What Are The Evolutions And Future Innovations In The Refractory Industry?
February 21, 2023 ⚊ 1 Min read ⚊ Views 81 ⚊ BLOG
The refractory materials help to melt, fire, and shape many metal tools from the early 3000 BC. In the last, over 5,000 years refractory process evolved to change how humans lived. Significantly during the industrial revolutions of the 18th and 19th centuries, the refractory industry proliferated. Refractories are essential in all high temperature-involved processes in several sectors, from making steel from iron to cement, petrochemical, energy, etc. And with more future innovations, experts predict its growth at a CAGR of 4.5 % to reach 44.82 from 33.01 billion dollars from 2022 to 2029.
Tags: refractory industry, refractory process
