The fire - resistant material industry develops new trend, the quality drives the industry development.

According to the 2017 global market report on resistant materials, the global consumption of refractory materials is expected to increase by 4 percentage points over 2016. 'predicts 2021, the global refractories market value will grow at an annual rate of 3.4%, the refractory market is developing towards a more positive direction, should also be foreseen that the future around the quality of the products will be more competitive.

1. Quality is king. In 2017, the highest consumption proportion in the global refractory market is magnesium, which is more than 40 percent. The ranking was followed by high alumina refractories, accounting for 20 percent of the total. Over the next five years, magnesium refractory consumption will have a substantial some mid-range consumption of refractory products will be gradually transformed into higher-end products consumption. At the same time, because the incompatible problem between the composition, chrome refractory consumption is gradually reduced, higher requirements are put forward for the purity of the product, to the cost of production may cause a certain rate of growth.

2. The demand for castings will increase. According to CWResearch, the consumption of castings in 2017 will be more than 30 percent of the total consumption of refractories and is expected to double in 2010. The increase in the consumption of pouring material has increased the demand for the merchants to prolong the service life of the product. Meanwhile, for the large number of users of the pouring material, the replacement cost has also increased accordingly.

3. Industry integration. It is not only the refractory industry, but in any industry, the development process will be accompanied by competition and innovation, and only competition and innovation can continuously promote the healthy development of the industry. With the restriction of mining industry in China, the development of refractory industry will be full of competition in the years to come, and the enterprises that depend entirely on China's raw material market will be in a position to be integrated.