Global Sodium Silicate Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Sodium Silicate Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Type (Solid, and Liquid), Application (Adhesives and Paints, Detergents, Food Preservation, Precipitated Silica, Paper Production, Water Treatment, and Others), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Sodium Silicate Market was valued at USD 11,746.8 million in 2023 and is expected to reach USD 16,577.6 million by 2031 while growing at a CAGR of 4.4% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global sodium silicate market growth. Sodium silicate, commonly referred to as water glass or liquid glass, is a chemical compound composed of sodium oxide (Na2O) and silica (silicon dioxide, SiO2) in different ratios. Its prevalent form is an alkaline solution with a variable water content.
Increasing demand from end-use industries and rising construction activities are driving the growth of the sodium silicate market. However, fluctuating raw material prices and environmental concerns pose obstacles to market expansion.
Furthermore, the global sodium silicate industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Type Analysis
The Global Sodium Silicate Market is segmented among Solid, and Liquid, based on Type. In 2023, Solid accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Application Analysis
The Global Sodium Silicate Market is segmented among Adhesives and Paints, Detergents, Food Preservation, Precipitated Silica, Paper Production, Water Treatment, and Others, based on Application. In 2023, Detergents accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Sodium Silicate Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while Europe is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Alumina doo Zvornik, BASF SE, CIECH Group, C THAI GROUP, Evonik Industries AG6., FUJI SILYSIA CHEMICAL LTD., Hindcon, Kiran Global Chem Limited, Occidental Petroleum Corporation, PQ Corporation.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Sodium Silicate Market Dynamics
Drivers
Restraints
Opportunity
4. Global Sodium Silicate Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Sodium Silicate Market Segmentation, By Type
Global Sodium Silicate Market Share Analysis, By Type
Global Sodium Silicate Market Growth Analysis, By Type
Global Sodium Silicate Market Trends, By Type
o Solid
o Liquid
6. Global Sodium Silicate Market Segmentation, By Application
Global Sodium Silicate Market Share Analysis, By Application
Global Sodium Silicate Market Growth Analysis, By Application
Global Sodium Silicate Market Trends, By Application
o Adhesives and Paints
o Detergents
o Food Preservation
o Precipitated Silica
o Paper Production
o Water Treatment
o Other
7. Global Sodium Silicate Market Segmentation, By Region
Global Sodium Silicate Market Share Analysis, By Region
Global Sodium Silicate Market Growth Analysis, By Region
Global Sodium Silicate Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Alumina doo Zvornik*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
BASF SE
CIECH Group
C THAI GROUP
Evonik Industries AG.
Fuji Silysia Chemical Ltd.
Hindcon
Kiran Global Chem Limited
Occidental Petroleum Corporation
PQ Corporation
*Similar analysis will be provided for each company listed above.
