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Sodium Silicate Market by Form, Application And Region - Global Forecast to 2022

Sodium Silicate Market: Global Forecast until 2022

  • May 2018
  • 134 pages
  • ID: 5391646
In this report:
However, according to International Monetary Fund (IMF), the economic growth in India is slightly declined from ##.##% in 2016 to ##.##% by 2017 due to the transitory effects of demonetization and the goods and services tax (GST) implementation.
In 2017, the per capita detergent consumption in India is around ##.## kg per year, and it is expected to grow during the forecast period.


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Sodium silicate market anticipated to register a Compound annual growth rate of 4.40 percent during forecast period

The sodium silicate market size is forecasted to grow from ~$8.9B in 2017 and attain ~$11.0B by 2022, at a compound annual growth rate of 4.40 percent between 2017 and 2022. Sodium silicate is a non-toxic, non-flammable, and non-explosive chemical manufactured by combining silicon dioxide and sodium carbonate or sodium hydroxide. It is a strong alkaline chemical having a high pH ranging from 10 to 13. The increasing demand for detergents globally and increasing demand for precipitated silica from the rubber & tire sector are the main drivers for the sodium silicate market during the estimate period. Hazardous effects of sodium silicate and use of substitutes in certain applications may act as business restraints for the sodium silicate market.

Liquid sodium silicate: quickest-rising form of sodium silicate

Liquid sodium silicate is forecasted to witness the highest increase during the outlook period.The growing demand for this form in the detergents, precipitated silica, pulp & paper, and water treatment applications is anticipated to raise the consumption of this form of sodium silicate globally.

Furthermore, the increasing demand for liquid detergents globally will make this form one of the most widely used sodium silicate form.

APAC projected to be the quickest rising market for sodium silicate

Asia-Pac is forecasted to be the quickest increasing market for sodium silicate.This is associated with the growing detergents production in the territory.

China (CN) is forecasted to be the quickest developing market for sodium silicate in Asia Pacific (APAC), succeeded by India (IN) and Japan (JP). The rising production of precipitated silica, construction materials, pulp & paper, and water treatment chemicals is driving the sodium silicate market in this area.

Extensive primary audit sessions were conducted to determine and verify the market value for various segments and sub-segments and info collected by secondary research.

The break-up of primary interviews is presented below:

• By Company category: Tier 1 - 30.0 percent, Tier 2 - 43.0 percent, and Tier 3 - 27.0 percent

• By Description: D-level - 21.0 percent, C-suite - 23.0 percent, and Others* - 56.0 percent

• By Area: Asia Pacific- 41.0 percent, Europe (EU) - 30.0 percent, North America continent - 16.0 percent, South America region - 7.0 percent, and Middle East (ME) & African continent - 6.0 percent

Note: The tiers of the firms are defined on the basis of their final revenue, as of 2016: Tier 1 = >USD 500 million, Tier 2 = $100.0M to $500.0M and Tier 3 =

*Others contain sales managers, marketing managers, and product managers.

The firms decribed in this research report contain PQ Corporation, Occidental Petroleum Corporation, Tokuyama Corporation, Nippon Chemical Industrial, BASF, Kiran Global Chem Limited, Sinchem Silica Gel, Shijiazhuang Shuanglian Chemical Industry, IQE Group, and CIECH.

Segment Research

This market research classifies the sodium silicate market based on form, application, and area.The study includes exhaustive information concerning the main factors influencing the increase of the sodium silicate market including drivers, industry restraints, opportunities, and possibilities.

An in-depth study of the main industry actors has been done to furnish industry insights into business overviews, products, top strategies, business growths, acquisitions, mergers, and other recent developments combined with the sector.

Reasons to Buy the Report

This study will help the industry leaders (and new entrants) in the following points:

1. This document breaks down the sodium silicate market comprehensively and offers the closest approximations of market sizes for the global market and sub-segments across verticals and localities.

2. The market research will facilitate partners distinguish the pulse of the sector and offer them information on the main market drivers, market restraints, opportunities, and alternatives.

3. This industry report will facilitate partners comprehend the top players and obtain business insights to improve their rank in the business sector. The competitive outlook section includes business developments, acquisitions, and mergers.

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