Sodium Silicate Market 2015 Trends, Research, Analysis and Review Forecast 2023
Sodium silicate is produced by reacting silica with sodium carbonate (soda ash) between 1200°C and 1400°C. It is a colorless compound of oxides of sodium and silica. Sodium silicate is a generic name for a range of compounds derived from soluble silicate glasses that are water solutions of silicon dioxide and sodium oxide in various ratios.
Sodium silicate is produced by reacting silica with sodium carbonate (soda ash) between 1200°C and 1400°C. It is a colorless compound of oxides of sodium and silica. Sodium silicate is a generic name for a range of compounds derived from soluble silicate glasses that are water solutions of silicon dioxide and sodium oxide in various ratios.
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Detergents was the largest application segment of the sodium silicate market,<br />
accounting for over 35% of the global sodium silicate market in 2014. Elastomers<br />
are estimated to be the fastest-growing segment during the forecast period due to<br />
growth in the automotive industry. Furthermore, catalysts, food & healthcare, <strong>and</strong><br />
other applications are likely to witness above-average growth during the forecast<br />
period.<br />
Key players in the sodium silicate market include PQ Corporation, PPG Industries,<br />
Evonik Industries AG, BASF SE, Tokuyama Europe GmbH, <strong>and</strong> W.R. Grace &<br />
Company. Some companies in the sodium silicate market are integrated across<br />
various stages of the value chain.<br />
Major producers of sodium silicate are exp<strong>and</strong>ing their operations in the<br />
international markets. Reduced dem<strong>and</strong> combined with rising energy <strong>and</strong> raw<br />
materials costs have adversely impacted the chemical industry in Europe. Lower<br />
cost of production in China <strong>and</strong> other countries in Southeast Asia have prompted<br />
sodium silicate producers to set up manufacturing units in these regions <strong>and</strong> shut<br />
down their plants in Europe <strong>and</strong> North America in the past few years. Hence,<br />
dem<strong>and</strong> for sodium silicate is expected to be moderate during the forecast period.<br />
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