KEY RESULTS The global sodium silicate market is expected to register a CAGR of 3.52% in terms of revenue and 2.89% in terms of volume over the forecast period 2021 to 2028.
New York, September 28, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report âWORLD SODIUM SILICATE MARKET FORECAST 2021-2028â – https://www.reportlinker.com/p06153202/?utm_source=GNW
The growth of the market is mainly due to an increased awareness associated with sanitation and hygiene, the growing requirement for waste paper recycling and the need for precipitated silica from the tire and rubber industry. .
Sodium silicate, also called water glass or water glass, is a chemical compound comprising sodium oxide (Na2O) and silica (silicon dioxide, SiO2). It further forms a glassy solid while having the very useful property of being water soluble.
Water glass is usually sold as powders and solid pieces or as a clear syrupy liquid.
Paper recycling is defined as the process of reprocessing waste paper for reuse. Waste paper can be obtained from scrap stationery paper, waste paper and waste paper.
Examples of commonly recycled papers are old newspapers as well as magazines. In addition, other shapes such as wrappers, wrappers and corrugated papers are usually checked for their recycle suitability before the process.
Sodium silicates are the main auxiliary material in the recycling of waste paper. In their standard form, they claim a significant record of proven performance.
Therefore, with the increasing demand for waste paper recycling, the demand for sodium silicate is also expected to increase.
The assessment of the growth of the global sodium silicate market involves the assessment of Europe, Asia-Pacific, North America, and the rest of the world. North America is expected to be the major sodium silicate market in terms of revenue and volume.
The growth of the market is attributed to factors such as the increasing demand for products in applications such as water treatment, agriculture and mining as well as the presence of prominent players.
The market observes a reduced focus on innovation. However, key players enjoy a clear advantage over other players, while competition between companies on the price front remains moderate.
Therefore, the intensity of industrial rivalry is high in the global sodium silicate market.
The main companies operating in the market are BASF SE, PPG Industries Inc, WR Grace & Co, etc.
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1. BASF SE
2.C THAI CHEMICALS CO LTD
3. CIICH GROUP
4. EVONIK INDUSTRIES AG
5. IQE GROUP
6. KIRAN GLOBAL CHEMS LTD
7. MERCK MILLIPORE LIMITED
8. NIPPON CHEMICAL INDUSTRIAL CO LTD
9. WESTERN PETROLEUM COMPANY
10. PPG INDUSTRIES INC
11. PQ CORPORATION
12. SILMACO SA
13. SINCHEM SILICA GEL CO LTD
14. TOKOYAMA CORPORATION
WR GRACE & CO
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