Silicic Acid Market

Silicic Acid Market Outlook (2023-2033)

The global silicic acid market is set to estimate a valuation of US$ 59.8 million in 2023 and it is anticipated to grow at a CAGR of 4.1% to reach US$ 89.5 million by the end of 2033.

Silicic acid is a compound that contains silicon, oxygen, and hydrogen with a general formula of [SiOx(OH)4−2x]n. The ability of silicic acid to bond with the minerals in water and render them soluble makes it an excellent water softener. This makes it possible to filter the minerals out of the water.

Report Attributes	Details
Market Size (2022A)	US$ 58.2 Million
Estimated Market Value (2023E)	US$ 59.8 Million
Forecasted Market Value (2033F)	US$ 89.5 Million
Global Market Growth Rate (2023-2033)	4.1%
North America Market Share (2023)	~33.7%
East Asia Market Growth Rate (2023-2033)	~4.5%
Europe Market Growth Rate (2023-2033)	~4.1%
East Asia Market Share (2023)	~23.2%
Key Companies Profiled	Fenton Chemicals Sahkar Pharmaceuticals Private Limited Poorva Chemitech Pvt. Ltd

Market Buoyancy Analysis

Several silicic acid esters that are derived from alcohols and silicon tetrachloride are thermally stable liquids and are used as hydraulic fluids and lubricants. For many years, gastrointestinal diseases have been treated with silicic acid which is an inert adsorption agent.

Glass, ceramics, and other silicon-based products are produced using silicic acid. The most crucial ingredient used in the production of industrial ceramics and glass is silicic acid, which is the simplest silicate. The most typical type of glass, soda-lime-silica glass, is created in the glass-making process using silicic acid. It is used to create porcelain, stoneware, and earthenware in the ceramics industry.

• Short Term (2023-2026): Burgeoning demand from the agriculture sector and toothpaste manufacturing companies is driving the market for silicic acid.
• Medium Term (2026-2029): Asia Pacific and North America are anticipated to witness high silicic acid demand on the back of the growing agricultural activities to meet rising demand and rising awareness regarding oral care among people.
• Long Term (2029-2033): Initiatives by the market players to enhance sales coupled with the increasing use of silicic acid derivatives in various end-use industries to drive silicic acid demand in the long run.

Over the 2018-2022 historical period, the global silicic acid market registered a CAGR of 2.5%, according to the Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 4.1% CAGR between 2023 and 2033.

Market share analysis of silicic acid based on end-use application and region is provided in a nutshell in the above image. Under the end-use application segment, the agrochemical manufacturing segment dominates with a 44.7% market share in 2023.

“Use case in Agricultural Activities to Bolster Demand”

Silicon is a nutrient that is crucial for plants and is found in soil and ocean water. However, this silicon is ineffectively absorbed and not accessible to plants. The most bioavailable form of silicon for plants is in the form of silicic acid.

After being ingested to the plants, silicic acid travel to the cells of stems, leaves, and fruits via the xylem. Once stored, it strengthens cell walls by acting as a mechanical barrier, enhancing the crop's inherent defense systems.

Silicic acid helps vascular tissues transport more water and minerals throughout the circulatory system by fortifying their cell walls. More effective and uniform delivery of water and minerals depends on a stronger vascular system.

Numerous crops experience a rise in Brix, nutritional value, and general health owing to the quantifiable impact of silicic acid on nutrient uptake and use.

“Silicic Acid Derivatives to Supplement Silicic Acid Market”

Silicates are derived from silicic acid. Materials containing silicates and compounds based on silicates are often employed in dentistry. Their use as fillers in various dental filling materials, such as glass-ionomer cement, compomers, composites, and adhesive systems, is one of their main applications.

Silicate is used to make silicon microchips that are found in computers, mobile phones, and game consoles. Silicate has special qualities such as conducting electricity, thermal insulation, offering an enhanced frequency vibration, and being able to conduct electricity.

Magnesium silicate is the magnesium salt of silicic acid and contains a sufficient proportion of water. It is a combination of magnesium oxide and silicon dioxide (SiO2). By adsorbing free glycerin, soaps, methanol, monoglycerides, and sterol glucosides, it can also be used to purify biodiesel.

“Limited Number of Manufacturers to Hamper Market Growth”

The manufacturers of silicic acid are very limited thus making it a very consolidated market. The chemical has very limited applications and has very less penetration in the market which is restraining bigger players to invest in the market. There are many suppliers that are spread around the globe and are maintaining the supply chain worldwide. The limited number of players leads to less awareness among the end user thus limiting the demand for the silicic from the end user.

Silicic acid is also used in the treatment of digestive problems and government regulations and FDA approvals play a crucial role in the use of drugs. Any changes in regulations and approvals will be a restricting factor to the market’s growth.

Country-wise Insights

How Growing Agrochemical Demand to Augment Silicic Acid Market in the US?

Growing demand for crop protection chemicals as a result of repeated outbreaks of pest attacks on crops that caused significant losses in the past few years propelled the US agrochemical demand. In addition, the expanding animal husbandry industry has boosted the need for animal feed, which has in turn increased the need for agrochemicals like fertilizers and plant growth regulators.

The output of meat, chicken, and rice all increased, which had a considerable impact on agricultural productivity and, in turn, increased demand for agrochemicals.

The United States silicic acid market will expand at a CAGR of 4.1% over the projected period.

Will the Growing Oral Hygiene Concerns in China Drive Silicic Acid Demand?

In 2021, China produced and exported 671,700 tons of toothpaste annually, making it a major global player in this industry. China's society and economy have seen significant changes as a result of the country's enormous increase in manufacturing capacity and expanding consumer spending.

The healthy China 2030 blueprint recognized the growing significance of oral health care and emphasized the need for the businesses associated with it to develop quickly in order to improve the general dental hygiene of Chinese citizens, such as lowering cavity rates among 12-year-olds to 25%.

Due to such favorable factors, China’s market for silicic acid is expected to register a CAGR of 4.7% over the forecast.

Category-wise Insights

Why is the use of Silicic Acid as a Desiccant Rising?

Silicic acid has a strong affinity for water and thus is used as a desiccant. A desiccant is used to take moisture out of the air. Silicic acid can be used to dry the air because it can absorb a high amount of water.

Silica gel is widely used as a desiccant during packaging and storage to protect products that are susceptible to moisture. It is widely utilized in various industries such as textile, food, pharmaceutical, chemical, and others.

Due to all of these factors, the use of silicic acid as a desiccant is anticipated to grow at a CAGR of 4.5% over the forecast period.

Will the Market Be Driven by Increased Toothpaste Manufacturing?

Silicic acid is used as a grating gel in toothpaste, or a free portion of smeared toothpaste because it works with calcium carbonate to safely remove plaque during brushing. It is listed by the US Food and Drug Administration as a protected substance and is not known to be toxic or cancer-causing.

The increasing population and increased awareness regarding oral health among people have led to an increase in toothpaste manufacturing.

Owing to the above-mentioned factors, the demand for silicic acid for toothpaste manufacturing is expected to expand at a CAGR of 4.0% in the upcoming period.

Competitive Landscape

Prominent silicic acid manufacturers are Fenton Chemicals, Sahkar Pharmaceuticals Private Limited, and Poorva Chemtech Pvt. Ltd. The suppliers of silicic acid are Otto Chemie Pvt. Ltd, Parchem fine & specialty chemicals, Hebei Guanlang Biotechnology Co., Ltd., Dutch Direct, Parchem fine & specialty chemicals, and others

The market for silicic acid is highly consolidated with only a few manufacturers operating in the market. The suppliers are an important agent between the manufacturers and users and thus players have developed strong distribution networks to increase their presence and ease of delivery of products.

Fact.MR has provided detailed information about the price points of key manufacturers of silicic acid positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Silicic Acid Industry Research

• By Form :

  • Powder
  • Liquid

• By Function :

  • Catalyst
  • Desiccant
  • Adsorbent

• By End-use Application :

  • Agrochemical Manufacturing
  • Toothpaste Manufacturing
  • Others

• By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • MEA