The global demand for High Alumina Bricks Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX MT in 2019 and foreseen to touch XX MT by 2026 with a CAGR of XX% during 2020-2026.
High alumina bricks are bricks containing around 50 to 87.5% of alumina, produced from naturally occurring material bauxite, using an advanced roasting process. These bricks are made under strict quality control and exhibit robust properties like better volume stability, abrasion resistance, water resistance, high-temperature performance, corrosion, high bulk density, and wear resistance. They are extensively used in blast furnaces, cement rotary kiln, blast-furnace stoves, soaking pits, and liquid-steel ladles. The primary objective of using these bricks is to prolong the lives of furnaces and high-temperature areas in various industries like mining, metallurgy, refineries, refractories, cement, and chemical manufacturing.
Rapid industrialization and growing infrastructure development across the globe will be the main steering factors for this market's growth. The increasing use of glass products in the automotive and construction sectors will boost these bricks' usage in the lining of production furnaces. The availability of these advanced refractory materials with customized properties and sizes for applications in different industries will be a market booster. The demand for high alumina bricks continues to grow at a startling pace due to increased iron and steel production facilities. The main hindrances affecting this market's growth are the environmental concerns associated with the use of these bricks.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of high alumina bricks.
The entire high alumina bricks market has been sub-categorized into type and applications. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Industrial Furnaces
- Other High Temperature Areas
This section covers regional segmentation which accentuates on current and future demand for high alumina bricks market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global High Alumina Bricks Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the high alumina bricks market include Asahi Glass Co.,Ltd (AGC), Calderys, Puyang Refractories Group Co Ltd., Chosun Refractories Co.,Ltd., Mishri International, Refrasil s.r.o., Zhengzhou Rongsheng Kiln Refractory Co.,Ltd., Ambica Refractories Private Limited, Gouda Refractories, Resco Products, Rath. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.