Press release
Calcium Silicate Market, Growth Factors, Region and Country Analysis & Forecast To 2027
The Global Calcium Silicate Market is forecast to reach USD 1.62 Billion by 2027, according to a new report by Reports and Data. Calcium Silicate or commercially known as Cal-Sil, is a white or slight off-white-colored inorganic chemical compound derived from naturally occurring limestone and diatomaceous siliceous sedimentary rock. It can also be produced artificially by the chemical reaction of calcium oxide and silica. Calcium Silicate is denoted by E552 food additive. The Calcium Silicate is approved as the safe food ingredient & additive for various food and food-grade applications by Food, Agriculture Organization (FAO) of the United Nations and World Health Organization (WHO), and European Union, among others. The global calcium silicate market is growing at a substantial pace due to the growing demand for calcium silicate food additives for its anticaking properties used in a large variety of food products. An anticaking agent helps to prevent dry foods from clumping, forming semi-solid or solid lumps.Market Overview:
Increasing consumer inclination towards sustainability and thus considering products based on criteria such as circularity and carbon footprint is expected to change materials and chemical market trends during in the coming years. The growing consumer concern about carbon emissions has prompted industry players to make investment in renewable energy, de-carbonization of transportation, and energy efficiency. These trends are expected to have a significant impact end markets for chemicals, notably in construction and automotive.
Increasing focus of the materials and chemical companies on adoption of de-carbonization technologies, re-examination of their assets, and diversification away from hydrocarbons to some extent will favor global Calcium Silicate market growth during the forecast period.
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Key participants include American Elements, Pyrotek Inc., Spectrum Chemical, ProChem, Inc., Chaitanya Chemicals, Promat International NV, Skamol, Industrial Insulation Group, Morgan Advanced Materials, and Zircar Ceramics, Inc., among others.
Competitive Landscape:
The report provides an extensive assessment of the prominent companies operating in the materials and chemical industry to offer better insights into competition scenario on a regional and global level.
Rise in competition in the global market has led to increasing innovation and technological advancement in the materials and chemical sector to meet the rising demand of environmentally conscious consumers. Industry players in the Calcium Silicate market are adopting the strategy of forward integration to cater increasing product demand, while adapting to the sustainability trends and to expand their in the global market.
Further key findings from the report suggest
Calcium silicate is used as an alternative to asbestos for the use of high temperature insulation materials as a safer noncombustible substitute withstanding temperature nearly 500 degree celcius. The chemical compound is also a good insulator of electric current while being chemically stable. Thus, it is used for electrical applications such as insulation board and pipe for resisting current flow and storage of charge. It is also utilized, in its fiber form, for making high-temperature thermal-protection fabric.
Growing penetration of the online retailing businesses for the food items, especially in the emerging nations in Asia Pacific continent, is helping the market grow by broadening the outreach of the sellers in the areas where the scarcity of the offline vendors is observed. Also, due to the non-involvement of distributors in the supply chain model, the profit margin is way more than that of the offline store retailing.
North America, with its high demand, Calcium Silicate based dietary supplements, is accounted to retain a significant position in the global market by 2027, and the CAGR is calculated to be 6.1% during the forecast period.
The Asia Pacific region is capitalizing on the ample growth opportunity of new product portfolio derived from silicon dioxide. Due to the availability of resources and investment platforms, APAC is expected to spur the market growth of silicon dioxide.
Read more: https://www.reportsanddata.com/report-detail/calcium-silicate-market
For the purpose of this report, Reports and Data have segmented the global calcium silicate market on the basis of form, grade, end-use verticals, and region:
Form Outlook (Revenue, USD Million; 2016-2027)
Amorphous
Quartz
Crystalline
Others
Grade Outlook (Revenue, USD Million; 2016-2027)
Food Grade
Industrial Grade
Pharmaceutical Grade
End-Use Verticals Outlook (Revenue, USD Million; 2016-2027)
Food Additives
Drugs & Pharmaceuticals
Construction Materials
Protection & Insulation
Adhesive & Sealant
Others
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Regional Outlook (Revenue, USD Million; 2016-2027)
North America
US
Europe
UK
France
Asia Pacific
China
India
Japan
MEA
Latin America
Brazil
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