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Calcium Silicate Insulation Market Trends

Report ID: GMI7263
Published Date: Nov 2023
Report Format: PDF

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Calcium Silicate Insulation Market Trends

Growing concerns about energy conservation and sustainability continue to drive the demand for energy-efficient insulation materials. Calcium silicate, known for its high-temperature resistance and energy-saving properties, remains a preferred choice in various industries.

The construction industry's expansion, particularly in emerging markets, has been a significant driver for the calcium silicate insulation industry. The material is extensively used in various construction applications, including commercial and industrial buildings, which contributed to the rising demand. The global market for calcium silicate insulation has witnessed expansion due to increased infrastructure development and urbanization in various parts of the world. Emerging economies, in particular, have been significant contributors to the market's growth.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Market size for calcium Silicate Insulation was valued at USD 258.2 million in 2022 and is anticipated to register a CAGR of over 4.8% between 2023 and 2032 as the product is widely used in various industries, including petrochemicals, cement, iron and steel, ceramics, aluminum, and glass.

Blocks accounted for over 40% market share in 2022 and is projected to grow through 2032, owing to their utilization in high-temperature applications such as furnaces and high-heat industrial equipment due to their ability to withstand extreme temperatures while providing insulation.

The U.S. market generated a revenue of over USD 38.7 million in 2022 as various industries in North America rely on calcium silicate insulation due to its high-temperature resistance and durability.

Promat International, Johns Manville, Skamol, Isolatek International, L'ISOLANTE K-FLEX, Etex Group (Formerly known as Eternit), and NICHIAS Corporation.