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China Refractory Market Demand Huge

Since 2001, with the strong promotion of high temperature industries, refractory material industry has maintained a good growth trend. Now China has accounted for big proportion in the manufacturing and export refractory material.

From: iAbrasive.comDate: 2014-08-02 10:24:15 UTCViews: 269

Refractory material refers to inorganic non-metallic material with refractoriness no less than 1580 ℃. Refractory material is widely applied into steel, non-ferrous metal, glass, ceramic, electricity and military industry. Since 2001, with the strong promotion of high temperature industries, such as steel, non-ferrous metal, building materials, refractory material industry has maintained a good growth trend. Now China has accounted for big proportion in the manufacturing and export refractory material. 

From 2001 to 2010, the output of refractory raw material and products had grown steadily. Up to 2010, the yield of refractory material amounted to more than 28080 thousand tons. In 2011, 65% refractory material in the global is produced in China, and our output and sales ranked first. Last year, the production of refractory material of China is 292.825 million tons. 

The hot refractory material industry also pushed the development of their upstream abrasives manufacturers. Lots of brown fused alumina manufacturers, such as Yichuan County ShengYu Fireproof Material Co., Sanmenxia Mingzhu Electric Metallurgical Co.,Ltd, Henan Hengxin Industrial& Mineral Products Col.,Ltd, Henan Yuxin Abrasives Co., Ltd, benefit from that good development trend and achieve big success. At the same time, some international giants in refractory industry have determined to invest and establish factories in China. What they bring to abrasives manufacturers are not only chances but also challenges. How to broaden foreign trade business and gain a foothold in global market are what abrasive manufacturers should attach importance to. 

 

 

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