Sodium Aluminum Silicate Market Industry Analysis, Size, Share, Growth, Trends and Forecast by 2027
Further, sodium aluminum silicates are also used as pigments owing to their high degree of white color. These are used in production of waterborne & solvent based paints, lacquers and printing inks, among others. Sodium aluminum silicates appeared to be effective extenders for titanium oxide in paint & coatings applications. Also, sodium aluminum silicates are used in agrochemicals, pharmaceuticals, rubber & rubber processing industry as free flowing and carrier agents and reinforcing fillers, among others. Also, Sodium Aluminum Silicates are available in various grade, depend upon its usage such as food, pharmaceuticals, technical, etc.
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Global Sodium Aluminum Silicate Market: Dynamics
Growing demand for anticaking or free flowing agents in food industry especially in manufacture of seasonings, spices and powdered food products, etc. is expected to drive the growth in demand for sodium aluminum silicates over the forecast period. Moreover, growing population coupled with increasing demand for packaged food products is expected to help drive the demand for Sodium Aluminum Silicate in food industry.
Hence, demand for Sodium Aluminum Silicate is expected to increase steadily with the growth of food industry. Furthermore, Sodium Aluminum Silicate is used as white pigment and extender for TiO2 in paints & coatings industry. Thus, rising demand for white pigment in paints & coatings applications is, in turn, expected to boost the demand for Sodium Aluminum Silicate. Another important application of sodium silicate is that in production of adhesives.
Global Sodium Aluminum Silicate Market: Regional Outlook
Sodium aluminum silicates market is mainly dominated by APAC region especially China, and India. China is expected to account for a significant share in overall global sodium aluminum silicate market in terms of production and consumption owing to significant demand from paints & coatings and food industry. Further, steady growth in food & beverages, paints & coatings, agrochemicals and rubber industry in APAC region is expected to help strengthen the region’s dominance in the market.
Market in APAC is expected to register a healthy CAGR over the forecast period. Further, North America followed by Europe is expected to account for significant share in global sodium aluminum silicate market. It is anticipated that the Sodium Aluminum Silicate market in North America and Europe will register relatively slower growth as compared to that in Asia Pacific region over the forecast period. Apart from this, the stringent regulations in these region are likely hamper the growth of sodium aluminum silicate market. Sodium aluminum silicate market in Latin America and Middle East & Africa (MEA) is expected to register steady growth.
Global Sodium Aluminum Silicate Market Participants
Some of the market participants in the global Sodium Aluminum Silicate market, identified across the value chain, include Huber Engineered Materials, Evonik Industries, IQE group, Glassven C.A., Shinya Chem, and Gujarat Multi Gas Base Chemicals Pvt. Ltd., among others.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, grades and application.
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Global Sodium Aluminum Silicate Market: Segmentation
On the basis of by type, global Sodium Aluminum Silicate market is segmented into;
- Natural
- Synthetic
On the basis of by grade, global Sodium Aluminum Silicate market is segmented into;
- Technical grade
- Food grade
- Pharma grade
On the basis of by Application, global Sodium Aluminum Silicate market is segmented into;
- Paints & coatings
- Food & Beverages
- Printing Inks
- Rubber Processing
- Others
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