The U.S liquid sodium silicate market is expected to
reach USD 657.9 million by 2024, according to a new report by Grand View
Research, Inc. Growing demand for the product as an adhesive in pulp and paper,
and cement industry is expected to drive growth over the forecast period.
The U.S. liquid sodium silicate
industry is expected highly competitive owing to the presence of several major
manufacturers including PQ Corporation, OxyChem Corporation and PPG industries,
with large production capacities. The majority of the manufacturers are
involved in the captive consumption of the product to manufacture LSS derived
products including precipitated silica, zeolite and silica gel in order to tap
the rising consumer demand.
Increasing raw material prices
coupled with high transportation costs associated with LSS is likely to hamper
gross margins for the industry players. However, innovation in the
manufacturing process to replace conventional raw materials with rice husk is expected
to compel new players to enter into the market.
Browse full research report on U.S. Liquid Sodium
Silicate (LSS) Market: http://www.grandviewresearch.com/industry-analysis/us-liquid-sodium-silicate-lss-market
Further key findings from
the report suggest:
- Paper & pulp was a key application segment for
liquid sodium silicate and is expected to grow at a CAGR of over 3% from
2016 to 2024. Growing demand for the product for binding corrugated board,
angle boards, toilet tissues and paper napkins is expected to drive growth
- LSS A, which covers the SiO2/NO2O
ratio ranging from 3.22 to 3.5, is the most prominent product segment for
LSS. Rising demand for the product in acid-proof cement, adhesive
formulations, coating formulations, coating roofing granules, engine
coolants, drilling muds, and hardening concrete is likely to propel
industry growth
- Abundant availability of the raw materials including
soda ash, silica sand as well as rice husk in the Arkansas is expected to
propel industry growth in the region
- Parameters such as raw material prices and ratio, operational
cost, transportation cost are the three key factors which derives the
value of final; liquid sodium silicate products
- PQ corporation dominated the U.S. liquid sodium
silicate industry accounting over 35% of the overall market followed by
Oxychem Corporation, which accounted for a share of over 20% in 2015
- The key players in the U.S. liquid sodium silicate
industry include PQ Corporation, BASF, PPG Industries, W.R. Grace &
Company, J.M. Huber Corporation, OxyChem Corporation.
Read Our Blog: http://www.grandviewresearch.com/research-insights/us-liquid-sodium-silicate-market-insights-size-share
Grand View Research has segmented the U.S. liquid sodium
silicate market on the basis of application and region:
U.S. Liquid Sodium Silicate Market Product Outlook
(Volume, Kilo Tons, Revenue, USD Million, 2013 - 2024)
- LSS A
- LSS B
- LSS C
U.S. Liquid Sodium Silicate Market Application Outlook
(Volume, Kilo Tons, Revenue, USD Million, 2013 - 2024)
- Detergents
- Catalysts
- Pulp
& paper
- Elastomers
- Food
& healthcare
- Others
U.S. Liquid Sodium Silicate Regional Outlook (Volume,
Kilo Tons, Revenue, USD Million, 2013 - 2024)
- U.S.
- Texas
- Mississippi
- Louisiana
- Arkansas
- Illinois
- Georgia
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For more information: http://www.grandviewresearch.com
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