The market for sodium silicate is anticipated to be valued at US$ 8.5 billion in 2023 and to grow at a CAGR of 4.0% to US$ 12.6 billion by the end of 2033.By the end of 2023, sodium silicate is expected to hold a about 24.3% global market share, dominating the detergent industry.
Silica and sodium carbonate, sometimes referred to as water glass, combine to form sodium silicate. It helps to regulate the PH value and is most frequently employed in the production of soaps and detergents. Because of the expanding demand in the infrastructure and building sectors, the sodium silicate market has shown steady growth over time. Numerous end-use applications, including adhesives and coatings, are suitable for sodium silicate.
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Market Players: -
- C THAI GROUP
- Hindcon
- PQ Corporation
- STPP GROUP
- Ankit Silicate
- Shanti Chemicals Works
- SBS Philippines Corporation
- Captain Industries
- ATDM
- Alumina DOO Zvornik
- CIECH Group
- Kiran Global Chem Limited
- Silmacao
Competitive Landscape
Sodium Silicate manufacturers are C THAI GROUP, Hindcon, PQ Corporation, STPP Group, Ankit Silicate, SHANTI Chemical Works, SBS Philippines Corporation, Captain Industries, ATDM, Alumina DOO Zvornik, CIECH Group, Kiran Global Chem Group, Silmaco.
The world’s leading manufacturers of sodium silicate are trying to increase their production capacity to meet the growing demand from the construction, paper and pulp industry. Manufacturers are also looking to adopt merger and acquisition strategies which can help them to increase production capacity as well as their presence in untapped markets.
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In August 2021, Cerberus Capital Management and KOCK Minerals Trading completed a partnership with PQ Corporation holdings. With this completion of the transaction, PQ became the world’s leading independent producer of sodium silicate.
Fact.MR has provided detailed information about the price points of key manufacturers of sodium silicate positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Segmentation of Sodium Silicate Industry Research
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By Form :
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Liquid
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Solid
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Powder
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Lump
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By Function :
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Binder
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Flocculant
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Intermediate
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Additive
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Preservative
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Emulsifier
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By End-Use :
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Detergent Production
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Soap Production
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Adhesives Production
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Water Treatment
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Bleaching Chemical Production
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Drilling Fluid Production
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Personal Care Formulation
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Shampoos
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Conditioners
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Lotions
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Others
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Paperboard Production
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Ceramic Production
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Others
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By Region :
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North America
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Latin America
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Europe
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East Asia
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South Asia & Oceania
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MEA
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How Application in Adhesive Production to Drive Sodium Silicate?
Sodium silicate adhesives are used for bonding surfaces and materials such as paper, mineral wool, mica, wood, and others. Sodium silicate is used in the production of adhesives. Hence, flourishing demand for the adhesive requires more sodium silicate for manufacturing, thus, driving the sodium silicate market growth.
The adhesive in the end user is expected to grow at 3.4% CAGR in the forecast period to reach a valuation of US$ 1.2 billion by the end of the forecast period.
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