White Fused Mullite Market: Overview
- White fused mullite is manufactured in an electric furnace by the fusion of high purity alumina and high purity silica at high temperatures. It is a major raw material used in the refractory industry for applications that require high thermal shock and corrosion resistance.
- White fused mullite is extensively utilized in diverse applications such as refractories for glass and steel industries, shell building material, investment casting, kiln furniture, and spark plug bodies. It offers low conductivity, excellent resistance against thermal shock, and deformation under load.
Key Drivers and Restraints of White Fused Mullite market
- Expansion of the building & construction industry is expected to drive the demand for iron products. This, in turn, is expected to fuel the manufacture of refractories, which are used to produce iron and glass. White fused mullite is extensively used as lining bricks in glass body kilns and large hot wind furnaces in iron-making blast furnace. Consequently, increase in manufacture of refractories is expected to drive the white fused mullite market in the near future.
- Improvement in economic conditions of developing countries in Middle East & Africa and Latin America is projected to propel the demand for iron and glass based products in these countries. Efforts taken by governments to increase regional connectivity through improvements in rail and airport infrastructure and expansion of the residential construction market are projected to augment the manufacture of refractories during the forecast period. This, in turn, is likely to boost the demand for white fused mullite in the near future.
- Higher power consumption and large downtime for electric forklift are factors restraining the white fused mullite market
Global White Fused Mullite Market: Segmentation
Based on application, the global white fused mullite market can be segmented into refractories for glass and steel industries, shell building material, investment casting, kiln furniture, and spark plug bodies
Global White Fused Mullite Market: Regional Segmentation
- In terms of region, the global white fused mullite market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
- Asia Pacific is anticipated to be a lucrative region for white fused mullite during the forecast period, owing to an increase in per capita income of the people and rise in urbanization in the region. This, in turn, is projected to drive the building & construction sector across the region. For instance, through the ‘Housing for All’ initiative, the Government of India aims to build 20 million affordable houses for the urban poor by 2022. This initiative is expected to significantly boost residential construction across the country. Additionally, investments in energy infrastructure projects are likely to rise due to an increase in focus on expansion of renewable energy resources. This is anticipated to augment the white fused mullite market in Asia Pacific.
- The market in North America is already well-established. Manufacturers of white fused mullite in in North America are more focused on enhancing the quality of white fused mullite for various end-use industries and development of new innovative products to strengthen their presence in the global market.
- The white fused mullite market in Latin America is projected to expand at a sluggish pace compared to the market in Asia Pacific, due to the presence of a few producers of white fused mullite in the region
- The white fused mullite market in Middle East & Africa is expected to expand at a significant pace, due to rapid expansion of the building & construction sector across the region. Rise in population and significant improvements in economic conditions have led to an increase in demand for residential, hospitality, health care, and infrastructure facilities across GCC and the UAE. These factors are likely to augment the demand for refractories in iron & steel and cement industries. This is anticipated to boost the demand for white fused mullite, which is extensively utilized in manufacture of refractories.
COVID-19 Impact on Global White Fused Mullite Market
- The COVID-19 pandemic has adversely affected the global white fused mullite market. The building & construction sector activities across the globe suffered temporary shut down during lockdowns. However, rise in economy and relief packages provided by various governments around the world are driving demand recovery in construction after lockdowns. This is likely to boost the market in the near future.
Key Players in Market
The white fused mullite market is consolidated. It is dominated by a handful of large manufacturers and small producers. Key manufacturers operating in the global white fused mullite market include:
- Washington Mills Electro Minerals Limited
- Carborundum Universal Limited
- KT Refractories US Company
- Henan Ruishi Renewable Resources Group Co.,Ltd.
- Imerys Refractory Minerals
- Monofrax LLC
- SHOWA DENKO K.K.
- Pred Materials International, Inc.
- Ashapura Minchem Ltd
- Electro Abrasives, LLC.
- Dashiqiao Dongxing Mining Co. Ltd
- Sinocean Technology
- MOTIM Electrocorundum Ltd.
- Orient Abrasives Ltd
Global White Fused Mullite Market: Research Scope
Global White Fused Mullite Market, by Application
- Refractories for Glass and Steel Industries
- Shell Building Material
- Investment Casting
- Kiln Furniture
- Spark Plug Bodies
Global White Fused Mullite Market, by Region
- North America
- Russia & CIS
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
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