Global Refractories Market: Key Drivers and Industry Forecast
The Global Sodium Silicate Market is projected to reach USD 6.83 billion by 2029, from 5.50 billion in 2024 at a CAGR of 4.4%. With a focus on Market growth and future opportunities, this report is a valuable resource for industry professionals, investors, and stakeholders. It includes figures, tables, charts, and insightful analysis. Moreover, the report provides a professional in-depth examination of the polyamide industry current scenario, CAGR, gross margin, revenue, price, production growth rate, volume, value, market share, and sodium silicate market growth are among the market data assessed and re-validation in the research.
Sodium silicate, also known as water glass, is produced by heating silica (sand) and sodium carbonate. It serves widespread applications in the fields of detergents, adhesives, water treatment, and cement. Its alkaline, high-binding, and heat-resistant properties make it indispensable for corrosion protection, sealing, and fireproofing. In addition to this, its capacity to increase durability and chemical stability has led to its increasing application in industrial and construction processes.
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By Form, Liquid segment accounted for the largest market share in 2024
In 2024, the liquid sodium silicate segment accounted for the largest market share because of its strong demand in major industries like detergents, water treatment, and construction. Its better solubility and simplicity of application make it the first choice in detergent formulations, where it improves cleaning efficiency. In water treatment, its capacity to inhibit pipe corrosion and stabilize pH levels propels its extensive use. Also, the construction industry more and more uses liquid sodium silicate for fireproofing and densifying concrete. The growth of the segment is further boosted by the development in production processes and growing industrial applications in the fast-developing regions, especially in Asia Pacific.
By Application, Detergents & Cleaning Agents segment accounted for the largest share in 2024
The cleaning agents and detergents segment held the largest market share in the sodium silicate market in 2024 because of its critical function of improving detergent performance. Sodium silicate has widespread uses in laundry detergents, dish soap, and industrial cleaning chemicals because of its water-softening, anti-corrosion, and emulsifying capabilities. Increased demand for household and industrial cleaning products, especially in populous areas such as Asia Pacific, has fueled heavy consumption. Also, expanded production capacity by major detergent companies and improvements in environmentally friendly formulations have further consolidated the dominance of the segment in the market.
Asia Pacific accounted for the largest share of the Sodium Silicate Market in 2024
In 2024, the Asia Pacific dominated the sodium silicate market on account of extensive industrialization, rising construction processes, and booming demand from detergent and paper segments. China, India, and Japan saw a high level of consumption with an expanding manufacturing sector and infrastructure schemes. The significant presence of the region in the production of detergents as well as in pulp and paper processing helped advance the market as well. Further, increased investments in wastewater treatment and environmental sustainability-promoting government regulations strengthened demand for sodium silicate in water treatment. Availability of raw materials and cost-efficient production also further solidified Asia Pacific's market leadership.
The major players in the Sodium silicate market with a significant global presence are PQ Corporation (US), Qemetica (Poland), Nippon Chemical Industrial Co., Ltd. (Japan), Occidental Petroleum Corporation (US), Tokuyama Corporation (Japan), Fuji Chemical Co., Ltd. (Japan), IQE Group (Spain), Oriental Silicas Corporation (Taiwan), Evonik Industries AG (Germany), Metro Chem Industries (Ahmedabad) etc. The market players have adopted various strategies such as partnerships, expansions, and acquisitions to strengthen their position in the Sodium silicate market.
PQ Corporation (US) is a leading manufacturer of silicates, silicas, and derivative products. The company uses raw materials such as silica, alumina, alkali, and water to create a range of products, including sodium silicate, silicas, silica gel, precipitated silica, zeolites, metasilicate, and specialty silicates. These products serve various purposes, including cleaning, purification, construction, silica, and chemical manufacturing. PQ Corporation has utilized the acquisition strategy to strengthen its business and increase its global reach. The company’s long-term presence in the market has created a good brand name for it in the market.
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Qemetica (Poland), formerly referred to as the CIECH Group is a prominent chemical firm located in Poland. The company operates across five sectors: soda, packaging, silicates, agro, and foam. Its operations encompass various products including silica, silicates, CARGO, soda, agro solutions, glass. The sodium silicates are produced and sold through its subsidiary, Qemetica Silicates S.A. It asserts that it is the largest supplier of silicates in Europe. Acquisition and expansion of business were some main strategies used by the company.
Nippon Chemical Industrial Co., Ltd. (Japan) is a prominent Japanese company specializing in the production of inorganic and specialty chemicals. The company’s inorganic chemical offerings include materials such as chromium, silicates, phosphorus, and barium. In the realm of specialty chemicals, Nippon Chemical produces a diverse range of products, including electronic ceramic materials, barium compounds, circuit materials, battery materials, organic phosphorous compounds, semiconductor materials, as well as pharmaceutical intermediates and agrochemicals. Expansion and investment strategies are used by the company.
Occidental Petroleum Corporation (US) is a US-based energy company and one of the largest oil producers in the United States. The company has three reportable segments: oil and gas, chemicals, and midstream and marketing. Under its chemicals segment, the company produces sodium silicate which is utilized in various end-use industries such as adhesives, cement, pulp and paper, detergents, and soaps. The company is known to promote sustainability and partners with various companies for carbon capture and reuse.
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Tokuyama Corporation (Japan), a prominent Japanese enterprise, specializes in the manufacturing of a diverse range of materials across several key business segments. These segments include electronic and advanced materials, chemicals, cement production, life sciences, and eco-business initiatives. Among its offerings in the chemicals segment, the company provides sodium silicate, which is available in solid form, catering to a variety of industrial applications. Recently, the company opened its subsidiary in India thereby expanding its market presence.
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