The Global Clay Products And Refractories Market Report by The Business Research Company covers clay products and refractories market drivers and restraints, clay products and refractories market size, major players, and the impact of COVID-19 on the clay products and refractories market.
The clay products and refractories market consists of sales of clay and refractory products by entities (organizations, sole traders and partnerships) engaged in shaping, molding, glazing, and firing pottery, ceramics, plumbing fixtures, and electrical supplies made entirely or partly of clay or other ceramic materials, refractories, non-clay refractories, ceramic tiles, bricks, and other structural clay building materials. Clay is procured from mining or quarrying companies, loaded by truck or front-end loader into a primary crusher, transferred to grinding mills, and further processed using grinding, mixing, cutting, shaping, and honing. Refractory materials are heated and then formed into bricks or other shapes for use in industrial applications. Equipment and tools used in clay product manufacturing include crushers, grinders, wire cutters, high-pressure cylinders, rollers, dryers, and burners. Clay products find applications in the construction, steel making, cosmetics, and food industry.
Stable economic growth is expected to increase investments in end user markets, thereby driving the clay product and refractory manufacturing market during forecast period. The global clay products and refractories market is expected to grow from $144.48 billion in 2020 to $157.85 billion in 2021 at a compound annual growth rate (CAGR) of 9.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $196.72 billion in 2025 at a CAGR of 6%.
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Some clay products and refractories market trends include companies using robotics and automation to improve plant efficiency and productivity. Sensors are being used in various machines to access invaluable data for improving efficiencies and reduce potential breakdowns.
Global clay products and refractories market segments include:
1) By Type: Pottery, Ceramics, And Plumbing Fixtures, Clay Building Material And Refractories.
2) By End Use Vertical: Construction, Automobiles, Steel Making, Cosmetics, Food Industry, Others.
3) By Process: Grinding, Cutting, Mixing, Shaping, Honing.
4) By Material: Quartz, Chamotte, Sand, Sawdust, Slag, Pulverized Coal.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, Asia Pacific is the largest region in the global clay products and refractories market, accounting for 46% of the market.
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The Clay Products And Refractories Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides clay products and refractories market overviews, analyzes and forecasts market size, share, clay products and refractories market players, clay products and refractories market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The clay products and refractories market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Clay Products And Refractories Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Dal-Tile, Gerber Plumbing Fixtures, RHI AG, Vesuvius, Kyocera
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Clay Products And Refractories Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Clay Products And Refractories Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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