Global Sodium Silicate Market provides a brief and detailed knowledge about key players, market state and circumstances that are covered deeply in this report. The business chain supporting the Sodium Silicate market is analysed in detail covering accurate information about aspects such as the industrial chain, proficiency in utilization of the available capacity of manufacture, and industry strategies that affect the market.
Sodium Silicate Market
study offers an exhaustive summary of the vendor landscape, competitive
analysis, and key strategies to gain ruthless advantage. Sodium Silicate Market
Forecast provides sizing and growth opportunities. It provides comprehensive
insights on the latest industry trends, forecast, and growth drivers in the
market. it also includes a detailed analysis of growth drivers, challenges, and
investment opportunities and delivers a complete overview of segments and the
regional outlook of the market.
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The global Sodium Silicate Market is anticipated to reach USD 7.84 billion by 2025. Sodium silicate, also known as “Liquid glass” or “Water glass”, is a compound and usually a colorless transparent solid or white powder. It is soluble in water under prescribed limits. Factors, such as increasing demand for sodium silicate from applications such as precipitated silica, detergents, pulp & paper, construction, metal casting, water treatment, and food preservation. In addition, technological advancements, rising disposable income of people in emerging economies, increasing usage in the construction segment, shifting preferences regarding detergents and cleaning agents and growing demand are likely to drive the sodium silicate industry in forthcoming period.
On the other hand,
hazardous effects on human health due to exposure to high concentration of sodium
silicate are anticipated to hinder sodium silicate market growth in future.
However, increase in demand for environment-friendly binding agents in the
construction manufacturing is likely to create lucrative opportunities for the
market. Sodium silicate industry is anticipated to expand at a significant CAGR
in the upcoming period as the scope, product types, and its applications are
increasing across the globe.
Sodium silicate market is
segmented by form, application, distribution channel, and geography. The market
of sodium silicate is segmented by form as Solid Sodium Silicate and Liquid
Sodium Silicate. The “Solid Sodium Silicate” segment accounted for a prominent
share in the market. It is likely to witness a substantial growth in the years
to come. The key factors that could be attributed to the growth of the market
includes easy use and easy to store as compared to liquid sodium silicate and
low transportation cost.
The key applications are
segmented in the sodium silicate industry include Construction, Detergents,
Precipitated Silica, Water Treatment, Pulp & Paper, Food Preservation,
Metal Casting and Others (Fire Protection, Paints & Coatings, Cosmetics,
Catalyst Manufacturing, and Textile). The “Detergents” segment accounted for a
prominent share in the market. It is likely to witness substantial growth in
the years to come.
The key factors that could
be attributed to the growth of the market include rising demand for sodium
silicate for the manufacturing of cleansing agent that are used for numerous
washing. In addition, cleaning methods, such as industrial or domestic clothes
washing, washing bottles, dishes, locomotives, dairy equipment, and floor
cleaning, and metal degreasing and cleaning. The sodium silicate market is
segmented based on distribution channel as offline and online distribution. The
“Offline” segment accounted for a prominent share in the market. It is likely
to witness a substantial growth in the years to come.
Asia-Pacific is a leading
region in the market. It is likely to maintain a dominance in the forecast
period owing to factors, such as rising demand for sodium silicate from
applications such as construction and detergents, increasing foreign
investments, rising population, development of the pulp and paper industry and
rapid urbanization. China is the foremost consumer and producer of sodium
silicate. Asia-Pacific is followed by European region owing to the rising
demand for the compound in healthcare and pulp & paper applications.
Key players operating in
the sodium silicate industry include CIECH Group, BASF SE, GHCL Limited, Evonik
Industries AG, IQE Group, Huber Engineered Materials, Nippon Chemical
Industrial Co. Ltd., Merck Millipore, PPG Industries Inc., Occidental Petroleum
Corporation, Shangyu Huachang Industrial Co. Ltd., PQ Corporation, Sichem
Silica Gel Co. Ltd. Shijiazhuang Shuanglian Chemical Industry Co. Ltd. Tata
Chemicals Limited, Solvay S.A., W.R. Grace & Company and Tokuyama
Corporation. The leading companies are involved in partnerships, mergers and
acquisitions, and joint ventures in order to boost the inorganic growth of the
industry.
Table of Contents:-
Chapter
1 Methodology and Scope
Chapter
2 Executive Summary
Chapter
3 Sodium Silicate Market: Variables, Trends & Scope
Chapter
4 Sodium Silicate Market: Product Estimates & Trend Analysis
Chapter
5 Sodium Silicate Market: Application Estimates & Trend Analysis
Chapter
6 Sodium Silicate Market: End-use Estimates & Trend Analysis
Chapter
7 Sodium Silicate Market: Industrial End-use Estimates & Trend Analysis
Chapter
8 Sodium Silicate Market: Regional Estimates & Trend Analysis
Chapter
9 Competitive Landscape
Chapter
10 Sodium Silicate Market: Manufacturers Company Profiles
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