The refractory materials market for the steel industry is expected to grow by 5066.81 thousand tons from 2020 to 2025 at a CAGR of 3.36% as per the latest report by Technavio.
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Read the 120-page report with TOC on "Refractory Materials Market for Steel Industry Analysis Report by Type (brick and monolithic) and Geography (APAC, Europe, North America, South America, and MEA), and the Segment Forecasts,2021-2025". Gain competitive intelligence about market leaders. Track key industry opportunities, trends and threats. Information on marketing, brand, strategy and market development, sales, and supply functions. https://www.technavio.com/report/report/refractory-materials-market-for-steel-industry-market-industry-analysis
The refractory materials market share growth for the steel industry by the brick segment for revenue generation. The most familiar shape is the rectangular brick, which is extensively used in the steel industry, especially in furnace-lining applications. For certain applications, such as kilns and furnaces, bricks with special shapes and dimensions are used and are generally hand-molded.
Some of the key Refractory Materials for Steel Industry Players:
The refractories market for the steel industry is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- Compagnie de Saint-Gobain SA
- CoorsTek Inc.
- HarbisonWalker International Inc.
- Imerys S.A.
- Krosaki Harima Corp.
- Magnezit Group
- Minerals Technologies Inc.
- Morgan Advanced Materials Plc
- Refratechnik Holding GmbH
- RHI Magnesita GmbH
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Refractory Materials Market For Steel Industry Type Outlook (Revenue, USD thousand tons, 2020-2025)
- Brick - size and forecast 2020-2025
- Monolithic - size and forecast 2020-2025
Refractory Materials Market For Steel Industry Geography Outlook (Revenue, USD thousand tons, 2020-2025)
- APAC - size and forecast 2020-2025
- Europe - size and forecast 2020-2025
- North America - size and forecast 2020-2025
- South America - size and forecast 2020-2025
- MEA - size and forecast 2020-2025
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Refractory Materials Market For Steel Industry Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.36% |
Market growth 2021-2025 |
5066.81 th tons |
Market structure |
Fragmented |
YoY growth (%) |
3.14 |
Regional analysis |
APAC, Europe, North America, South America, and MEA |
Performing market contribution |
APAC at 74% |
Key consumer countries |
China, India, Japan, Russian Federation, US, and South Korea (Republic of Korea) |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Compagnie de Saint-Gobain SA, CoorsTek Inc., HarbisonWalker International Inc., Imerys S.A., Krosaki Harima Corp., Magnezit Group, Minerals Technologies Inc., Morgan Advanced Materials Plc, Refratechnik Holding GmbH, and RHI Magnesita GmbH |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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SOURCE Technavio
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