"Innovative Market Solutions to Help Businesses Make Informed Decisions"
Heat is an important source of energy. Heat energy has myriad uses in human daily life. Several processes are incomplete without the application of heat. Several methods have been discovered by humans to generate heat and utilize it for the betterment of mankind. Heat generation using boilers is one of the most primary ways of heat generation.
To increase the process efficiency, the heat required is increasing, and hence the temperature is rising as result of increased heat. Boiler refractories are non-metallic inorganic materials which substantially retain their strength, chemical and physical properties at high temperatures that make them suitable for construction or lining of high-temperature furnaces, kilns, and reactors.
Based on chemical nature, the boiler refractory material market can be segmented into acidic, neutral and base or alkali. Acid materials consist of clay, quartz, silica, gamester, and sandstone. Neutral materials include graphite, chromite, alumina, and plumbago. Base or alkali consist of lime, zirconia, and magnesia.
Key Market Driver -
Key Market Driver – Increase in number of power plants
Key Market Restraint -
Key Market Restraint – High cost of production of refractory material
Based on type, the boiler refractory material market is divided in Fireclay Refractories, High-Alumina Refractories, Silica Refractories, Basic Refractories, and Insulating Refractories. Refractory fireclays consist mostly of hydrated aluminum silicates (generally Al2O3 ⋅ 2SiO2 ⋅ 2H2O) along with smaller quantities of other minerals.
High-alumina bricks have Al2O3% ranging from 50 to 99, Fe2O3% from 0.2 to 3.0. Alumina refractories are more refractory than fireclay, approximately in proportion to their content of alumina. Basic refractory is any heat-resistant material used for basic linings. The raw material used here includes magnesite (MgCO3), dolomite (CaMg(CO3)2), chrome ore, etc.
Silica Refractories are made from high-purity crystalline mineral quartz and silica gravel deposits with low alumina and alkali contents. They are chemically bonded with 3–3.5% lime.
The major market driver for the global boiler refractory material market is the increasing demand for electricity worldwide. Almost all modern power plants require a boiler to generate steam. The rising number of power plans provide a big boost for the boiler refractory material market. The key market restraint for the global boiler refractory material market is the high cost of production of the refractory material.
Some of the major companies that are present in the boiler refractory material market are TRL Krosaki, Schad Refractory, Delta Refractories (Pty.) Ltd., Calderys, Manley's Boiler, LLC, Ranchi Refractories (India) Pvt Ltd., and Vesuvius.
The global boiler refractory material market has now been spread into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia-Pacific is the dominant player in the boiler refractory material market. Power plants which use combustion of fuel to generate electricity use boilers. Several of these boilers are old and require refurbishment and modernization. The boiler refractory material is changed during this upgradation. Similar activities are being carried out in Europe, North America, and Latin America.
To gain extensive insights into the market, Request for Customization
The new thermal power plants are generally combined heat and power, combined cycle or co-generation gas-powered power plants. These power plants require boiler and boiler refractory materials. Bio-mass fired boilers are used in countries like Indonesia, Brazil, etc. which have abundant biofuels. Several industries like chemical, food & beverage, metallurgical, etc. use boilers in the process flow.
By Chemical Nature
“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”- U.S.-based biotechnology company focussing on treatment of chronic pain.
“Kudos to your team. Thank you very much for your support and agility to answer our questions.”- Europe-based provider of solutions to automate data centre operations.
“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”- India-based manufacturer of industrial and specialty intermediates with a strong global presence.
“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”- One of the largest cosmetics company in the world.
“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”- U.S. based startup operating in the cultivated meat market.
“We received the below report on the U.S. market from you. We were very satisfied with the report.”- UGlobal hearing aids manufacturer.
“I just finished my first pass-through of the report. Great work! Thank you!”- U.S. based solar racking solutions provider.
“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”- World’s leading advisory firm.
“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”- Germany based machine construction company.
“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”- Japanese manufacturing company of stationery products.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry