Magnesia Chrome Bricks Market Opportunity 2028

Magnesia Chrome Bricks Market Size – USD 2,190.7 Million in 2019, Market Growth – at a CAGR of 2.8%, Market Trend – Growth of the cement industry

The latest industry intelligence report on the Magnesia Chrome Bricks market performs a cautious examination of the current business environment and competitive landscape of the Magnesia Chrome Bricks market for the forecast period, 2020 - 2027. For stakeholders, field marketing executives and product owners planning to maintain a competitive edge the market assessment report brings to light essential impression about the growth rate, share and size of the industry during the estimated period. Deep dive into an array of elements including but not limited to the value proposition, product positioning, and targeting and industry segmentation have been described through resources such as charts, tables, and info graphics.

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Key Highlights of Report

In August 2020, IMERYS, a company based in France, made an announcement about the signing of a contract to purchase a 60.0% equity stake in Haznedar Group, a Turkey-based producer of refractory bricks

Direct-bonded magnesia chrome bricks are anticipated to witness significant demand during the forecast period. Direct-bonded magnesia chrome bricks is a high-grade refractory material employed to improve large-scale production of cement. Spinel and calcite present in direct-bonded magnesia chrome bricks impart high-temperature performance to refractory bricks.

Growth of the construction industry is one of the key factors boosting the demand for magnesia chrome bricks. Increasing population in developing nations, infrastructure development, surging demand for residential homes, and rising investments in the telecom sector are among the factors boosting the construction activities.

The flat glass industry in the U.S. was valued at USD 22.00 Billion in 2018 and is likely to exceed value of USD 50.00 Billion by 2027. Increasing demand for glass products is propelling the demand for magnesia chrome bricks.

North America held a substantial share of the global magnesia chrome bricks market in 2019, owing to growth of the iron & steel industry in the region. Also, rising emphasis on renewable power generation is projected to fuel the market in the region during the forecast period.

 

Key market participants include Calderys, Resco Products, RHI Magnesita NV, KT Refractories, Mayerton, Vesuvius, Chosun Refractories Co. Ltd., HarbisonWalker International Inc., Magnezit Group Ltd., and Lanexis

 

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Product Type Outlook (Revenue, USD Million; 2017–­­­2027)

Common Magnesite Chrome Brick

Direct Bonded Magnesia Chrome Brick

Fused Rebonded Magnesite Chrome Brick

Chemically Bonded Magnesium Brick

Fused Cast Magnesite Chrome Brick

 

Application Outlook (Revenue, USD Million; 2017–­­­2027)

Iron & Steel

Non-ferrous Metals

Power Generation

Glass

Cement

Others

 

Regional Scope:

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

 

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Table of Content

Chapter 1. Market Synopsis

    1.1. Magnesia Chrome Bricks Market Definition

    1.2. Magnesia Chrome Bricks Market Research Scope & Premise

    1.3. Magnesia Chrome Bricks Market Methodology

    1.4. Magnesia Chrome Bricks Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Indicative Metrics

Chapter 4. Magnesia Chrome Bricks Market Segmentation & Impact Analysis

    4.1. Magnesia Chrome Bricks Market Product Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

Chapter 5. Magnesia Chrome Bricks Market By Method Insights & Trends

Chapter 6. Magnesia Chrome Bricks Market By End-Use Insights & Trends

Chapter 7. Magnesia Chrome Bricks Market By Application Insights & Trends

Chapter 8. Magnesia Chrome Bricks Market Regional Outlook

Chapter 9. Magnesia Chrome Bricks Market Competitive Landscape

Chapter 10. Company Profiles

Continue…