April 21, 2022
According to the recent research report titled ‘Sodium Metasilicate Pentahydrate Market Size By Purity (29% [By Application {Cosmetics, Ceramic, Paper, Detergents, Textiles}], 50% [By Application {Oil Drilling, Cement, Textile, Detergent, Paper, Ceramics, Electroplating}], 99% [By Application {Washing Powder & Detergent, Textile, Cement, Paper, Ceramic, Metal Surface treatment, Chemical Production, Flameproofing, Mineral Floatation}], Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Poland, Czech Republic, Japan, India, China, Indonesia, South Korea, Brazil, Argentina, Iran, Saudi Arabia, Egypt, UAE, South Africa, Nigeria, Ethiopia), Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 - 2025’ available with MarketStudyReport, global sodium metasilicate pentahydrate market is estimated to exceed USD 875 million in valuation by 2025
Increasing global warming and growing cognizance regarding importance of environmental sustainability are some of the major factors driving the growth of the global sodium metasilicate pentahydrate market. Growing demand for alternate energy vehicles is fueling the expansion of the automobile sector, which in turn is contributing towards the overall market remuneration.
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By purity, 50% cement application segment is likely to account for over USD 30 million by 2025, owing to increase in demand for construction & renovation activities and favorable government initiatives towards ecological & sustainable activities.
Meanwhile, the 99% washing powder & detergent segment will surpass USD 100 million by the end of study period. Rising demand from different industries such as textile, restaurants, hospital, and hotels owing to its anti-redeposition, oil & grease removal properties, and buffering agent characteristics will boost market share.
Europe 29% sodium metasilicate pentahydrate industry from cosmetic applications is expected to generate revenues over USD 5 million by the end of forecasted timeline. This can be attributed to increasing usage of in hair color among the geriatric population to cover grey areas.
The leading companies operating in global plasma powder market are Henny Enterprises, Nippon Chemical Industrial Co. Ltd, Qingdao Haiwan Group Co. Ltd., Sigma-Aldrich (MillporeSigma), Mistral Industrial Chemicals, Jay Dinesh Chemicals, Qingdao Darun Chemical Industry Co. Ltd., Shanghai Yueda Industrial Co. Ltd., Silmaco, and American Elements.