Europe Refractory Material Market Research Report, 2029
The Europe Refractory Material Market is segmented into By Form (Shaped and Unshaped), By Chemistry (Basic, Acidic and Neutral), By Chemical Composition (Fireclay, Alumina, Magnesia, Silica and Others) and By End Use (Metals & Metallurgy, Cement, Glass & Ceramics, Power Generation and Others).
- Actual Market Research
- 02-10-2024
- Pages : 97
- Figures : 15
- Tables : 37
- Region : Europe
- Category : Chemical & Material
- Materials
Europe's refractory material market is expected to exceed USD 5.48 billion by 2029, driven by increasing applications in the automotive and energy industries.
- Historical Period2018-2022
- Base Year2023
- Forecast Period2024-2029
- Market Size (2029) USD 5.49 Billion
- Largest Market Germany
- Fastest Market Spain
- Format
Featured Companies
- 1. Morgan Advanced Materials plc
- 2. Compagnie de Saint-Gobain S.A.
- 3. Tokai Carbon Co., Ltd.
- 4. AGC Inc.
- 5. RHI Magnesita N.V
- More...
Refractory Material Market Analysis
The European refractory material market includes a diverse spectrum of goods intended to withstand high temperatures, abrasion, and chemical corrosion in industrial processes. The thriving steel and cement industries in Europe fuelled the development of refractory materials, which required increasingly complex materials to meet the growing needs of high-temperature operations. In the early twentieth century, refractory technology advanced significantly, including the creation of high-alumina and fundamental refractories. Numerous developments have been introduced into the European refractory material market with the goal of enhancing performance and sustainability. New materials with better qualities, such as higher thermal resistance, greater mechanical strength, and superior chemical stability, have been developed as part of refractory technological advancements. Innovations in refractory linings and coatings have also helped to increased energy efficiency and lower emissions in industrial processes. The incorporation of digital technologies, including as sensors and data analytics, has enabled improved monitoring and management of refractory performance, resulting in more precise and efficient operations. Furthermore, there is a rising emphasis on developing environmentally friendly and sustainable refractory materials, such as those generated from recycled or less hazardous raw materials. The initial phase of the pandemic resulted in considerable decreases in industrial output due to lockdowns and restrictions, resulting in lower demand for refractories in critical industries like as steelmaking and cement manufacturing. However, as economies recovered and industrial activity restarted, demand for refractories rose. According to the research report "European Refractory Material Market Research Report, 2029," published by Actual Market Research, the European refractory material market is expected to reach a market size of more than USD 5,480 Million by 2029. The supply chain for refractory materials in Europe is complex, with multiple tiers of suppliers and distributors. These materials are sourced from both domestic and international suppliers, with companies such as Almatis and Magnesita making significant contributions. Refractory product manufacturers, such as RHI Magnesita and Saint-Gobain, rely on a network of distributors and service providers to provide their products to end users in a variety of industries. Europe imports a large amount of its refractory raw materials from nations outside the region, such as China, India, and the United States. These imports are critical for complementing domestic output and addressing the different demands of the European market. In contrast, Europe is a significant supplier of finished refractory products, with key customers including North America, Asia, and other parts. Strategic collaborations between refractory manufacturers and end-users frequently focus on finding bespoke solutions to specific industrial requirements. Collaboration between research institutions and universities promotes innovation by allowing for joint research and development projects. RHI Magnesita, one of the world's largest players, has a strong presence in Europe, where it provides a diverse range of refractory solutions to a variety of industries. The company is well-known for its diverse product portfolio and technological advances. Vesuvius, which specialises in refractories and molten metal flow management, has a large presence in Europe. The company's competitive advantage stems from its emphasis on performance and technology.
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Download SampleMarket Dynamic
Market Drivers • Industrial Growth: The expansion of essential industries such as steelmaking, cement production, and glass manufacture increases demand for refractory materials. As European economies recover and industrial activity increases, the demand for high-performance refractories that can tolerate harsh conditions develops. • Focus on Energy Efficiency: European rules and industry standards place a premium on sustainability and energy efficiency. Refractory materials that improve energy efficiency and lower emissions are in high demand as industry strive to meet stricter environmental laws. • Technological Advancements: Advances in refractory technology, such as improved ceramics and high-performance composites, are propelling market expansion. These materials provide increased durability, heat resistance, and chemical stability, meeting the changing requirements of high-temperature industrial operations. Market Challenges • Price volatility: Changes in raw material prices affect the cost of refractory products. This volatility can be attributed to variations in global demand, supply constraints, and market speculation. Managing these price variations is still a substantial challenge for producers. • Environmental Regulations: Compliance with severe environmental requirements is a challenge for refractory makers. The sector must adapt to legislation that limit emissions, encourage recycling, and lessen the environmental impact of manufacturing operations. • Economic Uncertainty: Economic fluctuations and uncertainties, such as those caused by trade policies and market conditions, can have an impact on investment in new projects and infrastructure development, hence influencing demand for refractory materials. Market Trends • Digitalisation and Smart Refractories: The use of digital technology like sensors and data analytics is revolutionising the refractory business. Smart refractories that can monitor and report on their performance in real time are becoming increasingly common, improving operational efficiency and lowering maintenance costs. • Increased Use of High-Performance Refractories: High-performance refractories are becoming increasingly popular, driven by the requirement for materials that can endure extreme temperatures and corrosive conditions. This trend is especially noticeable in industries such as steelmaking and nonferrous metallurgy.
Refractory Material Segmentation
| By Form | Shaped | |
| Unshaped | ||
| By Chemistry | Basic | |
| Acidic | ||
| Neutral | ||
| By Chemical Composition | Fireclay | |
| Alumina | ||
| Magnesia | ||
| Silica | ||
| Others | ||
| By End User | Metals & Metallurgy | |
| Cement | ||
| Glass & Ceramics | ||
| Power Generation | ||
| Others | ||
| Europe | Germany | |
| United Kingdom | ||
| France | ||
| Italy | ||
| Spain | ||
| Russia | ||
Shaped refractories dominate the European refractory material market, owing to their established performance, durability, and application-specific advantages. Shaped refractories, such as bricks, tiles, and pre-formed blocks, are commonly utilised in sectors such as steelmaking, cement production, and glass manufacture due to their higher mechanical strength, precise heat resistance, and structural integrity. These features make them perfect for lining high-temperature equipment such as kilns and furnaces, where constant and dependable performance is required. Their capacity to tolerate high temperature and mechanical pressures, combined with their longer lifespan, makes them popular in demanding industrial applications. Shaped refractories are also easier to install and replace, increasing operational efficiency and reducing maintenance downtime. This makes them very useful in continuous production operations where minimising disruptions is critical. Furthermore, advances in the production of shaped refractories have resulted in developments that improve their thermal efficiency and resistance to chemical assault, so solidifying their market position. Saint-Gobain is well-known for its sophisticated refractory solutions, which include high-performance shaped refractories that meet a wide range of industrial needs. The company's emphasis on innovation and sustainability strengthens its competitiveness. Vesuvius, which specialises in refractories and molten metal flow management, offers shaped refractories with tailored solutions for crucial applications in the steel and nonferrous metal industries, demonstrating its leadership in this segment. In the European refractory material market, basic refractories are now outpacing acidic and neutral refractories. The supremacy of basic refractories stems partly from their superior performance in high-temperature and extremely corrosive conditions. Basic refractories, made of magnesia (MgO) or dolomite (CaO•MgO), are ideal for applications requiring resistance to basic slag and excellent thermal stability. This makes them especially advantageous in industries with high demand, such as steelmaking and cement manufacture. The primary advantage of basic refractories is their ability to tolerate hostile chemical conditions and high temperatures without deterioration. They are intended to handle basic slags and molten metals, which are typical in steelmaking processes. Furthermore, the tendency towards higher efficiency and less environmental impact in industrial processes has exacerbated the need for fundamental refractory materials, as they contribute to improved operational performance and lower maintenance costs. HarbisonWalker International, known for its extensive range of refractory solutions, offers high-quality basic refractories to fulfil the needs of a variety of industrial sectors, including steel and cement manufacturing. These companies dominate the market by using their knowledge of basic refractory materials, technological breakthroughs, and a strong commitment to achieving the demanding requirements of high-temperature and corrosive environments. Alumina-based refractories now dominate the European refractory material industry in terms of chemical makeup. Alumina (Al?O?) refractories are selected for their excellent thermal stability, high melting point, and resistance to abrasion and chemical corrosion. These characteristics make alumina-based refractories ideal for high-temperature applications in sectors such as steelmaking, cement production, and glass manufacturing. They are particularly valued in situations with high thermal and mechanical loads, as well as resistance to chemical assaults such as basic and acidic slags. The demand for alumina-based refractories stems from their superior performance in high-demand applications. Alumina refractories have great thermal conductivity, which improves energy efficiency in industrial applications. Furthermore, their toughness and capacity to tolerate extreme operating conditions reduce maintenance requirements while increasing equipment life. These factors help them maintain their market dominance. Saint-Gobain provides a variety of alumina-based refractory solutions noted for their durability and performance. The company's emphasis on innovation and quality distinguishes it as a leading provider of alumina refractories in Europe. Imerys specialises in industrial minerals and manufactures high-performance alumina-based refractories for a wide range of industries. The company's vast product portfolio and experience help it maintain its leadership position in the alumina refractory market. These businesses dominate the European market by utilising their technological competence, diverse product offers, and a strong emphasis on performance and quality in alumina-based refractories. Metals & Metallurgy is the leading end-use sector in the European refractory material industry. This dominance is partly due to the crucial function that refractories play in the steelmaking and non-ferrous metal manufacturing processes, where they are required to line furnaces, converters, and ladles. The metals and metallurgy industry requires refractories with strong thermal resistance, mechanical strength, and chemical resistance, making them critical for ensuring efficient and dependable operations in high-temperature conditions. Refractories are important in this area for a variety of reasons. First, they maintain the structural integrity of high-temperature equipment, such as electric arc furnaces and blast furnaces, by enduring harsh conditions and decreasing wear and tear. Second, they help to increase energy efficiency by boosting thermal insulation and lowering heat loss. Finally, enhanced refractories reduce downtime and maintenance expenses, which is critical for continuous operations. Vesuvius, which is well-known for its specialised solutions in molten metal flow control and refractory linings, provides sophisticated products that improve performance and efficiency in the metal industry. Its commitment to innovation and technology supports its market leadership. HarbisonWalker International offers a diverse range of refractory products for a variety of industrial applications, including metals and metallurgy. Their high-quality refractories are engineered to endure the harsh conditions of metal manufacturing operations. These firms dominate the European refractory market by providing high-performance solutions customised to the demanding needs of the metals and metallurgy industries.
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Refractory Material Market Regional Insights
Germany leads the European refractory material market thanks to its excellent industrial infrastructure and powerful manufacturing capabilities. Germany's position as a refractory material market leader is due to its strong steel and metallurgy sectors, which are important consumers of refractory products. The country's substantial industrial base includes huge steel mills, cement plants, and glass production facilities, all of which rely on high-performance refractories for operational efficiency and durability. Germany's leadership is further strengthened by its emphasis on technological innovation and excellent manufacturing standards. German businesses are well-known for their cutting-edge refractory technologies, which include innovative alumina and magnesia-based materials that meet the rigorous requirements of high-temperature operations. The country's investment in R&D has resulted in novel refractory solutions that improve performance and extend the life of industrial equipment. Furthermore, Germany's geographical location in Central Europe gives it a logistical edge for shipping refractory materials across the continent. The country's well-developed transport infrastructure enables efficient transit of commodities, bolstering its position as a major supplier and exporter of refractory materials in Europe. Krosaki Harima, a key leader in the refractory business, has a significant presence in Germany, providing a diverse variety of refractory products and solutions for high-temperature applications. Refratechnik, headquartered in Germany, is a well-known maker of refractory materials for the steel and cement industries.
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Key Development
• In October 2017, RHI Magnesita, a global leader in refractory products, acquired HarbisonWalker International, increasing its market presence and product range in Europe. This strategic acquisition strengthened RHI Magnesita's ability to provide comprehensive refractory solutions for a variety of high-temperature applications. • In February 2021, CERAME-UNIE introduced updated industry standards for refractory materials, with an emphasis on enhancing product performance and safety. These guidelines were designed to provide consistency in quality and reliability across the European refractory sector. • In October 2022, Vesuvius launched smart refractory systems that use digital technologies for real-time performance monitoring and predictive maintenance. This development sought to improve operational efficiency and extend the life of refractory materials in industrial settings.
Companies Mentioned
- Morgan Advanced Materials plc
- Compagnie de Saint-Gobain S.A.
- Tokai Carbon Co., Ltd.
- AGC Inc.
- RHI Magnesita N.V
- Vesuvius plc
- Oshkosh Corporation
- Haulotte Group
- Manitou Group
- Skyjack Inc.
Table of Contents
- 1. Executive Summary
- 2. Research Methodology
- 2.1. Secondary Research
- 2.2. Primary Data Collection
- 2.3. Market Formation & Validation
- 2.4. Report Writing, Quality Check & Delivery
- 3. Market Structure
- 3.1. Market Considerate
- 3.2. Assumptions
- 3.3. Limitations
- 3.4. Abbreviations
- 3.5. Sources
- 3.6. Definitions
- 4. Economic /Demographic Snapshot
- 5. Global Refractory Material Market Outlook
- 5.1. Market Size By Value
- 5.2. Market Share By Region
- 5.3. Market Size and Forecast, By Form
- 5.4. Market Size and Forecast, By Chemistry
- 5.5. Market Size and Forecast, By Chemical Composition
- 5.6. Market Size and Forecast, By End Use
- 6. Europe Refractory Material Market Outlook
- 6.1. Market Size By Value
- 6.2. Market Share By Country
- 6.3. Market Size and Forecast, By Form
- 6.4. Market Size and Forecast, By Chemistry
- 6.5. Market Size and Forecast, By Chemical Composition
- 6.6. Market Size and Forecast, By End Use
- 7. Market Dynamics
- 7.1. Market Drivers & Opportunities
- 7.2. Market Restraints & Challenges
- 7.3. Market Trends
- 7.3.1. XXXX
- 7.3.2. XXXX
- 7.3.3. XXXX
- 7.3.4. XXXX
- 7.3.5. XXXX
- 7.4. Covid-19 Effect
- 7.5. Supply chain Analysis
- 7.6. Policy & Regulatory Framework
- 7.7. Industry Experts Views
- 7.8. Germany Refractory Material Market Outlook
- 7.8.1. Market Size By Value
- 7.8.2. Market Size and Forecast By Form
- 7.8.3. Market Size and Forecast By Chemistry
- 7.8.4. Market Size and Forecast By Chemical Composition
- 7.8.5. Market Size and Forecast By End Use
- 7.9. United Kingdom Refractory Material Market Outlook
- 7.9.1. Market Size By Value
- 7.9.2. Market Size and Forecast By Form
- 7.9.3. Market Size and Forecast By Chemistry
- 7.9.4. Market Size and Forecast By Chemical Composition
- 7.9.5. Market Size and Forecast By End Use
- 7.10. France Refractory Material Market Outlook
- 7.10.1. Market Size By Value
- 7.10.2. Market Size and Forecast By Form
- 7.10.3. Market Size and Forecast By Chemistry
- 7.10.4. Market Size and Forecast By Chemical Composition
- 7.10.5. Market Size and Forecast By End Use
- 7.11. Italy Refractory Material Market Outlook
- 7.11.1. Market Size By Value
- 7.11.2. Market Size and Forecast By Form
- 7.11.3. Market Size and Forecast By Chemistry
- 7.11.4. Market Size and Forecast By Chemical Composition
- 7.11.5. Market Size and Forecast By End Use
- 7.12. Spain Refractory Material Market Outlook
- 7.12.1. Market Size By Value
- 7.12.2. Market Size and Forecast By Form
- 7.12.3. Market Size and Forecast By Chemistry
- 7.12.4. Market Size and Forecast By Chemical Composition
- 7.12.5. Market Size and Forecast By End Use
- 7.13. Russia Refractory Material Market Outlook
- 7.13.1. Market Size By Value
- 7.13.2. Market Size and Forecast By Form
- 7.13.3. Market Size and Forecast By Chemistry
- 7.13.4. Market Size and Forecast By Chemical Composition
- 7.13.5. Market Size and Forecast By End Use
- 8. Competitive Landscape
- 8.1. Competitive Dashboard
- 8.2. Business Strategies Adopted by Key Players
- 8.3. Key Players Market Positioning Matrix
- 8.4. Porter's Five Forces
- 8.5. Company Profile
- 8.5.1. Compagnie de Saint-Gobain S.A.
- 8.5.1.1. Company Snapshot
- 8.5.1.2. Company Overview
- 8.5.1.3. Financial Highlights
- 8.5.1.4. Geographic Insights
- 8.5.1.5. Business Segment & Performance
- 8.5.1.6. Product Portfolio
- 8.5.1.7. Key Executives
- 8.5.1.8. Strategic Moves & Developments
- 8.5.2. AGC Inc.
- 8.5.3. RHI Magnesita N.V.
- 8.5.4. IMERYS S.A.
- 8.5.5. Morgan Advanced Materials plc
- 8.5.6. Vesuvius plc
- 8.5.7. Lhoist Group
- 8.5.8. HÖGanÄS Borgestad Ab
- 8.5.9. IFGL Refractories Ltd.
- 8.5.10. CoorsTek, Inc.
- 9. Strategic Recommendations
- 10. Annexure
- 10.1. FAQ`s
- 10.2. Notes
- 10.3. Related Reports
- 11. Disclaimer
Table 2: Top 10 Counties Economic Snapshot 2022
Table 3: Economic Snapshot of Other Prominent Countries 2022
Table 4: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 5: Global Refractory Material Market Size and Forecast, By Form (2019 to 2029F) (In USD Billion)
Table 6: Global Refractory Material Market Size and Forecast, By Chemistry (2019 to 2029F) (In USD Billion)
Table 7: Global Refractory Material Market Size and Forecast, By Chemical Composition (2019 to 2029F) (In USD Billion)
Table 8: Global Refractory Material Market Size and Forecast, By End Use (2019 to 2029F) (In USD Billion)
Table 9: Europe Refractory Material Market Size and Forecast, By Form (2019 to 2029F) (In USD Billion)
Table 10: Europe Refractory Material Market Size and Forecast, By Chemistry (2019 to 2029F) (In USD Billion)
Table 11: Europe Refractory Material Market Size and Forecast, By Chemical Composition (2019 to 2029F) (In USD Billion)
Table 12: Europe Refractory Material Market Size and Forecast, By End Use (2019 to 2029F) (In USD Billion)
Table 13: Influencing Factors for Refractory Material Market, 2023
Table 14: Germany Refractory Material Market Size and Forecast By Form (2019 to 2029F) (In USD Billion)
Table 15: Germany Refractory Material Market Size and Forecast By Chemistry (2019 to 2029F) (In USD Billion)
Table 16: Germany Refractory Material Market Size and Forecast By Chemical Composition (2019 to 2029F) (In USD Billion)
Table 17: Germany Refractory Material Market Size and Forecast By End Use (2019 to 2029F) (In USD Billion)
Table 18: United Kingdom Refractory Material Market Size and Forecast By Form (2019 to 2029F) (In USD Billion)
Table 19: United Kingdom Refractory Material Market Size and Forecast By Chemistry (2019 to 2029F) (In USD Billion)
Table 20: United Kingdom Refractory Material Market Size and Forecast By Chemical Composition (2019 to 2029F) (In USD Billion)
Table 21: United Kingdom Refractory Material Market Size and Forecast By End Use (2019 to 2029F) (In USD Billion)
Table 22: France Refractory Material Market Size and Forecast By Form (2019 to 2029F) (In USD Billion)
Table 23: France Refractory Material Market Size and Forecast By Chemistry (2019 to 2029F) (In USD Billion)
Table 24: France Refractory Material Market Size and Forecast By Chemical Composition (2019 to 2029F) (In USD Billion)
Table 25: France Refractory Material Market Size and Forecast By End Use (2019 to 2029F) (In USD Billion)
Table 26: Italy Refractory Material Market Size and Forecast By Form (2019 to 2029F) (In USD Billion)
Table 27: Italy Refractory Material Market Size and Forecast By Chemistry (2019 to 2029F) (In USD Billion)
Table 28: Italy Refractory Material Market Size and Forecast By Chemical Composition (2019 to 2029F) (In USD Billion)
Table 29: Italy Refractory Material Market Size and Forecast By End Use (2019 to 2029F) (In USD Billion)
Table 30: Spain Refractory Material Market Size and Forecast By Form (2019 to 2029F) (In USD Billion)
Table 31: Spain Refractory Material Market Size and Forecast By Chemistry (2019 to 2029F) (In USD Billion)
Table 32: Spain Refractory Material Market Size and Forecast By Chemical Composition (2019 to 2029F) (In USD Billion)
Table 33: Spain Refractory Material Market Size and Forecast By End Use (2019 to 2029F) (In USD Billion)
Table 34: Russia Refractory Material Market Size and Forecast By Form (2019 to 2029F) (In USD Billion)
Table 35: Russia Refractory Material Market Size and Forecast By Chemistry (2019 to 2029F) (In USD Billion)
Table 36: Russia Refractory Material Market Size and Forecast By Chemical Composition (2019 to 2029F) (In USD Billion)
Table 37: Russia Refractory Material Market Size and Forecast By End Use (2019 to 2029F) (In USD Billion)
Figure 2: Market attractiveness Index, By Region 2029
Figure 3: Market attractiveness Index, By Segment 2029
Figure 4: Global Refractory Material Market Size By Value (2019, 2023 & 2029F) (in USD Billion)
Figure 5: Global Refractory Material Market Share By Region (2023)
Figure 6: Europe Refractory Material Market Size By Value (2019, 2023 & 2029F) (in USD Billion)
Figure 7: Europe Refractory Material Market Share By Country (2023)
Figure 8: Germany Refractory Material Market Size By Value (2019, 2023 & 2029F) (in USD Billion)
Figure 9: UK Refractory Material Market Size By Value (2019, 2023 & 2029F) (in USD Billion)
Figure 10: France Refractory Material Market Size By Value (2019, 2023 & 2029F) (in USD Billion)
Figure 11: Italy Refractory Material Market Size By Value (2019, 2023 & 2029F) (in USD Billion)
Figure 12: Spain Refractory Material Market Size By Value (2019, 2023 & 2029F) (in USD Billion)
Figure 13: Russia Refractory Material Market Size By Value (2019, 2023 & 2029F) (in USD Billion)
Figure 14: Competitive Dashboard of top 5 players, 2023
Figure 15: Porter's Five Forces of Global Refractory Material Market
Refractory Material Market Research FAQs
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