According to a new research report by the market research and strategy consulting firm, Global Market Insights, Inc, Calcium Aluminosilicate Market size may witness steady growth to 2025 on account of changing consumer preferences and increasing utilization in food & beverage industry as an additive & anticaking agent. It faces widespread industrial usage owing to its water absorbent property. It is commercially used to make absorbent for gases & liquids in several industrial procedures and as a food additive to absorb moisture in the products, thereby preventing it from caking. Growing concerns among customers towards healthy lifestyle and increasing preference for packaged food products are likely to drive calcium aluminosilicate market demand in the forecasted timeframe.
Calcium aluminosilicate is an aluminosilicate compound having calcium cations with a chemical formula as CaAl2Si2O8. It is a naturally occurring silicate clay used as plastic swelling clays and is highly colloidal. Calcium aluminosilicate is nutritionally and chemically inert in nature and absorbs large amount of protein particles from aqueous solutions. In animal reproductions, it regulates the inflammatory responses within gastrointestinal tract which decreases mucolytic bacteria. It is used in poultry to adsorb toxins linked with aflatoxin contaminated feed and it reduces the bioavailability of toxins in gastrointestinal tract in animals.
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CAS holds several applications in pharmaceuticals, food & beverage, manufacturing, cosmetics, and fertilizers industries. It assists in keeping chewing gums, milk and cream powder plain & smooth and avoid formation of solid blocks, caused by the presence of moisture while manufacturing. It finds applications in allopathic & veterinarian medicines and is used to treat intractable diarrhea in dogs undergoing chemotherapy. Calcium aluminosilicate is widely used in food & beverage industry as an additive on account of its anticaking property and as a preservative in dairy products to increase their shelf life, enable storage & trade, delay expiration date and maintenance of flavor. Global food & beverage market value is predicted to surpass USD 2.5 billion in the forecasted timeframe owing to rising consumer preference for premium product and changing lifestyle, which is likely to stimulate calcium aluminosilicate market demand.
Asia Pacific calcium aluminosilicate market demand led by China, India and Japan may see significant growth on account of ongoing economic development and growing population, which results in rising food need among consumers. The primary drivers of food preservative market is changing lifestyle and hectic work schedule, which is increasing the need of packed food and thereby generating requirement for preservatives. India is the second largest preservative market and its market value is predicted to surpass USD 3 billion by the forecasted time period, which is likely to stimulate market demand.
North America calcium aluminosilicate market size led by the U.S, Mexico and Canada may witness moderate growth during forecasted period owing to growing construction industry, together with substantial increase in cosmetics, fertilizers, food and other end-industries. It is essentially used in treating diarrhea and allied diseases in pets as well as humans, by absorption of contaminated liquid content from stomach. U.S. construction industry is amongst the fastest growing industries with yearly expenditures of around USD 230 billion and it contributed over USD 650 billion to U.S. economy in 2018. U.S. construction industry is predicted to rise over the forecasted period owing to technological advancements and a well-trained workforce, which should stimulate calcium aluminosilicate market size.
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Europe driven by France, Italy, UK, and Germany calcium aluminosilicate market size is predicted to rise on account of growing cosmetics industry. CAS is used in cosmetics industry to enhance side-effects of cosmetic product. Germany cosmetics market was valued at around USD 15 billion in 2016 and is likely to grow over the forecasted timeframe owing to the growing quest for beauty, which should further boost calcium aluminosilicate demand.
Calcium aluminosilicate has numerous side-effect such as nerve & kidney damage, bone diseases, allergy and neurotoxicity. Aluminosilicate is toxic in nature which associates it with Alzheimer’s disease and other potential diseases, it has absorption effect on blood resulting in iron scarcity in body and apparent hypertension indications, on account of psychological effect, on excessive intake. These side effects are likely to hamper calcium aluminosilicate market demand.
Global calcium aluminosilicate market share is fragmented and significantly competitive. The major players involved in market are MLA Group of Industries A & Z food additives, Merck Kgaa, Milwhite, Mitsui, Plastics, and Novacure Nutriscience. Companies are involved in new product launches, collaboration, mergers & acquisitions, and adopting new strategies such as competitive price, and premium product launches to implement competitive advantage over other competitors.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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