Ethyl Polysilicate Market | Covid-19 Impact Analysis

Ethyl Polysilicate Market Insights

Ethyl Polysilicate Market is likely to witness a healthy CAGR of 3.5% during the forecast period. The use of ethyl polysilicate as a binder and emulsifier in paints on account of its fast curing, high-adhesive features, and resistance from UV radiations and biological attack, is the major driving force expected to fuel the growth of the market during the forecast period.

Market Share Analysis

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Ethyl Polysilicate Market Share: By Product Type

Based on the product type, the market is segmented as ethyl polysilicate 28, ethyl polysilicate 32, and ethyl polysilicate 40. Ethyl polysilicate 40 is estimated to register a high growth rate globally during the forecast period. It is broadly used as a binder in paints, gels, emulsions, and in cement slurry because of its quickly drying capacity which gives advantage while working under extreme environmental conditions. It holds 40% of silica by weight and is capable of providing high adhesive strength that helps in maintaining durability of paints and emulsion for a longer period of time, and it is also capable of shielding walls from heat and thermal degradation, which is likely to accelerate the growth of the market over the forecast period.

Ethyl Polysilicate Market Share: By Application Type

Based on the application type, the market is segmented as residential binding agent, cross-linking agent, adhesive agent, and synthesis of silica. The binding agent application segment is estimated to witness significant growth rate during the forecast period. Binding agent has its utilization as a binder in the sector of construction, which is attributed to its property of linking that gives an advantage to constructors for removing pores and airy patches which weaken the physical strength and mechanical stability. Further, it also enhances the adhesive strength by improving the strength-to-weight ratio, accompanied by rigidity and robust features which is expected to have a positive influence on the ethyl polysilicate market during the forecast period.

Ethyl Polysilicate Market Share: By End-Use Type

Based on the end-use type, the market is segmented as paints and coatings, textiles, chemical, metals, pharmaceuticals, and optical. Textile is used as a chemical modifier in the textile industry and the growth of the segment can be attributed to its advantages of decreasing shrinkage and providing resistance from dust and decay. Further, it also improves finishing by imparting dirt-repellent feature to yarns and fabrics, which may ramp up the market growth during the forecast period.

Ethyl Polysilicate Market Share: By Region

In terms of regions, Asia-Pacific is estimated to witness high growth rate during the forecast period, which is attributed to growing textile industry, with South Korea, China, Japan, and India being the major countries offering lucrative growth opportunities. Ethyl polysilicate is utilized in manufacturing of clothes so as to reduce shrinkage of garments and have the advantage of repelling dirt and particles in clothing material, which is likely to pace up the growth of the ethyl polysilicate market during the forecast period.

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Some of the key players in the ethyl polysilicate market are-

• Colcoat Co., Ltd.
• Evonik
• Momentive
• Nangtong Chengua Chemical Factory
• R. Khan Industrial Consultants Pvt. Ltd.
• Tritech Catalyst and Intermediate Pvt. Ltd.
• USI Chemical
• Wacker
• Zhangjiagang Fortune Chemical Co. Ltd.
• Zhangjiagang Longtai.

Market Scope & Segmentation

Ethyl polysilicate is a transparent liquid containing either 28%, 32%, or 40% silica by weight and acts as a binder having a cross-linking property that helps in removing pores and airy patches which may badly affect the mechanical stability and physical strength. It also increases adhesive strength by improving the strength-to-weight ratio accompanied by robustness and rigidity.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The ethyl polysilicate market is segmented into the following categories. 

Ethyl Polysilicate Market Size, Share, & Forecast, by Product Type:

• Ethyl Polysilicate 28 (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Ethyl Polysilicate 32 (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Ethyl Polysilicate 40 (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Ethyl Polysilicate Market Size, Share, & Forecast, by Application Type:

• Residential Binding Agent (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Cross-linking Agent (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Adhesive Agent (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Synthesis of Silica (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Ethyl Polysilicate Market Size, Share, & Forecast, by End-Use Type:

• Paints and Coatings (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Chemical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Metals (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Textiles (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Pharmaceuticals (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Optical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Ethyl Polysilicate Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the application types by end-use type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].