Sodium Silicate Market by Form, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026

The Global Sodium Silicate Market was valued at USD 6.3 billion in 2018, expanding at a CAGR of 3.2% over the forecast period 2020–2026. Growing consumer awareness pertaining to sanitation and hygiene, increasing demand for sodium derivatives such as zeolites and precipitated silica in applications including paints and coatings, plastics and ink are driving the market growth.

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Sodium silicate, which is also known as liquid glass or water glass is an inorganic chemical compound produced by the combination of sodium oxide and silica. It is used for an extensive range of applications such as coating, drilling fluids, elastomers, textiles, silica gels, adhesives, catalysts, detergent, paints, refractories, foundry, pottery and wood processing industries. The applications have functional use such as bleaching, sizing and binding. The viscosity of these applications can be altered by varying the molar ratio of silica and sodium oxide at a higher level.

Sodium Silicate Market Trends, Drivers and Opportunities:

Sodium silicate is experiencing high demand from diverse industries since it is used as an electrolyte with an ability to enable suspension of fine particles in liquid. The detergents made up of sodium silicate has a wide-ranging application such as textile processing, de-inking, metal cleaning, washing paper and washing. Along with this, the sodium silicate helps in controlling the reversion of phosphates while spray drying. Additionally, the rise in use of sodium silicate for end-use applications and growing awareness in end-users is propelling the market growth at a high scale.

Sodium silicate also works effectively as an adhesive and is highly effective in bonding metals together. The raw materials required for preparing sodium silicate consist of silica sand and soda ash which are locally available, thus, reducing the investment costs on raw materials. The market has also witnessed demand from pulp and paper factories. Its future demand will rise due to a growing demand from end-user industries like pulp and paper mills, soap and detergent, paint, pigment, and adhesive manufacturers.

In August 2017, with the help of a joint venture with local capital, Nippon Chemical Industrial established a new firm named JCI in Thailand. Additionally, Nippon used expansion as its significant strategy to create and upsurge its presence in the Southeast Asian regions. Numerous research activities have been conducted on the principles of cleaning processes, serving to establish the value of sodium silicates as detergents. The soaps and detergents segment held a major chunk of the revenue share and is estimated to continue to develop further by the year 2028. PQ Corporation offers a complete line of sodium silicate products, including storage, maintenance, handling, and distribution support to its clients.