세계의 내화물 재료 시장 예측 : 형상, 재료, 알칼리도, 제조 공정, 최종 사용자, 지역별 분석(-2032년)

According to Stratistics MRC, the Global Refractories Materials Market is accounted for $50.3 billion in 2025 and is expected to reach $104.5 billion by 2032 growing at a CAGR of 11% during the forecast period. Refractory materials are specialized substances designed to withstand extremely high temperatures, chemical corrosion, and mechanical stress, making them essential for industrial applications such as steel, cement, glass, and ceramics production. These materials maintain structural integrity and thermal stability in furnaces, kilns, reactors, and other high-heat environments. Refractories can be classified as shaped (bricks) or unshaped (monolithic) and are composed of clay-based or non-clay-based materials like alumina, silica, and magnesia. Their durability, thermal insulation, and resistance to slag and thermal shock make them critical for efficient and safe high-temperature operations.

Market Dynamics:

Driver:

Urbanization & infrastructure development

Expansion of steel, cement, and glass production is fueling large-scale consumption of high-performance thermal insulation solutions. Integration with advanced manufacturing and energy-efficient processes is fostering adoption across global supply chains. Public and private investments in industrial corridors and smart cities are propelling market expansion. Technological upgrades in furnace design and heat containment are boosting product innovation. These dynamics are expected to significantly boost the refractories materials market.

Restraint:

Volatility & high cost of raw materials

Fluctuations in magnesia, alumina, and graphite sourcing continue to disrupt supply chains and elevate procurement risks. Import dependence and geopolitical disruptions are constraining access to critical inputs. Manufacturers face challenges in maintaining cost competitiveness while meeting performance standards. Regulatory pressure on mining and extraction is limiting availability across key regions. These limitations are expected to constrain the refractories materials market.

Opportunity:

Untapped and growing markets in emerging economies

Industrialization across South Asia, Africa, and Latin America is unlocking new demand for heat-resistant components in energy and manufacturing. Infrastructure upgrades and energy diversification initiatives are fostering adoption across new verticals. Local manufacturing incentives and trade liberalization are propelling regional supply chain development. Demand for customized, low-cost refractory solutions is boosting innovation in modular formats. These trends are expected to significantly boost the refractories materials market.

Threat:

Environmental & regulatory challenges

Emission control mandates and sustainability compliance requirements are intensifying cost pressures and slowing production cycles. Certification delays and evolving standards are constraining market entry for smaller players. Pressure to adopt eco-friendly formulations is hindering legacy product lines. Manufacturers face barriers in aligning with circular economy frameworks and green construction norms. Such constraints are expected to hinder the refractories materials market.

Covid-19 Impact:

The Covid-19 pandemic disrupted global supply chains and delayed industrial projects, impacting refractory material demand. Shutdowns in steel and cement production temporarily degraded consumption across core sectors. Logistics bottlenecks and workforce shortages constrained manufacturing and distribution. Post-pandemic recovery is accelerating due to renewed infrastructure spending and industrial restarts. Digital procurement models and localized sourcing strategies are fostering resilience in supply chains. These shifts are expected to propel the refractories materials market.

The shaped refractories segment is expected to be the largest during the forecast period

The shaped refractories segment is expected to account for the largest market share during the forecast period driving demand for precision-engineered thermal components. Bricks, blocks, and preformed shapes are accelerating adoption in high-temperature industrial applications. Steel, cement, and glass sectors are expanding use of shaped formats for structural integrity and thermal efficiency. Integration with automated installation systems is fostering operational speed and consistency. Manufacturers are investing in durable, corrosion-resistant designs to meet evolving performance standards. This segment is expected to significantly boost the refractories materials market.

The non-ferrous metals segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the non-ferrous metals segment is predicted to witness the highest growth rate drive demand for specialized refractory solutions. Copper, aluminum, and zinc processing facilities are accelerating use of high-performance linings and insulation. Thermal shock resistance and chemical stability are fostering adoption in complex smelting environments. Integration with energy-efficient furnaces and recycling systems is propelling innovation. Regional investments in non-ferrous metallurgy are boosting market penetration.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share driven by rapid urbanization and industrial expansion across key economies. China, India, Japan, and South Korea are accelerating production of steel, cement, and glass-core consumers of refractory materials. Government-backed infrastructure programs and energy projects are fostering demand. Local manufacturing capacity and competitive pricing are boosting regional dominance. Strategic partnerships and technology transfers are expanding product portfolios.

Region with highest CAGR:

Over the forecast period, the Middle East & Africa region is anticipated to exhibit the highest CAGR by infrastructure development and industrial diversification. Investments in non-ferrous metallurgy, petrochemicals, and energy projects are accelerating demand for advanced refractory solutions. Regional governments are fostering manufacturing growth through industrial zones and trade incentives. Adoption of sustainable construction practices is boosting interest in eco-friendly refractory formats. Emerging markets are expanding use in both traditional and renewable energy sectors.

Key players in the market

Some of the key players in Refractories Materials Market include Saint-Gobain, Imerys, RHI Magnesita, POSCO Future M Co., Ltd., KAEFER SE & Co. KG, Beijing Lier High-Temperature Materials Co., Ltd., HarbisonWalker International, Intocast Group, Alsey Refractories Co., Magnezit Group, Chosun Refractories Co., Ltd., CoorsTek Inc., Krosaki Harima Corporation and Morgan Advanced Materials.

Key Developments:

In June 2025, RHI Magnesita and BPI, Inc. announced a strategic joint venture to accelerate circular economy initiatives in North America. This collaboration combines RHI Magnesita's global refractory expertise with BPI's robust U.S. infrastructure, local sourcing, and technical processing capabilities.

In August 2025, Saint-Gobain Performance Ceramics & Refractories acquired Ceramco, a privately owned company specializing in industrial ceramics. This acquisition enhances Saint-Gobain's capabilities in the ceramic market for non-ferrous industries, allowing for a more comprehensive product offering and expanded research and development initiatives.

In May 2022, Imerys and Saint-Gobain announced a partnership to develop next-generation refractory materials, including dry ramming mass, for the steelmaking industry. This collaboration aims to leverage the expertise of both companies to create innovative and sustainable refractory solutions.

Forms Covered:

• Shaped Refractories
• Unshaped Refractories

Materials Covered:

• Clay-Based Refractories
• Non-Clay-Based Refractories
• Magnesite
• Dolomite
• Silica
• Chromite
• Zirconia
• Carbon

Alkalinities Covered:

• Acidic Refractories
• Basic Refractories
• Neutral Refractories

Manufacturing Processes Covered:

• Dry Press Process
• Fused Cast
• Hand Molded
• Formed
• Unformed

End Users Covered:

• Iron & Steel
• Cement
• Glass
• Non-Ferrous Metals
• Power Generation
• Petrochemicals & Chemicals
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 End User Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Refractories Materials Market, By Form

• 5.1 Introduction
• 5.2 Shaped Refractories
• 5.3 Unshaped Refractories

6 Global Refractories Materials Market, By Material

• 6.1 Introduction
• 6.2 Clay-Based Refractories
  • 6.2.1 Fireclay
  • 6.2.2 High Alumina
• 6.3 Non-Clay-Based Refractories
• 6.4 Magnesite
• 6.5 Dolomite
• 6.6 Silica
• 6.7 Chromite
• 6.8 Zirconia
• 6.9 Carbon

7 Global Refractories Materials Market, By Alkalinity

• 7.1 Introduction
• 7.2 Acidic Refractories
• 7.3 Basic Refractories
• 7.4 Neutral Refractories

8 Global Refractories Materials Market, By Manufacturing Process

• 8.1 Introduction
• 8.2 Dry Press Process
• 8.3 Fused Cast
• 8.4 Hand Molded
• 8.5 Formed
• 8.6 Unformed

9 Global Refractories Materials Market, By End User

• 9.1 Introduction
• 9.2 Iron & Steel
• 9.3 Cement
• 9.4 Glass
• 9.5 Non-Ferrous Metals
• 9.6 Power Generation
• 9.7 Petrochemicals & Chemicals
• 9.9 Other End Users

10 Global Refractories Materials Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 Saint-Gobain
• 12.2 Imerys
• 12.3 RHI Magnesita
• 12.4 POSCO Future M Co., Ltd.
• 12.5 KAEFER SE & Co. KG
• 12.6 Beijing Lier High-Temperature Materials Co., Ltd.
• 12.7 HarbisonWalker International
• 12.8 Intocast Group
• 12.9 Alsey Refractories Co.
• 12.10 Magnezit Group
• 12.11 Chosun Refractories Co., Ltd.
• 12.12 CoorsTek Inc.
• 12.13 Krosaki Harima Corporation
• 12.14 Morgan Advanced Materials