[Baeocystin]

Your assumption is correct. The vast majority of the damage comes from thermal stressing of the refractory materials that make up the crucible of the furnace. If there were better insulators available, so that the rate of heat loss through the furnace was minimized, it would be a huge improvement to the industry, both in energy saved during production, and greater amounts of time available after shutdown before thermal effects wreck the furnace.