The global liquid sodium silicate market is analyzed to expand from $10.26 billion in 2019 to $17.55 billion by 2030 and the market is projected to showcase 4.3% CAGR during the forecast period 2020-2030.
Liquid sodium silicate is a chemical, generally a less hazardous one that is utilized in several applications across the globe. The diversified and essential applications are leading to an increased need for liquid sodium silicate.
Liquid sodium silicate has various important and unique characteristic that are not exhibited by several other alkalis and salts. These valuable characteristic properties as well as its low cost leads to their use in various applications in a wide range of diverse end use industries. Liquid Silicate is a harmless chemical that is used throughout the world in many applications. The liquid sodium silicate has several unique important properties which other alkaline salts do not share. In various industries, liquid sodium silicate is used such as detergents, adhesives, binder, cement, ingredients for cleaning agents, various layers, anticorrosive agents, deflocculants, catalysts, chemicals, etc.
The rise in demand for cost-effective adhesives, particularly in the pulp and paper and cement industries, is anticipated to support the growth of the global market for liquid sodium silicate during the forecast period. The growing demand for adhesives is projected to drive the growth of liquid sodium silicate in the paper and pulp and cement industry. As many companies with large capacity are involved worldwide, the market for liquid sodium silicates is highly competitive. The liquid sodium silicate is used to attach fibre drums, towel core, toilet fabrics, laminate paperboard etc. Because of its low-cost, environmentally friendly and nontoxicity, many producers prefer to use liquid sodium silicate over other adhesives.
The global liquid sodium silicate market can be bifurcated on the basis of application and geography. Based on application, the global liquid sodium silicate market can be sub-segmented into detergents, catalysts, elastomers, pulp & paper and others. Geographically, the global liquid sodium silicate market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
Major players operating in the global liquid sodium silicate market include Occidental Petroleum Corporation US, PQ Corporation US, Nippon Chemical Industrial Japan, Tokuyama Corporation Japan, Kiran Global Chem Limited India, BASF Germany, Shijiazhuang Shuanglian Chemical Industry China, Sinchem Silica Gel China, CIECH Poland and IQE Group Spain among others.
Market Segmentation:
By Application
- detergents
- catalysts
- elastomers
- pulp & paper
- others
By Regions
- North America
- Europe
- Asia-Pacific
- South America
- Middle East and Africa
