Global Sodium Silicate Market size was valued at US$ 8.65 Bn in 2019 and is expected to reach US$ XX Bn by 2026 register at a CAGR of XX % during the forecast.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Sodium silicate is a reactive silica , which has high demand in many application industries like detergent, rubber, food and beverage, and paper and pulp.
An increase in demand for sodium silicate from applications like detergents, precipitated silica, construction, pulp & paper, water treatment, metal casting, and food preservation are some of the driving factors behind the growth of the global sodium silicate market. Additionally, rise in demand for environment-friendly binding agents in the construction industry and uptake of green tires in the automotive sector are expected to boost the growth in the global sodium silicate market during the forecast period.
Solid sodium silicate is the dominating segment in the sodium silicate market. Solid sodium silicate is used in an extensive range of applications like manufacturing of refractories, ceramics, and fire stop devices. Solid sodium silicate is simple and low-cost transportation and storage over liquid sodium silicate. Solid sodium silicate can be transformed into the liquid form by dissolving in water for usage in applications like detergents, precipitated silica, pulp & paper, and water treatment.
Detergents application is projected to contribute the highest growth during the forecast period. Consumption of sodium silicate for detergent application is rising for various cleaning and washing processes like domestic or industrial clothes washing, floor cleaning, washing of dishes, bottles, dairy equipment, and locomotives, metal cleaning and degreasing.
Region-wise, Europe region is expected to share US $XX Mn share in the global sodium silicate market. The maximum share in the market is attrbuted to the rise in demand for compound in pulp and paper, and healthcare applications in the region. The production capacity for glass grade sodium silicate in the region is over XX kilo per annum, which is contributing large share in the market.
Some of the prominent key players are expected to target their products intended for the production of silica derivatives, which includes precipitated silica, silica gel, and zeolites. Key players are expected to focus more on development of a extensive variety of products to expand its application scope in niche segments like welding, cement, agriculture, and food.
The objective of the report is to present a comprehensive analysis of Global Sodium Silicate Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.
The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Sodium Silicate Market dynamics, structure by analysing the market segments and project the Global Sodium Silicate Market size. Clear representation of competitive analysis of key players by Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Sodium Silicate Market make the report investor’s guide.
Scope of the Global Sodium Silicate Market
Global Sodium Silicate Market, by Form
• Solid Sodium Silicate
• Liquid Sodium Silicate
Global Sodium Silicate Market, By Application:
• Precipitated Silica
• Pulp & Paper
• Water Treatment
• Metal Casting
• Food Preservation
Global Sodium Silicate Market, By End Use Industry
• Building & Construction
• Food & Beverage
• Oil & Gas
Global Sodium Silicate Market, by Region:
• North America
• Asia Pacific
• Middle East & Africa
• South America
Key Player analyzed in the Report:
• PQ Corporation
• Tokuyama Corporation
• Nippon Chemical Industrial
• Kiran Global Chem Limited
• Sinchem Silica Gel
• Shijiazhuang Shuanglian Chemical Industry
• IQE Group
• Evonik Industries AG
• GHCL Limited
• Huber Engineered Materials
• Merck Millipore
• PPG Industries Inc.
• Shangyu Huachang Industrial Co. Ltd.
• Solvay S.A.
• Tata Chemicals Limited
• Tokuyama Corporation
• W.R. Grace & Company
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