Brazil Refractories Market Size & Outlook, 2026-2033
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Brazil refractories market highlights
- The Brazil refractories market generated a revenue of USD 557.7 million in 2025 and is expected to reach USD 961.7 million by 2033.
- The Brazil market is expected to grow at a CAGR of 7.4% from 2026 to 2033.
- In terms of segment, iron & steel was the largest revenue generating end use in 2025.
- Glass & Ceramics is the most lucrative end use segment registering the fastest growth during the forecast period.
Refractories market data book summary
| Market revenue in 2025 | USD 557.7 million |
| Market revenue in 2033 | USD 961.7 million |
| Growth rate | 7.4% (CAGR from 2026 to 2033) |
| Largest segment | Iron & steel |
| Fastest growing segment | Glass & Ceramics |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cement & Lime, Iron & Steel, Non-Ferrous Metals, Glass & Ceramics |
| Key market players worldwide | Chosun Refractories, CoorsTek, HarbisonWalker International, Imerys, Krosaki Harima, Morgan Advanced Materials PLC, RHI Magnesita NV ADR, Saint-Gobain - Gyproc, Shinagawa Refractories, Vesuvius Media |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.2% of the global refractories market in 2025.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In Latin America, Brazil refractories market is projected to lead the regional market in terms of revenue in 2033.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 961.7 million by 2033.
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Refractories Market Scope
Refractories Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Vesuvius Media | View profile | 1-10 | Halifax, Nova Scotia, Canada, North America | https://www.vesuviusmedia.com/ |
| Shinagawa Refractories | View profile | 1001-5000 | Otemachi, Tokyo, Japan, Asia | https://www.shinagawa.co.jp/ |
| Krosaki Harima | View profile | 1001-5000 | Kitakyushu, Fukuoka, Japan, Asia | https://www.krosaki.co.jp/ |
| HarbisonWalker International | View profile | 1001-5000 | Pittsburgh, Pennsylvania, United States, North America | http://www.thinkHWI.com |
| Chosun Refractories | View profile | 501-1000 | Kwangyang, Cholla-namdo, South Korea, Asia | http://www.chosunref.co.kr |
| Saint-Gobain - Gyproc | View profile | 51-100 | Beveren, Oost-Vlaanderen, Belgium, Europe | https://www.gyproc.be |
| RHI Magnesita NV ADR | View profile | 14777 | Kranichberggasse 6, Vienna, Austria, 1120 | https://www.rhimagnesita.com |
| Imerys | View profile | 13909 | 43 quai de Grenelle, Paris, France, 75015 | https://www.imerys.com |
| Morgan Advanced Materials PLC | View profile | 8783 | Sheet Street, York House, Windsor, United Kingdom, SL4 1DD | https://www.morganadvancedmaterials.com |
| CoorsTek | View profile | 10001+ | Golden, Colorado, United States, North America | https://www.coorstek.com |
Brazil refractories market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to refractories market will help companies and investors design strategic landscapes.
Iron & steel was the largest segment with a revenue share of 66.74% in 2025. Horizon Databook has segmented the Brazil refractories market based on cement & lime, iron & steel, non-ferrous metals, glass & ceramics covering the revenue growth of each sub-segment from 2021 to 2033.
The rising copper prices and demand for aluminum in the country can be attributed to the flourishing energy generation industry and surging investments by automobile manufacturers in Brazil.
In August 2023, the Government of Brazil announced its plans to invest USD 200 billion in infrastructure, energy, and transportation projects over the next four years as a part of its initiative to enhance economic growth and employment opportunities in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil refractories market , including forecasts for subscribers. This country databook contains high-level insights into Brazil refractories market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Brazil refractories market size, by end use, 2021-2033 (US$M)
Brazil Refractories Market Outlook Share, 2025 & 2033 (US$M)
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