© 2019 Global Market Insights, Inc. USA. All Rights Reserved Refractories Market Growth Outlook with Industry Review and Forecast
Global Market Scenario of Refractories Industry Refractories market is segmented into neutral, basic and acidic based on type. The acidic refractories are anticipated to gain more than 3% by Acidic refractories are attacked by basic slag. They are preferred where slag and atmosphere are acidic. Refractories market Refractories market is classified into monolithic, brick & shapes and others. Other refractories products are expected to gain close to 3% by Other refractory products include ceramic fibers and refractories raw materials used for manufacturing refractories inhouse. Ceramic fibers are lightweight, has high temperature stability and are thermal shock resistant. Refractories market is segmented into non-clay and clay-based refractories. The market for non-clay refractories is expected to gain more than 4% by Non-clay-based refractory is usually produced as pressed shape or bricks. However, in some case alumina and magnesite- chrome materials fused into molds. Raw materials used for producing non-clay-based refractories are carbonates and oxides of metals such as zirconium or magnesium. © 2019 Global Market Insights, Inc. USA. All Rights Reserved
According to manufacturing process, refractories market is divided into formed, dry press process, fused cast, hand molded, formed and unformed. In terms of revenue, hand molded refractories were valued over USD 1.5 billion in These refractories are handmade due to which they do not have smooth surface as compared to machine made refractories. End-user for refractories market is divided into non-ferrous metals, non-metallic, iron & steel and others. Refractories for non-ferrous metals are anticipated to gain more than 3.9% by Non-ferrous metals usually include aluminum and copper which require large quantity of refractory materials for its production. Continue:- © 2018 Global Market Insights, Inc. USA. All Rights Reserved
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European refractories market will see a growth more than 2.5% till This is due to moderate growth in non-metallic industry in the region which will boost demand for glass, cement and lime from several end-users such as automotive, aerospace, solar panels, etc. In Asian countries, government are focusing on infrastructure and are investing significant sums into fixed assets such as roads, ports, airports, energy and power. On the other hand, the outlook for property and commercial real estate is slightly positive. A healthy spread of construction related projects is supporting the stability in Asia Pacific. For instance, Thailand has recently launched infrastructure plan which will benefit from stable government as well as high public and private sector participation in the region. 360° Industry Analysis © 2019 Global Market Insights, Inc. USA. All Rights Reserved Request for customization:
Competitive Analysis: key players in refractories market are Imerys, HarbisonWalker International, RHI Magnesita, Morgan Advanced Materials, Vesuvius PLC, CoorsTek Inc., Krosaki Harima Corp., Resco Products, IFGL refractories ltd., Seven Refractories, etc. © 2018 Global Market Insights, Inc. USA. All Rights Reserved Make An Inquiry For Purchasing This
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