Active Calcium Silicate Market Trend, Covid-19 Outbreak, Research Report, Key Regions, Target audience and Forecast to 2025

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.

Regional analysis:
 

Global Active Calcium Silicate Market Trend has been studied across five key regions, namely Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.
The market in Europe accounted for the largest share and is projected to register a high CAGR during the review period owing to the stringent regulations pertaining to the fire safety standards in residential and commercial buildings. In terms of volume, fire protection application was the fastest-growing segment with a high CAGR of 6.7% by the end of 2025. Germany is the major contributor in the region and is likely to surpass USD 17.6 million by 2025 owing to the rising demand for fireproofing cladding for the prevention against smoke, flames, and fire. Italy, France, Belgium, and the UK are other key regional contributors. Asia-Pacific is the fastest-growing regional market owing to the high number of construction activities and rapid industrialization. China is the leading country in the region owing to the growing infrastructure spending on highways, flyovers, commercial complexes; and increasing fire protection measures in residential buildings. India, South Korea, and Japan are the other significant contributors. The North American market held a substantial share in 2018 due to the high consumption of active calcium silicate for insulation and ceramic boards applications. The US is the prominent country in the region on account of increasing consumption for the product in paints and coatings industry. The market in Latin America is estimated to register a healthy CAGR owing to the increasing government initiatives and improving fire standards in the region. Brazil, Mexico, and Argentina are the key contributors. The market in the Middle East & Africa is likely to register a steady CAGR on account of growing consumption of the product in oil refineries. Saudi Arabia and Turkey are the primary countries contributing to the market growth in the region.

Segmentation Analysis:

The global active calcium silicate market has been segmented based on form, application, and region.
Based on form, the global active calcium silicate market has been categorized as blocks, powder, and boards.
Based on application, the global active calcium silicate market has been classified as blocks, powder, and boards.
By region, the global active calcium silicate market has been studied for five key regions—Latin America, Asia-Pacific, North America, Europe, and the Middle East & Africa.

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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.

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