Global Refractories Market is expected to reach USD 40,007.33 million by 2025 from USD 29,518.47 million in 2017, at a CAGR of 4.0% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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The global refractories market highly concentrated to a few big players and rest to local players who cater to domestic markets only. Vesuvias dominated the refractories market accounting for a highest market share in 2017, followed by RHI Magnesita and Saint Gobain S.A. Other players in this market include Morgan Advanced Materials, Shinagawa Refractories Co., Ltd., COORSTEK, INC., Refratechnic, HARBISONWALKER INTERNATIONAL, IMERYS, KROSAKI HARIMA CORPORATION, Vesuvias, IFGL Refractories Ltd., among others.
Vesuvuas was founded in 1916 and headquartered in London, U.K., Vesuvias provides engineering services and solutions to steel and foundry industries worldwide. It operates in two segments, steel and foundry. The company offers foundry consumables and equipment, including binders, melt shop refractories, coatings, filtration and gating systems, metallurgical and pouring control systems, feeding systems, die dressings and coatings, melt treatment products, crucibles, and ceramics for iron, steel, and nonferrous foundries.
Vesuvias has several subsidiaries across the globe. They are Vesuvius U K Ltd (U.K), Cookson Singapore Pte Ltd (Singapore), Vesuvius Holding Italia - Societa' A Responsabilita' Limitata (Italy), Enthone-OMI, Inc. (U.S). The company has 80 manufacturing plants currently located in U.S, U.K, India, China and among others. There are 7 Research and development centers across the globe. The company has its global presence in overall 30 countries.
RHI Magnesita was founded in 1834 and headquartered in Austria, Europe. RHI Magnesita N.V. is one of the global leaders in providing and selling refractory products that are used in high-temperature industrial processes worldwide. Moreover, it is engaged in providing solutions for various furnaces, domes and deltas, ladles, AOD converters, valves and valve seats, caps and plugs, isostatic refractory products, tundish materials, and slide gate refractories and systems. The company is also into providing dolomite-magnesia, alumina silicate, and mortars for the cement industry, shaped products based on silicon carbide, magnesia, zirconium, fireclay, and alumina, refractories, high-temperature insulation, and ceramic and metallic anchoring systems and unshaped
The company has its subsidiaries namely, Zircoa, Inc. (U.S.), Magnesita Refratários S.A. (Brazil), Didier-Werke AG (Germany). The company operates in various regions, some of them are Canada, Iceland, Russia, Suden and among others.
Saint Gobain S.A.:
Saint Gobain S.A. was founded in 1665 and headquartered in Paris, France; Saint Gobain S.A designs, develops and manufactures building materials. The company operates through three segments namely innovative material, construction product and building distribution. The innovative material segment comprises of flat glass and high-performance materials. Under the high performance materials segment, refractory products are available which are extensively used in glass and ceramic industry. The construction product segment designs and manufactures innovative solutions for interior and exterior building to improve the quality of living spaces. The building distribution segment has a network of brands and companies which serves the renovation and the new building and home improvement markets. These refractory products are offered by the company which are significantly used in automobile, building, chemical, defense and security, metallurgy, industrial and other sectors.
Saint Gobain has many subsidiaries across the globe. Some of them are CertainTeed Corporation (U.S), Placoplatre (France), Jewson (U.K) and Telhanorte (Brazil). Its research and development center is located in Massachusetts, U.S. The manufacturing locations are in France, China and India. The company has its presence in 67 countries which includes India, Sri Lanka, Bangladesh, Russia, Ukraine, Poland, Romania, Bulgaria, Turkey, Switzerland, Brazil, Argentina, Chile, Mexico, U.S., Colombia, Venezuela, Ecuador, China, France, Peru and others.
Global Refractories Market - Industry Trends and Forecast to 2027
Russia Refractories Market – Industry Trends and Forecast to 2027
North America Refractories Market – Industry Trends and Forecast to 2027
Europe Refractories Market – Industry Trends and Forecast to 2027
Asia-Pacific Refractories Market – Industry Trends and Forecast to 2027