15-Jun-2020 | Facts and Factors
Findings from Facts and Factors report “Liquid Sodium Silicate Market By Type (Degradation of Pesticide, Surface Sterilization, and Other) and By Application(Residential and Commercial): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Liquid sodium silicate market in 2019 was approximately USD 480 million. The market is expected to grow above a CAGR of 7.8% and is anticipated to reach over USD 1,120 million by 2026.
The liquid sodium silicate is an un-hazardous substance used in many applications around the world. The rising market for liquid silicate sodium is driving important and diversified applications. Liquid sodium silicate has some important special properties that other alkaline salts do not share. These useful properties are used in a number of applications in various industries, along with their low cost efficiency. In different industries liquid sodium silicate is used as cleaning agents, sealants, binders, cements, additives in cleansing compounds, different coatings, chemicals etc. The unique characteristics and operational properties of liquid sodium silicate can also be used to efficiently and cost-effectively tackle a variety of problems which occur in chemicals and industrial processes.
Browse the full “Liquid Sodium Silicate Market By Type (Degradation of Pesticide, Surface Sterilization, and Other) and By Application(Residential and Commercial): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/liquid-sodium-silicate-market-by-type-degradation-of-1179
Improved demand for adhesives in the paper and pulp and cement industries over the forecast period is expected to drive development on the liquid sodium silicate market. The demand for liquid sodium silicate is highly competitive, leading to the presence of many large-scale producers worldwide. The growing use of liquid sodium silicate as an adhesive is driving the market for liquid sodium silicate in many production applications. Solid silicate sodium is used to attach fiber drums, napkins for paper and toilet units, laminates for paperboards and so on. Because of its minimal-cost, eco friendly and non-toxic nature, some producers prefer to use liquid sodium silicate. Over the forecast era, the availability of raw materials such as quartz sand and rice husk is expected to drive demand growth of liquid sodium silicate final cost for liquid sodium silicate depends largely on factors including the quality of the raw material, manufacturing costs and shipping costs. If rubber or tires are used as a filler, then the liquid sodium silicate is used sideways. Development of the automotive sector and rapid growth in the APEJ region are expected to drive the elastomers segment through the forecast period.
Combined with the rising cost of raw materials associated with liquid sodium silicate, high labor costs are expected to hamper key manufacturers ' gross margins over the forecast period. Nonetheless, several advances in manufacturing processes to replace conventional raw materials with replacements such as rice husks are likely to push new market entrants to join in the forecast period.
On the basis of type, Surface Sterilization dominated the market in 2019 and was accounted for approximately 61% shares world wide. This segement is projected to grow even more over the forecast period owing to its features such as comfortable to use, and convenient to implement. Based on application, Commercial segment held significant shares in 2019. The surge in growth of this segment is attributable to the rising food & beverage industry globally.
By region, North America dominated the global market in 2019, owing the strict application of safety measures in the food industy and increasing awareness among the population combined with easy accessibility and affordable cost of Liquid sodium silicate.
Top key players operating in the market are Kr Enterprises, Asian Haat, R.K.Transonic Engineers Pvt.Ltd, Taj Impex, Future Life, and Others.
This report segments the Liquid sodium silicate market as follows:
Global Liquid sodium silicate Market: By Type Segmentation Analysis
- Degradation of Pesticide
- Surface Sterilization
Global Liquid sodium silicate Market: By Application Segmentation Analysis
Global Liquid sodium silicate Market: Regional Segmentation Analysis
- North America
- The UK
- Rest of Europe
- Asia Pacific
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
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