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.
Full Research Report on Global Active Calcium Silicate
Market Analysis:
http://www.grandviewresearch.com/industry-analysis/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
View more reports of
this category by Grand View Research at: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins
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
View Press Release of this research report by Grand View
Research: http://www.grandviewresearch.com/press-release/global-active-calcium-silicate-market
About Grand View ResearchGrand 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.
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