Active calcium silicate Market — Market Overview
Active calcium silicate is gaining high importance in the 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 applications. Increasing government regulations towards fire safety standards coupled with penetration of passive fire protection in infrastructure activities is expected to positively influence market growth.
Active calcium silicate market is used in building brick and board form of electric furnaces, blast furnaces, and oil refineries. Moreover, rising penetration of high-temperature insulation in end-use industries such as steel and the 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 intermediates in processing other chemical compounds and help provide structure and surface to active calcium silicate. Thus, the dynamics of these aforementioned raw materials significantly impact prices of active calcium silicate market.
Robust industry growth of the ceramic industry owing to rising modern structure in the housing sector also anticipated to drive the product demand over the forecast period. These products are used in flooring owing to its characteristics such as lightweight, high hardness and resistance from thermal and shock. Furthermore, rising product penetration in false ceilings and roofing tiles for the construction industry and automotive plants is projected to drive market growth. Increasing government expenditure for building airports, roads, and harbors are expected to provide lucrative opportunity to manufacturers. In addition, increasing developments in residential and commercial projects in emerging markets such as China, India and Brazil are anticipated to fuel the market growth over the forecast period. Europe is leading region in active calcium silicate market owing to advance technology and stringent regulations towards product standards and quality of products.
Additionally, regulatory trends laid by OSHA and NIOSH towards product exposure can hinder market growth. Excess exposure to product can cause severe damage to human health. These regulations are pertaining to high manufacturing cost, thereby leading to hampering market growth.
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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.
Active calcium silicate Market — Competitive Analysis
The active calcium silicate market is fragmented with the presence of small-scale as well as strong regional players from tier 1 market. The key players in the market are adopting strategies such as partnerships or agreement with distributors to meet global demand of active calcium silicate and strengthen competitive aspects. The major players are investing heavily in RD in order to meet environmental legislation and minimize impact on the environment.
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Industry/ Innovation/ Related News:
January 2016 — Promat International opened a new facility in Middle East at Dubai Investment Park. The DIP location provides good link to Abu Dhabi and other gulf countries. The production facility provides PROMASPRAY® FMII, PROMASPRAY® P300, and CAFCO® 400 and significant warehouse capacity for Promat boards, fire stopping and HPI products. This help the company to strengthen its position in Middle East market.
October 2017 –BASF developed a material containing high thermal insulation based on engineering plastic Ultradur brand for window profiles. With increasing demand of restoration and interior designing of residential projects BASF is developing product to the reduce steel with PVC compact materials. Active calcium silicate is one of the intermediate used in manufacturing plastic materials.
December 2016 — Brunel university in London had developed new form of insulation that can meet environmental regulation. The substance is prepared from aerogel, a Nano insulation material that posses low thermal conductivity than any other insulation material in the market. This material is affordable and effective in wall insulation that can resist any weather conditions.
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