Understand How The Clay Products And Refractories Market Is Set To Grow In Through 2023-2032
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The worldwide clay products and refractories market is projected to expand from $146.68 billion in 2022 to $158.08 billion in 2023, with a 7.8% CAGR. By 2027, it’s anticipated to reach $207.81 billion, growing at a 7.1% CAGR.
What will drive the clay products and refractories market?
Steady economic growth expected in multiple developed and developing nations supports the expansion of the clay product and refractory manufacturing market.
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Who are the major players in the market?
Major Market Players in the clay products and refractories market include LIXIL Group, Internacional De Cerámica, S.A.B. De C.V, Kyocera Corporation, Compagnie de Saint-Gobain S.A.
Which trend is gaining popularity in the clay products and refractories market?
Clay product and refractory manufacturers increasingly adopt robotics and automation to boost plant efficiency and productivity. Sensors on machines provide crucial data to enhance efficiency and minimize breakdown risks.
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How is the clay products and refractories market segmented?
Global Clay Products And Refractories Market Segments Include:
- By Type: Pottery, Ceramics, and Plumbing Fixtures, Clay Building Material and Refractories
- By Process: Grinding, Cutting, Mixing, Shaping, Honing
- By Material: Quartz, Chamatte, Sand, Sawdust, Slag, Pulverized Coal
- By End User Vertical: Construction, Automobiles, Steel Making, Cosmetics, Food Industry, Other End Use Verticals
- 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 in 2021.
The Clay Products And Refractories Global Market Report 2023 provides an overview of the clay products and refractories market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The clay products and refractories market forecast analyzes clay products and refractories market size, clay products and refractories market share, leading competitor and their market positions.
Clay products and refractories involve heated materials molded into shapes like bricks for industrial use. Manufacturing equipment includes crushers, grinders, wire cutters, cylinders, rollers, dryers, and burners.
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