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$Boiler Refractory Material Market$

Global Boiler Refractory Material Market Share, Analysis: By Chemical Nature: Acidic, Base or Alkaline, Neutral; By Type: Fireclay Refractories, High-Alumina Refractories, Silica Refractories, Basic Refractories, Insulating Refractories, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032

Global Boiler Refractory Material Market Outlook

The global market for boiler refractory material is expected to grow at a CAGR of about 3.50% in the forecast period of 2024-2032, owing to the growing subsea drilling activities.

$boiler refractory material market$

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Asia Pacific to be a Dominant Regional Market for Boiler Refractory Material

Asia Pacific is anticipated to be a dominant region for boiler refractory material market. Countries such as China and India in the region are the fastest-growing markets for boiler refractory material due to the increase in usage of refractories in cement, iron and steel, glass, non-ferrous metals, and other industries. The market in other countries in Southeast Asia such as Indonesia, Malaysia, Thailand, and Vietnam have also been expanding rapidly due to the rise in demand for iron and steel, cement, and glass. The proliferating demand for iron and steel from various end-use sectors such as industrial, construction infrastructure, automotive, and others, have led the iron and steel manufacturers to increase their production capacities where refractory material are widely used for temperature stability purposes. According to a report published by India Brands Equity Foundation (IBEF), India’s finished steel consumption is anticipated to increase to 230 metric tonnes by 2030-2031 from 86.3 metric tonnes in FY22 (till January). In addition to this, China's cement manufacturing sector is increasing rapidly which has forced the refractory material manufacturers to produce high quality refractory material for high temperature applications in kilns, furnaces, and incinerators.

Market Segmentations

$boiler refractory material market by segments$

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Refractory materials are those that are resistant to decomposition due to heat, pressure, or chemicals. Non-metallic or ceramic materials that are inorganic, heterogeneous, and porous, are used in the refractories sector. Refractories are used to line furnaces and acidic linings. They are used as kiln lining materials and as insulation to withstand high temperatures. Alpha-alumina, silicon dioxide bricks, aluminium oxide bricks, calcined alumina, white fused alumina, brown fused alumina, and other refractory materials are also used.

Based on chemical nature, the market can be divided into:

Acidic
Base or Alkaline
Neutral

The various types of boiler refractory materials in the boiler refractory material market are:

Fireclay Refractories
High-Alumina Refractories
Silica Refractories
Basic Refractories
Insulating Refractories
Others

The regional markets for boiler refractory material can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.

$boiler refractory material market by region$

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Increase in the Number of Power Plants Augmenting the Market Growth

The increasing demand for electricity worldwide has triggered a high demand for new power plants. An increasing number of conventional power plants around the world are stimulating high growth in the global boiler refractory material market. Technological advancements in material sciences and chemical sciences have positively influenced the global material market in the past few years. Integration and adoption of new and emerging technologies, such as artificial intelligence (AI) and machine learning (MI), to aid in the manufacturing and distribution processes, is also anticipated to add to the market growth in the years to come. Other factors complementing the upward trajectory of the global market include rising urbanisation, increasing globalisation, and increasing demands from emerging and developing economies. Further, the growth of end-user industries such as iron and steel and the increase in demand for high-performance furnaces and boilers are expected to drive the global boiler refractory material market in the coming years.

Key Players in the Global Boiler Refractory Material Market

The report gives a detailed analysis of the following key players in the global boiler refractory material market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

Green India Technologies
TRL Krosaki
Delta Refractories, Inc.
Resco Products, Inc.
CALDERYS France S.A.S.
Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report

REPORT FEATURES	DETAILS
Base Year	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Scope of the Report	Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment: Chemical Nature Type Region
Breakup by Chemical Nature	Acidic Base or Alkaline Neutral
Breakup by Type	Fireclay Refractories High-Alumina Refractories Silica Refractories Basic Refractories Insulating Refractories Others
Breakup by Region	North America United States of America Canada Europe United Kingdom Germany France Italy Others Asia Pacific China Japan India ASEAN Australia Others Latin America Brazil Argentina Mexico Others Middle East and Africa Saudi Arabia United Arab Emirates Nigeria South Africa Others
Market Dynamics	SWOT Porter's Five Forces Key Indicators for Demand Key Indicators for Price
Competitive Landscape	Market Structure Company Profiles Company Overview Product Portfolio Demographic Reach and Achievements Certifications
Companies Covered	Green India Technologies TRL Krosaki Delta Refractories, Inc. Resco Products, Inc. CALDERYS France S.A.S. Others
Report Price and Purchase Option	Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format	Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1   Preface
2   Report Coverage – Key Segmentation and Scope
3   Report Description
   3.1   Market Definition and Outlook
   3.2   Properties and Applications
   3.3   Market Analysis
   3.4   Key Players
4   Key Assumptions
5   Executive Summary
   5.1   Overview
   5.2   Key Drivers
   5.3   Key Developments
   5.4   Competitive Structure
   5.5   Key Industrial Trends
6   Market Snapshot
   6.1   Global
   6.2   Regional
7   Opportunities and Challenges in the Market
8   Global Boiler Refractory Material Market Analysis
   8.1   Key Industry Highlights
   8.2   Global Boiler Refractory Material Historical Market (2018-2023)
   8.3   Global Boiler Refractory Material Market Forecast (2024-2032)
   8.4   Global Boiler Refractory Material Market by Chemical Nature
       8.4.1   Acidic
           8.4.1.1 Historical Trend (2018-2023)
           8.4.1.2 Forecast Trend (2024-2032)
       8.4.2   Base or Alkaline
           8.4.2.1 Historical Trend (2018-2023)
           8.4.2.2 Forecast Trend (2024-2032)
       8.4.3   Neutral
           8.4.3.1 Historical Trend (2018-2023)
           8.4.3.2 Forecast Trend (2024-2032)
   8.5   Global Boiler Refractory Material Market by Type
       8.5.1   Fireclay Refractories
           8.5.1.1 Historical Trend (2018-2023)
           8.5.1.2 Forecast Trend (2024-2032)
       8.5.2   High-Alumina Refractories
           8.5.2.1 Historical Trend (2018-2023)
           8.5.2.2 Forecast Trend (2024-2032)
       8.5.3   Silica Refractories
           8.5.3.1 Historical Trend (2018-2023)
           8.5.3.2 Forecast Trend (2024-2032)
       8.5.4   Basic Refractories
           8.5.4.1 Historical Trend (2018-2023)
           8.5.4.2 Forecast Trend (2024-2032)
       8.5.5   Insulating Refractories
           8.5.5.1 Historical Trend (2018-2023)
           8.5.5.2 Forecast Trend (2024-2032)
       8.5.6   Others
   8.6   Global Boiler Refractory Material Market by Region
       8.6.1   North America
           8.6.1.1 Historical Trend (2018-2023)
           8.6.1.2 Forecast Trend (2024-2032)
       8.6.2   Europe
           8.6.2.1 Historical Trend (2018-2023)
           8.6.2.2 Forecast Trend (2024-2032)
       8.6.3   Asia Pacific
           8.6.3.1 Historical Trend (2018-2023)
           8.6.3.2 Forecast Trend (2024-2032)
       8.6.4   Latin America
           8.6.4.1 Historical Trend (2018-2023)
           8.6.4.2 Forecast Trend (2024-2032)
       8.6.5   Middle East and Africa
           8.6.5.1 Historical Trend (2018-2023)
           8.6.5.2 Forecast Trend (2024-2032)
9   North America Boiler Refractory Material Market Analysis
   9.1   United States of America
       9.1.1 Historical Trend (2018-2023)
       9.1.2 Forecast Trend (2024-2032)
   9.2   Canada
       9.2.1 Historical Trend (2018-2023)
       9.2.2 Forecast Trend (2024-2032)
10   Europe Boiler Refractory Material Market Analysis
   10.1   United Kingdom
       10.1.1 Historical Trend (2018-2023)
       10.1.2 Forecast Trend (2024-2032)
   10.2   Germany
       10.2.1 Historical Trend (2018-2023)
       10.2.2 Forecast Trend (2024-2032)
   10.3   France
       10.3.1 Historical Trend (2018-2023)
       10.3.2 Forecast Trend (2024-2032)
   10.4   Italy
       10.4.1 Historical Trend (2018-2023)
       10.4.2 Forecast Trend (2024-2032)
   10.5   Others
11   Asia Pacific Boiler Refractory Material Market Analysis
   11.1   China
       11.1.1 Historical Trend (2018-2023)
       11.1.2 Forecast Trend (2024-2032)
   11.2   Japan
       11.2.1 Historical Trend (2018-2023)
       11.2.2 Forecast Trend (2024-2032)
   11.3   India
       11.3.1 Historical Trend (2018-2023)
       11.3.2 Forecast Trend (2024-2032)
   11.4   ASEAN
       11.4.1 Historical Trend (2018-2023)
       11.4.2 Forecast Trend (2024-2032)
   11.5   Australia
       11.5.1 Historical Trend (2018-2023)
       11.5.2 Forecast Trend (2024-2032)
   11.6   Others
12   Latin America Boiler Refractory Material Market Analysis
   12.1   Brazil
       12.1.1 Historical Trend (2018-2023)
       12.1.2 Forecast Trend (2024-2032)
   12.2   Argentina
       12.2.1 Historical Trend (2018-2023)
       12.2.2 Forecast Trend (2024-2032)
   12.3   Mexico
       12.3.1 Historical Trend (2018-2023)
       12.3.2 Forecast Trend (2024-2032)
   12.4   Others
13   Middle East and Africa Boiler Refractory Material Market Analysis
   13.1   Saudi Arabia
       13.1.1 Historical Trend (2018-2023)
       13.1.2 Forecast Trend (2024-2032)
   13.2   United Arab Emirates
       13.2.1 Historical Trend (2018-2023)
       13.2.2 Forecast Trend (2024-2032)
   13.3   Nigeria
       13.3.1 Historical Trend (2018-2023)
       13.3.2 Forecast Trend (2024-2032)
   13.4   South Africa
       13.4.1 Historical Trend (2018-2023)
       13.4.2 Forecast Trend (2024-2032)
   13.5   Others
14   Market Dynamics
   14.1   SWOT Analysis
       14.1.1   Strengths
       14.1.2   Weaknesses
       14.1.3   Opportunities
       14.1.4   Threats
   14.2   Porter’s Five Forces Analysis
       14.2.1   Supplier’s Power
       14.2.2   Buyer’s Power
       14.2.3   Threat of New Entrants
       14.2.4   Degree of Rivalry
       14.2.5   Threat of Substitutes
   14.3   Key Indicators for Demand
   14.4   Key Indicators for Price
15   Value Chain Analysis
16   Competitive Landscape
   16.1   Market Structure
   16.2   Company Profiles
       16.2.1   Green India Technologies
           16.2.1.1   Company Overview
           16.2.1.2   Product Portfolio
           16.2.1.3   Demographic Reach and Achievements
           16.2.1.4   Certifications
       16.2.2   TRL Krosaki
           16.2.2.1   Company Overview
           16.2.2.2   Product Portfolio
           16.2.2.3   Demographic Reach and Achievements
           16.2.2.4   Certifications
       16.2.3   Delta Refractories, Inc.
           16.2.3.1   Company Overview
           16.2.3.2   Product Portfolio
           16.2.3.3   Demographic Reach and Achievements
           16.2.3.4   Certifications
       16.2.4   Resco Products, Inc.
           16.2.4.1   Company Overview
           16.2.4.2   Product Portfolio
           16.2.4.3   Demographic Reach and Achievements
           16.2.4.4   Certifications
       16.2.5   CALDERYS France S.A.S.
           16.2.5.1   Company Overview
           16.2.5.2   Product Portfolio
           16.2.5.3   Demographic Reach and Achievements
           16.2.5.4   Certifications
       16.2.6   Others
17   Key Trends and Developments in the Market

List of Key Figures and Tables

1.   Global Boiler Refractory Material Market: Key Industry Highlights, 2018 and 2032
2.   Global Boiler Refractory Material Historical Market: Breakup by Chemical Nature (USD Million), 2018-2023
3.   Global Boiler Refractory Material Market Forecast: Breakup by Chemical Nature (USD Million), 2024-2032
4.   Global Boiler Refractory Material Historical Market: Breakup by Type (USD Million), 2018-2023
5.   Global Boiler Refractory Material Market Forecast: Breakup by Type (USD Million), 2024-2032
6.   Global Boiler Refractory Material Historical Market: Breakup by Region (USD Million), 2018-2023
7.   Global Boiler Refractory Material Market Forecast: Breakup by Region (USD Million), 2024-2032
8.   North America Boiler Refractory Material Historical Market: Breakup by Country (USD Million), 2018-2023
9.   North America Boiler Refractory Material Market Forecast: Breakup by Country (USD Million), 2024-2032
10.   Europe Boiler Refractory Material Historical Market: Breakup by Country (USD Million), 2018-2023
11.   Europe Boiler Refractory Material Market Forecast: Breakup by Country (USD Million), 2024-2032
12.   Asia Pacific Boiler Refractory Material Historical Market: Breakup by Country (USD Million), 2018-2023
13.   Asia Pacific Boiler Refractory Material Market Forecast: Breakup by Country (USD Million), 2024-2032
14.   Latin America Boiler Refractory Material Historical Market: Breakup by Country (USD Million), 2018-2023
15.   Latin America Boiler Refractory Material Market Forecast: Breakup by Country (USD Million), 2024-2032
16.   Middle East and Africa Boiler Refractory Material Historical Market: Breakup by Country (USD Million), 2018-2023
17.   Middle East and Africa Boiler Refractory Material Market Forecast: Breakup by Country (USD Million), 2024-2032
18.   Global Boiler Refractory Material Market Structure.

Key Questions Answered in the Report

What is the growth rate of the global boiler refractory material market?

The global boiler refractory material market is projected to grow at a CAGR of 3.50% between 2024 and 2032.

What are the major industry drivers?

The major drivers of the market include the growing manufacturing sector, technological advancements in material sciences and chemical sciences, rising urbanisation, increasing globalisation, increasing demands from emerging and developing economies, and increase in demand for high-performance furnaces and boilers.

What are the key industry trends of the global boiler refractory material market?

An increase in the number of power plants and the growth of end-user industries such as iron and steel are the key industry trends propelling the growth of the market.

What are the major regional markets of the boiler refractory material, according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the segments based on chemical nature in the market?

Based on chemical nature, the market includes acidic, base or alkaline, and neutral.

What are the various types of boiler refractory materials in the market?

The various types of boiler refractory materials in the market are fireclay refractories, high-alumina refractories, silica refractories, basic refractories, and insulating refractories, among others.

Who are the key industry players, according to the report?

The major players in the industry are Green India Technologies, TRL Krosaki, Delta Refractories, Inc., Resco Products, Inc., and CALDERYS France S.A.S., among others.

Analyst Review

The global boiler refractory material market was driven by the increase in the number of power plants in the historical period. Aided by the technological advancements in material sciences and chemical sciences and growth of end-user industries such as iron and steel, the market is expected to grow at a CAGR of 3.50% in the forecast period of 2024-2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on chemical nature, the market includes acidic, base or alkaline, and neutral. The various types of boiler refractory materials in the market are fireclay refractories, high-alumina refractories, silica refractories, basic refractories, and insulating refractories, among others. The major regional markets for boiler refractory material are North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa. The key players in the above market are Green India Technologies, TRL Krosaki, Delta Refractories, Inc., Resco Products, Inc., and CALDERYS France S.A.S., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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