iConnectHub

Login/Register

WeChat

For more information, follow us on WeChat

Connect

For more information, contact us on WeChat

Email

You can contact us info@ringiertrade.com

Phone

Contact Us

86-21 6289-5533 x 269

Suggestions or Comments

86-20 2885 5256

Top

ringier-盛鈺精機有限公司

Non-metallic minerals fuel demand for refractories

Source:Ringier Metalworking Release Date:2015-12-28 227
Metalworking
The global refractories market size, in terms of value, is projected to reach US$3.7 Billion by 2020, at a CAGR of 3.9% between 2015 and 2020, according to Markets and Markets.
This growth is fuelled by the high potential from non-metallic minerals industry, increasing global demand for high grades of refractories, and increasing infrastructure development in emerging economies.
 
Shaped refractories: The largest form of refractories 
Owing to the ability to withstand high temperatures, high mechanical strength, high abrasion resistance, and sensible porosity, shaped refractories are used in various industries, majorly in glass, iron & steel, and cement industries. The major applications of these refractories are, as linings in high temperature furnaces, boilers, nuclear reactors, cement kilns, and rotators used in various manufacturing industries such as iron & steel, glass, cement and many more among others, which are expected to drive the market. The growing infrastructural development all across the globe is expected to significantly boost the consumption of shaped refractories in coming future.
 
Iron & Steel: The largest end-use industry for refractories 
The iron & steel industry is the largest end-use industry of refractories globally. As refractories are characterized with lightweight, high temperature sustainability, and robustness, therefore they are ideal for linings and insulation of the high temperature furnaces used in iron & steel industry. Additionally, the increasing infrastructure and construction activities in the developing economies such as India, Brazil, Mexico, Russia, and other economies worldwide are contributing abundantly to the steel consumption and henceforth increasing refractories usage.
Air Max 90 NS GPX
You May Like