Overview
Active calcium silicate is a special chemically coated calcium silicate utilized in several application segments. It is extensively used due to its technical properties, such as sound adsorption and high-temperature resistance. It is broadly available in blocks, powder, and boards.
Increasing demand from the construction industry is anticipated to be a significant factor driving the global market demand. Additionally, the rising demand for passive fire protection and acoustic insulation is expected to influence the market positively.
According to the research report published by Polaris Market Research, the global active calcium silicate market was valued at USD 134.7 million in 2021 and is expected to reach USD 208.93 million by 2030, to grow at a CAGR of 5.1% during the forecast period.
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Active Calcium Silicate Market: Growth Drivers
Increasing acoustic insulation demand to drive the market
Favorable regulatory compliances to direct and regulate fire safety standards and increasing acoustic insulation demand are fueling the market’s growth in the US. Further, robust growth in the ceramics industry is projected to drive the change. The growth in the ceramics industry is credited to growing demand from the housing and construction sector in the country.
Active calcium silicate growth is assigned to the growing construction industry post-economic slowdown. Growing spending on quality upgrades of residential, industrial, and commercial construction projects has positively influenced the global market growth. It is extensively used in construction due to its beneficial properties, such as excellent fire resistance, adhesion, and intumescence.
Geographic Overview: Active Calcium Silicate Market
North America to emerge as an influential region for the market
North America’s active calcium silicate demand is because of the region’s growing paints & coatings sector. The increasing demand for paints and coatings in the automotive, home furnishings, and construction industries is anticipated to drive demand for active calcium silicate in the region. Growing consumer expenditure on high-end decorative interiors due to escalating living standards has increased product demand.
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Active Calcium Silicate Market: Report Segmentation
Insight By Application
The increase in demand for insulation materials for diverse industries to propel the market
Based on application, insulation is expected to witness the fastest growth due to increased demand for excellent insulation materials from diverse industries, including petrochemical and glass. These materials are appropriate for pipe insulation applications as they have exceptional strength and durability and suppress corrosion on the exterior surface of pipe and equipment.
Key Players
Some of the major players operating in the global active calcium silicate market include 2K Technologies, American Elements, HIL Limited, Johns Manville, Kyocera Corp., Murata Manufacturing., MLA Group, Promat International, Ramco Industries, Suzhou CMT Engineering, Sanmati Mascot, Skamol Group, Vinzai Chemical, WhitChem Limited, Weifang Hongyuan, and Xella Group.
Recent Developments
In March 2021, the Firefly H1000 was Tenmat’s newest high-temperature board. It’s made of a high-strength calcium silicate-based substance that’s meant to withstand even higher temperatures than Tenmat’s other universe engineering boards.
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Active Calcium Silicate Market: By Form Outlook
- Blocks
- Powder
- Boards
Active Calcium Silicate Market: By Application Outlook
- Insulation
- Paints & Coatings
- Fire Protection
- Cement
- Ceramics
- Others
Active Calcium Silicate Market: By Region Outlook
- North America (U.S., Canada)
- Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
- Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
- Latin America (Brazil, Mexico, Argentina)
- Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
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