Sodium Silicate Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Sodium is a highly unstable alkali metal. In order to gain stability, sodium has to give up one of its electron. When sodium is placed in water, a strong chemical reaction takes place, resulting in the formation of hydrogen and sodium hydroxide. Silicate is a family member of anions which constitutes silicon and oxygen. Sodium silicate, also known as water glass or liquid glass is a white powder which is formed by the combined synthesis of melted sodium carbonate and sodium dioxide. It is widely used in the production of silica, which is highly reactive and is increasingly demanded in various end-use industries, namely, detergent, rubber, food & beverage and paper & pulp.

MARKET DYNAMICS

Sodium silicate market is driven by an increase in demand for sodium silicate for the production of detergents, because of its good emulsifying and high buffering power. Increased application of sodium silicate in water purification because of its corrosion inhibition property also drives the growth in the market. However, the hazardous effects of sodium silicate and the presence of its substitutes may hamper the fruitful growth of the sodium silicate market. An upsurge in demand for sodium silicate in various applications such as silica gels, silica sols, paints & coatings, plastics and inks is anticipated to bolster the sodium silicate market in the near future.

MARKET SCOPE

The "Global Sodium Silicate Market Analysis to 2031" is a specialized and in-depth study of the chemical and material industry with a special focus on the global market trend analysis. The report aims to provide an overview of the sodium silicate market with detailed market segmentation by form, application, end use industry and geography. The global sodium silicate market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading sodium silicate players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global sodium silicate market is segmented on the basis of form, application, end use industry and geography. On the basis of form the market classify into solid sodium silicate and liquid sodium silicate. The market on the bais of application is broken into detergents, adhesives & sealants, elastomer, catalyst, flocculants and others. As per end use industry, the market is bifurcated into building & construction, automotive, food & beverage, oil & gas and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The sodium silicate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the sodium silicate market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the sodium silicate market in these regions.

MARKET PLAYERS

The reports cover key developments in the sodium silicate market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from sodium silicate market are anticipated to lucrative growth opportunities in the future with the rising demand for sodium silicate in the global market. Below mentioned is the list of few companies engaged in the sodium silicate market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the sodium silicate market. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last 3 years, the key development in the past five years.

• CIECH S.A
• Indo Nippon Chemical Co. Ltd.
• IQE Group
• Kiran Global Chems Limited
• Malpro Silica Pvt. Ltd.
• Occidental Petroleum Corporation
• PQ Corporation
• Shayona Group
• Sinchem Silica Gel
• Tokuyama Corporation

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Sodium Silicate Report Scope