Sodium Silicate Market Size 2022, Share, Growth, Demand, Global Industry Report 2027

Sodium Silicate Market Overview:

The latest research study "Sodium Silicate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" by IMARC Group, finds that the global sodium silicate market size reached a value of US$ 7.11 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 9.58 Billion by 2027 exhibiting a CAGR of 4.70% during 2022-2027.

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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Sodium silicate, with the formula (Na2SiO3), also known as sodium metasilicate or water glass, is a colorless, flaked, and inorganic compound composed of sodium and silica oxides. It consists of silicate in the form of a counterion and is produced by fusing sodium oxide from soda ash and silicon dioxide from the sand. It is extensively used in drilling fluids, soaps, refractory cement, mineral processing, and adhesives. It also provides several beneficial properties, such as acid, water, and high-temperature resistance and improved stability in alkaline solutions. As a result, it finds extensive application across textile, detergent, paper, and pulp, pharmaceutical, automotive, and food and beverage (F&B) industries.

Sodium Silicate Market Trends and Drivers:

The market is primarily driven by the expanding rubber and tire industry across the globe. In addition, the rising usage of sodium silicate in the paper and pulp industry as a stabilizer for pulp bleaching, an additive for de-inking recycled paper, and an adhesive to bond paper boards and cardboard represents another major growth-inducing factor.

Moreover, the extensive product adoption in the construction industry for cement refractories, concrete hardening, and soil stabilization is contributing to the market growth. Apart from this, several product innovations, such as the utilization of eco-friendly raw materials to manufacture sodium silicate, are accelerating market growth.

Furthermore, the widespread utilization of sodium silicate in the textile industry for kier boiling, wool scouring, bleaching, cleaning, finishing, and degumming of fabrics is also creating a positive market outlook across the globe.

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Global Sodium Silicate Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

BASF SE, CIECH S.A., Evonik Industries AG, Kiran Global Chem Limited, Merck KGaA, Nippon Chemical Industrial Co. Ltd., Occidental Petroleum Corporation, PPG Industries Inc., PQ Corporation, Sinchem Silica Gel Co. Ltd., Solvay S.A., Tokuyama Corporation and W. R. Grace and Co.

The report has segmented the market on the basis of region, type, grade, form, application and end user.

Breakup by Type:
• Liquid
• Solid

Breakup by Grade:
• Neutral
• Alkaline

Breakup by Form:
• Crystalline
• Anhydrous

Breakup by Application:
• Detergent
• Paints
• Adhesives
• Catalyst
• Refractories
• Tube Winding
• Others

Breakup by End User:
• Pulp and Paper
• Construction
• Automotive
• Others

Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

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Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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