According to a new report, published by KBV research, The Global Sodium Silicate Market size is expected to reach $15 billion by 2030, rising at a market growth of 4.0% CAGR during the forecast period. In the year 2022, the market attained a volume of 19,087.4 Kilo Tonnes, experiencing a growth of 3.2% (2019-2022).
The Solid segment would witness a CAGR of 4.5% during (2023 - 2030). Solid sodium silicate, whether anhydrous or crystalline, typically contains a higher silicate concentration than liquid forms. This higher concentration can be advantageous in applications requiring a more potent sodium silicate solution. Solid sodium silicate allows greater flexibility in formulating customized concentrations based on specific industrial requirements. This adaptability enables manufacturers to tailor products for diverse applications, contributing to its use in various industries. Solid sodium silicate can be designed for controlled-release applications. This is particularly beneficial in certain industrial processes where a gradual release of silicate is required over time, contributing to the efficiency and effectiveness of the application.
The Crystalline segment is registering a strong potential in the Global Sodium Silicate Market by Form in 2022 thereby, achieving a market value of $9.8 Billion by 2030. Crystalline sodium silicate is used in detergent manufacturing, particularly in powdered laundry detergents. It contributes to the formulation of detergent powders, enhancing their cleaning efficiency and providing stability. Crystalline sodium silicate is employed in water treatment processes, especially in solid form. Its coagulant properties aid in removing impurities and suspended particles from water, ensuring water purification for various industrial and domestic applications.
The Neutral segment is anticipated to have a CAGR of 5.5% during (2023 - 2030). Sodium silicate with neutral properties may find increased acceptance across diverse industries. A neutral pH can make it suitable for applications in food and beverages, pharmaceuticals, and cosmetics, where maintaining a specific pH level is essential for product safety and regulatory compliance. A neutral segment of sodium silicate may witness increased adoption in processes sensitive to pH changes. Industries such as electronics manufacturing, where precise pH control is crucial, can benefit from sodium silicate products with neutral properties.
The Construction segment is leading the Global Sodium Silicate Market by End User in 2022 thereby, achieving a market value of $5.2 Billion by 2030. In construction projects, especially road construction, sodium silicate is applied for soil stabilization. It helps enhance soil's stability and load-bearing capacity, providing a solid foundation for structures. Sodium silicate is applied in the production of coatings for concrete surfaces. These coatings protect against water penetration, enhancing the waterproofing properties of structures such as bridges, tunnels, and buildings. The precast concrete industry benefits from using sodium silicate as a key ingredient. It helps to produce precast concrete elements with greater strength, longevity, and resistance to environmental factors.
The Refractories segment is experiencing a CAGR of 4.5% during (2023 - 2030). Sodium silicate serves as an effective binder in the production of refractory materials. When mixed with refractory aggregates, it helps form shapes that can withstand extreme temperatures. The binding properties of sodium silicate contribute to the structural integrity of refractory linings in furnaces and kilns. Refractory castables, which are mixtures of refractory aggregates and binders, often utilize sodium silicate as a binder. Sodium silicate enables the formation of monolithic structures, providing flexibility in design and installation. This is especially important in steel, cement, and petrochemicals.
Full Report: https://www.kbvresearch.com/sodium-silicate-market/
The Asia Pacific region dominated the Global Sodium Silicate Market by Region in 2022 thereby, achieving a market value of $7.1 Billion by 2030, growing at a CAGR of 4.3 % during the forecast period. The North America market is experiencing a CAGR of 3.2% during (2023 - 2030). Additionally, The Europe region would witness a CAGR of 3.5% during (2023 - 2030).
By Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Form (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Grade (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By End User(Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Geography (Volume, Kilo Tonnes, USD Billion, 2019-2030)
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