Europe Sodium Silicate Market: Snapshot

Sodium silicate is a colorless compound of oxides of sodium and silica. It is a white powder, which is readily soluble in water. It produces an alkaline solution. Sodium silicate is a generic name for a range of compounds derived from soluble silicate glasses that are water solutions of silicon dioxide and sodium oxide in various ratios. These compounds are commercially sold as 20% to 50% aqueous solutions.

The growing demand for detergents across Europe and the increasing demand for precipitated silica from the tire and rubber industry are some of the major factors that are projected to encourage the growth of the Europe sodium silicate market throughout the forecast period. In addition to this, the rising demand from the paper and pulp industry is another major factor, which is likely to accelerate the growth of the market in the near future.

According to the report by TMR, in 2013, the Europe market for sodium silicate was worth US$808.8 mn and is projected to reach a value of US$897.6 mn by the end of 2020. The market is likely to register a 1.50% CAGR between 2014 and 2020. On the basis of volume, in 2013, the Europe sodium silicate market stood at 1,005 kilo tons and is predicted to witness a steady rise throughout the forecast period.

Growing Automotive Industry to be Beneficial for Growth

On the basis of application, the detergents segment is expected to witness a high growth throughout the forecast period. The strong growth of this region can be attributed to the development of the specialty detergents and cleaning products market. Furthermore, the segment for elastomers is anticipated to register a high growth in the next few years, thanks to the development of the automotive industry across Europe. Furthermore, the food and healthcare, catalysts, and other application segments are predicted to register a healthy growth in the coming few years.

Rapidly Growing Automotive and Detergent Industries to Influence Growth of Market

The Europe market for sodium silicate has been categorized on the basis of geography into Austria, Germany, Slovakia, The Czech Republic, Ukraine, Italy, France, Poland, and the Rest of Europe. In 2013, France, Italy, and Germany collectively accounted for a share of about 40% of the market. As per the research study, these countries are projected to register a strong growth rate in the next few years. The high growth of these nations can be attributed to the rising manufacturing activities of automotive tires. Furthermore, several countries in the Rest of the Europe segment, such as Spain, the U.K., and the Netherlands are predicted to experience a promising growth, thanks to the rapid development of the detergents industry.

Some of the key players operating in the sodium silicate market in Europe are PPG Industries, PQ Corporation, Evonik Industries, Tokuyama Europe GmbH, and BASF SE. The leading players in the market are focusing on the different stages of the value chain. Some of these companies are captively consuming the soda ash for the production of the sodium silicate and then provide services to the industries, such as agriculture, detergents and cleaning agents, elastomers, coatings, food and healthcare, and paper and pulp. As a result, the leading companies in the market have a robust presence across the different stages of the value chain. In addition to this, research and development activities in the market are estimated to accelerate the growth of the overall market in the next few years.

Sodium silicate, also known as water glass or liquid glass, is a colorless compound made from oxides of sodium and silica with varying ratios of SiO2 to Na2O, solids contents, and viscosity. Sodium silicate possesses excellent binding, adhesive, bleaching and sizing properties. Thus, it is extensively used in the manufacture of detergents, silica gel, cardboard, paper, textiles, paints, adhesives, pottery, sanitary ware, refractories, foundry and wood processing industries. Sodium silicate is available in two primary grades: neutral and alkaline. Materials of both these grades are available either in liquid or solid form.
 
This report provides a detailed description of the sodium silicate market in terms of volume share (kilo tons) and revenue (USD million) for the period from 2014 to 2020. The report highlights the factors contributing to the growth of the market and restraints that the market faces. Detailed forecasts have been provided for the years 2014 to 2020 for the sodium silicate market for better understanding of the individual market scenario. The sodium silicate market is described with respect to various segments along with opportunities that are expected in the next six years.
 
We have included a detailed raw material analysis along with the value chain in order to provide a holistic view of the sodium silicate market. An analysis of Porters’ five force’s model for the sodium silicate market has also been included to help understand the competitive intensity in the market. The study comprises market attractiveness analysis, wherein applications are benchmarked based on their market size, growth rate and general attractiveness.
 
For geographic analysis, the market has been segmented into regions such as Germany, France, Italy, Austria, Poland, Ukraine, the Czech Republic, Slovakia and Rest of Europe (RoE). The market has been segmented based on types of applications such as detergents, catalysts, pulp & paper, elastomers, food & healthcare and others. The study segments the market based on applications, and provides forecast and estimates for each application segment in terms of revenue and volume during the forecast period from 2014 to 2020.
 
Market estimates for this study have been based on volumes, with revenues being derived through regional pricing trends. The price for each of the materials mentioned in the report has been considered, and customized product pricing has not been included. Additionally, the market has been analyzed based on expected demand, and the market data for each segment is based on demand volumes and corresponding revenues. The prices considered for calculation of revenue are average regional prices obtained through primary quotes from numerous regional suppliers, distributors and direct selling regional producers. Furthermore, the market data is based on current information.
 
In order to compile the research report, we conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by an extensive secondary research. We reviewed key players’ product literature, annual reports, press releases and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations and agencies. This has proven to be the most reliable, effective and successful approach for obtaining precise market data, capturing industry participants’ insights and recognizing business opportunities. 
 
The report also offers a competitive landscape of the overall market with company profiles of players such as Albemarle Corporation, BASF SE, PQ Corporation, Evonik Industries, PPG Industries, Tokuyama Europe GmbH, and W.R. Grace & Company. A detailed description of company overview, financial overview and business strategy in addition to recent developments provides a thorough idea about the competitive positioning of players in the market. 
 
The report segments the sodium silicate market in Europe as:
 
Europe Sodium Silicate Market - Application Analysis
  • Detergents
  • Catalysts 
  • Pulp & Paper
  • Elastomers 
  • Food & Healthcare
  • Others (coating, agriculture, etc.)
Europe Sodium Silicate Market - Country Analysis
  • Germany 
  • France
  • Italy 
  • Austria
  • Poland
  • Ukraine
  • The Czech Republic
  • Slovakia 
  • Rest of Europe (RoE)
.