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Ethyl Polysilicate Market Report
The Ethyl Polysilicate Market is Segmented by Product Type (Ethyl Polysilicate 28, Ethyl Polysilicate 32, and Ethyl Polysilicate 40), by Application Type (Residential Binding Agent, Cross-linking Agent, Adhesive Agent, and Synthesis of Silica), by End...
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Note: The summary below might not have included insights on covid impact since we have large number of reports.
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.
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Ethyl Polysilicate Market – Snapshot |
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Growth |
3.5% for the next five years |
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Major Product Type |
Ethyl Polysilicate 40 |
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Dominant Application Type |
Binding Agent |
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Major End Use Type |
Textile |
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Region with the highest demand |
North America |
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Key Players |
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., and Zhangjiagang Longtai. |
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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.
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.
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.
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-
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.
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Ethyl Polysilicate Market Research Report - Features |
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Market Segmentation |
4 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
17 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The ethyl polysilicate market is segmented into the following categories.
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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.
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:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
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].
The ethyl polysilicate market is expected to witness an impressive growth of 3.5% CAGR in the foreseeable future.
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., and Zhangjiagang Longtai are among the key players in the Ethyl Polysilicate Market.
Asia-Pacific is estimated to witness high growth rate in the ethyl polysilicate market during the forecast period.
Ethyl polysilicate 40 is estimated to register a high growth rate in the ethyl polysilicate market during the next five years.
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