacific is the largest market for Refractories.”

Asia Pacific accounted for the largest share of the Refractories market in 2020. Factors such as the rapidly increasing consumption of refractories 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 Refractories in the Asia Pacific region.

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%

The refractories market comprises major solution providers, such as Saint-Gobain (France), RHI Magnesita (Austria), Corning Incorporated (US), Morgan Advanced Materials (UK), and Shinagawa Refractories (Japan) among others. The study includes an in-depth competitive analysis of these key players in the refractories market, with their company profiles, and key market strategies.

Research Coverage:

The report covers the refractories market based on form, alkalinity, 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.

Key Benefits of Buying the Report:

  • Comprehensive coverage and analysis of the refractories market in Asia Pacific, Europe, North America, Middle East & Africa, and South America
  • Competitive landscape of major players and their developments in refractories market
  • A list of VOC regulations driving the market in key countries and regions
  • Identifying high-potential opportunities for refractories
  • Identifying and targeting high-growth application segments
Filed in: Advanced Material
Publisher : marketsandmarkets
More Reports
Title Price Buy Now

Injection Molding Polyamide 6 Market by Grade (Reinforced PA6, Unreinforced PA6, Others), End-use Industry (Automotive, Electrical & Electronics, Industrial/Machinery, Consumer Goods & Appliances, Construction, Others), Region – Global Forecast to 2025

“Growing application of injection molding polyamide 6 in various end-use industries in the emerging economies is driving the demand for injection molding polyamide 6 market” The injection molding polyamide 6 market is projected to grow from USD 7.5 billion in 2020 to USD 10.4 billion by 2025, at a CAGR of 6.9% from 2020 to 2025. One of the key factors driving the growth of the injection molding polyamide 6 market includes the growing end-use industries in emerging economies. End-use industries such as automotive, electrical & electronics, industrial/machinery, consumer goods & appliances, and construction are expected to flourish in emerging economies, including China, India, and Thailand, during the forecast period. This, in turn, is expected to contribute to the growth of ......
$5650

Photoresist & Photoresist Ancillaries Market by Application (Semiconductor & IC,LCD, PCB), Photoresist Type (ArF Immersion, ArF Dry Film, KrF, G-line & I-line), Ancillary Type (Anti-reflective Coating, Remover, Developer), Region – Global Forecast to 2025

“The photoresist and photoresist ancillaries market is projected to witness a CAGR of 4.8%, in terms of value, during the forecast period.” The global photoresist and photoresist ancillaries market size was estimated at USD 3.3 billion in 2020 and is projected to reach USD 4.2 billion by 2025, at a CAGR of 4.8%. The growing demand for miniaturized semiconductor devices, memory chips, printed circuit boards, LCDs, high-performance compact consumer electronic products such as smartphones & tablets, game devices, and high-speed servers are expected to drive the market for photoresist and photoresist ancillaries in the coming years. The major restraining factor in the photoresist market is that it is an expensive and time-consuming process. The process requires special equipment, wh......
$4950

Phase Change Material Market by Type (Organic, Inorganic), Application (Building & Construction, HVAC, Cold Chain & Packaging, Thermal Energy Storage, Textile, Electronics), Region – Global Forecast to 2025

 “Global phase change material (PCM) market projected to register a CAGR of 16.0%, in terms of value, during the forecast period.” The global phase change material market is expected to reach USD 889 million by 2025 from USD 423 million in 2020, at a CAGR of 16.0% from 2020 to 2025. The growth is primarily due to the growing demand for energy efficient products in various sectors. In addition, its demand from various application segments such as building & construction, HVAC, cold chain & packaging, thermal energy storage, textiles, and electronics among others. The factors restraining the growth of this market is lack of awareness about PCM and lack of government subsidies. “Inorganic PCM to be the fastest-growing type during the forecast period. “ Inorganic PCM ......
$4950

Greenhouse Film Market by Resin Type (LDPE, LLDPE, EVA), Thickness (80 to 150 Microns, 150 to 200 Microns, More than 200 Microns), Width (4.5M, 5.5 M, 7M, 9M), and Region (APAC, Europe, North America, South America, MEA) – Global Forecast to 2025

“The greenhouse film market is projected to register a CAGR of 10.3% between 2020 and 2025.” The global greenhouse film market size is projected to grow from USD 6.4 billion in 2020 to USD 10.4 billion by 2025, at a CAGR of 10.3% between 2020 and 2025. APAC is estimated to be the largest consumer of greenhouse film. Global focus on increasing agricultural output, increased demand for greenhouse-cultivated crops, and growth in areas for greenhouse-protected cultivation are the key driving factors for the market. “LDPE resin segment is estimated to be the largest segment of the greenhouse film market.” LDPE resin segment is expected to lead the overall greenhouse film market in terms of value, between 2020 and 2025. The vital features of LDPE that make it suitable for use in......
$4950

Antimicrobial Plastics Market by Type (Commodity Plastics, Engineering Plastics, and High Performance Plastics), Application (Packaging, Automotive, Consumer Goods, Medical and Healthcare, and Building & Construction), Region – Global Forecast to 2025

 “Consumer awareness pertaining to the importance of antimicrobial plastics is driving the overall antimicrobial plastics market” The antimicrobial plastics market size is estimated to grow from USD 36.9 billion in 2020 to USD 59.8 billion by 2025, at a CAGR of 10.1%. Consumer awareness about health-related issues is growing due to the increasing number of cases of nosocomial infections and epidemic outbreaks of life-threatening diseases such as H5N1 Avian influenza, H1N1 Swine flu, and COVID-19 in recent times. This has resulted in increasing demand from various sectors such as healthcare and medical for antimicrobial plastics due to their high antimicrobial activity, hardness, durability, and transparency. They are also used in non-toxic plastic equipment. The growing demand for ......
$4950

PTFE Membrane Market by Type (Hydrophobic and Hydrophilic), Application (Industrial Filtration, Medical & Pharmaceutical, Textiles, Water & Wastewater Treatment, Architecture), and Region – Global Forecast to 2025

“The PTFE membranes market is projected to register a CAGR of 6.0%, in terms of value, between 2020 and 2025.” The PTFE membranes market size is projected to reach USD 2.41 billion by 2025 at a CAGR of 6.0%. The growing demand from oil & gas industries and stringent regulations pertaining to emission and waste treatment are the major drivers boosting the demand for PTFE memranes market globally. Furthermore, the market is growing globally due to the implementation of water and waste management programs. The rising demand for EPTFE membranes in microfiltration and veting applications  provides growth opportunities for manufacturers of PTFE membranes. However, high production cost of PTFE membranes and fluctuating oil & gas prices are the factors hindering the growth of the m......
$4950

CF & CFRP Market by Source (Virgin, Recycled), Precursor (PAN, Pitch, Rayon), Resin (Thermosetting, Thermoplastic), Manufacturing Process, End-use Industry, and Region – Global Forecast to 2025

“The CF & CFRP market is projected to register a CAGR of 12.4% during the forecast period.” The global CF & CFRP market size is projected to grow from USD 17.5 billion in 2020 to USD 31.5 billion by 2025, at a CAGR of 12.4% during the same period. The CF & CFRP materials offer exceptional properties, such as low weight, stiffness, strength, tenacity, density, thermal & electrical conductivity, fatigue, and corrosion resistance. Owing to these outstanding properties, conventional materials, such as aluminum and steel, are less preferred in high-performance applications in various end-use industries, including aerospace & defense, wind energy, sporting goods, and among others. However, the global pandemic disease COVID-19 has forced the composite component manufact......
$4950

Waterproofing Membranes Market by Raw Material, Type (Liquid Applied, Sheet Based), Usage (New Construction, Refurbishment), Application (Building Structure, Roofing, Roadways, Waste & Water Management, Walls), and Region- Global Forecast to 2025

“The waterproofing membranes market is projected to register a CAGR of 5.4%, in terms of value, between 2020 and 2025.” The global waterproofing membranes market size is estimated at USD 33.5 billion in 2020 and is projected to reach USD 38.8 billion by 2025, at a CAGR of 5.4%. The demand for waterproofing membranes in APAC, the Middle East & Africa, and South America, is increasing due to economic development, urbanization, and industrialization in these developing regions. The market is growing globally due to the implementation of water and waste management programs. The rising demand for environment-friendly waterproofing membranes provides growth opportunities for manufacturers. However, volatility in raw material prices is hindering the growth of the market. Chemistries us......
$4950

Breathable Films Market by Type (Polyethylene, Polypropylene, Polyurethane), End-Use Industry (Hygiene, Medical, Food Packaging, Construction, Fabric), and Region (North America, South America, Europe, APAC, ME&A) – Global Forecast to 2025

“Breathable films market expected to register CAGR of 8.2% during forecast period” The breathable films market is estimated to be USD 2.4 billion in 2020 and is projected to reach USD 3.6 billion by 2025, at a CAGR of 8.2% between 2020 to 2025. Breathable films are thin, microporous, or monolithic films that are impervious to liquids (water/blood) but permeable to gases (water vapor). Increasing penetration of hygiene products such as baby diapers, sanitary napkins, and adult incontinence products in the developing countries and increased consumption of premium hygiene products in the developed countries is expected to driver the global breathable films market during the forecast period. High cost of breathable films than conventional films is the major restraint of the global breat......
$4950

Fiberglass Market by Glass Type (E-Glass, ECR-Glass, H-Glass, S-Glass, AR-Glass), Resin Type, Product Type (Glass Wool, Direct & Assembled Roving, Yarn, Chopped Strand), Application (Composites, Insulation) and Region – Global Forecast to 2025

 “E-glass, glass type segment of the fiberglass market has the promising growth potential due to beneficial properties of E-glass” The fiberglass market is estimated to grow from USD 11.5 billion in 2020 to USD 14.3 billion by 2025, at a CAGR of 4.5% from 2020 to 2025. Factors such as extensive use of fiberglass in the construction & infrastructure industry and the increased use of fiberglass composites in the automotive industry are driving the growth of fiberglass market. Factors such as, cost-efficiency, corrosion-resistance, and lightweight, as well as wide-ranging applications of E-glass,  makes it preferable wind energy, marine, and electrical & electronics industries. “Thermoset resins are estimated to lead the fiberglass market, by resin type in terms of va......
$4950
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy