Sodium Silicate Market for Catalysts, Pulp & Paper, Detergents, Elastomers, Food & Healthcare – Global Market Outlook, Competitive analysis, Industry Trends By 2023

Sodium silicate, also known as waterglass or liquid glass, is extensively used in the manufacture of detergents, silica gel, cardboard, paper, textiles, paints, adhesives, pottery, sanitaryware, refractories, foundry, and wood processing industries. There are two grades of sodium silicate: neutral and alkaline. Materials of both grades are available either in liquid or solid form.

This report gives a detailed description of the sodium silicate market in terms of volume share (kilo tons) and revenue (US$ Mn) from 2015 to 2023. The report highlights factors contributing towards growth of the market and restraints affecting the market. Detailed forecast of the sodium silicate market has been provided from 2015 to 2023 for better understanding of the individual market scenario. The sodium silicate market is described with respect to its various segments along with expected opportunities in the next eight years.

We have included a detailed raw material analysis along with the value chain to give users of this report a comprehensive view of the sodium silicate market. An analysis of the Porter’s Five Forces Model for sodium silicate market has also been included to understand competitive intensity in the market. The study comprises market attractiveness analysis wherein applications are benchmarked based on market size, growth rate, and general attractiveness.

Based on geographic analysis, the sodium silicate market has been segmented into regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The market has been segmented on the basis of application types such as detergents, catalysts, pulp & paper, elastomers, food & healthcare, and others. The study segments the market based on application and provides forecast and estimates for each application segment in terms of revenue and volume during the forecast period. The study provides a detailed overview of the region based on application segments and estimates the market in terms of revenue and volume during the forecast period.

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The market estimates for this study have been based on volume, with revenues being derived through regional pricing trends. Price for each of the materials mentioned in the report has been considered, and customized product pricing has not been included. Additionally, the market has been analyzed based on expected demand, and the market data for each segment is based on demand volumes and corresponding revenues. Prices considered for calculation of revenue are average regional prices obtained through primary quotes from numerous regional suppliers, distributors, and direct selling regional producers. Furthermore, the market data is based on current information.

In order to compile the research report, we conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. This approach has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.

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The report also offers a competitive landscape of the global market with company profiles of players such as Albemarle, BASF SE, PQ Corporation, Evonik Industries AG, PPG Industries, Tokuyama Europe GmbH, and W.R. Grace & Company. A detailed description of the company overview in terms of headquarters, inception, stock listing, upcoming capacities, key mergers & acquisitions, financial overview, and recent developments give a thorough idea about the competitive positioning of players in the market. The report segments the sodium silicate market as follows: