COVID-19 Impact on Refractories Market in 2020 – Know the Forecast Demand till 2026
The global refractories market size is projected to reach USD 42,308.2 million by the end of 2027. The increasing product applications across diverse industry verticals will emerge in favor of market growth. According to a report published by Fortune Business Insights, titled " Refractories Market Size, Share & Industry Analysis, By Form (Bricks & Shaped and Monolithics & Unshaped), By Product (Clay and Non-Clay), By Alkalinity (Acidic & Neutral and Basic), By End-Use Industry (Iron & Steel, Non-Ferrous Metals, Glass, Cement, and Others), and Regional Forecast, 2020-2027 ," the market was worth USD 32,069.5 million in 2019 and will exhibit a CAGR of 3.6% during the forecast period, 2020-2027. The recent coronavirus outbreak has had a massive impact on several businesses across the world. From trade shutdowns to lockdowns, the measures taken to minimize the disease have directly affected these businesses. There are some industries that are strugglin