Sodium Silicate Market Size- Global Demand, Covid-19 Analysis, Sales, Consumption and Forecasts to 2023
Market
Insights
Sodium
Silicate is manufactured using silica sand and sodium carbonate as raw
material. It finds application in detergents & soaps, adhesives, coating,
construction material, water treatment, and others. Sodium silicate is widely
used in detergents & soaps due to its ability to maintain the pH value of
the detergents solution on dilution. Thus, it is increasingly used in
detergents for washing dishes, dairy equipment, and textile processing,
laundering, and de-inking paper. Additionally, its use in the paper industry is
witnessing growth to some extent due to easy surface wetting, viscosity, and
high strength. Rising demand for water desalination and purification is
augmenting the market growth further. The product is increasingly used as a
binder in cement as a result of its ability to resist acid and water. Growing
building and construction industry is driving the market growth due to
corrosion and high-temperature resistance. Sodium silicate consumption in the
food and beverages industry is rising as an anticaking agent.
Competitive
Analysis
Some
of the key players in the global sodium silicate market are PQ Corporation
(U.S.), Evonik Industries (Germany), BASF SE (Germany), W.R. Grace &
Company (U.S.), Ciech S.A. (Poland), Silmaco NV (Belgium), Oriental Silicas
Corporation (Taiwan), Aromachimie Ltd. (UK), Nippon Chemical Industrial CO.,
LTD. (Japan), Solvay (Belgium), Occidental Petroleum Corporation (U.S.), and
PPG Industries, Inc. (U.S.).
Regional
Analysis
Asia
Pacific is the leading region in the global sodium silicate market owing to
rising infrastructural activities in the developing economies. Growing
investment in construction projects in China, for instance, Daxing
International Project, is expected to fuel the product demand. The product
demand is rising from the food and beverages industry due to increased spending
by the consumers.
North
America and Europe are growing in the sodium silicate market due to growing
investment in the water treatment plants to reduce the environmental issues.
However, in the Europe region, the development of the construction industry has
slowed down as result of Brexit.
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Market
Segmentation
The
Global Sodium Silicate Market is segmented into applications, end-use industry,
and region.
On
the basis of the application, the Global Sodium Silicate Market is divided into
detergents & soaps, water treatment, adhesives, construction material,
coating, and others.
Based
on the end-use industry, the global aluminum honeycomb market is segmented into
building & construction, paper & pulp, chemicals, healthcare, food
& beverages, and others.
Geographically,
the market is divided into five key regions, including Asia Pacific, North
America, Europe, Latin America, and the Middle East & Africa.
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