Refractories Industry Trends Analysis Report 2025-2033: Expanding Construction and Smelting Capacities Drive Consistent Refractory Consumption

The global refractories market sees opportunities in rising steel and cement demand due to infrastructure growth in Asia-Pacific and Africa, green steel initiatives, and increased non-ferrous metal production for energy transition.

Dublin, Sept. 18, 2025 (GLOBE NEWSWIRE) -- The "Refractories Market Size, Share & Trends Analysis Report by End Use (Iron & Steel, Cement & Lime, Glass & Ceramics, Non-Ferrous Metals), by Region (North America, Europe, Asia-Pacific), and Segment Forecasts, 2025-2033" report has been added to ResearchAndMarkets.com's offering.

The global refractories market size was estimated at USD 45.36 billion in 2024 and is projected to reach USD 95.96 billion by 2033, at a CAGR of 9.1% from 2025 to 2033. Crude steel manufacturing through basic oxygen furnaces (BOF), electric arc furnaces (EAF), and induction furnaces (IF) requires high volumes of shaped and unshaped refractories to withstand extreme temperatures and chemical wear.



As countries like India, China, and Vietnam ramp up infrastructure and construction projects, steel demand and, thus, refractories continue to rise. Additionally, green steel initiatives in Europe and Asia encourage investments in new EAF setups, further strengthening refractory consumption. Cement kilns operate at temperatures exceeding 1400C, demanding consistent refractory lining replacement.

Rapid urbanization and population growth in the Asia-Pacific and Africa are fueling the construction of roads, bridges, residential, and commercial buildings, which translates to higher cement output. Moreover, capacity expansion plans by major cement producers in countries like India, Indonesia, and Nigeria are boosting demand for basic and non-basic refractories.

Rising demand from the non-ferrous metals industry is also contributing to market growth. Copper, aluminum, zinc, and nickel smelters require specialized refractory linings to handle chemically aggressive slags and high thermal loads. As energy transition efforts accelerate, demand for these metals in EV batteries, wind turbines, and solar panels increases. This is pushing companies in regions like Latin America, Africa, and Australia to invest in expanding and upgrading their smelting facilities, driving consistent refractory usage.

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the industry across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

Companies Featured

  • Chosun Refractories Co., Ltd.
  • CoorsTek Inc.
  • HarbisonWalker International
  • Imerys
  • Krosaki Harima
  • Morgan Advanced Materials
  • RHI Magnesita
  • Saint-Gobain SEFPRO
  • Shinagawa Refractories
  • Vesuvius

Key Attributes:

Report AttributeDetails
No. of Pages100
Forecast Period2024 - 2033
Estimated Market Value (USD) in 2024$45.36 Billion
Forecasted Market Value (USD) by 2033$95.96 Billion
Compound Annual Growth Rate9.1%
Regions CoveredGlobal



Key Topics Covered:

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Information Analysis
1.3.2. Data Analysis Models
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources

Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Outlook

Chapter 3. Market Variables, Trends, and Scope
3.1. Market Outlook
3.2. Industry Value Chain Analysis
3.2.1. Sales Channel Analysis
3.3. Technology Overview
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.6. Industry Trends
3.6.1. ESG Analysis
3.6.2. Economic Trends
3.7. Porter's Five Forces Analysis
3.8. PESTLE Analysis

Chapter 4. Refractories Market: End Use Estimates & Trend Analysis
4.1. Refractories Market: End Use Movement Analysis, 2024 & 2033
4.2. Iron & Steel
4.2.1. Market estimates and forecasts, 2021-2033 (USD Million) (Kilotons)
4.3. Cement & Lime
4.4. Glass & Ceramics
4.5. Non-Ferrous Metals
4.6. Others

Chapter 5. Refractories Market: Regional Estimates & Trend Analysis
5.1. Regional Analysis, 2024 & 2033
5.2. North America
5.2.1. Market estimates and forecasts, 2021-2033 (USD Million) (Kilotons)
5.2.2. Market estimates and forecasts, by end use, 2021-2033 (USD Million) (Kilotons)
5.2.3. U.S.
5.2.4. Canada
5.2.5. Mexico
5.3. Europe
5.4. Asia-Pacific
5.5. Latin America
5.6. Middle East & Africa

Chapter 6. Competitive Landscape
6.1. Recent Developments & Impact Analysis, by Key Market Participants
6.2. Company Categorization
6.3. Heat Map Analysis
6.4. Vendor Landscape
6.4.1. List of distributors
6.5. List of Prospective End-Users
6.6. Strategy Initiatives
6.7. Company Profiles/Listing
6.7.1. Company Overview
6.7.2. Financial Performance
6.7.3. Product Benchmarking

For more information about this report visit https://www.researchandmarkets.com/r/b0khp5

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