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What are the recent trends in market size and growth for the clay products and refractories market?
The clay products and refractories market size has grown strongly in recent years. It will grow from $166.99 billion in 2024 to $177.45 billion in 2025 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to steel and metal industries demand, global manufacturing trends, mining and extraction activities, infrastructure development, energy production needs.
The clay products and refractories market size is expected to see steady growth in the next few years. It will grow to $213.9 billion in 2029 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to focus on sustainable refractory materials, increased demand from renewable energy, growing demand for specialty refractories, advanced manufacturing techniques, infrastructure resilience needs. Major trends in the forecast period include digitalization in manufacturing, technological advancements in refractory manufacturing, advanced refractory materials, demand for lightweight refractories, focus on energy-efficient kiln technologies.
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Which major factors have contributed to the expansion of the clay products and refractories market?
The stable economic growth is expected to propel the growth of the clay products and refractories market going forward. Stable economic growth refers to a consistent and sustainable increase in a country’s economic output over time, characterized by minimal fluctuations, low inflation, and steady job creation, which contributes to overall financial stability and improved living standards for its population. Stable economic growth helps the clay products and refractories industry by fostering increased demand for construction materials and industrial applications, leading to higher production levels, investment in new technologies, and enhanced market opportunities for manufacturers.For instance, in May 2023, according to the Federal Reserve Board, a US-based banking, in 2022, 40% of adults reported that their family’s monthly expenses rose compared to the previous year, while 33% indicated an increase in their monthly income. Stable economic growth is expected to increase investments in end-user markets, thereby driving the clay product and refractory manufacturing market during the forecast period.
How is the clay products and refractories market segmented?
The clay products and refractories market covered in this report is segmented –
1) By Type: Pottery, Ceramics, And Plumbing Fixtures, Clay Building Material And Refractories
2) By Process: Grinding, Cutting, Mixing, Shaping, Honing
3) By Material: Quartz, Chamatte, Sand, Sawdust, Slag, Pulverized Coal
4) By End User Vertical: Construction, Automobiles, Steel Making, Cosmetics, Food Industry, Other End Use Verticals
Subsegments:
1) By Pottery: Earthenware, Stoneware, Porcelain
2) By Ceramics: Traditional Ceramics, Advanced Ceramics
3) By Plumbing Fixtures: Sanitaryware, Bathtubs And Showers, Urinals
4) By Clay Building Material And Refractories: Bricks, Roof Tiles, Clay Blocks, Monolithic Refractories, Insulating Refractories
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Who are the top competitors in the clay products and refractories market?
Major companies operating in the clay products and refractories market include Shinagawa Refractories Co. Ltd., Compagnie de Saint-Gobain S.A., LIXIL Group, Kyocera Corporation, The Siam Cement Group Public Company Limited, Corning Incorporated., Internacional De Cerámica S.A.B. De C.V., Mohawk Industries Inc., Saint-Gobain Ceramic Materials, Imerys S.A., RHI Magnesita N.V., Vesuvius plc, Krosaki Harima Corporation, Orient Refractories Limited, CoorsTek Inc., Puyang Refractories Group Co. Ltd., Morgan Advanced Materials plc, Chosun Refractories Co. Ltd., IFGL Refractories Ltd., Ceradyne Inc., HarbisonWalker International, Refratechnik Holding GmbH, P-D Refractories GmbH, Rath Group, Resco Products Inc., Magnesia Refractories Group, Calderys India Refractories Limited, Allied Mineral Products Inc., Refractarios Especiales S.A., Dalmia Refractories Limited
Which key trends are expected to influence the clay products and refractories market in the coming years?
Major companies operating in the clay products and refractories market are using advanced technologies such as robotic clay printing to gain competitive edge. Robotic clay printing refers to the use of robotic arms equipped with specialized extruders to layer and shape clay materials, enabling the creation of intricate designs and structures with high precision and efficiency.For instance, in September 2024, Researchers at ETH Zurich, a Switzerland-based university, have developed a new robotic additive manufacturing method aimed at promoting sustainability in the construction industry. Unlike traditional concrete 3D printing, this process eliminates the need for cement. Known as impact printing, the technique utilizes affordable, widely available, and low-carbon earth-based materials like clay and excavated soil.
Which regional trends are influencing the clay products and refractories market, and which area dominates the industry?
The countries covered in the clay products and refractories market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
What Does The Clay Products And Refractories Market Report 2025 Offer?
The clay products and refractories market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Clay products and refractories refer to types of materials that 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.
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