Active Calcium Silicate Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

The market is segmented by Application (Insulation, Fire Protection, Paints & Coatings, Ceramics, Cement, and Others) and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa)

Active Calcium Silicate Market Size

Active Calcium Silicate Market Size
Study Period 2018 - 2028
Market Size (2023) USD 210.76 Million
Market Size (2028) USD 274.80 Million
CAGR (2023 - 2028) 5.45 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific

Major Players

Active Calcium Silicate Market Key Players

*Disclaimer: Major Players sorted in no particular order

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Active Calcium Silicate Market Analysis

The Active Calcium Silicate Market size is expected to grow from USD 210.76 million in 2023 to USD 274.80 million by 2028, at a CAGR of 5.45% during the forecast period (2023-2028).

Due to the COVID-19 outbreak, nationwide lockdowns worldwide, disruption in manufacturing activities and supply chains, and production halts negatively impacted the market in 2020. However, the conditions started recovering in 2021, restoring the market's growth trajectory.

  • Major factors driving the market studied are growing demand from the construction industry in Asia-Pacific and increasing usage in the ceramic industry.
  • On the flip side, stringent regulations about the permissible exposure limit of the product are the major restraints hindering the market's growth.
  • Growing demand for sound adsorption and high temperature-resistance applications is expected to offer various lucrative opportunities for market growth.
  • By application, the fire protection segment is expected to grow significantly during the forecast period owing to stringent regulations proposed by various governments to use fire protection materials in commercial, residential, and industrial buildings.
  • Asia-Pacific dominated the global market with the largest consumption from the countries such as China, India, and ASEAN Countries.

Active Calcium Silicate Market Trends

This section covers the major market trends shaping the Active Calcium Silicate Market according to our research experts:

Growing Demand from Insulation and Fire Protection Segment

  • Active calcium silicate is widely used in the building & constructio segment owing to its properties which leads the product to be used for adhesion, insulation, intumescence and fire resistance applications. Growing construction spending to upgrade the quality of residential, commercial and industrial projects, has led to the increased demand of the product in the sector.
  • The products have increased usage in the production of wall board and acoustic tiles, as active calcium silicate has the capability to offer excellent sound adsorption properties. Active calcium silicate are non-combustible and retains their excellent dimensional stability even in damp and humid conditions.
  • The government has been emphasizing on stringent environmental regulations for the purpose of preventing fire and reducing harm caused by fire hazards, for improving emergency rescue, safeguarding personal safety and security of property, as well as maintaining public security.
  • Building Regulations applies to the construction of new buildings and to extensions and material alterations to the buildings. These safety laws on building construction has been following at a rapid pace in the interior surfaces for protection against fire hazards, leading to enhanced demand for fire protection products such as active calcium silicate.
  • The global construction industry is projected to grow at a CAGR of over 4% during the forecast period and is estimated to reach USD 10.5 trillion by 2023. Owing to this, the demand for active calcium silicate is likely to increase in construction of new buildings and infrastructure, which is expected to boost the active calcium silicate market during the forecast period.
  • Owing to all the above-mentioned factors for active calcium silicate, its market is expected to grow rapidly over the forecast period.
Active Calcium Silicate Market Share

Asia-Pacific Region to Dominate the Market

  • Asia-Pacific region is expected to dominate the market for active calcium silicate during the forecast period. In countries like China and India, owing to increase in the demand for active calcium silicates from various applications in building & constructions, fire protection, cement and ceramics, the demand for active calcium silicate has been increasing in the region.
  • Enactment of rules and regulations pertaining to product standards and quality is expected to drive regional growth. Demand for fireproofing cladding products such as active calcium silicate for prevention against smoke, flames and fire spread should boost market demand.
  • The construction sector of Asia-Pacific has been witnessing a steady growth, in the recent past, owing to the presence of fast-growing economies, rapid urbanization, and rising infrastructure spending. The increasing presence of foreign companies in the Asia-Pacific region has also created demand for the construction of new offices, buildings, production houses, etc., thereby, driving the growth of the construction sector in the region and consequently stimulating the active calcium silicate market in the region.
  • China has already established a set of fire safety regulations, from policy-based regulations about fire prevention and reduction, to specific standards related to the requirements for fire safety facilities and monitoring processes. The updated law relating to fire safety is the Code for Fire Protection Design of Buildings (GB50016-2014), which combines the original specification and the Code of Fire Protection Design of tall buildings to increase consistency and compatibility with other standard protocols. Such regulations are serving to boost the uptake of active calcium silicate in the region.
  • According to the Indian Brand Equity Foundation (IBEF), the Indian real estate industry is likely to reach USD 1 trillion by 2030 and may contribute approximately 13% to the country’s GDP by 2025. This is likely to increase the demand of active calcium silicate and propel its market in the region.
  • Some of the major companies operating in Asia-Pacific region are – Promat, 2K Technologies, HIL Limited, and MLA Group of Industries.
  • The aforementioned factors, coupled with government support, are contributing to the increasing demand for active calcium silicate during the forecast period.
Active Calcium Silicate Market Analysis

Active Calcium Silicate Industry Overview

The global active calcium silicate market is fragmented in nature with a few major players dominating a significant portion of the market. Some of the major companies are Promat International (Etex), Skamol Group, American Elements, HIL Limited, and Johns Manville among others.

Active Calcium Silicate Market Leaders

  1. Skamol Group

  2. HIL Limited

  3. Johns Manville

  4. Promat International (Etex)

  5. American Elements

*Disclaimer: Major Players sorted in no particular order

 Promat International (Etex), Skamol Group, American Elements, HIL Limited, and Johns Manville
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Active Calcium Silicate Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Growing Demand from the Construction Industry in Asia-Pacific

      2. 4.1.2 Increasing Usage in the Ceramic Industry

    2. 4.2 Restraints

      1. 4.2.1 Stringent Regulations Pertaining to Permissible Exposure Limit of the Product

      2. 4.2.2 Unfavorable Conditions Arising due to COVID-19 Outbreak

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Porters Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Application

      1. 5.1.1 Insulation

      2. 5.1.2 Fire Protection

      3. 5.1.3 Paints & Coatings

      4. 5.1.4 Ceramics

      5. 5.1.5 Cement

      6. 5.1.6 Others

    2. 5.2 Geography

      1. 5.2.1 Asia-Pacific

        1. 5.2.1.1 China

        2. 5.2.1.2 India

        3. 5.2.1.3 Japan

        4. 5.2.1.4 South Korea

        5. 5.2.1.5 Rest of Asia-Pacific

      2. 5.2.2 North America

        1. 5.2.2.1 United States

        2. 5.2.2.2 Canada

        3. 5.2.2.3 Mexico

      3. 5.2.3 Europe

        1. 5.2.3.1 Germany

        2. 5.2.3.2 United Kingdom

        3. 5.2.3.3 France

        4. 5.2.3.4 Italy

        5. 5.2.3.5 Rest of Europe

      4. 5.2.4 South America

        1. 5.2.4.1 Brazil

        2. 5.2.4.2 Argentina

        3. 5.2.4.3 Rest of South America

      5. 5.2.5 Middle-East and Africa

        1. 5.2.5.1 Saudi Arabia

        2. 5.2.5.2 South Africa

        3. 5.2.5.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share (%)/Ranking Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 2K Technologies

      2. 6.4.2 American Elements

      3. 6.4.3 HIL Limited

      4. 6.4.4 Johns Manville

      5. 6.4.5 MLA Group of Industries

      6. 6.4.6 Promat International (Etex)

      7. 6.4.7 Ramco Industries Limited

      8. 6.4.8 Sibelco

      9. 6.4.9 Skamol Group

      10. 6.4.10 Weifang Hongyuan Chemical Co., Ltd

      11. 6.4.11 Xella Group

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Growing Demand for Sound Adsorption and High Temperature-Resistance Applications

    2. 7.2 Other Opportunities

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Active Calcium Silicate Industry Segmentation

The Active Calcium Silicate Market report includes:

Application
Insulation
Fire Protection
Paints & Coatings
Ceramics
Cement
Others
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Active Calcium Silicate Market Research FAQs

The Active Calcium Silicate Market size is expected to reach USD 210.76 million in 2023 and grow at a CAGR of 5.45% to reach USD 274.80 million by 2028.

In 2023, the Active Calcium Silicate Market size is expected to reach USD 210.76 million.

Skamol Group, HIL Limited, Johns Manville, Promat International (Etex) and American Elements are the major companies operating in the Active Calcium Silicate Market.

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2022-2028).

In 2022, the Asia Pacific accounts for the largest market share in Active Calcium Silicate Market.

Active Calcium Silicate Industry Report

Statistics for the 2023 Active Calcium Silicate market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Active Calcium Silicate analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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