Market Size of Active Calcium Silicate Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 222.25 Million |
| Market Size (2029) | USD 289.78 Million |
| CAGR (2024 - 2029) | 5.45 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Active Calcium Silicate Market Analysis
The Active Calcium Silicate Market size is estimated at USD 222.25 million in 2024, and is expected to reach USD 289.78 million by 2029, growing at a CAGR of 5.45% during the forecast period (2024-2029).
Due to the COVID-19 outbreak, nationwide lockdowns worldwide, disruption in manufacturing activities and supply chains, and production halts negatively impacted the market in 2020. However, the conditions started recovering in 2021, restoring the market's growth trajectory.
- Major factors driving the market studied are growing demand from the construction industry in Asia-Pacific and increasing usage in the ceramic industry.
- On the flip side, stringent regulations about the permissible exposure limit of the product are the major restraints hindering the market's growth.
- Growing demand for sound adsorption and high temperature-resistance applications is expected to offer various lucrative opportunities for market growth.
- By application, the fire protection segment is expected to grow significantly during the forecast period owing to stringent regulations proposed by various governments to use fire protection materials in commercial, residential, and industrial buildings.
- Asia-Pacific dominated the global market with the largest consumption from the countries such as China, India, and ASEAN Countries.
