Active Calcium Silicate Market Size: Industry Size, Share, Worldwide Business Overview by Top Manufacturers 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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