Active Calcium Silicate Market Size 2021 By Global Business Trends, Share, Future Demand, Progress Insight, Modest Analysis, Statistics, Regional Growth and Forecast to 2027
Active calcium silicate Market – Market Overview
Active calcium silicate is gaining high importance in
construction industry owing to superior properties such as low thermal
conductivity and thermal shock resistance. It is extensively used in fire
protection and acoustic insulation sector replacing asbestos in high
temperature insulation application. Increasing government regulations towards
fire safety standard coupled with penetration of passive fire protection in
infrastructure activities is expected to positively influence the market
growth.
Active
calcium silicate is used in building brick and board form of electric
furnace, blast furnace and oil refinery. Moreover, rising penetration of high
temperature insulation in end use industries such as steel and petrochemical
industry will further boost the market growth. Active calcium silicate is
prepared through raw materials such as limestone, sodium silicate and
hydrochloric acid. These materials act as intermediate in processing other
chemical compounds and help providing structure and surface to active calcium
silicate. Thus, dynamics of these aforementioned raw materials significantly
impact prices of active calcium silicate market.
Robust industry growth of ceramic industry owing to
rising modern structure in housing sector also anticipated to drive the product
demand over the forecast period. These products are used in flooring owing to
its characterises such as light weight, high hardness and resistance from
thermal and shock. Furthermore, rising product penetration in false ceilings
and roofing tiles for construction industry and automotive plants is projected
to drive the market growth. Increasing government expenditure for building
airports, roads and harbours are expected to provide lucrative opportunity to
manufacturer. In addition, increasing developments in residential and
commercial projects in emerging markets such as China, India and Brazil are
anticipated to fuel the market growth over the forecast period. Europe is
leading region in active calcium silicate market owing to advance technology
and stringent regulations towards product standards and quality of products.
Initiatives taken to preserve historical monuments by providing special paints
& coatings to protect from fire and corrosion will boost the demand for
active calcium silicate in the coming years. Asia Pacific is second largest
market. China is the leading producing country in the active calcium silicate
market due to strong industry base including rubber, paints & coatings and
plastic industry. In addition, rising consumer awareness towards decorative
walls and ceilings for better aesthetic appearance is anticipated to propel the
global active calcium silicate market. Changing trade statistics in South
Africa will boost the demand of active calcium silicate market growth.
Additionally, regulatory trends laid by OSHA and NIOSH
towards product exposure can hinder the market growth. Excess exposure to
product can cause severe damage to human health. These regulations are
pertaining to high manufacturing cost, thereby leading to hamper the market
growth.
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Key Players:
Promat International, Weifang Hong Yuan Chemical Co.,
HIL Limited, Imerys Filtration Minerals Co., 2K Technologies Ltd., R.K. Oil
Industries, Ramco Industries, Skamol limited, Xella Sverige AB, and Magnesia
GmbH among others are some of the prominent players at the forefront of
competition in the Global Active Calcium Silicate Market and are profiled in
MRFR Analysis.
Active calcium
silicate Market – Competitive Analysis
Active calcium silicate market fragmented with
presence of small scale as well as strong regional players from tier 1 market.
The key players in the market are adopting strategies such as partnership or
agreement with distributors to meet global demand of active calcium silicate
and strengthen competitive aspects. The major players are investing heavily in
R&D in order to meet environmental legislation and minimize impact on
environment. Increasing online portals can also open new lucrative opportunity
for manufactures. These manufacturers are optimizing new techniques assuring
their customers with the consistency in product & service quality thereby,
increasing product offerings to the customers.
Industry/ Innovation/
Related News:
January 2016 – Promat International opened a new facility in
Middle East at Dubai Investment Park. The DIP location provides good link to
Abu Dhabi and other gulf countries. The production facility provides
PROMASPRAY® FMII, PROMASPRAY® P300, and CAFCO® 400 and significant warehouse
capacity for Promat boards, fire stopping and HPI products. This help the
company to strengthen its position in Middle East market.
October 2017 –BASF developed a material containing high thermal insulation
based on engineering plastic Ultradur brand for window profiles. With
increasing demand of restoration and interior designing of residential projects
BASF is developing product to the reduce steel with PVC compact materials.
Active calcium silicate is one of the intermediate used in manufacturing
plastic materials.
December 2016 – Brunel university in London had developed new
form of insulation that can meet environmental regulation. The substance is
prepared from aerogel, a Nano insulation material that posses low thermal
conductivity than any other insulation material in the market. This material is
affordable and effective in wall insulation that can resist any weather
conditions.
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