Sodium Silicate Market Insights by Leading Companies Future Growth, Revenue Analysis and Demand Forecast - 2022

Shibuya-ku, Tokyo, Japan, Japan, Dec 06, 2021, 06:05 /Comserve / -- The sodium silicate market size is expected to grow from USD 8.91 billion in 2017 and reach USD 11.03 billion by 2022, at a CAGR of 4.4% between 2017 and 2022.

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The sodium silicate market size is expected to grow from USD 8.91 billion in 2017 and reach USD 11.03 billion by 2022, at a CAGR of 4.4% between 2017 and 2022. Sodium silicate is a non-toxic, non-flammable, and non-explosive chemical manufactured by combining silicon dioxide and sodium carbonate or sodium hydroxide. It is a strong alkaline chemical having a high pH ranging from 10 to 13. The growing demand for detergents globally and rising demand for precipitated silica from the rubber & tire industry are the major drivers for the sodium silicate market during the forecast period. Hazardous effects of sodium silicate and use of substitutes in certain applications may act as restraints for the sodium silicate market.

“Liquid sodium silicate: fastest-growing form of sodium silicate”
Liquid sodium silicate is projected to witness the highest growth during the forecast period. The rising demand for this form in the detergents, precipitated silica, pulp & paper, and water treatment applications is expected to raise the consumption of this form of sodium silicate globally. Moreover, the rising demand for liquid detergents globally will make this form one of the most widely used sodium silicate form.

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The Final Report will cover the impact analysis of COVID-19 on this industry: Sodium Silicate Market Insights by Leading Companies Future Growth, Revenue Analysis and Demand Forecast - 2022

“Asia Pacific estimated to be the fastest-growing market for sodium silicate”
Asia Pacific is estimated to be the fastest-growing market for sodium silicate. This is associated with the increasing detergents production in the region. China is projected to be the fastest-growing market for sodium silicate in Asia Pacific, followed by India and Japan. The increasing production of precipitated silica, construction materials, pulp & paper, and water treatment chemicals is driving the sodium silicate market in this region.

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The Final Report will cover the impact analysis of COVID-19 on this industry: Sodium Silicate Market Insights by Leading Companies Future Growth, Revenue Analysis and Demand Forecast - 2022

Extensive primary interviews were conducted to determine and verify the market size for several segments and subsegments and information gathered through secondary research.

The break-up of primary interviews is given below:
• By Company Type: Tier 1 – 30%, Tier 2 – 43%, and Tier 3 – 27%
• By Designation: Director Level – 21%, C level – 23%, and Others* – 56%
• By Region: Asia Pacific– 41%, Europe – 30%, North America – 16%, South America – 7%, and Middle East & Africa – 6%

Research Coverage:
This research report categorizes the sodium silicate market on the basis of form, application, and region. The report includes detailed information regarding the major factors influencing the growth of the sodium silicate market such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into business overviews, products, key strategies, expansions, acquisitions, mergers, and other recent developments associated with the market.

The report will help market leaders/new entrants in this market in the following ways:
1. This report segments the sodium silicate market comprehensively and provides the closest approximations of market sizes for the overall market and subsegments across verticals and regions.
2. The report will help stakeholders understand the pulse of the market and provide them information on the key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders understand the major competitors and gain insights to enhance their position in the business. The competitive landscape section includes expansions, acquisitions, and mergers.

TABLE OF CONTENTS

1 INTRODUCTION 16
1.1 OBJECTIVES OF THE STUDY 16
1.2 MARKET DEFINITION 16
1.3 MARKET SCOPE 17
1.3.1 YEARS CONSIDERED FOR THE STUDY 18
1.4 CURRENCY 18
1.5 UNITS CONSIDERED 18
1.6 STAKEHOLDERS 18
2 RESEARCH METHODOLOGY 19
2.1 RESEARCH DATA 19
2.1.1 SECONDARY DATA 20
2.1.1.1 Key data from secondary sources 20
2.1.2 PRIMARY DATA 21
2.1.2.1 Key data from primary sources 21
2.1.2.2 Breakdown of primary interviews 22
2.2 MARKET SIZE ESTIMATION 23
2.3 DATA TRIANGULATION 25
2.4 ASSUMPTIONS AND LIMITATIONS 26

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