Active Calcium Silicate Market Size 2020 Trends, Growth Opportunities, Industry Revenue and Business Analysis by Forecast – 2030
Active calcium silicate is defined as a polysilicate compound that is produced from hydrochloric acid, limestone, and sodium silicate. A new report on the global active calcium silicate market, published by Market Research Future (MRFR), cites that this market can showcase growth at 5.1% CAGR between 2018 and 2023. In terms of money value, the market can be worth USD 208.7 Mn by the end of the forecast period.
The
most prominent market driver for the Active
Calcium Silicate Market Size is a set of its unique characteristics
that include better water absorption, excellent thermal shock resistance, high
mechanical strength, and low thermal conductivity. The recovery in the
construction industry after the economic recession and increasing spending on
residential construction projects as well as commercial construction projects
is also driving the global market growth. The increasing consumption of active
calcium silicate in high-temperature insulation in the glass industry,
petrochemical industry, and steel industry can boost market growth as these
items are used for building walls, electric furnaces, and blast furnaces.
Other
market drivers for the global active calcium silicate market growth include
rising demand for the passive fire protection, increasing concerns regarding
inactive fire insurance, concerns regarding burns in chemical industries, and
acoustic insulation coupled with various regulations by government authorities
as well as non-government authorities. However, the market growth can face
threats as the high exposure of active calcium silicate to humans can cause
health risks like eye redness, skin eruptions, and throat itching.
Speak
to our Analysts @ https://www.marketresearchfuture.com/sample_request/2114
Market Segmentation
The
global active calcium silicate market segmentation encompasses application and
form. MRFR’s research on the market marks various facets of the market
in-depth.
The
application-based segmentation of this market covers cement, ceramic, fire
protection, insulation, paints & coatings, and others.
By
considering form, the market has been segmented into blocks, boards, and
powder.
Regional Segmentation
A
geographical outlining of the global active calcium silicate market covers Europe,
Asia Pacific, North America as their potentials to transform the market is
quite high. Latin America, and the Middle East & Africa (MEA) may find
moderate growth rate in the coming years.
During
the forecast period, Europe holds the largest market share in the global market
due to the stringent regulations about fire safety standards in residential
buildings and commercial buildings. During the forecast period, the fire
protection application segment can grow at 6.7% CAGR. The biggest
country-specific market is Germany, whose market worth can be USD 17.6 Mn by
2025 due to the rising demand for fireproofing cladding for the prevention
against smoke, flames, and fire. Other viable country-specific markets in this
region are held by Belgium, France, Italy, Netherlands, Poland, Russia, Spain,
and the UK. Research on the remaining countries in Europe featured in this
report estimate the strong addition to market revenue from various other
countries in this region.
During
the forecast period, the Asia Pacific region can be the fastest growing
regional market due to the high number of construction activities and rapid
industrialization. China is the leading country-specific market as it is the
leading producing country in the active calcium silicate market. Many
activities of infrastructure development are rapidly progressing in China.
These activities include the construction of commercial complexes, flyovers,
and highways. The market is also growing due to increasing fire protection
measures in residential buildings. Calcium silicate has a strong industry base,
including rubber industry, paints & coatings industry, and plastic industry.
The market is also surging due to rising consumer awareness towards decorative
walls and ceilings for better aesthetic appearance. An examination of the
remaining countries in the Asia Pacific region featured in this report sums up
the additional market revenue from some other countries.
North
America has a substantial market share in the global market due to the high
consumption of active calcium silicate for insulation and ceramic boards
applications. The USA is the prominent country-specific market due to the
increasing consumption for the product in the paints & coatings industry,
followed by Canada.
Get
a Free Sample PDF Brochure @
https://www.marketresearchfuture.com/sample_request/2114
In
Latin America, the market can grow during the forecast period due to the
increasing government initiatives and improving fire standards in the region. The
leading country-specific market in this region is Brazil. Other country-specific
markets with maximum revenue in this region are Argentina and Mexico. An
assessment of the remaining countries in Latin America listed in this report anticipates
a decent contribution to market revenue from some other countries.
The
market in the MEA can register significant growth during the forecast period
due to growing consumption of the product in oil refineries. Saudi Arabia and
Turkey are the primary revenue contributors to this market. Due to changing
trade statistics, the market in South Africa can also grow during the forecast
period. Other country-specific markets in this region are Bahrain, Kuwait,
Israel, North Africa, Oman, Qatar, and the UAE. An assessment of the remaining
countries in the MEA region featured in this report anticipates a decent
contribution to market revenue from some other countries.
Speak
to our Analysts @
https://www.marketresearchfuture.com/ask_for_schedule_call/2114
Key Players
Big
players in the global active calcium silicate market are 2K Technologies
(Canada), American Elements (USA), HIL Limited (India), Promat International
(Belgium), Ramco Industries Limited (India), Sibelco (Belgium), Skamol Group
(Denmark), Weifang Hongyuan Chemical Co. Ltd (China), WhitChem Limited (UK),
and Xella Group (Germany).
Latest Industry News
·
Researchers
at Massachusetts Institute of Technology (MIT) invented with a new way to
manufacturing the construction material that could eliminate emissions and
could even make some other useful products, including calcium silicate-based
cement in the process. 17
SEP 2019
About Market Research Future:
Market Research Future (MRFR) is a global market
research company that takes pride in its services, offering a complete and
accurate analysis with regard to diverse markets and consumers worldwide.
Market Research Future has the distinguished objective of providing optimal
quality research and granular research to clients. Our market research studies
by products, services, technologies, applications, end-users, and market
players for global, regional, and country level market segments, enable our
clients to see more, know more, and do more, which help answer your most
important questions.
Market Research Future®
99 Hudson Street,5Th Floor
New York, New York 10013
United States of America
Phone:
+1 628 258 0071(US)
+44 2035 002 764(UK)
Email: sales@marketresearchfuture.com
Comments
Post a Comment