Active Calcium Silicate Market 2023, Report Includes Dynamics,Regional Revenue Forecast, Products, and Application
The Active Calcium Silicate Market is projected to reach USD 208.7 million at a healthy CAGR of 5.10% during the review period The most prominent market driver for the global active calcium silicate market growth is a set of 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 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 passive fire protection, increasing concerns rega...