Industry/ Innovation/ Related News:
January 2016 – Promat International opened a new facility in Middle East at Dubai Investment Park. The DIP location provides good link to Abu Dhabi and other gulf countries. The production facility provides PROMASPRAY® FMII, PROMASPRAY® P300, and CAFCO® 400 and significant warehouse capacity for Promat boards, fire stopping and HPI products. This help the company to strengthen its position in Middle East market.
October 2017 –BASF developed a material containing high thermal insulation based on engineering plastic Ultradur brand for window profiles. With increasing demand of restoration and interior designing of residential projects BASF is developing product to the reduce steel with PVC compact materials. Active calcium silicate is one of the intermediate used in manufacturing plastic materials.
December 2016 – Brunel university in London had developed new form of insulation that can meet environmental regulation. The substance is prepared from aerogel, a Nano insulation material that posses low thermal conductivity than any other insulation material in the market. This material is affordable and effective in wall insulation that can resist any weather conditions.
Active Calcium Silicate Market – Competitive Analysis
Active Calcium Silicate Market fragmented with presence of small scale as well as strong regional players from tier 1 market. The key players in the market are adopting strategies such as partnership or agreement with distributors to meet global demand of active calcium silicate and strengthen competitive aspects. The major players are investing heavily in R&D in order to meet environmental legislation and minimize impact on environment. Increasing online portals can also open new lucrative opportunity for manufactures. These manufacturers are optimizing new techniques assuring their customers with the consistency in product & service quality thereby, increasing product offerings to the customers.
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Active Calcium Silicate Market – Market Overview
Active Calcium Silicate is gaining high importance in construction industry owing to superior properties such as low thermal conductivity and thermal shock resistance. It is extensively used in fire protection and acoustic insulation sector replacing asbestos in high temperature insulation application. Increasing government regulations towards fire safety standard coupled with penetration of passive fire protection in infrastructure activities is expected to positively influence the market growth.
Active Calcium Silicate is used in building brick and board form of electric furnace, blast furnace and oil refinery. Moreover, rising penetration of high temperature insulation in end use industries such as steel and petrochemical industry will further boost the market growth. Active Calcium Silicate is prepared through raw materials such as limestone, Sodium Silicate and hydrochloric acid. These materials act as intermediate in processing other chemical compounds and help providing structure and surface to active calcium silicate. Thus, dynamics of these aforementioned raw materials significantly impact prices of Active Calcium Silicate Market.
Robust industry growth of ceramic industry owing to rising modern structure in housing sector also anticipated to drive the product demand over the forecast period. These products are used in flooring owing to its characterises such as light weight, high hardness and resistance from thermal and shock. Furthermore, rising product penetration in false ceilings and roofing tiles for construction industry and automotive plants is projected to drive the market growth. Increasing government expenditure for building airports, roads and harbours are expected to provide lucrative opportunity to manufacturer. In addition, increasing developments in residential and commercial projects in emerging markets such as China, India and Brazil are anticipated to fuel the market growth over the forecast period. Europe is leading region in Active Calcium Silicate Market owing to advance technology and stringent regulations towards product standards and quality of products. Initiatives taken to preserve historical monuments by providing special paints & coatings to protect from fire and corrosion will boost the demand for Active Calcium Silicate in the coming years. Asia Pacific is second largest market. China is the leading producing country in the active calcium silicate market due to strong industry base including rubber, paints & coatings and plastic industry. In addition, rising consumer awareness towards decorative walls and ceilings for better aesthetic appearance is anticipated to propel the Global Active Calcium Silicate Market. Changing trade statistics in South Africa will boost the demand of active calcium silicate market growth.
Additionally, regulatory trends laid by OSHA and NIOSH towards product exposure can hinder the market growth. Excess exposure to product can cause severe damage to human health. These regulations are pertaining to high manufacturing cost, thereby leading to hamper the market growth.
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