Category

Countries

Demand for Calcium Silicate Boards Set to Skyrocket as Steel and Petrochemical Industries Expand

Demand for Calcium Silicate Boards Set to Skyrocket as Steel and Petrochemical Industries Expand

Demand for Calcium Silicate Boards Set to Skyrocket as Steel and Petrochemical Industries Expand

  • 17-Mar-2023 3:42 PM
  • Journalist: Bob Duffler

Europe: Calcium Silicate boards are a popular choice for construction projects due to their durability, high-temperature resistance, and ability to withstand moisture and mold growth. These properties make them invaluable for industries such as Steel and petrochemicals that need materials able to resist extreme temperatures and corrosive environments. With the continued expansion of these industries, demand for Calcium Silicate boards is expected to increase in the long run.

The global Calcium Silicate board market is projected to witness an upsurge in demand due to the use of these boards in various industries. From Steel and petrochemical to power generation, cement production, and shipbuilding - Calcium Silicate boards are seeing a rise in usage. Additionally, their utilization in the construction industry for better insulation and green building materials is likely to drive growth even further.

The Steel and petrochemical sector is expanding, and the demand for Calcium Silicate boards is increasing from other industries such as construction and power generation. This is expected to continue pushing up the demand for Calcium Silicate boards in the long run.

The Calcium Silicate boards market is highly competitive and fragmented, with several players in the mix. Promat International is one of the leading companies in this space, offering various products for different applications by focusing on product innovation, development, and expansion. Etex Group also has a strong presence in this market, providing an array of products under popular brand names such as Eternit, Siniat, and Promat. Other key brands in the Calcium Silicate boards industry include Ramco Industries Ltd., HIL Limited, Calsil Insulation, Nichiha Corporation, Mago BP, Everest Industries Ltd., Aerolite Industries Pvt. Ltd., and Soben International (Asia Pacific) Ltd.

Ramco Industries Ltd. is a significant player in the Calcium Silicate board market, with a commitment to providing top-notch products for various uses. The company has an expansive presence in India and the Middle East and is consistently broadening its operations into other areas as well. Another prime participant in the Calcium Silicate board market is HIL Limited, offering a vast selection of products for multiple applications. To remain competitive in this market, HIL Limited puts emphasis on innovation, development, and expansion of their products.

Calsil Insulation, Nichiha Corporation, Mago BP, Everest Industries Ltd., Aerolite Industries Pvt. Ltd., and Soben International (Asia Pacific) Ltd. are all striving to gain an advantage in the market by introducing new products, developing innovative solutions and extending their reach.

The market is becoming increasingly competitive, with companies focusing on diversifying their product range, innovating new solutions, and expanding into different regions to remain ahead of the competition. Success in the market will be determined by factors such as product quality, price competitiveness, innovation and customer service.

The demand for insulation materials is driving the growth of the Calcium Silicate boards (CSB) market. CSBs are widely used as insulation materials due to their excellent thermal insulation properties, making them ideal for various applications such as walls, roofs, ceilings, floors and HVAC ducts. A growing awareness of the benefits of energy-efficient buildings has led to an increased demand for these materials in order to reduce energy consumption, improve indoor air quality, and meet environmental regulations. This rise in demand is expected to continue in the future as more consumers become conscious about cutting down on energy costs.

Calcium Silicate boards are a popular choice in the construction industry due to their excellent thermal insulation properties, making them an ideal material for energy-efficient buildings. They are also fire-resistant, moisture-resistant and resistant to mold growth, making them suitable for various applications. In addition, the growing construction industry in emerging economies such as China, India and Brazil are expected to drive demand for these boards in the long run. Thanks to their versatility, Calcium Silicate boards can be used for a range of applications, including ceilings, walls, partitions and floors.

The demand for Calcium Silicate boards is on the rise. This is largely due to the ever-increasing need for insulation materials and the growing construction industry. Moreover, the trend towards green buildings has also fuelled interest in these eco-friendly products that can be recycled. With the continuous demand for sustainable building projects, it's expected that Calcium Silicate boards will remain in high demand well into the future.

24X7

Track Real Time Prices

Related News

Bleak Demand Pressures Calcium Silicate Prices to fall in Europe
  • 07-Mar-2023 4:15 PM
  • Journalist: Rene Swann
Waning Demand from the Construction Sector Plunges Global Silicates Prices
  • 30-Sep-2022 5:48 PM
  • Journalist: Robert Hume
Lacklustre Demand Drives Down Calcium Silicate Prices in Europe and Asia
  • 14-Sep-2022 4:35 PM
  • Journalist: Li Hua
Raw Material Cost Catapults Calcium Silicate Prices in China and Germany
  • 06-Jun-2022 3:25 PM
  • Journalist: Harold Finch