Home > Polymers, Specialty Chemicals & Advanced Materials > Calcium Aluminosilicate Market
Calcium aluminosilicate market value is projected to expand appreciably over 2023-2032, with the growing food consumption supported by the ever-increasing global population. The product serves as an excellent food preservative, propelling its adoption in packaged foods. In addition, calcium aluminosilicate finds extensive applications in other verticals, including cosmetics, pharmaceuticals, the construction sector, animal feed, etc., which will accelerate the market growth over the subsequent years.
The Ukraine-Russia war has also severely impacted people's lives and livelihoods and represents far-reaching disruptions in trade dynamics in the calcium aluminosilicate sector. The major disturbance caused by the war, such as a halt in raw material supply, is expected to impact the market progress.
Calcium aluminosilicate is a naturally occurring silicate clay that absorbs toxins associated with aflatoxin-contaminated feed and is known to minimize the bioavailability of toxins in the gastrointestinal tract (GI). The commercial application of calcium aluminosilicate for making absorbent liquids and gases across various industrial procedures is expected to drive calcium aluminosilicate market growth to a greater extent.
The growing consumption of dairy products worldwide will also complement the business growth as the product is an important preservative agent. Americans consumed more dairy products than ever in 2021, according to new data from the USDA Economic Research Service (ERS). The average American consumed 667 pounds of dairy on a milkfat basis in 2021. Among the products showing strong growth are American-type cheese (up 0.5 pounds), yogurt (up 0.7 pounds), and butter (up 0.2 pounds). Yogurt consumption increased the most in a decade, and American-type cheese consumption witnessed the second biggest increase over the past 20 years.
Based on product type, the pharmaceutical segment will exhibit considerable growth over the forecast period as calcium aluminosilicate finds an important application in allopathic and veterinarian medicines. It is bentonite that absorbs large amounts of protein molecules from aqueous solutions. This helps regulate the GI tract's inflammatory response and decreases bacterial mucolysis in animals.
Asia Pacific calcium aluminosilicate market is anticipated to record a substantial growth rate over the analysis timeframe of 2023-2032, with the growing food demand driven by the rising population in the region. The growing consumption of packaged food in the continent due to the changing lifestyle patterns and increasing disposable income instills the demand for food preservatives. This will offer lucrative growth prospects for the market in the region over the upcoming years.
North America calcium aluminosilicate market is expected to witness strong growth by the end of 2032, due to the growing construction industry coupled with the ongoing infrastructure development activities in the region. Government bodies across various regional countries are making hefty investments in infrastructure development which will create significant growth opportunities for the market.
The calcium aluminosilicate market key companies include E. Merck KG, MLA Group of Industries, A & Z food additives, Mitsui, Novacure Nutriscience, and Milwhite. These companies are involved in new product launches, strategic initiatives such as mergers & acquisitions, and collaboration to gain a strong foothold in the market.