Tag Archives: Material

China Refractory Material Market Growth and Global Analysis in New Research Report at ReportsnReports.com

Dallas, Texas (PRWEB) August 26, 2013

Affected by the factors such as slowdown in growth rates of downstream sectors like iron and steel, building materials, and glass as well as the reduced demand of refractories for infrastructure construction, Chinas refractory materials production in 2012 fell 4.43% over the previous year to 28.1891 million tons, of which, magnesia bricks, magnesium carbon & alumina magnesia carbon, and siliceous brick dropped sharply, down 15.94%, 8.45% and 8.37% YoY respectively.

In terms of export in 2012, both volume and value of refractory raw materials (http://www.reportsnreports.com/reports/267599-global-and-china-refractory-material-industry-report-2013.html) fell down, but refractory products broke the 2-million-ton mark again, climbing 4.4% YoY to 2.0397 million tons; export price even increased by 7.08%.

With respect to the product, China has been promoting the development of high-quality energy-efficient unshaped refractories. In 2012, the proportion of unshaped refractories in the total refractories production there firstly exceeded 40%, but compared with industrially advanced countries, the proportion is still lower; the goal is to hit 60% in 2020.

In addition, R & D of chrome-free refractories is also the focus of industry development. So far some companies in cement kiln refractories, in refractories for AOD furnace and companies in refractories for RH furnace have made many successful attempts, followed by vigorous promotion. As far as enterprises are concerned, China through mergers and acquisitions has had a few competitive refractory companies.

According to the Opinions on Promoting the Healthy Development of Refractory Industry issued by the MIIT (Ministry of Industry and Information Technology) in February 2013, China will continue to promote joint reorganization and enhance industrial concentration in the future; form 2~3 internationally competitive enterprises and create a number of new industrialization demonstration bases, with industrial concentration of the top ten companies reaching 25% by 2015; up to 45% by 2020.

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Furthermore, mergers and reorganizations among international refractory companies have never ceased, either; till now, leading players like Vesuvius, RHI, Magnesita, Krosaki-Harima have emerged. By the end of 2012, the worlds top ten refractories enterprises had conducted operations in China.

Key Companies Worldwide: Vesuvius, RHI, Magnesita Refrat