Latest News- Sodium Silicate Market: Detergent is expected to lead the Application segment during 2025-2029

The Sodium Silicate Market is being driven by Expansion of sodium silicate production facilities

The Sodium Silicate Market is expected to grow at a CAGR of 4.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1438.5 million. The sodium silicate market is experiencing robust growth, underpinned by strategic business moves among leading industry participants. Notably, in January 2024, PQ Corporation, a prominent silicates and derivative products manufacturer, announced its acquisition of Sibelco Group's specialty silicate business in Lodose, Sweden. This strategic deal strengthens PQ's position in the sodium and potassium silicate market, primarily focusing on the Nordic regions, including mining, construction, and pulp and paper sectors. Another significant development unfolded with PPG Industries agreeing to sell its silica products business to Qemetica SA, a Polish chemicals manufacturer, for approximately USD310 million. These strategic transactions underscore the competitive landscape and underline the market's potential for growth. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on segments_for_ai.nslist

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Expansion of sodium silicate production facilities
• Water treatment initiatives
• Increasing investments in construction sector

However, the market also witnesses some limitations, which are as follows:

• Regulatory guidelines
• Decreasing purchasing power
• Short shelf life

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Market Scope in Sodium Silicate Market Research Report

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Research Analysis Overview

The Sodium Silicate market encompasses the production and supply of this inorganic compound, also known as waterglass, derived from the reaction of silica, sodium carbonate, and water at high temperatures. Applications span various industries, including soap and laundry detergent manufacturing, where it acts as a builder and enhances the cleaning power. In infection prevention, it's used as a disinfectant and antimicrobial agent. Construction, paper and pulp, and downstream chemicals industries also utilize Sodium Silicate in the form of derivative silicates, zeolites, reactive silica, silica gels, and silica sols for diverse purposes such as adhesives, fillers, and thickeners. In addition, it's employed in the production of paints and coatings, plastics, ink, and silicones. The synthesis process involves the reaction of sodium, oxygen, and silicon from silica sand, yielding an alkaline, soluble sodium silicate solution. Its high alkalinity and solubility make it an essential ingredient in various industries.

Market Research Overview

The global commodity chemicals market encompasses businesses specializing in the production of industrial and basic chemicals, such as plastics, synthetic fibers, films, commodity-paints and pigments, explosives, and petrochemicals. Notably excluded are companies producing diversified chemicals, fertilizers, agricultural chemicals, industrial gases, and specialty chemicals. Key growth drivers in this market include the escalating demand for plastic packaging, driven by its widespread usage and the continuous innovation in creating lightweight, corrosion-resistant materials. Additionally, demand for inorganic sodium salts, including sodium silicate or waterglass, in various industries such as infection prevention, construction, paper and pulp, and derivatives like silica, zeolites, and medical and industrial products, as well as wastewater treatment, will significantly contribute to market expansion.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
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