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Global refractory market will be over 42 billion by the year of 2026

The latest forecast report shows that the global refractories market is expected to grow at a compound growth rate of 3.3%. The total amount will exceed 52 million tons by 2026. This indicates that the market valuation in 2026 will reach US $42 billion 300 million. The market demand for refractories will continue to be affected by steel, cement, glass and non-ferrous metals industries.

Firebrick occupies a major market share in total volume. At present, it occupies nearly 53% of the total volume and is likely to remain a leading position in the forecast period.

Wanhao is a manufacturer who is specialized in designing various kinds of furnace and making refractory products for electric furnace, ladle, tundish, blast furnace, AOD furnace, IF furnace, etc.


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Tel: +86-15225115555

Email: sales100@wanhaorefractory.com

Add: Caogou Industry Zone,Yichuan County,Luoyang.China