Sodium Silicate Market Outlook - 2027
The global sodium silicate market size was valued at $7.2 billion in 2019, and is anticipated to generate $9.2 billion by 2027. The market is projected to experience growth at a CAGR of 3.7% from 2020 to 2027. The increasing applications of sodium silicate in detergents and cleaning agents are significantly driving demand in the sodium silicate market. Sodium silicate serves as a vital component in many cleaning formulations due to its ability to enhance cleaning efficiency. It functions as a builder that softens water, improves the performance of surfactants, and helps to prevent soil redeposition during the washing process.
Introduction
Sodium silicate, commonly known as water glass or liquid glass, is a chemical compound formed by the reaction of sodium oxide (Na2O) and silica (SiO2). It exists in various forms, including a colorless, odorless, and glassy solid or as a viscous liquid. The compound is characterized by its high solubility in water, producing an alkaline solution that has a high pH level. Sodium silicate's composition can vary, with different ratios of sodium oxide to silica, leading to various applications based on its specific properties.
Market Dynamics
As construction projects increasingly focus on durability and sustainability, sodium silicate's unique properties make it an essential component in various applications. Its role as a binding agent enhances the strength and resilience of concrete and cement, which is crucial for modern construction standards. Sodium silicate contributes to improved water resistance and adhesion in building materials, thereby extending the lifespan of structures and reducing maintenance costs. This increased focus on durability aligns with global trends toward sustainable building practices, further elevating the demand for sodium silicate in the construction industry. All these factors are expected to drive the demand for the sodium silicate market during the forecast period.
Sodium silicate is mainly produced from sodium carbonate and silica, both of which experience price fluctuations influenced by various factors, including supply chain disruptions, changes in production costs, and global economic conditions. When the prices of these raw materials increase unexpectedly, it results in higher production costs for sodium silicate manufacturers, which are often transferred to customers. This situation creates uncertainty around raw material pricing, making long-term planning and investment decisions more challenging for the sodium silicate industry. All these factors are expected to hamper the growth of the sodium silicate market during the forecast period.
Sodium silicate, commonly known as water glass, is widely used in the formulation of detergents due to its excellent properties, such as acting as a builder, providing alkalinity, and enhancing the cleaning efficacy of detergents. As the global detergent market continues to expand, driven by rising consumer awareness regarding hygiene, cleanliness, and the need for effective cleaning solutions, the demand for sodium silicate is expected to grow correspondingly. In addition to its role in boosting detergent performance, sodium silicate serves as a corrosion inhibitor and stabilizer, which further enhances the longevity and quality of detergents. With the shift towards more eco-friendly and phosphate-free detergents, sodium silicate is becoming a preferred choice due to its non-toxic, biodegradable nature. All these factors are anticipated to offer new growth opportunities for the global sodium silicate market throughout the forecast period.
Market Segmentation
The sodium silicate market is segmented on the basis of form, type, grade, application, end use, and region. Depending on form, the market is segmented into crystalline and anhydrous. By type, the market is bifurcated into liquid and solid. The grade segment is further divided into neutral and alkaline. Based on application, the market is divided into paints, adhesives, refractories, tube winding, detergent, catalyst, and others. Based on the end use, the market is categorized into pulp & paper, construction, automotive, and others. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Sodium Silicate Market, by Form
By form, the sodium silicate market is bifurcated into crystalline and anhydrous. The sodium silicate market was dominated by crystalline segment in 2019. It is also expected to continue the growth at higher CAGR during the forecast period. This is attributed to application in fireproofing mixtures, in laundry, dairy, metal, and floor cleaning. They are also used in deinking paper, insecticides, fungicides, washing carbonated drink bottles, and antimicrobial compounds. Such application of crystalline sodium silicates drives the market growth.
By Form
Crystalline is projected as the most lucrative segment.
Sodium Silicate Market, By Type
By type, the sodium silicate is divided into liquid and solid. The liquid segment dominated the market share in 2019. This was attributed to its use in many industrial and commercial applications such as in detergent/cleaning compounds, pulp and paper, paper board, building products/construction, textiles, ceramics, petroleum processing, and metals. Such application of liquid sodium silicates drives the market growth. However, the solid segment is expected to grow at a higher CAGR during the forecast period, owing to ease of handling and storage facilities.
By Type
Solid is projected as the most lucrative segment.
Sodium Silicate Market, By Grade
Depending on grade, the market is segmented into neutral and alkaline. The alkaline segment dominated the market share in 2019, owing to applications in adhesives & binders, pulp & paper, deinking, detergents/soaps, catalysts, textiles, drilling fluids, mineral processing, refractory cements, and zeolites. However, neutral segment is expected to grow at a higher CAGR during the forecast period, owing to increased applications in waste water treatment.
By Grade
Neutral is projected as the most lucrative segment.
Sodium Silicate Market, By Application
The application segment is divided into paints, adhesives, refractories, tube winding, detergent, catalyst, and others. The detergent segment dominated the market share in 2019, owing to increased cleaning and washing activities. However, the adhesive segment is expected to grow at a higher CAGR during the forecast period, owing to ease in applying, suitable viscosity, ease in penetration, and high strength.
By Application
Adhesives is projected as the most lucrative segment.
Sodium Silicate Market, By End Use
By end use, the market is segmented into pulp & paper, construction, automotive, and others. The construction segment dominated the market in 2019, owing to use in soil stabilization, concrete hardening, and cement refractories. However, the pulp & paper segment is projected to grow at a higher CAGR, owing to increased use in fresh as well as recycled paper for de-inking and brightening pulps.
By End Use
Pulp & Paper is projected as the most lucrative segment.
Sodium silicate Market, By Region
By region, the sodium silicate market analysis is done across North America, Europe, Asia-Pacific, LAMEA (Latin America, Middle East, and Africa). Asia-Pacific dominated the market in 2019, owing to presence of large number of corporations. However, North America is projected to grow at a higher CAGR during the forecast period, owing to rising activities in construction, detergent, catalyst, tube winding, and paper & pulp application of sodium silicate.
By Region
North America is projected as the most lucrative market.
Competitive Landscape
The key players operating in the market are Tokuyama Corporation, Evonik Industries AG, Merck Millipore Limited, Nippon Chemical Industrial Co. Ltd., PQ Group Holdings Inc., Occidental Petroleum Corporation, CIECH S.A., Sinchem Silica Gel Co. Ltd., Shijiazhuang Shuanglian Chemical Industry Co. Ltd., and Kiran Global Chem Limited.
Key Benefits For Stakeholders
- The report provides an in-depth analysis and sodium silicate market forecast along with the current and future market trends.
- This report highlights the key drivers, opportunities, and restraints of the sodium silicate market along with the impact analyses during the forecast period.
- Porter’s five forces analysis helps analyze the potential of the buyers & suppliers and the competitive scenario of the sodium silicate industry for strategy building.
- A comprehensive analysis of the factors that drive and restrain the sodium silicate market growth is provided.
- The qualitative data in this report aims on sodium silicate market trends, dynamics, and developments.
- The sodium silicate market size is provided in terms of revenue.
- The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable sodium silicate market share.
Sodium Silicate Market Report Highlights
Aspects | Details |
By Form |
|
By Type |
|
By Grade |
|
By Application |
|
By End User |
|
By Region |
|
Key Market Players | TOKUYAMA CORPORATION, CIECH S.A., SHIJIAZHUANG SHUANGLIAN CHEMICAL INDUSTRY CO. LTD., SINCHEM SILICA GEL CO. LTD., OCCIDENTAL PETROLEUM CORPORATION, KIRAN GLOBAL CHEM LIMITED, MERCK MILLIPORE LIMITED, NIPPON CHEMICAL INDUSTRIAL CO., LTD., PQ GROUP HOLDINGS INC., EVONIK INDUSTRIES AG |
Analyst Review
According to the insights from executives, the sodium silicate market is growing at significant rate. This is attributed to availability of the product in bulk size. Moreover, it is a cost friendly product and is easy to use and thus, has several applications across various end-use industries such as construction, agriculture, textiles, automobile, pulp & paper, and others. In addition, the demand from paper & pulp, rubber & tire, and detergents & soap industries further boosts the sodium silicate market growth. Moreover, rise in application in the construction industry also offers lucrative opportunity for the sodium silicate industry growth. However, presence of substitutes in the market and hazardous nature of the product acts as restraint for market growth. According to the insights from executives, the sodium silicate market is growing at significant rate. This is attributed to availability of the product in bulk size. Moreover, it is a cost friendly product and is easy to use and thus, has several applications across various end-use industries such as construction, agriculture, textiles, automobile, pulp & paper, and others. In addition, the demand from paper & pulp, rubber & tire, and detergents & soap industries further boosts the sodium silicate market growth. Moreover, rise in application in the construction industry also offers lucrative opportunity for the sodium silicate industry growth. However, presence of substitutes in the market and hazardous nature of the product acts as restraint for market growth.
The total market size of global Sodium silicate Market is $7.2 billion in 2019.
Tokuyama Corporation, Evonik Industries AG, Merck Millipore Limited, Nippon Chemical Industrial Co. Ltd., PQ Group Holdings Inc., Occidental Petroleum Corporation, CIECH S.A., Sinchem Silica Gel Co. Ltd., Shijiazhuang Shuanglian Chemical Industry Co. Ltd., and Kiran Global Chem Limited are the emerging players in the industry.
Construction and paper & pulp industry is the major are of development in the industry followed by automobile and textiles.
Construction industry is projected to increase demand for sodium silicate market.
Growing cleaning industry, construction, and increased application in paper and pulp industry are emerging trend in the market.
The most influencing segment is detergent, catalyst, adhesives, and paints.
Asia-Pacific holds the maximum market share of the Sodium silicate market in 2019.
Bleaching, de-inking, soil stabilization, concrete gardening, buffering, saponifying are some of the applications that are expected to drive the adoption of Sodium silicate.
Loading Table Of Content...