Sodium Silicate Market to achieve considerable growth in 2024, APAC to remain a dominant growth avenue
Category: #business  By Sachin Pashte  Date: 2019-10-11
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Sodium Silicate Market to achieve considerable growth in 2024, APAC to remain a dominant growth avenue

Asia Pacific Sodium Silicate Market share is largely driven by the rapid expansion of end use industries in the region. Intensified investments in construction and infrastructure development in the region is favoring the product demand. Moreover, rising awareness regarding hygiene in the developing countries is likely to contribute towards regional growth. Against the backdrop of increasing spending capabilities, the demand for FMCG products is rising in the region in turn creating a conducive environment for the sodium silicate market growth.

Browse key industry insights spread across 320 pages with 382 market data tables & 25 figures & charts from the report, "Sodium Silicate Market" in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/sodium-silicate-market

Global Sodium Silicate Market outlook is strengthening on account of its usage across a broad spectrum of applications ranging from food to healthcare industries. In terms of revenue, global sodium silicate market size is anticipated to surpass USD 11 bn by 2024. Elevation in the level of awareness regarding sanitation is further fueling the product demand owing to its wide adoption as a vital composition in cleaning agents. Additionally, upsurge in demand for sodium silicate derivatives such as silica sols and silica gel in applications comprising plastics, ink, paints & coatings are fueling sodium silicate market trends.

Accelerated pace of oil & gas exploration activities, especially in the US has resulted in increased demand for sodium silicate to cater to the increasing fuel requirement. Rising demand for sodium silicate derivatives such as silica and zeolites as catalysts in various bio-based and chemical processes is also likely to augment the market outlook in the coming years. Additionally, the key players in the market are progressively replacing hazardous raw materials with novel substitutes such as rice husk, which is likely to open up new avenues for sodium silicate market expansion.

Liquid-based sodium silicate market demand is anticipated to inflate in the coming years due to its augmenting use in the paper & pulp and adhesives sectors. It is used in fiber drum binders, paperboard laminates, toilet tissues, and paper towel cores due to its environment friendliness and zero toxicity levels. Powder sodium silicate market is also gaining massive traction driven by its rising popularity across a slew of applications such as detergents, soaps, and cleaning agents. The powder form is also being largely used as an emulsifier, antirust agent, anti-oiling agent, and flame-retardant agent.

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A slew of other such investments by the industry players to enhance the product portfolio is slated to strongly characterize the competitive landscape of sodium silicate market. Some of the key industry participants include PPG Industries, Evonik Industries, BASF, Huber, PQ Corporation, Nippon Chemical, W.R Grace, Oriental Silicas Corporation, Malpro Silica Private Limited, etc.

Major Point From Table Of Content:

Chapter 3. Sodium Silicate Industry Insights

3.1.  Industry segmentation

3.2. Sodium silicate market size and forecast, 2013 – 2024

3.3. Sodium silicate market ecosystem analysis

3.3.1.    Profit margin analysis

3.3.2.    Value addition at each stage

3.3.3.    Distributor channel analysis

3.3.4.    Vendor matrix

3.3.4.1.   List of key manufacturers

3.3.4.2.   List of key/potential customers

3.4.  Raw material analysis

3.5.  Innovation & technology trends

3.5.1.    Patent analysis

3.6.  Industry impact forces

3.6.1.    Growth drivers

3.6.1.1.   Rising product demand due to increasing awareness regarding hygiene

3.6.1.2.   Increasing oil & drilling activities

3.6.2.    Industry pitfalls & challenges

3.6.2.1.   Health hazards

3.6.2.2.   Fluctuating raw material prices

3.7.  Regulatory landscape

3.7.1.    U.S.

3.7.2.    Europe

3.7.3.    China

3.8.   Growth potential analysis

3.9.     Competitive landscape

3.9.1.    Strategic dashboard

3.10.  Porter's analysis

3.10.1.   Supplier power

3.10.2.   Buyer power

3.10.3.   Threat of new entrants

3.10.4.   Industry rivalry

3.11.  Regional price trends

3.11.1.   Cost structure analysis

3.11.1.1. R & D cost

3.11.1.2. Manufacturing & equipment cost

3.11.1.3. Raw material cost

3.11.1.4. Distribution cost

3.11.1.5. Operating cost

3.11.1.6. Miscellaneous cost

3.11.2.   Price by application

3.11.3.   Price by form

3.11.4.   Price by region

3.12.  PESTEL analysis

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/sodium-silicate-market

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About Author

Sachin Pashte    

Sachin Pashte

Sachin is into market research and web marketing since the last 2 years and has worked on multiple projects across various industries. He has expertise in writing promotional content for market research reports while his personal interests include the games of footbal...

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