MarketResearchReports.Biz announces addition of new report “Refractory Ferrules Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025 ” to its database.
The main objective of this report is to define, describe, and forecast the global “Refractory Ferrules” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Refractory ferrules are specially modified ceramic heat transfer agents that are embedded into metallic casings. They are utilized to transfer heat from high temperature boilers to other refineries and chemical units. Refractory ferrules installed in a boiler help minimize heat losses from the furnace and contain the heat generated in the furnace. Refractory ferrules must have insulating properties to withstand extremely high boiler temperatures. Refractory ferrules used inside the boiler furnace should be made of inert materials. They should not contaminate the materials with which they are in contact during the operation. Refractory ferrules are primarily used in the chemical industry for heat transfer at extremely high temperature. Ceramic ferrules possess superior heat transferring properties at extremely high temperatures; therefore, they are employed in sulfur recovery units in petrochemical reformer units. Ceramic ferrules are mostly made of zirconium, alumina, and mullite. Recent technological advancement in composite material development has made it possible to use composites in the manufacture of refractory ferrules. These ferrules protect carbon steel tubes and welded joints of the boiler from extreme heat and chemical corrosion & degradation. In order to withstand these constraints, refractory ferrules should have high mechanical strength, chemical resistance, and thermal shock resistance at elevated temperatures. Failure of refractory ferrules in boiler applications can result in unplanned shutdown of the entire production unit.
Refractory ferrules are available in a wide range of designs and shapes according to different pipeline and operation requirements. Designing of industrial refractory ferrules depends on operating parameters, unit construction, and historical performance of the boiler. Other important factors that should be taken into account before installation of ferrules are operating temperature range, unit environment, operating pressure range, tubing and pipeline design, tubing material, and cost. Commonly used refractory ferrules include regular ring ceramic ferrules, double ring style ferrules, tapered style ceramic ferrules, solid head ceramic ferrules, hexagon ceramic ferrules, and round refractory ferrules. Most commonly used refractory ferrules in boiler operations are round ferrules embedded in a monolithic refractory setting. It is used to protect boiler tubing from extremely high temperature and pressure. Hexagonal refractory ferrules also employed in majority of boiler applications that require special operating conditions. These are highly flexible in applications among different tubing and pipeline designs and are compatible with the systems that use oxygen enrichment in the boiler. Hexagonal refractory ferrules possess lower pressure drop compared to round ferrules. This helps improve process efficiency by preserving heat losses.
Increase in chemical operations, growth in power infrastructure, high health & safety standards, and rise in demand for petrochemicals around the globe are major factors driving the refractive ferrules market. North America, followed by Europe, is the leading manufacturer of refractive ferrules. China is a prominent manufacturer of refractive ferrules in Asia Pacific, followed by India and Japan. Growth in petrochemical and power sectors in China is boosting the market for refractory ferrules in Asia Pacific owing to cheap labor and raw material cost, skilled manpower, and increase in export to countries in other regions. Government-supported policies and power generation programs in India are also boosting the refractive ferrules market in the country. Fluctuation in economy in Europe and Latin America and increase in prices of petrochemicals are the key restraints of the refractive ferrules market around the globe.
Key players operating in the global refractive ferrules market include Nelson Fastener Systems, Agrotek Services, Blasch Precision Ceramics, Cemline Corporation, FELDCO International, Gouda Refractories BV, LSP Industrial Ceramics, and Zampell Refractories.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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