The clay product and refractory manufacturing companies carry out activities shapingmoldingglazingand firing potteryceramicsplumbing fixturesand electrical supplies made entirely or partly of clay or other ceramic materialsrefractoriesnon-clay refractoriesceramic tilesbricksand other structural clay building materials. Refractory materials are heated and then formed into bricks or other shapes for use in industrial applications. Clay products find applications in constructionsteel makingcosmeticsand food industry.
Market Analysis and Insights: Global Clay Product and Refractory Market
Due to the COVID-19 pandemic, the global Clay Product and Refractory market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Pottery Ceramics and Plumbing Fixture accounting for % of the Clay Product and Refractory global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Construction segment is altered to an % CAGR throughout this forecast period.
Hollow clay bricks are replacing solid bricks because they are lighterstrong & durablecost effective and eco-friendly. Hollow brick is manufactured using waste materials or natural substitutes and formed by placing moist clay in a mold. It acts as thermal and sound insulators due to the air present in the hollow area and also makes plumbing and other electrical drilling activities easier resulting in low labor cost. Major companies offering hallow clay brickslude MRF BricksSummit Brick Company and Apollo Brick.
Global Clay Product and Refractory Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Clay Product and Refractory Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Pottery Ceramics and Plumbing Fixture
Clay Building Material and Refractories
Segment by Application
Construction
Steel Making
Cosmetics
Food Industry
By Company
Dal-Tile
Gerber Plumbing Fixtures
RHI
Vesuvius
Kyocera
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina