Calcium Silicate Insulation Market - By Temperature (High temperature, Mid temperature), By Form (Blocks, Pipe sections, Curved segments, Sheets), By End-use (Metals, Industrial, Power generation, Petrochemical, Transport, Others) & Forecast 2023 – 2032

Calcium Silicate Insulation Market Size

Calcium Silicate Insulation Market was valued at USD 258.2 million in 2022 and is anticipated to register a CAGR of over 4.8% between 2023 and 2032. Calcium silicate insulation is widely used in various industries, including petrochemicals, cement, iron and steel, ceramics, aluminum, and glass. As these industries grow or evolve, the demand for calcium silicate insulation, which offers excellent thermal performance and durability, also increases.

The construction sector plays a significant role in driving the demand for insulation materials. Calcium silicate is used in various construction applications, including piping, walls, ceilings, and roofs, especially in commercial and industrial buildings. With increased construction activities and infrastructure development, the demand for insulation materials rises. Heating, ventilation, and air conditioning systems in residential, commercial, and industrial buildings are crucial for maintaining comfortable indoor environments. The need for better insulation to improve the efficiency of these systems contributes to the demand for materials like calcium silicate, which offer excellent thermal insulation properties.

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Calcium silicate insulation competes with various other insulation materials such as fiberglass, mineral wool, cellular glass, and foam-based insulations. These alternatives might offer similar or improved properties at a lower cost, affecting the market demand for calcium silicate. The production process of calcium silicate insulation involves raw materials and manufacturing methods that can be relatively costly. Fluctuations in raw material prices, energy costs, or other production expenses might influence the final market price, affecting its competitiveness.

COVID-19 Impact

The construction sector, a significant consumer of insulation materials, experienced slowdowns and, in some cases, complete halts in projects due to social distancing measures and economic uncertainties. This resulted in a decreased demand for insulation materials, including calcium silicate. Many planned or ongoing projects were postponed or delayed due to the uncertainty in the economic landscape. This delay impacted the demand for insulation materials in the short term.

Calcium Silicate Insulation Market Trends

Growing concerns about energy conservation and sustainability continue to drive the demand for energy-efficient insulation materials. Calcium silicate, known for its high-temperature resistance and energy-saving properties, remains a preferred choice in various industries.

The construction industry's expansion, particularly in emerging markets, has been a significant driver for the calcium silicate insulation industry. The material is extensively used in various construction applications, including commercial and industrial buildings, which contributed to the rising demand. The global market for calcium silicate insulation has witnessed expansion due to increased infrastructure development and urbanization in various parts of the world. Emerging economies, in particular, have been significant contributors to the market's growth.

Calcium Silicate Insulation Market Analysis

Based on temperature, the market is divided into High temperature and Mid temperature. The high temperature segment held the dominant market share of USD 167.8 million in 2022. For applications in the cement industry where extremely high temperatures are reached, calcium silicate insulation is applied in kilns and other high-heat areas. Within glass manufacturing facilities, where high temperatures are necessary, calcium silicate insulation is used in furnaces and equipment.

Based on form, the market is categorized into blocks, pipe sections, curved segments, sheets. Blocks accounted for over 40% market share in 2022 and is projected to grow through 2032. Blocks are often utilized in high-temperature applications such as furnaces and high-heat industrial equipment due to their ability to withstand extreme temperatures while providing insulation. Foundries and forges use blocks for insulation purposes, where high heat resistance is a requirement.

North America dominated the global calcium silicate insulation market in 2022. Within North America, the U.S. generated a revenue of over USD 38.7 million in 2022. Various industries in North America, including petrochemicals, steel, aluminum, glass, and cement, rely on calcium silicate insulation due to its high-temperature resistance and durability. The need for insulation in these sectors, particularly in equipment and industrial processes, drives the demand for calcium silicate. The construction industry in North America utilizes calcium silicate insulation for thermal insulation in commercial and industrial buildings.

Calcium Silicate Insulation Market Share

Major players operating in the calcium silicate insulation industry include

• Promat International
• Johns Manville
• Skamol
• Isolatek International
• L'ISOLANTE K-FLEX
• Etex Group (Formerly known as Eternit)
• NICHIAS Corporation

Promat and Johns Manville are dominant players in the calcium silicate insulation business due to their vast product portfolio. Promat’s ecosystem integration, along with consistent innovation, have attracted millions of customers. Their brand recognition and exclusive content deals solidify their leadership in the highly competitive market.

Calcium Silicate Insulation Industry News

• In November 2019, Johns Manville signed an agreement to acquire ITW Insulation system, a business owned by Illinois Tool Works, Inc. a well-known player in this segment.

The calcium silicate insulation market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue and volume (USD Million) (Kilo Tons) from 2018 to 2032, for the following segments

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Market, by temperature

• High temperature
• Mid temperature

Market, by form

• Blocks
• Pipe sections
• Curved segments
• Sheets

Market, by end-use

• Metals
• Industrial
• Power generation
• Petrochemical
• Transport
• Others

The above information is provided for the following regions and countries

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia       
  • Indonesia 
• Latin America
  • Brazil
  • Mexico
  • Argentina
• MEA
  • UAE
  • South Africa
  • Saudi Arabia