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The market of refractory materials in domestic and overseas markets is mainly affected by factors such as market demand and raw material prices.
Firstly, with the continuous advancement of global industrialization and urbanization, the demand for various high-temperature industries and construction industries is also increasing, thereby promoting the development of the refractories market. In some developments, such as India, the rapid development of steel, cement, and other industries has also driven the growth of demand in the refractory market.
Secondly, the price of raw materials is an important factor affecting the refractory market. The price fluctuation of some raw materials, such as bauxite, graphite, etc., will directly affect the production cost and price of refractory materials. At the same time, factors such as trade protectionism and policy risks in the international market may also have a certain impact on the export market and prices of refractory materials.
In addition, with the increasing global attention to environmental protection and sustainable development, the demand for environmentally friendly and energy-saving refractory materials is also increasing, which will provide new development opportunities for the industry.
To sum up, the refractory market in the international market is affected by various factors, and refractory manufacturers need to pay attention to factors such as changes in market demand and fluctuations in raw material prices in order to better respond to market risks and grasp market opportunities.
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