Sodium Silicate Market Demand is Foreseen to Rise at a CAGR of 4.22% by 2026

Global Sodium Silicate Market Analysis

According to Planet Market Reports, The Global Sodium Silicate Market was valued at USD 9.32 Billion in 2018 and is projected to reach USD 13.57 Billion by 2026, growing at a CAGR of 4.22% from 2019 to 2026.

What is Sodium Silicate?

Sodium silicate, which is also known as soluble glass or water glass, is a compound containing sodium oxide and silica. The viscosity of this sodium silicate fluctuates in accordance with the ratios of the silica and sodium oxide used. Sodium silicate is available as a nearly colorless, glass-like powder, or as a syrup-like liquid when mixed with water and heated under pressure. Sodium silicate has multiple applications such as in manufacturing, industrial and agricultural uses.

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Global Sodium Silicate Market Outlook

In the report, the market outlook section mainly encompasses the fundamental dynamics of the market which include drivers, restraints, opportunities, and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

With the growing demand for sodium silicate from the Pulp & Paper industry as well as due to the growth of the number of detergents being sold globally, the market of sodium silicate is growing. Other factors such as the growth in the construction industry are also facilitating the growth of the market. Factors such as the hazardous effects of sodium silicate as well as they are restraining the growth of the market.

Planet Market Reports narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Sodium Silicate Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

Global Sodium Silicate Market Competitive Landscape

The “Global Sodium Silicate Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as PQ Corporation, Sinchem Silica Gel, Shijiazhuang Shuanglian Chemical Industry, Tokuyama Corporation, Nippon Chemicals, IQE Group, CIECH, BASF, Occidental Petroleum Corporation and Kiran Global Chems Limited. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

Global Sodium Silicate Market, By Form

• Solid Sodium Silicate
• Liquid Sodium Silicate

Global Sodium Silicate Market, By Application

• Detergents
• Pulp & Paper
• Metal Casting
• Construction
• Water Treatment
• Precipitated Silica
• Others

Global Sodium Silicate Market Geographic Scope

• North America
• Europe
• Asia Pacific
• Latin America
• Rest of the World

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value USD Billion data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
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