Sodium Silicate Market Segmentation by Form (Crystalline and Anhydrous); by Type (Liquid and Solid); by Grade (Neutral and Alkaline); by Application (Adhesives, Detergents, Paints, Catalysts, Refractories, Tube Winding, and Others); by End-User (Automotives, Pulp & Paper, Construction, and Others)-Global Demand Analysis and Opportunity Outlook 2031

Global Sodium Silicate Market Highlights over 2022-2031

The global sodium silicate market was valued at approximately USD 8 billion in 2021 and is estimated to further grow at a CAGR of 3% over the forecast period, i.e., 2022-2031. Sodium silicate is a colorless compound, usually found in the solid and liquid state, or as a white powder, that is soluble in water in any amount. It is most commonly used in detergents, soaps, water treatment, toothpaste, ceramics, in the synthesis of silica gel, and in various other applications.  The growth of the market can be attributed to the increasing demand for detergents worldwide and the growing use of sodium silicate in various end-user applications. The wide availability and cost-effective nature of sodium silicate are further driving the growth of the market.

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However, too much human contact with chemical compounds can lead to several health risks. Harmful effects of sodium silicate products on health and wavering prices of the products are restraining the market growth.

COVID-19 hampered the growth of the market in various sectors. The global sodium silicate market witnessed both positive and negative impacts. The growth of the sodium silicate market is dependent on the growth of the verticals using sodium silicate. One such example of a vertical is the pulp & paper industry. As there were worldwide restrictions and lockdown, it was difficult for the manufacturers of the pulp & paper industry to get the raw materials. Hence, the industry slowed down resulting in a negative impact on the sodium silicate market.  On the other hand, the detergent industry flourished during the pandemic owing to increased awareness about hygiene and sanitation.

The market is segmented by type into liquid and solid, out of which, the liquid segment is projected to witness significant growth over the forecast period on the back of its use in various applications as it is low in cost and hence, widely preferred by the manufacturers and consumers. Furthermore, key characteristics, such as solubility, non-toxicity, and environmental friendly nature are also propelling the growth of the segment.

By application, the market is segmented into adhesives, detergents, paints, catalysts, refractories, tube winding, and others, out of which, the detergent segment is anticipated to hold the largest share of the market over the forecast period owing to the amazing properties of sodium silicate, such as emulsification, wetting, and deflocculating. It helps in the effective removal of dirt, making the detergent a preferred choice in a wide range of applications.

Global Sodium Silicate Market Regional Synopsis

Regionally, the global sodium silicate market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. Asia-Pacific holds the largest share of the market owing to the enhanced socio-economic factors, infrastructural developments, and presence of key players in the market.  However, during the forecast period, the market in North America is estimated to grow at a CAGR of nearly 5%. The growth of the market in the region can be attributed to the presence of a large number of detergents manufacturing companies, and the growing pulp & paper industry. Moreover, a growing number of activities that utilize sodium silicate, such as tube winding, water treatment, construction, and others, in the region are further expected to accelerate the growth of the market.

Market Segmentation

Our in-depth analysis of the global sodium silicate market includes the following segments:

By Form

• Crystalline

• Anhydrous

By Type

• Liquid

• Solid

By Grade

• Neutral

• Alkaline

By Application

• Adhesives

• Detergents

• Paints

• Catalysts

• Refractories

• Tube Winding

• Others

By End-User

• Automotives

• Pulp & Paper

• Construction

• Others

Growth Drivers and Challenges Impacting the Growth of the Global Sodium Silicate Market

Growth Drivers:

• Increasing demand for detergents worldwide

• Growing use of sodium silicate in various end-user applications

• Wide availability and cost-effective nature of sodium silicate

Challenges:

• Harmful effects of sodium silicate products on health

• Wavering prices of the products

Key Companies Dominating the Global Sodium Silicate Market

Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the global sodium silicate market that are included in our report are CIECH S.A., BASF SE, C THAI GROUP, Kiran Global Chem Limited, PQ, Merck KGaA, Evonik Industries AG, IQE Group, Nippon Chemical Industrial CO., LTD, PPG Industries Inc., and others.

Latest Developments in the Global Sodium Silicate Market

April 2019: BASF SE invested in the up-gradation of its silica at the Düsseldorf-Holthausen site and further modernize and improve its existing facilities to meet the increasing silicate demand.

July 2018: CIECH became one of the largest European producers of sodium silicates with a more than 20% production hike in Vitrosilicon plant for glassy sodium silicate.

Key Reasons to Buy Our Report

• The report covers a detailed analysis comprising market share attained by each market segment and its sub-segments.

• It covers market dynamics including growth drivers, trends, potential opportunities, price trend analysis, and challenges that impact the market growth.

•  The report includes detailed company profiles of the major players dominating the market.

• We use effective research methodologies to calculate the market numbers and provide value-added assessments for overall growth.

•  We provide customized reports as per the clients’ requirements helping them to see possible and unexpected challenges and unforeseen opportunities in order to help them reach their goals.

Geography Analysis:

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

• North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
• Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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