Sodium Silicate Market Status, Analysis ,Industry Trends And Forecast To 2025Posted by Neha Bora on December 4th, 2019 San Francisco, 4 December 2019: The Report Sodium Silicate Market Analysis Report By Application (Catalysts, Pulp & Paper, Food & Healthcare, Detergents, Elastomers), By Region (North America, Europe, APAC, CSA, MEA), And Segment Forecasts, 2019 – 2025 The global sodium silicate market size is expected to reach USD 7.8 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.2% over the forecast period. Growing demand in manufacturing household as well as industrial detergents is anticipated to propel product demand over the forecast period. Sodium carbonate and silica sand are the key raw materials used for the production of sodium silicate. Presence of numerous raw material suppliers across the globe eases the procurement of key feedstock, thus impacting the overall production on a positive note. Major companies including GHCL limited, Tata Chemicals Limited, Solvay S.A. and Merck Millipore are involved in the production of raw materials used for sodium silicate manufacturing. The pricing strategy for the compound is driven by the quality of the product. As a result, industry players are likely to invest more on R&D to reduce product cost and expand product portfolio in order to gain the market share. Furthermore, key industry players are adopting expansion and integration strategies in order to establish themselves in the global sodium silicate market. Commercially, the compound is available in both liquid and solid forms. International trade of liquid products is limited by the cost of transportation rather than production costs. As a result, majority of the manufacturers prefer captive consumption of the product for manufacturing of silica derivatives, such as zeolites and precipitated silica. Sodium silicate products of commercial concentrations with m<1.8 and silicate powders with m<2.4 attack the skin when tested according to Federal Hazardous Substances Act (FHSA) protocols. The market is thus subjected to stringent regulations prescribed by the Occupational Safety and Health Association (OSHA), the U.S. Department of Transportation (DoT), and Resource Conservation and Recovery Act (RCRA). Access Research Report of Sodium Silicate Market @ https://www.grandviewresearch.com/industry-analysis/sodium-silicate-market Further key findings from the study suggest:
Grand View Research has segmented the global sodium silicate market on the basis of application and region: Sodium Silicate Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
Sodium Silicate Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
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