The refractory industry has problems of high resource dependence, scattered industry competition and low production efficiency. On the other hand, with the continuous regulation and integration of thermal storage bricks, the requirements for refractory materials of aluminum-magnesium carbon bricks will gradually increase, and product upgrading and transformation will also be carried out. In the future, it will become the main development direction of refractory industry. Refractory materials are widely used in various aspects of industry. With the development of Chinese industry, domestic demand for refractory materials is increasing, especially refractory materials such as magnesia chrome bricks and refractory bricks. Here are some of their four characteristics:

First, refractory bricks, magnesia chrome bricks have four characteristics:

1, wear resistance.

2, thermal conductivity: unit temperature gradient, the heat flow rate per unit area of the material, related to the porosity

3, impact resistance: no need to explain it, good impact resistance, long service life

4, slag resistance: the ability to resist slag erosion at high temperatures without being destroyed

Second, the future trend:

One: the proportion of amorphous and high-grade refractory materials is increased. With the acceleration of the integration of steel, cement and glass downstream industries in recent years, we can expect that the quality requirements for refractory materials will gradually increase in the future. At the same time, according to the experience of developed countries in the world, the future of China's amorphous refractory materials The proportion will increase year by year.

Second: lateral expansion. The refractory industry itself has low concentration and scattered competition. As of the end of June this year, the national refractory enterprises fell to 2108, down nearly 25.0% from the end of the previous year. We expect that refractory companies will continue to expand their business through a series of mergers and acquisitions, expand their market share and seize more market share.

The third type: vertical integration. High resource dependence and rapidly rising raw materials have brought tremendous pressure on the profitability of the industry. We believe that the vertical integration of the industry chain will become the future development needs of the company. We expect that the potential to extend upstream in the future will determine the key factors for refractory companies' long-term profitability.