Calcium Silicate Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Calcium silicate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Calcium Silicate Price Trend for the Q1 of 2024

Asia

During the first quarter of 2024, the calcium silicate market encountered a number of challenges in China, such as subdued demand from downstream industries, notably impacted by the Lunar New Year holidays and weak momentum of the raw material sector. Throughout the quarter, the prices exhibited a declining trend as low temperatures in the region after the Spring Festival hampered construction activities and decreased the domestic demand for calcium silicate.

Calcium Silicate Price Chart

Calcium Silicate Price Trends


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Despite some support from infrastructure projects, the overall outlook of the market remained sluggish, contributing to a weak and deteriorating pricing pattern. Additionally, the expenditure budget of the consumers also contracted amid the rising pressure of inflation, and the fall in the Chinese Yuan over the North American Dollar further reduced consumer confidence and spending in this sector.

Europe

In European countries, the calcium silicate market witnessed a downturn, similar to what was observed in the Asian markets. During the first quarter, the market was primarily driven by bleak demand from the downstream industries. In Europe, reduced inquiries from downstream ceramics and construction sectors reflecting the ongoing economic challenges, dampened consumer confidence.

The downward trajectory was further fueled by the hesitancy of major drivers of the market in placing bulk orders amid financial constraints and economic uncertainty. Moreover, low import material costs contributed to reducing product costs. Further, the Ukraine crisis and delay in shipments due to the ongoing war between Israel and Hamas eventually restricted any growth potential of the market and thus resulted in the southward movement of the calcium silicate price trend.

North America

The US calcium silicate market mimicked the trend observed in the Asian and European countries. Initially, the trend was supported by the rise in investments in the construction sector, which drove up the demand for calcium silicate. However, as the quarter progressed, the prices began to slide due to the falling cost of feedstock materials and the dim outlook of end-user industries.

The contraction in the US economy and incline in the freight charges also proved to be a setback for the calcium silicate market. The situation was not very favorable in the raw materials market either, as they themselves struggled with subdued sales figures and a consistent decline in their pricing trajectory.

Analyst Insight

According to Procurement Resource, the price trend of Calcium Silicate is estimated to resume an uptrend in the forthcoming months as the limited production and escalating freight charges might work in favor of the calcium silicate market.

Calcium Silicate Price Trend for the October - December of 2023

Asia

In Asia, particularly in India, the construction sector bloomed under the initiatives launched by the government, which in turn extended some support to the calcium silicate price trend during the last quarter of 2023. However, in other Asian countries, the adverse weather conditions, abrupt rainfall in some areas, and drought-like situations concerned the whole industrial sector, and thus, despite some favors, the calcium silicate price trend in the fourth quarter faced many roadblocks.

Europe

In European countries, despite some relief in the demand for calcium silicate from the downstream, the market gave mixed signals in terms of calcium silicate price trend. The purchasing sentiments of the consumers still remained feeble throughout the fourth quarter of 2023, and along with this, the number of non-residential and civil engineering projects also showed only minimal movements. The German government propelled certain schemes to boost the demand for calcium silicate and other related chemicals, but it might take a little longer for the traders to reap the benefits of these initiatives.

North America

Continuing at its pace set by the previous quarters of 2023, the calcium silicate price graph in the fourth quarter, too, sent over mixed signals. There was a noticeable fall in the domestic and overseas demand for the product, which could not be compensated for by any number of strategic moves adopted by the trading sector. Further, the issues of drought in the Panama Canal and the double-digit percentage fall in the cost of crude oil caused distress to the American traders towards the end of this quarter.

Analyst Insight

According to Procurement Resource, the price trend of Calcium Silicate are estimated to be globally driven by the enhancements in the construction activities.

Calcium Silicate Price Trend for the July-September of 2023

Asia

After a positive run in the previous quarters, the calcium silicate price trend were rather regressive in the third quarter of the year 2023. Not only were the demands from the downstream consumption sectors tepid, but the raw material costs had also subsided, which further reduced the production cost support.

The primary customer section of the calcium silicate industry belongs to the construction businesses. And even though building development improved in the post-lockdown era, it was still far from the pre-COVID levels, especially in the Chinese domestic setup. Moreover, the slight market upliftment in the previous quarters gave suppliers the confidence to procure materials freely; as a result, the inventories got heavily stacked with unsold calcium silicate stocks; this situation further forced the suppliers to discount the calcium silicate prices in the discussed span to facilitate product movement. Overall, dull market sentiments were observed.

Europe

The European calcium silicate price index registered persistent fluctuations in the three months of Q3’23. In July, the calcium silicate price graph kept going down since the market behavior was still cold. However, the steadily easing inflationary pressure reflected in the slight upliftment in the construction sector in the middle of the quarter helped the market sentiments.

The sales dynamics started thawing, and some stability was witnessed in the regional calcium silicate prices in the middle of the quarter. However, the stability was short-lived as the excess inventory stocks again became dominant by the end of the Q3 in September’23. Overall, mixed market sentiments were observed.

North America

The North American market behavior for calcium silicate was almost identical to its European counterpart. After a slow start, a temporary price graph elevation in the middle gave some hope to the stakeholders. However, the end of Q3 replicated the beginning of the quarter as the price curve again shifted southwards post a short stable run.

Analyst Insight

According to Procurement Resource, Calcium Silicate prices will continue to waver in the coming quarters as well since the gloomy global economic situation makes the construction sector susceptible to sudden fluctuations.

Calcium Silicate Price Trend for the First Half of 2023

Asia

The first quarter of 2023 witnessed an inclining trajectory of calcium silicate prices as with the acceleration in the manufacturing sector of China, the market sentiments of calcium silicate also had a chance to grow. Additionally, the influx of new orders from domestic as well as overseas industries also helped in improving the trend of calcium silicate prices. In the second quarter, however, the trend followed a bearish tone on account of lower rates of procurement and stagnancy in the trading activities of the Asia Pacific region.

Europe

The European countries observed a declining trend in the prices of calcium silicate throughout the first and second quarters of 2023. The spike in inflation, interest, and overall cost of living hampered the spending appetite of the consumers and thus resulted in the southwards trajectory of calcium silicate prices. Along with this, the second quarter was further challenged by the steep fall in demand and exponentially rising level of inventories, which ultimately led to the fall in the prices of calcium silicate.

North America

The dull momentum of the construction and manufacturing sectors of North America proved to be an obstacle to the growth of calcium silicate prices. The demand also remained at the lower end because of the hike in interest rates charged by the government in order to maintain the economy of the region. In addition to this, in the second quarter, there was a steep fall in the number of inquiries from the international markets, and then the failure of two major US banks further accelerated the downfall of the prices of calcium silicate.

Analyst Insight

According to Procurement Resource, the price trend of Calcium silicate is expected to decline in the upcoming quarter as the interest of end-user sectors does not seem to be improving.

Procurement Resource provides latest prices of Calcium Silicate. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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About

Calcium silicate possesses excellent thermal and fire-resistant abilities and thus is popularly used in construction activities. In high-temperature conditions, it acts as an insulator and thus is utilized in the production of fireproof materials. In addition to this, the compound also functions as a mold release agent, an anti-caking material in the food industry, and as an additive in the cement sector.

Product Details

Report Features Details
Product Name Calcium Silicate
Chemical formula CaSiO3
Industrial Uses Building materials, Pharmaceuticals, Personal care products
CAS Number 10101-39-0
Molecular weight 172.24 g/mol
HS Code 2839
Supplier Database American Elements, Spectrum Chemical Manufacturing, Associated Ceramics and Technology, Promat International NV, Shandong Lutai Building Material Science
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production Processes

Silicon oxide is a mild acid, while calcium oxide forms a basic solution when dissolved in water. Therefore, this neutralization reaction of an acid and a base at around 1100 °C results in the formation of calcium silicate as the end product.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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