Global Refractory Materials Market for Steel Industry 2022-2028

About Refractory Materials
Refractory materials are inorganic, nonmetallic, porous, and heterogeneous materials with high melting points and other properties that enable their use as heat-resistant barriers between high and low-temperature zones. They are extensively used in constructing high-temperature areas, particularly in furnaces or boilers, as they minimize heat loss through the structure.

Technavio’s analysts forecast the global refractory materials market for steel industry to grow at a CAGR of 3.49% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global refractory materials market for steel industry for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of refractory materials.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Refractory Materials Market for Steel Industry 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Calderys
• Morgan Advanced Materials and its affiliates
• RHI Magnesita
• Saint-Gobain
• Vesuvius


Market driver
• Increasing demand for steel from the construction, infrastructure, automotive, and other sectors
• For a full, detailed list, view our report

Market challenge
• Fluctuation in the cost of refractory raw materials and high energy consumption
• For a full, detailed list, view our report

Market trend
• Rising popularity of monolithic refractories over shaped refractories
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?


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