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Sodium Silicate Market shows signs of growth in paper & pulp, and adhesives sectors

Author : Ronak Bora | Published Date : 2019-03-14 

The Sodium Silicate Market is set to grow from its current market value of more than $9 billion to over $10 billion by 2024; as reported in the latest study by Global Market Insights, Inc.

By form, liquid sodium silicate dominates the global sodium silicate market till 2024. Growing demand for liquid sodium silicate in paper & pulp, and adhesives will drive this segment in the coming period. The use of sodium silicate in paper-based products such as toilet tissues, paper towel cores, fiber drum binders and paperboard laminates due to its zero-toxicity and eco-friendly features will augment market demand over the forecast period.

By application, global market is primarily driven by the application of water glass in detergents. This segment will significantly grow, due to rise in consumer awareness regarding personal hygiene. Elastomers accounted for over 10% of the global market share in 2016. This growth is augmented by constant product consumption in automobiles, due to growing demand for green tires.

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Sodium silicate is chemical compound obtained from sodium oxide and silica. It is commonly known as liquid glass or water glass. Excellent properties of sodium silicate entail large number of applications in catalyst, detergents, chemicals, adhesive, food and pulp & paper. Anticaking characteristics of sodium silicate plays a vital role in food industry by preventing dry food products from clumping as well as it absorbs surplus moisture from food. Major application of sodium silicate in food application happens either in powdered or dried form which is further used in milk powder, flours products, sugar, grated cheese, egg yolk, among others.

Oil and gas is one of the fastest galloping market as a result of high usage of catalyst in petroleum refineries for extracting gasoline is instrumental in influencing the global sodium silicate market growth over the forecast period. By 2017, the U.S. government had extended oil rig platforms increasing it from 1593 to 2029, to gain higher revenue and exploit significant opportunities in the market. Global demand for fuel had increased the usage of sodium silicate by way of catalyst cracking to meet fuel and energy supplier demand that will significantly grow the market over forecast period.

Basic household commodities like detergents which are gradually used for cleaning is accelerating the market owing to rising consumer awareness on hygiene and basic sanitation facilities. In order to maintain basic hygiene in household chores, consumers detergent consumption is considerably increasing, augmenting the overall application of sodium silicate in detergent products which is significant growing the potential market share.

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Asia Pacific market is growing by CAGR of around 2% over the forecast timeframe. China detergent market segment accounts over 65% of Asian market share. Increasing automotive production, oil drilling and construction activities will significantly impact sodium silicate demand in projected timeframe. In Europe, paper & pulp as well as healthcare industry is dominating sodium silicate market.

The global manufactures in the sodium silicate market are Huber, PPG Industries, PQ Corporation, Nippon Chemical, BASF, W.R Grace, Evonik Industries, Oriental Silicas, etc. Market players are investing on research & development to improve their product portfolio and toughen their positions in the market.

Browse key industry insights spread across 320 pages with 382 market data tables & 25 figures & charts from the report, “Sodium Silicate Market” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/sodium-silicate-market

Sodium Silicate research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in kilo tons and revenue in USD million from 2013 to 2024, for the following segments:

Sodium Silicate Market, Application By Form

  • Detergent
    • Liquid
    • Powder
  • Catalyst
    • Liquid
    • Powder
  • Pulp & paper
    • Liquid
    • Powder
  • Elastomers
    • Liquid
    • Powder
  • Food & healthcare
    • Powder
  • Others
    • Liquid
    • Powder

Sodium Silicate Market By Form

  • Liquid
  • Powder

The above information is provided on a regional and country basis for the following:

  • North America
    • U.S.
    • Canada
  • Europe
    • France
    • UK
    • Spain
    • Germany
    • Italy
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • Indonesia
    • Malaysia
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • GCC
    • South Africa

 

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

 

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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