The global active calcium silicate market is
expected to reach USD 203.0 million by 2025, according to a new report by Grand
View Research, Inc. Increasing demand from ceramic industry is key growth
factor driving active calcium silicate market. In addition, presence of fire
safety standards in major economies such as U.S., Germany, China, India, and
Brazil are further fueling the demand over the forecast period.
Active calcium silicate is used
as a safer alternative to asbestos in high temperature insulation applications.
Industrial equipment insulation and grade piping is fabricated from active
calcium silicate. Moreover, major application segments include cement,
ceramics, paints & coatings, fire protection, and insulation. Due to its
superior technical properties such as low thermal conductivity and excellent
thermal shock resistance; it is widely used for industrial high temperature
insulation.
In terms of volume, insulation
was estimated as the largest application segment in 2016 and is anticipated to
continue the trend by 2025 with a CAGR of 5.9% from 2017 to 2025. It is widely
used owing to its advantageous characteristics such as high strength, efficient
water repellence, microstructure, better water absorption and thermal
stability.
The demand for active calcium is
expected to boost owing to a positive outlook for construction industry over
the forecast period. In addition, the presence of regulations and guidelines
pertaining to fire safety standards in a commercial and residential building in
the European region is further fueling the market growth.
Browse full research report on Global
Active Calcium Silicate Market: http://www.grandviewresearch.com/industry-analysis/active-calcium-silicate-market
Further key findings from
the report suggest:
- Fire protection segment is projected to experience the fastest growth in terms of revenue at a CAGR of 8.0% from 2017 to 2025 on account of stringent regulations imposed by various regulatory bodies across the region
- Insulation emerged as the largest application segment in terms of volume in 2016 and is estimated to reach 35.5 kilo tons by 2025. Global revenue in paints & coatings segment was estimated to be USD 12.3 million in 2016 and is anticipated to experience steady growth over the forecast period. The U.S. active calcium silicate market in terms of volume was 5.8 kilo tons in 2016 and is estimated to grow at a CAGR of 5.3% from 2017 to 2025
- Ceramic application segment in terms of volume was estimated at 8.3 kilo tons in 2016 owing to growing applications of false ceilings in residential construction sector
- Promat International NV, Skamol A/S, American Elements Corporation, HIL Limited, Weifang Hong Yuan Chemical Co., Ltd., Johns Manville Corporation are some of the key market players dominated the global active calcium silicate market
Read our blog by Grand View Research: http://www.grandviewresearch.com/blog/active-calcium-silicate-market-size-share
Grand View Research has segmented the global active calcium
silicate market on the basis of application, and region:
Active Calcium Silicate Application Outlook (Volume, Kilo
Tons, Revenue, USD Million, 2014 - 2025)
- Insulation
- Paints & Coatings
- Fire Protection
- Cement
- Ceramics
- Others
Active Calcium Silicate Regional Outlook (Volume, Kilo
Tons, Revenue, USD Million, 2014 - 2025)
- North America
- U.S.
- Europe
- Germany
- UK
- France
- Asia Pacific
- China
- India
- Japan
- Central & South America
- Brazil
- Middle East & Africa
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com
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