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Sodium Silicate Market to witness substantial gains over 2019-2024

Author : Ronak Bora | Published Date : 2019-08-06 

Sodium Silicate Market is forecast to exceed USD 10 billion; according to a new research report.  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.

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It has been observed that among the varied uses of sodium silicate, the compound is known to efficiently function as a good adhesive. The subsequent deployment of this product as an adhesive has led to a major impetus in the growth graph of sodium silicate market. Sodium silicate adhesives have the inherent ability to easily expand and make contact, forming a rigid layer that is permanent, resistant to tears, and even possesses the capacity to withstand water and heat. The compatibility of sodium silicate adhesives on a varied range of substances like paper, metal and wood besides other materials, has spurred the sodium silicate market share further.

In a bid to simplify the process, sodium silicate is used as an effective catalyst, thereby stimulating sodium silicate industry outlook. The ease of procuring the chemical compound has reinforced its position as a catalyst in the transesterification process. As biodiesels will continue to attain increased application in energy generation and alternative fuel source, sodium silicate market trends will continue to witness a dynamic transformation in the ensuing years.

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.

Global market companies are Nippon Chemical, Oriental Silicas, PPG Industries, Evonik Industries, BASF, Huber, W.R Grace, PQ Corporation, etc. Few of these leading players in marketplace are substantially investing on research and development activities for enhancing overall product portfolio as well strengthen market positions.

Glimpse of Table of Content (ToC)

Chapter 4. Sodium Silicate Market, Application By Form

4.1.   Global sodium silicate market share of application by form, 2016 & 2024

4.2.   Detergent

4.2.1.    Market estimates and forecast by form, 2013 – 2024

·    Liquid

·    Powder

4.2.2.    Market estimates and forecast by region, 2013 – 2024

4.3.   Catalyst

4.3.1.    Market estimates and forecast by form, 2013 – 2024

·    Liquid

·    Powder

4.3.2.    Market estimates and forecast by region, 2013 – 2024

4.4.   Pulp & paper

4.4.1.    Market estimates and forecast by form, 2013 – 2024

·    Liquid

·    Powder

4.4.2.    Market estimates and forecast by region, 2013 – 2024

4.5.   Elastomers

4.5.1.    Market estimates and forecast by form, 2013 – 2024

·    Liquid

·    Powder

4.5.2.    Market estimates and forecast by region, 2013 – 2024

4.6.   Food & healthcare

4.6.1.    Market estimates and forecast by form, 2013 – 2024

·    Powder

4.6.2.    Market estimates and forecast by region, 2013 – 2024

4.7.  Others

4.7.1.    Market estimates and forecast by form, 2013 – 2024

·    Liquid

·    Powder

4.7.2.    Market estimates and forecast by region, 2013 – 2024

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/sodium-silicate-market

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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