India Sodium Silicate Market size was valued at USD 1.8 Billion in 2024 and is expected to reach USD 2.8 Billion by 2033, at a CAGR of 5.3% during the forecast period 2024 – 2033.
India Sodium Silicate Market: Overview
Sodium silicate comes in several forms, the most popular of which being liquid solutions. Other forms include solid blocks and powders. The ratio of sodium oxide to silica, the concentration of the solution, and the manufacturing process are some of the variables that might affect the characteristics of sodium silicate.
In recent years, the sodium silicate market in India has witnessed several notable trends shaping its trajectory. The growing need for sodium silicate in a variety of industrial applications, including detergents, paper & pulp, building, textiles, and automotive, is one noteworthy development.
Urbanization, industrialization, and the rising emphasis on sustainability and eco-friendly products are some of the causes driving this increased demand. The creation of customized sodium silicate products suited to particular application needs has also been facilitated by technical improvements and innovations in manufacturing methods, which has further fueled market expansion.
Furthermore, the benefits of sodium silicate such as its binding, stabilizing, and corrosion-resistant qualities are becoming more well known to producers and consumers, which is encouraging its application in a variety of sectors. Overall, these trends indicate a positive outlook for the sodium silicate market in India, with continued expansion and innovation expected in the coming years.
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By form, the liquid segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033.
The trend in the sodium silicate market is shifting towards liquid forms due to their ease of handling, mixing, and application in various industrial processes. Convenience, better dispersion, and accurate dosage are three benefits of liquid sodium silicate that are propelling its expanding use in a variety of industries.
By application, the detergents & soaps segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033.
Consumer desire for sustainable and biodegradable goods is driving an increasing trend towards eco-friendly formulations in the detergent and soap business. Businesses are spending more money on R&D to produce greener substitutes that nonetheless function and are effective at cleaning.
CMI has comprehensively analyzed India Sodium Silicate market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict an in-depth scenario of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this India Sodium Silicate industry.
The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.
List of the prominent players in the India Sodium Silicate Market:
- Gujarat Multi Gas Base Chemicals Pvt. Ltd.
- Oriental Chemical Industries Limited
- Kiran Global Chems Limited
- Sujal Logistics Pvt. Ltd.
- Nirma Limited
- Gujarat Guardian Limited
- Indo Chemicals Pvt. Ltd.
- Dhirajlal & Company
- Indian Platinum Pvt. Ltd.
- Laxmi Organic Industries Ltd.
- Vijaya Enterprises
- National Silicate
- The Andhra Petrochemicals Limited
- Shri Shyam Enterprises
- Jay Intermediates & Chemicals
- Om Chemicals
- Quality Chemical Industries
- Swastik Chemicals
- Shanti Chemical Works
- Others
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