Calcium Silicate Market Growth, Share, Research, Size, Trends and Forecast (2021 - 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.
Calcium Silicate Market 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.
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.
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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.
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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