Market Research Logo

Global Refractory Materials Market for Steel Industry 2018-2022

Global Refractory Materials Market for Steel Industry 2018-2022

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?


Press Release

Technavio Announces the Publication of its Research Report – Global Refractory Materials Market for Steel Industry 2018-2022

Technavio recognizes the following companies as the key players in the global refractory materials market for steel industry: Calderys, Morgan Advanced Materials and its affiliates, RHI Magnesita, Saint-Gobain, and Vesuvius.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is rising popularity of monolithic refractories over shaped refractories. The monolithic refractories, which are distinct mixes or blends of dry granular or cohesive plastic materials with an indefinite form, are expected to observe high popularity over shaped refractories during the forecast period with a high growth rate. These refractories are likely to witness increased demand for almost every application including the steel industry.”

According to the report, one of the major drivers for this market is Increasing demand for steel from the construction, infrastructure, automotive, and other sectors. Steel, being one of the world’s most indispensable resources, plays an important role in various applications ranging from infrastructure, construction, and transportation to the tin-plated steel container that preserves food. It is a vital tool in the development of an economy. The demand for or consumption (per capita) of steel is considered as an important indicator in the socio-economic development and standard of living of an economy.

Further, the report states that one of the major factors hindering the growth of this market is Fluctuation in the cost of refractory raw materials and high energy consumption. There has been high volatility in the price of refractory raw materials in the last few years. The cost involved in the production of the raw materials is a determining factor toward the end use of these materials, i.e., the production of refractory materials. The cost of a refractory product involves three main factors, such as the cost of refractory raw materials, production cost, and cost to design and test the product.

Companies Mentioned

Calderys, Morgan Advanced Materials and its affiliates, RHI Magnesita, Saint-Gobain, and Vesuvius.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global refractory market segmentation by end-user industries 2016 (% share)
      • Table Common properties for selecting a refractory material
      • Table Classification of refractory materials based on chemical behavior
      • Table Classification of refractory materials based on physical form
      • Table Value-added products of magnesite
      • Table Process description of DBM
      • Table Value chain of DBM
      • Table Process description of FM
      • Table Value chain of FM
      • Table Global steel production by manufacturing process (% share)
      • Table Global crude steel production (million tons)
      • Table Global refractory materials market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global refractory materials market for steel industry - Market size and forecast 2017- 2022 (kilotons)
      • Table Global refractory materials market for steel industry - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by form type
    • Segmentation by form type
      • Table Form type - Market share 2017-2022 (%)
    • Comparison by form type
      • Table Comparison by form type
    • Brick refractories - Market size and forecast 2017-2022
      • Table Brick refractories - Market size and forecast 2017-2022 (kilotons)
      • Table Brick refractories - Year-over-year growth 2018-2022 (%)
    • Monolithic refractories - Market size and forecast 2017-2022
      • Table Monolithic refractories - Market size and forecast 2017-2022 (kilotons)
      • Table Monolithic - Year-over-year growth 2018-2022 (%)
    • Market opportunity by form type
      • Table Market opportunity by form type
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global refractory materials market for steel industry - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 (kilotons)
      • Table APAC - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 (kilotons)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 (kilotons)
      • Table Americas - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in Americas
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global passenger vehicle production 2016-2021 (millions of units)
      • Table Global crude steel production capacity 2006-2016 (million tons)
    • Market challenges
  • Market trends
    • Rising popularity of monolithic refractories over shaped refractories
    • Launch of novel products and environmentfriendly refractories
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
      • Table Global refractory market share of players by refractory revenue 2016 (% share)
    • Key market vendors
      • Table Key market vendors
  • Vendor analysis
    • Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Calderys
      • Table Vendor overview
      • Table Calderys - Business segments
      • Table Calderys - Organizational developments
      • Table Calderys - Geographical focus
      • Table Calderys - Segment focus
      • Table Calderys - Key offerings
    • Morgan Advanced Materials and its affiliates
      • Table Vendor overview
      • Table Morgan Advanced Materials and its affiliates - Business segments
      • Table Morgan Advanced Materials and its affiliates - Organizational developments
      • Table Morgan Advanced Materials and its affiliates - Geographical focus
      • Table Morgan Advanced Materials and its affiliates - Segment focus
      • Table Morgan Advanced Materials and its affiliates - Key offerings
    • RHI Magnesita
      • Table Vendor overview
      • Table RHI Magnesita - Business segments
      • Table RHI Magnesita - Organizational developments
      • Table RHI Magnesita - Geographical focus
      • Table RHI Magnesita - Segment focus
      • Table RHI Magnesita - Key offerings
    • Saint-Gobain
      • Table Vendor overview
      • Table Saint-Gobain - Business segments
      • Table Saint-Gobain - Organizational developments
      • Table Saint-Gobain - Geographical focus
      • Table Saint-Gobain - Segment focus
      • Table Saint-Gobain - Key offerings
    • Vesuvius
      • Table Vendor overview
      • Table Vesuvius - Business segments
      • Table Vesuvius - Organizational developments
      • Table Vesuvius - Geographical focus
      • Table Vesuvius - Segment focus
      • Table Vesuvius - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report