Refractories Market Global and China 2020 Outlook with Key Players like Vesuvius, RHI and More

PUNE, India, February 29, 2016 /PRNewswire/ --

Global and China Refractories Industry Report, 2016-2020 is a new market research that mainly analyzes the operation, refractory material business analysis, etc. of 13 global and 19 Chinese refractory material companies.

Impacted by factors such as global economic downturn, China's economic slowdown, weak growth in downstream sectors of refractories industry, as well as the rising prices of raw materials in recent years, the refractories industry of China has seen fiercer competition, which has resulted in a fall in companies' orders and sales volume. Even worse, some have made losses.

Complete report of 150 pages is available at http://www.reportsnreports.com/reports/496200-global-and-china-refractories-industry-report-2016-2020.html .

In the first three quarters of 2015, the refractory output in China was 18.0825 million tons, down 7.63% from the same period of last year, with an estimated full-year output of roughly 26 million tons. Over the same period, China's refractory exports totaled 1.2997 million tons, down 7.61% year-on-year, as opposed to some 1.75 million tons for the full year.

Among key downstream sectors of refractories industry including steel, cement, glass, and building materials, steel represented the largest portion, at around 65% of the global total. In 2015, the crude steel output worldwide amounted to 1.6228 billion tons, a year-on-year fall of 2.8%, of which 803.8 million tons came from China, down 2.3% from the previous year.

Affected by overcapacity in downstream sectors like steel, industrial restructuring and the decreased consumption of refractories for per ton of steel, the demand for refractories in China is anticipated to drop to 21.4 million tons (including export) by 2020, of which refractory for steel will hit about 10.5 million tons.

Key Companies Worldwide are Vesuvius, RHI, Magnesita Refratários, Imerys, Krosaki Harima, Shinagawa Refractories, Magnezit, Harbison Walker International, Morgan Advanced Materials, Refratechnik, Chosun Refractories, Minteq and Saint-Gobain.

Key Enterprises in China are Puyang Refractories Group Co.,Ltd, Luyang Energy-saving Materials Co.,Ltd., Ruitai Materials Technology Co., Ltd., Beijing Lier High-temperature Materials Co., Ltd, Henan Rongjin High Temperature Materials Co., Ltd., Zhejiang Zili Corporation Limited, Yingkou Qinghua Group Co., Ltd., Wugang Refractory Co., Ltd, Yingkou Jinlong Refractories Group Co., Ltd, Shandong Refractories Group Co.,Ltd, Tongda Refractory Technologies Co., Ltd, Sinosteel Refractory Co., Ltd, Jiangsu Sujia Group Co., Ltd., Haicheng Houying Trade Group Co., Ltd and Shanxi Xixiaoping Refractories Co., Ltd.

Order a copy of Global and China Refractories Industry Report, 2016-2020 at http://www.reportsnreports.com/purchase.aspx?name=496200 .

Presently, there have been several large corporate groups such as Vesuvius, RHI, Morgan Advanced Materials, Magnesita Refratários, and Shinagawa Refractories in the global refractories industry, and all of them have business layout in China.

Beijing Lier High-temperature Materials：As a large general contractor of steel-used refractories in China, Beijing Lier High-temperature Materials have extended its industrial chain aggressively over the recent years. It acquired Liaoning Jinhong Mining Co., Ltd and Liaoning Haicheng Zhongxing Mining Group and organized them into a magnesite base in 2013, and carried internal integration of six companies in Liaoning-based Magnesite Material Base in 2014, and then planned an investment of RMB30 million to set up Beijing Lier E-commerce Co., Ltd in 2015 in a bid to erect an online transaction platform for refractory products.

Luyang Energy-saving Materials：As the largest producer of ceramic fiber in China, Luyang Energy-saving Materials completed the strategic cooperation agreement with Unifrax l LLC and transferred 29% equities to the latter, and obtained 100% equities of Unifrax (Suzhou) as well as the exclusive distributorship of Luyang Unifrax's products in China in May 2015. Later in September 2015, LuYang Co., Ltd was renamed Luyang Energy-saving Materials Co., Ltd.

Explore more Advanced Materials market reports at http://www.reportsnreports.com/market-research/advanced-material/ .

Another research titled Global Refractories Consumption 2016 Market Research Report is a professional and in-depth study on the current state of the Refractories industry. With 315 tables and figures the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market. Key Manufacturers are Magnesita, Morgan Advanced Materials, RHI AG, Shinagawa Refractories, Vesuvius, Corning, Krosaki Harima, Saint-Gobain, CoorsTek and HarbisonWalker International (HWI). Browse complete report at http://www.reportsnreports.com/reports/458538-global-refractories-consumption-2016-market-research-report.html .

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