Global Refractory Market To Observe Steady Demands From Developed Countries 2014-2019

Share Article has announced the addition of a new research study on the global market of refractory materials, titled Global Refractory Market Trends & Opportunities (2014-2019), to its offering.

The report is an attempt to present an in-depth analysis of the global refractory materials market based upon a micro analysis of various market elements and a macro analysis of the major broad segments of the market. A detailed study of end-use of refractory materials in different industry sectors is also included in the report.

The report assesses the major opportunities and underlying trends in the market, along with a thorough study of factors that are currently driving the market and will drive it during the forecast period which is 2014 to 2019.

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The report segments the global refractory materials market based upon three chief factors: types of refractory materials, major applications of refractory materials and chief regional markets across the globe for refractory materials.

The report also presents a detailed overview of manufacturing processes of refractory materials, and covers details such as the melting points of pure compounds and key materials.

Global Refractory Materials Market: Executive Summary

The report states that the global refractory materials market is growing at a steady pace currently, but it has immense growth potential in the future years through wider acceptance and robust pace of innovation. Refractory materials such as ceramics and refractories, capable of withstanding high temperatures, are porous, nonmetallic, heterogenous and inorganic substances composed of a binder phase, thermally stable mineral aggregate materials and additives. The chief end-users of refractory materials are the glass, steel, non-ferrous and iron industries.

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The report states that a number of factors play important role in allowing the global refractory materials market to hold the position it currently boasts. These include the global rise in production volumes of crude steel, growth of refractory materials market in developing countries such as India and China, and robust expansion of many end-products markets.

However, the market could observe a downward thrust due to certain factors such as rising prices of raw materials in the European Union, technological changes, and low adoption rate of refractory materials from certain end-use segments.

Looking at these facts, the report forecasts that the global refractory materials market has vast growth potential for the future years. While the demand for refractory materials in countries such as will India, China, South Africa, Russia and Brazil will dominate the global market, demand for refractory materials from developed countries will remain constant during the forecast period.

A comprehensive overview of financial strategies, market shares and prospects of major businesses operating in the market is also discussed in the report, through which you can identify major competitors and potential partners in the market.

The chief businesses operating in the global refractory materials market, which are profiled in the report, include Saint Gobain, RHI AG, and Vesuvius plc., amongst others.

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China, the world’s largest silica producer, had silica capacity of 2.20 million tons in 2013, slowing to a year-on-year increase of 8.1% and accounting for 60% of global capacity, of which 2.079 million tons were precipitated silica and 118,000 tons fumed silica, rising by 7.44% and 21.15% from a year earlier, respectively.

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China Antimony Industry Report, 2014-2017

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According to the statistics by USGS, in 2013, up to 163,000 tons of antimony ores were produced globally, of which China contributed 130,000 tons, a figure that took a lion’s share of 79.75%. Starting from 2014, owing to weak downstream demand, domestic adequate supply, and lower operating rate of antimony product producers, China's antimony product output for Jan.-Oct. 2014 fell to 212,263 tons, down 15.23% year on year. As a result, China’s antimony concentrate output showed a slight drop, to 101,193 tons over the same period, a year-on-year decrease of 5.03%. Also in the first 10 months of 2014, China’s top 3 provinces by antimony concentrate output were Hunan, Yunnan, and Guangxi, whose combined output occupied 90% of the national total.

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In terms of antimony consumption in China, the biggest application is flame retardant, which represented roughly 50% of the total consumption. In recent years, the demand for flame retardant from auto parts industry has kept rapid growth, with automotive plastic parts accounting for approximately 10% of the total auto weight. In the coming 5 years, as automobile industry grows, China’s flame retardant consumption will see an AAGR of 5%.

Global And China Vanadium Industry Report, 2014-2017

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The world’s recoverable vanadium reserves so far has been recorded at 14 million tons, mainly found in China, Russia, South Africa and other countries. In 2013, roughly 151,000 tons of vanadium (V2O5 Equivalent) was produced worldwide, up 11% year on year. The global vanadium consumption increased at an AAGR of 6.7% during the period 2001-2013, of which, the iron and steel industry as the biggest consumer accounted for more than 90% in 2013, followed by vanadium-titanium alloy and chemical industry.

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China, the world’s largest vanadium-producing country with a capacity of over 100 kt/a, contributed 57% to the world’s vanadium (V2O5 Equivalent) production in 2013. It also has the fastest-growing and highest consumption of vanadium products in the world, with vanadium (V2O5 Equivalent) consumption rising from 5.3 kilotons to 57 kilotons in 2001-2013 (an AAGR of 22% or so) as a result of promotion and use of vanadium-containing high-strength deformed steel bars grade III and grade IV.

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