Sodium Silicate Market Report

Market Insights

"The global sodium silicate market size was estimated at USD 8.65 billion in 2023 and is likely to grow at a CAGR of 4% during 2024-2029 to reach USD 10.97 billion in 2029."

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Sodium silicate is a colorless compound composed of sodium and silica oxides. Its chemical formula varies based on the proportions of sodium oxide (Na2O) and silicon dioxide (SiO2). This compound is water-soluble and is produced by reacting silica sand with sodium carbonate at high temperatures between 1200°C and 1400°C. When dissolved in water, sodium silicate forms an aqueous solution known as water glass.

Market Dynamics

Market Drivers

With prospects in pulp and paper, construction, automotive, and other areas, the sodium silicate market has a bright future. The main factors driving this market include expanding end-use industry demand for precipitated silica, increased need for waste paper recycling, and the accessibility of sodium silicate. Government efforts to combat pollution are one of the new developments that are directly affecting the dynamics of the sector.

Key Players

The market is highly populated, with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors, including price, product offerings, regional presence, etc. The following are the key players in the sodium silicate market.

Here is the list of the Top Players (arranged alphabetically)

• BASF SE
• C THAI GROUP
• CIECH S.A.
• Evonik Industries AG
• IQE Group
• Kiran Global Chem Limited
• PQ

Note: The above list does not necessarily include all the top players in the market.

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Segment Analysis

By Type

"The solid segment accounted for the largest market share."

The market is segmented into solid and liquid sodium silicate. Solid will continue to be the market's largest category over the forecast period. Due to solid sodium silicate’s simplicity of handling, low cost of transportation, and simplicity of storage, solid will continue to be the market's largest category over the forecast period.

Regional Insights

"Asia-Pacific accounted for the largest market share."

Asia-Pacific is expected to remain the largest market during the forecast period, due to the presence of a significant number of enterprises, increased building and construction activities, and rising spending power among the population in the region, Asia-Pacific will continue to be the largest market.

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Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s sodium silicate market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a 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 books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both 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 market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.

What Deliverables Will You Get in this Report?

Market Segmentation

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 sodium silicate market is segmented into the following categories.

By Type

• Liquid
• Solid

By Application Type

• Paint
• Adhesive
• Refractories
• Tube winding, detergent
• Catalyst
• Silica Manufacturing
• Elastomer
• Food
• Healthcare
• Others

By Grade Type

• Neutral
• alkaline

By End Use Type

• Pulp and Paper
• Construction
• Automotive
• Others

By Region

• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: Japan, China, India, and the Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Brazil, Argentina, and Others)

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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 three players)
• SWOT analysis of key players (up to three players)

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 to sales@stratviewresearch.com.