Seattle, WA -- (SBWIRE) -- 10/16/2019 -- Silicates Market Latest Research Report 2018- 2026 covers a complete market structure across the world with the detailed industry analysis of major key factors. This report provides strategic recommendations consulted by the industrial experts including market forecasts, profit, supply, raw materials, labour cost, manufacturing expenses, proportion of manufacturing cost structure, latest market trends, demands and much more.
The progress in different sectors of the market that are highly dependent on market characteristics, industry chain, and market dynamics are also appearing in higher demand for the Silicates market. Due to the increase of new technologies, the Silicates market has been assisted in the development of the industry.
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Commercial sodium silicate is used in detergents, automotive, construction, adhesives, chemicals, and water treatment. Sodium silicate has high demand in the construction industry owing to its ability to inhibit porosity of materials such as plasters and concrete. Potassium silicates find major application in the agriculture industry to increase potassium in the soil. Furthermore, owing to its ability to soften water, potassium silicate is used in the process of manufacturing detergents. Magnesium silicate finds application in personal care industry, for manufacturing cosmetics, paper, and pharmaceuticals, particularly as an absorbent in talcum powders. Lithium silicates are used in the construction industry as hardening agents in concrete, and to improve durability of floor coatings.
Asia Pacific, North America, Europe, and Middle East are the largest markets for silicates, with Asia Pacific dominating the global market in terms of market share, revenue, and consumer demand. The region is expected to retain its dominance throughout the forecast period owing to the presence of populated economies such as China and India who are experiencing an increase in gross domestic product, disposable income, and purchase parity. Furthermore, the rapid industrialization and rising demand for construction materials in the region is expected to facilitate the growth of the market.
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Some of the prominent players in the global silicates market are Zhejiang Jiashan Dechang Powdered Materiai Co., Ltd., Evonik Industries AG, PPG Industries, BASF SE, W.R. Grace & Co., Huber Engineered Materials, PQ Corporation, Z.Ch. Rudniki SA, CIECH Group, Glassven C.A, Oriental Silicas Corporation, Silmaco NV, BEKO Troyan, Industrial Chemicals Ltd, SIEKEM d.o.o, Qingdao Dongyue Sodium Silicate, MAGNIFIN, and Aromachimie Company Ltd,.
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