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
Further key findings from the study suggest:
Browse More Reports Of This Category By Grand View Research:
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)
Active Calcium Silicate Regional Outlook (Volume, Kilo Tons, Revenue, USD Million, 2014 - 2025)
Access Press Release Of This Research Report By Grand View Research:
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.
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