Global Sodium Silicate Market Overview
Sodium Silicate Market Size was valued at USD 6 Billion in 2022. The Sodium Silicate industry is projected to grow from USD 8 Billion in 2023 to USD 12 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 5.00% during the forecast period (2023 - 2030).The sodium silicate is widely known as a water glass solution. It has a wide range of commercial and industrial applications. It is an oxygen-silicon polymer component that has versatile uses. The sodium silicate market is surging due to the growing need for this product the key market drivers enhancing market growth.Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Sodium Silicate Market Trends
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Growing need for sodium silicate to boost the market growth
The growing demand for sodium silicate is the major factor driving the growth of the sodium silicate market. Sodium silicate is a versatile chemical compound that finds applications in a wide range of industries, including detergents, construction, paper and pulp, textiles, and automotive, among others. In the construction industry, sodium silicate is used as a concrete sealer, adhesive, and protective coating for masonry surfaces. In the detergent industry, it is used as a binding agent, and as a builder to improve the cleaning efficiency of detergents. In the paper and pulp industry, sodium silicate is used as a defoamer, and as a coating agent to improve paper quality. Sodium silicate is also used in the automotive industry as a coolant for internal combustion engines.
Moreover, the increasing demand for green and sustainable solutions has boosted the demand for sodium silicate in recent years. Sodium silicate is considered an eco-friendly alternative to various toxic chemicals used in several industries. It is non-toxic, biodegradable, and does not harm the environment. The increasing use of sodium silicate in various industries, coupled with its eco-friendliness, has contributed to the growth of the sodium silicate market. The market is expected to continue growing in the future, driven by the growing need for sustainable and eco-friendly solutions across various industries. Therefore, such factors related to Sodium Silicate have enhanced the Sodium Silicate market CAGR across the globe in recent years.
Sodium Silicate Market Segment Insights
Sodium Silicate Application Insights
The Sodium Silicate market segmentation, based on application, includes Detergents & Soaps, Water Treatment, Adhesives, Construction Materials, Coatings, and Others. The Detergents & Soaps segment held the majority share in 2022 of the Sodium Silicate market revenue. The detergents and soaps segment is one of the major application segments for sodium silicate, as it is used as a builder, a binding agent, and an anti-corrosion agent in various detergents and soaps. Sodium silicate is also used as a water softener in laundry detergents, which helps to improve the cleaning efficiency of detergents.
Sodium Silicate End-User Insights
Based on end-user, the Sodium Silicate market segmentation includes Building & Construction, Paper & Pulp, Chemicals, Healthcare, Food & Beverages, and Others. The Chemicals segment dominated the market in 2022 and is projected to be the faster-growing segment during the forecast period, 2023-2030. The chemicals segment is one of the major end-user segments for sodium silicate, and it includes various industries such as petrochemicals, agrochemicals, and pharmaceuticals. Sodium silicate is used as a catalyst and a stabilizer in petrochemicals, as a pH adjuster and a dispersant in agrochemicals, and as a binder and a disintegrant in pharmaceuticals. These all factors for Sodium Silicate positively impact the market growth.
Figure 2: Sodium Silicate Market, by Application, 2022 & 2030 (USD Billion)Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Sodium Silicate Regional Insights
By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. Asia Pacific is the largest market for sodium silicate. The region is witnessing significant growth in the construction and automotive industries, which are the major end-users of sodium silicate. Additionally, the growing population and increasing urbanization in countries such as China and India have resulted in a rising demand for detergents and soaps, another significant application of sodium silicate. Moreover, the Asia Pacific region has a significant presence of the manufacturing industry, which includes various end-user industries of sodium silicate such as chemicals, paper and pulp, and food and beverages. The easy availability of raw materials and low labor costs in the region have resulted in the establishment of several manufacturing facilities by players, driving the demand for sodium silicate.
Further, the major countries studied in the market report are The US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Figure 3: SODIUM SILICATE MARKET SHARE BY REGION 2022 (%)Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe's sodium silicate market is the third-largest market in the world. The region has a significant presence of the automotive industry, which is another major end-user of sodium silicate. The increasing demand for eco-friendly and sustainable products in Europe is also driving the demand for sodium silicate, which is used in the production of detergents and soaps. The use of sodium silicate in the paper and pulp industry is another significant application, which is also contributing to the growth of the market in Europe. Further, the Germany Sodium Silicate market held the largest market share, and the UK Sodium Silicate market was the fastest-growing market in the European region.
North America is a significant market for sodium silicate, driven by the growing demand from end-user industries such as building and construction, chemicals, and paper and pulp. The use of sodium silicate in the production of detergents and soaps is expected to remain a significant application, and its use in the building and construction industry is also expected to grow. Additionally, the increasing use of sodium silicate in the automotive industry and the growing trend of using eco-friendly and sustainable products are expected to further boost the demand for sodium silicate in North America. However, the growth rate of the sodium silicate market in North America may depend on various factors such as economic conditions, government regulations, and technological advancements. Moreover, the US Sodium Silicate market held the largest market share, and the Canada Sodium Silicate market was the fastest-growing market in the North American region.
Sodium Silicate Key Market Players & Competitive Insights
Major market players are spending a lot of money on R&D to increase their product lines, which will help the Sodium Silicate market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Sodium Silicate industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.
The major market players are investing a lot of money in R&D to expand their product lines, which will spur further market growth for Sodium Silicate. With significant market development like new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are also undertaking various strategic activities to expand their presence. To grow and thrive in a market climate that is becoming more competitive and growing, competitors in the Sodium Silicate industry must offer affordable products.
Manufacturing locally to cut operating costs is one of the main business tactics manufacturers use in the Sodium Silicate industry to benefit customers and expand the market sector. Major Sodium Silicate market players, including PQ Corporation, Evonik Industries, BASF SE, W.R. Grace & Company, Ciech S.A., Silmaco NV, Oriental Silicas Corporation, Aromachimie Ltd., Nippon Chemical Industrial CO., LTD., Solvay, Occidental Petroleum Corporation, and others, are attempting to increase market demand by funding R&D initiatives.
PQ Corporation is a provider of specialty catalysts, materials, and chemicals for various industrial applications. PQ Corporation operates through two business segments: Performance Materials and Catalysts. The Performance Materials segment offers a range of specialty inorganic chemicals, including sodium silicate, silicates, and other derivatives, which are used in a wide range of applications, such as detergents, water treatment, pulp and paper, and construction.The Catalysts segment provides a variety of catalysts, including polyolefin catalysts, zeolite catalysts, and silica-based catalysts, which are used in the production of a range of products, such as plastics, rubber, and fuel.
Evonik Industries is a German multinational specialty chemicals company. Evonik operates through four business segments: Nutrition & Care, Resource Efficiency, Performance Materials, and Services. The Resource Efficiency segment provides high-performance materials for a range of industries, including automotive, construction, and electronics. The Performance Materials segment offers specialty chemicals and polymer materials for various industrial applications. The Services segment provides technical and administrative services to the other three segments.
Key Companies in the Sodium Silicate market includes
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PQ Corporation
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Evonik Industries
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BASF SE
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W.R. Grace & Company
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Ciech S.A.
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Silmaco NV
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Oriental Silicas Corporation
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Aromachimie Ltd.
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Nippon Chemical Industrial CO., LTD.
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Solvay
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Occidental Petroleum Corporation among others
Sodium Silicate Industry Developments
August 2021: CIECH Group announced that it has started the construction and installation of a new production plant for sodium silicate.
May 2023: The BASF SE announced the launch of a new line of sodium silicate products for the construction industry. The new products are designed to improve the performance of concrete and mortar. BASF said that the new products are in line with its commitment to providing innovative solutions for the construction industry.
Sodium Silicate Market Segmentation
Sodium Silicate Application Outlook
Sodium Silicate End-Use Outlook
Sodium Silicate Regional Outlook
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North America
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Europe
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Germany
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France
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UK
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Italy
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Spain
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Rest of Europe
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Asia-Pacific
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China
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Japan
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India
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Australia
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South Korea
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Australia
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Rest of Asia-Pacific
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Rest of the World
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Middle East
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Africa
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Latin America
Report Attribute/Metric |
Details |
Market Size 2022 |
USD 6 Billion |
Market Size 2023 |
USD 8 Billion |
Market Size 2030 |
USD 12 Billion |
Compound Annual Growth Rate (CAGR) |
5.00% (2023-2030) |
Base Year |
2022 |
Market Forecast Period |
2023-2030 |
Historical Data |
2019-2021 |
Market Forecast Units |
Value (USD Million) |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Application, End Use, and Region |
Geographies Covered |
North America, Europe, Asia-Pacific, and Rest of the World |
Countries Covered |
The US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled |
PQ Corporation, Evonik Industries, BASF SE, W.R. Grace & Company, Ciech S.A., Silmaco NV, Oriental Silicas Corporation, Aromachimie Ltd., Nippon Chemical Industrial CO., LTD., Solvay, Occidental Petroleum Corporation |
Key Market Opportunities |
Growing demand from the textile industry for synthetic detergents, wetting agents, and soaps is driving the market growth |
Key Market Dynamics |
Increasing use of sodium silicate in detergents due to good emulsifying and high buffering power is fuelling the product demand |
Sodium Silicate Market Highlights:
Frequently Asked Questions (FAQ) :
The Sodium Silicate market size was valued at USD 6 Billion in 2022.
The market is projected to grow at a CAGR of 5.00% during the forecast period, 2023-2030.
Asia Pacific had the largest share in the Sodium Silicate market.
The key players in the market are PQ Corporation, Evonik Industries, BASF SE, W.R. Grace & Company, Ciech S.A., Silmaco NV, Oriental Silicas Corporation, Aromachimie Ltd., Nippon Chemical Industrial CO., LTD., Solvay, Occidental Petroleum Corporation.
The detergent & soap categories dominated the market in 2022.
The chemicals had the largest share in the market for Sodium Silicate.