Non-asbestos Calcium Silicate Boards Market Share Driven by Sustainable Construction and Fire-Resistant Building Materials | Valuates Reports

Non-asbestos Calcium Silicate Boards Market Size
The global market for Non-asbestos Calcium Silicate Boards was valued at US$ 4737 million in the year 2024 and is projected to reach a revised size of US$ 6945 million by 2031, growing at a CAGR of 5.7% during the forecast period.

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The Non-asbestos Calcium Silicate Boards Market is experiencing steady market growth as global construction activities increasingly prioritize safety, durability, and environmental compliance. These boards are widely valued for their fire resistance, thermal insulation properties, moisture stability, and asbestos-free composition, making them suitable for modern building standards. Key market trends influencing market size include stricter building safety regulations, rising adoption of green construction materials, and growing awareness of occupational health risks associated with legacy asbestos products. Demand is also supported by evolving buyer behavior favoring long-lasting, low-maintenance interior and exterior building solutions.

By type, high-density non-asbestos calcium silicate boards hold the largest market share due to their superior mechanical strength, fireproof performance, and suitability for load-bearing and high-impact areas. Medium-density boards are widely adopted in interior wall partitions and ceiling systems, supporting consistent demand across commercial projects. Low-density boards are witnessing faster market growth as they gain traction in applications where lightweight structures, ease of installation, and thermal insulation are prioritized, particularly in residential construction.

From an application perspective, commercial buildings dominate the market share, driven by extensive usage in offices, hospitals, educational institutions, and industrial facilities where fire safety and regulatory compliance are critical. Residential buildings represent the fastest-growing segment, supported by urban housing development, renovation activities, and increased adoption of safe and eco-friendly construction materials. Both segments contribute meaningfully to overall market size as developers seek standardized, certified alternatives to traditional boards.

The competitive landscape features a mix of global building material leaders and strong regional manufacturers. Etex Group and NICHIAS maintain a significant market share through diversified product portfolios, established distribution networks, and strong compliance with international building standards. Companies such as Ramco Hilux, Skamol, and Eternit Guangzhou strengthen their positions through innovation in fire-rated systems and insulation solutions. Regional players including KingTec Materials, CNUE, Zhejiang Hailong, and Guangdong Newelement are expanding their footprint by offering cost-effective products tailored to local construction requirements.

Regionally, North America and Europe lead the market due to mature construction sectors, strict fire safety regulations, and early adoption of non-asbestos materials. Asia-Pacific shows the strongest market growth, driven by rapid urbanization, infrastructure expansion, and large-scale residential and commercial construction in China, Japan, South Korea, and Taiwan. Southeast Asia and Latin America are emerging markets supported by rising investments in housing and public infrastructure. The market forecast remains positive, underpinned by continued innovation in board formulations, expanding production capacity, and increasing regulatory support for safe, sustainable building materials.

by Type

• High Density
• Medium Density
• Low Density

by Application

• Commercial Buildings
• Residential Buildings

By Company

Etex Group, A&A Material, NICHIAS, Wellpool, Ramco Hilux, Taisyou, Jinqiang, Yichang Hongyang Group, KingTec Materials, CNUE, Ningbo Yihe Green Board, Guangdong Newelement, Zhejiang Hailong, Sanle Group, Guangdong Soben Green, Shandong lutai, Eternit Guangzhou, Skamol

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