In-Depth Refractory Products Market Global Analysis and Forecasts 2015 – 2019

Global Refractory Products Market 2015-2019 report is the latest addition to RnRMarketResearch.com industry research reports collection. The report is about 70 pages and provides Table of Contents; the report is published in Nov -2015.

Refractory products market is expected to multiply and post a CAGR of close to 4% during the forecast period. Refractories are construction materials that act as heat-resistant walls, coatings, or linings to protect units from oxidation, corrosion, erosion, and heat damage. These materials are widely used in the steel, non-ferrous metals, glass, power, cement, petrochemicals, and waste incineration industries.

Complete report available http://www.rnrmarketresearch.com/global-refractory-products-market-2015-2019-market-report.html

As of 2014, APAC, Europe, and the Americas lead the global refractory materials market, with APAC contributing the largest market share of over 70%. This growth in the APAC region is due to high growth in the construction, mining, and manufacturing industries in developing countries, namely, China, India, and Indonesia. The growth in the manufacturing and infrastructure industries have increased the need for iron, steel, and cement production, thus boosting the demand for heat-resistant refractory materials for their construction purposes. In 2014, China accounted for almost 60% of the total cement production, followed by India.

Segmentation of the refractory products market by form type

• Bricks and others

• Monolithic

Bricks and other refractory materials dominate the market by form type, accounting for a market share of close to 59% in 2014. The increasing demand for refractory materials in downstream manufacturing, involving processing of materials collected during the upstream stage into a finished product and energy production industries drive the bricks and other refractories market.

Segmentation of the refractory products market by material type

• Clay and others

• Non-clay

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