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Showing posts with the label Sodium Silicate Industry

Growing Demand for Sodium Silicate Market Professional Survey till 2025

Growing demand for sodium silicate for manufacturing household as well as industrial detergents are anticipated to propel product demand over the forecast period. The Global Sodium Silicate Market size is expected to reach USD 7.84 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 3.2% during the forecast period. Sodium carbonate and silica sand are key raw materials used for the production of sodium silicate. Presence of numerous raw material suppliers across the globe eases procurement of sodium carbonate and silica sand, thus impacting sodium silica production on a positive note. Major companies including GHCL limited, Tata Chemicals Limited, Solvay S.A., and Merck Millipore are involved in the production of raw materials used for sodium silicate manufacturing. Pricing strategy for the compound is driven by quality of the product. As a result, industry players are likely to invest more into R&D to reduce product cost and b...