(MENAFN- Ameliorate Digital Consultancy) The Global Sodium Silicate Market Was Valued At USD 7.2 Billion In 2019 And Is Expected To Generate USD 9.2 Billion By 2027. The Market Is Expected To Grow At A CAGR Of 3.7% From 2020 To 2027.
Sodium Silicate Market Overview
Global Sodium Silicate Market Size, Status, and Forecast 2023-2030. In-depth research accumulated to offer the latest insights about acute features of the global Sodium Silicate market. This report provides a detailed overview of key factors in the Sodium Silicate Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. The impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Sodium Silicate in a special period. This report also compares the markets of Pre COVID-19 and Post COVID-19. In addition, research considers the impact of the COVID-19/Russia-Ukraine War on the regional economy.
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Sodium silicate is made up of the oxides of sodium and silicon dioxide. It has no colour. Soaps, detergents, and silica gel are all made with sodium silicate. It can be used as cement, a glue, a filler, and a glue. It is also used to cover walls, make concrete, keep fires out, and seal things. It's also used to keep eggs and wood from going bad. In the textile and drug industries, sodium silicate is also used. Neutral sodium silicate in the form of a liquid can be used in medicines and toiletries. Sodium silicate, also called“water glass,” is a compound made of silicon dioxide (SiO2 in pure silver sand), disodium oxide (Na2O), and water. The compound sodium oxide (Na2O) and silicon dioxide are both part of the term sodium silicate (SiO2). When dissolved in water, these compounds turn into alkaline solutions that are clear and crystalline (flake-like or powder-like). The chemical way to make sodium silicate is to mix sui sodium epicarbonate (Na2CO3) and di Silicon oxide (SiO2). Under certain weather conditions, this is enough to melt the two reactants together.
Some of the key players profiled in the study are
PQ Corporation, PPG Industries, W. R. Grace & Co., Albemarle, Tokuyama, Huber, Nippon Chemical, And Others., and Others.
Key Market Updates:
In November 2019, BASF invested in a silicate specialty plant at the Düsseldorf-Holhausen site. The investment aims to expand the production of silicates to meet the growing demand for silicates , and strengthen the company's influence in the Western European market. In July 2018, CIECH Vitrosilicon, Europe's largest raw material supplier, expanded its glassy sodium silicate production capacity by more than 20% to meet growing demand for sodium silicate used in the production of precipitated silica.
Sodium Silicate Market Segmentation:
By Type:
Sodium Metasilicate Sodium Silicate
By Application:
Surface Coatings Adhesive Detergent Others
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia, and New Zealand, etc.
By 2025, it is expected that 18.4% of all income will come from Europe. Over the next few years, the industry is expected to be driven by the growing demand for the compound in pulp and paper and healthcare. By area, the amount of glass-grade sodium silicate that can be made each year is more than 1,400 kg. But manufacturers are used to selling to captive customers and don't sell sodium silicate on the market.
Growing demand for filler products in the elastomer industry is the main thing driving the German market, which is expected to grow at a CAGR of 1.8% over the next five years. The growth of the automotive industry and the fact that major tyre makers like Continental, Fulda, and Troester are located in the region should help the market grow. India's construction industry is worth more than USD 125 billion and is expected to grow at a fast rate. This is because India's population is growing and people have more money to spend. India's construction industry is growing, and the infrastructure sector is a big reason why. This is likely to increase the demand for cement and other materials that hold things together.
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Table of Content of Sodium Silicate Market:
1: Introduction, market driving force product Objective of Study, and Research Scope of the Global Sodium Silicate market (2022-2030).
2: Exclusive Summary – the basic information of the Global Sodium Silicate Market.
3: Changing Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Global Sodium Silicate; Post COVID Analysis.
4: Presenting the Global Sodium Silicate Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
5: Displaying the by Type, End User and Region/Country 2017-2022.
6: Evaluating the leading manufacturers of the Global Sodium Silicate Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile.
7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2022-2030).
... To be continued
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Key Questions Answered in the Sodium Silicate Market Report:
How much was the global Sodium Silicate market in 2022? How much will the global Sodium Silicate market worth in 2030? At what compound annual growth rate will the global Sodium Silicate market grow? Which segment is estimated to lead the Construction Robot market during the forecast period? What is the key market driver for the growth of the global Sodium Silicate market? A wealth of financial data & business strategy information is provided including:
Up-to-date company financials, sales & revenue figures. Revenue and market forecasts. Business model strategies for niche companies. A comprehensive explanation of company products, financials & portfolios.
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