Asia Pacific Sodium Silicate Market

Asia Pacific Sodium Silicate Market Size, Share & Trends Analysis Report By Type (Liquid, and Solid), By Form (Crystalline, and Anhydrous), By Grade (Alkaline, and Neutral), By End User, By Application, By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-20126 Publication Date: February-2024 Number of Pages: 169
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Market Report Description

The Asia Pacific Sodium Silicate Market would witness market growth of 4.3% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 7,155.2 Kilo Tonnes, showcasing a growth of 3.5% (2019-2022).

Sodium silicate is an essential component in the fabrication process of fireproofing materials. Its fire-retardant properties make it valuable for enhancing the fire resistance of various materials, including textiles, wood, and paper. Fireproof coatings containing sodium silicate are applied to surfaces to reduce the risk of combustion and slow the spread of flames. In foundry and metal casting processes, sodium silicate is a binder for molding and core sands. It helps create molds with good strength and stability, allowing the production of intricate metal parts and components. Sodium silicate's binding properties are crucial in the metal casting industry.

In the textile industry, sodium silicate is used as a chemical finishing agent for fabrics. It imparts flame retardant and crease-resistant properties to textiles, enhancing their performance and safety. Sodium silicate-treated fabrics find application in protective clothing and upholstery where fire resistance is essential. Sodium silicate is employed in the paper and pulp industry as a deflocculant and sizing agent. It helps disperse clay particles in pulp, preventing agglomeration and improving the papermaking process. Additionally, sodium silicate contributes to paper sizing, improving strength and water resistance.

The National Investment Promotion and Facilitation Agency's Invest India reports that the value of India's textile exports in FY 2021–22 exceeded US$ 44 billion, and the industry is expected to be worth $250 billion by 2025. Therefore, due to the above-mentioned factors, the sodium silicate market will grow significantly in this region.

The China market dominated the Asia Pacific Sodium Silicate Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,841.5 million by 2030. The Japan market is registering a CAGR of 3.6% during (2023 - 2030). Additionally, The India market would experience a CAGR of 4.9% during (2023 - 2030).

Free Valuable Insights: The Global Sodium Silicate Market is Predict to reach $ 15 Billion by 2030, at a CAGR of 4%

Based on Type, the market is segmented into Liquid, and Solid. Based on Form, the market is segmented into Crystalline, and Anhydrous. Based on Grade, the market is segmented into Alkaline, and Neutral. Based on End User, the market is segmented into Construction, Pulp & Paper, Automotive, and Others. Based on Application, the market is segmented into Detergent, Paints, Refractories, Adhesives, Tube Winding, Catalyst, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

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List of Key Companies Profiled

  • Tokuyama Corporation
  • Sinchem Silica Gel Co. Ltd.
  • Agsco Corporation
  • Nippon Chemical Industrial Co., Ltd.
  • Kiran Global Chem Limited
  • Occidental Petroleum Corporation
  • Great Lakes Calcium Corporation (Glc Minerals)
  • Parchem-Fine & Speciality Chemicals
  • Evonik Industries Ag (Rag-Stiftung)
  • Merck Millipore (Merck Group)

Asia Pacific Sodium Silicate Market Report Segmentation

By Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • Liquid
  • Solid

By Form (Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • Crystalline
  • Anhydrous

By Grade (Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • Alkaline
  • Neutral

By End User(Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • Construction
  • Pulp & Paper
  • Automotive
  • Others

By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • Detergent
  • Paints
  • Refractories
  • Adhesives
  • Tube Winding
  • Catalyst
  • Others

By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
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