PUBLISHER: ChemAnalyst | PRODUCT CODE: 1225862
PUBLISHER: ChemAnalyst | PRODUCT CODE: 1225862
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.
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
To extract data for Global Sodium Silicate market, primary research surveys were conducted with Sodium Silicate manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Sodium Silicate market over the coming years.
ChemAnalyst 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. ChemAnalyst 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 ChemAnalyst.
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Sodium Silicates manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
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:
With the given market data, ChemAnalyst offers customizations according to a company's specific needs.
Table of Content
On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Sodium Silicate.
To better understand the regional supply of Sodium Silicate by analyzing its manufacturers' location-based capacity.
Study the historical annual production of Sodium Silicate by the leading players and forecast how it will grow in the coming years.
Learn about the various types of Sodium Silicate: Liquid Type and Dry Solid Type, and their demands. It will allow you to choose which type to concentrate on when designing your strategy.
Discover which end-user industry (Precipitated Silica, Detergents, Paper Production, Titanium White, Ceramic Materials, and other) are creating a market and the forecast for the growth of the Sodium Silicate market.
Analysing the change in demand of Sodium Silicate in different regions, i.e., North America, Europe, Asia Pacific, Middle East and Africa, and South America, that can direct you in mapping the regional demand.
Multiple channels are used to sell Sodium Silicate. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Sodium Silicate.
Figure out what proportion of the market share of Sodium Silicate is currently held by leading players across the globe.
Get details about quantity of Sodium Silicate exported by major countries.
Get details about quantity of Sodium Silicate imported by major countries.