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The Global Refractory Materials Market is expected to grow by 9.23 mn MT during 2021-2025, progressing at a CAGR of almost 4% during the forecast period

ReportLinker
·3-min read

Global Refractory Materials Market 2021-2025 The analyst has been monitoring the refractory materials market and it is poised to grow by 9. 23 mn MT during 2021-2025, progressing at a CAGR of almost 4% during the forecast period.

New York, April 26, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Refractory Materials Market 2021-2025" - https://www.reportlinker.com/p04405231/?utm_source=GNW
Our report on 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing production capacity developments in the steel industry and the increase in R&D activities by vendors. In addition, increasing production capacity developments in the steel industry is anticipated to boost the growth of the market as well.
The refractory materials market analysis includes type segment, application segment, and geographic landscape.

The refractory materials market is segmented as below:
By Type
• Clay and others
• Non-clay

By Application
• Iron and steel
• Non-metallic materials
• Non-ferrous metals
• Others

By Geography
• APAC
• Europe
• North America
• MEA
• South America

This study identifies the increase in demand for steel from end-user industries as one of the prime reasons driving the refractory materials market growth during the next few years.

The analyst 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. Our report on refractory materials market covers the following areas:
• Refractory materials market sizing
• Refractory materials market forecast
• Refractory materials market industry analysis

This 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 ArcelorMittal SA, Compagnie de Saint-Gobain SA, CoorsTek Inc., HarbisonWalker International Inc., Imerys SA, Krosaki Harima Corp., Morgan Advanced Materials Plc, Refratechnik Holding GmbH, RHI Magnesita GmbH, 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 analyst 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. Technavio’s 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.
Read the full report: https://www.reportlinker.com/p04405231/?utm_source=GNW

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