New trends of China refractory materials
Refractory industry, a serious excess capacity is more prominent in the current situation. Therefore, we must resolutely control the production, firmly grasp the domestic and abroad markets. China is a large consumer of
refractory materials, refractory consumption accounts is about 60% of the total global consumption, is still the leading market for
refractories. Therefore, no matter how the economic situation changes, the domestic market is still a large market for refractory consumption. At the same time, refractory production need to expand the international market.
Chinese refractory products exported to more than 150 countries and regions. It is noteworthy that Vietnam, Indonesia, the demand of refractory is increasing. In 2016, the export volume of alkaline
refractory materials up to 877,600 tons. Silicate Alumina refractory material up to 662,400 tons. In this regard, refractory production and export enterprises need to stabilize the existing export market, at the same time, tracking changes of the international market timely, and further expand the market space, increase exports.