Growing Infrastructural Industry Is Expected To Create Market Opportunity For Sodium Silicate Manufacturers

Sodium Silicate Market Size, Share, Trends, Growth, Analysis, Research

Global Sodium Silicate Market: Key Highlights

  • According to the new market research report Sodium Silicate Market by Form (Liquid Form, Dry Form), by Application (Detergents & Soaps, Pulp & Paper, Construction, Textile Industry, Water Treatment, Petroleum Industry, and Others), by Region (North America, Asia Pacific, Europe, Middle East & Africa, and South America) – Global Forecast (2020 to 2027)”, the global sodium silicate market is estimated to reach USD 11.9 Billion by 2027 at a CAGR of around 2.9% during the review period.
  • Sodium silicate is a colorless, water soluble compound prepared by reacting silica sand and sodium carbonate at a high temperature range from 1200 to 1400OC
  • Sodium silicate is widely used in the manufacturing of detergents
  • Growing construction industry is expected to create the new market opportunity for the sodium silicate manufacturers

Sodium Silicate Market

Global Sodium Silicate Market: Key Market Dynamics

  • Sodium silicate is extensively used into the detergents and soap. Increasing population along with increasing urbanization has led to increase the demand for sodium silicate during the forecaster period
  • Increasing demand from food industry, due to its use as a preservative by absorbing the excess moisture is a key driver of the global market
  • In paper & pulp industry, sodium silicate is used for de-inking, sizing, coating, and bleaching of recycled paper products
  • There are number of substitutes available in the market for sodium silicate which is likely to hinder the market growth

Global Sodium Silicate Market: Regional Overview

  • Asia-Pacific

Asia-Pacific is expected to hold a major share in the global sodium silicate market. Rapid urbanization and growing detergent industry are the major factors that are boosting the demand for sodium silicate. Moreover, increasing population coupled with the increasing buying power of consumers in the India, China, and South Korea countries of the region creates favorable condition for consumption of sodium silicate.

  • Europe

Europe is expected to grow at a significant CAGR for sodium silicate market. This growth can be attributed to the huge investment in the water treatment projects. The increasing demand for sodium sulfate from industries such as detergents, tire & rubber, textile, and paper industries is boosting the market growth in the Europe region.

Global Sodium Silicate Market: Key Players Overview

  • PQ Corporation:

PQ Corporation is a one of the global provider of specialty catalysts, materials, chemicals, and services. The company serves its product to numbers of applications include fuels and emissions controls, consumer products, highway safety and construction, packaging and engineering plastics, industrial and process chemicals and natural resources.

  • CIECH:

CIECH is a one of the market leader in the chemical manufacturing. The company has a presence in 100 countries around the world through its products includes soda ash, sodium bicarbonate, salt, epoxy and polyester resins, silicates, plant protection products, polyurethane foams, and glass packaging. CIECH has eight production plants globally, among them 3 are based in Europe at Poland, Germany and Romania countries.

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Rep Id : CM 082

Published : 2020-02-26

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