Global Silica Ramming Mass Used in Induction Furnace Market Industry Chain and Dynamics Analysis

7 min read

Updated on 11/21/2024

Most companies in India are both manufacturers and traders of products, so the industry mainly uses online platforms as distribution channels. Global Silicon Rammer for Induction Furnace market distributors include Indiamart. Com, Export hub, Infocom Network Private Limited. and Alibaba Group.

Distributors/Traders Name

Contact Information

Indiamart. Com

Web: www.indiamart.com

Tel: +91 – 120 – 6777777

Add: 6th floor, Tower 2, Assotech Business Cresterra,

Plot No.22, Sec 135, Noida-201305, Uttar Pradesh, India.

Export hub

Web: www.exporthub.cn

Tel: +1-866-978-0288

Add: Room-310, Ascendas Innovation Plaza, No.686 Jiujiang Road, Huangpu District, Shanghai.

Infocom Network Private Limited.

Web: www.tradeindia.com

Tel: 91 – 11 – 46710500

Add: Plot No. 93-94, Riana Tower, Noida Express Way, Sector -136,

Noida – 201305 Landmark: Next to CBSE Regional Office, Noida.

Alibaba Group

Web: www.alibaba.com

Tel: 400-600-2688

Add: 699 Wangshang Road, Binjiang District, Hangzhou, China

‘Raghav Productivity Enhancers Ltd commences commercial operations of new plant 2023-07-25’

Raghav Productivity Enhancers Ltd. (“RPEL”) announces commencement of commercial operations at its new plant set-up under its wholly owned subsidiary Raghav Productivity Solutions Pvt. Ltd. (RPSPL). The new plant is situated adjoining its existing plant at Newai, ~ 60kms from Jaipur. Salient features of the new plant are as under:

The new plant will manufacture higher quality Silica Ramming mass with the help of improved process enabled by latest technology plant and equipment. Over last 10 years, the company has continued to make significant investments in its in-house R&D set-up supported by affiliations with reputed institutions globally.

SWOT analysis is a strategic planning tool used to evaluate the strengths, weaknesses, opportunities, and threats of a business or project. The following is a SWOT analysis of the Silicon Ramming Mass Used in Induction Furnace industry.

SWOT Analysis

Description

Strength

  • Excellent performance of the product

Silicon dioxide ramming compound is an acidic ramming compound, usually composed of high purity silicon dioxide ramming blocks, with the following advantages in induction furnaces:

High Heat Resistance:

One of the main benefits is its exceptional heat resistance. It can withstand the intense heat produced in induction furnaces without getting damaged.

Erosion Resistance:

There is a dense sintering layer on the surface in contact with the liquid metal, which can ensure that the liquid metal does not penetrate into the lining, so the strong and dense structure gives it a strong resistance to the erosion caused by the movement of molten metal and slag in the furnace.

Thermal Stability:

The high purity silica is in a stable state and maintains its strength and stability even when exposed to rapid temperature changes, ensuring a longer service life for the lining.

Minimal Contamination:

It has low levels of impurities, reducing the risk of contaminating the molten metal during the melting process. Therefore, the purity of silica is very important, and the ramming material containing impurities will produce an unpredictable and large amount of liquid phase under the action of high temperature, which not only reduces the mechanical resistance of the lining, but also is extremely easy to react with the material in the furnace.

Easy Installation:

Due to the dry preparation of the material, the required heating and sintering time is short, in addition to its granular nature makes it easy to install and service. It can be easily compacted to form a solid and smooth lining

Improved Furnace Performance:

Due to its lower thermal conductivity than other refractories, the overall efficiency and performance of the induction furnace can be improved by providing a reliable and durable lining, and the heat loss can be reduced. In addition, as a low-cost material, the cost of furnace lining is low, and it has good cost effectiveness.

It is precisely because of the excellent performance of silicon dioxide as an acid ramming material in the operation of induction furnaces, its product market can develop rapidly driven by demand.

  • Downstream industry demand is extensive

The main downstream application of silica for induction furnaces is the steel industry, where it is used as an induction furnace lining to melt scrap metal in induction furnaces to make new steel, avoiding extreme heat during the melting process. In addition, it can also be used in the glass industry, foundries and ceramics industry. Steel products are widely used, involving infrastructure construction, housing construction, machinery industry, automobile industry, home appliance industry, shipbuilding industry and so on. Therefore, the demand of the downstream steel industry will promote the growth of the industry. The steel industry is closely related to the development trend of the national economy, such as the rapid economic development of emerging countries, the rapid expansion of the steel industry capacity, and the acceleration of the development of the industry.

Weakness

  • Defect of silica ramming mass

Although the Silica Ramming Mass has good thermal shock resistance as an induction furnace lining, its resistance to steelmaking slag is poor, so in order to obtain a satisfactory lining life, temperature control is crucial. Silica is an acidic ramming compound, so it cannot be used to deal with alkaline substances. In addition, the use of silica as a refractory has certain hazards, silica dust inhalation will lead to silicosis, because it can not be absorbed by the lung, only deposition, and finally lead to pulmonary fibrosis, unable to absorb oxygen, and eventually lead to asphyxia. According to OSHA policy, the current permissible exposure limit (PELs) for crystalline silica is 50 micrograms per cubic meter. Therefore, its security risks and its defects will limit the development of its market.

Opportunity

  • Increased investment in infrastructure in emerging countries

Emerging market economies are often thought of as economies in transition to developed market economies. GDP grew rapidly, per capita income increased, debt and stock market liquidity increased, and the financial system developed. Specific countries include China, India, Thailand, Brazil and so on. The main application of silica ramming mass for induction furnaces is the steel industry, and the growth of demand for the steel industry will bring development opportunities for the development of the industry. In emerging economies, in order to accelerate the deepening of urbanization and modernization, vigorously develop industry, vigorously invest in infrastructure construction, and increase steel production capacity. For example, in the Federal Government Budget for the fiscal year 2019-2020, the Indian government stressed that infrastructure is the focus of putting the Indian economy on a medium – and long-term rapid development track. Since then, India has vigorously developed its infrastructure, building roads, railways, airports and so on. Emerging economies maintain rapid economic development, and the increase in steel production capacity will continue to promote the development of the industry.

  • E-commerce helps the development of the industry

Suppliers are increasingly focusing on distributing their products through multiple platforms, such as e-commerce channels, to boost sales and enhance customer reach. E-commerce is a new type of trade mode that relies on modern information technology and network technology, integrates financial electronization, management informationization and business information network, and aims to realize the harmony and unity of logistics, capital flow and information flow. On the basis of the Internet, e-commerce breaks through the traditional concept of time and space, Narrows the distance between production, circulation, distribution and consumption, greatly improves the effective transmission and processing of logistics, capital flow and information flow, improves enterprise productivity, reduces operating costs, and optimizes resource allocation. It provides an excellent opportunity for manufacturers, sellers and consumers to better meet their needs. In addition, thanks to the direct-to-consumer model, this allows manufacturers to sell quality products at lower prices than stores. Brand loyalty, brand transparency, ethical supply chains are increasingly important as startups in the market are differentiating their products through their services and are able to establish their marketplaces among consumers. This market trend is also expected to drive the market in this industry during the forecast period.

Threat

  • The risk of competition in the industry is increasing

The market for silica ramming mass is highly competitive, with low barriers to industry entry, and with rising demand for the steel industry in emerging countries, demand for this product is rising as production capacity increases. However, the expanding downstream demand not only brings good prospects for this product, but also leads to an increasing number of industry participants. While promoting the expansion of market scale, market competition is also increasingly intensifying, which will have an adverse impact on the average profit level of the industry. Due to the low professional barriers in this industry, upstream industries can enter the industry market by extending the industrial chain. As new entrants continue to increase, fierce competition in the market may affect further expansion of the market.

  • The potential risk of rising labor costs

Labor costs account for a certain proportion of the industry’s manufacturing costs. Emerging countries and low-income countries are the main consumers and producers of this industry. In recent years, with the deepening of the global aging trend, emerging countries are facing a trend of demographic structural development changes and rising labor costs due to the arrival of the aging trend. And due to the massive unemployment during the epidemic, many workers in the industry have retired or are about to retire. The loss of knowledge and professional skills has made the shortage of skilled labor in this industry increasingly serious. This industry needs time to accumulate experience. Due to the intensification of the aging trend and changes in the demographic structure, as well as the personnel engaged in this industry, it is necessary for companies to have certain work experience, and companies need a certain amount of time to cultivate talents. It is expected that the crisis of shortage of skilled labor will become increasingly serious in the future.

Updated on 11/21/2024
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