Active Calcium Silicate Market in the U.S. to see 3.5%+ CAGR to 2024

U.S. Active Calcium Silicate Market growth is driven by favorable regulatory compliances by ASTM to formulate, regulate and direct fire safety standards along with test method for measuring compressive properties of thermal and acoustic insulations.
Active Calcium Silicate Market By Application (Insulation, Fire Protection, Ceramics, Cement, Paint & Coatings), Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, China, India, Japan, South Korea, Brazil), Application Growth Potential, Price Trend, Competitive Market Share & Forecasts to 2024

The global report says, “Active Calcium Silicate Market share is predicted to be valued USD 215 million by 2024.” Increasing passive fire protection and acoustic insulation demand across residential & infrastructure projects along with strong outlook towards construction expenditure will stimulate active calcium silicate demand. It has usage in heavy industries for technical applications such as fire and sound proofing applications.

Active calcium silicate has strong application scope in wallboard and acoustic tiles owing to its fire-resistant, adhesive and intumescent characteristics. Superior properties such as excessive heat exposure can help in minimizing shrinkage in brick and clay product formulations. It is also used in block and board in blast furnace and electric arc furnace for high temperature insulation applications.

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Strict norms implemented by NIOSH and OSHA towards product exposure may pose challenge to active calcium silicate market. The permissible exposure limit is 15 mg/m3 for 8-hour time weighted average as directed by OSHA. Prolonged or excessive exposure may result to severe consequences on human health such as itching, throat scratchiness, eyes redness & pain and skin eruptions.

Fire protection applications of active calcium silicate market may surpass USD 135 million by 2024. It is widely used in building walls, electric arc furnace, blast furnace and oil refineries in boards and block forms. Increasing high temperature insulation application scope in glass, steel and petrochemical industries will enhance industrial growth.

Active calcium silicate market from ceramic applications should witness above average gains at over 3.5% by the end of forecast timeframe. Automobile and textile manufacturing plants use the product in substantial quantities in roofing purpose. Frequent usage of plaster of paris, false ceilings and roofing in construction and infrastructure projects may boost the product demand.

Insulation applications of active calcium silicate market may surpass USD 35 million by 2024. It is extensively used in manufacturing of wallboards and acoustic tiles owing to its dynamic nature, in order to make them fire resistant and sound proof. Rise in demand from various high insulation industries such as glass, petrochemical and steel may stimulate market growth.

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Europe, led by Germany, France and UK active calcium silicate market may witness gains at over 4% by the end of forecast period. Strict regulatory norms towards products quality and standards may enhance regional growth. Rise in demand for fireproofing cladding products for prevention against flames, smoke and fire spread along with growth in paints & coatings industries to preserve historical monument should drive market.

Latin America, driven by Brazil, Argentina active calcium silicate market may exceed USD 5 million by 2023. Growing consumer consciousness pertaining to replacement of conventional walls & floors for artistic appearance should enhance regional growth.

Global active calcium silicate market share is consolidated with key players including Ramco Industries, Johns Manville, BIP Chemicals, Imerys Filtration Minerals, American Elements, HIL Limited, 2K Technologies, Promat International, R.K. Oil, Bee Chems, Weifang Hong Yuan Chemical, Skamol and Anglitemp.

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Table of Contents (ToC) of the report:

Chapter 3    Active Calcium Silicate Industry Insights

3.1    Active calcium silicate industry segmentation

3.2    Industry Size and forecast, 2013 – 2024

3.3    Industry ecosystem analysis

3.3.1    Distribution Channel Analysis

3.3.1.1    Collaboration/Partnership

3.3.1.2    Technology licensing

3.3.1.3    Supply as insulation boards

3.3.2    Vendor matrix

3.4    Trade statistics

3.5    Estimated production capacity

3.6    Pricing analysis

3.7    Industry Impact forces

3.7.1    Growth Drivers

3.7.1.1    Positive outlook for construction industry growth

3.7.1.2    Ceramic industry growth

3.7.2    Industry pitfalls & challenges

3.7.2.1    Guidelines & regulations regarding product exposure

3.8    Growth potential analysis

3.9    Porter’s analysis

3.10    Competitive landscape, 2015

3.10.1    Strategic dashboard

3.11    PESTEL analysis

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