Press release
Sodium Silicate Market is expected to reach USD 11.67 billion by 2024 | Key players Nippon Chemical, Evonik Industries, Huber, PQ Corporation, BASF, PPG Industries, Oriental Silicas Corporation, W.R Grace & Co.
According to the research report, the Sodium Silicate Market was valued expected to reach USD 11.67 billion by the end of 2024 with a CAGR of xx.xx% during the forecast period 2017-2024.
Sodium silicate market Overview:
Sodium silicate is a chemical compound composed mainly of sodium and silicon, and is easily soluble in water. These are transparent or liquid powders that are generally composed of oxygen and silicon polymer water in the form of a molecular matrix.
Browse details of 115 numbers of pages research report developed on Sodium silicate market @ https://www.researchcosmos.com/reports/world-sodium-silicate-market-to-2021-global-analysis-and-forecasts/7466617
Sodium silicate market Drivers and Restraints:
The sodium silicate market is expected to be driven by their growing demand as an adhesive in the paper and cellulose industry in the coming years. In addition, the increasing demand for sodium silicates for the manufacture of detergents as bleaching agents should continue to drive the market in the future. Sodium silicate chemicals are manufactured in the form of liquids or thick solids and are used in a variety of applications, such as passive fire protection, cement formulation, refractory ceramics, textiles and processing. They are also used to produce silica gel. Due to the diversity of sodium silicate applications, the demand for the chemical compound is expected to increase in the future. These are some of the factors that should boost the market during the estimated period.
Sodium silicate market Regional Analysis:
North America, Europe, Asia Pacific, Latin America, the Middle East and Africa are the regional segments of the world market for sodium silicate. The Asia-Pacific region recorded the highest growth rate in the market in 2017. The region is expected to maintain regional dominance in the coming years due to the growth of construction activity. The increase in disposable income, the growing demand for smart buildings and the growing infrastructure developments are some of the other factors that should boost this regional sodium silicate market during the forecast period. The European region is expected to offer significant opportunities for growth in the sodium silicate market in the coming years, due to the growing demand for this product in the paper and pulp industry, which is expected to boost this regional market.
Ask Free Sample of the report @ https://www.researchcosmos.com/request/world-sodium-silicate-market-to-2021-global-analysis-and-forecasts/7466617
Sodium silicate market Key Players:
Nippon Chemical, Evonik Industries, Huber, PQ Corporation, BASF, PPG Industries, Oriental Silicas Corporation, W.R Grace & Co., Tokuyama Siltech Co., Ltd., Albemarle, OxyChem Corporation, Silmaco NV, and Occidental Petroleum Corporation are some of the prominent players in the world sodium silicate market.
Sodium silicate market Segmentation:
By Type
• Neutral
• Alkaline
By Application
• Detergents
• Catalysts
• Pulp & Paper
• Elastomers
• Food & Healthcare
• Others (Including Coating, Agriculture, etc.)
By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
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Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.
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www.researchcosmos.com
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