China Calcium Silicate Industry 2016 : Market Growth And Forecast Report By Radiant Insights,Inc
RadiantInsights.com has announced the addition of “Global China Calcium Silicate Industry Trends, Growth And Forecast Report Up To 2016 : Radiant Insights, Inc” Market Research Report to their Database.
San Francisco, United States – June 30, 2016 /MarketersMedia/ —
Calcium silicate is a compound obtained by mixing silicon and calcium. ‘Cal-Sil’, a proprietary brand name, is its most commonly-used industrial form. The China calcium silicate industry is anticipated to attain lucrative growth owing to various wide-ranging applications across industries.
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Calcium silicate is added to commercial table salt as an anti-caking agent. It can absorb about 250% of its own weight in water. Betite, a form of calcium silicate is found in cement. It is also used in passive fire protection and as an antacid in over-the-counter medications. It is a component of plastics and also acts as an emulsifier in paint. It is considered to be safer than asbestos, hence is incorporated in fireproof insulation.
Prominent global companies are shifting their manufacturing operations to China in order to derive benefits arising from cheap raw materials and labor. The Chinese market is expected to be the chief growth driver of the Asia Pacific region in the global calcium silicate industry.
This may be attributed to robust growth in the Chinese construction industry. Rapid urbanization, burgeoning population, and escalating disposable incomes are fueling the construction boom in China. They are also favoring growth of the other end-user industries of calcium silicate. However, fluctuating supply and prices of raw materials could pose a challenge to market growth.
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Food & beverage is one of the leading end-users of calcium silicate in China. The compound is added to cheese, canned products, and fat-based deserts. This consumer segment is bound to grow on account of calcium silicate’s approval by regulatory authorities like FAO (Food & Agriculture Organization) and WHO (World Health Organization) to.
The OSHA (Occupational Safety & Health Administration) finds no proven serious health effects resulting from industrial exposure to this compound. This will augment demand from various industries.
The China Calcium Silicate Industry is greatly fragmented. It is characterized by stiff competition on the basis of product price. Joint ventures and agreements are often practiced to further market capitalization.
Some of the key players include BNZ Materials, Etex Group, Ramco Hilux, KingTec Materials, Yichang Hongyang Group, Johns Manville, NICHIAS, Jinqiang, Wellpool, Taisyou, and A&A Material. Companies like Shandong Lutai, Guangdong Soben Green, Sanle Group, Guangdong Newelement, and Ningbo Yihe Green Board are also established vendors.
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About Radiant Insights,Inc
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
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