H1 2023: In H1 2023, the Asian market faced fluctuations in the Calcium Silicate prices. During the first four months of 2023, the price of calcium silicate in Asia went upwards. China increased infrastructure spending in this period to support economic growth, boost the activity of numerous downstream businesses, and increase the demand for basic minerals like calcium silicate in the Chinese market. After the Lunar Holidays, China's market reopened, and as it improved and started to receive more orders from western nations, the price trend was further supported. Due to the sluggish demand in the Chinese market, the price of calcium silicate showed a negative trend from the end of April to June. The downstream construction industry saw a dip. Calcium silicate was less in demand in the construction sector and for construction-related products which helped ease pressure on supply chains. On the other hand, the Calcium Silicate witnessed a bearish market scenario throughout H1 2023. Due to the less orders from the market, the price of calcium silicate in the German market declined. Prices eventually went low as a result of increased supply and a decline in demand in Germany. In reaction to the drop in new orders, backlog dropped significantly, and output forecasts remained low.
The global Calcium Silicate market stood around 260 thousand tonnes in 2022 and is expected to grow at an impressive CAGR of 3.20% during the forecast period until 2035.
When silica and calcium oxide are combined a chemical known as calcium silicate, often referred to as calcium orthosilicate, is produced. Limestone and diatomaceous earth are also naturally produced sources of calcium silicate. It is a free-flowing powder with a high capacity to absorb physical water and a low bulk density. When food is being prepared, calcium silicate is utilised as an antacid and an anti-caking agent. Calcium silicate is used in a variety of products, such as food additives, insulation, sealants, and more. adding to the diverse applications of calcium silicate. The demand for calcium silicate is estimated to rise dramatically during the course of the forecast period.
Majority of the Calcium Silicate is currently employed by the Insulation Industry. For purposes like as fire resistance and insulating high-temperature pipes and machinery, calcium silicate is often employed. The calcium silicate market size is estimated to develop significantly throughout the anticipated time period as a result of expanding applications across many end use sectors, including construction, food & beverage, and pharmaceuticals. Additionally, it is projected that growing public spending on infrastructure upgrades in developing countries will most likely help the market expand. These products' remarkable thermal insulating capabilities, fire and corrosion resistance, and performance stability when used in the construction industry are all expected to boost demand for calcium silicate across the globe. It is anticipated that the global consumption of Calcium Silicate will reach approximately 400 thousand tonnes by 2035.
Based on region, Asia Pacific region is the leading consumer across the globe followed by Europe. In 2022, Asia Pacific region held a market share of roughly 45%. During the forecast period, escalating construction activities together with rapid urbanization in China and India are anticipated to considerably contribute to the market growth for calcium silicate. Due to rising infrastructure development expenditures there is a greater need for residential and commercial buildings, which is expected to drive calcium silicate market growth in the developing countries. Calcium silicate demand is anticipated to increase in Europe over the course of the forecast period due to the rising demand for green building materials with superior qualities like fire resistance, moisture resistance, and long life, among others.
Based on grade, the global Calcium Silicate market is divided into Industrial Grade, Food Grade, Pharma Grade, and Cosmetics Grade. Industrial Grade is the predominantly used grade with a market share around 56% of the total market in 2022. Additionally, Calcium Silicate serves as a base for other additions. It is a naturally occurring mineral that is added to salt and salt replacements, dextrose, powdered sugar, powdered whey, and prepared powdered whey as well as sliced cheese with soft, hard, or melting paste. It is included in the mixture of spices and fats used to grease trays and pans. Increased calcium content and use as an anti-caking agent are all benefits of calcium silicate. Because it prevents lumps from forming, it is appropriate for use in food applications.
Based on the end-user industry, the global Calcium Silicate market is divided into Insulation, Paints and Coatings, Fire protection, Ceramics, and Others. Although, Insulation Industry is leading sector, with a market share of approximately 75% of the total global demand in 2022. For purposes like as fire resistance and insulating high-temperature pipes and machinery, calcium silicate is employed. Calcium silicate provides, good brightness, and a relatively low oil absorption rate to paints and coatings. It is appropriate for use in latex paints, interior flat and semi-gloss oil paints, and oil house paints.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2024-2035
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Objective of the Study:
• To assess the demand-supply scenario of Calcium Silicate which covers demand and supply of Calcium Silicate market in the globe.
• To analyse and forecast the market size of Calcium Silicate
• To classify and forecast Global Calcium Silicate market based on end-use and regional distribution.
To extract data for Global Calcium Silicate market, primary research surveys were conducted with Calcium Silicate manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Calcium Silicate market over the coming years.
ChemAnalyst calculated Calcium Silicate demand in the globe by analyzing the historical data and demand forecast which was carried out considering the supply and demand of Calcium Silicate across the globe. ChemAnalyst sourced these values from industry experts, and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Calcium Silicate manufacturers and other stakeholders
• Organizations, forums and alliances related to Calcium Silicate distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Calcium Silicate manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Calcium Silicate s market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2022
260 thousand tonnes
Market size Volume by 2035
400 thousand tonnes
Growth Rate
CAGR of 3.20% from 2023 to 2035
Base year for estimation
2023
Historic Data
2015 – 2022
Forecast period
2024 – 2035
Quantitative units
Demand in thousand tonnes and CAGR from 2023 to 2035
Report coverage
Industry Market Size, Demand by End- Use, Demand by Grade, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Manufacturing Process.
Segments covered
By End-Use: (Insulation, Paints and Coatings, Fire protection, Ceramics, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
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Market Data & Insights
Table of Content
1. Industry Market Size
It is an essential metric for market analysis, as it provides insights into the overall size and growth potential of Calcium Silicate market in terms of value and volume.
2. Demand by Grade
Learn about the various grades: Industrial Grade, Food Grade, Pharma Grade, and Cosmetics Grade, and their demands. It will allow you to choose which grade to concentrate on when designing your strategy.
3. Demand by End- Use [Quarterly Update]
Discover which end-user industry (Insulation, Paints and Coatings, Fire protection, Ceramics, and Others) are creating a market and the forecast for the growth of the Calcium Silicate market.
4. Demand by Region
Analyzing the change in demand of Calcium Silicate in different regions, i.e., North America, Europe, Asia Pacific, Middle East and Africa, and South America, that can direct you in mapping the regional demand.
5. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell Calcium Silicate. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
6. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Calcium Silicate.
7. Manufacturing Process
Discover insights into the intricate manufacturing process of Calcium Silicate.
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What is the expected global market size of Calcium Silicate in terms of volume for 2035?
Ans:
The global market size of Calcium Silicate is expected to reach approximately 400 thousand tonnes by 2035.
Q2.
Which region is the major consumer of Calcium Silicate?
Ans:
Asia Pacific region is the major consumer of Calcium Silicate.
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