Active Calcium Silicate Market Size

Active Calcium Silicate Market Size

Active Calcium Silicate Market size estimated at USD 100 million in 2015 and is poised to surpass consumption of 115 Kilo tons by 2024.

Robust growth in the construction of new residential and commercial buildings owing to increasing population has created demand for high quality cement, fire protection and insulation materials which shall accelerate the active calcium silicate market growth. These products are served in a variety of applications such as building materials, fireproof ceilings, paints & coatings pertaining to its superior thermal insulation properties and performance stability. Rising government regulations pertaining to fire safety standards during infrastructure development owing to growing safety concerns should further accelerate the market size.

The compound acts as an alternative to various building materials such as asbestos, metals owing to its light density and resistance from water damage. These materials are lighter than fiber cement board, offer effective sound absorption and high temperature protection which makes them ideal for roofing and floor tiles applications. Construction investments in Western Europe valued over at USD 1.4 trillion in 2015 which shows healthy market growth. Growing investments in infrastructure projects across the globe along with rising demand for high insulation materials is likely to stimulate the product demand.

Stringent regulations laid down by various regulatory bodies such as OSHA and ACGIH towards the exposure of calcium silicate to human health may hinder the market growth. Excessive exposure of the product may lead to itching, pain, redness in eyes and scratchiness of the throat which may further obstruct market growth during the forecasted timeperiod. However, increasing demand for products that offer superior dimensional stability in humid environments shall escalate the market size.