Global Refractory Materials Market 2024-2028

The refractory materials market is forecasted to grow by USD 7.7 bn during 2023-2028, accelerating at a CAGR of 5.38% during the forecast period. The report on the refractory materials market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

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 increasing production capacity developments in steel industry, increase in demand for steel from end-user industries, and increase in research and development activities by vendors.

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	4.67%
CAGR	5.38%
Incremental Value	$7.7 bn

Technavio's refractory materials market is segmented as below:

By Product Type

Clay
Non-clay

By Type

Shaped
Monolithic

By Application

Iron and steel
Non-metallic materials
Non-ferrous metals
Others

By Geographical Landscape

APAC
Europe
North America
South America
Middle East and Africa

This study identifies the shift of refractories type from shaped to monolithic as one of the prime reasons driving the refractory materials market growth during the next few years. Also, surging demand for refractories materials from oil and gas industry and introduction of innovative products and eco-refractories will lead to sizable demand in the market.

The report on the refractory materials market covers the following areas:

Refractory materials market sizing
Refractory materials market forecast
Refractory materials market 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 vendors that include Alsey Refractories Co., Carborundum Universal Ltd., Chosun Refractories ENG Co. Ltd., Compagnie de Saint Gobain, Corning Inc., HarbisonWalker International Inc., IFGL Refractories Ltd., Imerys S.A., INTOCAST AG, KAEFER SE and Co. KG, Krosaki Harima Corp., Magnezit Group, Minerals Technologies Inc., Morgan Advanced Materials Plc, POSCO Holdings Inc., Refratechnik Holding GmbH, RHI Magnesita GmbH, SCR Sibelco NV, Shinagawa Refractories Co. Ltd., and Vesuvius Plc. Also, the refractory materials market 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 primary and secondary research. 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 accurate market growth.

Product Code: IRTNTR70495

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Product Type
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Refractory Materials Market 2018 - 2022
- Historic Market Size - Data Table on Global Refractory Materials Market 2018 - 2022 ($ billion)
4.2 Product Type segment analysis 2018 - 2022
- Historic Market Size - Product Type Segment 2018 - 2022 ($ billion)
4.3 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.4 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.5 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.6 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Product Type

6.1 Market segments
- Chart on Product Type - Market share 2023-2028 (%)
- Data Table on Product Type - Market share 2023-2028 (%)
6.2 Comparison by Product Type
- Chart on Comparison by Product Type
- Data Table on Comparison by Product Type
6.3 Clay - Market size and forecast 2023-2028
- Chart on Clay - Market size and forecast 2023-2028 ($ billion)
- Data Table on Clay - Market size and forecast 2023-2028 ($ billion)
- Chart on Clay - Year-over-year growth 2023-2028 (%)
- Data Table on Clay - Year-over-year growth 2023-2028 (%)
6.4 Non-clay - Market size and forecast 2023-2028
- Chart on Non-clay - Market size and forecast 2023-2028 ($ billion)
- Data Table on Non-clay - Market size and forecast 2023-2028 ($ billion)
- Chart on Non-clay - Year-over-year growth 2023-2028 (%)
- Data Table on Non-clay - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Product Type
- Market opportunity by Product Type ($ billion)
- Data Table on Market opportunity by Product Type ($ billion)

7 Market Segmentation by Type

7.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
7.3 Shaped - Market size and forecast 2023-2028
- Chart on Shaped - Market size and forecast 2023-2028 ($ billion)
- Data Table on Shaped - Market size and forecast 2023-2028 ($ billion)
- Chart on Shaped - Year-over-year growth 2023-2028 (%)
- Data Table on Shaped - Year-over-year growth 2023-2028 (%)
7.4 Monolithic - Market size and forecast 2023-2028
- Chart on Monolithic - Market size and forecast 2023-2028 ($ billion)
- Data Table on Monolithic - Market size and forecast 2023-2028 ($ billion)
- Chart on Monolithic - Year-over-year growth 2023-2028 (%)
- Data Table on Monolithic - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Type
- Market opportunity by Type ($ billion)
- Data Table on Market opportunity by Type ($ billion)

8 Market Segmentation by Application

8.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)
8.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
8.3 Iron and steel - Market size and forecast 2023-2028
- Chart on Iron and steel - Market size and forecast 2023-2028 ($ billion)
- Data Table on Iron and steel - Market size and forecast 2023-2028 ($ billion)
- Chart on Iron and steel - Year-over-year growth 2023-2028 (%)
- Data Table on Iron and steel - Year-over-year growth 2023-2028 (%)
8.4 Non-metallic materials - Market size and forecast 2023-2028
- Chart on Non-metallic materials - Market size and forecast 2023-2028 ($ billion)
- Data Table on Non-metallic materials - Market size and forecast 2023-2028 ($ billion)
- Chart on Non-metallic materials - Year-over-year growth 2023-2028 (%)
- Data Table on Non-metallic materials - Year-over-year growth 2023-2028 (%)
8.5 Non-ferrous metals - Market size and forecast 2023-2028
- Chart on Non-ferrous metals - Market size and forecast 2023-2028 ($ billion)
- Data Table on Non-ferrous metals - Market size and forecast 2023-2028 ($ billion)
- Chart on Non-ferrous metals - Year-over-year growth 2023-2028 (%)
- Data Table on Non-ferrous metals - Year-over-year growth 2023-2028 (%)
8.6 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
8.7 Market opportunity by Application
- Market opportunity by Application ($ billion)
- Data Table on Market opportunity by Application ($ billion)

9 Customer Landscape

9.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Geographic Landscape

10.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
10.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
10.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
10.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
10.5 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
10.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
10.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
10.8 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ billion)
- Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
10.9 India - Market size and forecast 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ billion)
- Data Table on India - Market size and forecast 2023-2028 ($ billion)
- Chart on India - Year-over-year growth 2023-2028 (%)
- Data Table on India - Year-over-year growth 2023-2028 (%)
10.10 Russia - Market size and forecast 2023-2028
- Chart on Russia - Market size and forecast 2023-2028 ($ billion)
- Data Table on Russia - Market size and forecast 2023-2028 ($ billion)
- Chart on Russia - Year-over-year growth 2023-2028 (%)
- Data Table on Russia - Year-over-year growth 2023-2028 (%)
10.11 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
10.12 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ billion)
- Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
10.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ billion)
- Data Tables on Market opportunity By Geographical Landscape ($ billion)

11 Drivers, Challenges, and Opportunity/Restraints

11.1 Market drivers
11.2 Market challenges
11.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
11.4 Market opportunities/restraints

12 Competitive Landscape

12.1 Overview
12.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
12.3 Landscape disruption
- Overview on factors of disruption
12.4 Industry risks
- Impact of key risks on business

13 Competitive Analysis

13.1 Companies profiled
- Companies covered
13.2 Market positioning of companies
- Matrix on companies position and classification
13.3 Carborundum Universal Ltd.
- Carborundum Universal Ltd. - Overview
- Carborundum Universal Ltd. - Business segments
- Carborundum Universal Ltd. - Key offerings
- Carborundum Universal Ltd. - Segment focus
13.4 Chosun Refractories ENG Co. Ltd.
- Chosun Refractories ENG Co. Ltd. - Overview
- Chosun Refractories ENG Co. Ltd. - Product / Service
- Chosun Refractories ENG Co. Ltd. - Key offerings
13.5 Compagnie de Saint Gobain
- Compagnie de Saint Gobain - Overview
- Compagnie de Saint Gobain - Business segments
- Compagnie de Saint Gobain - Key news
- Compagnie de Saint Gobain - Key offerings
- Compagnie de Saint Gobain - Segment focus
13.6 HarbisonWalker International Inc.
- HarbisonWalker International Inc. - Overview
- HarbisonWalker International Inc. - Product / Service
- HarbisonWalker International Inc. - Key offerings
13.7 IFGL Refractories Ltd.
- IFGL Refractories Ltd. - Overview
- IFGL Refractories Ltd. - Product / Service
- IFGL Refractories Ltd. - Key offerings
13.8 INTOCAST AG
- INTOCAST AG - Overview
- INTOCAST AG - Product / Service
- INTOCAST AG - Key offerings
13.9 Krosaki Harima Corp.
- Krosaki Harima Corp. - Overview
- Krosaki Harima Corp. - Business segments
- Krosaki Harima Corp. - Key offerings
- Krosaki Harima Corp. - Segment focus
13.10 Magnezit Group
- Magnezit Group - Overview
- Magnezit Group - Product / Service
- Magnezit Group - Key offerings
13.11 Minerals Technologies Inc.
- Minerals Technologies Inc. - Overview
- Minerals Technologies Inc. - Business segments
- Minerals Technologies Inc. - Key news
- Minerals Technologies Inc. - Key offerings
- Minerals Technologies Inc. - Segment focus
13.12 Morgan Advanced Materials Plc
- Morgan Advanced Materials Plc - Overview
- Morgan Advanced Materials Plc - Business segments
- Morgan Advanced Materials Plc - Key news
- Morgan Advanced Materials Plc - Key offerings
- Morgan Advanced Materials Plc - Segment focus
13.13 POSCO Holdings Inc.
- POSCO Holdings Inc. - Overview
- POSCO Holdings Inc. - Business segments
- POSCO Holdings Inc. - Key news
- POSCO Holdings Inc. - Key offerings
- POSCO Holdings Inc. - Segment focus
13.14 Refratechnik Holding GmbH
- Refratechnik Holding GmbH - Overview
- Refratechnik Holding GmbH - Product / Service
- Refratechnik Holding GmbH - Key offerings
13.15 RHI Magnesita GmbH
- RHI Magnesita GmbH - Overview
- RHI Magnesita GmbH - Business segments
- RHI Magnesita GmbH - Key news
- RHI Magnesita GmbH - Key offerings
- RHI Magnesita GmbH - Segment focus
13.16 SCR Sibelco NV
- SCR Sibelco NV - Overview
- SCR Sibelco NV - Product / Service
- SCR Sibelco NV - Key news
- SCR Sibelco NV - Key offerings
13.17 Shinagawa Refractories Co. Ltd.
- Shinagawa Refractories Co. Ltd. - Overview
- Shinagawa Refractories Co. Ltd. - Product / Service
- Shinagawa Refractories Co. Ltd. - Key offerings

14 Appendix

14.1 Scope of the report
14.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
14.3 Currency conversion rates for US$
- Currency conversion rates for US$
14.4 Research methodology
- Research methodology
14.5 Data procurement
- Information sources
14.6 Data validation
- Data validation
14.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
14.8 Data synthesis
- Data synthesis
- 360 degree market analysis
- 360 degree market analysis
14.10 List of abbreviations
- List of abbreviations