Sodium Silicate Market

Sodium Silicate Market Outlook (2023-2033)

The global sodium silicate market is set to enjoy a valuation of US$ 8.5 billion in 2023 and further expand at a CAGR of 4.0% to reach US$ 12.6 billion by the end of 2033.

The use of sodium silicate in detergent production is likely to dominate the market with nearly 24.3% of the global market share by the end of 2023.

Report Attributes	Details
Market Size (2023E)	US$ 8.2 Billion
Forecasted Market Value (2033F)	US$ 12.6 Billion
Global Market Growth Rate (2023-2033)	4.0% CAGR
North America Market Share (2023)	~24.7%
East Asia Market Growth Rate (2023-2033)	~4.8% CAGR
United States Market Growth Rate (2023-2033)	~4.0% CAGR
Market Share of Top 5 Companies	~24.6%
Key Companies Profiled	C THAI GROUP Hindcon PQ Corporation STPP GROUP Ankit Silicate Shanti Chemicals Works SBS Philippines Corporation Captain Industries ATDM Alumina DOO Zvornik CIECH Group Kiran Global Chem Limited Silmacao

Sales Analysis of Sodium Silicate (2018-2022) Vs. Market Forecast Outlook (2023-2033)

Sodium silicate is produced through a reaction of silica and sodium carbonate, also referred to as water glass. It is most commonly used in the manufacturing of soaps and detergents, where it helps to control the PH value. Over the years, due to the growing demand for the construction and infrastructure industry sodium silicate market is growing at a healthy CAGR. Sodium silicate can be applicable in multiple end-use applications such as adhesives, coating, etc.

Sodium silicate is available in solid and liquid form and is widely in soap manufacturing, and cement manufacturing. Sodium silicate possesses high temperature, water resistance, and stability in alkaline solutions, making them suitable for use in multiple end-use industries such as textile, paper, pulp, automotive, and pharmaceutical industries.

• Short Term (2023 to 2026): Increasing investment in construction and infrastructure development is likely to boost the sales of sodium silicate in the near term.
• Medium Term (2026-2029): North America and Europe is anticipated to witness high demand for sodium silicate owing to increasing demand for personal care and cosmetics products.
• Long Term (2029-2033): Efforts by governments of both developed and developing economies for water treatment to support the market growth in the long term.

Over the 2018-2022 historical period, the global market registered a CAGR of 2.4%, and according to the Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 4.0% CAGR between 2023 and 2033.

Market share analysis of sodium silicate based on application and region is provided in a nutshell in the above image. Under the application segment, detergent production dominates with a 24.3% market share in 2023.

“Growing Construction Sector to Boost the Demand for Sodium Silicate”

The construction sector across developed, as well as developing countries, has witnessed high demand in recent years. The increasing economy in developing countries such as China and India enables the government to invest in infrastructure development, for which concrete is used. Sodium silicate is used as a concrete densifier, setting accelerator, and can be applied in the form of silicate mineral paint to enhance waterproofing and improve durability, to supplement sodium silicate market growth.

The surging construction sector in the US, for instance, the total value of construction, stood at USD 1,504,188 million in December 2020 and raised to USD 1,639,864 million in December 2021. Among these, total residential construction stood at USD 713,995 million in December 2020 and raised to USD 819,135 million in December 2021, a 14.7% change. This, in turn, requires concrete and for that sodium silicate has high adoption.

“Several Benefits of Sodium Silicate Opening New Doors for Manufacturers”

Increasing the use of paper and paper products can help to increase the demand for sodium silicate in the coming years. Sodium silicate can be used for the production of paper, cardboard, and laminate. It can also be used as an adhesives enhancer in pulp, cardboard tubes, glass wool barrels, and adhesive in the packaging of detergents. This, in turn, propels the consumption of sodium silicate.

Further, sodium silicate is also used in the paper and pulp industry as it acts as a stabilizer for pulp bleaching, and an additive for de-inking of recycled paper. Sodium silicate is used in the paper and pulp industry to provide peroxide stabilization, deflocculation, alkalinity, and buffering, among others.

Hence, the growing demand for paper packaging from the clothing industry, and food and beverage industries is likely to boost the demand for sodium silicate. E-commerce is another factor where demand for paper increases for packaging purposes. These factors are likely to create high demand for the sodium silicate in the coming years.

“Availability of Suitable Alternative: A Restraining Factor”

The growing use of potassium silicate in the personal care industry can have an adverse impact on the growth of the sodium silicate market. Sodium silicate and potassium silicate have similar properties.

Liquid potassium silicate makes better wetting cleaning properties of soaps and detergents. Potassium silicate is helpful in creating a high amount of foam in liquid and paste soap as compared to sodium silicate. Thus, the properties of potassium silicate hamper sodium silicate consumption.

Potassium silicate finds application in the construction industry as well. It is used as a concrete densifier. It has excellent properties and helps to give the surface a good sheen and anti-abrasive properties. These factors can significantly impact on the growth of the market in the coming years.

Country-wise Insights

Will the Huge Personal Care and Beauty Industry in the U.S. Drive Sodium Silicate Market?

The United States market is valued at US$ 1.8 billion in 2023 and is expected to reach a valuation of US$ 2.7 billion by the end of the forecast period.

The growing individual spending on personal care to thrive the consumption of market. As sodium silicate has applications in the formulation of personal care products. The surging personal care industry, for instance, the global personal care market is valued at over US$ 450 billion in 2022 and is anticipated to grow at a CAGR of 4.5% throughout the forecast period. The United States holds the majority of the market share in the global personal care market, to drive the sodium silicate market growth.

The global haircare market is valued at over US$ 80 billion in 2022. The United States holds over 1/4th of the global market share. Since cosmetics products are being used on daily basis, consumers have particular choices and preferences. The personal care segment is expected to boost the demand for sodium silicate in the United States in the coming years.

Why is China’s Sodium Silicate Market Expected to Be Highly Lucrative?

The growing construction industry in China is anticipated to boost the demand for sodium silicate. China has the world’s largest construction market. China's construction industry is valued at over US$ 4.5 trillion in 2021 and will grow at a healthy CAGR in the forecast period. The surging construction industry requires adhesives, for attaching drywall, tile, molding, ceiling, floors, and others. Sodium silicate is used in adhesive production to supplement the market’s growth.

The China market for sodium silicate is expected to reach a valuation of US$ 1.4 billion in 2023.

Category-wise Insights

How Application in Adhesive Production to Drive Sodium Silicate?

Sodium silicate adhesives are used for bonding surfaces and materials such as paper, mineral wool, mica, wood, and others. Sodium silicate is used in the production of adhesives. Hence, flourishing demand for the adhesive requires more sodium silicate for manufacturing, thus, driving the sodium silicate market growth.

The adhesive in the end user is expected to grow at 3.4% CAGR in the forecast period to reach a valuation of US$ 1.2 billion by the end of the forecast period.

Will Market Growth Be Led by Personal Care Formulation?

With the rising global population, the demand for personal care and cosmetics products is also increasing rapidly. Growing demand for personal care products such as shampoos, conditioners, and lotions is expected to boost the demand for sodium silicate in the forecast period. Sodium silicate is widely used in personal care products to control the PH of the finished product.

Personal care formulation in the sodium silicate market is expected to be valued at US$ 1.3 billion in 2023 and is expected to grow at a CAGR of 3.6%.

Competitive Landscape

Sodium Silicate manufacturers are C THAI GROUP, Hindcon, PQ Corporation, STPP Group, Ankit Silicate, SHANTI Chemical Works, SBS Philippines Corporation, Captain Industries, ATDM, Alumina DOO Zvornik, CIECH Group, Kiran Global Chem Group, Silmaco.

The world’s leading manufacturers of sodium silicate are trying to increase their production capacity to meet the growing demand from the construction, paper and pulp industry. Manufacturers are also looking to adopt merger and acquisition strategies which can help them to increase production capacity as well as their presence in untapped markets.

• In August 2021, Cerberus Capital Management and KOCK Minerals Trading completed a partnership with PQ Corporation holdings. With this completion of the transaction, PQ became the world’s leading independent producer of sodium silicate.

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

Segmentation of Sodium Silicate Industry Research

• By Form :

  • Liquid
  • Solid
    • Powder
    • Lump

• By Function :

  • Binder
  • Flocculant
  • Intermediate
  • Additive
  • Preservative
  • Emulsifier

• By End-Use :

  • Detergent Production
  • Soap Production
  • Adhesives Production
  • Water Treatment
  • Bleaching Chemical Production
  • Drilling Fluid Production
  • Personal Care Formulation
    • Shampoos
    • Conditioners
    • Lotions
    • Others
  • Paperboard Production
  • Ceramic Production
  • Others

• By Region :

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