Sodium Silicate Market Share & Size | Industry Forecast, 2024-2032

The global sodium silicate market size was worth around USD 12.06 Billion in 2023 and is predicted to grow to around USD 17.62 Billion by 2032 with a compound annual growth rate (CAGR) of roughly 4.30% between 2024 and 2032.

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To provide a more comprehensive understanding of the primary market participants, the report conducts a company market share analysis. Furthermore, the report addresses the most significant strategic developments in the market, such as the global and regional expansion of the major participants, agreements, partnerships, collaborations, joint ventures, research and development, technology, and regional expansion. These developments include acquisitions and mergers, new technology launches, and agreements. Additionally, the research examines the product portfolios and price trends of a variety of companies in accordance with their respective regions.

In the early 1500s, scientists from Europe made the discovery of sodium silicate. Sodium silicate is a chemical compound that is fundamentally an alkali metal. The preponderance of its constituents are silicon and sodium. Sodium silicate can be dissolved in water. These substances are either translucent granules or transparent liquids. It is typically composed of oxygen-silicon polymer water in the form of a molecular matrix constituent. Sodium silicate chemical compounds are employed in a diverse array of applications and can be manufactured as viscous liquids or solids. Passive fire protection, the formulation of cement, the production of refractory ceramics, textiles, and timber processing as adhesives are among the applications. Furthermore, they are employed in the production of silica gel.

It is anticipated that the primary factor propelling the market for sodium silicate in the years ahead will be the growing demand for sodium silicate as an adhesive in the paper and pulp sector. In addition to its other applications, sodium silicate is also employed in the construction industry as a sealant for concrete mixtures. Cement is combined with cement paste and concrete to enhance its binding strength. This is achieved by decreasing the porosity of the combination. Consequently, the sodium silicate market is anticipated to experience a favourable future growth trajectory as a result of the ongoing development of smart buildings and infrastructure in the construction industry.

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The Global Sodium Silicate Market is segmented based on product, application and region

Global Sodium Silicate Market: Product Segment Analysis

● Solid Sodium Silicate
● Liquid Sodium Silicate

Global Sodium Silicate Market: Application Segment Analysis

● Detergents
● Construction
● Paper and Pulp
● Water Treatment
● Metal Casting
● Others

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The global Sodium Silicate market profiles key players such as:

●Evonik Industries
● Nippon Chemical
● PQ Corporation
● Huber
● PPG Industries
● BASF
● W.R Grace & Co.
● Oriental Silicas Corporation
● Albemarle
● Tokuyama Siltech Co., Ltd.
● Silmaco NV
● OxyChem Corporation
● Occidental Petroleum Corporation

Regional Analysis of the Sodium Silicate Market

In 2023, the Asia Pacific region experienced the most rapid growth in the global sodium silicate market, as indicated by the region’s geographical segmentation. It is expected that the region will continue to maintain its status as the dominant region in the years ahead, given the increasing number of development projects that are being implemented throughout the region. Other variables that are expected to contribute to the growth of this regional market during the specified time period include an increase in the demand for smart buildings, an increase in disposable income, and an increase in the number of infrastructure advancements.

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