Sodium Silicate Market

Sodium Silicate Market Size 2023-2028

The Sodium Silicate Market is anticipated to grow from USD 10.34 billion in 2022 to USD 14.18 billion in 2028, with a CAGR of 5.2% during the forecast 2023-2028

Sodium silicate, also known as liquid glass, is made by reacting sodium carbonate and silica sand at high temperatures. Sodium silicate exists as a white powder when dry and is soluble in alkalis and water. Depending on the proportion of soda and silica, the shape can vary from viscous to liquid. It turned colorless, like a gaseous or liquid syrup-like powder when mixed with water and heated under pressure. In addition, sodium silicate is non-flammable, odorless, and will not impart any flavor to the contents of the package when used as an adhesive. Sodium silicate is a colorless compound of silica and sodium oxides. It is used in soaps, detergents, and in the manufacture of silica gel. It is used as a binder, cement, and putty. It is also used as a concrete wall covering as a sealer, fire retardant, and adhesive. Sodium silicate solutions have been used as ingredients in the drying process during the manufacture of powder detergent for many years. Sodium silicate also acts as a binder to impart the appropriate degree of "hardness" to spherical detergent particles, without affecting their solubility in water. Sodium meta silicates are very crucial ingredients in liquid and powder detergents for professional and industrial applications. They contain an optimal portion of alkali and soluble silica. The applications mentioned above in turn stimulate demand in the studied market.

Drivers & Restraints in the Sodium Silicate Market:

The increasing use of sodium silicate in detergents due to its good emulsifier and high buffering capacity is fueling demand for the product. Additionally, increased consumer health awareness, coupled with rising per capita income, is stimulating the growth of sodium silicate. The demand for products is increasing in water purification due to its corrosion-inhibiting properties as well as increasing environmental and climatic concerns and expanding population. In addition, BASF SE, a leading player in the sodium silicate market, has launched a new Ultrasion production line in Yeosu, South Korea, for water purification. The growing paper industry due to the increasing use of paper towels, tissue paper, and corrugated boards is driving the growth of the market.

The call for sodium silicate is affected by its utilization in bleaching and coating recycled products. In addition, regulatory standards set by governments for using recyclable products to reduce environmental problems are driving demand for the products. Consumption of sodium silicate in the construction industry is increasing due to resistance to water and high temperatures. In addition, the use of sodium silicate is increasing in tire manufacturing due to abrasion resistance. Market growth may be limited due to the harmful effect of the product on human health. Excessive human contact with chemical compounds can damage human health. Inhalation of sodium silicate may cause irritation of the mucous membranes and respiratory tract. The high concentration of the compound can also cause permanent damage to the lungs. Therefore, the use of products in limited strength due to the prevalence of strict government legislation may hamper demand.

SODIUM SILICATE MARKET REPORT COVERAGE:

Market Segmentation:

Sodium Silicate Market - By Type:

• Liquid

• Solid

Solid sodium silicate is anticipated to settle the majority during the forecast period because of simple and cheap transportation and storage. The liquid sodium silicate segment is anticipated to rule the sodium silicate market, owing to its escalating call in the paper and pulp industry as an adhesive.

Sodium Silicate Market - By Grade:

• Neutral

• Alkaline

Sodium Silicate Market - By Application:

• Paints

• Adhesives

• Refractories

• Tube Winding

• Detergents

• Catalyst

• Others

Detergents are one of the main applications of the substance and accounted for the largest market share in 2018. The product is in high demand as a manufacturer of detergents due to its superior emulsifying, wetting, and deflocculating properties. The application of the compound in detergents reduces surface tension, which allows for the better removal of dirt and grime. The compound reacts with the dissolved polyvalent cat-ions to give its precipitates. Zeolite and precipitated silica are the main downstream products obtained with this process. The increasing demand for these products as a catalyst of biochemical processes is expected to drive the segment during the forecast period. They are an important ingredient in the manufacture of hydrogen peroxide bleaches.

The increased consumption of the compound in the pulp bleaching industry to deactivate various metals including manganese, iron and copper is expected to bode well for the sodium silicate market during the forecast period. Precipitated silica is one of the key products made from sodium silicate. It finds a wide field of application in the production of silicone rubber mixtures. The product reduces the total cost of silicone elastomers. In addition, the product improves the fatigue, tensile, and tear resistance of elastomers. Consequently, a significant demand for elastomers is expected to increase during the projected period.

Sodium Silicate Market By Region Analysis:

• North America 

• Europe 
• Asia Pacific 
• Latin America 
• The Middle East and Africa 

The growth of the pulp and paper industry in Mexico, as well as the increase in foreign investment, is expected to have a positive impact on the growth of the regional market.

Europe is expected to account for a 19.5% share of total sales by 2026. Growing demand for the compound in pulp and paper and sanitary applications is expected to boost the industry over the projected period. The production capacity of glass-grade sodium silicate in the region exceeds 1,500 kilograms per year. The market in Germany is primarily driven by the growing demand for products as fillers in the elastomers industry and is expected to grow at a 1.9% CAGR in terms of revenue during the forecast period. The growth of the automotive segment, along with the presence of major tire manufacturers including Continental AG, Fulda, and Troester in the region, is expected to have a positive impact on the growth of the market. The construction sector in India was valued at over USD 137 billion and is expected to grow at a significant rate due to population growth and the increasing disposable income of consumers. The growth of the construction industry in India, mainly driven by the infrastructure sector, is expected to boost demand for cement and other binding materials.

North America is a major industrialized region that is home to multiple industries in the heavy, medium, and small-scale categories. The North American sodium silicate industry is expected to experience growth due to strong demand for products in mining, water treatment, and agricultural applications in the United States. The United States is one of the largest consumers of water in the world and has a consumption volume of 170 gallons per capita. About 82% of the wastewater treatment industry in the United States is state-owned and operated. This is touted as a potential driver for the sodium silicate market, as sodium silicate has been widely used in water treatment, since its approval as an additive for drinking water for human consumption, by the FDA and the EPA.The United States dominated the call for sodium silicate, because of the presence of multiple petroleum refineries, pulp and paper industries, and detergent manufacturing companies. The region's geographic advantage in terms of raw material availability is anticipated to positively impact the industry in the United States.

COVID – 19 Impact on Sodium Silicate Market:

Since the COVID-19 virus outbreak in December 2019, the disease has spread to nearly 120 countries around the world and the WHO has declared it a public health emergency. The worldwide impacts of the 2019 coronavirus disease are already beginning to be experienced and will remarkably affect the sodium silicate market in 2020. COVID-19 can affect the world economy in 3 key ways: directly affecting production and demand, creating supply chain and market disruptions, and through its financial impact on businesses and financial markets

Sodium Silicate Market Recent Developments:

• In January 2020, Lily Bioceutical's successful product launch for Beyond Flawless® Second Skin opens up a lucrative new category for beauty retailers. Until now, there was no usable treatment that instantly removes eye bags and wrinkles in addition to risky surgery. 99% of the products available use sodium silicate (also called glass of water) to temporarily firm the skin. Sodium silicate crumbles leave a white residue and crack with the slightest movement of the face. In addition, the humidity and the inability to put on makeup make the products useless in social situations.

Sodium Silicate Market Key Players

Key players 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
• Tokuyama Corporation
• BASF SE
• Nippon Chemical Industrial
• Evonik Industries AG
• IQE Group