Global Refractory Materials Market By Overview
Refractory Materials Market was valued at US$ 23.7 Billion in 2024 and is projected to grow at a CAGR of 6.40% to reach US$ 41.8 Billion by 2034.
Prophecy Market Insights has recently published its insights on “Refractory materials Market” for the forecast period of 2024-2034. The market is segmented By Type (Common Refractory Material, Advanced Refractory Materials, and Super refractory Materials), By Application (Chemical and Material, Construction, and Machinery and Equipment), and By Region
Rise in the infrastructural projects in developing countries is the major factor for the growth of the global market. Also, increase in the awareness about environmental issues among people is also boosting the growth of the global market. In addition, government and environmental agencies are laying down guidelines for usage and disposable of refractories which is anticipated to boost the target market growth in the upcoming years. However, China is the main exporter for raw materials of refractories which is the major factor restraining the growth of the global market.
North America to grow at the highest CAGR during the forecast period
Asia-Pacific has the largest market and is expected to dominate the global market over the forecast period due to rise in the population and r &d activities in this region.
The research scope provides comprehensive market size, and other in-depth market information details such as, market growth supporting factors, restraining factors, trends, opportunities, market risk factors, market competition, product and services advancements and launches, product/services related regulations overview, and recent developments for the mentioned forecast period. In addition, the report provides key examination of market players operating in the specific market and analysis and outcomes related with the target market for more than 20 countries.
In the current research scope 2023 is considered as base year and 2024 is estimated year for market value/volume calculations. The report offers market estimates for the forecast period – 2024 to 2034. The report provides factual inputs and analysis based on primary and secondary research, which includes insights gained through in-depth interviews with primary research participants. Also, the data is gathered from authentic secondary sources and is verified by key opinion leaders in the target market. The in-house research is applied on gathered information to provide more accurate data points and reduce the margin of error. The in-house research and analysis efforts include various tools and 360o data analysis methodology.
Refractory materials market report segments the market on the basis of type, application, and region.
The report expected to answer various target market related questions and offers insights on:
- Definition, description, overview of market growth influencing factors, and forecast for the target market
- Scope for related market in the forecast period
- Analysis and outcome for the refractory materials market by segment and region followed by countries
- Market segmentation, dominating segment and region followed by country along with market value, share, Y-o-Y growth, CAGR, forecast, and contribution in the market
- Key market player profiles, their recent developments, strategies, financial details, key competencies, presence by region, and product portfolio
- Valuable insights, data, and forecast that can be referenced to plan business strategies, to tap market opportunities, understand business related risks, derive business goals, to recognize trends, and understand target customers/end users
- Insights on recent technologies, pipeline products, regulations related with target market, market investment, and offers insights on political and economical factors that may influence market growth
- PEST Analysis, PORTER’s five forces analysis, opportunity map analysis, drivers and restraints impact analysis, and market attractiveness index
Competitive Analysis
Advancements in the product as well as in manufacturing process, product launches, and strategic partnerships are some trends witnessed in the refractory materials market. Key players have adopted mergers & acquisitions and new product developments to strengthen their positions in the refractory materials market.
- RHI Magnesita
- Krosaki Harima Corporation
- Compagnie de Saint-Gobain S.A.
- Shinagawa Refractories
- Calderys Refractories Limited
- Morgan Advanced Materials plc
- Minerals Technologies Inc.
- Qinghua Refractories
- HarbisonWalker International
- IFGL Refractories Limited
Prophecy Market Insights offers required customization on this report according to specific business requirements.
Global Refractory Materials Market By Table of Contents
Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
Market Segmentation, By Type, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Common Refractory Material
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Advanced Refractory Materials
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Super refractory Materials
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Application, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Chemical and Material
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Construction
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Machinery and Equipment
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East
Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
Company Profiles
- RHI Magnesita
- Company Overview
- Technology Portfolio
- Key Highlights
- Financial PerTechnologyance
- Business Strategies
- Krosaki Harima Corporation
- Company Overview
- Technology Portfolio
- Key Highlights
- Financial PerTechnologyance
- Business Strategies
- Compagnie de Saint-Gobain S.A.
- Company Overview
- Technology Portfolio
- Key Highlights
- Financial PerTechnologyance
- Business Strategies
- Shinagawa Refractories
- Company Overview
- Technology Portfolio
- Key Highlights
- Financial PerTechnologyance
- Business Strategies
- Calderys Refractories Limited
- Company Overview
- Technology Portfolio
- Key Highlights
- Financial PerTechnologyance
- Business Strategies
- Morgan Advanced Materials plc
- Company Overview
- Technology Portfolio
- Key Highlights
- Financial PerTechnologyance
- Business Strategies
- Minerals Technologies Inc.
- Company Overview
- Technology Portfolio
- Key Highlights
- Financial PerTechnologyance
- Business Strategies
- Qinghua Refractories
- Company Overview
- Technology Portfolio
- Key Highlights
- Financial PerTechnologyance
- Business Strategies
- HarbisonWalker International
- Company Overview
- Technology Portfolio
- Key Highlights
- Financial PerTechnologyance
- Business Strategies
- IFGL Refractories Limited
- Company Overview
- Technology Portfolio
- Key Highlights
- Financial PerTechnologyance
- Business Strategies
The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Refractory Materials Market is segmented into Type, Application, and Region.
The Refractory Materials Market is driven by several factors, including the growth in industries such as steel, cement, glass, and non-ferrous metals. Key factors include the increasing demand for high-performance refractory materials in the construction and maintenance of industrial furnaces, kilns, and other high-temperature processes.
Potential restraints may include challenges related to the volatility of raw material prices, competition from alternative materials, and variations in demand from end-use industries.
Asia-Pacific, Europe, and North America, have been prominent markets. The dominance of a region depends on factors such as the scale of industrial activities, infrastructure development, and the overall economic landscape.
RHI Magnesita, Krosaki Harima Corporation, Compagnie de Saint-Gobain S.A., Shinagawa Refractories, Calderys Refractories Limited Morgan Advanced Materials plc Minerals Technologies Inc. Qinghua Refractories, HarbisonWalker International, IFGL Refractories Limited,