The study is a professional probe into the revenue generated and capacity estimates for the Magnesia Chrome Bricks market for the forecast period 2020 – 2027 empower the business owners to maintain a competitive edge over their rivals. The research further examines and provides data on the market by type, application and geography interspersed with illustrations and other graphical representations.
The market analysis not only determines the attractiveness of the industry but also the evolving challenges and opportunities and their association with the weaknesses and strengths of prominent market leaders. Other factors taken into consideration when studying the industry include profitability, manufacturing capability, distribution channels and industry cost structure and major success factors.
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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
Emergen Research has segmented the global magnesia chrome bricks market in terms of product type, application, and region:
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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
Middle East & Africa
Here are the questions we answer…
At what rate will the Magnesia Chrome Bricks Market grow? What will be the value of the market in 2027?
What are the key technologies driving the Magnesia Chrome Bricks Market?
What would be the impact of Magnesia Chrome Bricks Market across different regions?
What are the strategies adopted by players to enter the APAC region?
What is the critical application of the Magnesia Chrome Bricks Market in the different sectors?
What are future growth strategies in the market?
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