Quick Summary:
Experience the expansive growth of the global Sodium Silicate market through a comprehensive market research report. Providing an in-depth analysis of market dynamics, projections, key player activities and regional insights, this report is an essential tool for making informed strategic decisions. Elevate your understanding of the multiple applications of sodium silicate, its production, demand patterns and potential investment areas, all without any reference to specific market values in dollars or other currencies.
Sodium Silicate, also known as waterglass, plays an integral role in industries ranging from detergents, drilling fluids, soaps, refractory cement, to mineral processing. With its high temperature stability and resistance to both acidic and basic mediums, Sodium Silicate presents enormous potential for various industries. Further evolution and proliferation of sectors like Precipitated Silica, construction, and paper industry continue to fortify the Sodium Silicate market. This report delineates the market based on demand by region, production, different types and end-users, incorporating the key stakeholders in the production of Sodium Silicate without specific mentions of years or political, economic disruptions.
The global Sodium Silicate market has expanded to reach approximately 8.7 million tonnes in 2021 and is expected to grow at a CAGR of 3.71% during the forecast period until 2035. On 17th January 2022, Hangzhou Asia Chemical Engineering Co., Ltd. began running their new Solid Sodium Silicate plant in Zambia. The plant has an annual capacity of 10,000 tons.The Global Sodium Silicate Market Has Expanded to Reach Approximately 8.7 Million Tonnes in 2021 and is Expected to Grow at a CAGR of 3.71% During the Forecast Period Until 2035
Sodium Silicate is a common name for a group of compounds which comprise of the formula Na2xSiyO2y+x and include various silicates including the sodium metasilicate. A combination of silica (quartz sand), caustic soda, and water when treated with hot steam in a reactor, creates sodium silicate. It is commonly named as waterglass, appear colourless and are readily soluble in water. Sodium silicate displays numerous properties like, stability at high temperature, resistance to acidic medium and basic medium. The industrial applications include detergents, drilling fluids, soaps, refractory cement, soil stabilization, zeolites, adhesives, and mineral processing
The primary market driver for the global sodium silicate market is for the preparation of Precipitated Silica. Precipitated Silica industry have applications such as coatings, rubbers, adhesives, sealants, inks, and adhesives. This industry consumed about 37% of the global Sodium Silicate market and is estimated to dominate the market in the forecasted time as well. Precipitated Silica has numerous applications in the rubber & plastic industry, food processing, pharmaceuticals, and defoaming applications. Additionally, the industrialization and growth of construction activities will provide a thrust to the Sodium Silicate demand in the forecast period. The construction industry's growing use of the products for soil treatment, concrete refractories, and concrete strengthening is also helping the market expand. Moreover, the application of Sodium Silicate in the paper industry as an adhesive, as well as a stabilizer for pulp bleaching and as an additive for de-inkling recycled paper will further swell up the demand of Sodium Silicate in the forecast period. The global Sodium Silicate market is expected to reach a demand of approximately 14.5 million with a CAGR of 3.71% by the forecast period.
Based on demand by region, Asia Pacific dominates the global Sodium Silicate market. It is anticipated that Asia Pacific will continue to dominate the market in the forecast period. Major developing nations situated in Asia Pacific region are investing on their infrastructure. Sodium silicate is employed in the construction of infrastructure as a binder or glue that offers much-needed strength to building structures. Thus, infrastructure development will expand the global Sodium Silicate market in the forecast period. Based on production, USA is leading across the globe. In 2021, the Sodium Silicate production by companies situated in USA, contributing more than 35% of the global Sodium Silicate production.
Based on type, the Sodium Silicate market is segregated into Liquid and Dry Solid. Liquid type dominates the global Sodium Silicate market and with a market share of about 69% in 2021 and expected to dominate the market in the forecast period.
Based on the end-user industry, the global Sodium Silicate market is segmented into Precipitated Silica, Detergents, Paper Production, Titanium White, Ceramic Materials, and others. The Precipitated Silica industry is the dominating the Sodium Silicate market with and is expected to dominate the market till 2035. It is anticipated to remain the primary consumer in forecast period. Detergent and Paper Production Industry also hold significant shares of this market.
Major players in the production of Global Sodium Silicate are PQ Corp., Occidental Petroleum Corporation-Oxy (Diamond Shamrock), CIECH Vitrosilicon S.A., DuPont de Nemours, Qingdao Dongyue Sodium Silicate Co., Ltd., Kiran Global Chems Limited, Wecan Industrial Corporation, and others.
Years considered for this report:
- Historical Period: 2015- 2021
- Base Year: 2021
- Estimated Year: 2022
- Forecast Period: 2023-2035
Objective of the Study:
- To assess the demand-supply scenario of Sodium Silicate which covers production, demand and supply of Sodium Silicate market in the globe.
- To analyse and forecast the market size of Sodium Silicate
- To classify and forecast Global Sodium Silicate market based on end-use and regional distribution.
- To examine competitive developments such as expansions, mergers & acquisitions, etc., of Sodium Silicate market in the globe.
The publisher calculated Sodium Silicate demand in the globe by analyzing the historical data and demand forecast which was carried out considering the historical extraction and supply and demand of Sodium Silicate across the globe. The publisher sourced these values from industry experts, and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by the publisher.
Key Target Audience:
- Sodium Silicates manufacturers and other stakeholders
- Organizations, forums and alliances related to Sodium Silicates distribution
- Government bodies such as regulating authorities and policy makers
- Market research organizations and consulting companies
Report Scope:
In this report, Global Sodium Silicates market has been segmented into following categories, in addition to the industry trends which have also been detailed below:- Market, by Type: Liquid Type and Dry Solid Type
- Market, by End-Use: Precipitated Silica, Detergents, Paper Production, Titanium White, Ceramic Materials, and others.
- Market, by Sales Channel: Direct Sale and Indirect Sale
- Market, by Region: North America, Europe, Asia Pacific, Middle East and Africa, and South America.
Available Customizations:
With the given market data, the publisher offers customizations according to a company’s specific needs.Table of Contents
Methodology
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