From the growth rate, it can be seen that the development mode of the Refractory industry is transitioning to a period of industrial transformation and upgrading. In the past, the Extensive growth of simply pursuing production capacity has no longer adapted to the trend of market development. State policy has pushed for industry consolidation, with clear proposals to eliminate outdated production capacity and boost Concentration ratio to form two or three leading companies. The state of our Refractory enterprises, which are numerous, small and scattered, will be alleviated. At present, our country is developing strategic emerging industries and high-temperature industries to promote advanced technology, it provides an opportunity for our Refractory industry to upgrade, restructure and develop sustainably. Since different industries, enterprises and production lines have very different requirements for Refractory, and at present, the whole contracting of steel, cement, glass and other industries in the procurement and construction of Refractory has gradually become the mainstream mode, higher requirements on Refractory suppliers in terms of product set-up, variety, on-site construction level and application technical support have formed higher technical barriers. At the same time, the development of high-temperature industry promotes the technological progress and industrial upgrading of Refractory industry, and puts forward higher requirements for the continuous R & D capability of Refractory Enterprises. High-temperature industries such as steel, cement and glass are all developing towards large-scale and centralization. Production capacity is gradually concentrated in a small number of advantageous enterprises. The use of Refractory has a great impact on the quality of high-temperature industrial products, as a result, large companies choose their Refractory carefully, often taking a long time to validate, and only those with sufficient scale and technical power are likely to become long-term suppliers.

In 2015, the global market for refractory Refractory reached US $3.87 billion (24 billion yuan) , according to the 2016 China industry survey report, with increasing industry specifications and increased demand for protective fire protection products from different end industries, it is expected that by 2020, the refractory fiber market will grow to $5.036 billion, with a compound annual growth rate of about 5.4 percent over the period. Regionally, Europe will become the world's largest regional market for refractory fibers, followed by North . However, demand growth in South  will be much faster than in Europe and North  between 2015 and 2020 because of faster industrialisation, particularly oil, gas and infrastructure development. At the same time, the demand for refractory fiber in asia-pacific region will also grow steadily in recent years. In addition, more investment in the research and development of novel products will further promote the growth of demand for refractory fibers. From the suppliers, by 2020, dupont, Milliken, Royal Tenkat, Zhong Yuan, Solway Group, Imperial Japan and other fire-resistant fiber suppliers will become the world's leading.