Global Refractory Materials Market to grow at a CAGR of 3.74% during 2016-2020: MarketResearchReports.Biz

MarketResearchReports.Biz has announced addition of new report “Global Refractory Materials Market 2016-2020” to its database.


Albany, NY -- (SBWIRE) -- 12/07/2016 -- About Refractory Materials

Refractory materials are heat-resistant materials that are used in the coatings and linings of high-temperature furnaces, incinerators, kilns, and reactors, and as heat-resistant walls. They protect refractory units from corrosion, erosion, heat damage, and oxidation. They are also used in manufacturing crucibles and molds for application in the casting of glass and metals. The flame deflector systems that are used in rocket launch structures also use refractory materials.

Technavios analysts forecast the global refractory materials market to grow at a CAGR of 3.74% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global refractory materials market for 2016-2020. To calculate the market size, the report considers the revenue generated from end users/applications including the iron and steel, non-ferrous, cement, power, glass, and other non-metal industries in the key regions of the world.

The market is divided into the following segments based on geography:

North America

Technavio's report, Global Refractory Materials Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Magnesita Refratarios
Minteq International

Other prominent vendors
Chosun Refractories
Krosaki Harima
Morgan Advanced Materials
Puyang Refractories
Resco Products
Shinagawa Refractories

Market driver
Growth of end-user industries, mainly glass and cement industries
For a full, detailed list, view our report

Market challenge
Fluctuating cost of raw materials
For a full, detailed list, view our report

Market trend
Increased number of mergers and acquisitions and other growth strategies
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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