- A new study by Grand View Research, Inc. predicts significant growth in the calcium silicate market from 2015 to 2022 (forecast period). Construction, food & beverages, and pharmaceuticals are the main end-users of calcium silicate. Growth in these sectors creates market demand.
For Market Research Report on “Calcium Silicate Market” Visit -http://www.grandviewresearch.com/industry-analysis/calcium-silicate-market
Calcium silicate serves as an anti-caking agent in food & beverages. This sector is the biggest end-user and accounts for more than 24% of the worldwide share. Emerging regions like Brazil, India, and China are witnessing demand for food and beverage products. Agencies like WHO – World Health Organization and FAO – Food and Agriculture Organization have approved the use of calcium silicate as a food additive.
Additionally, rising usage of this chemical in the manufacture of fat based deserts, canned products, and cheese will fuel the calcium silicate market in the future. Calcium silicate often replaces asbestos in high-temperature insulation materials. Calcium silicate boards offer thermal insulation in operating temperatures, ranging from 650° to 1, 100° celsius. They are lightweight, easy to install, and strong. Reliability and durability are their other advantages.
Calcium silicate is used to make roads, flooring & roofing products, plastics, coatings, and bricks. Calcium silicate bricks, also called sandlimes, are more uniform in size, shape, texture, and color as compared to clay bricks. Calcium silicate boards are used as ceilings in the construction sector.
Governments in developing economies are investing in large-scale infrastructural developments. This is creating high demand for roofs and floor tiles, thus boosting the calcium silicate market. Renovation of old structures also has a positive market effect. Shortage of raw materials and fluctuations in their prices may serve as market hindrances during the forecast period.
Asia Pacific, with over 50% of the overall consumption, was the leading region in 2014. The trend of manufacturers relocating to China and India from other parts of the world is being witnessed. This may be attributed to the robust construction sector and low resource costs. Europe and North America together, had about 25% share in 2014.
Some leading players of the calcium silicate market include Promat International, American Elements, Pyrotek Inc., Thermal Ceramics, and Skamol A/S. Joint ventures and long-term agreements are the key strategies adopted by them.
Information Source: Grand View Research
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