Refractory Materials Market for GCC Steel Industry 2020-2024 | COVID-19 Impact Analysis and Business Plan for New Normal | Technavio

Technavio has announced its latest market research report titled Refractory Materials Market for GCC Steel Industry Market in GCC Countries 2020-2024 (Graphic: Business Wire)

LONDON--()--The refractory materials market for the GCC steel industry market is expected to grow by 28.96 MT, progressing at a CAGR of over 3% during the forecast period.

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The demand from the construction and infrastructure sector will drive the growth of the market during the forecast period. However, the fluctuating cost of refractory materials and high energy consumption might hamper growth.

More details: https://www.technavio.com/report/refractory-materials-market-for-gcc-steel-industry-market-in-gcc-countries-industry-analysis

Refractory Materials Market For GCC Steel Industry Market: Type Landscape

Based on the type, the market saw maximum growth in the bricks segment in 2019. The increasing use of rectangular bricks in furnace lining applications and the availability of various shapes for other diverse applications are driving the growth of the segment.

Refractory Materials Market For GCC Steel Industry Market: Geographic Landscape

By geography, Saudi Arabia is going to have lucrative growth during the forecast period. About 62% of the market’s overall growth is expected to originate from Saudi Arabia. The growth of the market in Saudi Arabia is driven by the thriving construction industry. Market growth in this country will be faster than the growth of the market in the UAE, Qatar, and the Rest of the Middle East.

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Related Reports on Materials Include:

Global Refractory Materials Market for Steel Industry - Global refractory materials market for steel industry is segmented by type (brick and monolithic) and geography (APAC, Europe, North America, South America, and MEA). Click Here to Get an Exclusive Free Sample Report

Global Tabular Alumina Market - Global tabular alumina market is segmented by application (refractory, abrasives, and oil and gas) and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report

Companies Covered:

  • Chosun Refractories ENG Co. Ltd.
  • Compagnie de Saint-Gobain SA
  • Dalmia Bharat Group
  • Imerys SA
  • Krosaki Harima Corp.
  • Refractarios ALFRAN SA
  • RHI Magnesita GmbH
  • Saudi Refractory Industries
  • Shinagawa Refractories Co. Ltd.
  • Vesuvius Plc

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2019, 2020, until 2024
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Form type

  • Market segments
  • Comparison by Form type
  • Bricks - Market size and forecast 2019-2024
  • Monolithic - Market size and forecast 2019-2024
  • Market opportunity by Form type

Market Segmentation by Country

  • Market segments
  • Comparison by Country
  • Saudi Arabia - Market size and forecast 2019-2024
  • UAE - Market size and forecast 2019-2024
  • Qatar - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Country

Customer landscape

  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Chosun Refractories ENG Co. Ltd.
  • Compagnie de Saint-Gobain SA
  • Dalmia Bharat Group
  • Imerys SA
  • Krosaki Harima Corp.
  • Refractarios ALFRAN SA
  • RHI Magnesita GmbH
  • Saudi Refractory Industries
  • Shinagawa Refractories Co. Ltd.
  • Vesuvius Plc

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

 

Release Summary

The Refractory Materials Market for GCC Steel Industry Market will grow by 28.96 MT during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/