LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global calcium silicate market report. This research report also lists seven other prominent vendors that are expected to impact the market during the forecast period.
The global calcium silicate market is anticipated to grow at a CAGR of over 5%. The demand for acoustic insulation has arisen from various manufacturing industries to facilitate environmental-friendly operations. The global calcium silicate market is also witnessing emerging trends such as the adoption of doped calcium silicate ceramics for clinical applications. These ceramics have emerged as a novel class of candidates associated with bone defect treatment.
Competitive vendor landscape
According to the report, the global calcium silicate market is highly competitive. The increasing global focus on fire-protected buildings gives the players in the market sufficient scope to deploy strategies and penetrate untapped regions.
“The growth of the global calcium silicate market largely depends upon the reputation of the vendors in the market backed by the extent of product innovation. In addition, quality of calcium silicate acts as the base for companies looking for high-profit margins. The vendors operating also focus on manufacturing or developing calcium silicate products that find use in an array of applications,” says Kshama Upadhyay, a lead specialty chemicals research analyst from Technavio.
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Top five calcium silicate market vendors
Promat International engages in the production of a range of cementitious sprays, microporous and refractory materials, and other products. The company offers fire protection and insulation solutions for the renewable and conventional energy, automotive, oil and gas, railway, marine, aerospace, furnaces, and steel manufacturing industries.
Skamol engages in the development, production, and marketing of thermally insulating materials that find application in the heat-intensive industries and for passive fire protection. Several products of the company find application in the aluminum industry. They are also used in hearth and heating appliances, including gas-fired stoves, wood burning, night storage heaters, domestic boilers, and fireplaces.
American Elements engages in the production and marketing of advanced and engineered materials for universities, manufacturers, and the US and foreign national laboratories. The company offers a range of compounds, metals, and crystalline structures; metal parts and unique alloys; ultra-high purity forms of compounds and metals, meso, macro, and nanoscale powders; and complex single-phase doped structures.
Weifang Hongyuan Chemical
Weifang Hongyuan Chemical engages in the manufacture of calcium chloride within China. Some of the products offered by the company are calcium chloride, magnesium chloride, snow-melting agents, and bromine. The bromine series of the company includes calcium bromide, sodium bromate, magnesium bromide hexahydrate, zinc bromide, potassium bromide, and iron bromide.
Johns Manville engages in the production of mechanical and building insulation, glass fibers, commercial roofing, and nonwoven materials that find use in industrial, residential, and commercial applications. It offers home insulation products such as fiberglass, mineral wool, and form boards/ sheathing.
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