Refractories generally refer to inorganic non-metallic materials with refractoriness above 1580°C and able to withstand various physical and chemical changes and mechanical effects. Analysis of the development status of the refractory industry. Refractory materials are important basic materials and key consumables for high-temperature industry and all high-temperature devices. They are widely used in high-temperature industries such as metallurgy, building materials, non-ferrous metals, and light industry. Refractory materials are used in almost all industries that require thermal processing and heat treatment in the production process. The technological progress of refractory materials plays an irreplaceable key role in the development of high-temperature industry.

With the rapid development of the refractory industry, the equipment level of key refractory companies continues to improve, and the refractory industry is also shouldering the difficult task of adapting to the technological progress and rapid development of industries such as steel, cement, glass, and non-ferrous metals. According to the analysis of the refractories industry, my country's refractories have basically formed an industrial system for scientific research, design, production and application after years of development. It has played an important role in the development of my country's industry.

1. 2018 China refractory industry development status analysis

1. Analysis of the output of refractory materials

At present, my country's refractory industry market is very fragmented. There are many large and small refractory companies, and more than 2,000 companies have a main income of more than 20 million yuan, and more than 95% of the refractory companies are private enterprises. In terms of concentration, the current CR10 of the refractory industry is only 9%, far lower than the 39% of downstream steel, 60% of glass, and 31% of cement.

In 2018, driven by the demand of downstream industries at home and abroad, the output of refractory products in the country stopped the downward trend for four consecutive years, and the annual output reached 23.45 million tons, an increase of 2.3% year-on-year. The output of compact shaped refractory products was 13.27 million tons, and the growth rate was similar to that of refractory products. Among them, the growth rate of silica bricks and magnesia bricks was faster, with an increase of 40% and 30%, respectively; the output of thermal insulation refractory products was 540,000 tons, year-on-year An increase of 5.1%; the output of amorphous refractory products was 9.64 million tons, a year-on-year increase of 2.1%.

2013-2018 China Refractory Output Trend

2012-2018 January-June national output and growth rate of dense shaped refractory products

2012-2018 January-June national output and growth rate of unshaped refractory products

2012-2018 January-June National Thermal Insulation and Refractory Product Output and Growth Rate

2. Analysis of the operation of the refractory industry

In 2018, the main business income of national refractory products was 208.0 billion yuan, an increase of 12% year-on-year; the total profit was 14.6 billion yuan, an increase of 38.4% year-on-year. The industry's main business income growth rate is higher than the production growth rate, the profit growth rate is higher than the main business income growth rate, and the quality of development has improved.

2018 China Refractory Products Main Business Revenue and Profit Trend

3. Analysis of the export situation of refractory materials

In 2018, the export trade volume of refractory raw materials and products reached a record high, reaching 4.17 billion US dollars, an increase of 35.6% year-on-year. The annual export volume was 6.355 million tons, a year-on-year decrease of 0.54%, of which the export volume of refractory materials was 4.55 million tons, a year-on-year decrease of 3.1%; the export volume of refractory products was 1.805 million tons, an increase of 6.5% year-on-year. Export changes.

2018 export of refractory raw materials and products

2. Development trend of refractory industry

According to the statistics of the National Bureau of Statistics, there are nearly 2,000 enterprises above the production scale of refractory raw materials and products in the country, but there are only more than 100 refractory raw materials and product production enterprises with annual sales income of more than 100 million yuan. The sales revenue of the top 60 refractory products manufacturing enterprises only accounts for about 30% of the national annual sales revenue of refractory products. The top 10 refractory production companies also account for only about 15%. The initial investment of refractory companies is relatively small, and the low threshold results in small scale and large number of production enterprises, resulting in a low concentration of industry production.

Due to the problems of high resource dependence, fragmented competition and low production efficiency in the refractory industry, the upstream integration and expansion needs of the industry are urgent; on the other hand, as the downstream industry continues to integrate, the requirements for refractory materials will gradually increase , Product upgrading and transformation will also become the main development direction of the refractory industry in the future. The state has issued a series of guidance documents intended to integrate and guide the refractory industry to solve industrial inefficiencies, and encourage industry leaders to conduct timely integration and reorganization within certain industries to optimize the industry's competitive environment.

The "Several Opinions on Promoting the Healthy and Sustainable Development of the Refractory Industry" issued by the Ministry of Industry and Information Technology proposes that by 2020, the recycling rate of refractory materials after use will be higher than 75%, and the industrial concentration of the top 10 companies will be increased to 45 %. According to the statistics released by the China Refractory Industry Association, the CR10 concentration of my country's refractory industry in 2015 was only 8.95%, far below the development target of 25%. Therefore, in the future, my country's refractory industry will continue to increase industry concentration through industrial upgrading, mergers and acquisitions and other means.