In 2019, the global Refractories market was estimated at 47,422 thousand tons and is expected to grow to 55,113 thousand tons in 2026 with a growth rate of 4% over this period. Asia Pacific is the most significant revenue contributor in the global refractories market. The region is expected to witness significant developments in the refractories market. This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the materials, applications, and regions. The global market data on refractories can be segmented by materials: clay, and nonclay. The clay segment held the largest market share in 2019. However, the nonclay segment is expected to witness the highest CAGR during the forecast period. Refractories market is further segmented by applications: iron & steel, nonferrous metals, nonmetallic minerals, and others. In 2019, the iron & steel segment held the largest share of the market, and the nonferrous metals segment is anticipated to register the highest CAGR during 2020–2026.
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The study provides historical market data (2016-2019) and forecasts from 2020 till 2026. The market size and estimations are provided in terms of volume (thousand tons) considering 2019 as base year and market forecast will be given from 2020 to 2026. The data-centric report focuses on market trends, status and outlook for segments, and future growth. With comprehensive market assessment across the major geographies such as Asia Pacific, Eastern Europe, Middle East and Africa (MEA), North America, South America, and Western Europe the report is a valuable asset for the existing players, new entrants and the future investors. Why buy this report? - Get a detailed picture of the Global Refractories Market - Identify segments/areas to invest in over the forecast period in the Global Refractories Market - Understand the competitive environment, the market’s leading players