Refractory Materials Market for GCC Steel Industry Market in GCC Countries 2024-2028

List of Tables

Abstract

Refractory Materials Market For Steel Industry In GCC Countries 2024-2028

The refractory materials market for steel industry in GCC countries is forecasted to grow by USD 27.59 mn during 2023-2028, accelerating at a CAGR of 3.03% during the forecast period. The report on the refractory materials market for the steel industry in GCC countries provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	2.88%
CAGR	3.03%
Incremental Value	$27.59mn

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 driven by mounting demand for refractory materials from the construction and infrastructure sector, increasing capacity of steel production, and increasing R&D activities by vendors.

Technavio's refractory materials market for steel industry in GCC countries is segmented as below:

By Product

Bricks
Monolithic

By Type

Acidic
neutral
Basic

This study identifies the rising popularity of monolithic refractories over shaped refractories as one of the prime reasons driving the refractory materials market for steel industry in GCC countries' growth during the next few years. Also, launching novel products and eco-refractories and growth in migrant laborers in GCC will lead to sizable demand in the market.

The report on the refractory materials market for steel industry in GCC countries covers the following areas:

Refractory materials market for steel industry in GCC countries sizing
Refractory materials market for steel industry in GCC countries forecast
Refractory materials market for steel industry in GCC countries industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading refractory materials market for steel industry in GCC countries vendors that include Adani Group, Allied Mineral Products LLC, CALDERYS France SAS, Chosun Refractories ENG Co. Ltd., Compagnie de Saint Gobain, HarbisonWalker International Inc., IFGL Refractories Ltd., Imerys S.A., Kanthal AB, Krosaki Harima Corp., Minerals Technologies Inc., Morgan Advanced Materials Plc, Refractarios Alfran S.A, Refratechnik Holding GmbH, RHI Magnesita GmbH, Saudi Refractory Industries, Trent Refractories Ltd, Magnezit Group, and Shinagawa Refractories Co. Ltd.. Also, the refractory materials market for steel industry in GCC countries analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR45682

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on GCC - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on GCC: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Regional - Market size and forecast 2023-2028 ($ million)

4 Historic Market Size

4.1 Refractory materials market for GCC steel industry 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on refractory materials market for gcc steel industry 2018 - 2022 ($ million)
4.2 Product Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.3 Type Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 22: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 23: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 24: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 25: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 26: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 27: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 28: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Product

6.1 Market segments
Exhibit 29: Chart on Product - Market share 2023-2028 (%)
Exhibit 30: Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
Exhibit 31: Chart on Comparison by Product
Exhibit 32: Data Table on Comparison by Product
6.3 Bricks - Market size and forecast 2023-2028
Exhibit 33: Chart on Bricks - Market size and forecast 2023-2028 ($ million)
Exhibit 34: Data Table on Bricks - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Chart on Bricks - Year-over-year growth 2023-2028 (%)
Exhibit 36: Data Table on Bricks - Year-over-year growth 2023-2028 (%)
6.4 Monolithic - Market size and forecast 2023-2028
Exhibit 37: Chart on Monolithic - Market size and forecast 2023-2028 ($ million)
Exhibit 38: Data Table on Monolithic - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Chart on Monolithic - Year-over-year growth 2023-2028 (%)
Exhibit 40: Data Table on Monolithic - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Product
Exhibit 41: Market opportunity by Product ($ million)
Exhibit 42: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Type

7.1 Market segments
Exhibit 43: Chart on Type - Market share 2023-2028 (%)
Exhibit 44: Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
Exhibit 45: Chart on Comparison by Type
Exhibit 46: Data Table on Comparison by Type
7.3 Acidic and neutral - Market size and forecast 2023-2028
Exhibit 47: Chart on Acidic and neutral - Market size and forecast 2023-2028 ($ million)
Exhibit 48: Data Table on Acidic and neutral - Market size and forecast 2023-2028 ($ million)
Exhibit 49: Chart on Acidic and neutral - Year-over-year growth 2023-2028 (%)
Exhibit 50: Data Table on Acidic and neutral - Year-over-year growth 2023-2028 (%)
7.4 Basic - Market size and forecast 2023-2028
Exhibit 51: Chart on Basic - Market size and forecast 2023-2028 ($ million)
Exhibit 52: Data Table on Basic - Market size and forecast 2023-2028 ($ million)
Exhibit 53: Chart on Basic - Year-over-year growth 2023-2028 (%)
Exhibit 54: Data Table on Basic - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Type
Exhibit 55: Market opportunity by Type ($ million)
Exhibit 56: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 57: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 58: Chart on Market share by geography - 2023-2028 (%)
Exhibit 59: Data Table on Market share by geography - 2023-2028 (%)
9.2 Geographic comparison
Exhibit 60: Chart on Geographic comparison
Exhibit 61: Data Table on Geographic comparison
9.3 Saudi Arabia - Market size and forecast 2023-2028
Exhibit 62: Chart on Saudi Arabia - Market size and forecast 2023-2028 ($ million)
Exhibit 63: Data Table on Saudi Arabia - Market size and forecast 2023-2028 ($ million)
Exhibit 64: Chart on Saudi Arabia - Year-over-year growth 2023-2028 (%)
Exhibit 65: Data Table on Saudi Arabia - Year-over-year growth 2023-2028 (%)
9.4 United Arab Emirates - Market size and forecast 2023-2028
Exhibit 66: Chart on United Arab Emirates - Market size and forecast 2023-2028 ($ million)
Exhibit 67: Data Table on United Arab Emirates - Market size and forecast 2023-2028 ($ million)
Exhibit 68: Chart on United Arab Emirates - Year-over-year growth 2023-2028 (%)
Exhibit 69: Data Table on United Arab Emirates - Year-over-year growth 2023-2028 (%)
9.5 Qatar - Market size and forecast 2023-2028
Exhibit 70: Chart on Qatar - Market size and forecast 2023-2028 ($ million)
Exhibit 71: Data Table on Qatar - Market size and forecast 2023-2028 ($ million)
Exhibit 72: Chart on Qatar - Year-over-year growth 2023-2028 (%)
Exhibit 73: Data Table on Qatar - Year-over-year growth 2023-2028 (%)
9.6 Kuwait - Market size and forecast 2023-2028
Exhibit 74: Chart on Kuwait - Market size and forecast 2023-2028 ($ million)
Exhibit 75: Data Table on Kuwait - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Chart on Kuwait - Year-over-year growth 2023-2028 (%)
Exhibit 77: Data Table on Kuwait - Year-over-year growth 2023-2028 (%)
9.7 Rest of GCC - Market size and forecast 2023-2028
Exhibit 78: Chart on Rest of GCC - Market size and forecast 2023-2028 ($ million)
Exhibit 79: Data Table on Rest of GCC - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Chart on Rest of GCC - Year-over-year growth 2023-2028 (%)
Exhibit 81: Data Table on Rest of GCC - Year-over-year growth 2023-2028 (%)
9.8 Market opportunity by geography
Exhibit 82: Market opportunity by geography ($ million)
Exhibit 83: Data Table on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 84: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 85: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 86: Overview on factors of disruption
11.4 Industry risks
Exhibit 87: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 88: Vendors covered
12.2 Market positioning of vendors
Exhibit 89: Matrix on vendor position and classification
12.3 Allied Mineral Products LLC
Exhibit 90: Allied Mineral Products LLC - Overview
Exhibit 91: Allied Mineral Products LLC - Product / Service
Exhibit 92: Allied Mineral Products LLC - Key offerings
12.4 CALDERYS France SAS
Exhibit 93: CALDERYS France SAS - Overview
Exhibit 94: CALDERYS France SAS - Product / Service
Exhibit 95: CALDERYS France SAS - Key offerings
12.5 Chosun Refractories ENG Co. Ltd.
Exhibit 96: Chosun Refractories ENG Co. Ltd. - Overview
Exhibit 97: Chosun Refractories ENG Co. Ltd. - Product / Service
Exhibit 98: Chosun Refractories ENG Co. Ltd. - Key offerings
12.6 Compagnie de Saint Gobain
Exhibit 99: Compagnie de Saint Gobain - Overview
Exhibit 100: Compagnie de Saint Gobain - Business segments
Exhibit 101: Compagnie de Saint Gobain - Key news
Exhibit 102: Compagnie de Saint Gobain - Key offerings
Exhibit 103: Compagnie de Saint Gobain - Segment focus
12.7 HarbisonWalker International Inc.
Exhibit 104: HarbisonWalker International Inc. - Overview
Exhibit 105: HarbisonWalker International Inc. - Product / Service
Exhibit 106: HarbisonWalker International Inc. - Key offerings
12.8 IFGL Refractories Ltd.
Exhibit 107: IFGL Refractories Ltd. - Overview
Exhibit 108: IFGL Refractories Ltd. - Product / Service
Exhibit 109: IFGL Refractories Ltd. - Key offerings
12.9 Imerys S.A.
Exhibit 110: Imerys S.A. - Overview
Exhibit 111: Imerys S.A. - Business segments
Exhibit 112: Imerys S.A. - Key offerings
Exhibit 113: Imerys S.A. - Segment focus
12.10 Krosaki Harima Corp.
Exhibit 114: Krosaki Harima Corp. - Overview
Exhibit 115: Krosaki Harima Corp. - Business segments
Exhibit 116: Krosaki Harima Corp. - Key offerings
Exhibit 117: Krosaki Harima Corp. - Segment focus
12.11 Magnezit Group
Exhibit 118: Magnezit Group - Overview
Exhibit 119: Magnezit Group - Product / Service
Exhibit 120: Magnezit Group - Key offerings
12.12 Minerals Technologies Inc.
Exhibit 121: Minerals Technologies Inc. - Overview
Exhibit 122: Minerals Technologies Inc. - Business segments
Exhibit 123: Minerals Technologies Inc. - Key offerings
Exhibit 124: Minerals Technologies Inc. - Segment focus
12.13 Morgan Advanced Materials Plc
Exhibit 125: Morgan Advanced Materials Plc - Overview
Exhibit 126: Morgan Advanced Materials Plc - Business segments
Exhibit 127: Morgan Advanced Materials Plc - Key offerings
Exhibit 128: Morgan Advanced Materials Plc - Segment focus
12.14 Refractarios Alfran S.A
Exhibit 129: Refractarios Alfran S.A - Overview
Exhibit 130: Refractarios Alfran S.A - Product / Service
Exhibit 131: Refractarios Alfran S.A - Key offerings
12.15 Refratechnik Holding GmbH
Exhibit 132: Refratechnik Holding GmbH - Overview
Exhibit 133: Refratechnik Holding GmbH - Product / Service
Exhibit 134: Refratechnik Holding GmbH - Key offerings
12.16 RHI Magnesita GmbH
Exhibit 135: RHI Magnesita GmbH - Overview
Exhibit 136: RHI Magnesita GmbH - Business segments
Exhibit 137: RHI Magnesita GmbH - Key news
Exhibit 138: RHI Magnesita GmbH - Key offerings
Exhibit 139: RHI Magnesita GmbH - Segment focus
12.17 Saudi Refractory Industries
Exhibit 140: Saudi Refractory Industries - Overview
Exhibit 141: Saudi Refractory Industries - Product / Service
Exhibit 142: Saudi Refractory Industries - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 143: Inclusions checklist
Exhibit 144: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 145: Currency conversion rates for US$
13.4 Research methodology
Exhibit 146: Research methodology
Exhibit 147: Validation techniques employed for market sizing
Exhibit 148: Information sources
13.5 List of abbreviations
Exhibit 149: List of abbreviations