Global Recycled Refractories Market Size Study, by Product (Silica, Alumina, Magnesia), by End-use (Iron & Steel, Cement & Lime, Glass & Ceramics, Non-Ferrous Metals), and Regional Forecasts 2022-2032

Description

The Global Recycled Refractories Market is valued at approximately USD 12.53 billion in 2023 and is expected to grow at a CAGR of 8.6% over the forecast period 2024-2032. The rising emphasis on sustainable industrial practices and the increasing adoption of circular economy models drive the demand for recycled refractories. Industries such as iron & steel, cement & lime, glass & ceramics, and non-ferrous metals are increasingly turning to recycled refractories as a cost-effective and environmentally friendly alternative to virgin raw materials.

The growing concern over resource depletion and high costs of raw materials has prompted industries to seek alternatives, with recycling technology advancements improving the feasibility of reusing refractories. Traditional refractory materials, including alumina, silica, and magnesia, are critical to high-temperature industrial operations, but their mining and processing have significant environmental impacts. Recycling these materials not only reduces carbon emissions and industrial waste but also enhances the supply chain's resilience by lowering dependency on newly mined materials.

Regulatory mandates across major economies are further propelling the adoption of sustainable refractory solutions. Environmental policies aimed at minimizing industrial waste and promoting recycling initiatives have encouraged companies to develop and integrate innovative recycling methods into their operations. In June 2024, MIRECO, a joint venture between RHI Magnesita and Horn & Co. Group, expanded its operations in Italy with the acquisition of Refrattari Trezzi, a key player in refractory recycling. This strategic move reinforces MIRECO's commitment to circular economy practices and sustainable material supply chains.

The demand for recycled refractories in the iron & steel industry is particularly strong, as steelmakers seek to reduce operational costs and enhance sustainability efforts. Meanwhile, the cement industry is experiencing increased adoption of recycled refractories, driven by global urbanization, infrastructure expansion, and stricter emission regulations. Glass & ceramics and non-ferrous metal industries are also increasing their reliance on recycled materials to optimize production costs and comply with environmental standards.

Asia-Pacific is the dominant region in the global recycled refractories market, with China and India leading industrial expansion and rapidly implementing recycling technologies. The North American and European markets are also witnessing substantial growth, driven by regulatory pressures, sustainability goals, and technological advancements in refractory recycling. Latin America, the Middle East, and Africa present emerging opportunities, particularly in metallurgical and cement industries.

Major Market Players Included in This Report:

RHI Magnesita
Krosaki Harima Corporation
Deref S.p.A.
Harsco Corporation
Global Recycling
HORN & CO. GROUP
LKAB Minerals
Mineralen Kollee
REF Minerals
Jai Balajee Trading Co.
Valoref (Saint-Gobain)

The Detailed Segments and Sub-Segments of the Market are Explained Below:

By Product:

Silica
Alumina
Magnesia
Others

By End-use:

Iron & Steel
Cement & Lime
Glass & Ceramics
Non-Ferrous Metals
Others

By Region:

North America
U.S.
Canada
Mexico
Europe
Germany
France
Russia
UK
Asia-Pacific
China
India
Japan
South Korea
Central & South America
Brazil
Middle East & Africa
Saudi Arabia

Years Considered for the Study:

Historical Year - 2022
Base Year - 2023
Forecast Period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years (2022-2032)
Annualized revenues and regional-level analysis for each market segment
Comprehensive analysis of geographical landscape with country-level insights
Competitive landscape and market positioning of key players
Evaluation of key business strategies and recommendations for market participants
Demand-side and supply-side dynamics analysis

Chapter 1. Global Recycled Refractories Market Executive Summary

1.1. Global Recycled Refractories Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Product
- 1.3.2. By End-use
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Recycled Refractories Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Recycled Refractories Market Dynamics

3.1. Market Drivers
- 3.1.1. Rising demand for sustainable and eco-friendly refractory solutions
- 3.1.2. Cost-effectiveness of recycled refractories compared to virgin materials
- 3.1.3. Government regulations promoting recycling and waste reduction
3.2. Market Challenges
- 3.2.1. Variability in quality and performance of recycled refractories
- 3.2.2. Limited awareness and acceptance in some industries
3.3. Market Opportunities
- 3.3.1. Growth in circular economy initiatives in industrial sectors
- 3.3.2. Advancements in processing and separation technologies
- 3.3.3. Expansion of recycled refractory applications in emerging economies

Chapter 4. Global Recycled Refractories Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Recycled Refractories Market Size & Forecasts by Product 2022-2032

5.1. Segment Dashboard
5.2. Global Recycled Refractories Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 5.2.1. Silica
- 5.2.2. Alumina
- 5.2.3. Magnesia
- 5.2.4. Others

Chapter 6. Global Recycled Refractories Market Size & Forecasts by End-use 2022-2032

6.1. Segment Dashboard
6.2. Global Recycled Refractories Market: End-use Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 6.2.1. Iron & Steel
- 6.2.2. Cement & Lime
- 6.2.3. Glass & Ceramics
- 6.2.4. Non-Ferrous Metals
- 6.2.5. Others

Chapter 7. Global Recycled Refractories Market Size & Forecasts by Region 2022-2032

7.1. North America Recycled Refractories Market
- 7.1.1. U.S. Recycled Refractories Market
- 7.1.2. Canada Recycled Refractories Market
- 7.1.3. Mexico Recycled Refractories Market
7.2. Europe Recycled Refractories Market
- 7.2.1. Germany Recycled Refractories Market
- 7.2.2. France Recycled Refractories Market
- 7.2.3. Russia Recycled Refractories Market
- 7.2.4. UK Recycled Refractories Market
7.3. Asia-Pacific Recycled Refractories Market
- 7.3.1. China Recycled Refractories Market
- 7.3.2. India Recycled Refractories Market
- 7.3.3. Japan Recycled Refractories Market
- 7.3.4. South Korea Recycled Refractories Market
7.4. Central & South America Recycled Refractories Market
- 7.4.1. Brazil Recycled Refractories Market
7.5. Middle East & Africa Recycled Refractories Market
- 7.5.1. Saudi Arabia Recycled Refractories Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. RHI Magnesita
- 8.1.2. Krosaki Harima Corporation
- 8.1.3. Deref S.p.A.
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Global Recycling
- 8.3.2. Harsco Corporation
- 8.3.3. HORN & CO. GROUP
- 8.3.4. LKAB Minerals
- 8.3.5. Mineralen Kollee
- 8.3.6. REF Minerals
- 8.3.7. Jai Balajee Trading Co.
- 8.3.8. Refratechnik
- 8.3.9. Valoref (Saint-Gobain)

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes