2014 China Refractory Material Industry Developing Trend

According to an official report, the developing mode of China refractory material is in the transition period to industry transformation and upgrading. The extensive growth in pursuit of productivity in the past is no longer adaptable to market trend. The Chinese government has formulated new policy to eliminate outdated capacity, promote industry concentration and form two to three business giants.

China refractory material enterprises have seen huge improvement since new technologies went into effect in strategic emerging industry and high-temperature industry. The sustainable development of refractory material industry is thereby guaranteed.

The specific demand for refractory material differs in industry, enterprise and assembly line. At present, iron, cement and glass industry have put great emphasis on refractory material purchasing and construction. So refractory material suppliers are required to do better in supporting products, product diversity, site construction standard and applied technology support. Meanwhile, the development of high-temperature industry facilitates refractory material to make technical progress and industry upgrading to a higher standard.

As a professional brown used alumina manufacturer for refractory materials, Yicuan Shengyu Refractory Material Co., Ltd. has done a great job. By making research into the current refractory market situation, the company exerts effort to upgrade outdated capacity, integrate existing resources and takes advantage of online foreign trade. It is capable to supply brown fused alumina for various applications involving making bonded abrasives, coated abrasives and refractory materials. Equipped with two stationary brown fused alumina smelting furnaces, the annual output of ShengYu can reach 40,000 tons. The products enjoy great popularity in overseas countries including Australia, Germany, France, Britain, US, Japan, Korea and Russia.

The example of Shengyu has given best testimony to the fact that reconstruction of refractory material industry structure and the improvement of a company’s core competitive force are bound to be important trends in the near future.—iAbrasive report