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What's driving the Sodium Silicate Market Size? | Top Key Players PPG Industries, BASF, Oxy, Albemarle Corporation, W.R Grace & Co, Evonik, CIECH Group, PQ Corporation

What's driving the Sodium Silicate Market Size? | Top Key Players PPG Industries, BASF, Oxy, Albemarle Corporation, W.R Grace & Co, Evonik, CIECH Group, PQ Corporation

 

 
The size of Sodium Silicate Market was anticipated as 9 billion in the year 2018 and is predicted to touch 10 billion till 2024, rising with a CAGR of 2% between the years 2018 to 2024 as per the research done by Global Market Insights, Inc.

Sodium silicate market, an inherent vertical of the specialty chemicals space, has already established its name in the billion-dollar league, owing to the extensive demand of the chemical compound across myriad end-use domains. Pertaining to the product’s low cost and ease of use, it has been deployed as a detergent, adhesive, cleaning compound, cement ingredient, binder, coagulating agent, and anticorrosive agent in numerous sectors, propelling sodium silicate market size. Indeed, the compound’s widespread and almost all-encompassing presence has facilitated sodium silicate industry to maintain a steady growth graph.

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The compound is also used as a catalyst, thus generating another profitable growth avenue for sodium silicate market. With continuous research and development programs being conducted to expand the area of application of the compound, it is certain that sodium silicate industry will continue to uphold its profitable position over 2017-2024. Detergents are one of the prime application arenas of sodium silicate industry since decades. This chemical compound is rather to incorporate into the detergent paste and helps in maintaining the viscosity and desired density of the detergent. The product is highly effective in removing spots, neutralizing acidic stains, dispersing proteins and suspending greasy particles in the wash liquid, thus impelling sodium silicate industry size from the detergent manufacturing sector.

It has been observed that among the varied uses of sodium silicate, the compound is known to efficiently function as a good adhesive. The subsequent deployment of this product as an adhesive has led to a major impetus in the growth graph of sodium silicate market. Sodium silicate adhesives have the inherent ability to easily expand and make contact, forming a rigid layer that is permanent, resistant to tears, and even possesses the capacity to withstand water and heat. The compatibility of sodium silicate adhesives on a varied range of substances like paper, metal and wood besides other materials, has spurred the sodium silicate market share further.

Of late, sodium silicate has found extensive application as an effective catalyst for the synthesis of biodiesels that have gained popularity as a sustainable fuel. Currently, amidst the backdrop of a scenario where the lookout for alternative fuel sources has become a race against time, manufacturing biodiesels through the transesterification of organic materials has become rather commonplace. In a bid to simplify the process, sodium silicate is used as an effective catalyst, thereby stimulating sodium silicate industry outlook. The ease of procuring the chemical compound has reinforced its position as a catalyst in the transesterification process. As biodiesels will continue to attain increased application in energy generation and alternative fuel source, sodium silicate market trends will continue to witness a dynamic transformation in the ensuing years.

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Sodium silicate is used widely in other application domains such as water treatment, casting, coating, textiles, agglomeration, chemical injection, paper treatment and more. In consequence, this would prove to be a rather beneficial for the commercialization graph of sodium silicate market over the next few years. With numerous chemical companies working toward expanding the application scope of this compound, in addition to innumerable research & development programs being conducted to unearth further prospective product uses, sodium silicate market has been forecast to garner commendable profits over 2017-2024.

Glimpse of Table of Content (ToC)

Chapter 4. Sodium Silicate Market, Application By Form

4.1. Global sodium silicate market share of application by form, 2016 & 2024

4.2. Detergent

4.2.1. Market estimates and forecast by form, 2013 – 2024

· Liquid

· Powder

4.2.2. Market estimates and forecast by region, 2013 – 2024

4.3. Catalyst

4.3.1. Market estimates and forecast by form, 2013 – 2024

· Liquid

· Powder

4.3.2. Market estimates and forecast by region, 2013 – 2024

4.4. Pulp & paper

4.4.1. Market estimates and forecast by form, 2013 – 2024

· Liquid

· Powder

4.4.2. Market estimates and forecast by region, 2013 – 2024

4.5. Elastomers

4.5.1. Market estimates and forecast by form, 2013 – 2024

· Liquid

· Powder

4.5.2. Market estimates and forecast by region, 2013 – 2024

4.6. Food & healthcare

4.6.1. Market estimates and forecast by form, 2013 – 2024

· Powder

4.6.2. Market estimates and forecast by region, 2013 – 2024

4.7. Others

4.7.1. Market estimates and forecast by form, 2013 – 2024

· Liquid

· Powder

4.7.2. Market estimates and forecast by region, 2013 – 2024

Browse Full TOC @ https://www.gminsights.com/toc/detail/sodium-silicate-market

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://technologymagazine.org

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.


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