Refractory Materials Market will Accelerate at a CAGR of Almost 4%|Market Insights and Forecasts|Technavio
NEW YORK, April 20, 2021 /PRNewswire/ --
The refractory materials market is set to grow by 9.23 million MT, progressing at a CAGR of almost 4% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ArcelorMittal SA, Compagnie de Saint-Gobain SA, CoorsTek Inc., HarbisonWalker International Inc., Imerys SA, Krosaki Harima Corp., Morgan Advanced Materials Plc, Refratechnik Holding GmbH, RHI Magnesita GmbH, and Vesuvius Plc are some of the major market participants. Although the increasing production capacity developments in steel industry will offer immense growth opportunities, to leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Refractory Materials Market 2021-2025: Segmentation
The refractory materials market is segmented as below:
- Type
o Clay and Others
o Non-clay - Application
o Iron And Steel
o Non-metallic Materials
o Non-ferrous Metals
o Others - Geography
o APAC
o Europe
o North America
o The Middle East and Africa
o South America
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Refractory Materials Market 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, the refractory materials market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include ArcelorMittal SA, Compagnie de Saint-Gobain SA, CoorsTek Inc., HarbisonWalker International Inc., Imerys SA, Krosaki Harima Corp., Morgan Advanced Materials Plc, Refratechnik Holding GmbH, RHI Magnesita GmbH, and Vesuvius Plc.
The report also covers the following areas:
- Refractory Materials Market size
- Refractory Materials Market trends
- Refractory Materials Market industry analysis
The increasing production capacity development in the steel industry is likely to emerge as one of the primary drivers of the market. However, fluctuation in cost of refractory raw materials and high energy consumption may threaten the growth of the market.
Backed with competitive intelligence and benchmarking, our research reports on the refractory materials market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
Related Reports on Materials Include:
Global Advanced Functional Materials Market- The advanced functional materials market is segmented by type (composites, ceramics, energy materials, nanomaterials, and conductive polymers) and geography (APAC, North America, Europe, South America, and the Middle East and Africa). Download FREE Sample Report
Global Thermochromic Materials Market- The thermochromic materials market is segmented by application (pigments, thermometers, food quality indicators, papers, and others), geography (North America, APAC, Europe, South America, and the Middle East and Africa), and key vendors. Download FREE Sample Report
Refractory Materials Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist refractory materials market growth during the next five years
- Estimation of the refractory materials market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the refractory materials market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of refractory materials market vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Iron and steel - Market size and forecast 2020-2025
- Non-metallic materials - Market size and forecast 2020-2025
- Non-ferrous metals - Market size and forecast 2020-2025
- Others - Market size and forecast 2020-2025
- Market opportunity by Application
Market Segmentation by Type
- Market segments
- Comparison by Type
- Clay and others - Market size and forecast 2020-2025
- Non-clay - Market size and forecast 2020-2025
- Market opportunity by Type
Market Segmentation by Form
- Market segments
- Comparison by Form
- Shaped - Market size and forecast 2020-2025
- Monolithic - Market size and forecast 2020-2025
- Market opportunity by Form
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- The Middle East and Africa - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- ArcelorMittal SA
- Compagnie de Saint-Gobain SA
- CoorsTek Inc.
- HarbisonWalker International Inc.
- Imerys SA
- Krosaki Harima Corp.
- Morgan Advanced Materials Plc
- Refratechnik Holding GmbH
- RHI Magnesita GmbH
- Vesuvius Plc
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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