Key Findings
The Russia sodium silicate market is anticipated to record a CAGR of 3.92% in terms of volume and 4.85% in terms of revenue over the projected period. The country’s market growth is primarily stimulated by factors such as the prevalence of leading manufacturing companies. The base year considered for the market studied is 2020, and the estimated years are from 2021 to 2026.
Market Insights
Sodium silicate, also known as water glass or soluble glass, is characterized as a chemical compound comprising silica (silicon dioxide, SiO2) as well as sodium oxide (Na2O). In addition to possessing the beneficial property of being soluble in water, the compound forms a glassy solid. The water glass is sold as clear syrupy liquids, powders, and solid clumps.
JSC Salavatsteklo, a significant glass and glass products manufacturer in Russia, produces soluble sodium silicate. It is a chemical compound of inorganic origin, also termed metasilicate sodium or sodium silicate glass. The company is operational across more than 20 nations globally, thereby augmenting the revenue of Russia’s sodium silicate market. As a result, these factors are anticipated to fuel the market growth over the forecasted period.
Competitive Insights
Some of the key players operating in the market are Nortex-Chem, JSC Kaustik, Brenntag, 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