Global Sodium Silicate Market Reports give a Key study on the industry status of the Sodium Silicate Industry Manufacturer with the specific statistics, meaning, definition, SWOT Analysis, expert opinion, and recent development across the globe. The research report also covers the Market Size, Price, Sales, Revenue, Market share, Gross Margin, growth rate, and cost structure. The report aims to give an additional sample of the latest scenario, economic slowdown, and Covid-19 impact on overall Industry.
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.
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Sodium silicate is made up of the oxides of sodium and silicon dioxide. It has no colour. Soaps, detergents, and silica gel are all made with sodium silicate. It can be used as cement, a glue, a filler, and a glue. It is also used to cover walls, make concrete, keep fires out, and seal things. It’s also used to keep eggs and wood from going bad. In the textile and drug industries, sodium silicate is also used. Neutral sodium silicate in the form of a liquid can be used in medicines and toiletries. Sodium silicate, also called “water glass,” is a compound made of silicon dioxide (SiO2 in pure silver sand), disodium oxide (Na2O), and water. The compound sodium oxide (Na2O) and silicon dioxide are both part of the term sodium silicate (SiO2). When dissolved in water, these compounds turn into alkaline solutions that are clear and crystalline (flake-like or powder-like). The chemical way to make sodium silicate is to mix sui sodium epicarbonate (Na2CO3) and di Silicon oxide (SiO2). Under certain weather conditions, this is enough to melt the two reactants together.
Competitive Landscape and Global Market Share Analysis:
PQ Corporation, PPG Industries, W. R. Grace & Co., Albemarle, Tokuyama, Huber, Nippon Chemical, And Others., Others
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.
Market Segmentation:
By Type:
- Sodium Metasilicate
- Sodium Silicate
By Application:
- Surface Coatings
- Adhesive
- Detergent
- Others
The report on the Sodium Silicate market covers the following region (country) analysis:
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
Regional Insights:
By 2025, it is expected that 18.4% of all income will come from Europe. Over the next few years, the industry is expected to be driven by the growing demand for the compound in pulp and paper and healthcare. By area, the amount of glass-grade sodium silicate that can be made each year is more than 1,400 kg. But manufacturers are used to selling to captive customers and don’t sell sodium silicate on the market.
Growing demand for filler products in the elastomer industry is the main thing driving the German market, which is expected to grow at a CAGR of 1.8% over the next five years. The growth of the automotive industry and the fact that major tyre makers like Continental, Fulda, and Troester are located in the region should help the market grow. India’s construction industry is worth more than USD 125 billion and is expected to grow at a fast rate. This is because India’s population is growing and people have more money to spend. India’s construction industry is growing, and the infrastructure sector is a big reason why. This is likely to increase the demand for cement and other materials that hold things together.
Following are the major TOC of the Sodium Silicate Market:
Chapter 1: Sodium Silicate Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Global Sodium Silicate Market Competition by Manufacturers
Chapter 4: Global Production, Profits (Value) by Region
Chapter 5: Global Supply (Production), Import, Export, Consumption, by Regions
Chapter 6: Global Price Trend by Type, Revenue (Value), Production
Chapter 7: Manufacturing Cost Analysis
Chapter 8: Global Market Analysis by Application
Chapter 9: Industrial Chain and Downstream Buyers, Sourcing Strategy
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Global Sodium Silicate Market Forecast
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Key Reasons to Purchase Sodium Silicate Market report:
The report provides a thorough examination of the manufacturing methods, as well as ideas to reduce development risk, major market growth challenges and strategic inputs to overcome the market threats.
In-depth market analysis and an overview of the global Sodium Silicate Market trend and commercial landscape are included in the report. In addition, the report discusses the effect of COVID-19 on the market.
Reader can acquire a better interpretation of the Sodium Silicate Market forecast’s future view and opportunities from the report.
The report contains an analysis of recent developments as well as profiles of important market leaders and key players.
To gain an understanding of the market strategies by the leading market players in the Sodium Silicate
The report analyses the most important driving and restraining factors in the industry, as well as their impact on global market growth.
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