Active Calcium Silicate Market Growth Factors, Key Players and Forecast by 2025
Albany, NY -- (SBWire) -- 07/27/2018 --Global Active Calcium Silicate Market: Snapshot
With a construction industry that has gathered steam once again, after the beating it took from the recession resulting from the collapse of the U.S. housing mortgage market, the active calcium market is seeing swift progress globally. This is because active calcium silicate finds widespread applications in making ceramics, cements, fire protection, paints and coatings, and insulation on account of its technical properties of sound adsorption and low thermal conductivity. It is widely available in the form of blocks, powder, and boards.
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The overall active calcium silicate market is characterized by stiff competition. Geographically, the key segments of the market are North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa. Europe, among them, is key market vis-à-vis consumption. The demand in the region's market is primarily driven by the thrust on fire safety. The European Association for Passive Fire Protection, for example, issues guidelines regarding fire safety standards in residential and commercial buildings. Such regulations are serving to boost the uptake of active calcium silicate in the region.
The market in North America, on the other hand, is almost saturated. Asia Pacific, however, has opened up new avenues of growth on account of a booming construction industry. The Middle East and Africa is another lucrative region that will progress impressively in the years to come on the back of mega infra infrastructure projects and the oil and gas industry. Similarly, the market in Latin America will likely be boosted by the progress in the building and construction sector.
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Active calcium silicate is a polysilicate compound prepared by using the raw materials such as sodium silicate, limestone and hydrochloric acid. It is used as a safer alternative to asbestos in high temperature insulation applications. The key properties of active calcium silicate include low thermal conductivity and excellent thermal shock resistance. Active calcium silicate is used to fabricate industrial equipment insulation and grade pipings. The unique characteristics of active calcium silicate include high mechanical strength, efficient water repellence, micro structure, better water absorption and thermal stability. Active calcium silicates are sold in the forms of blocks, boards, and powder and primarily used in the technical applications.
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