ChangXing Refractory is a Chinese leading refractory and oil fracturing proppant manufacturer & supplier with a wide range industries in high temperature.The volume of refractories consumed is projected to rise in the USA, Western Europe, and Japan following an extended period of decline, as economic conditions strengthen in these areas and output of ferrous metals and other refractories-using products rebounds. Output gains in these areas are more likely to result in higher refractories demand because the manufacturing techniques used are already so efficient that it will be much difficult to reduce refractories consumption on a per unit output basis than in less developed countries. Due to their greater use of more costly, high-quality products, the US, Western Europe, and Japan will account for a larger share of the world refractories market in dollar terms in 2020 than they will in tonnage.
The world average consumption of refractories per tonne crude steel was 15 kg/t in 2014, while China‘s average was 20 kg/t. The growing demand for refractories in the Asia-Pacific region is the major driving factor of the market. Twenty years ago, glass consumed 11–13 kg/t of refractories, a figure that has dropped to 4,5–5,5 kg/t today. Steel, on the other hand, has reduced consumption from 30 kg/t in 1980 to 10 kg/t today. Strong growth in emerging markets is the main driving force for the refractories market. In addition, high demand from the glass industry is also expected.
Globally glass industry consumes 0,75–1 Mt/a of refractories, far less than steel. The demand for higher-performance refractories such as magnesia-zircon is increasing. Over 95 % of refractories used in the glass industry are shaped. Monolithics are used in combination with shapes. Environmental concerns prove to be the major restraint for the refractories market. Moreover, because of moderation in raw material costs and refractories prices, growth is restricted.
Lastly, the report is divided by geography – North America, Europe, Asia-Pacific (APAC), South America and Middle-East and Africa (MEA); where in the market share of each region is analyzed and estimates are provided for the next 6 years.Chinafirebrick provides refractory products, calcium silicate products, castable & mortar, fire brick, ladle & tundish nozzle, ceramic fiber with high quality for you.