Sodium Silicate

Sodium Silicate

Global Sodium Silicate Market to Reach US$10.5 Billion by 2030

The global market for Sodium Silicate estimated at US$8.0 Billion in the year 2023, is expected to reach US$10.5 Billion by 2030, growing at a CAGR of 3.9% over the analysis period 2023-2030. Liquid Sodium Silicate, one of the segments analyzed in the report, is expected to record a 3.3% CAGR and reach US$7.6 Billion by the end of the analysis period. Growth in the Solid Sodium Silicate segment is estimated at 5.4% CAGR over the analysis period.

The U.S. Market is Estimated at US$2.2 Billion While China is Forecast to Grow at 6.0% CAGR

The Sodium Silicate market in the U.S. is estimated at US$2.2 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.1 Billion by the year 2030 trailing a CAGR of 6.0% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.4% and 3.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.7% CAGR.

Global Sodium Silicate Market - Key Trends and Drivers Summarized

Why Is Sodium Silicate Widely Used in Diverse Industrial Applications?
Sodium silicate, commonly known as water glass, is a versatile compound used in a variety of industrial applications due to its adhesive, binding, and corrosion-resistant properties. It is extensively used in detergents and cleaning products as a builder and corrosion inhibitor, enhancing the cleaning efficiency of surfactants and protecting metal surfaces from corrosion. In the construction industry, sodium silicate is used as a sealant, adhesive, and fireproofing agent in cement and concrete, improving durability and fire resistance. Sodium silicate also plays a vital role in water treatment processes, where it acts as a flocculant and coagulant aid to remove impurities and enhance water quality. Additionally, it is used in the paper and pulp industry as a deinking agent for recycled paper, and in the automotive and electronics sectors for manufacturing heat-resistant and insulating materials. The growing demand for high-performance materials across diverse industries is driving the sodium silicate market.

How Are Innovations in Production Processes and Applications Shaping the Sodium Silicate Market?
Technological advancements in the production processes of sodium silicate are enhancing its quality, efficiency, and sustainability, driving its adoption across various industries. Modern production techniques, such as hydrothermal synthesis, dry thermal process, and liquid phase method, are improving yield, reducing energy consumption, and minimizing waste generation in sodium silicate manufacturing. Innovations in sodium silicate-based formulations, such as nano-silica and colloidal silica, are expanding its applications in advanced coatings, adhesives, and sealants for automotive, electronics, and construction industries. The focus on green building materials and sustainable construction practices is promoting the use of sodium silicate as an eco-friendly sealant and binder in concrete and cement. Additionally, advancements in water treatment technologies are driving the demand for high-performance sodium silicate solutions that offer enhanced removal of heavy metals, phosphates, and other contaminants, supporting the market`s growth.

Which Market Segments Are Driving the Growth of the Sodium Silicate Industry?
Forms of sodium silicate include liquid and solid, with liquid sodium silicate holding the largest market share due to its versatility and ease of use in various formulations. End-use industries comprise construction, chemicals, water treatment, automotive, and electronics, with construction and chemicals being the dominant segments due to the extensive use of sodium silicate in cement, concrete, adhesives, and coatings. Geographically, Asia-Pacific is the largest market for sodium silicate, supported by its robust construction, automotive, and water treatment industries, while North America and Europe are also significant markets due to increasing demand for sustainable building materials and advanced water treatment solutions.

What Are the Key Drivers of Growth in the Sodium Silicate Market?
The growth in the Sodium Silicate market is driven by several factors, including the expanding construction and water treatment industries, technological advancements in sodium silicate production and formulations, and the increasing focus on sustainable and eco-friendly materials. The growing demand for durable and fire-resistant building materials, driven by green building initiatives and regulations, is driving the adoption of sodium silicate in construction applications. The expansion of the water treatment sector, driven by rising concerns over water quality and pollution, is fueling demand for high-performance sodium silicate solutions. Technological innovations in sodium silicate production and nano-silica formulations are enhancing its efficiency, versatility, and application scope, supporting market growth. Additionally, the increasing use of sodium silicate in the automotive and electronics industries for advanced coatings, adhesives, and insulation materials is creating new opportunities for market expansion.

Select Competitors (Total 11 Featured) -

• BASF SE
• C. Thai Chemicals
• Ciech S.A.
• Coogee Chemicals Pty., Ltd.
• IQE PLC
• Kiran Global Chems Limited
• Malpro Silica Pvt Ltd
• Nippon Chemical Industries Co., Ltd.
• Occidental Petroleum Corporation
• Oriental Silicas Corporation
• PQ Corporation
• QUIMIALMEL
• Sahajanand Industries
• Shaoxing Huasheng New Material Co., Ltd.
• Shayona Group
• Shijiazhuang Shuanglian Chemical Industry Co., Ltd.
• Silmaco NV
• Sinchem Silica Gel Co., Ltd.
• Tokuyama Corporation
• ZaklAdy Chemiczne Rudniki SA

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.