The Report Active Calcium Silicate Market Analysis, By Application (Insulation, Paintings & Coatings,
Fire Protection, Cement, Ceramics), By Region, And Segment Forecasts, 2018 –
2025
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.
Access Research Report of Active Calcium Silicate Market @ https://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
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.