Sodium Silicate Market | Contrive Datum Insights

The Global Sodium Silicate Market Was Valued At USD 7.2 Billion In 2019 And Is Expected To Generate USD 9.2 Billion By 2027. The Market Is Expected To Grow At A CAGR Of 3.7% From 2020 To 2027.

Sodium Silicate Market Overview:

Sodium silicate is a colorless compound of oxides of sodium and silicon dioxide. Sodium silicate is used in the manufacture of soaps, detergents, and silica gel. It is used as cement, binder, filler, and binder. In addition, it It is used as wall coating, concrete, fireproof material and sealant. It is also used to preserve eggs and wood. Sodium silicate is also used in textile and pharmaceutical industries. Neutral sodium silicate in liquid form is suitable for use in pharmaceuticals and toilet preparations Medium. Sodium silicate or water glass is a compound made of silicon dioxide (SiO2 in pure silver sand), disodium oxide (Na2O) and water. The term sodium silicate includes the compound sodium oxide (Na2O ) and silicon dioxide (SiO2). These compounds appear as colorless crystalline solids (flakes or powders) that yield alkaline solutions when dissolved in water. The chemical synthesis of sodium silicate involves sui sodium epicarbonate (Na2CO3) and di Silicon oxide (SiO2) is sufficient to melt the combination of the two reactants under certain climatic conditions.

The viscosity of this sodium silicate varies with the amount of silica and sodium oxide used. Historically, sodium silicate was used to preserve eggs, but over time, its application has expanded to various fields. Some of the exceptional properties such as alkalinity, hardness binding ability and corrosion protection have extended their application to several end-use industries. Sodium silicates are mainly used in soaps and detergents, pulp and paper, cement formulations, paints and pigments, catalysts, water purification, fabric fire protection, textiles, pharmaceuticals and metal cleaning.

Sodium Silicate market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Sodium Silicate market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Key Market Updates:

• In November 2019, BASF invested in a silicate specialty plant at the Düsseldorf-Holhausen site. The investment aims to expand the production of silicates to meet the growing demand for silicates , and strengthen the company's influence in the Western European market.
• In July 2018, CIECH Vitrosilicon, Europe's largest raw material supplier, expanded its glassy sodium silicate production capacity by more than 20% to meet growing demand for sodium silicate used in the production of precipitated silica.

Major Market Segments Covered in Sodium Silicate Industry Research:

Market Key Players:
PQ Corporation, PPG Industries, W. R. Grace & Co., Albemarle, Tokuyama, Huber, Nippon Chemical, And Others.

By Type:

• Sodium Metasilicate, Sodium Silicate,

By Application:

• Surface Coatings, Adhesive, Detergent, Others

By Region:

Europe is projected to account for 18.4% of the total revenue by 2025. Growing demand for the compound in pulp & paper as well as healthcare applications is expected to drive the industry over the forecast period. The production capacity of glass grade sodium silicate by area exceeds 1,400 kg per year. However, manufacturers are addicted to captive consumption and do not offer sodium silicate in the market.

The German market is primarily driven by growing demand for filler products in the elastomer industry and is projected to register a CAGR of 1.8% in revenue over the forecast period. Growth in the automotive segment, coupled with the presence of major tire manufacturers in the region, including Continental, Fulda, and Troester, is expected to positively impact market growth. The construction industry in India is worth over USD 125 billion and is projected to grow at a significant rate due to population growth and rising consumer disposable income. The growth of the construction industry in India is mainly driven by the infrastructure sector, which is expected to drive the demand for cement and other bonding materials.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Significant Market Dynamics:

Sodium silicate is the major source of active silica. High demand for active silica from various end-user industries including food & beverage, detergent, rubber, paper & pulp, etc. will drive the market. Moreover, the demand for High demand for silica derivatives such as colloidal silica and colloidal silica in pharmaceutical and chemical industries will drive the market.

However, the price movement of sodium silicate is affected by certain parameters such as raw material and transportation costs. Fluctuation in raw material prices is expected to hamper market growth.

Sodium Silicate Market report scope:

Crucial Points from this Sodium Silicate Report

• Estimate Sodium Silicate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
• Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
• Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
• Get a quick viewpoint on the Sodium Silicate market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
• Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
• Get complete insights on your competitor's performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Study the sales and distribution channels over key geographies to improve top-line revenues.

Frequently Asked Questions-

What is the CAGR of Sodium Silicate market?

The Sodium Silicate Market is growing at a CAGR of 3.7% During Forecast Period.

 What are the key types of Sodium Silicate market?

Sodium Metasilicate, Sodium Silicate,

What are the key applications of Sodium Silicate market?

Surface Coatings, Adhesive, Detergent, Others                        

Who are the key players in Sodium Silicate market?

PQ Corporation, PPG Industries, W. R. Grace & Co., Albemarle, Tokuyama, Huber, Nippon Chemical, And others.