Press release
Weifang Hong Yuan Chemical Co., HIL Limited, Imerys Filtration Minerals Co., 2K Technologies Ltd., R.K. Oil Industries, Ramco Industries, Skamol limited, Xella Sverige AB, and Magnesia GmbH
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.
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Key Players:
Promat International, Weifang Hong Yuan Chemical Co., HIL Limited, Imerys Filtration Minerals Co., 2K Technologies Ltd., R.K. Oil Industries, Ramco Industries, Skamol limited, Xella Sverige AB, and Magnesia GmbH among others are some of the prominent players at the forefront of competition in the Global Active Calcium Silicate Market and are profiled in MRFR Analysis.
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.
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.
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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.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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