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Global Refractory Equipment Market 2017-2021

Global Refractory Equipment Market 2017-2021

About Refractory Equipment

Refractory equipment refers to a machine that is used for lining the inner walls of a furnace, boiler, reactor, or kiln with heat-resistant refractory materials. This refractory equipment also performs functions such as grinding, mixing, rolling, separating, as well as applying the refractory material. The refractory equipment market comprises ring and roller mills, impact mills, and air separators, which find their major applications in the petroleum and petrochemical, cement, oil refining, plaster, fire proofing, concrete pumping, and steel industries.

Technavio’s analysts forecast the global refractory equipment market to grow at a CAGR of 4% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global refractory equipment market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Refractory Equipment Market 2017-2021, 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
  • EZG Manufacturing
  • Hilman Rollers
  • NAO
  • Thermal Specialities
  • WARE
Other prominent vendors
  • Airplaco Equipment Company
  • BLASTCRETE EQUIPMENT COMPANY
  • Bricking Solutions
  • C&C Boiler Sales & Service
  • Davis Fabricators
  • Dewcon Instruments
  • Empire Refractory Sales
  • Han-Tek
  • HPC Manufacturing
  • MSE Supplies
  • Onex
  • REED
  • Refractories West
  • Refractory Anchors (RAI)
  • RFI CONSTRUCTION PRODUCTS
  • Selas Heat Technology Company
  • Walker Equipment Company
Market driver
  • Increasing demand for energy
  • For a full, detailed list, view our report
Market challenge
  • Increase in variable costs
  • For a full, detailed list, view our report
Market trend
  • Integration of IIoT
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Refractory Equipment Market 2017-2021

Technavio recognizes the following companies as the key players in the global refractory equipment market: EZG Manufacturing, Hilman Rollers, NAO, Thermal Specialities, and WARE.

Other Prominent Vendors in the market are: Airplaco Equipment Company, BLASTCRETE EQUIPMENT COMPANY, Bricking Solutions, C&C Boiler Sales & Service, Davis Fabricators, Dewcon Instruments, Empire Refractory Sales, Han-Tek, HPC Manufacturing, MSE Supplies, Onex, REED, Refractories West, Refractory Anchors (RAI), RFI CONSTRUCTION PRODUCTS, Selas Heat Technology Company, and Walker Equipment Company.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is integration of IIoT. The industrial Internet of Things (IIoT) is transforming the way machines are manufactured, designed, connected, and optimized. The advent of IIoT has brought together innumerable industrial equipment, production facilities, plants, and machines, with a network consisting of high-speed routers, gateways, and switches and the cloud, which holds the software and analytics to arrive at decisions using data from the Internet-enabled devices.”

According to the report, one driver in the market is increasing demand for energy. Rising population and rapid urbanization are primarily responsible for the increasing energy demand globally. As per the EIA's estimates, global energy consumption is expected to grow by 48% during 2012-2040. Most of this growth will be from non-OECD Asia, where the demand for energy is driven by strong economic growth. India and China will account for more than half of the world's total increase in energy consumption during the forecast period.

Further, the report states that one challenge in the market is increase in variable costs. An industry grows successfully when its investments are in control and less than its generated revenue. The abundant availability of raw materials and low-cost labor are the key factors for the success of any manufacturing industry. The global refractory material market is highly dependent on raw materials such as silica, alumina, chromium, and steel. The prices of these raw materials keep fluctuating, thus having a negative impact on the market. This negative effect has in turn, an adverse impact on the global refractory equipment market as well.

Companies Mentioned

EZG Manufacturing, Hilman Rollers, NAO, Thermal Specialities, and WARE, Airplaco Equipment Company, BLASTCRETE EQUIPMENT COMPANY, Bricking Solutions, C&C Boiler Sales & Service, Davis Fabricators, Dewcon Instruments, Empire Refractory Sales, Han-Tek, HPC Manufacturing, MSE Supplies, Onex, REED, Refractories West, Refractory Anchors (RAI), RFI CONSTRUCTION PRODUCTS, Selas Heat Technology Company, and Walker Equipment Company.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Current and future market prospects of different product types 2016 and 2021
      • Table Current and future market prospects in different geographic regions 2016 and 2021
  • Market landscape
    • Market overview
      • Table Market overview
    • Market size and forecast
      • Table Global refractory equipment market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Global refractory equipment market by product type 2016 and 2021 (%)
    • Global refractory equipment market by ring and roller mills
      • Table Global refractory equipment market by ring and roller mill 2016-2021 ($ millions)
    • Global refractory equipment market by impact mills
      • Table Global refractory equipment market by impact mill 2016-2021 ($ millions)
    • Global refractory equipment market by air separators
      • Table Global refractory equipment market by air separator 2016-2021 ($ millions)
  • Geographical segmentation
    • Market overview
      • Table Global refractory equipment market by geographical region 2016 and 2021 (%)
    • Refractory equipment market in APAC
      • Table Refractory equipment market in APAC 2016-2021 ($ millions)
    • Refractory equipment market in EMEA
      • Table Refractory equipment market in EMEA 2016-2021 ($ millions)
    • Refractory equipment market in Americas
      • Table Refractory equipment market in Americas 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table World energy consumption 2015-2040 (quadrillion Btu)
      • Table Incremental growth in global smart cities market 2017-2026 ($ trillions)
      • Table Manufacturing sector real output in US 2010-2016 (%age growth)
    • Market challenges
      • Table Hourly compensation costs in manufacturing industry in different countries 2008-2012 ($)
  • Market trends
    • Integration of IIoT
    • Stringent regulations on nuclear reactors after the Fukushima accident
    • Integration of 3D laser technology into refractory equipment
  • Vendor landscape Key vendors
    • Competitive scenario
      • Table Exhibit: Key vendors
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • EZG Manufacturing
    • Hilman Rollers
    • NAO
    • Thermal Specialties
    • WARE
  • Appendix
    • List of abbreviations
  • Explore Technavio

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