Market Size of Sodium Silicate Industry
| Study Period | 2019 - 2029 |
| Market Volume (2024) | 8.00 Million tons |
| Market Volume (2029) | 10.15 Million tons |
| CAGR (2024 - 2029) | 4.87 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Asia-Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Sodium Silicate Market Analysis
The Sodium Silicate Market size is estimated at 8 Million tons in 2024, and is expected to reach 10.15 Million tons by 2029, growing at a CAGR of 4.87% during the forecast period (2024-2029).
The COVID-19 pandemic negatively impacted the market. This was because of the shutdown of the manufacturing facilities and plants due to the lockdown and restrictions. Supply chain and transportation disruptions further created hindrances for the market. However, the industry witnessed a recovery in 2021, thus rebounding the demand for the market studied.
- Over the medium term, the increasing demand for waste paper recycling and increasing demand for precipitated silica from the rubber and tyre industry are some of the factors driving the growth of the market studied.
- On the flip side, stringent government regulations and increased health risks due to the hazardous effects of sodium silicate are expected to hinder the growth of the sodium silicate market.
- However, growth in construction sector is anticipated to provide numerous opportunities over the forecast period.
- Asia-Pacific dominated the market, owing to the high demand from various applications.
