The U.S.
Liquid Sodium Silicate Market report
discusses the primary market growth drivers and challenges that the vendors and
the market as a whole face and provides an overview of the key trends emerging
in the market. It also talks about the market size of different segments and
their growth aspects along with key leading countries in Americas,
Asia-Pacific, Europe, the Middle East, and Africa regions.
The U.S.
liquid sodium silicate (LSS) market is expected to value at USD 657.9 million
by 2024. The market is subject to witness a substantial growth due to the
increasing adoption of liquid sodium silicate (LSS) as an adhesive in pulp and
paper, and cement industry. Application of liquid sodium silicate (LSS) include
for production of elastomers as a reinforcing filler and an adhesive in pulp
and paper industry. These factors are expected to drive the growth of liquid
sodium silicate (LSS) industry over the forecast period. Furthermore, the U.S.
liquid sodium silicate market is predicted to grow at CAGR of 4.0% in the
forecast period, providing numerous opportunities for market players to invest
for research and development in the U.S. market.
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Some of the
major objectives of this report:
1. To provide
detailed analysis of the market structure along with forecast of the various
segments and sub-segments of the global U.S. Liquid Sodium Silicate Market.
2. To provide
insights about factors affecting the market growth. To analyze the U.S. Liquid
Sodium Silicate Market based on various factors- price analysis, supply chain
analysis, porter five force analysis etc.
3. To provide
historical and forecast revenue of the U.S. Liquid Sodium Silicate Market
segments and sub-segments with respect to four main geographies and their
countries- North America, Europe, Asia, and Rest of the World.
4. Country
level analysis of the market with respect to the current market size and future
prospective.
5. To provide
country level analysis of the market for segment by application, product type
and sub-segments.
6. To provide
strategic profiling of key players in the market, comprehensively analyzing
their core competencies, and drawing a competitive landscape for the market.
7. Track and
analyze competitive developments such as joint ventures, strategic alliances,
mergers and acquisitions, new product developments, and research and
developments in the global U.S. Liquid Sodium Silicate Market.
Moreover, use
of liquid sodium silicate (LSS) as adhesive or bonding agent in paper &
paperboards industry is anticipated to fuel the growth of U.S. liquid sodium
silicate industry over the next seven years. Liquid sodium silicate is
dominating the entire sodium silicate sector with largest market share of the
total production. Higher production capacity, rising number of supply &
demand cycles and increasing import & export activities in the region are
expected to foster the growth of U.S. liquid sodium silicate (LSS) market over
the next seven years.
Moreover, easy
availability of raw materials due to its natural abundance serves as a critical
factor for sustained market growth. However, factors such as stringent the
rules and regulations by local governments all across the globe owing to
generation of chemical waste is predicted to negatively influence marker
progress. Increasing adoption of liquid sodium silicate and its derivatives in
various industry applications such as production of cements, ceramics, welding
rods, agriculture, mining and water treatment are projected to stimulate
industry growth over the next seven years.
The U.S.
liquid sodium silicate (LSS) industry is broadly categorized into five major
segments based on the application type such as detergents segment, catalysts,
pulp & paper industry, elastomers segment and food & healthcare sector.
The detergents is considered as one of the fastest growing segment in the U.S.
liquid sodium silicate market with substantial revenue generation in the last
few years. Growing popularity of liquid sodium silicate (LSS) in the detergents
segment is attributed to its unique properties such as de-flocculation,
anti-redeposition, emulsification and corrosion resistance. The pulp &
paper industry segment has also witnessed substantial growth owing to the
increasing use as an adhesive.
U.S. has shown
major growth in recent years owing to the rise in the implementation of latest
technologies in pulp & paper industry, and food & healthcare sector.
Other factor responsible for sustained market growth include increase in the
number of research & development activities in the region and existence of
well-established manufacturing infrastructure in the region. The key players in
the U.S. liquid sodium silicate industry are PQ Co., OxyChem Co., PPG
Industries, Inc., and W.R. Grace & Company.
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