Global Sodium Silicate Market By Type (Solid and Liquid) By Application (Detergents, Catalysts, Pulp & Paper, Elastomers, and Other Applications) By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

Sodium Silicate Market Overview:

The global sodium silicate market was worth USD 7,025 million in 2021. It is expected to grow at a 3.7% CAGR over the forecast period.

Product demand is expected to rise over the forecast period due to rising demand for sodium derivatives like zeolites, precipitated silica, and catalysts in chemical and biochemical processes. Sodium silicate, a key source of reactive silica, is in high demand across many industries, including paper, pulp, food and drink, detergent, rubber, and food and beverage. The market will see a rise in demand for silica gels or silica sols as well as paints, coatings, plastics, and ink.

Global Sodium Silicate Market Scope:

Type Analysis

Sodium silicate can be divided by type into two types: liquid and solid. In 2021, the largest market share was held by the liquid segment. 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. This is what drives the market growth.

The solid segment will grow at a higher rate of CAGR over the forecast period due to its ease of storage and handling.

Application Analysis

They are the most important applications of the substance, accounting for the largest market share in 2021. Due to its outstanding emulsification and wetting properties, the product is highly sought after as a detergent maker. The compound is used in detergents to reduce surface tension. This results in better dirt and soil removal.

To make its precipitates, the compound reacts with dissolved cations. This process produces two key downstream products: precipitated silica and zeolite. This segment is expected to grow in the future due to the growing demand for these products as catalysts in chemical and bioprocesses. They are an essential ingredient in the production of hydrogen peroxide bleach liquors. The market for sodium silicate is forecast to see an increase in its consumption over the forecast period.

One of the most important products made from sodium silicate is precipitated silica. It is used in the manufacture of silicone rubber compounds. It reduces the overall cost of silicone elastomers. The product also improves elastomers’ fatigue resistance and tensile and tear strength. It is expected to see significant demand for elastomers during the forecast period.

Key Market Segments:

By Type

•  Sodium
•  Liquid

By Application

•  Detergents
•  Catalysts
•  Pulp & Paper
•  Elastomers
•  Other Applications

Market Dynamics:

In 2021, the revenue for the compound in China stood at USD 1500 million. This is due to favorable government regulations and the growing pulp-and-paper industry in China, thanks to its large forest sector. These factors are expected to have a positive effect on market growth.

Manufacturing is capital-intensive and requires the use of many types of machinery, such as glass tank furnaces, agitators, and boilers, as well as storage drums. The main ingredients in the compound are silica and sodium carbonate. The final product specifications will determine the number of raw materials required to make the compound.

Certain key parameters influence the price trend for the compound, such as raw material cost and transport costs (depending upon customer location). The price of sodium carbonate (an important raw material to manufacture the compound) fell in 2021, which caused a decline in the end-products prices. The compound’s prices stabilized in 2021, and the prices quickly recovered.

The future price outlook is expected to be driven by the high investments made by manufacturing companies in R&D in order to improve the chemical or physical properties of their products. Over the forecast period, the demand will be driven by the rapid growth in end-use industries like food and beverage, catalysts, and elastomers.

Regional Analysis

The growth of Mexico’s pulp and paper industry, in conjunction with increased foreign investment, will have a positive effect on regional market growth. Major pulp and paper manufacturers in the region, such as Copamex and International paper, CMPC, and Smurfit Kappa, are expected to increase demand for the compound when it comes to manufacturing bleaching agents and binding agents.

Europe will account for 18.4% of the total revenue by 2025. The industry is expected to grow over the forecast period due to the growing demand for the compound in paper and healthcare. Glass-grade sodium silicate can be produced in the region at a rate of over 1,400 kilos annually. The manufacturers do not sell sodium silicates on the market because they are consuming the glass-grade sodium silicate in captivity.

Key Regions and Countries covered іn thе rероrt:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Market Share & Key Players Analysis:

Most companies will target products that are aimed at silica derivatives, such as precipitated silica and silica gel. To expand their application range in niche segments such as welding, cement, agriculture, and food, manufacturers will likely focus more on developing a variety of products.

To expand their product range and increase market share, market participants use strategies such as mergers and acquisitions, joint ventures, production capacity expansion, and joint ventures. BASF SE opened a new plant in Caojing in Shanghai, China, in 2017. It specializes in chemical catalysts. This was done to increase the production capacity and strengthen the regional presence of chemical catalysts.

W.R. Grace & Co., Chevron Products Company, and Chevron Products Company formed a joint venture called Advanced Refining Technologies. The companies announced in 2015 that they would invest USD 135 million in their joint venture to increase their production capability. The ART manufacturing plant is located in Lake Charles, Los Angeles. It focuses primarily on sodium silicate, additives, and fluid cracking catalysts.

Market Key Players:

•  РQ Соrроrаtіоn
•  W. R. Grасе & Со
•  Тоkuуаmа
•  РРG Іnduѕtrіеѕ
•  Nірроn Сhеmісаl
•  Нubеr
•  Аlbеmаrlе
•  Other Key Players

For the Sodium Silicate Market research study, the following years have been considered to estimate the market size: