Key Findings
The Asia-Pacific sodium silicate market is anticipated to record a CAGR of 2.77% in terms of volume and 3.30% in terms of revenue over the forecasted period of 2021 to 2028. The market growth of the region is mainly attributable to the robust manufacturing base for detergents, the presence of numerous tire manufacturing companies such as Sumitomo Rubber Co Ltd and Goodyear, and the ongoing research endeavors linked to sodium silicate.

Market Insights
The Asia-Pacific sodium silicate market growth evaluation includes the in-depth study of Thailand, Australia & New Zealand, South Korea, China, India, Japan, Indonesia, and the rest of the Asia-Pacific. India possesses the second-largest revenue share across the Asia-Pacific sodium silicate market in terms of both manufacturing and revenue. One of the top players in the market, Kiran Global Chems Ltd, is situated in the country, proving to be a significant growth driver. In addition, numerous other companies dealing in India’s sodium silicate market, namely, Sahajana Industries, Vizag Chemicals, and others, play a vital role in fueling the growth of the region.
In contrast, according to the World Integrated Trade Solutions (WITS), South Korea was the leading importer of sodium silicate in 2018, with a trading volume accounting for $3.22 billion. Furthermore, Brenntag supplies sodium silicate to the country, as well. South Korea also possesses its own industry standards for chemical substances, mandatory for companies to follow. Therefore, these factors are estimated to propel the market growth in the Asia-Pacific during the forecast years.

Competitive Insights
Some of the distinguished players operating in the market are Kiran Global Chems Ltd, C Thai Chemicals Co Ltd, Nippon Chemicals Industrial Co Ltd, etc.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments