US demand for refractory products is forecast to advance eight percent annually through 2014, reflecting a rebound in steel manufacturing from dismal 2009 levels. Preformed shapes and certain monolithics will see the strongest gains, based on their ease of use and versatility, respectively. Nonclay refractory materials will outpace clay types.

This study analyzes the $2.1 billion US refractory industry. It presents historical demand data for the years 1999, 2004 and 2009, and forecasts for 2014 and 2019 by refractory form (e.g., bricks and shapes, monolithics), material (e.g., nonclay, clay) and market (e.g., metals industries, nonmetallic mineral processing, engineering contractors).

The study also considers market environment factors, details industry structure, evaluates company market share and profiles 26 industry players, including Cookson, ANH Refractories and Saint-Gobain.

				    TABLE OF CONTENTS

     SECTION									    PAGE

		INTRODUCTION	viii

	I.	EXECUTIVE SUMMARY						       1

	II.	MARKET ENVIRONMENT						       4
		General								       4
		Macroeconomic Trends						       5
		Capital Spending/Fixed Investment Trends			       9
		Manufacturing Sector Outlook					      12
		   Durable Goods						      15
		   Nondurable Goods						      15
		Refractory Technology						      16
		   Basic Refractory Properties					      18
		   Refractory Shapes & Forms					      20
		   Refractory Materials						      21
		   Other Technological Developments				      23
		Pricing Trends							      23
		Historical Market Trends					      26
		International Environment					      29
		   World Supply & Demand					      30
		   Trends in US Foreign Trade					      33
		      Imports							      35
		      Exports							      38

	III.	FORMS								      42
		General								      42
		   Refractory Supply & Demand by Value				      43
		   Refractory Supply & Demand by Volume				      45
		Refractory Bricks & Shapes					      48
		   Standard Bricks						      50
		   Preformed Shapes						      53
		Monolithic Refractories						      56
		   Castables							      59
		   Gunning Mixes						      61
		   Plastics & Ramming Mixes					      63
		   Bonding & Other Mortars					      65
		Other Refractory Forms						      67

	IV.	MATERIALS							      70
		General								      70
		   Refractory Supply & Demand by Value				      71
		   Refractory Supply & Demand by Volume				      73
		Nonclay Refractory Products					      76
		   Magnesite & Chrome						      80
		   Zircon & Zirconia						      83
		   Extra-High-Alumina						      86
		   Silicon Carbide						      88
		   Ceramic Fibers						      91
		   Graphite & Carbon						      94
		   Silica							      96
		   Mullite							      99
		   Dolomite & Other Nonclay Refractories			     101
		Clay Refractory Products					     104
		   High-Alumina							     108
		   Fireclay							     109
		   Insulating							     112

	V.	MARKETS								     115
		General								     115
		Metals Industries						     118
		   Outlook							     119
		      Iron & Steel						     121
		      Nonferrous Metals						     122
		      Metal Casting & Fabrication				     123
		   Refractory Market						     124
		      Iron & Steel						     126
		      Nonferrous Metals						     131
		      Metal Casting & Fabrication				     134
		Nonmetallic Mineral Processing Industries			     136
		   Outlook							     137
		   Refractory Market						     138
		      Ceramics							     139
		      Glass							     141
		      Cement, Lime & Other Mineral Processing			     144
		Engineering Contractors						     147
		Nonmanufacturing Refractory Market				     148
		Petroleum & Chemicals						     150
		Other Manufacturing Industries					     152

	VI.	INDUSTRY STRUCTURE						     155
		General								     155
		Industry Composition & Restructuring				     156
		Market Share							     160
		   Leading Refractory Producers					     161
		   Significant Raw Material Suppliers				     164
		Product Development & Manufacturing				     165
		Marketing & Distribution					     169
		Mergers & Acquisitions						     171
		Company Profiles						     173
		   Alcoa Incorporated						     174
		   Allied Mineral Products Incorporated				     175
		   Almatis GmbH							     177
		   AluChem Incorporated						     180
		   American Precast Refractories, see 
		      Allied Mineral Products 
		   ANH Refractories Company					     181
		   Asbury Carbons Incorporated					     186
		   BNZ Materials Incorporated					     187
		   CALDERYS, see Imerys 
		   C-E Minerals, see Imerys 
		   CerCo LLC							     189
		   Cookson Group plc						     191
		   Corning Incorporated						     194
		   Harbison-Walker Refractories, see ANH Refractories 
		   Imerys SA							     196
		   Kerneos, see Materis Holding Luxembourg
		   Kyanite Mining Corporation					     201
		   Lhoist SA							     203
		   LWB Refractories, see Magnesita
		   Magneco/Metrel Incorporated					     204
		   Magnesita SA							     206
		   Materis Holding Luxembourg SA				     208
		   McDanel Advanced Ceramic Technologies LLC			     210
		   Minerals Technologies Incorporated				     211
		   Minteq International, see Minerals Technologies 
		   Morgan Crucible Company plc					     214
		   Morganite Crucible, see Morgan Crucible 
		   North American Refractories, see ANH Refractories 
		   Plibrico Company LLC						     219
		   Resco Products Incorporated					     221
		   RHI AG							     224
		   Rio Tinto Group						     227
		   Saint-Gobain							     229
		   Thermal Ceramics, see Morgan Crucible 
		   Timcal America, see Imerys 
		   Treibacher Schleifmittel North America, see Imerys 
		   TYK Corporation						     233
		   Unifrax I LLC						     234
		   United Refractories, see Resco Products
		   Vesuvius Group, see Cookson Group 


				      LIST OF TABLES

    TABLE NUMBER								    PAGE


		SECTION I -- EXECUTIVE SUMMARY
		Summary Table							       3

		SECTION II -- MARKET ENVIRONMENT
	1	Macroeconomic Indicators					       9
	2	Nonresidential Fixed Investment					      12
	3	Manufacturers’ Shipments					      14
	4	Selected Refractory Pricing					      25
	5	Refractory Market, 1999-2009					      28
	6	World Refractory Demand by Region				      33
	7	US Foreign Trade in Refractories				      35
	8	US Refractory Imports by Source					      37
	9	US Refractory Exports by Destination				      40

		SECTION III -- FORMS
	1	Refractory Supply & Demand by Form in Value Terms		      44
	2	Refractory Supply & Demand by Form in Volume Terms		      47
	3	Refractory Brick & Shape Supply & Demand			      50
	4	Standard Brick Refractory Shipments				      53
	5	Preformed Shape Refractory Shipments				      56
	6	Monolithic Refractory Supply & Demand				      59
	7	Castable Refractory Shipments					      61
	8	Gunning Mix Refractory Shipments				      63
	9	Plastics & Ramming Mix Refractory Shipments			      65
	10	Bonding & Other Mortar Refractory Shipments			      67
	11	Other Refractory Form Supply & Demand				      69

		SECTION IV -- MATERIALS
	1	Refractory Supply & Demand by Material in Value Terms		      72
	2	Refractory Supply & Demand by Material in Volume Terms		      75
	3	Nonclay Refractory Supply & Demand				      78
	4	Magnesite & Chrome Refractory Shipments				      83
	5	Zircon & Zirconia Refractory Shipments				      86
	6	Extra-High-Alumina Refractory Shipments				      88
	7	Silicon Carbide Refractory Shipments				      90
	8	Ceramic Fiber Refractory Shipments				      94
	9	Graphite & Carbon Refractory Shipments				      96
	10	Silica Refractory Shipments					      98
	11	Mullite Refractory Shipments					     101
	12	Dolomite & Other Nonclay Refractory Shipments			     104
	13	Clay Refractory Supply & Demand					     106
	14	High-Alumina Clay Refractory Products				     109
	15	Fireclay Refractory Shipments					     112
	16	Insulating Clay Refractory Products				     114

		SECTION V -- MARKETS
	1	Refractory Demand by Market					     117
	2	Metals Industry Indicators					     120
	3	Metals Industry Refractory Market				     126
	4	Iron & Steel Production Refractory Market			     127
	5	Nonferrous Metal Production Refractory Market			     134
	6	Metal Casting & Fabrication Refractory Market			     136
	7	Nonmetallic Mineral Product Shipments				     138
	8	Nonmetallic Mineral Product Refractory Market			     139
	9	Ceramic Refractory Market					     141
	10	Glass Refractory Market						     144
	11	Cement, Lime & Other Mineral Processing Refractory Market	     146
	12	Engineering Contractor Refractory Market			     148
	13	Nonmanufacturing Refractory Market				     150
	14	Petroleum & Chemical Refractory Market				     152
	15	Other Manufacturing Industries Refractory Market		     154

		SECTION VI -- INDUSTRY STRUCTURE
	1	Revenue Data: Selected Refractory & Raw Materials 
		   Manufacturers, 2009						     159
	2	Capital Spending Patterns: Selected Refractory Manufacturers	     169
	3	Selected Acquisitions & Divestitures				     172

				      LIST OF CHARTS

    CHART NUMBER								    PAGE


		SECTION I -- EXECUTIVE SUMMARY

		SECTION II -- MARKET ENVIRONMENT
	1	Melting Points of Industrial Materials & Refractories		      19
	2	Selected Refractory Pricing, 1999-2019				      26
	3	Refractory Market, 2000-2009					      29
	4	US Refractory Imports by Source, 2009				      38
	5	US Refractory Exports by Destination, 2009			      41

		SECTION III -- FORMS
	1	Refractory Demand by Form in Value Terms, 1999-2019		      45
	2	Refractory Demand by Form in Volume Terms, 1999-2019		      48

		SECTION IV -- MATERIALS
	1	Refractory Demand by Material in Value Terms, 1999-2019		      73
	2	Refractory Demand by Material in Volume Terms, 1999-2019	      76
	3	Nonclay Refractory Shipments by Material, 2009: 
		   Value vs. Volume						      79
	4	Clay Refractory Shipments by Material, 2009: Value vs. Volume	     107

		SECTION V -- MARKETS
	1	Refractory Demand by Market, 2009				     118

		SECTION VI -- INDUSTRY STRUCTURE
	1	US Refractory Market Share by Company, 2009			     161