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A refractory is a material that is resilient to decomposition by pressure, heat, or chemical attack, and retains strength and it forms at high temperature. Refractories are inorganic, heterogeneous, polyphase, inorganic, non-metallic and porous material which are typically composed of carbides or oxides, nitrides etc. Refractories are ceramic materials designed to withstand the very high temperatures above 1,000°F (538°C) which has encountered in modern manufacturing. They are used to line the hot surfaces found inside several industrial processes.
The report aims to offer a comprehensive perspective on the Refractories Market 2029. It offers an industry overview, encompassing market growth analysis from both historical and futuristic perspectives, focusing on key parameters such as revenue, demand, and supply data where applicable. The study provides regional estimates, forecasts, and trend analysis for numerous countries, including the U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxembourg, and the rest of Europe, as well as Japan, China, South Korea, India, Australia, New Zealand, Singapore, Thailand, Malaysia, Indonesia, the Philippines, and the rest of Asia-Pacific. Additionally, it covers Brazil, Argentina, the rest of South America, UAE, Saudi Arabia, Egypt, Israel, South Africa, and the rest of the Middle East and Africa, among others. The report also addresses the impact of COVID-19 and provides forecasts for post-COVID-19 recovery.
Data Bridge Market Research analyses that the refractories market was valued at USD 24.19 billion in 2021 and is expected to reach USD 33.75 billion by 2029, registering a CAGR of 4.25 % during the forecast period of 2022 to 2029.
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Global Refractories Market Prominent Players:
RHI Magnesita (Austria), Corning Incorporated (US), Morgan Advanced Materials (UK), SHINAGAWA REFRACTORIES CO., LTD. (Japan), Saint-Gobain (France), Krosaki Harima Corporation (Japan), CoorsTek Inc. (US), Calderys (France), Vesuvius (UK), Shinagawa Refractories Co. Ltd. (Japan), HarbisonWalker International (US) Chosun Refractories Eng. Co. Ltd. (South Korea), Refratechnik.(Germany), Imerys (US), IFGL Refractories Ltd. (India), Dalmia Bharat Group (India), Lanexis Enterprises (P) Ltd (India), Tokai Ceramics Co., Ltd. (Japan), among others.
Global Refractories Market Scope:
Alkalinity
Form Type
Product Type
Fusion Temperature
Technology
Application
Regional Insights:
Asia-Pacific dominates the refractories market in terms of revenue and market share during the forecast period. This is due to the growing demand for refractories in this region. The Asia-Pacific region leads the Refractories market, with China leading the way in terms of increasing production and consumption and due to the huge population that creates a huge demand for steel in automotive industry and building for the acidic and neutral refractories in this region. During the projected period, Europe is anticipated to be the fastest developing region owing to the increasing demand for non-metal and metal castings in heavy equipment for the acidic and neutral refractories in this region.
Browse Report Description:
https://www.databridgemarketresearch.com/reports/global-refractories-market?Pradip
Table of Content of Refractories Market:
1: Introduction, market driving force product Objective of Study, and Research Scope of the Global Refractories market.
2: Exclusive Summary – the basic information of the Global Refractories Market.
3: Changing Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Global Refractories; Post COVID Analysis.
4: Presenting the Global Refractories Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
5: Displaying the by Type, End User and Region/Country.
6: Evaluating the leading manufacturers of the Global Refractories Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile.
7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions.
… To be continued
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