Posted 12/18/2023, 11:30:00 PM
Dry Ramming Mass Market to Reach $3.2B by 2028, Driven by Steel Industry Growth
- Global Dry Ramming Mass Market projected to reach $3.2 billion by 2028, growing at a CAGR of 6.8% from 2023-2028
- Growth driven by steel industry expansion and enhanced efficiency and technology improvements
- Dry ramming mass used in linings of induction furnaces, ladles for refractory applications
- Asia Pacific expected to be fastest growing region during forecast period
- Steel industry is major application due to use in ladle lining, covers, and tundishes for molten metal transport