$152.3 Million Worldwide Active Calcium Silicate Global Market to 2027 - Impact of COVID-19 on the Market - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jul 13, 2021--
The “Active Calcium Silicate - Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Amid the COVID-19 crisis, the global market for Active Calcium Silicate, estimated at US$152.3 Million in the year 2020, is projected to reach a revised size of US$212.9 Million by 2027, growing at a CAGR of 4.9% over the analysis period 2020-2027.
Insulation, one of the segments analyzed in the report, is projected to record a 5.2% CAGR and reach US$63.9 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Paints & Coatings segment is readjusted to a revised 4.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $41.1 Million, While China is Forecast to Grow at 7.9% CAGR
The Active Calcium Silicate market in the U.S. is estimated at US$41.1 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$45 Million by the year 2027 trailing a CAGR of 7.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 3.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.
Fire Protection Segment to Record 5.5% CAGR
In the global Fire Protection segment, USA, Canada, Japan, China and Europe will drive the 5.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$18.4 Million in the year 2020 will reach a projected size of US$26.1 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$28.7 Million by the year 2027, while Latin America will expand at a 5.9% CAGR through the analysis period.
Select Competitors (Total 43 Featured):
- 2K Technologies
- ACC Limited
- American Elements Corporation
- Anglitemp Limited
- Bee Chems
- BIP Chemicals
- Bornder Fire-proof Board Company Ltd.
- Corning, Inc.
- GrafTech International Holdings, Inc.
- HIL Limited
- Imerys Filtration Minerals Inc.
- Johns Manville Corporation
- Krishna Udyog
- Kyocera Corp.
- Megha Insulations Pvt Ltd.
- MLA Group of Companies
- Murata Manufacturing Co., Ltd.
- Promat International NV
- R.K. Oil Industries Pvt. Ltd.
- Ramco Industries Ltd.
- Rath Inc.
- Skamol Group
- Soben Board Group
- Suzhou CMT Engineering Company Limited
- Tai`an Shuoyun Chemical Co., Ltd
- Tirupati Industries
- Vinzai Chemical Industries Pvt. Ltd.
- Weifang Hong Yuan Chemical Co., Ltd.
- Weifang Hongxin Chemical Co. Ltd.
- WhitChem Limited
- Xella Group
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
- UNITED STATES
- UNITED KINGDOM
- REST OF EUROPE
- SOUTH KOREA
- REST OF ASIA-PACIFIC
- LATIN AMERICA
- REST OF LATIN AMERICA
- MIDDLE EAST
- SAUDI ARABIA
- UNITED ARAB EMIRATES
- REST OF MIDDLE EAST
For more information about this report visit https://www.researchandmarkets.com/r/141plv
View source version on businesswire.com:https://www.businesswire.com/news/home/20210713005988/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: CHEMICALS/PLASTICS NATURAL RESOURCES MANUFACTURING MINING/MINERALS
SOURCE: Research and Markets
Copyright Business Wire 2021.
PUB: 07/13/2021 12:38 PM/DISC: 07/13/2021 12:38 PM