San Francisco, 9 January 2019: The Report U.S. Liquid Sodium Silicate (LSS) Market Analysis By Product (LSS A, LSS B, LSS
C), By Application (Detergents, Catalysts, Pulp & Paper, Elastomers, Food
& Healthcare), By State (Texas, Mississippi, Louisiana, Arkansas), And
Segment Forecasts, 2018 - 2024
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.
Access Research Report
of U.S. Liquid Sodium Silicate Market @ 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.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/green-building-materials
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.
Access Press Release of
U.S. Liquid Sodium Silicate Market@ www.grandviewresearch.com/press-release/us-liquid-sodium-silicate-lss-market-analysis
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.
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