Active Calcium Silicate Market Size To Reach $203.0 Million By 2025: Grand View Research, Inc.
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.
Full
Research Report On Global Active Calcium Silicate Market By Grand View
Research:
www.grandviewresearch.com/industry-analysis/active-calcium-silicate-market
www.grandviewresearch.com/industry-analysis/active-calcium-silicate-market
Further
key findings from the study 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
Browse
More Reports Of This Category By Grand View Research:
www.grandviewresearch.com/industry/plastics-polymers-and-resins
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
Access
Press Release Of This Research Report By Grand View Research:
www.grandviewresearch.com/press-release/global-active-calcium-silicate-market
www.grandviewresearch.com/press-release/global-active-calcium-silicate-market
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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