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Date Submitted: 08/11/2015 11:01 PM
Transparency Market
Research
Sodium Silicate Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2015 - 2023
Published Date
11-Aug-2015
121 Page Report
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Press Release
Global Sodium Silicate Market is Expected to Reach US$ 6,933.6
Mn in 2023: Transparency Market Research
Transparency Market Research
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Sodium Silicate Market
REPORT DESCRIPTION
Sodium Silicate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 2023
Transparency Market Research has published a new market report titled “Sodium Silicate Market for
Detergents, Catalysts, Pulp & Paper, Elastomers, Food & Healthcare and Other Applications – Global
Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 – 2023.” The global sodium silicate
market was valued at US$ 5,561.4 Mn in 2014 and is expected to reach US$ 6,933.6 Mn in 2023, expanding at
a CAGR of 2.5% between 2015 and 2023.
Browse Market Research Report : http://www.transparencymarketresearch.com/global-sodium-silicatemarket.html
In terms of volume, Asia Pacific is projected to be the fastest-growing region in the sodium silicate market
between 2015 and 2023. Asia Pacific held over 45% share of the global sodium silicate market in 2014. China
accounted for major share of demand for sodium silicate in the region in 2014 due to increasing demand from
end-user industries such as household detergents and elastomers. Additionally, India is an agrarian economy;
hence, there is strong demand for sodium silicate in applications such as agrochemicals coupled with
household detergents, coatings, and textile. There is decent demand for sodium silicate from emerging
economies of India, Thailand, and South Korea. A similar trend is anticipated to continue during the forecast
period.
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