Refractories Market Size to Hit USD 51.46 Bn By 2033

The global Refractories market size was estimated to be around US$ 32.98 billion in 2023 and is projected to reach US$ 51.46 billion by 2033, indicating a CAGR of 4.60% from 2023 to 2033.

Key Takeaways

• Asia Pacific contributed more than 49.28% of the market share in 2023.
• North America is estimated to expand the fastest CAGR between 2024 and 2033.
• By form, the bricks & shaped segment has held the largest market share of 55% in 2023.
• By form, the monolithic & unshaped segment is anticipated to grow at a remarkable CAGR of 5.8% between 2024 and 2033.
• By product, the clay segment generated over 66% of the market share in 2023.
• By product, the non-clay segment is expected to expand at the fastest CAGR over the projected period.
• By alkalinity, the basic segment generated over 59% of the market share in 2023.
• By alkalinity, the acidic & neutral segment is expected to expand at the fastest CAGR over the projected period.
• By end-use industry, the iron & steel segment generated over 36% of market share in 2023.
• By end-use industry, the cement segment is expected to expand at the fastest CAGR over the projected period.

The market research report on the Refractories market provides a comprehensive analysis of various key aspects. It includes the definition, classification, and application of Refractories products. The report examines the development trends, competitive landscape, and industrial chain structure within the industry. Furthermore, it presents an overview of the industry, analyzes national policies and planning, and offers insights into the latest market dynamics and opportunities at a global level.

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Refractories Market Scope

Read More: Sequencing Consumables Market Size to Reach USD 50.75 Bn By 2033

The report presents the volume and value-based market size for the base year 2022 and forecasts the market’s growth between 2023 and 2032. It estimates market numbers based on product form and application, providing size and forecast for each application segment in both global and regional markets.

Focusing on the global Refractories market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the Refractories market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.

Regarding production, the report investigates the capacity, production, value, ex-factory price, growth rate, and market share of major manufacturers, regions, and product types. On the consumption side, the report focuses on the regional consumption of Refractories products across different countries and applications.

Buyers of the report gain access to verified market figures, including global market size in terms of revenue and volume. The report provides reliable estimations and calculations for global revenue and volume by product type from 2023 to 2032. It also includes accurate figures for production capacity and production by region during the same period.

The research includes product parameters, production processes, cost structures, and data classified by region, technology, and application. Furthermore, it conducts SWOT analysis and investment feasibility studies for new projects.

This in-depth research report offers valuable insights into the Refractories market. It employs an objective and fair approach to analyze industry trends, supporting customer competition analysis, development planning, and investment decision-making. The project received support and assistance from technicians and marketing personnel across various links in the industry chain.

The competitive landscape section of the report provides detailed information on Refractories market competitors. It includes company overviews, financials, revenue generation, market potential, research and development investments, new market initiatives, global presence, production sites, production capacities, strengths and weaknesses, product launches, product range, and application dominance. However, the data points provided only focus on the companies’ activities related to the Refractories market.

Prominent players in the market are expected to face tough competition from new entrants. Key players are targeting acquisitions of startup companies to maintain their dominance. The report

Reasons to Purchase this Report:

• Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
• In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
• Market size in USD million and volume in million units provided for each segment and sub-segment.
• Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
• Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.

Refractories Market Companies

• INTOCAST AG
• RHI Magnesita
• Plibrico Company, LLC
• EXUS Refractories S.p.A
• Pyrol
• Redline Industries, Inc.
• Saint-Gobain
• HarbisonWalker International
• Vesuvius plc
• Morgan Advanced Materials
• Shinagawa Refractories Co., Ltd.
• Resco Products, Inc.
• Calderys
• Krosaki Harima Corporation
• Imerys Group

Segments covered in the report

By Form

• Bricks & Shaped
• Monolithic & Unshaped

By Product

• Clay
• Non-Clay
• By Alkalinity:
• Acidic & Neutral
• Basic

By End-Use Industry

• Iron & Steel
• Non-Ferrous Metals
• Glass
• Cement
• Others

By Geography

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Refractories Market 

5.1. COVID-19 Landscape: Refractories Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Refractories Market, By Form

8.1. Refractories Market Revenue and Volume Forecast, by Form, 2024-2033

8.1.1. Bricks & Shaped

8.1.1.1. Market Revenue and Volume Forecast (2021-2033)

8.1.2. Monolithic & Unshaped

8.1.2.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 9. Global Refractories Market, By Product

9.1. Refractories Market Revenue and Volume Forecast, by Product, 2024-2033

9.1.1. Clay

9.1.1.1. Market Revenue and Volume Forecast (2021-2033)

9.1.2. Non-Clay

9.1.2.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 10. Global Refractories Market, By Alkalinity 

10.1. Refractories Market Revenue and Volume Forecast, by Alkalinity, 2024-2033

10.1.1. Acidic & Neutral

10.1.1.1. Market Revenue and Volume Forecast (2021-2033)

10.1.2. Basic

10.1.2.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 11. Global Refractories Market, By End-Use 

11.1. Refractories Market Revenue and Volume Forecast, by End-Use, 2024-2033

11.1.1. Iron & Steel

11.1.1.1. Market Revenue and Volume Forecast (2021-2033)

11.1.2. Non-Ferrous Metals

11.1.2.1. Market Revenue and Volume Forecast (2021-2033)

11.1.3. Glass

11.1.3.1. Market Revenue and Volume Forecast (2021-2033)

11.1.4. Cervical

11.1.4.1. Market Revenue and Volume Forecast (2021-2033)

11.1.5. Cement

11.1.5.1. Market Revenue and Volume Forecast (2021-2033)

11.1.6. Others

11.1.6.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 12. Global Refractories Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Volume Forecast, by Form (2021-2033)

12.1.2. Market Revenue and Volume Forecast, by Product (2021-2033)

12.1.3. Market Revenue and Volume Forecast, by Alkalinity (2021-2033)

12.1.4. Market Revenue and Volume Forecast, by End-Use (2021-2033)

12.1.5. U.S.

12.1.5.1. Market Revenue and Volume Forecast, by Form (2021-2033)

12.1.5.2. Market Revenue and Volume Forecast, by Product (2021-2033)

12.1.5.3. Market Revenue and Volume Forecast, by Alkalinity (2021-2033)

12.1.5.4. Market Revenue and Volume Forecast, by End-Use (2021-2033)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Volume Forecast, by Form (2021-2033)

12.1.6.2. Market Revenue and Volume Forecast, by Product (2021-2033)

12.1.6.3. Market Revenue and Volume Forecast, by Alkalinity (2021-2033)

12.1.6.4. Market Revenue and Volume Forecast, by End-Use (2021-2033)

12.2. Europe

12.2.1. Market Revenue and Volume Forecast, by Form (2021-2033)

12.2.2. Market Revenue and Volume Forecast, by Product (2021-2033)

12.2.3. Market Revenue and Volume Forecast, by Alkalinity (2021-2033)

12.2.4. Market Revenue and Volume Forecast, by End-Use (2021-2033)

12.2.5. UK

12.2.5.1. Market Revenue and Volume Forecast, by Form (2021-2033)

12.2.5.2. Market Revenue and Volume Forecast, by Product (2021-2033)

12.2.5.3. Market Revenue and Volume Forecast, by Alkalinity (2021-2033)

12.2.5.4. Market Revenue and Volume Forecast, by End-Use (2021-2033)

12.2.6. Germany

12.2.6.1. Market Revenue and Volume Forecast, by Form (2021-2033)

12.2.6.2. Market Revenue and Volume Forecast, by Product (2021-2033)

12.2.6.3. Market Revenue and Volume Forecast, by Alkalinity (2021-2033)

12.2.6.4. Market Revenue and Volume Forecast, by End-Use (2021-2033)

12.2.7. France

12.2.7.1. Market Revenue and Volume Forecast, by Form (2021-2033)

12.2.7.2. Market Revenue and Volume Forecast, by Product (2021-2033)

12.2.7.3. Market Revenue and Volume Forecast, by Alkalinity (2021-2033)

12.2.7.4. Market Revenue and Volume Forecast, by End-Use (2021-2033)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Volume Forecast, by Form (2021-2033)

12.2.8.2. Market Revenue and Volume Forecast, by Product (2021-2033)

12.2.8.3. Market Revenue and Volume Forecast, by Alkalinity (2021-2033)

12.2.8.4. Market Revenue and Volume Forecast, by End-Use (2021-2033)

12.3. APAC

12.3.1. Market Revenue and Volume Forecast, by Form (2021-2033)

12.3.2. Market Revenue and Volume Forecast, by Product (2021-2033)

12.3.3. Market Revenue and Volume Forecast, by Alkalinity (2021-2033)

12.3.4. Market Revenue and Volume Forecast, by End-Use (2021-2033)

12.3.5. India

12.3.5.1. Market Revenue and Volume Forecast, by Form (2021-2033)

12.3.5.2. Market Revenue and Volume Forecast, by Product (2021-2033)

12.3.5.3. Market Revenue and Volume Forecast, by Alkalinity (2021-2033)

12.3.5.4. Market Revenue and Volume Forecast, by End-Use (2021-2033)

12.3.6. China

12.3.6.1. Market Revenue and Volume Forecast, by Form (2021-2033)

12.3.6.2. Market Revenue and Volume Forecast, by Product (2021-2033)

12.3.6.3. Market Revenue and Volume Forecast, by Alkalinity (2021-2033)

12.3.6.4. Market Revenue and Volume Forecast, by End-Use (2021-2033)

12.3.7. Japan

12.3.7.1. Market Revenue and Volume Forecast, by Form (2021-2033)

12.3.7.2. Market Revenue and Volume Forecast, by Product (2021-2033)

12.3.7.3. Market Revenue and Volume Forecast, by Alkalinity (2021-2033)

12.3.7.4. Market Revenue and Volume Forecast, by End-Use (2021-2033)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Volume Forecast, by Form (2021-2033)

12.3.8.2. Market Revenue and Volume Forecast, by Product (2021-2033)

12.3.8.3. Market Revenue and Volume Forecast, by Alkalinity (2021-2033)

12.3.8.4. Market Revenue and Volume Forecast, by End-Use (2021-2033)

12.4. MEA

12.4.1. Market Revenue and Volume Forecast, by Form (2021-2033)

12.4.2. Market Revenue and Volume Forecast, by Product (2021-2033)

12.4.3. Market Revenue and Volume Forecast, by Alkalinity (2021-2033)

12.4.4. Market Revenue and Volume Forecast, by End-Use (2021-2033)

12.4.5. GCC

12.4.5.1. Market Revenue and Volume Forecast, by Form (2021-2033)

12.4.5.2. Market Revenue and Volume Forecast, by Product (2021-2033)

12.4.5.3. Market Revenue and Volume Forecast, by Alkalinity (2021-2033)

12.4.5.4. Market Revenue and Volume Forecast, by End-Use (2021-2033)

12.4.6. North Africa

12.4.6.1. Market Revenue and Volume Forecast, by Form (2021-2033)

12.4.6.2. Market Revenue and Volume Forecast, by Product (2021-2033)

12.4.6.3. Market Revenue and Volume Forecast, by Alkalinity (2021-2033)

12.4.6.4. Market Revenue and Volume Forecast, by End-Use (2021-2033)

12.4.7. South Africa

12.4.7.1. Market Revenue and Volume Forecast, by Form (2021-2033)

12.4.7.2. Market Revenue and Volume Forecast, by Product (2021-2033)

12.4.7.3. Market Revenue and Volume Forecast, by Alkalinity (2021-2033)

12.4.7.4. Market Revenue and Volume Forecast, by End-Use (2021-2033)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Volume Forecast, by Form (2021-2033)

12.4.8.2. Market Revenue and Volume Forecast, by Product (2021-2033)

12.4.8.3. Market Revenue and Volume Forecast, by Alkalinity (2021-2033)

12.4.8.4. Market Revenue and Volume Forecast, by End-Use (2021-2033)

12.5. Latin America

12.5.1. Market Revenue and Volume Forecast, by Form (2021-2033)

12.5.2. Market Revenue and Volume Forecast, by Product (2021-2033)

12.5.3. Market Revenue and Volume Forecast, by Alkalinity (2021-2033)

12.5.4. Market Revenue and Volume Forecast, by End-Use (2021-2033)

12.5.5. Brazil

12.5.5.1. Market Revenue and Volume Forecast, by Form (2021-2033)

12.5.5.2. Market Revenue and Volume Forecast, by Product (2021-2033)

12.5.5.3. Market Revenue and Volume Forecast, by Alkalinity (2021-2033)

12.5.5.4. Market Revenue and Volume Forecast, by End-Use (2021-2033)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Volume Forecast, by Form (2021-2033)

12.5.6.2. Market Revenue and Volume Forecast, by Product (2021-2033)

12.5.6.3. Market Revenue and Volume Forecast, by Alkalinity (2021-2033)

12.5.6.4. Market Revenue and Volume Forecast, by End-Use (2021-2033)

Chapter 13. Company Profiles

13.1. INTOCAST AG

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. RHI Magnesita

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Plibrico Company, LLC

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. EXUS Refractories S.p.A

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Pyrol

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Redline Industries, Inc

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Saint-Gobain

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. HarbisonWalker International

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Vesuvius plc

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Morgan Advanced Materials

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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