Active Calcium Silicate Market Size, Share & Industry | 2031

Report Description

Active Calcium Silicate Market Outlook 2031

The global active calcium silicate market size was valued at USD 327.52 Million in 2022, is projected to reach USD 512.90 Million by 2031, and is expected to expand at a CAGR of 5.11% during the forecast period, 2023–2031. The growth of the calcium silicate market is attributed to the growing usage of the ceramic industry.

Calcium silicate is a chemical compound that is composed of three raw materials sodium silicate, limestone, and hydrochloric acid. Sodium silicate reacts with calcium sulfate under specified and controlled conditions to produce the required structure and surface of active calcium silicate.

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Calcium silicate is considered a safe alternative to asbestos in high-temperature insulation applications. Calcium silicate provides high weather resistance, acts as an anticaking agent thereby preventing the formation of lumps, and increases the calcium content in the body which makes it suitable for application in the pharmaceutical and food industries.

Calcium silicate is naturally found in limestone. Industrial equipment and grade piping are fabricated from active calcium silicate. Calcium silicate exhibits excellent thermal shock resistance and low thermal conductivity, which makes it ideal for industrial high-temperature insulation.

Moreover, it is sold in the form of blocks, boards, and powder which is utilized in technical applications in the oil & gas, construction, and automotive industries. Calcium silicate possesses several properties including lower particle size, bulk density, high surface area, and good moisture control.

COVID-19 Impact

The COVID-19 outbreak has put a lot of strain on a few hospital institutions and pushed major market players to their limits. Healthcare professionals were responsible for almost 10% of global COVID-19 infections in July 2020, according to the World Health Organization. Every health resource is being used to reduce its effect and respond to this global public health disaster.

Chemical and materials companies are expected to transition from recovering to flourishing, depending on the economic conditions. Moreover, the stringent regulations pertaining to the permissible exposure limit of the product and unfavorable conditions rising due to the COVID-19 pandemic are the major restraints, that are hampering the market expansion.

Active Calcium Silicate Market Dynamics

The report presents a complete market overview, and market dynamics by focusing on the current market trends, existing drivers, growth opportunities, and emerging challenges that shape the outcome or overall performance of the market during the forecast period, 2023 to 2031.

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Major Drivers

Rising product demand from the construction industry

The research report finds that the rising demand from the construction industry is expected to drive market growth. The global construction industry is expected to grow at a CAGR of over 4% during the forecast period and is anticipated to surpass USD 10.6 trillion by 2023.

The active calcium silicate market is expected to grow rapidly over the forecast period, due to the rising product demand in the construction of infrastructure and new buildings. However, high exposure of active calcium silicate to human beings can cause health risks including throat itching, skin eruptions, and eye redness.

Existing Restraints

Stringent environmental regulations and the high cost of the product

The stringent environmental regulations are projected to hamper the market growth. The government applies stringent regulations to the construction of new buildings and the materials used in the construction. Regulatory standards laid down by several regulatory bodies including OSHA, NIOSH, and EAPFP are expected to hinder the market expansion.

These safety laws on building construction have been followed at a rapid pace on the interior surface for protection against fire hazards. OSHA has led down standards for permissible exposure limits to avoid severe human health and safety issues. These regulations are projected to incur additional expenses which will add to the manufacturing costs, and thus it will act as a challenge.

Active Calcium Silicate Market Opportunities

Increasing government spending for better safety standards and construction initiatives

The increasing government spending on better safety standards and construction initiatives is anticipated to create lucrative opportunities for key market players. The increasing R&D investments to enhance the fire resistance and non-combustibility characteristics to widen its application in the fire protection industry are anticipated to further drive the global market growth during the forecast period.

Moreover, the rising concerns regarding inactive fire insurance and burns in chemical industries have further created opportunities for manufacturers of active calcium silicate.

Scope of Active Calcium Silicate Market Report

The report on the global active calcium silicate market includes an assessment of the market trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Active Calcium Silicate Market Segment Insights

Fire protection segment to expand at a considerable CAGR

On the basis of application, the active calcium silicate market is segmented into paints & coatings, fire protection, insulation, ceramic, cement, and others. The fire protection segment is projected to expand at a considerable CAGR during the forecast period, due to stringent regulations proposed by various governments to use fire protection materials in residential, commercial, and industrial buildings.

The fire protection segment in 2016 and is anticipated to grow at a CAGR of 6.4% during the forecast period. The ceramic segment is anticipated to account for a major market share during the forecast period, owing to increasing demand for false ceilings and acoustic tiles. The growth of the segment is driven by rising false ceiling applications in the construction industry for aesthetic views.

The ceramic segment is projected to grow at a CAGR of 5.0% during the forecast period. Moreover, the insulation segment accounted for 28.84% of the global volume share in 2016.

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Blocks segment to hold a significant share of the market

Based on form, the market is divided into powder, blocks, and boards. The blocks segment is expected to hold a significant share of the market in the coming years. The calcium silicate block is molded. Calcium silicate is available as Flat Block and 3-V scored with thicknesses ranging from 1” to 4-1/2. The powder segment is anticipated to hold a significant revenue share.

Calcium silicate powder is described as a very fine, off-white or white powder with low bulk density and high physical water absorption. Calcium silicate powder is generally used as an anti-caking agent in food ingredients. Active calcium compound is in two forms with a low molecular density and high mechanical water absorption.

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Regional Analysis

In terms of regions, the active calcium silicate market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Europe is expected to constitute a key share of the market during the forecast period, owing to rapid growth in the construction industry in the region. Europe was followed by the Asia Pacific to register the second largest market size during the forecast period.

Furthermore, the growing government spending in residential construction sectors in major economies especially India is anticipated to fuel the product demand in the coming years. The stringent regulations and guidelines pertaining to fire safety standards in residential buildings and the commercial sector drive the demand for active calcium silicate during the forecast period.

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