Calcium Aluminosilicate Global Market Report 2024

The calcium aluminosilicate market size has grown strongly in recent years. It will grow from $3.74 billion in 2023 to $3.94 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The growth observed in the historical period can be ascribed to several factors, including heightened demand for infrastructure, housing, and commercial spaces. Additionally, the demand for calcium aluminosilicate has often paralleled industrial expansion. Furthermore, regulations promoting sustainable construction practices, the availability of raw materials, growing awareness regarding sustainability and environmental conservation, and geological discoveries have also played significant roles.

The calcium aluminosilicate market size is expected to see strong growth in the next few years. It will grow to $4.89 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to various factors such as the increased concentration of populations in urban areas, the resilience of supply chains, and a growing awareness of the environmental impacts of construction activities. Moreover, innovation in construction techniques and the process of urbanization are contributing factors. Notable trends anticipated in the forecast period encompass infrastructure development projects, a transition towards lightweight and high-strength materials, emerging applications, initiatives addressing climate change, adherence to health and safety regulations, and ongoing research and development efforts for advanced applications.

The calcium aluminosilicate market is poised for growth, propelled by the expansion of the chemical industry. This expansion is driven by increasing demand for various products such as fertilizers, plastics, pharmaceuticals, and specialty chemicals across multiple sectors. Calcium aluminosilicate finds applications as a filler, flux, or reinforcing agent in materials such as ceramics, cement, and glass, enhancing their strength and thermal stability. For instance, BASF SE, a Germany-based chemical company, forecasts a 2% growth in global chemical production (excluding pharmaceuticals) in 2023, indicating a positive trajectory for the calcium aluminosilicate market.

Furthermore, the growing demand for fertilizers is expected to further boost the calcium aluminosilicate market. Fertilizers play a vital role in providing essential nutrients for plant growth and improving crop yields. Factors driving this demand include the increasing global population, agricultural intensification, and soil fertility depletion. Calcium aluminosilicate is utilized in fertilizers to enhance soil structure, nutrient retention, and plant growth by gradually releasing essential minerals. Statistics Canada reported a significant surge in fertilizer sales in May 2023, reaching a record monthly high of $1.8 billion, indicating a rising trend in fertilizer demand and subsequently, the calcium aluminosilicate market.

In November 2021, Cementos Molins, a Spain-based cement manufacturer, acquired Calucem to strengthen its position in the premium cement market. This acquisition aims to expand Cementos Molins' product range and access new markets requiring specialized cement solutions, leveraging Calucem's expertise in calcium aluminate cement production. Calucem, a Spain-based cement producer, specializes in manufacturing and distributing calcium aluminate cement, enhancing Cementos Molins' capabilities in serving diverse customer needs.

Major companies operating in the calcium aluminosilicate market are Toray Industries Inc., Mitsui Chemicals Inc., Imerys S.A., Zeochem AG, Astrra chemicals, MLA Group of Industries, Ashok Mineral Enterprises, Nikunj chemicals, A B Enterprises, Amgeen Minerals, Bhavani Chemicals, Industrial Furnace & Controls, Rockchem Products, Kutch Chemical Industries Ltd, Salient Pharmaceuticals, Daksha Energy, Oracle Chemicals Pvt Ltd, R K Polmers, Research Lab Fine Chem Industries, Vizag Chemicals.

Asia-Pacific was the largest region in the calcium aluminosilicate market in 2023. The regions covered in the calcium aluminosilicate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the calcium aluminosilicate market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Calcium aluminosilicate, a mineral compound comprising calcium, aluminum, silicon, and oxygen, is commonly present in minerals such as feldspar and zeolites. It serves as a binding agent in ceramics and cements, enhancing their strength and durability through the formation of robust bonds.

Different grades of calcium aluminosilicate exist, including cosmetics, pharmaceutical, industrial, and food grades. Cosmetics grade denotes materials meeting safety and purity standards suitable for personal care and beauty products. Its functions encompass adsorption, ion exchange, anti-caking, stabilization, catalysis, among others, applicable across various sectors such as cosmetics, pharmaceuticals, veterinary, food, and manufacturing. Distribution channels include direct sales, distributors, and e-commerce.

The calcium aluminosilicate research report is one of a series of new reports that provides calcium aluminosilicate market statistics, including the calcium aluminosilicate industry's global market size, regional shares, competitors with a calcium aluminosilicate market share, detailed calcium aluminosilicate market segments, market trends and opportunities, and any further data you may need to thrive in the calcium aluminosilicate industry. This calcium aluminosilicate market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The calcium aluminosilicate market consists of sales of feldspar, zeolites, and calcium silicate hydrate. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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