Market Size of Sodium Silicate Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR (2024 - 2029) | 4.87 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Asia-Pacific |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Sodium Silicate Market Analysis
The Sodium Silicate Market size is estimated at 8 Million tons in 2024, and is expected to reach 10.15 Million tons by 2029, growing at a CAGR of 4.87% during the forecast period (2024-2029).
The COVID-19 pandemic negatively impacted the market. This was because of the shutdown of the manufacturing facilities and plants due to the lockdown and restrictions. Supply chain and transportation disruptions further created hindrances for the market. However, the industry witnessed a recovery in 2021, thus rebounding the demand for the market studied.
- Over the medium term, the increasing demand for waste paper recycling and increasing demand for precipitated silica from the rubber and tyre industry are some of the factors driving the growth of the market studied.
- On the flip side, stringent government regulations and increased health risks due to the hazardous effects of sodium silicate are expected to hinder the growth of the sodium silicate market.
- However, growth in construction sector is anticipated to provide numerous opportunities over the forecast period.
- Asia-Pacific dominated the market, owing to the high demand from various applications.
Sodium Silicate Industry Segmentation
Sodium silicate, commonly known as 'water glass,' is prominent due to its wide commercial and industrial applications. It is often composed of an oxygen-silicon polymer backbone housing water in molecular matrix pores. The market is segmented based on type, application, and geography. By type, the market is segmented into solid and liquid. By application, the market is segmented into adhesives and paints, detergents, food preservation, precipitated silica, paper production, water treatment, and other applications (construction, metal casting). The report offers market size and forecasts for 15 countries across major regions. For each segment, market sizing and forecasts have been done on the basis of volume (tons) for all the above segments.
| Type | |
| Solid | |
| Liquid |
| Application | |
| Adhesives and Paints | |
| Detergents | |
| Food Preservation | |
| Precipitated Silica | |
| Paper Production | |
| Water Treatment | |
| Other Applications (Construction, Metal Casting) |
| Geography | |||||||
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Sodium Silicate Market Size Summary
The sodium silicate market is poised for growth over the forecast period, driven by increasing demand in various sectors such as waste paper recycling and the rubber and tire industry. Despite the initial setbacks caused by the COVID-19 pandemic, which disrupted manufacturing and supply chains, the market has shown signs of recovery. The compound's versatility in applications ranging from detergents to water treatment solutions underscores its importance in industrial processes. However, the market faces challenges from stringent government regulations and health concerns related to its hazardous effects. Nonetheless, the burgeoning construction sector presents significant opportunities for market expansion.
Regionally, Asia-Pacific dominates the sodium silicate market, fueled by robust industrial activities in countries like China and India. The region's demand is bolstered by the extensive use of sodium silicate in water treatment and the growing paper and cardboard production industry. Initiatives in countries like South Korea and Indonesia to improve water sanitation and treatment infrastructure further enhance market prospects. The market is characterized by a partially consolidated structure, with key players such as CIECH Group, Kiran Global Chem Limited, and PQ Corporation leading the charge. Strategic collaborations, like the one between Evonik and the Porner Group, highlight ongoing efforts to innovate and meet the evolving demands of the industry.
Sodium Silicate Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Increasing Demand for Waste Paper Recycling
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1.1.2 Rising Demand for Precipitated Silica from the Rubber and Tyre Industry
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1.1.3 Other Drivers
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1.2 Restraints
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1.2.1 Hazardous Effects of Sodium Silicate
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1.2.2 Other Restraints
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1.3 Industry Value Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION (Market Size in Volume)
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2.1 Type
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2.1.1 Solid
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2.1.2 Liquid
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2.2 Application
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2.2.1 Adhesives and Paints
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2.2.2 Detergents
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2.2.3 Food Preservation
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2.2.4 Precipitated Silica
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2.2.5 Paper Production
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2.2.6 Water Treatment
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2.2.7 Other Applications (Construction, Metal Casting)
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2.3 Geography
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2.3.1 Asia-Pacific
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2.3.1.1 China
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2.3.1.2 India
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2.3.1.3 Japan
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2.3.1.4 South Korea
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2.3.1.5 Rest of Asia-Pacific
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2.3.2 North America
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2.3.2.1 United States
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2.3.2.2 Canada
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2.3.2.3 Mexico
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2.3.3 Europe
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2.3.3.1 Germany
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2.3.3.2 United Kingdom
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2.3.3.3 Italy
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2.3.3.4 France
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2.3.3.5 Rest of Europe
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle-East and Africa
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2.3.5.1 Saudi Arabia
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2.3.5.2 South Africa
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2.3.5.3 Rest of Middle-East and Africa
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Sodium Silicate Market Size FAQs
How big is the Sodium Silicate Market?
The Sodium Silicate Market size is expected to reach 8.00 million tons in 2024 and grow at a CAGR of 4.87% to reach 10.15 million tons by 2029.
What is the current Sodium Silicate Market size?
In 2024, the Sodium Silicate Market size is expected to reach 8.00 million tons.
