Report Name: 2018-2023 Global Industrial Refractory Materials Consumption Market Report.
Global Industrial Refractory Materials market 2018-2023 report provides in-depth unique Insights with Manufacturers, Suppliers, Distributors, traders, Size, Share, Growth, Trends, Customers, Investors and major Types as well as Applications and Forecast period. The report provides a unique tool for evaluating the Overall Market, underlining opportunities, and supporting strategic and tactical decision-making.
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Overview of Industrial Refractory Materials market:
Refractories are heat-resistant materials that constitute the linings for high-temperature furnaces and reactors and other processing units. In addition to being resistant to thermal stress and other physical phenomena induced by heat, refractories must also withstand physical wear and corrosion by chemical agents. ASTM C71 defines refractories as non-metallic materials having those chemical and physical properties that make them applicable for structures, or as components of systems, that are exposed to environments above 1,000 °F (811 K; 538 °C).Steel and non-ferrous metals, glass, cement and energy such as electricity and gases are important factors necessary to support economic activities and social life. Manufacturer plays a key role as these cannot be produced without advanced refractories and related facilities.
In the future, global market is expected to witness significant growth on account of rising applications, so in the next few years, Industrial Refractory Materials production will show a trend of steady growth. In 2023 the production of Industrial Refractory Materials is estimated to be 50503.4 K MT. On product prices, the slow downward trend in recent years will maintain in the future.
Over the next five years, projects that Industrial Refractory Materials will register a 1.3% CAGR in terms of revenue, reach US$ 42500 million by 2023, from US$ 39300 million in 2017.
Top Key Players in Global Industrial Refractory Materials market:
Industrial Refractory Materials Production Breakdown Data by Top Region:
- United States (Canada, Mexico)
- Europe (Germany, France, UK, Italy, Russia, Spain)
- APAC (China, Japan, Korea, Australia)
- Africa (Egypt, Israel, Turkey)
The study objectives of this report are:
- To study and analyze the global Industrial Refractory Materials consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2018, and forecast to 2023.
- To understand the structure of Industrial Refractory Materials market by identifying its various sub segments.
Focuses on the key global Industrial Refractory Materials manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Industrial Refractory Materials with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Industrial Refractory Materials submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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By the product type, the Industrial Refractory Materials market is primarily split into:
By the end users/application, Industrial Refractory Materials market report covers the following segments:
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In the end, Industrial Refractory Materials market report undertakes the new project, key development areas, business overview, product specification, SWOT analysis, investment feasibility analysis, return analysis, and development trends. The study also presents a round-up of exposures which companies operating in the market and must be avoided in order to enjoy bearable growth through the course of the forecast period.
360 Research Reports
Mr. Ajay More
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