The report “Calcium Silicate Insulation Market by Temperature (High-Temperature & Mid-Temperature), End-use Industry (Metals, Industrial, Power Generation, Petrochemical, Transport), and Region (Europe, North America, APAC, MEA, South America) – Global Forecast to 2026″, The calcium silicate insulation market is projected to reach USD 320 million by 2026, at a CAGR of 4.6% from USD 256 million in 2021.
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• 126 Market data Tables
• 52 Figures
• 212 Pages and in-depth TOC on “Calcium Silicate Insulation Market – Global Forecast to 2026″
Some of the prominent key players are:
- Skamol (Denmark)
- A&A Material Corporation (Japan)
- Promat (Etex Group) (Belgium)
- BNZ Materials (US)
- Johns Manville (US)
- Anglitemp (UK)
- NICHIAS Corporation (Japan)
- Calsitherm (Japan)
- SANLE Group (China)
- Taisyou International Business Co. Ltd. (Taiwan)
Opportunities: Rising demand for green building material
In response to increased pressure for environment safety, many infrastructure investors are strengthening their environmental, social and governance (ESG) focus and want to invest in environmentally sustainable assets. In addition, several standards and frameworks have emerged to integrate climate-related factors into investment decisions and redirect capital to environmentally sustainable projects. As ESG reporting becomes more mainstream and policy pressure increases, it is reasonable to anticipate further demand for such assets in the future. The pandemic and climate change are both global problems, and in responding to the former, there is an opportunity to build resilience for the latter.
The mid temperature is projected to be the fastest-growing temperature type for calcium silicate insulation market between 2021 and 2026
The growing demand for environment-friendly, fire-proof, and high temperature insulation from the marine and railway industries and increasing consumer spending in various developing economies are expected to drive the calcium silicate insulation market during the forecast period.
North America is projected to be the fastest-growing region for the calcium silicate insulation market during the forecast period
North America has dominated the global calcium silicate insulation market. North America has dominated the global calcium silicate insulation market due to the growing investments in developing countries and manufacturing capacity additions across end-use industries, especially power generation and industrial. Investment in the power generation, petrochemical, industrial and transport activities is increasing in countries such as Canada & Mexico. This drives demand for thermal insulation, which has contributed significantly to growth of the calcium silicate insulation market in North America. US is the key market for calcium silicate insulation in the North America due to its increasing industrialization and urbanization. Some major players in North America are BNZ Materials (US) and Johns Manville (US). The demand for calcium silicate insulation is growing, especially in Europe and APAC. Thus, the markets in these regions are expected to register higher growth in comparison to other regions.
