Calcium Silicate Board Market

Calcium Silicate Board Market Outlook (2024 to 2034)

Worldwide sales of carbon silicate boards are projected to reach US$ 1.39 billion by the end of 2034, ascending from US$ 919.3 million in 2024. The global carbon silicate board market size has been evaluated to expand at a CAGR of 4.2% through 2034. The construction industry's increasing focus on energy efficiency, fire safety, and sustainable building practices is a key factor driving demand growth for calcium silicate boards.

Exceptional thermal insulation properties of calcium silicate boards make them instrumental in reducing energy consumption and carbon footprints of buildings by aligning with global efforts to mitigate climate change. Their non-combustible nature and superior fire resistance have positioned them as a crucial component in passive fire protection systems by ensuring enhanced safety for occupants and structures alike.

As urbanization and infrastructure development continue to grow worldwide, demand for calcium silicate boards is projected to rise steadily in developing countries with stringent building codes and regulations. Market growth is being led by technological advancements that enhance the boards' performance, durability, and ease of installation.

With their versatility and ability to cater to diverse applications, calcium silicate boards are poised to capture a significant share of the global construction materials market by 2034. Calcium silicate board manufacturing is increasing in tandem with the demand for building insulation materials, pipeline thermal insulation materials, and fire-resistant glass production.

Report Attribute	Detail
Carbon Silicate Board Market Size (2024E)	US$ 919.3 Million
Projected Market Value (2034F)	US$ 1.39 Billion
Global Market Growth Rate (2024 to 2034)	4.2% CAGR
China Market Value (2034F)	US$ 198.2 Million
Canada Market Growth Rate (2024 to 2034)	3.3% CAGR
North America Market Share (2024E)	19.2%
East Asia Market Value (2034F)	US$ 348.7 Million
Key Companies Profiled	A & A Material Corporation; BNZ Materials; Calderys; Calsitherm; ETEX Group; Japanese Insulation Co. Ltd.; Johns Manville; Kingtec Materials.

What Makes Calcium Silicate Boards Preferred Material in Construction?

“Superior Thermal Insulation of Calcium Silicate Boards Contributing to Energy Efficiency”

Demand for calcium silicate boards is increasing due to their excellent thermal insulation, fire resistance, and moisture resistance properties. As energy efficiency and fire safety regulations become more stringent across residential, commercial, and industrial construction sectors, calcium silicate boards are emerging as a preferred building material. Their ability to effectively insulate buildings helps reduce energy consumption for heating and cooling lowering utility costs and environmental impact.

Their non-combustible nature and high fire rating make calcium silicate boards an invaluable component in passive fire protection systems, safeguarding structures and occupants. Growing urbanization and infrastructure development worldwide are contributing to calcium silicate board market growth fueled by their superior performance characteristics and compliance with stringent building codes.

Why are Calcium Silicate Boards Not as Cost-effective as Alternatives Like Gypsum?

“High Production Cost and Fluctuations in Raw Material Availability”

Despite the rising demand for calcium silicate boards, several factors are restraining the market’s growth potential. High production costs associated with these boards can make them less economically viable compared to alternative materials such as gypsum or fiber cement boards, particularly in price-sensitive markets. The availability and cost of raw materials such as cement, silica, and calcium sources can fluctuate by affecting the overall manufacturing expenses.

Stringent regulations surrounding the handling and disposal of hazardous materials used in the production process can pose logistical and financial burdens for manufacturers, thus acting as a roadblock to the expansion of the calcium silicate board market size.

Another restraint is the lack of awareness and adoption of calcium silicate boards in certain regions such as in developing countries where traditional building materials still dominate the construction industry. Overcoming these challenges through technological advancements, cost optimization strategies, and increased market education is crucial for the calcium silicate board market to achieve its full growth potential.

Country-Wise Insights

Fact.MR, a market research and competitive intelligence provider, through its updated report analysis, asserts that East Asia is projected to hold 25.1% of the global market share by 2034. Carbon silicate board manufacturers have expanded into several global regions including Southeast Asia, Central and South America, Eastern Europe, Western Europe, and Australia.

How is the Construction Industry Driving Calcium Silicate Board Sales in the United States?

“High Demand for Fire-resistant and Energy-Efficient Materials”

Attribute	United States
Market Value (2024E)	US$ 128.9 Million
Growth Rate (2024 to 2034)	3.7% CAGR
Projected Value (2034F)	US$ 185.3 Million

As urban development and infrastructure projects continue in the United States, the need for high-performance, fire-resistant, and energy-efficient building materials is rising. Calcium silicate boards excel in meeting these requirements making them an attractive choice for both residential and commercial construction projects. Their excellent thermal insulation properties contribute to energy savings and sustainability goals by aligning with the growing emphasis on green building practices.

Stringent fire safety regulations in the United States have further led to the adoption of calcium silicate boards as they offer superior fire protection compared to traditional materials. With the construction industry prioritizing safety, energy efficiency, and cost-effectiveness, calcium silicate boards have emerged as a versatile solution, leading to a steady rise in their demand across the United States.

How are Government Initiatives in China Contributing to Market Growth?

“Growing Emphasis on Green Building Practices Driving Calcium Silicate Board Sales”

Attribute	China
Market Value (2024E)	US$ 119.5 Million
Growth Rate (2024 to 2034)	5.2% CAGR
Projected Value (2034F)	US$ 198.2 Million

As the world's largest construction market, China's increased urbanization and infrastructure development and focus on sustainable building practices have boosted demand for high-performance construction materials such as calcium silicate boards. Exceptional thermal insulation, fire resistance, and durability of these boards make them ideal for China's stringent building codes and energy-efficiency standards. The Chinese government's emphasis on promoting green buildings and reducing carbon emissions has further fueled the adoption of calcium silicate boards which contribute to energy savings and environmental sustainability.

With a vast number of ongoing and planned construction projects, ranging from residential complexes to commercial buildings and industrial facilities, the potential for calcium silicate board usage in China is immense. Along with the country's manufacturing expertise and cost-competitive production capabilities, the Chinese calcium silicate board market presents a highly rewarding opportunity for both domestic and international players.

Category-wise Insights

The chimney segment is evaluated to occupy a leading calcium silicate board market share of 59.1% by 2034.

What Advantages of 2,400 x 1,220 mm Calcium Silicate Boards Suit Modular Design Principles?

“2,400 x 1,220 mm Boards Allow Efficient Material Usage and Faster Installation Times”

Attribute	2,400 x 1,220 mm
Segment Value (2024E)	US$ 57.9 Million
Growth Rate (2024 to 2034)	4.2% CAGR
Projected Value (2034F)	US$ 87.4 Million

Demand for 2,400 x 1,220 mm board size is gaining traction due to its versatility and compatibility with standard construction practices. This particular dimension aligns well with the modular design principles widely adopted in modern building projects allowing for efficient material usage and minimizing waste. The larger surface area of these 2,400 x 1,220 mm boards translates to faster installation times, reducing labor costs and expediting project timelines.

Increasing calcium silicate board market trend towards prefabricated construction methods has boosted the demand for this board size, as it seamlessly integrates with offsite manufacturing processes. The 2,400 x 1,220 mm boards offer enhanced stability and strength, making them suitable for applications that require superior load-bearing capabilities or span longer distances. As construction techniques continue to evolve and prioritize efficiency, sustainability, and cost-effectiveness, sales of 2,400 x 1,220 calcium silicate boards are projected to rise, catering to the evolving needs of the industry.

What Makes Calcium Silicate Boards Suitable for Lining Chimneys in Modern Buildings?

“Calcium Silicate Boards Facilitate Exceptional Fire Resistance and Thermal Insulation Features”

Attribute	Chimneys
Segment Value (2024E)	US$ 540.5 Million
Growth Rate (2024 to 2034)	4.2% CAGR
Projected Value (2034F)	US$ 815.6 Million

Calcium silicate boards' exceptional fire resistance, thermal insulation, and durability make them an ideal choice for lining chimneys and flue systems. These properties ensure the safe and efficient operation of chimneys by preventing heat transfer to surrounding structures and minimizing the risk of fire hazards. As residential and commercial buildings increasingly adopt fireplaces, wood-burning stoves, and other heating appliances that require chimneys, demand for calcium silicate boards is evaluated to rise at a moderate pace.

Stringent building codes and regulations governing chimney construction have further led to the use of these boards, ensuring compliance with safety standards. With their ability to withstand extreme temperatures and protect against corrosion, calcium silicate boards provide a reliable and long-lasting solution for chimney applications, cementing their position as the leading market segment in this diverse and growing industry.

Competitive Landscape

Key players in the calcium silicate board market are leveraging their strong production capabilities, extensive distribution networks, and innovative product development. Amidst intense competition, these market participants are directing their strategies toward delivering high-quality products, competitive pricing, and outstanding customer service.

• 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.

Fact.MR provides detailed information about the price points of key producers of calcium silicate boards positioned across the world, sales growth, and speculative technological expansion in this updated report.

Key Segments of Calcium Silicate Board Size Market Research

• By Board Size :

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

• By Application :

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

• By End Use :

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

• By Region :

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa