Boston, MA -- (SBWire) -- 03/21/2022 --Browse 80 market data Tables and 49 Figures spread over 232 Pages, along with in-depth analysis on the Global Sodium Silicate Market by Type, Grade, Form, End-Use, Application, & by Geography.
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global Sodium Silicate Market Scenario
Precipitated silica is produced by the controlled neutralization of dilute sodium silicate. Raw materials, such as sand, soda, ash, and others, are required for silicate. The sodium silicate and mineral acid are reacted to produce a slurry of amorphous silica particles. Among its various applications, precipitated silica is widely used in the tire and rubber industry to improve the tear resistance of truck and equipment tires. Moreover, precipitated silica is used in green tires due to their excellent dispersion capacity and low rolling resistance. Hence, the growing demand from the tire and rubber industry drives the growth of the sodium silicate market.
However, sodium silicate produces are majorly affected by the fluctuations in natural gas prices, impacting their transportation costs. This rise in energy and transportation costs urges liquid sodium silicate producers to surge their prices. The high transportation thus impedes the global market's growth.
The Global Sodium Silicate Market report provides data tables and includes charts and graphs for visual analysis.
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Market Segmentation
Market by Type
- Liquid
- Solid
Market by Grade
- Alkaline
- Neutral
Market by Form
- Crystalline
- Anhydrous
Market by End-Use
- Construction
- Pulp & Paper
- Automotive
- Other End-Uses
Market by Application
- Detergents
- Catalyst
- Adhesives
- Refractories
- Paints
- Tube Winding
Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2028, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2028
Companies Profiled
- BASF SE
- C THAI CHEMICALS CO LTD
- CIECH GROUP
- EVONIK INDUSTRIES AG
- IQE GROUP
- KIRAN GLOBAL CHEMS LTD
- MERCK MILLIPORE LIMITED
- NIPPON CHEMICAL INDUSTRIAL CO LTD
- OCCIDENTAL PETROLEUM CORPORATION
- PPG INDUSTRIES INC
- PQ CORPORATION
- SILMACO NV
- SINCHEM SILICA GEL CO LTD
- TOKOYAMA CORPORATION
- WR GRACE & CO
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Demand from Rubber Industry to Drive the Global Sodium Silicate Market
According to a new market research report launched by Inkwood Research, the Global Sodium Silicate Market is estimated to progress at a growth rate of 2.89% during the forecast period 2021-2028, attaining revenue worth $7.51 billion by 2028.