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Increasing Hygiene and Sanitation Awareness Among Primary Factors Facilitating Global Sodium Silicate Market Growth

08-22-2022 11:01 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Inkwood Research

Sodium Silicate Market

Sodium Silicate Market

According to the estimations put forth by Inkwood Research, the Global Sodium Silicate Market is estimated to project a CAGR of 3.52% in terms of revenue and 2.89% in terms of volume during the forecasting years of 2021-2028.

"Browse 80 Market Data Tables and 49 Figures spread over 232 Pages, along with an in-depth TOC on the Global Sodium Silicate Market Forecast 2021-2028."

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Sodium silicate, also called water glass and soluble glass is a chemical compound constituting sodium oxide (Na2O) as well as silica (silicon dioxide, SiO2). It further forms a glassy solid and possesses the highly useful property of being soluble in water. Water glass is typically sold as powders, solid lumps, and clear syrupy liquids.

Increasing Awareness About Sanitation and Hygiene to Propel Market Growth
Sodium silicate solutions react with solutions of several soluble salts to form complex gelatinous precipitates utilized in soil stabilization. The pentahydrate form is generally recognized as safe (GRAS) by the Food and Drug Administration (FDA) for use in washing mixtures for fruits and vegetables, boiler water, sanitizing solutions for food-contact surfaces, in addition to being utilized as a denuding agent for tripe, a hog scald agent for hair removal, and as cooling and retort water agent for preventing staining on the exterior of canned goods. Furthermore, sodium metasilicate is also regulated by the Environmental Protection Agency (EPA).
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Solid is the Fastest-Growing Type in terms of Volume
Sodium silicate is typically used to make sand molded castings since it works like a high-strength binder. As a result, it glues the sand grains together very effectively. Moreover, sand cores become solid on exposure to carbon dioxide, in addition to staying resilient, as well. Molten metal can also be poured into them for foundry mold-making applications. The same liquid silicate can then be utilized to seal plaster well as concrete surfaces. The application of a thin continuous coat reduces the inherent porosity of these materials, thereby rendering them water repellant.

North America: Fastest-Growing Region in terms of Revenue and Volume
North America is a major industrialized region, with multiple divisions across categories such as medium, heavy, and small-scale sectors. The region's sodium silicate market is expected to project the fastest growth on account of the increasing demand in mining, in addition to water treatment as well as agricultural applications in the United States. Moreover, the incidence of significant global players such as PQ Corporation and PPG Industries further propel the sodium silicate market growth in North America.
The global market witnesses minimal focus on innovation. While the rivalry among firms in the pricing front continues to remain moderate, key players enjoy a significant advantage over other companies. As a result, the intensity of competition in the market is set to be high.
Some of the key players operating in the market are BASF SE, WR Grace & Co, PPG Industries Inc, etc.

Related Reports:
GLOBAL SMART WATER MANAGEMENT MARKET
GLOBAL INDUSTRIAL SALTS MARKET

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