Global and China Refractory Material Industry Report, 2014-2016
- September 2014
- 135 pages
- Research In China
Now, China is the largest producer and exporter of refractory materials around the globe. In 2013, China’s refractory material output hit 28.189 million tons, sweeping more than 66% of the world’s total; export volume topped 1.769 million tons, 51.7 times the import volume.
Despite the global leading position, Chinese refractory materials have been confronted with the prominent problem of overcapacity in recent years. Additionally, subject to growth slowdown in downstream sectors, the falling demand and other factors, market competition intensifies. Enterprises in the field received reduced orders and saw sales volume in decline, some companies even in the red.
According to statistics of The Association of China Refractories Industry (ACRI), in 2013, 59 key refractory material companies in China posted a year-on-year rise of 3.19% in refractory material output and a year-on-year increase of 2.83% in sales but a year-on-year drop of 10.36% in profit.
In the future, Chinese refractory material industry will enter a range of lower growth and may even experience some slight decrease. It is projected that during 2014-2016, Chinese refractory material output will register an AAGR of around 3.8%.
Against the sluggish market, companies at home and abroad have made breakthroughs in various ways, in which merging and reorganization becomes an edge tool in improving market concentration.
RHI is the largest refractory material company with 33 plants in the world, 4 of which are located in China, capable of producing 1.7 million tons of refractory materials annually. In 2013, RHI gained 69.6% equity of Orient Refractories Ltd. via two successive acquisitions; in 2014, RHI planned to take over one raw material plant in Erzurum, Turkey of Cihan Group and the mining right.
Vesuvius was once acquired by Cookson Group in 1986 and got separated from it at the end of 2012 and listed in London Stock Exchange. 2013 witnessed Vesuvius achieve revenue of GBP1.41 billion, in which GBP460 million came from refractory materials.
Puyang Refractories Group Co., Ltd. has successively acquired and reorganized Kunming Iron and Steel Refractories, Shanghai Baoming Refractories Co. Ltd., Jiaozuo Bigger Refractories Co., Ltd. and so forth; in 2013, Puyang Refractories gained 100% equity of Zhengzhou Huawei Refractories Co., Ltd. and in 2014 it planned to obtain 100% stake of Maanshan Yushan Metallurgical New Materials Co., Ltd. and 100% stake of Zhengzhou Huite Refractory Material Co., Ltd. via merger and acquisition.
Shandong Luyang Share Co., Ltd. brought in the overseas strategic investor – Unifrax Asia-Pacific Holding Limited, and gained 100% stake of Unifrax (Suzhou) in Aug. 2014.
Beijing Lier High-temperature Materials Co., Ltd. finalized its mergers and acquisitions of Liaoning Jinhong Mining and Liaoning Zhongxing Mining in 2013 and planned to spend RMB61.39 million in acquiring 100% equity of Shanghai Xintaishan High-temperature Engineering Materials Co., Ltd. (held by Shanxi Xixiaoping Refractories Co., Ltd.) in 2014.
Global and China Refractory Material Industry Report, 2014-2016 mainly analyzes the followings:
Development of global refractory material industry;
Policy and industry environment of Chinese refractory material industry;
Markey supply & demand, competitive landscape, etc. of Chinese refractory material market;
Development and major companies of refractory product segments such as basic refractory materials, unshaped refractory materials, ceramic fiber, etc.
Upstream/downstream refractory material market analysis;
Operation and refractory material business analysis of 7 key refractory material companies in the world and 8 ones in China.
1.1 Definition and Classification
1.2 Industry Chain
2 Development of Refractory Materials Worldwide
2.1 Market Supply & Demand
2.2 Major Countires/Regions
2.3 Key Enterprises
3 Development Environment of Refractory Materials in China
3.1 Major Policies
3.2 Trade Environment
3.2.2 Export Quota
3.3 Industry Environment
4 Refractory Material Market in China
4.1 Market Supply & Demand
4.2 Import & Export
4.3.1 Regional Pattern
4.3.2 Company Pattern
5 Refractory Product Segments
5.1 Basic Refractory Materials
5.1.2 Chrome-free Basic Refractory Materials
5.1.3 Competitive Landscape
5.2 Unshaped Refractory Materials
5.2.2 Company Competition.
5.3 Ceramic Fiber
5.3.2 Key Enterprises
5.3.3 Development Prospects
6 Upstream/Downstream Refractory Materials in China
6.1 Refractory Raw Material Market
6.2 Downstream Refractory Material Market
6.2.2 Refractory Materials for Steel Industry
6.2.3 Refractory Materials for Glass Industry
6.2.4 Refractory Materials for Cement Industry
7 Key Companies Worldwide
7.1.3 Development in China
7.2.3 Refractory Material Business
7.2.4 Development in China
7.3 Magnesita Refratários
7.3.3 Refractory Material Business
7.3.4 Development in China
7.4 Krosaki Harima
7.4.3 Development in China
7.5 Shinagawa Refractories
7.5.3 Development in China
7.6.3 Development in China
7.7 Morgan Advanced Materials (Formerly Morgan Crucible)
7.7.3 Development in China
8 Key Enterprises in China
8.1 Puyang Refractories Group Co., Ltd.
8.1.3 Revenue Structure
8.1.4 Gross Margin
8.1.5 Development Strategy
8.2 Shandong Luyang Share Co., Ltd.
8.2.3 Revenue Structure
8.2.4 Gross Margin
8.2.5 Development Strategy
8.3 Ruitai Materials Technology Co., Ltd.
8.3.3 Revenue Structure
8.3.4 Gross Margin
8.3.5 Operation of Subsidiaries
8.3.6 Development Strategy
8.4 Beijing Lier High-temperature Materials Co., Ltd?
8.4.3 Revenue Structure
8.4.4 Gross Margin
8.4.5 Development Strategy
8.5 Zhejiang Jinlei Refractories Co., Ltd.
8.5.3 Revenue Structure
8.5.4 Gross Margin
8.5.5 Key Projects
8.5.6 Development Strategy
8.6 Zhejiang Zili Corporation Limited
8.6.3 Revenue Structure
8.6.4 Major Clients
8.6.5 Development Strategy
8.7 Yingkou Qinghua Group Co., Ltd.
8.7.3 Key Projects
8.8 Wugang Refractory Co., Ltd.
8.9 Yingkou Jinlong Refractories Group Co., Ltd
8.10 Shandong Refractories Group Co., Ltd.
8.9.3 Major Subsidiaries
8.11 Tongda Refractory Technologies, Co. Ltd.
8.11.3 Key Projects
8.12 Sinosteel Refractory Co., Ltd.
8.13 Jiangsu Sujia Group Co., Ltd.
8.14 Haicheng Houying Tade Group Co., Ltd
8.14.3 Key Projects
8.15 Shanxi Xixiaoping Refractories Co., Ltd.
8.16.1 Zhengzhou Zhengdong Technology Co., Ltd.
8.16.2 Shandong Luqiao New Materials Co., Ltd.
8.16.3 Sinosteel Luoyang Institute of Refractories Research Co., Ltd.
8.16.4 Haicheng Magnesite Refractory General Factory
9 Summary and Forecast
Morgan Advanced Materials (Formerly Morgan Crucible)
Puyang Refractories Group Co., Ltd.
Shandong Luyang Share Co., Ltd.
Ruitai Materials Technology Co., Ltd.
Beijing Lier High-temperature Materials Co., Ltd?
Zhejiang Jinlei Refractories Co., Ltd.
Zhejiang Zili Corporation Limited
Yingkou Qinghua Group Co., Ltd.
Wugang Refractory Co., Ltd.
Yingkou Jinlong Refractories Group Co., Ltd
Shandong Refractories Group Co., Ltd.
Tongda Refractory Technologies, Co. Ltd.
Sinosteel Refractory Co., Ltd.
Jiangsu Sujia Group Co., Ltd.
Haicheng Houying Tade Group Co., Ltd
Shanxi Xixiaoping Refractories Co., Ltd.
Zhengzhou Zhengdong Technology Co., Ltd.
Shandong Luqiao New Materials Co., Ltd.
Sinosteel Luoyang Institute of Refractories Research Co., Ltd.
Haicheng Magnesite Refractory General Factory