Refractories Market Projected to Reach $52.46 billion by 2030 - Exclusive Report by 360iResearch - Seite 2

"The Evolution of Refractory Materials in Steel-Making By Emphasizing the Advantages of Basic Refractories"

Refractory materials, essential for high-temperature industrial processes, are categorized based on their reaction to chemical environments into acidic & neutral and basic refractories. Acidic and neutral refractories, including alumina, silica, and fireclay, are selected for their resistance to acidic substances and are used extensively in environments such as glass furnaces and coke ovens where they face less exposure to basic slags. Basic refractories, composed primarily of magnesium oxide (MgO) or calcium oxide (CaO), are increasingly favored in steel-making due to their robust resistance to alkaline conditions in electric arc furnaces. This shift reflects the demand for materials that can withstand harsher, basic slag environments, optimizing longevity and performance. The choice of refractory material, whether acidic, neutral, or primary, depends significantly on the specific requirements and conditions of the application, ensuring optimal efficiency and durability in various industrial settings.

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"Saint-Gobain S.A. at the Forefront of Refractories Market with a Strong 19.92% Market Share"

The key players in the Refractories Market include Krosaki Harima Corporation, RHI Magnesita GmbH, AGC Inc., Vesuvius PLC, Saint-Gobain S.A., and others. These prominent players focus on strategies such as expansions, acquisitions, joint ventures, and developing new products to strengthen their market positions.

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