The global magnesia chrome bricks market is projected to be valued at USD 2,742.9 Million by 2027, according to a current analysis by Emergen Research. Increasing demand for magnesia chrome bricks from the iron & steel industry is a major factor driving the market. In the iron & steel industry, refractory materials such as magnesia chrome bricks indispensably constitute the lining of backup zones of furnaces and working interfaces used in iron and steel production and transportation of liquid steel, hot metal, and slag. About 70.0% of the global production of refractory materials is consumed in the steel industry. The worldwide crude steel production was 1,869.9 metric tons in 2019, a growth of 3.4% over that in the previous year. Growing steel production is likely to boost the market for magnesia chrome bricks during the forecast period.

The report covers historical revenue and sales volume, and the data is further validated to provide a forecast market estimation of the market size and sales numbers for key regions along with types and end-user applications. Moreover, the report also includes macroeconomic factors and regulatory policies pertaining to the Magnesia Chrome Bricks industry for evaluation and predictive analysis. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimation of the market growth in a post-COVID-19 scenario. 

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Competitive Outlook: The leading companies operating in the Magnesia Chrome Bricks market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Magnesia Chrome Bricks Market and Profiled in the Report are:

Calderys, Resco Products, RHI Magnesita NV, KT Refractories, Mayerton, Vesuvius, Chosun Refractories Co. Ltd., HarbisonWalker International Inc., Magnezit Group Ltd., Lanexis

Objectives of the Report:

Study of the global Magnesia Chrome Bricks market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Magnesia Chrome Bricks market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Magnesia Chrome Bricks market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Magnesia Chrome Bricks market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

• Product Type Outlook (Revenue, USD Million; 2017–­­­2027)

  • Common Magnesite Chrome Brick
  • Direct Bonded Magnesia Chrome Brick
  • Fused Rebonded Magnesite Chrome Brick
  • Chemically Bonded Magnesium Brick
  • Fused Cast Magnesite Chrome Brick

• Application Outlook (Revenue, USD Million; 2017–­­­2027)

  • Iron & Steel
  • Non-ferrous Metals
  • Power Generation
  • Glass
  • Cement
  • Others

• Regional Outlook (Revenue, USD Million; 2017–­­­2027)

  • North America
    1. U.S.
    2. Canada
    3. Mexico
  • Europe
    1. Germany
    2. U.K.
    3. France
    4. BENELUX
    5. Rest of Europe
  • Asia Pacific
    1. China
    2. Japan
    3. South Korea
    4. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • Middle East & Africa
    1. Saudi Arabia
    2. UAE
    3. Rest of Middle East & Africa

Regional Segmentation:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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