Refractory Material Market By Form, By Chemical Composition, By Chemistry, By End-Use : Global Opportunity Analysis and Industry Forecast, 2023-2032

List of Tables

The global refractory material market was valued at $20.9 billion in 2022, and is projected to reach $31.3 billion by 2032, growing at a CAGR of 4.1% from 2023 to 2032.

Refractory materials are inorganic, polyphase, polycrystalline, non-metallic, and porous materials that are resistant to decomposition by heat, chemical attack, and pressure. It is produced from oxides of silicon, aluminum, calcium, and magnesium. It is used to withstand high temperatures in kilns, furnaces, incinerators, and reactors. It is also used to make molds and crucibles for metals and glass sectors.

The growing modern theme-based building & construction sector has led to rise in the demand for glass used in manufacturing windowpanes, doors, and other building parts. Refractory materials being widely used in kilns and furnaces for thermal insulation purposes in glass manufacturing units may experience a surge in demand. In addition, factors such as recyclability, transparency, and low raw material costs have attracted consumers toward using glass-based materials for a wide range of applications, which, in turn, has increased the production rate of glass where refractory materials are extensively used for thermal stability purposes.

$Refractory Material Market - IMG1$

Moreover, ongoing technological advancements in refractory materials contribute to market growth. Innovations in material science, manufacturing processes, and the development of new formulations enhance the properties of refractories, making them more durable, heat-resistant, and cost-effective. Advanced refractory materials also play a key role in optimizing energy efficiency in industrial processes.

However, the production of refractory materials relies heavily on raw materials such as alumina, magnesia, and silica. The costs of these raw materials can be significant, and their prices are often subject to volatility due to factors such as geopolitical events, supply chain disruptions, and market demand. This can lead to increased production costs and price instability for refractory products, affecting the overall competitiveness of the market.

On the contrary, the global emphasis on energy efficiency and sustainable practices provides an opportunity for refractory materials to play a pivotal role. Refractories that contribute to improved energy efficiency in high-temperature industrial processes, such as steel and cement production, are expected to be in high demand. This aligns with industry trends toward greener and more sustainable manufacturing practices.

The refractory materials market is segmented on the basis of form, chemical composition, chemistry, end use, and region. On the basis of form, the market is categorized into shaped and unshaped. On the basis of chemical composition, it is divided into alumina, silica, magnesia, fireclay, and others. On the basis of chemistry, it is fragmented into acidic, basic, and neutral. By end use, it is classified into metals & metallurgy, cement, glass & ceramics, power generation, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

The global refractory material market profiles leading players that include Calderys, Krosaki Harima Corporation, SHINAGAWA REFRACTORIES CO., LTD., Morgan Advanced Materials plc, RHI Magnesita GmbH, Saint-Gobain, Lanexis Enterprises (P) Ltd., IFGL Refractories Limited., Vitcas, AGC Inc. The global refractory material market report provides in-depth competitive analysis as well as profiles of these major players.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the refractory material market analysis from 2022 to 2032 to identify the prevailing refractory material market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the refractory material market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global refractory material market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:

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Analysis of raw material in a product (by %)
Manufacturing Capacity
Technology Trend Analysis
Average Consumer Expenditure
Market share analysis of players by products/segments
New Product Development/ Product Matrix of Key Players
Patient/epidemiology data at country, region, global level
Regulatory Guidelines
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Average Selling Price Analysis / Price Point Analysis
Expanded list for Company Profiles
Historic market data
Import Export Analysis/Data
SWOT Analysis
Volume Market Size and Forecast

Key Market Segments

By Form

Shaped
Unshaped

By Chemical Composition

Alumina
Silica
Magnesia
Fireclay
Others

By Chemistry

Acidic
Basic
Neutral

By End-Use

Metals and Metallurgy
- Type
- Steel
- Ferrous and Non Ferrous
Cement
Glass and Ceramics
Power Generation
Others

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA

Key Market Players:

Calderys
Saint-Gobain
Lanexis Enterprises (P) Ltd.
Krosaki Harima Corporation
IFGL Refractories Limited.
SHINAGAWA REFRACTORIES CO., LTD.
Morgan Advanced Materials plc
RHI Magnesita GmbH
Vitcas
AGC Inc.

Product Code: A14896

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
- 3.3.1. Moderate bargaining power of suppliers
- 3.3.2. Moderate threat of new entrants
- 3.3.3. Moderate threat of substitutes
- 3.3.4. High intensity of rivalry
- 3.3.5. High bargaining power of buyers
3.4. Market dynamics
- 3.4.1. Drivers
  - 3.4.1.1. Increase in iron and steel production
  - 3.4.1.2. Escalating demand from the glass industry
  - 3.4.1.3. Technological Advancements
  - 3.4.1.4. Global Energy Transition
- 3.4.2. Restraints
  - 3.4.2.1. Environmental and health issues associated with the use of refractory materials
  - 3.4.2.2. High costs and price volatility of raw materials
- 3.4.3. Opportunities
  - 3.4.3.1. Advancements in Material Science
  - 3.4.3.2.
  - 3.4.3.3. Rise in focus on energy efficiency
  - 3.4.3.4. Emergence of recycled refractory material
3.5. Value Chain Analysis
3.6. Pricing Analysis
3.7. Key Regulation Analysis
3.8. Patent Landscape
3.9. Impact of Russia-Ukraine War on Europe

CHAPTER 4: REFRACTORY MATERIAL MARKET, BY FORM

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Shaped
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Unshaped
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country

CHAPTER 5: REFRACTORY MATERIAL MARKET, BY CHEMICAL COMPOSITION

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Alumina
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Silica
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
5.4. Magnesia
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
5.5. Fireclay
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
5.6. Others
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country

CHAPTER 6: REFRACTORY MATERIAL MARKET, BY CHEMISTRY

6.1. Overview
- 6.1.1. Market size and forecast
6.2. Acidic
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
6.3. Basic
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
6.4. Neutral
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country

CHAPTER 7: REFRACTORY MATERIAL MARKET, BY END-USE

7.1. Overview
- 7.1.1. Market size and forecast
7.2. Metals and Metallurgy
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by region
- 7.2.3. Market share analysis by country
- 7.2.4. Metals and Metallurgy Refractory Material Market by Type
  - 7.2.4.1. Steel Market size and forecast, by region
  - 7.2.4.2. Steel Market size and forecast, by country
  - 7.2.4.3. Ferrous and Non Ferrous Market size and forecast, by region
  - 7.2.4.4. Ferrous and Non Ferrous Market size and forecast, by country
7.3. Cement
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by region
- 7.3.3. Market share analysis by country
7.4. Glass and Ceramics
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by region
- 7.4.3. Market share analysis by country
7.5. Power Generation
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by region
- 7.5.3. Market share analysis by country
7.6. Others
- 7.6.1. Key market trends, growth factors and opportunities
- 7.6.2. Market size and forecast, by region
- 7.6.3. Market share analysis by country

CHAPTER 8: REFRACTORY MATERIAL MARKET, BY REGION

8.1. Overview
- 8.1.1. Market size and forecast By Region
8.2. North America
- 8.2.1. Key market trends, growth factors and opportunities
- 8.2.2. Market size and forecast, by Form
- 8.2.3. Market size and forecast, by Chemical Composition
- 8.2.4. Market size and forecast, by Chemistry
- 8.2.5. Market size and forecast, by End-Use
  - 8.2.5.1. North America Metals and Metallurgy Refractory Material Market by Type
- 8.2.6. Market size and forecast, by country
  - 8.2.6.1. U.S.
  - 8.2.6.1.1. Market size and forecast, by Form
  - 8.2.6.1.2. Market size and forecast, by Chemical Composition
  - 8.2.6.1.3. Market size and forecast, by Chemistry
  - 8.2.6.1.4. Market size and forecast, by End-Use
  - 8.2.6.1.4.1. U.S. Metals and Metallurgy Refractory Material Market by Type
  - 8.2.6.2. Canada
  - 8.2.6.2.1. Market size and forecast, by Form
  - 8.2.6.2.2. Market size and forecast, by Chemical Composition
  - 8.2.6.2.3. Market size and forecast, by Chemistry
  - 8.2.6.2.4. Market size and forecast, by End-Use
  - 8.2.6.2.4.1. Canada Metals and Metallurgy Refractory Material Market by Type
  - 8.2.6.3. Mexico
  - 8.2.6.3.1. Market size and forecast, by Form
  - 8.2.6.3.2. Market size and forecast, by Chemical Composition
  - 8.2.6.3.3. Market size and forecast, by Chemistry
  - 8.2.6.3.4. Market size and forecast, by End-Use
  - 8.2.6.3.4.1. Mexico Metals and Metallurgy Refractory Material Market by Type
8.3. Europe
- 8.3.1. Key market trends, growth factors and opportunities
- 8.3.2. Market size and forecast, by Form
- 8.3.3. Market size and forecast, by Chemical Composition
- 8.3.4. Market size and forecast, by Chemistry
- 8.3.5. Market size and forecast, by End-Use
  - 8.3.5.1. Europe Metals and Metallurgy Refractory Material Market by Type
- 8.3.6. Market size and forecast, by country
  - 8.3.6.1. Germany
  - 8.3.6.1.1. Market size and forecast, by Form
  - 8.3.6.1.2. Market size and forecast, by Chemical Composition
  - 8.3.6.1.3. Market size and forecast, by Chemistry
  - 8.3.6.1.4. Market size and forecast, by End-Use
  - 8.3.6.1.4.1. Germany Metals and Metallurgy Refractory Material Market by Type
  - 8.3.6.2. UK
  - 8.3.6.2.1. Market size and forecast, by Form
  - 8.3.6.2.2. Market size and forecast, by Chemical Composition
  - 8.3.6.2.3. Market size and forecast, by Chemistry
  - 8.3.6.2.4. Market size and forecast, by End-Use
  - 8.3.6.2.4.1. UK Metals and Metallurgy Refractory Material Market by Type
  - 8.3.6.3. France
  - 8.3.6.3.1. Market size and forecast, by Form
  - 8.3.6.3.2. Market size and forecast, by Chemical Composition
  - 8.3.6.3.3. Market size and forecast, by Chemistry
  - 8.3.6.3.4. Market size and forecast, by End-Use
  - 8.3.6.3.4.1. France Metals and Metallurgy Refractory Material Market by Type
  - 8.3.6.4. Spain
  - 8.3.6.4.1. Market size and forecast, by Form
  - 8.3.6.4.2. Market size and forecast, by Chemical Composition
  - 8.3.6.4.3. Market size and forecast, by Chemistry
  - 8.3.6.4.4. Market size and forecast, by End-Use
  - 8.3.6.4.4.1. Spain Metals and Metallurgy Refractory Material Market by Type
  - 8.3.6.5. Italy
  - 8.3.6.5.1. Market size and forecast, by Form
  - 8.3.6.5.2. Market size and forecast, by Chemical Composition
  - 8.3.6.5.3. Market size and forecast, by Chemistry
  - 8.3.6.5.4. Market size and forecast, by End-Use
  - 8.3.6.5.4.1. Italy Metals and Metallurgy Refractory Material Market by Type
  - 8.3.6.6. Rest of Europe
  - 8.3.6.6.1. Market size and forecast, by Form
  - 8.3.6.6.2. Market size and forecast, by Chemical Composition
  - 8.3.6.6.3. Market size and forecast, by Chemistry
  - 8.3.6.6.4. Market size and forecast, by End-Use
  - 8.3.6.6.4.1. Rest of Europe Metals and Metallurgy Refractory Material Market by Type
8.4. Asia-Pacific
- 8.4.1. Key market trends, growth factors and opportunities
- 8.4.2. Market size and forecast, by Form
- 8.4.3. Market size and forecast, by Chemical Composition
- 8.4.4. Market size and forecast, by Chemistry
- 8.4.5. Market size and forecast, by End-Use
  - 8.4.5.1. Asia-Pacific Metals and Metallurgy Refractory Material Market by Type
- 8.4.6. Market size and forecast, by country
  - 8.4.6.1. China
  - 8.4.6.1.1. Market size and forecast, by Form
  - 8.4.6.1.2. Market size and forecast, by Chemical Composition
  - 8.4.6.1.3. Market size and forecast, by Chemistry
  - 8.4.6.1.4. Market size and forecast, by End-Use
  - 8.4.6.1.4.1. China Metals and Metallurgy Refractory Material Market by Type
  - 8.4.6.2. India
  - 8.4.6.2.1. Market size and forecast, by Form
  - 8.4.6.2.2. Market size and forecast, by Chemical Composition
  - 8.4.6.2.3. Market size and forecast, by Chemistry
  - 8.4.6.2.4. Market size and forecast, by End-Use
  - 8.4.6.2.4.1. India Metals and Metallurgy Refractory Material Market by Type
  - 8.4.6.3. Japan
  - 8.4.6.3.1. Market size and forecast, by Form
  - 8.4.6.3.2. Market size and forecast, by Chemical Composition
  - 8.4.6.3.3. Market size and forecast, by Chemistry
  - 8.4.6.3.4. Market size and forecast, by End-Use
  - 8.4.6.3.4.1. Japan Metals and Metallurgy Refractory Material Market by Type
  - 8.4.6.4. South Korea
  - 8.4.6.4.1. Market size and forecast, by Form
  - 8.4.6.4.2. Market size and forecast, by Chemical Composition
  - 8.4.6.4.3. Market size and forecast, by Chemistry
  - 8.4.6.4.4. Market size and forecast, by End-Use
  - 8.4.6.4.4.1. South Korea Metals and Metallurgy Refractory Material Market by Type
  - 8.4.6.5. Australia
  - 8.4.6.5.1. Market size and forecast, by Form
  - 8.4.6.5.2. Market size and forecast, by Chemical Composition
  - 8.4.6.5.3. Market size and forecast, by Chemistry
  - 8.4.6.5.4. Market size and forecast, by End-Use
  - 8.4.6.5.4.1. Australia Metals and Metallurgy Refractory Material Market by Type
  - 8.4.6.6. Rest of Asia-Pacific
  - 8.4.6.6.1. Market size and forecast, by Form
  - 8.4.6.6.2. Market size and forecast, by Chemical Composition
  - 8.4.6.6.3. Market size and forecast, by Chemistry
  - 8.4.6.6.4. Market size and forecast, by End-Use
  - 8.4.6.6.4.1. Rest of Asia-Pacific Metals and Metallurgy Refractory Material Market by Type
8.5. LAMEA
- 8.5.1. Key market trends, growth factors and opportunities
- 8.5.2. Market size and forecast, by Form
- 8.5.3. Market size and forecast, by Chemical Composition
- 8.5.4. Market size and forecast, by Chemistry
- 8.5.5. Market size and forecast, by End-Use
  - 8.5.5.1. LAMEA Metals and Metallurgy Refractory Material Market by Type
- 8.5.6. Market size and forecast, by country
  - 8.5.6.1. Brazil
  - 8.5.6.1.1. Market size and forecast, by Form
  - 8.5.6.1.2. Market size and forecast, by Chemical Composition
  - 8.5.6.1.3. Market size and forecast, by Chemistry
  - 8.5.6.1.4. Market size and forecast, by End-Use
  - 8.5.6.1.4.1. Brazil Metals and Metallurgy Refractory Material Market by Type
  - 8.5.6.2. Saudi Arabia
  - 8.5.6.2.1. Market size and forecast, by Form
  - 8.5.6.2.2. Market size and forecast, by Chemical Composition
  - 8.5.6.2.3. Market size and forecast, by Chemistry
  - 8.5.6.2.4. Market size and forecast, by End-Use
  - 8.5.6.2.4.1. Saudi Arabia Metals and Metallurgy Refractory Material Market by Type
  - 8.5.6.3. South Africa
  - 8.5.6.3.1. Market size and forecast, by Form
  - 8.5.6.3.2. Market size and forecast, by Chemical Composition
  - 8.5.6.3.3. Market size and forecast, by Chemistry
  - 8.5.6.3.4. Market size and forecast, by End-Use
  - 8.5.6.3.4.1. South Africa Metals and Metallurgy Refractory Material Market by Type
  - 8.5.6.4. Rest of LAMEA
  - 8.5.6.4.1. Market size and forecast, by Form
  - 8.5.6.4.2. Market size and forecast, by Chemical Composition
  - 8.5.6.4.3. Market size and forecast, by Chemistry
  - 8.5.6.4.4. Market size and forecast, by End-Use
  - 8.5.6.4.4.1. Rest of LAMEA Metals and Metallurgy Refractory Material Market by Type

CHAPTER 9: COMPETITIVE LANDSCAPE

9.1. Introduction
9.2. Top winning strategies
9.3. Product mapping of top 10 player
9.4. Competitive dashboard
9.5. Competitive heatmap
9.6. Top player positioning, 2022

CHAPTER 10: COMPANY PROFILES

10.1. Calderys
- 10.1.1. Company overview
- 10.1.2. Key executives
- 10.1.3. Company snapshot
- 10.1.4. Operating business segments
- 10.1.5. Product portfolio
10.2. IFGL Refractories Limited.
- 10.2.1. Company overview
- 10.2.2. Key executives
- 10.2.3. Company snapshot
- 10.2.4. Operating business segments
- 10.2.5. Product portfolio
- 10.2.6. Business performance
10.3. Krosaki Harima Corporation
- 10.3.1. Company overview
- 10.3.2. Key executives
- 10.3.3. Company snapshot
- 10.3.4. Operating business segments
- 10.3.5. Product portfolio
- 10.3.6. Business performance
10.4. Lanexis Enterprises (P) Ltd.
- 10.4.1. Company overview
- 10.4.2. Key executives
- 10.4.3. Company snapshot
- 10.4.4. Operating business segments
- 10.4.5. Product portfolio
10.5. Morgan Advanced Materials plc
- 10.5.1. Company overview
- 10.5.2. Key executives
- 10.5.3. Company snapshot
- 10.5.4. Operating business segments
- 10.5.5. Product portfolio
- 10.5.6. Business performance
10.6. RHI Magnesita GmbH
- 10.6.1. Company overview
- 10.6.2. Key executives
- 10.6.3. Company snapshot
- 10.6.4. Operating business segments
- 10.6.5. Product portfolio
- 10.6.6. Business performance
- 10.6.7. Key strategic moves and developments
10.7. Saint-Gobain
- 10.7.1. Company overview
- 10.7.2. Key executives
- 10.7.3. Company snapshot
- 10.7.4. Operating business segments
- 10.7.5. Product portfolio
- 10.7.6. Business performance
- 10.7.7. Key strategic moves and developments
10.8. SHINAGAWA REFRACTORIES CO., LTD.
- 10.8.1. Company overview
- 10.8.2. Key executives
- 10.8.3. Company snapshot
- 10.8.4. Operating business segments
- 10.8.5. Product portfolio
- 10.8.6. Business performance
10.9. Vitcas
- 10.9.1. Company overview
- 10.9.2. Key executives
- 10.9.3. Company snapshot
- 10.9.4. Operating business segments
- 10.9.5. Product portfolio
10.10. AGC Inc.
- 10.10.1. Company overview
- 10.10.2. Key executives
- 10.10.3. Company snapshot
- 10.10.4. Operating business segments
- 10.10.5. Product portfolio
- 10.10.6. Business performance