PUBLISHER: TechNavio | PRODUCT CODE: 1652891
PUBLISHER: TechNavio | PRODUCT CODE: 1652891
The refractory materials market for steel industry in GCC is forecasted to grow by USD 30.2 mn during 2024-2029, accelerating at a CAGR of 3.2% during the forecast period. The report on the refractory materials market for steel industry in GCC 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 mounting demand for refractory materials from construction and infrastructure sector, increasing capacity of steel production, and increasing research and development activities by vendors.
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 3% |
CAGR | 3.2% |
Incremental Value | $30.2 mn |
Technavio's refractory materials market for steel industry in GCC is segmented as below:
By Product
By Type
By Geographical Landscape
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 growth during the next few years. Also, launching novel products and eco-refractories and growth in migrant labors in GCC will lead to sizable demand in the market.
The report on the refractory materials market for steel industry in GCC covers the following areas:
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 vendors that include Adani Group, Allied Mineral Products LLC, CALDERYS France SAS, Chosun Refractories ENG Co. Ltd., Compagnie de Saint-Gobain SA, HarbisonWalker International Inc., IFGL Refractories Ltd., Imerys S.A., Kanthal AB, Krosaki Harima Corp., Magnezit Group, Minerals Technologies Inc., Morgan Advanced Materials PLC, Refractarios Alfran S.A, Refratechnik Holding GmbH, RHI Magnesita GmbH, Saudi Refractory Industries, Shinagawa Refractories Co. Ltd., and Trent Refractories Ltd. Also, the refractory materials market for steel industry in GCC 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 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.
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