The Refractories market size is USD 38.2 Bn in 2026.
The Refractories market is projected to grow at a CAGR of 9% by 2033, reaching USD 71.2 Bn.
The Refractories market growth drivers include rising demand from iron and steel industries, increasing use of recycling and sustainable refractory materials, and growth in construction and industrial activities.
Asia Pacific is a dominating region for the Refractories market.
Saint-Gobain, Vesuvius, Korsaki Harima Corporation, SHINAGAWA Refractories Co. Ltd., and RHI Magnesita GmbH are some leading industry players in the Refractories market.