Chinese Refractories Market Discussed in New AMID Report Now Available at MarketPublishers.com29 Jan 2016 • by Natalie Aster
LONDON – The global market for refractories was worth more than USD 40 billion in 2014 and it is expected to grow by approximately USD 15 billion by 2020. Rising demand for refractories in APAC emerges to be one of key factors driving growth of this marketplace.
China is one of the largest markets for refractories. This country dominates the global market in terms of production and it is also the largest exporter. For instance, China produced more than 28 million tonnes of refractories in 2013. Its market share is estimated at more than 50 percent.
However, the Chinese marketplace has recently started facing a problem of overcapacity. With growth slowdown taking place in downstream industries, lower demand and other factors, competition in the market becomes increasingly intensified.
New research report “Refractories Markets in China” drawn up by AMID Co., LLC offers in-depth examination of the refractories marketplace in China. The study provides a thorough overview of the business environment in the country. It contains a detailed insight into the refractories industry, estimates a market size and investigates market growth drivers. The report sheds light on technological advancements and major foreign investments. The research study covers sales trends and explores consumer spending trends. It unveils marketing strategies and discusses the competitive landscape.
Refractories Markets in China
Published: January, 2016
Price: US$ 4,000.00
More cutting-edge reports by this publisher are available at AMID page.