The global liquid sodium silicate market is driven by an increasing demand for liquid sodium silicate in production of elastomers, detergents, and catalysts. There is also demand for its derivatives inclusive of zeolites, precipitated silica, and silica gels. As per PMR, the global liquid sodium silicate market will witness a CAGR of 2% between 2022 and 2030.
Key Market Influencers
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By type, alkaline liquid sodium silicate is expected to hold a larger market share as compared to the neutral one
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The construction sector is expected to dominate the liquid sodium silicate market in the near future
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Cleaning compounds & detergents consume liquid sodium silicate in maximum quantity
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Additionally, steady growth in the production of adhesives is expected to add to the revenue
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The Asia-Pacific holds the largest market share, with Europe and North America holding the second- and third-largest share. This could be attributed to the higher consumption on the part of cleaning compounds and detergents in the countries like India and China
Liquid sodium silicates end up being expensive as they are shipped with atleast 50% water. These factors are likely to hamper the liquid sodium silicate market. By application, the liquid sodium silicate market spans elastomers, pulp and paper, detergents, and catalysts.
Major Industry Players
The key players in the liquid sodium silicate market include
OxyChem Corporation,
Grace & Company,
PQ Corporation,
BASF,
PPG Industries,
Evonik Industries, Comfia Industries Pvt. Ltd., Glassven C.A., Nippon Chemical Industrial Co., Ltd., and Kiran Global Chem Limited.
The probable applications include agriculture, water treatment, mining, welding rods, ceramics, and cement. As of now, the bulk ships get transported through tanker, rail, or truck. Pumping or gravity are used for transferring large volumes.
Another advantage posed by liquid sodium silicate market is that it forms a semi-solid colloidal solution that does act as coagulant. Raw and wastewater could be treated with the coagulant. Also, as liquid sodium silicate market does away with zinc or phosphate.
It instead goes on to form a microscopic film inside the pipe used for waste water treatment, which, in turn, does act as corrosion inhibitor preventing leaching regarding lead solders. At the same time, utmost care needs to be taken while handling liquid sodium silicate. Contact with eyes could result in corneal burns, irritation, and pain.
Read the complete report at: Persistence Market Research
Source: Persistence Market Research