Dry Ramming Mass Market worth $3.2 billion by 2028 – At a CAGR of 6.8%

Dry Ramming Mass Market worth $3.2 Billion by 2028 - At a CAGR of 6.8%

As per the recently published report by MarketsandMarkets™, The Dry Ramming Mass Market by Type (Alumina Ramming Mass, Silica Ramming Mass, Magnesia Based Ramming Mass), Application (Foundries, Steel, Electric Arc Furnace, Blast Furnace, Non-Steel), Function, and Region – Global Forecast to 2028″, is projected to reach USD 3.2 billion by 2028, at a CAGR of 6.8% from USD 2.3 billion in 2023. The global expansion of the steel industry, enhanced cost and operational efficiency, and continuous technological advancements will contribute to the rapid growth in the demand for dry ramming mass market.

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  • 201 Market data Tables
  • 41 Figures
  • 221 Pages and in-depth TOC on “Dry Ramming Mass Market – Global Forecast to 2028”

This report also provides a comprehensive analysis of the companies listed below:

The key players in the dry ramming mass market are Saint-Gobain (France), Dense Refractories Co., Ltd. (China), Imperial World Trade Private Limited (India), Vishva Vishal Refractory Limited (India), Refcast Corporation (India), Henan Xinmi Changxing Refractory Material Co., Ltd. (China), Casco Specialty Products, Inc.(US), Gita Refractories Private Limited (India), Shenghe Refractories (China), RHI Magnesita N.V.  (Austria) etc. New product launches and expansions are the major growth strategies adopted by the key players in the market.

Recent Developments in Dry Ramming Mass Market Industry
  1. In 2022, Saint-Gobain, a global leader in building materials and construction solutions, announced a collaboration with Imerys to develop next-generation refractory materials, including dry ramming mass, for the steelmaking industry. This collaboration aims to leverage the expertise of both companies to develop innovative and sustainable refractory solutions.
  2. In 2022, Imerys, a global leader in mineral-based solutions, acquired Kerneos, a French manufacturer of refractory products, including dry ramming mass. This acquisition strengthened Imerys’ position in the refractory market and expanded its product portfolio to include a wider range of dry ramming mass solutions.
  3. In 2020, Harbison-Walker International, a leading global provider of refractory products, merged with Morando, an Italian manufacturer of refractory materials, including dry ramming mass. This merger created a global refractory powerhouse with a strong presence in the European market and a wider range of dry ramming mass solutions.
  4. In 2019, Plibrico, a North American manufacturer of refractory products, merged with Vesuvius, a global provider of refractory and high-performance materials. This merger created a global refractory leader with a strong presence in the North American market and a wider range of dry ramming mass solutions.

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Based on type, the dry ramming mass market has been segmented into alumina ramming mass, silica ramming mass, magnesia-based ramming mass and others. Alumina ramming mass accounted for the largest share, in terms of value, of the global market in 2023.

Alumina ramming mass is favored in certain applications due to the specific properties that make it advantageous compared to silica and magnesia-based ramming masses. Alumina ramming mass is primarily composed of high-alumina aggregates, typically exceeding 80% alumina content. This high alumina content provides excellent refractoriness and resistance to high temperatures. Alumina ramming mass exhibits good resistance to thermal shock. This property is crucial in applications involving rapid changes in temperature, such as the heating and cooling cycles experienced in metal melting and casting processes. Alumina ramming mass is particularly well-suited for melting and holding non-ferrous metals, such as aluminum and its alloys. Its composition and properties make it effective in these applications. Alumina is chemically inert, which means it does not easily react with molten metals or slags. This property is beneficial in maintaining the stability of the lining and preventing unwanted reactions that could affect the quality of the metal being processed. Alumina ramming mass often exhibits good abrasion resistance, contributing to the longevity and durability of the refractory lining in the furnace. 

Based on application, the dry ramming mass market has been segmented into foundries, steel, electric arc furnaces, blast furnaces, non-steel and others. Steel accounted for the largest share, in terms of value, of the global market in 2023.

In steelmaking, ladles are used to transport and pour molten steel. Dry ramming mass is often employed to line the ladles, providing thermal insulation and resistance to the corrosive effects of molten steel and slag. Dry ramming mass can be used to construct covers for steel ladles. These covers help retain heat during the transportation of molten steel, preventing excessive heat loss. Tundishes are vessels that temporarily hold and distribute molten metal during the continuous casting process. Dry ramming mass can be used to line tundishes, providing a refractory barrier that withstands high temperatures and ensures the quality of the cast steel.

In steel manufacturing, reheat furnaces are used to bring steel ingots or slabs to the desired temperature before further processing. Dry ramming mass can be utilized in the refractory lining of these furnaces. For smaller-scale applications or specific alloy production, steel crucibles lined with dry ramming mass may be employed. These crucibles provide a controlled environment for melting and alloying processes. Dry ramming mass can be used to line pouring channels and troughs that guide molten steel from the furnace to the molds during casting processes, ensuring a smooth and controlled flow. Some steelmaking processes involve the use of mixer furnaces to blend different grades of steel or alloys. Dry ramming mass can be used to line these furnaces, contributing to thermal stability and resistance to wear.

Based on function, the dry ramming mass market has been segmented into lining, repairing, and patching among others. Lining accounted for the largest share, in terms of value, of the global market in 2023.

The majority of refractory materials are initially used for lining purposes during the construction and installation of furnaces, kilns, and other industrial equipment. When new facilities are built, they require extensive refractory linings to withstand high temperatures, corrosive environments, and mechanical stresses. Furnaces and industrial equipment have relatively long lifecycles. Once a refractory lining is installed, it can last for an extended period before significant repairs or replacements are needed. This results in a continuous demand for lining materials. Refractory linings play a critical role in maintaining the integrity of industrial processes. They protect against high temperatures, chemical reactions, and mechanical wear. As such, there is a consistent need for high-quality refractory materials to line furnaces and other processing units.

Refractory linings are used in a wide range of industries, including steel, cement, glass, non-ferrous metals, petrochemicals, and more. The diverse applications across different sectors contribute to a large market for lining materials. Advances in refractory technology, including the development of high-performance and specialized lining materials, contribute to the continued demand for these materials in various industries. 

Asia Pacific is the largest and fastest growing market for dry ramming mass. The market for this region is segmented into China, Japan, India, Indonesia, Thailand, Malaysia, Vietnam and rest of Asia Pacific. The Asia Pacific region has experienced rapid industrialization over the past few decades. The growth of industries such as steel, non-ferrous metals, and foundries in countries like China, India, Japan, and South Korea has led to an increased demand for refractory materials, including dry ramming mass. China, in particular, is the world’s largest producer of steel. The steel industry is a major consumer of refractories, and the high production levels in China contribute significantly to the demand for dry ramming mass.

The Asia Pacific region has been undergoing extensive construction and infrastructure development. These projects, including the construction of new industrial facilities, require refractory materials for various applications, contributing to the demand for dry ramming mass. The region is home to a diverse range of manufacturing activities, including automotive, electronics, and heavy machinery production. Many of these industries use furnaces and other high-temperature equipment that require reliable refractory linings. The production of non-ferrous metals such as aluminum, copper, and zinc has been increasing in the Asia Pacific region. These industries utilize dry ramming mass in the construction and maintenance of furnaces and other processing equipment. Government initiatives, investments, and policies supporting industrial growth and infrastructure development in various Asia Pacific countries contribute to the sustained demand for refractory materials.

The Asia Pacific region has a competitive landscape with numerous manufacturers and suppliers of refractory materials. This competition can contribute to a robust market for dry ramming mass. The region has seen advancements in manufacturing technologies, including improvements in the quality and performance of refractory materials. This contributes to the adoption of advanced dry ramming mass products in industrial applications. The energy and petrochemical sectors in countries like China and India are expanding. Refractory materials are essential for the construction and maintenance of furnaces and reactors in these industries.

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