Liquid Sodium Silicate Market Size Worth USD 1.82 Billion by 2025 | CAGR: 7.3%
The liquid sodium silicate market is expected to grow at CAGR of 7.3% to reach USD 1.82 billion by 2025.
The Liquid Sodium Silicate is a non-hazardous chemical that exhibits several unique properties that are not offered by other alkaline salts. These associated benefits along with low-cost results in its usage in various applications in diverse industries. The final cost of this product depends upon factors such as operational cost, raw material cost, and transportation cost. Growing demand for adhesives in cement and paper & pulp industry is one of the important driving factors for this industry growth. For instance, as per the Capital Market Day (July 2017 estimates), the demand for adhesives has increased significantly, especially in the emerging markets. On the flip side, the liquid sodium silicate industry is highly competitive due to the presence of a number of manufacturers with large capacities worldwide. This would, in turn, reduce the bargaining power of suppliers & buyers, thus, pulling back the market growth to some extent.
The report on “Liquid Sodium Silicate Market” covered the potential of the Global Market and provides accurate statistics on market value, shares, and growth factors. The proposed report offers cutting-edge market intelligence and helps decision makers take sound investment evaluation. Besides, the study identifies and analyses the emerging trends along with major drivers, restraints, and opportunities in the global industry. Additionally, the report highlights market entry strategies for various key players across the world.
Browse 148 Tables and 68 Figures spread through over 150 Pages and in-depth TOC on “ Liquid Sodium Silicate Market, By Product (LSS A, LSS B, LSS C), By Application (Detergents, Catalysts, Pulp & Paper, Elastomers, Food & Healthcare) and by Geography (NA, EU, APAC, LATAM and MEA) – Analysis, Share, Trends, Size, & Forecast from 2019 – 2025“
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KEY HIGHLIGHTS
- This chemical is widely used as binders, sealants, emulsifiers, deflocculants, and buffers. Liquid sodium silicate is commonly used in pulp and paper and the detergent industry. The chemical helps in improving the efficiency and brightness of peroxide bleaching, lower the viscosity of liquid soaps and improve the action of the detergent.
- In terms of types, the industry is categorized as LLS A, LLS B, and LSS C. LLS A grade covers the NO2O/SiO2 ratio ranging from 3.5 to 3.22, whereas the LSS B and LSS C represent NO2O/SiO2 ratios ranging from 3.21 to 2.6 and 2.5 and 1.6 respectively. Of the different types, LSS A is projected to dominate the industry due to its high demand in various industries.
- Regionally, the Asia Pacific region is dominating the worldwide liquid sodium silicate industry. Of which, China is one of the dominant countries in the APAC region owing to the strong growth of the soap and detergent industry.
- OxyChem Corporation, PQ Corporation, PPG Industries, R. Grace & Company, Agrigenic Chemicals, Inc., Glassven C.A., M. Huber Corporation, MALPRO SILICA PRIVATE LIMITED, Aromachimie Company, and BASF SE are some of the key manufacturers covered in this study scope.
- The key manufacturers are analyzed based on attributes such as company overview, financial performance, liquid sodium silicate sales estimates, product offering, and strategic initiatives
The scope of this report covers the market by its major segments, which include as follows:
KEY MANUFACTURERS
- PQ Corporation
- OxyChem Corporation
- PPG Industries, Inc.
- Malpro Silica Private Limited
- BASF SE
- Grace & Company
- Occidental Petroleum Corporation
- Huber Corporation
- Glassven C.A.
- R. Grace & Company
- M. Huber Corporation
- Aromachimie Company Ltd.
- Agrigenic Chemicals, Inc.
MARKET, BY PRODUCT
- Liquid Sodium Silicate A
- Liquid Sodium Silicate B
- Liquid Sodium Silicate C
MARKET, BY APPLICATION
- Detergents
- Pulp & Paper
- Elastomers
- Catalysts
- Food
- Healthcare
MARKET, BY REGION
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Singapore
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Rest of MEA