IMARC Group, a leading market research company, has recently releases report titled “Sodium Silicate Market Report by Type (Liquid, Solid), Grade (Neutral, Alkaline), Form (Crystalline, Anhydrous), Application (Detergent, Paints, Adhesives, Catalyst, Refractories, Tube Winding, and Others), End User (Pulp and Paper, Construction, Automotive, and Others), and Region 2024-2032”, Offers a comprehensive analysis of the industry, which comprises insights on the market.
How Big Is the Sodium Silicate Market?
The global sodium silicate market size reached US$ 7.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 11.4 Billion by 2032, exhibiting a growth rate (CAGR) of 4.1% during 2024-2032.
Industry Overview of Sodium Silicate
Sodium silicate is an amorphous solid or viscous liquid that is produced by melting silicon dioxide and soda ash sodium carbonate together at high temperatures, followed by cooling the final product. It is highly reactive with acids, which can lead to the formation of silica gel. It is soluble in water and can be blended with other substances, making it suitable for a wide range of formulations. It can be adjusted or tailored to serve specific applications by adjusting its chemical composition, making it an essential component in various industries. It is considered an eco-friendly compound as it can be created from abundant raw materials and can be recycled or disposed of safely.
What are the growth prospects and trends in the sodium silicate industry?
At present, the increasing demand for sodium silicate to produce laundry detergents and industrial cleaners used for removing dirt, oil, and grease from surfaces represents one of the crucial factors impelling the growth of the market.
Besides this, the rising employment of sodium silicate in the manufacturing of adhesives and sealants, providing bonding strength and durability, is propelling the growth of the market. In addition, the growing utilization of sodium silicate as a catalyst in various chemical processes, such as biodiesel production, due to its ability to accelerate chemical reactions, is offering a favorable market outlook.
Apart from this, the increasing focus on fire-proofing various commercial and residential buildings to prevent the occurrence of accidents is supporting the growth of the market.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/sodium-silicate-market/requestsample
Leading Companies Operating in the Global Sodium Silicate Industry:
- BASF SE
- CIECH S.A.
- Evonik Industries AG
- Kiran Global Chem Limited
- Merck KGaA
- Nippon Chemical Industrial Co. Ltd.
- Occidental Petroleum Corporation
- PPG Industries Inc.
- PQ Corporation
- Sinchem Silica Gel Co. Ltd.
- Solvay S.A.
- Tokuyama Corporation
- W. R. Grace and Co.
Sodium Silicate Market Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Type:
- Liquid
- Solid
Breakup by Grade:
- Neutral
- Alkaline
Breakup by Form:
- Crystalline
- Anhydrous
Breakup by Application:
- Detergent
- Paints
- Adhesives
- Catalyst
- Refractories
- Tube Winding
- Others
Breakup by End User:
- Pulp and Paper
- Construction
- Automotive
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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