The refractories market is valued at $ +21 billion in 2019 and is expected is to reach $ +25 billion by 2026 with a CAGR of +2% during the forecast period.
Refractories are heat-resistant materials. In other words, it is a mineral that resists decomposition by heat, pressure, or chemical attack, and is most commonly applied to minerals that retain strength and shape at high temperatures. Refractories are “non-metallic materials with chemical and physical properties that can be applied to physical or system components that are exposed to surroundings above 1,000 ° F (811 K; 538 ° C)”. Refractories are used in furnaces, kilns, incinerators, and nuclear reactors.
Key players in Refractories Market: RHI AG, Magnesita, Vesuvius, Plibrico, Morgan Advanced Materials, Saint-Gobain, EKW REFRACTARIOS, Mckeown International, Refractarios Naucalpan, Piro, ZEDMEX, Sajuri, Refleon, RATSA, REFRATECHNIK MEXICO, ASC Mexico
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Report Consultant declares the addition of a new informative study titled “Refractories Market Report 2019-2026”. To obtain a complete analysis of existing business scenarios, researchers use industry-specific methodologies such as primary and secondary research to explore the global market. The macroeconomic and microeconomic factors of the global market are summarized.
Segmentation of Refractories Market:
- Shaped Refractories
- Unshaped Refractories
- Iron & Steel industry
- Cement industry
- Non-Ferrous metals industry
- Glass industry
The Refractories Market Report surveys several global regions to understand market demand and current market scenarios. It covers North America, Latin America, Asia Pacific, Middle East, Africa, and Europe. The growing needs of the chemical and material sector will increase demand for the refractories market during the forecast period.
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It also measures strategies applicable to the sustainable development of the refractories market. The degree of competition is also measured in the research report. In summary, this research report is aggregated based on various segments, providing the best solution for achieving business economic outcomes.
Important Key questions answered in Refractories Market report-
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- What will the market growth rate, Overview, and Analysis by Type of Refractories Market Market by 2026?
- What are the key driving factors, analysis by Applications and Countries for Market?
- What is the analysis of scope and price analysis of top key players’ profiles?
- What are the opportunities, risk and driving forces of the market?
- Who are the key providers? Business Overview by Type, Applications, Gross Margin and Market Share
- What are the opportunities and threats faced by the key players in the global market?
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