Dallas, Texas (PRWEB) August 26, 2013
Affected by the factors such as slowdown in growth rates of downstream sectors like iron and steel, building materials, and glass as well as the reduced demand of refractories for infrastructure construction, China’s refractory materials production in 2012 fell 4.43% over the previous year to 28.1891 million tons, of which, magnesia bricks, magnesium carbon & alumina magnesia carbon, and siliceous brick dropped sharply, down 15.94%, 8.45% and 8.37% YoY respectively.
In terms of export in 2012, both volume and value of refractory raw materials (http://www.reportsnreports.com/reports/267599-global-and-china-refractory-material-industry-report-2013.html) fell down, but refractory products broke the 2-million-ton mark again, climbing 4.4% YoY to 2.0397 million tons; export price even increased by 7.08%.
With respect to the product, China has been promoting the development of high-quality energy-efficient unshaped refractories. In 2012, the proportion of unshaped refractories in the total refractories production there firstly exceeded 40%, but compared with industrially advanced countries, the proportion is still lower; the goal is to hit 60% in 2020.
In addition, R & D of chrome-free refractories is also the focus of industry development. So far some companies in cement kiln refractories, in refractories for AOD furnace and companies in refractories for RH furnace have made many successful attempts, followed by vigorous promotion. As far as enterprises are concerned, China through mergers and acquisitions has had a few competitive refractory companies.
According to the Opinions on Promoting the Healthy Development of Refractory Industry issued by the MIIT (Ministry of Industry and Information Technology) in February 2013, China will continue to promote joint reorganization and enhance industrial concentration in the future; form 2~3 internationally competitive enterprises and create a number of new industrialization demonstration bases, with industrial concentration of the top ten companies reaching 25% by 2015; up to 45% by 2020.
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Furthermore, mergers and reorganizations among international refractory companies have never ceased, either; till now, leading players like Vesuvius, RHI, Magnesita, Krosaki-Harima have emerged. By the end of 2012, the world’s top ten refractories enterprises had conducted operations in China.
Key Companies Worldwide: Vesuvius, RHI, Magnesita Refratários, Krosaki, Shinagawa, Saint-Gobain, Morgan Advanced Materials (Formerly Morgan Crucible)
Key Enterprises in China: Puyang Refractories Group Co., Ltd., Shandong Luyang Share Co., Ltd., Ruitai Materials Technology Co., Ltd., Beijing Lier High-temperature Materials Co., Ltd., Zhejiang Jinlei Refractories Co., Ltd., Yingkou Qinghua Group Co., Ltd., Haicheng Houying Trade Group Co., Ltd., Yingkou Jinlong Refractories Group Co., Ltd., Haicheng Magnesite Refractory General Factory, Zhejiang Zili Corporation Limited and more.
While another report “World Refractories to 2016 - http://www.reportsnreports.com/reports/231099-world-refractories-to-2016.html ” forecasts that the global refractory demand is projected to grow at a 3.4 percent annual rate through 2016 to 46.3 million metric tons, an improvement over the 2006-2011 period. Product sales will climb 5.3 percent per year in value terms to $46.5 billion in 2016, not as strong as gains registered in recent years because of a moderation in raw material costs and refractory prices.
China to account for 72% of volume gains worldwide
Refractory sales will expand most quickly in developing areas, reflecting an ongoing shift in metals and other heavy industry production to countries with low cost structures. The Asia/Pacific region, in particular, will post the largest tonnage increases, followed by the Africa/Mideast region, Central and South America, and Eastern Europe. China alone will account for 72 percent of all refractory volume gains between 2011 and 2016, due both to additional growth in its huge steel, cement, and other heavy manufacturing industries, and the use of less sophisticated production methods in steelmaking and other important markets than those used in economically advanced nations.
Other Related Report:
China refractory material product manufacturing industry, 2013 - http://www.reportsnreports.com/reports/220595-china-refractory-material-product-manufacturing-industry-2013.html
China refractory material product manufacturing industry, 2013 is valuable for anyone who wants to invest in the refractory material product manufacturing industry, to get Chinese investments; to import into China or export from China, to build factories and take advantage of lower costs in China, to partner with one of the key Chinese corporations, to get market shares as China is boosting its domestic needs; to forecast the future of the world economy as China is leading the way; or to compete in the segment. The report provides the whole set of the industry data, in-depth analysis and detailed insight into the refractory material product manufacturing industry, market drivers, key enterprises and their strategies, as well as technologies and investment status, risks and trends.
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