Global Refractories Market Research Report (2020 to 2026) - by End-use Industry, Manufacturing Process, Form and Region - ResearchAndMarkets.com

The "Refractories Market Research Report by End-Use Industry, by Manufacturing Process, by Form, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Refractories Market size was estimated at USD 21.64 Billion in 2020 and expected to reach USD 22.87 Billion in 2021, at a Compound Annual Growth Rate (CAGR) 6.00% to reach USD 30.71 Billion by 2026.

Cumulative Impact of COVID-19:

COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. This ongoing research amplifies this research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Refractories Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Refractories Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Refractories Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Refractories Market?

4. What is the competitive strategic window for opportunities in the Global Refractories Market?

5. What are the technology trends and regulatory frameworks in the Global Refractories Market?

6. What is the market share of the leading vendors in the Global Refractories Market?

7. What modes and strategic moves are considered suitable for entering the Global Refractories Market?

Market Dynamics

Drivers

• Increasing demand from iron and steel industry
• Growing infrastructure developments
• Increasing use in cement production

Restraints

• Growing environmental concern

Opportunities

• Emergence of recycling of refractories
• Expanding collective use of refractories and furnaces across various industries

Challenges

• Major dependence on iron & steel industry as well as China's raw material

Companies Mentioned

• Allied Minerals Products
• Almatis GmbH
• Alteo Holding
• Aluchem
• Cerco
• Chosun Refractories
• Coorstek Incorporated
• Corning Incorporated
• Harbisonwalker International
• IFGL Refractories
• Imerys
• Krosaki Harima
• Lhoist
• Liaoning Qinghua Refractories Co. Ltd.
• Magnezit Group
• Minteq International
• Morgan Advanced Materials
• Puyang Refractories Group
• Refractechnik Holding GmbH
• Resco Products
• RHI Magnesita
• Ruitai Materials Technology
• Saint-Gobain
• Shinagawa Refractories
• Vesuvius
• Zhejiang Zili Advanced Materials

For more information about this report visit https://www.researchandmarkets.com/r/lj46b7

View source version on businesswire.com: https://www.businesswire.com/news/home/20210726005379/en/