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Global Market Insights Inc. announces an ongoing comprehensive report on the “Calcium Silicate Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, Japan, China, India, South Korea, Malaysia, Brazil, Argentina, South Africa, Saudi Arabia, UAE), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025”. This report provides an exhaustive account of the industry including:• Calcium silicate market size, historical from 2014 to 2018 and annual forecast from 2019 to 2025
• Major calcium silicate industry trends, technology evolution, economic indicators and business challenges
• Regulatory and geopolitical trends impacting the industry
• Business drivers and pitfalls impacting key regional markets
• Competitive landscape of the industry and detailed profiles on the major companies
Get Table of Contents (ToC) of this research report @ https://www.gminsights.com/request-toc/upcoming/4161
Owing to rapid industrialization worldwide, there has been a surge in construction of chemical manufacturing facilities and refineries which has reinforced calcium silicate market outlook from insulating applications. Calcium silicate insulation is suited for high-temperature equipment and pipe infrastructures, such as in an oil refinery or at steam electric power generation plants.
The substance boasts of extreme robustness and is non-combustible, boosting its adoption across a wide range of industrial units. Consistent rise in global economy and incessant demand for chemicals, petroleum products and electricity will fuel calcium silicate market size.
Widespread adoption of calcium silicate in construction was stimulated by the considerable risks involved in asbestos-based materials, which were used commonly across the global decades ago. Nearly 90,000 deaths occur every year due to asbestos-related diseases, while around 125 million people are exposed to various risks during regular work, as most industrial facilities still consist some amount of the hazardous material. Construction of new facilities and overhauling older plants will offer considerable growth prospects to calcium silicate market from use as a non-toxic building material.
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Middle East and Africa (MEA) will emerge as a promising regional market for construction materials, pharmaceuticals and processed food products. A rising population base and consistently growing disposable incomes in Saudi Arabia and UAE will drive calcium silicate market trends in the region.
Reportedly, the population in Saudi Arabia is estimated to surpass 36.84 million by 2025, a nearly 5 million increase over 2015 numbers, suggesting tremendous demand for calcium silicate from pharmaceutical and food & beverage applications over the projected timeframe. Steady expansion of retail sector in the region will facilitate the growth of local and global food & beverage sectors, strengthening the demand for calcium silicate for food additives.
Some of the companies mentioned in the report include Mil-Spec Industries, Chaitanya Chemicals, Thermal Ceramics, American Elements, Industrial Insulation Group, Pyrotek and Spectrum Chemical Manufacturing. Players can be expected to seek mergers and joint venture agreements to expand global reach and enhance their product portfolio.
Browse complete summary of this research report @ https://www.gminsights.com/industry-analysis/calcium-silicate-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Info:
Name: Arun Hegde
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Organization: Global Market Insights, Inc.
Address: 4 North Main Street
Phone: 3028467766
Website: https://www.gminsights.com/industry-analysis/calcium-silicate-market
Release ID: 88906410
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