Solid sodium silicate is estimated to be the largest form of sodium silicate

Sodium silicate market is classified into two forms, namely, solid sodium silicate and liquid sodium silicate. Solid sodium silicate is the most-widely used form of sodium silicate owing to its extensive use in the construction and fire protection applications because of its easy and low-cost transportation and storage.

It suitable for a wide range of applications such as manufacturing of refractories, ceramics, and firestop devices due to its easy and low-cost transportation and storage compared to liquid sodium silicate. Most of the solid sodium silicate is converted into the liquid form by dissolving in water for use in applications such as detergents, precipitated silica, pulp & paper, and water treatment.

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Detergents: fastest-growing application for sodium silicate

The sodium silicate market size for the detergents application is projected to register the highest growth during the forecast period. The consumption of sodium silicate in this application is growing due to the rising demand for sodium silicate for the manufacturing of detergents that are used for various cleaning and washing processes, such as domestic or industrial clothes washing; floor cleaning; washing of dishes, bottles, dairy equipment, and locomotives; and metal cleaning and degreasing.

The sodium silicate market size was estimated to be USD 8.91 Billion in 2017 and projected to reach USD 11.03 Billion by 2022, registering a CAGR of 4.4%. The growing demand for detergents globally and rising demand for precipitated silica from the rubber & tire industry are expected to be the major drivers for the global sodium silicate market during the forecast period.

Asia Pacific is estimated to be the largest market for sodium silicate. China is estimated to be the leading market for sodium silicate in Asia Pacific. India, Japan, and South Korea are the other major countries contributing to the growth of the sodium silicate market in the region. The increasing demand for sodium silicate from applications such as detergents and construction is expected to drive the sodium silicate market in these countries.

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SODIUM SILICATE MARKET – GLOBAL FORECAST TO 2022

The sodium silicate market size is projected to reach USD 11.03 billion by 2022, at a CAGR of 4.4% between 2017 and 2022. Sodium silicate is a white crystalline powder that is readily soluble in water. It is a strong alkaline chemical having high pH ranging from 10 to 13. Its alkaline nature makes it preferable for various applications such as detergents, precipitated silica, construction, pulp & paper, textiles, paints, foundry, and water treatment. Sodium silicate is a non-toxic, non-flammable, and non-explosive chemical. The growing demand for detergents globally and rising demand for precipitated silica from the rubber & tire industry are expected to be the major drivers for the sodium silicate market during the forecast period.

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Sodium silicate is used as an emulsifying agent, as a suspending agent, as a buffering agent, as a reserve for alkalinity, as a binding agent, as an adhesive, and as a builder for neutralizing or saponifying soil materials. The amount of water added to produce aqueous sodium silicate determines the grade of sodium silicate. Different grades of sodium silicate are produced as per the demand of applications. Precautions must be taken during the handling and use of sodium silicate as its high alkalinity makes it hazardous to eyes, skin, and lungs.

Increasing use of sodium silicate in the detergent application is expected to impact the dynamics of the industry. The rising demand for sodium silicate from the applications, such as precipitated silica, construction, pulp & paper, water treatment, metal casting, and food preservation is expected to drive the demand for sodium silicate, globally. The demand for sodium silicate is majorly increasing from the detergent application as sodium silicate is extensively used in the production of detergents as a strong alkaline agent and pH modifier.

Asia Pacific is expected to be the fastest-growing market for sodium silicate, followed by Europe. The high demand in the Asia Pacific region can be attributed to the growth in the production of detergents, pulp & paper, and construction materials in countries such as China, Japan, India, South Korea, and Taiwan. In addition, the growing population, rising purchasing power of consumers, and rapid urbanization in the countries of the region provide a favorable scenario for the consumption of sodium silicate.

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Expansions, Acquisitions, and Mergers were the Key Strategies Adopted by the Major Players to Achieve Growth in the Global Sodium Silicate Market.

The sodium silicate market size is projected to reach USD 11.03 Billion by 2022, at a CAGR of 4.4% between 2017 and 2022. Sodium silicate is a versatile inorganic chemical. It is produced as a white crystalline powder or in the form of lumps that are soluble in water. It is manufactured by melting sand/silicon dioxide (SiO2) and soda ash/sodium carbonate (Na2CO3) at a temperature above 1800 °F in a closed end furnace. Caustic soda/sodium hydroxide is used instead of sodium carbonate for the direct production of liquid sodium silicate. Sodium silicate is a non-toxic, non-flammable, and non-explosive chemical. It is a strong alkaline chemical having high pH ranging from 10 to 13. Its alkaline nature makes it preferable for various applications such as detergents, precipitated silica, construction, pulp & paper, textiles, paints, foundry, and water treatment. The increasing use of sodium silicate in various applications, such as detergents, precipitated silica, and pulp & paper, is expected to drive the market.

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Expansions, acquisitions, and mergers were the key strategies adopted by the major players to achieve growth in the global sodium silicate market between 2015 and 2018. The major players in the sodium silicate market are PQ Corporation (US), Occidental Petroleum Corporation (US), Tokuyama Corporation (Japan), Nippon Chemical Industrial (Japan), BASF (Germany), Kiran Global Chem Limited (India), Sinchem Silica Gel (China), Shijiazhuang Shuanglian Chemical Industry (China), IQE Group (Spain), and CIECH (Poland).

Nippon Chemical Industrial used expansions as its major strategy to increase its presence in the Southeast Asian market. In August 2017, Nippon Chemical Industrial established a new company JCI in Thailand through a joint venture with local capital. With this expansion, the company aims to expand its business in Southeast Asia, majorly in Thailand.

Tokuyama Corporation used mergers as its major strategy to strengthen its sodium silicate business. In February 2017, Tokuyama Corporation made an absorption-type merger (simplified merger) with its wholly-owned subsidiary Tokuyama Siltech (Japan). The company expects to increase the business of sodium silicate with this merger.

IQE Group used acquisition as its major strategy to increase its sodium silicate production capacity. In November 2015, IQE Group acquired the silicate division of PeroxyChem (US) that includes the silicate production line located at the La Zaida plant and the Zamudio factory in Spain. With this acquisition, the company has increased its production capacity and reduced its competition in Spain.

Related Reports:

Sodium Silicate Market by Form (Solid Sodium Silicate, Liquid Sodium Silicate), Application (Detergents, Precipitated Silica, Construction, Pulp & Paper, Water Treatment, Metal Casting, Food Preservation), and Region – Global Forecast to 2022

Sodium Silicate Market worth 11.03 Billion USD by 2022

The report “Sodium Silicate Market by Form (Solid Sodium Silicate, Liquid Sodium Silicate), Application (Detergents, Precipitated Silica, Construction, Pulp & Paper, Water Treatment, Metal Casting, Food Preservation), and Region – Global Forecast to 2022″, The sodium silicate market is expected to grow from USD 8.91 Billion in 2017 to reach USD 11.03 Billion by 2022, at a CAGR of 4.4% between 2017 and 2022. The sodium silicate market is driven by the rising demand for sodium silicate from applications such as detergents, precipitated silica, construction, pulp & paper, water treatment, metal casting, and food preservation.

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Browse 146 market data Tables and 38 Figures spread through 133 Pages and in-depth TOC on “Sodium Silicate Market”.

Solid sodium silicate is estimated to be the largest form of sodium silicate

Solid sodium silicate is the largest form of sodium silicate produced. It suitable for a wide range of applications such as manufacturing of refractories, ceramics, and firestop devices due to its easy and low-cost transportation and storage compared to liquid sodium silicate. Most of the solid sodium silicate is converted into the liquid form by dissolving in water for use in applications such as detergents, precipitated silica, pulp & paper, and water treatment.

Detergents application: fastest-growing application for sodium silicate

The sodium silicate market size for the detergents application is projected to register the highest growth during the forecast period. The consumption of sodium silicate in this application is growing due to the rising demand for sodium silicate for the manufacturing of detergents that are used for various cleaning and washing processes, such as domestic or industrial clothes washing; floor cleaning; washing of dishes, bottles, dairy equipment, and locomotives; and metal cleaning and degreasing.

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Asia Pacific accounts for the largest share of sodium silicate market

Asia Pacific is estimated to be the largest market for sodium silicate. China is estimated to be the leading market for sodium silicate in Asia Pacific. India, Japan, and South Korea are the other major countries contributing to the growth of the sodium silicate market in the region. The increasing demand for sodium silicate from applications such as detergents and construction is expected to drive the sodium silicate market in these countries.

The key companies profiled in the sodium silicate market research report are PQ Corporation (US), Occidental Petroleum Corporation (US), Tokuyama Corporation (Japan), Nippon Chemical Industrial (Japan), BASF (Germany), Kiran Global Chem Limited (India), Sinchem Silica Gel (China), Shijiazhuang Shuanglian Chemical Industry (China), IQE Group (Spain), and CIECH (Poland).