Published Date: 2019-10-04 | Pages: Ongoing | Tables: Ongoing | Report ID: 8140 | Industry: Chemical & Material |
Format :
Demand for calcium silicate insulation boards is likely to increase in key applications such as metal processing, domestic and industrial chimneys, melting furnaces, forehearths, building insulation, and solar plants. The global calcium silicate insulation boards market is expected to benefit from strong demand for high-performance insulation solutions in the industrial sector and the energy and building and construction industries. In July 2019, Skamol, a Denmark-based provider of technical insulation systems, added SkamoStove Board Decor 650 to its line of technical insulation systems for fireplace lining. In the same month, the company launched mega blocks (500 × 250 × 65 mm) to be introduced in its insulating bricks.
Important Points to Remember
● Exceptional strength, insulation, and lightweight properties of calcium silicate insulation boards to create their robust demand in industrial and building and construction applications
● Building and construction application segment to gain remarkable share of the global calcium silicate insulation boards market
● China to show exceptional growth in the global calcium silicate insulation boards market in terms of production as well as consumption
High Strength Calcium Silicate Insulation Boards to Find Demand in Industrial Applications
Calcium silicate insulation boards find application in industrial equipment such as drying ovens, chemical pipelines, boilers, and flue sheets of power plants. They are also used in various building and construction applications. Thus, the global calcium silicate insulation boards market is expected to exhibit decent growth with the expansion of the industrial sector and the building and construction industry. Calcium silicate insulation boards are lightweight and have excellent insulation properties and impressive strength. They could be used for platen press insulation as they offer the advantage of cost efficiency. High strength-grade calcium silicate insulation boards could be used to protect refractory bricks against thermal spalling and at extremely high temperatures.
Companies to Find Financially Rewarding Growth Opportunities in Building and Construction
The report offers exhaustive analysis of the market growth and important aspects of the business of key players in the global calcium silicate insulation boards market. Some of the leading players covered in the report are Etex Group, Skamol, A&A Material, Shandong Lutai, NICHIAS, Guangdong Soben Green, Wellpool, Sanle Group, Ramco Hilux, Zhejiang Hailong, Taisyou, Jinqiang, Guangdong New Element, Yichang Hongyang Group, Ningbo Yihe Green Board, KingTec Materials, and CNUE. In September 2019, Belgian building materials specialist, Etex reported its half year 2019 results. According to the company, its Building Performance division helped to significantly increase REBITDA by 17.3% and revenue by 6.7% in the first half of 2019.
By Product Type
● Low Density Type
● Medium Density Type
● High Density Type
By Application
● Industrial Applications
● Commercial and Residential Buildings
On the basis of product type, the global calcium silicate insulation boards market is segmented into high density type, medium density type, and low density type. Calcium silicate insulation boards are used in commercial and residential buildings and different industrial applications. According to market experts, commercial and residential buildings are predicted to achieve a significant share of the global calcium silicate insulation boards market. Calcium silicate insulation boards are used in the construction of exterior and interior walls, ceilings, and partition walls and also in home decoration applications.
By Region
In terms of production, China is anticipated to secure a leading share of the global calcium silicate insulation boards market during the forecast period. The country is also expected to account for a substantial share of the global calcium silicate insulation boards market on the basis of consumption. According to analysts, Europe could trail China in terms of market share in the coming years. Regions with quick economic growth could create strong demand for calcium silicate insulation boards in the next few years. Regions with large population growth supporting the rise of the building and construction industry could also witness remarkable increase in the demand for calcium silicate insulation boards.
The chemicals and materials sector has been witnessing an exponential rise in the past few years. The industrial boom and infrastructural growth across the globe has had a positive impact on the chemical and materials industry. Chemicals are an integral part of many industries, which, over the years, have created lucrative opportunities for players. Similarly, materials are an indispensable part of myriad industries. The rise of the chemicals and materials sector has been mapped by QYR Consulting through exhaustive research reports.
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