The global sodium silicate market is expected to reach USD 12.55 Billion by 2028, according to a new report by Reports and Data. This is due to increasing demand for sodium silicates from the end-user industries.
Furthermore, the Sodium Silicate Market industry research report also offers actionable insights based on expert opinions to help readers make well-informed executive decisions. The Sodium Silicate Market market report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study key elements of the Sodium Silicate Market Market.
This is the latest report covering the current COVID-19 scenario. The coronavirus pandemic has greatly affected every aspect of the worldwide industry. It has brought along various changes in market conditions. The rapidly changing market scenario and initial and future assessment of the impact are covered in the research report. The report discusses all the major aspects of the market with expert opinions on the current status along with historical data.
Request a free sample of this report : https://www.reportsanddata.com/sample-enquiry-form/1998
North America region holds a key position in the market owing to the presence of several oil refineries, pulp & paper industries, and detergent manufacturing companies. Moreover, the easy availability of raw materials in the region is pivotal in driving market growth.
Further key findings from the report suggest
- By application, detergent contributed to the largest market share in 2018 and is expected to witness a growth rate of 3.4% in the forecast period. Sodium silicate is used as a building agent in many commercial detergents, owing to its benefits to prevent mineral deposits on surfaces after washing by eliminating water hardness.
- The Asia Pacific region dominated the market in 2018 and is projected to grow at a rate of 4.3% in the forecast period. This is primarily due to the growth in building and construction activities coupled with the increasing use of detergents in the region. Also, an increase in the purchasing power parity of the consumer due to rise in the level of disposable income of people is expected to drive the product demand in the region.
- Key participants include Evonik Industries AG, Solvay SA, PQ Corporation, BASF SE, CIECH Group, W.R. Grace & Company, Tokuyama Corporation, Sinchem Silica Gel Company Ltd., Shangyu Huachang Industrial Co., and PPG Industries Inc., among others.
- In April 2019, BASF made an investment in the modernization of its silica plant at the Düsseldorf-Holthausen location. The investment is allocated for the modernization and upgradation of existing facilities over the next ten years. The investment is intended to serve customers with high-value silicates.
Avail discount on this report : https://www.reportsanddata.com/discount-enquiry-form/1998
For the purpose of this report, Reports and Data have segmented the global sodium silicate market on the basis of product form, application, industry vertical, and region:
Product Form Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
- Liquid Sodium Silicate
- Solid Sodium Silicate
Application Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
- Adhesives & Sealants
- Elastomer
- Detergent
- Flocculants
- Catalyst
- Others
Industry Vertical Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
- Consumer Products
- Automotive
- Building & Construction
- Food & Beverage
- Oil & Gas
- Others
Regional Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
- North America
- U.S.
- Europe
- UK
- France
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- MEA
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/sodium-silicate-market
About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: http://google.co.ck/url?q=https://www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
Check our upcoming research reports @ https://www.reportsanddata.com/upcoming-reports
Top Market Experts 
Leave a comment