Report Description
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.
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Scope
Lower cost of production in China and other countries in Southeast Asia have prompted sodium silicate producers to set up manufacturing units in these regions and shut down their plants in Europe and North America in the past few years. Hence, demand for sodium silicate is expected to be moderate during the forecast period.
Key Players
Key players in the sodium silicate market include PQ Corporation, PPG Industries, Evonik Industries AG, BASF SE, Tokuyama Europe GmbH, and W.R. Grace & Company. Some companies in the sodium silicate market are integrated across various stages of the value chain.
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