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The global sodium silicate market is expected to reach USD 11.84 Billion by 2026, according to a new report by Reports and Data. This is due to increasing demand for sodium silicates from the end-user industries.
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Market Summary Market Size – USD 8.73 billion in 2018, Market Growth - CAGR of 3.8%, Market Trends – Increasing demand from the paper & pulp industry The global sodium silicate market is expected to reach USD 11.84 Billion by 2026, according to a new report by Reports and Data. This is due to increasing demand for sodium silicates from the end-user industries. An increase in demand for adhesives & sealants in the paper & pulp and construction industry is estimated to drive the growth of the market in the upcoming years. • Further key findings from the report suggest • By product form, solid sodium silicate held a larger market share in 2018 and is expected to grow at a rate of 4.2% in the forecast period. It is used in a wide variety of applications, including detergents & soaps, pulp & paper, adhesives & sealants, gels & powders, and water treatment, among others. • By application, detergent contributed to the largest market share in 2018 and is expected to witness a growth rate of 3.4% in the forecast period. Sodium silicate is used as a building agent in many commercial detergents, owing to its benefits to prevent mineral deposits on surfaces after washing by eliminating water hardness. www.reportsanddata.com
Market Summary Key Players: Evonik Industries AG, Solvay SA, PQ Corporation, BASF SE, CIECH Group, W.R. Grace & Company, Tokuyama Corporation, Sinchem Silica Gel Company Ltd., ShangyuHuachang Industrial Co., and PPG Industries Inc., among others. Segmentation: • Product Form Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026) • Liquid Sodium Silicate • Solid Sodium Silicate • Application Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026) • Adhesives & Sealants • Elastomer • Detergent • Flocculants • Catalyst • Others Avail the inside scoop of the Sample report @https://www.reportsanddata.com/sample-enquiry-form/1998 www.reportsanddata.com
Market Summary • Industry Vertical Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026) • Consumer Products • Automotive • Building & Construction • Food & Beverage • Oil & Gas • Others Regional Outlook for Sodium Silicate Market analyses the following geographies: North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Any Query or Discount? Ask our Expert @https://www.reportsanddata.com/discount-enquiry-form/1998 www.reportsanddata.com
The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com
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