Sodium Silicate Market is expected to grow at Significant CAGR from 2022 to 2030 as per MRFR Analysis.
Sodium silicate is a white powder synthesized by melting sodium carbonate and sodium dioxide together. It is used in various applications such as silica manufacturing, detergents, pulp paper & board, construction material, water treatment, and soil stabilization. Sodium silicate is widely used in the manufacturing of silica.
Key Players
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.).
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Segmentation
The global sodium silicate market is segmented by 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 Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
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Regional Analysis
Asia Pacific is the fastest growing market due to rising building and construction activities in the developing economies coupled with increasing purchasing power and improving living standards. Initiation of mega projects in the sectors such as aviation, energy, roads, and smart cities are likely to propel the market growth in India. Increase in the number of water treatment plants owing to rising environmental concerns is expected to boost the product demand.
North American sodium silicate market share is growing due to the increasing investment in residential buildings as a result of the small business tax cut and increasing consumer spending. According to the Commerce Department, the construction industry in the U.S. has grown by 2.5% in 2017. Rising investment in the water treatment plants is stimulating the product demand. For instance, Nereda, a wastewater treatment plant has introduced new technology “Aerobic Granular Sludge “for sustainable purification of municipal and industrial water.
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Key Market Opportunities
Growing demand from the textile industry for synthetic detergents, wetting agents, and soaps are driving the market growth
Key Market Drivers
Increasing use of sodium silicate in detergents due to good emulsifying and high buffering power is fuelling the product demand.
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