Transparent Ceramics Market Trends, Analysis & Forecast, 2019 – 2025

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Refractories Market Trends Research and
Projections for 2019 - 2025
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Global Market Scenario of Refractories Industry

• According to a new research report by Global
  Market Insights, Inc. Refractories Market is
  poised to surpass USD 41 billion by 2025.
• Refractories are materials which are composed
  from thermally stable minerals and a binder
  phase. They are heterogenous and porous in nature
  and can withstand extreme temperature in excess
  of 1,5000C, without undergoing any structural
  changes while maintaining contact with molten
  slag and metals.
• Refractories are extensively used for industrial
  processes, where they perform various functions
  such as a barrier for molten slag and the
  containing medium. They provide physical
  protection and reduce erosion of surface by
  keeping the medium circulated. They prevent
  chemical corrosion and ensure heat retention.
• Monolithic refractories market is expected to
  witness gain of 3.9 by 2025. Monolithic are
  generally called unformed refractories which
  includes mortars, gunning mixes, castable
  (refractory concrete), ramming mixes, and
  plastics. These products are cured in place to
  form a monolithic, internal structure after
  application. They are generally used in cement,
  glass and ceramic industries.

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• Steel demand in China, which accounts for around
  45 of global steel demand, showed significant
  growth in 2016. In the ASEAN (Association of
  Southeast Asian Nations) region, steel demand
  during 2017 recorded slight growth in steel
  production. Thailand and Vietnam accounts for
  about 54 of steel demand in ASEAN.
• Growth in infrastructure sector is likely to rise
  in Indonesia, the Philippines and Vietnam due to
  state funded infrastructure projects. With
  growing infrastructure industry, the demand for
  refractories will also grow due to their
  indispensable usage in iron steel furnace.
  Emission of particulate matter and volatile
  organic compounds have detrimental effect on
  health. This will slow down the growth for
  refractories market size for the projected time
  period.
• However, product recovery cyclone followed by wet
  scrubbers can effectively limit the emission of
  particulate matter in the environment. Along with
  this use of fabric filter and baghouses to
  control VOCs emission will boost the refractories
  market for refractories.

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Request for sample copy of this research report_at_
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360 Industry Analysis

• Based on composition, refractories market is
  segmented into clay-based and nonclay-based. The
  market size for nonclay-based refractories was
  over USD 14 billion in 2018. Nonclay based
  refractories are starting material which includes
  carbonates or oxides of metals such as zirconium,
  aluminum and magnesium. They are mostly produced
  as brick and pressed shapes, though some
  magnesite-chrome and alumina materials are
  fuse-cast into molds.
• Based on type, refractories market is segmented
  into acidic, basic, and neutral. The basic
  segment for refractories is anticipated to gain
  more than 3.5 by 2025. Basic refractories are
  harmed by acidic slags, but are stable to dusts,
  fumes, and alkaline slags at an elevated
  temperature. They are stable with alkaline slags
  and thus are preferred for furnace linings in
  alkaline environment.
• Based on manufacturing process, refractories
  market is segmented into dry press process, fused
  cast, hand molded, formed, unformed. The dry
  press process segment was worth USD 7.5 Billion
  in 2018.
•  

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Industry Background
Complete table of contents_at_https//bit.ly/2YH062A

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• Competitive Analysis
• Some of the key players in refractories market
  are RHI Magnesita, Krosaki Harima Corporation,
  Vesuvius PLC, Shinagawa refractories Co., Ltd.,
  Saint-Gobain, Morgan Advanced Materials, CoorsTek
  Inc., HarbisonWalker International, Imerys, etc.

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Latest Research Report On Refractories
Market_at_ https//bit.ly/2XYZicB Request for
sample of this research report_at_
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customization https//bit.ly/2JtlJxd
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