Calcium Silicate Market Leading Growth Drivers, Emerging Audience, Global Segments, Sales, Profits & Regional Study 2023 - PowerPoint PPT Presentation

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Calcium Silicate Market Leading Growth Drivers, Emerging Audience, Global Segments, Sales, Profits & Regional Study 2023


Global Calcium Silicate Market: By Application (Building Materials, Insulation, Sealants, Food Additive, Pharmaceuticals, And Others), And Region: Forecast Till 2023 – PowerPoint PPT presentation

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Title: Calcium Silicate Market Leading Growth Drivers, Emerging Audience, Global Segments, Sales, Profits & Regional Study 2023

Calcium Silicate Market Research Report -
Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
Calcium Silicate Market Research Report- Forecast
to 2023
Calcium Silicate Market - Overview
Calcium Silicate is majorly used as a raw
material in the manufacturing of low-density
building materials such as bricks, tiles,
building boards, and fireproof ceilings.
Extensive usages of Calcium Silicate in the
construction sector have pushed its market to an
extent, presenting the construction sector as the
leading application of the product. Additionally,
various other applications of Calcium Silicate
such as insulation, sealants, food additive, and
pharmaceuticals among others escalate its market
on the ascended heights. Resultantly, the calcium
silicate market is growing pervasively and
rapidly on the global platform. Acknowledging the
exponential growth, the market is witnessing
currently, Market Research Future (MRFR) in its
recently published study report asserts that the
Calcium Silicate Market is estimated to expand
colossally by 2023 posting a striking CAGR during
the forecast period (2016 -2023). The market is
also expected to remain highly attractive drawing
substantial investments in the years ahead. The
burgeoning construction industry is currently a
hot topic worldwide. Ever-increasing population,
urbanization, and industrialization are
supporting the construction industry prompting
the demand to meet the growing needs for the
accommodations. Simultaneously, improving
economic conditions worldwide are providing
impetus to the construction sector by increasing
the consumers purchasing power. Moreover, the
extensive use of Calcium Silicate as an
insulation material due to its higher resistance
to heat, for various industrial grade equipment
such as blast furnace and pipes is a key driving
force pushing up the market growth.
Additionally, calcium silicate is used as a
sealant on cured concrete to seal the micropores
and thus, to make the material impermeable.
Usages of calcium silicate as a sealant are
increasing which are expected to foster the
market growth during the assessment period.
Calcium Silicate Market Research Report- Forecast
to 2023
Segmental Analysis
MRFR has segmented its analysis into two key
dynamics for the convenience of
understanding. By Applications Building
Materials, Insulation, Sealants, Food Additive,
and Pharmaceuticals among others. By Regions
North America, Europe, APAC and the
Rest-of-the-World. View Full Press Release _at_
Calcium Silicate Market Research Report- Forecast
to 2023
Regional Outlook
Geographically, Asia Pacific region accounts for
the largest market for calcium silicate followed
by North America and Europe. The APAC region is
mainly led by China, Japan, and India and is
forecasted to experience highest gains at a
substantial CAGR over the projected period.
Increasing demand as a building material to meet
the growing regional population is the key factor
driving the growth in the regional market. In
addition, rapid industrialization in China and
India will significantly propel the product
demand in the Pharmaceutical and construction
sector and subsequently, will drive the market
growth in the region. Furthermore, augmenting
demand for the product as an insulating material
acts as a key driving force pushing up the market
growth. Also, the changing preference of
consumers towards food consumption alongside the
burgeoning food industry in this region is
expected to foster the growth in the regional
market. The European region is another lucrative
market for calcium silicate, globally. The region
is forecasted to grow further at a considerable
CAGR due to the development in the construction
sector. The construction sector in Europe is
witnessing huge demand for green building
materials that have excellent properties such as
fire resistance, moisture resistance, and long
shelf life, which, in turn, accelerates the
demand for Calcium Silicate. Considering the
growing market demand, the European Calcium
Silicate Producer Association (ECSPA) aims to
promote efficient housing and infrastructure
solutions in the European construction products
industry, facilitating sustainable competitive
growth in the market. On the other hand, the
North American region is growing rapidly to
become a promising market for calcium silicate.
The region is mainly led by the growing Calcium
Silicate Market in the U.S., which generated
astronomical revenue in 2015. The product is
extensively used in fireproof spray plasters in
the construction sector. Furthermore, large
technological advancements are the major factor
contributing to the regional business growth.
Calcium Silicate Market Research Report- Forecast
to 2023
Major Players in this Research
  • Calcium Silicate Market Prominent Players
  • American Elements (U.S.)
  • Promat International NV (Belgium)
  • Morgan Advanced Materials (U.K)
  • Prochem, Inc. (U.S.)
  • Spectrum Chemical Manufacturing Corp. (U.S.)
  • Materion Corporation (U.S.)
  • Associated Ceramics Technology, Inc. (U.S.)
  • Mil-Spec Industries Corporation (New York)
  • Pyrotek (India)
  • Skamol (Denmark)
  • Industrial Insulation Group, LLC (U.S.)

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