“Global Sodium Silicate Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global sodium silicate market report has been segmented on the basis of grade form, application, and region.
Global Sodium Silicate Market: Introduction
Sodium silicate also known as liquid glass or water glass, is an inorganic chemical compound manufactured by the combination of sodium oxide and silica. It is used in various applications such as catalyst, detergent, adhesives, food & healthcare, pulp & paper, coating, elastomers, textiles, silica gels, foundry, and refractories owing to its properties such as binding, bleaching, and sizing.
Global Sodium Silicate Market: Dynamics
Increasing demand for detergents in developing and developed countries owing to rising penetration of washing machines is projected to drive the growth of the global sodium silicate market. Growing demand for sodium silicate in tire and rubber industry is projected to boost growth of the global sodium silicate market in the next 10 years. In addition, increasing demand for sodium silicate in construction application to reduce the porosity of concrete is projected to support growth of the segment.
However, the toxic nature of sodium silicate coupled with availability of substitute compounds for certain applications is projected to hinder growth of the global sodium silicate market to a certain extent.
Global Sodium Silicate Market: Segment Analysis
Among the form segments, the solid sodium silicate segment is estimated to contribute a major share in the sodium silicate market during the forecast period. Increasing demand for solid sodium silicate in pulp & paper, detergents, water treatment, and others is expected to support growth of the segment. The liquid sodium silicate segment is projected to grow steadily in the upcoming years.
Among the application segments, the detergents segment is projected to register significant growth in the sodium silicate market. Increasing demand for sodium silicate in detergents as it reduces the surface tension, which helps in the removal of soil and dirt. The pulp & paper segment is projected to register a moderate growth rate over the next few years.
Global Sodium Silicate Market: Regional Analysis
Asia Pacific market is estimated to account for major share in the sodium silicate market and is projected to maintain its dominance in the next few years. Growing paper & pulp and detergent industries in the region coupled with rising foreign investments are projected to boost demand for sodium silicate in the Asia Pacific. Increasing demand for sodium silicate in food and health care industries in developing economies such as India, China, Japan, etc., is projected to support the growth of the global market. China is a leading consumer of sodium silicate in this region. Presence of a large number of tire manufactures in this region is projected to augment the growth of the Asia Pacific sodium silicate market to a certain extent.
North America sodium silicate market is projected to register lucrative growth in the next few years. The growth of the market in this region is attributed to the increasing demand for sodium silicate in construction, detergent, and tire manufacturing applications. Growing construction sector in this region is estimated to drive the growth of the sodium silicate market in North America. The Europe sodium silicate market is projected to register moderate growth rate. Increasing demand for this compound in elastomer applications as fillers is projected to support the growth of the Europe sodium silicate market.
Global Sodium Silicate Market Segmentation:
Segmentation by Form:
- Solid Sodium Silicate
- Liquid Sodium Silicate
Segmentation by Application:
- Pulp & Paper
- Food & Healthcare
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Tokuyama Corporation
- Solvay S.A.
- PQ Corporation
- Evonik Industries AG
- Occidental Petroleum Corporation
- BASF SE
- Nippon Chemicals
- Kiran Global Chems Limited
- Shandong Sinchem Silica Gel Co., Ltd.
- IQE Group
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