Dry Ramming Mass Market Analysis, Size, Share, Growth, Trends, and Forecasts by 2031
Global dry ramming mass market was valued at US$ 2.2 billion in 2022 and is likely to reach US$ 5.6 billion by 2032, registering a CAGR of 9.3% over the forecast period of 2023-2032.
The dry ramming is an advanced process within refractory materials. It involves applying a specific dry mixture in powdered form, known as dry ramming mass, skilfully compacted into furnace linings. This creates a solid and robust barrier in environments with extreme temperatures. This process is essential in industries like steel, foundry, and glass manufacturing, where maintaining the integrity of furnace linings is crucial. Dry ramming excels in offering thermal insulation, resistance to wear, and protection against corrosive effects, ensuring top-notch performance and longevity of industrial furnaces.
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Globally, the increasing demand for steel production is anticipated to positively impact the dry ramming mass market. As a foundational material in numerous industries, steel is extensively used in construction, automotive, infrastructure, and manufacturing. This drives a notable increase in steel production, subsequently heightening the demand for reliable and high-performance refractory materials like dry ramming mass. Dry ramming mass plays a crucial role, especially in electric arc furnaces (EAFs), integral to the steelmaking process. EAFs demand linings capable of withstanding extreme temperatures, resisting corrosive effects from molten metal and slag, and providing optimal thermal insulation. Dry ramming mass meets these stringent requirements, offering a robust solution for the challenging environments within EAFs.
The building sector, a massive user of metallic elements, is presently undergoing a worldwide upswing owing to urban growth, the expansion of infrastructure, and an uptick in population. This swell in construction undertakings directly results in heightened requests for metallic elements, triggering a chain response in the necessity for heat-resistant materials. The dry ramming mass, with its proficiency in forming robust and heat-efficient inner linings for furnaces, becomes indispensable in guaranteeing the effectiveness and lastingness of equipment used in producing metallic elements
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