Market Overview & Regional Analysis
Asia-Pacific leads the global market, accounting for over 45% of demand due to rapid industrialization in China and India. The region's booming construction sector and expanding manufacturing base continue to drive consumption, particularly in glass production and metal processing facilities.
North America maintains steady growth, supported by refurbishment programs in existing industrial plants and stringent environmental regulations pushing for more efficient refractory solutions. Europe shows moderate expansion, with Germany and Italy remaining key consumers in the glass and petrochemical industries.
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