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Sodium Silicate Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2030

Global Sodium Silicate Market (By Type - Liquid and Solid; By Grade - Neutral and Alkaline; By Form - Crystalline and Anhydrous; By Material - Sodium Oxide and Silica; By End User - Residential, Commercial, and Industrial; By Application - Detergent, Paper Bonding, Water Treatment, Construction Material, Optical Glass, Bonding Insulation Material, Wood Materials, Metal Sheets, Fabrication of Foundry Molds, Silica Gel Packets Moisture Control, Food Preservation, Passive Fire Control, Stone Consolidation, Welding Electrodes, and Others; and By Country) Industry Dynamics, Market Size, Opportunity, and Forecast to 2030

  • Published On: 01-Aug-2022  |  Format: pdfpowerpointexcel  |  Report ID: AA0822286
    Delivery: 2 to 4 Hours
INFOGRAPHIC:
Sodium Silicate Market

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REPORT SCOPE

Market Size Value in 2021US$ 7.64 Billion
Expected Revenue in 2030US$ 11.18 Billion
Historic Data2017-2020
Base Year2021
Forecast Period2022-2030
UnitValue (USD Bn)
CAGR4.61%
Segments coveredBy Type, By Grade, By Form, By Material, By End-User, By Application, By Region
Key Companies                                                                    BASF, CIECH S.A., EVONIK INDUSTRIES AG, GLASSVEN C.A., KIRAN GLOBAL CHEM LIMITED, MERCK MILLIPORE LIMITED, NIPPON CHEMICAL INDUSTRIAL CO., LTD., OCCIDENTAL PETROLEUM CORPORATION, PQ GROUP HOLDINGS INC., SINCHEM SILICA GEL CO. LTD., TOKUYAMA CORPORATION
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FREQUENTLY ASKED QUESTIONS

The Global Sodium Silicate Market was valued at US$ 7.64 Billion in 2021.

The Global Sodium Silicate Market is projected to grow with a CAGR of 4.61% during 2022-2030.

Silica sand and Sodium carbonate are the two principal raw materials used in the manufacture of sodium silicate.

Sodium silicates are used in a variety of detergent processes, including metal cleaning, textile processing, laundry, and de-inking paper, as well as to wash dishes, dairy equipment, bottles, floors, and locomotives. 

Residential, Industrial and commercial end users make up the end-user sectors for the sodium silicate market. The industrial segment dominated the market in 2021. 

China is dominating the market by 39.5% in the Asia Pacific region in 2021.

In terms of Grade, the Alkaline segment holds 80.8% of the global market share in 2021.

Based on material, the market is segmented into sodium oxide and silica in which sodium oxide has been expected to grow at a CAGR of 4.75% during the forecast period. 

Due to ongoing supply problems in the market and production cuts by players because of the COVID-19 pandemic, the sodium silicate market will continue to experience supply constraints in H2 2020.  

The growing demand for detergents globally and rising demand for precipitated silica from the rubber & tire industry are the major drivers for the global sodium silicate market.

Toxicity of sodium silicate and stringent regulation by government for the use of this substance are a major area of concern hindering sodium silicate market. 

Construction and paper & pulp industry is the major area of development in the industry.

The key manufacturers operating in the market are Tokuyama Corporation, Evonik Industries AG, Merck Millipore Limited, Nippon Chemical Industrial Co. Ltd., PQ Group Holdings Inc., Occidental Petroleum Corporation, CIECH S.A., Sinchem Silica Gel Co. Ltd., Shijiazhuang Shuanglian Chemical Industry Co. Ltd., and Kiran Global Chem Limited.