Refractories Market Size, Share, Growth, Trend, Forecast, & Industry Analysis

The refractories market is estimated to grow from USD 26.05 billion in 2022 to reach USD 32.62 billion by 2028 at a CAGR of 3.73% during the forecast period. Growing product demand from aerospace, automotive, electrical, glass, cement industries, progress in iron and steel industry, and rising demand for more energy efficient techniques in steel making are some of the major factors boosting the progress of the market during the assessment period.