Calcium Silicate Board Market is expected to flourish at a 4.2% CAGR, Achieving a Market Size of $1.39 Billion by 2034

Calcium Silicate Boards Used to Effortlessly Adapt to Exterior and Interior Wall Cladding to Create Robust Fire-Rated Partitions: Fact.MR Report

ROCKVILLE, Md., July 24, 2024 /PRNewswire/ -- The global Calcium Silicate Board Market is poised to reach a worth of US$ 919.3 million in 2024. According to a recently updated research report by Fact.MR, the market is forecasted to expand at 4.2% CAGR from 2024 to 2034. Increasing demand for energy-efficient and fire-resistant building materials due to stringent building codes is benefitting calcium silicate board manufacturers across the world.

Calcium silicate boards are versatile construction products that offer excellent thermal insulation properties, making them an ideal choice for various applications such as exterior and interior wall cladding, fire-rated partitions, and insulation systems in residential, commercial, and industrial buildings. These boards are made from a combination of calcium silicate and reinforcing fibers resulting in a lightweight, durable, and rigid material that can withstand high temperatures and provide effective fire protection.

Growing demand for prefabricated and modular construction methods is contributing to the expansion of the calcium silicate board market size. As the construction industry continues to prioritize energy-efficient, fire-resistant, and eco-friendly materials, the calcium silicate board market is expected to witness moderate growth during the forecasted period.

For More Insights into the Market, Request a Sample of this Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=5207 

Key Takeaways from the Calcium Silicate Board Market Study:

• The global calcium silicate board market is forecasted to reach a value of US$ 1.39 billion by 2034.
• The North American market is forecasted to expand at 3.6% CAGR from 2024 to 2034.
• East Asia is calculated to account for 25.1% of the global market share by 2034-end.
• Sales of calcium silicate boards in Japan are forecasted to rise at 4.6% CAGR from 2024 to 2034.
• Sales of 2,400 x 1,220 mm boards are forecasted to reach US$ 87.9 million by 2034.
• Demand for calcium silicate boards in Canada is projected to increase at 3.3% CAGR through 2034.

"The construction industry is increasingly adopting calcium silicate boards because of their excellent thermal insulation properties and fire resistance. Continuous improvements in manufacturing technologies are enhancing the performance, durability, and ease of installation of calcium silicate boards," says a Fact.MR analyst.

Leading Players Driving Innovation in the Calcium Silicate Boards Market 

The key players in the calcium silicate boards industry are A & A Material Corporation; BNZ Materials; Calderys; Calsitherm; ETEX Group; Japanese Insulation Co. Ltd.; Johns Manville; Kingtec Materials. 

Indispensable Role of Calcium Silicate Boards in Chimney Construction 

Calcium silicate boards find significant application in the construction of chimneys and flue linings due to their excellent heat resistance and insulation properties. These boards are engineered to withstand extreme temperatures, which makes them an ideal choice for lining chimneys and protecting the surrounding structures from heat damage.

Increased urbanization in developing countries such as China and India is fueling the need for chimneys and flue systems, thus driving sales of calcium silicate boards. The exceptional thermal performance and durability of these boards have made them a preferred choice for chimney production.

Calcium Silicate Board Industry News:

• In 2022, Ramco Industries launched a new production facility in Arakkonam, India. The company boasts a production capacity of 11.5 million square meters for its calcium silicate board and tiles range, which are currently available in over 15 countries. This move will allow the company to expand its market reach to over 40 countries worldwide.

Get Customization on this Report for Specific Research Solutions: https://www.factmr.com/connectus/sample?flag=RC&rep_id=5207 

Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Board Size:

• 1,000 X 500 mm
• 1,200 x 2,500 mm
• 2,400 x 1,220 mm

Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application:

• Climate Boards
• Pipe Sections
• Equipment Insulations
• Fire Protection
• Chimneys

Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by End Use:

• Petrochemicals
• Furnaces
• Steel
• Glass
• Aluminum
• Cement
• Marine
• Building & Construction

More Valuable Insights:

Fact.MR, in its new offering, presents an unbiased analysis of the calcium silicate board market for 2019 to 2023 and forecasts market statistics for 2024 to 2034.

The study divulges essential insights into the market based on calcium silicate board market by board size (1,000 X 500 mm, 1,200 x 2,500 mm, 2,400 x 1,220 mm), application (climate boards, pipe sections, equipment insulations, fire protection, chimneys), and end use (petrochemical, furnaces, steel, glass industry, aluminum, cement, marine, building & construction), across seven major regions of the world (North America, Latin America, Eastern Europe, Western Europe, East Asia, South Asia & Pacific, and MEA).

Check out More Related Studies Published by Fact.MR:

Fermentation Chemical Market is forecasted to expand at a CAGR of 5.2% to climb to a value of US$ 140.1 billion by the end of 2034.

Sodium Propionate Market is forecasted to expand at 3.9% CAGR to increase to a size of US$ 247.1 million by the end of 2034.

Nickel Acetate Market is set to reach a valuation of US$ 57.5 million in 2024 and further expand at a CAGR of 4.1% to end up at US$ 85.9 million by 2034.

Building Insulation Material Market is forecasted to increase at 6.7% CAGR and reach a market value of US$ 71.85 billion by 2034.

Active Insulation Market is forecasted to exhibit expansion at 5.8% CAGR and is predicted to reach a market value of US$ 528.9 million by 2033.

Fire Resistant Glass Market is foreseen to increase at a CAGR of 10% and reach US$ 16.26 billion by 2033.

Calcium Formate Market is expected to attain a valuation of $804.7 million by 2033, growing at 4.2% CAGR over the next ten years.

High Silica Fiber Market is expected to grow at a CAGR of 9.9% to reach US$ 3.6 billion by the end of 2033.

Sodium Formate Market is projected to accelerate at a CAGR of 5.7% and reach a market size of US$ 505 million by 2033.

About Us:

Fact.MR is a distinguished market research company renowned for its comprehensive market reports and invaluable business insights. As a prominent player in business intelligence, we deliver deep analysis, uncovering market trends, growth paths, and competitive landscapes. Renowned for its commitment to accuracy and reliability, we empower businesses with crucial data and strategic recommendations, facilitating informed decision-making and enhancing market positioning.

With its unwavering dedication to providing reliable market intelligence, FACT.MR continues to assist companies in navigating dynamic market challenges with confidence and achieving long-term success. With a global presence and a team of experienced analysts, FACT.MR ensures its clients receive actionable insights to capitalize on emerging opportunities and stay competitive. 

Contact:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Sales Team: [email protected] 
Follow Us: LinkedIn | Twitter | Blog

SOURCE Fact.MR

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED