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Extensive application in the cement sector to propel global sodium metasilicate pentahydrate market size by 2025
Sodium Metasilicate Pentahydrate Market
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With regards to purity, the sodium metasilicate pentahydrate market is segmented into 99%, 50%, and 29%. Studies suggest that the 50% sodium metasilicate pentahydrate market will garner noteworthy application in cement products, surpassing over $30 million by 2025. The cement industry is witnessing increasing product demand on account of growing construction and renovation activities, especially across developing countries like China, India, and Singapore.
Meanwhile, surging number of federal initiatives focused on promoting ecological & sustainable infrastructures could stimulate the demand for 50% sodium metasilicate pentahydrate in cement industry. The demand for laundry detergents from diverse industry verticals like hospital, textile, hotels, and restaurants have also surged in recent years, boosting the adoption of 99% sodium metasilicate pentahydrate. Estimates suggest that the washing powder & detergent sector is likely to cross USD 100 million within the forecast period.
In terms of product purity, Europe sodium metasilicate pentahydrate industry is projected to observe significant growth owing to mounting applications of 29% sodium metasilicate pentahydrate in the region. The market is projected to exceed $5 million through 2025 owing to the products extensive usage in the cosmetic sector.
An increase in the elderly population and rise in the usage of hair color by this demographic is likely to be a key factor augmenting segment share in the region. Shifting trends of the millennial population in adopting fashion trends such as hair bleaching and coloring would further add up to segment growth through the forthcoming timeframe. This projection depends upon the fact that sodium metasilicate pentahydrate is utilized as peroxide bleach stabilizer.
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Meanwhile, the APAC sodium metasilicate pentahydrate industry is projected to observe substantial growth owing to growing applications of 50% sodium metasilicate pentahydrate in China, Malaysia, Singapore, and India. The entire purity segment is projected to exceed $30 million through 2025.
Supportive government initiatives for ecological and sustainable construction activities would possibly impel a favorable market outlook. 50% sodium metasilicate pentahydrate is extensively used as a connecting agent in the manufacturing of refractory cement and its properties like chemical and heat resistance, and hardness.
Major key players in the market are American Elements, Nippon Chemical Industrial Co. Ltd., Silmaco, Sigma-Aldrich, Qingdao Darun Chemical Industrial Co. Ltd., Jay Dinesh Chemicals, Mistral Industrial Chemicals, Shanghai Yueda Industrial & Chemical Co. Ltd., Qingdao Hai Wan Chemical (Group) Co. Ltd., Henny enterprises.
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