Fact.MR's latest report on the calcium silicate board market provides an unbiased industry analysis from 2021 to 2031. The study disclosed exclusive information on existing opportunities and emerging trends in leading market segments in terms of board size, application and end use.
New York, November 24, 2021/PRNewswire/ - According to the latest Fact.MR analysis, the global calcium silicate board market is estimated to reach approximately US$2.43 billion by 2031. The overall sales of calcium silicate boards are expected to grow at a compound annual growth rate of 3.6% during the evaluation period of 2021 and 2031.
The growing demand for better insulation panels in various industries such as petrochemical, steel and construction is driving the calcium silicate board market.
Calcium silicate board has become an ideal substitute for various building materials (such as gypsum board). They are waterproof, have higher strength, and provide better heat resistance and corrosion resistance. Therefore, they are widely used in various applications such as ceilings, pipes and walls.
In addition, the incidence of fires in residential and industrial infrastructure is rising, increasing the demand for better insulating building materials (such as calcium silicate boards). In addition, the petrochemical and iron and steel industries have increased their consumption of calcium silicate boards, especially pipe sections, equipment insulation and refractory materials, which will continue to promote sales.
During the evaluation period, rapid urbanization and the surge in demand for sustainable building products are expected to accelerate the growth of the calcium silicate board market.
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According to Fact.MR, during the forecast period of 2021 and 2031, the demand for calcium silicate boards in the construction and construction industry will grow at a compound annual growth rate of 4.6%. As calcium boards are increasingly used in the construction and construction industries, it is expected that sales will increase as much as possible to facilitate drilling and processing.
From a regional perspective, Europe is expected to grow at a compound annual growth rate of 4.3% between 2021 and 2031, and will account for about 40% of global demand by 2031. The growth is mainly attributable to the growing demand and construction of better insulating materials in various end-use industries such as petrochemicals.
"It is expected that the scope of calcium silicate boards in the petrochemical, steel and glass industries will continue to expand, and it is expected that the future will create profitable growth opportunities for major market participants. In addition, the increasing demand for sustainable construction will be predicted Promote the demand for calcium silicate board during the period," Fact.MR analyst said
The key points of calcium silicate board market survey
It is estimated that by 2021, North America will account for approximately 22% of the global calcium board market.
By 2031, China will continue to maintain its central position in construction products such as calcium silicate boards, leading the East Asian market.
With the surge in demand for calcium silicate boards in the construction industry, the compound annual growth rate of the French calcium silicate board market will reach 4.7% by 2021 and beyond.
Based on the board size, the 1200 x 2500 mm calcium silicate board category will account for 1/3 of the global demand.
It is expected that the consumption of calcium silicate board in the pipe section will grow at a compound annual growth rate of 3.2% during the forecast period.
The growing demand for better insulating building products is accelerating the growth of the calcium silicate board market.
The increase in fire incidence and the implementation of safety regulations will continue to create profitable growth opportunities for the market.
The growth trend of green buildings that minimize the environmental impact is having a positive impact on the growth of the market.
The lack of awareness of the insulating advantages of calcium silicate boards limits the demand.
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Leading companies operating in the calcium silicate board market are adopting various expansion strategies, such as product launches, mergers, partnerships, acquisitions, and cooperation with leading distributors to gain a competitive advantage in the market.
They also use online distribution channels to expand their global footprint. E.g,
In March 2021, Tenmat announced its newest high-temperature board "Firefly H1000", which is a high-strength calcium silicate-based material designed to meet higher temperatures. Tenmat provides other world-renowned engineering boards. H1000 has Excellent machinability, can reduce processing time and tool wear, so as to achieve more cost-effective manufacturing.
In July 2020, Calderys completed the acquisition of Hysil's calcium silicate insulation division in India. With this new product, Calderys now has the largest calcium silicate board manufacturing capacity in India and Southeast Asia. This acquisition expands the existing product portfolio and enables Calderys to provide customers with a wider range of products, becoming the only company in India that provides CalSil insulation products and refractory solutions.
In February 2019, the world’s leading manufacturer of energy-saving building products and engineering specialty materials, as well as Berkshire Hathaway’s Johns Manville (JM), announced the launch of Thermo-1200™ bending section, which is its Thermo-1200™ The newest member of the calcium silicate product line.
Some of the main players in the calcium silicate board market introduced by Fact.MR are:
A&A Material Company
Guangdong New Element Building Materials Co., Ltd.
Laizhou Mingfa Insulation Material Co., Ltd.
More insights on the sales prospects of global calcium silicate boards
Fact.MR conducted a detailed analysis of the global calcium silicate board market, providing historical demand data (2016-2020) and forecast statistics for the period 2021-2031. The study revealed convincing insights into the global demand for calcium silicate boards, and detailed breakdowns based on the following:
Key issues covered in the calcium silicate board market outlook report
The report provides insights into the demand outlook for calcium silicate boards from 2021 to 2031
The market research also highlights the projected sales growth of the calcium silicate board market from 2021 to 2031
Calcium silicate board market survey identified the main growth drivers, limiting factors and other forces affecting the current market size and the mainstream trends in the industry’s forecasts and technological progress
Market share analysis of key companies in the calcium silicate board industry and the coverage of strategies such as mergers and acquisitions, joint ventures, cooperation or partnerships
Explore Fact.MR's coverage of chemistry and materials –
Calcium Market Research-Calcium is used as a basic element, flux, refining agent, finishing agent, curing agent and fertilizer in a variety of industries, including paper and pulp, chemical, pharmaceutical, construction and sugar processing. Calcium composite materials are used in a wide range of industries. Due to the rapid increase in the number of infrastructure expansions brought about by globalization, the demand for calcium is rising. In addition, the expansion of the construction industry, coupled with government investment in infrastructure development, has boosted demand for calcium.
Market Scope of Calcium Sulfite-Calcium sulfite is a calcium salt of sulfite, which has two crystal forms: hemihydrate and tetrahydrate. Over the years, the calcium sulfite market has become increasingly important due to the widespread use of calcium sulfite as an antioxidant in the food and pharmaceutical industries. The high reducing agent and toxic activity of calcium sulfite to oxidizing bacteria, as well as its ability to limit acid production in coal waste, is expected to drive demand during the forecast period. Due to the rise of the food industry, the global calcium sulfite market is expected to grow significantly.
Calcium acetate market-The growing demand for calcium acetate products in the food and pharmaceutical industries is driving the market. Calcium acetate is in great demand all over the world. Calcium acetate is used to treat excessive blood pressure in dialysis patients. Dialysis can eliminate some of the phosphate in the blood, but it is not enough to control your phosphate levels. Due to the cumulative demand for this product in the food and beverage industry, the calcium acetate market may rise significantly throughout the forecast period.
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