The global Sodium Silicate Market was valued at $6.8Billion in 2017 and is forecast to grow at a modestxx.3 % CAGR between 2018 and 2025, culminating in 2025 global sales of $8.7 Billion.
Sodium silicate is an inorganic chemical has versatile properties which can be obtained with others alkaline salts it is stable in alkaline & neutral solution. it is used in many industries & other applications as cement,detergents,adhesives, enhance oil recovery pipeline insulation also in steel industry also it is also used for the purpose of coating & bleaching of recycled paper products. Sodium silicate is formed by sodium carbonate & melting sand, it is prepared by reacting silica sand & sodium carbonate with a specific temperature at 1345 Celsius.
Sodium silicate is widely used in consumption inhibitor, general cleaning, in paper & mash industry, in the safeguarding of eggs, in cleanser make, in mining & development, in the foundry. Sodium silicate powder is used as a powder utilized for as fire resistant, emulsifier, an antitrust specialist.
“Optimal Price Point (OPP) for Sodium Silicate”
Estimated Average product/ service cost – $ xx globally. However, with improving access and availability of options, OPP and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.
Due to the wide array of products available in the market, pricing, positioning, and sales channel optimization play a vital role in the success of a product. On an average, in the China Sodium Silicate materialsare available at USD xxx- USD xxxx. However, the high-end products are available at much higher prices. The prices in emerging countries and developed countries vary significantly due to the difference in purchasing power and availability of latest products.
Sodium Silicates “byApplication Categories”
We have segmented the Sodium Silicates based on Application categories as Pulp & Paper, Catalysts, Detergents, Elastomers, Food &Healthcare. Sodium silicate is used for sizing& coating of the paper. Itacts as a catalyst in many chemical reactions,& used as a binder in coatings & paints which boost the market for the forecast period.
Asia Pacific for the maximum revenue share of over xx% in 2017 due to increased demand of Fire protection materials for construction followed by EU- Top 5 countries contribute $X.6 Billion in 2017 and expected to reach $x.5 Billion by 2023.
The key regions analyzed in the study include Asia-Pacific, North America, Europe Latin America and the Middle East and Africa. In 2017, Asia Pacific held the largest share Sodium Silicate market due to the demand for detergents globally, The Asia Pacific is expected to have the highest growth due to China & this would be followed by Europe.
The increase of tires, tube, construction & fire protection application the increasing populations generates a demand for sodium silicate. We are observing that a Sodium Silicate is a good option as it can create a good impact for Tube & tires, Detergents manufactures.
“Competitive Landscape” and“Merger & Acquisition Insights”
The key market participants include BASF SE, Nippon Chemical Industry Co Ltd, PPG Industries, Silmaco NV, Industrial Chemicals Ltd, Huber Engineered Materials, Glassven C.A, Evonik Industries are few major players in Sodium Silicatemarkets. The market for sodium Silicates is fragmented with a large number of global & local players. Merger &Acquisitions, collaborations & new products launch are some of the major strategies adopted by key market players. Apart from this innovation& new product development are a major focus area for dominant companies.
Sodium Silicates Market by Application Categories(Revenue, Million, 2014 – 2025)
- Pulp & Paper
- Food &Healthcare
Sodium Silicate Market Regional Outlook (Revenue, USD Million, 2014- 2025)
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
- South Africa
- Saudi Arabia
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