Refractories are important for India’s infrastructure development. India is the world’s fourth-largest producer of iron ore and the second-largest producer of cement. It has a large consumer base that is expected to grow. However, as India develops its industrial base, it needs to focus on refractory materials that can be used for infrastructure development.
Refractory work is critical that products materials for building a durable industrial base in India. They can also be used in other countries like Bangladesh, where demand for construction materials is expected to increase over time.
What is a Refractory?
In simplest terms, refractories are materials that are resistant to heat and pressure. Refractories are used in places where heat and combustion are typical. They can be found in furnaces, kilns, ovens, and metal processing plants. Refractories are made from bricks or fire clay blocks fired at high temperatures to produce a porous material with good insulation properties.
Refractory products are heavily use in the steel and cement industry. Hence, they are key to the development of infrastructure in India. The demand for refractories is expected to grow considerably in the next few years.
The Wide Range of Use of Refractories
Refractory products is use in the construction, energy, and manufacturing industries. They are also known as refractory bricks and fire bricks.
Refractory products is use for many different applications. For example, It can use in producing high-temperature brick and tile, a building material that can withstand extreme heat. Refractory lining in furnaces is not something anyone needs to be reminded about. Refractories also have many uses in producing ceramic products like porcelain tiles and ceramic bricks.
What Needs To Be Done To Unleash The Full Potential Of Refractory In India?
There has been significant growth in the refractory segment, with more aluminium sheet manufacturers than ever operating on the land. A lot of credit can be given to the increase in investment by both the public and private sectors. The current geopolitical scenario, with several countries looking to drift away from China in the global supply chain, has presented India with a unique opportunity to achieve a more substantial presence.
However, much still needs to be done to make India a power hub in the refractory work. More investment, and on an immediate basis, with an eye on the future, is the need of the hour. India, the top steel and cement producer outside China, has an excellent opportunity here.
The government must also make investment and manufacturing in India attractive to global players. One step they can take is reducing or eliminating the import duties on raw materials, which would only encourage global production. High taxation and import duties have always been a bone of contention for many international players.
There are still many encouraging signs, especially with the opportunities presented to the Indian market. However, there must be a rise in reliable refractory bed material suppliers.
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