Frequently asked questions
In 2022, the global Active Calcium Silicate Market is expected to be worth USD 168.5 million.
The Active Calcium Silicate Market is estimated to increase at a CAGR of 5.60% between 2023 and 2030, reaching USD 260.5 Million in 2030.
Over the projection period, the construction category is likely to lead the market
The blocks and boards category is expected to account for a substantial share of the market.
The fireproofing and passive fire protection segment is predicted to rise at a high CAGR during the forecast period.
North America dominated the market in 2022, accounting for 45% of revenue
The top players include American Elements, HIL Limited, Johns Manville, MLA Group of Industries, Promat International (Etex), Ramco Industries Limited and Sibelco
The primary drivers of the market include rising demand for insulation materials, a greater emphasis on fire safety standards, and technological developments in production processes.
The market’s main difficulties include high production costs, the availability of alternative materials, and limited acceptance in price-sensitive areas.
The primary opportunities in the market are infrastructure growth in emerging nations, the introduction of novel active calcium silicate products, and rising awareness of energy efficiency and sustainability.