An Incisive, In-depth Analysis on the Sodium Silicate Market
This study offers a comprehensive, 360 degree analysis on the Sodium Silicate market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Sodium Silicate market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Sodium Silicate Market Exhibits Persistent Growth
The sodium silicate market was valued at US$ 5.6 Bn in 2018 owing to versatile end-uses and cost efficiency. Detergents, adhesive, coating, deflocculates, catalyst, and chemicals are a few of many industry applications of sodium silicate. The eco-friendly and non-toxic nature of sodium silicate positions it as a favorable alternative amidst increasingly stringent anti-pollution government policies.
Readily available raw materials such as silica sand, soda ash, and rice husk further propel manufacturing of sodium silicate. Supply and demand for the product exhibits cohesive growth trajectory during the forecast period (2019-2029).
Sustainable Manufacturing Trends Propel Sodium Silicate
Silica manufacturing from sodium silicate will lead market share on the back of multiplying demand for silica products such as quartz, and precipitated silica. Other application types considered for the market study are detergents, catalysts, pulp & paper, elastomers, food & healthcare, and others. Increments in disposable income of millennial consumers is increasing awareness and emphasis on cleanliness and hygiene.
Rising environmental concerns impel a manufacturing shift among paper and pulp manufacturers to adopt eco-friendly raw materials. Similarly, water treatment and soil stabilization applications employ sodium silicate as a cleaning agent and pH stabilizer. Collectively, these factors will bolster demand for sodium silicate during the forecast.
APAC in the Vanguard of Global Sales amid Infrastructure Development
Regionally, APAC accounts for more than half of the total market value. This can be attributed to value chain trends developing economies such as India, China, and Indonesia. For instance, infrastructure development is being undertaken by major APAC countries. Infrastructure development involves consumption of sodium silicate as an adhesive agent or binder that provides much needed strength at reduced costs.
The Indian sodium silicate market is set to grow at a promising 6% CAGR during the forecast period. North America and Europe collectively account for more than 21% of the market share. Boom in real estate of developed countries such as the US, UK will provide much needed capabilities to expand their footprint in these regions. The US exhibits stellar 12% CAGR during the forecast period while Germany exhibits positive growth rate through the end of 2029.
Innovative Applications Influence Competitive Landscape
Market players stand to gain from global expansion in developing markets and research & development of innovative applications in untapped industries such as welding, cement, agriculture, and food. Business strategies such as mergers & acquisitions, joint ventures, and expansion of production capacity are expected to be seen during the forecast period. Detailed profiles of leading players are included in this report covering their recent developments, key offerings, short-term and long-term strategies.
Prominent companies in the sodium silicate market include American Elements, J.M. Huber Corporation, MALPRO SILICA PRIVATE LIMITED, PPG Industries, Qingdao Dongyue Sodium Silicate Co Ltd, Zaclon, Shijiazhuang Shuanglian Chemical Industry, Tokuyama Corporation, BASF SE, Nippon Chemical Industrial, Evonik Industries AG, and IQE Group.
A recent market study published by Future Market Insights on the sodium silicate market includes global industry analysis for 2014-2018 and opportunity assessment for 2019-2029, and delivers a comprehensive assessment of important market dynamics. After conducting a thorough research on historic as well as current growth parameters, future growth prospects of the market are obtained with maximum precision.
Sodium Silicate Market: Segmentation
The global sodium silicate market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.
Chapter 01 - Executive Summary
The report begins with an executive summary of the Sodium Silicate market, which includes key findings from qualitative and statistical analysis of the market.
Chapter 02 - Market Overview
Readers can find the definition and detailed taxonomy of the market in this chapter, which will help them understand the basic information about the market.
Chapter 03 - Demand Analysis 2014-2018 and Forecast, 2019-2029
This section explains the global market value analysis and forecast for the market during the forecast period of 2019-2029. This chapter includes a detailed analysis of the historical market, along with opportunity analysis of the future. Readers can also find the absolute $ opportunity for the current year (2019), and an incremental $ opportunity for the forecast period (2019-2029).
Chapter 04 - Pricing Analysis
This section covers pricing analysis of the sodium silicate market at the regional level.
Chapter 05 - Market Background
This section explains the global market value analysis and forecast for the market during the forecast period of 2019-2029 and the key macroeconomic factors that are expected to influence growth of the market during the forecast period. This section also highlights the opportunity analysis for the market. This chapter also provides key market dynamics, which include drivers and restraints. Moreover, readers will understand key trends followed by leading manufacturers in the sodium silicate market.
Chapter 06 - Market Analysis 2014-2018 and Opportunity Assessment 2019-2029 by Region
This chapter explains how the market is anticipated to grow across various geographic regions such as North America, Latin America, Europe, Asia Pacific, Middle East and Africa (MEA).
Chapter 07 - Market Analysis 2014-2018 and Opportunity Assessment 2019-2029 by Application
Based on application, the market has been segmented into Detergents, Catalysts, Pulp & Paper, Elastomers, Food & Healthcare, and Others (coatings, agriculture, etc.) In this chapter, readers can find information about key trends and developments in the sodium silicate market and market attractiveness analysis, based on application type.
Chapter 08 - North America Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
This chapter includes detailed analysis of the growth of the North America market, along with country-wise assessment that includes the U.S. and Canada. Readers can also find pricing analysis, regional trends, and market growth based on feedstock type, end-use industry, and countries in North America.
Chapter 9 - Latin America Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
This chapter provides the growth scenario of the market in countries in Latin American such as Brazil, Mexico, and the rest of Latin America. Along with this, assessment of the market across target segments has also been provided.
Chapter 10 - Europe Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
Important growth prospects of the market in several countries such as Germany, the U.K., France, Spain, Italy, and the rest of Europe are included in this chapter.
Chapter 11 - MEA Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
This chapter provides information about how the market is anticipated to grow in major countries in the MEA region such as GCC countries, South Africa, Turkey, Northern Africa, and the rest of MEA during the forecast period.
Chapter 12 - Asia Pacific Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
Leading countries in the Asia Pacific region are prime subjects of assessment to obtain growth prospects of the Asia Pacific market in this chapter. Readers can find detailed information about growth parameters of the Asia Pacific market during the forecast period.
Chapter 13 - Emerging Countries Market Analysis 2014-2018 and Forecast 2019-2029
This chapter explains how the sodium silicate market is anticipated to grow across various emerging countries such as China, and India.
Chapter 14 - Market Structure Analysis
In this chapter, readers can find detailed information about tier analysis and market concentration of key players in the market, along with their market presence analysis by region and product portfolio.
Chapter 15 - Competition Analysis
In this chapter, readers can find detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in this report are American Elements, J.M. Huber Corporation, MALPRO SILICA PRIVATE LIMITED, PPG Industries, Qingdao Dongyue Sodium Silicate Co Ltd, Zaclon, Shijiazhuang Shuanglian Chemical Industry, Tokuyama Corporation, BASF SE, Nippon Chemical Industrial, Evonik Industries AG, and IQE Group.
Chapter 16 - Assumptions and Acronyms
This chapter includes a list of acronyms and assumptions that provides a base to the information and statistics included in the market report.
Chapter 17 - Research Methodology
This chapter helps readers understand the research methodology followed to obtain various conclusions as well as important qualitative and quantitative information about the sodium silicate market.