Sodium Metasilicate Pentahydrate Prices December 2023
Product
|
Category |
Region |
Price |
Sodium Metasilicate Pentahydrate |
Specialty Chemical |
USA |
335 USD/MT |
The price of sodium metasilicate pentahydrate in the USA reached 335 USD/MT by the end of Q4 2023.
Sodium Metasilicate Pentahydrate Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Sodium Metasilicate Pentahydrate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of sodium metasilicate pentahydrate pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
It encompasses an in-depth review of spot prices at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of sodium metasilicate pentahydrate price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing sodium metasilicate pentahydrate price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.
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Sodium Metasilicate Pentahydrate Market Analysis
The global sodium metasilicate pentahydrate market size reached US$ 589.1 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 765.3 Million, at a projected CAGR of 3.00% during 2023-2032.
- Sodium metasilicate pentahydrate is employed in a wide range of industrial applications due to its chemical flexibility. It is an important ingredient in detergents, cleaning agents, and industrial cleaners because it acts as a buffer, emulsifier, and corrosion inhibitor. It is also used in the production of paper, textiles, ceramics, and water treatment procedures. The need for this compound is mostly driven by its wide range of uses in many sectors.
- The increasing awareness of environmental sustainability and the demand for eco-friendly products are supporting the market expansion. As a biodegradable and non-toxic compound, it is preferred over other harsh chemicals in cleaning and detergent formulations. Another factor driving up demand for this compound is the increased need for safer and greener cleaning products in both home and commercial settings.
- The construction industry is a significant consumer of this chemical, using it in various applications such as cement and concrete mixtures, adhesives, and sealants. It improves concrete's strength and endurance, giving construction projects greater results. With the global construction industry experiencing steady growth, the demand for sodium metasilicate pentahydrate continues to rise. The Asia Pacific region is a key construction and real estate market that will touch nearly 40% of the industry’s output value by 2030. According to the IMARC analysis, the real estate industry is predicted to touch $8,654 billion by 2032. It is growing at a rate of 1.9% from 2024 to 2032, which is leading to a hike in construction activity.
- The automotive industry utilizes this compound in formulations for cleaning and degreasing agents, rust removers, and metal surface treatment. As the automotive sector expands, driven by rising vehicle production and increasing demand for maintenance and cleaning products, the market for sodium metasilicate pentahydrate is positively impacted. The production of passenger automobiles worldwide reached 50 million units in 2022, up 9% from the year before, according to the Organisation Internationale des Constructeurs d'Automobiles (OICA). Beyond this, the commercial vehicle market is expected to increase at a 3.6% annual rate to reach USD 1114.2 billion by 2032.
- Advancements in manufacturing processes and improvements in production efficiency have led to increased availability and reduced costs of the product. Modern manufacturing techniques allow for higher purity and consistent quality, meeting the stringent requirements of various end-use industries. This has made the compound more accessible and attractive to a broader range of applications.
Sodium Metasilicate Pentahydrate News
The report covers the latest developments, updates, and trends impacting the global sodium metasilicate pentahydrate market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in sodium metasilicate pentahydrate production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the sodium metasilicate pentahydrate price trend.
Latest developments in the sodium metasilicate pentahydrate industry:
- In July 2023, PQ Corporation unveiled its plan to expand the production of various silica at its existing facility in Pasuruan, Indonesia.
Product Description
Sodium metasilicate pentahydrate is an inorganic compound with the chemical formula Na₂SiO₃·5H₂O. It is a crystalline solid with an approximate pH of 12.6 that dissolves readily in water to generate a highly alkaline solution. This molecule has distinct molecular weight (212.14 g/mol) and density (1.49 g/cm³), among other unique physical and chemical characteristics.
It is typically produced by fusing high-purity sand with soda ash (sodium carbonate) at high temperatures. The resulting product is then dissolved in water, cooled, and crystallized to form the pentahydrate. This chemical is used in detergents, cleaning agents, cement, concrete mixtures, degreasing agents, rust removers, textile processing, water treatment, paper manufacturing, and the ceramic industry. This compound is known for its effective cleaning, eco-friendly nature, corrosion inhibition, and cost-effectiveness. It aids in improving the longevity of products, extending the lifespan of equipment, and protecting metal surfaces from corrosion.
Regional Coverage
The report provides a detailed analysis of the sodium metasilicate pentahydrate market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the sodium metasilicate pentahydrate price trend.
Global Sodium Metasilicate Pentahydrate Price
The report offers a holistic view of the global sodium metasilicate pentahydrate pricing trends, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level.
Europe Sodium Metasilicate Pentahydrate Price
European sodium metasilicate pentahydrate prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.
This analysis can be extended to include detailed sodium metasilicate pentahydrate price information for a comprehensive list of countries.
Region |
Countries Covered |
Europe |
Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Sodium Metasilicate Pentahydrate Price
The analysis of sodium metasilicate pentahydrate prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.
Specific data on sodium metasilicate pentahydrate prices within the United States and Canada can also be provided.
Region |
Countries Covered |
North America |
United States and Canada |
Middle East and Africa Sodium Metasilicate Pentahydrate Price
The report explores the sodium metasilicate pentahydrate pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
In addition to region-wise data, information on sodium metasilicate pentahydrate prices for countries can also be provided.
Region |
Countries Covered |
Middle East & Africa |
Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Sodium Metasilicate Pentahydrate Price
The sodium metasilicate pentahydrate pricing trends in Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.
This analysis can be further extended to include detailed sodium metasilicate pentahydrate prices for a comprehensive list of countries within the region.
Region |
Countries Covered |
Asia Pacific |
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Sodium Metasilicate Pentahydrate Price
The analysis of sodium metasilicate pentahydrate prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.
This comprehensive review can be extended to include specific countries within the region.
Region |
Countries Covered |
Latin America |
Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
Key Attributes |
Details |
Product Name |
Sodium Metasilicate Pentahydrate |
Report Features |
Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Price Analysis, and Segment-Wise Assessment. |
Currency/Units |
US$ (Data can also be provided in local currency) or Metric Tons |
Region/Countries Covered |
The current coverage includes analysis at the global and regional levels only.
Based on your requirements, we can also customize the report and provide specific information for the following countries:
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand*
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece*
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru*
Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco*
*The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
Information Covered for Key Suppliers |
- Company Overview
- Business Description
- Product Portfolio
- Recent Trends and Developments
|
Customization Scope |
The report can be customized as per the requirements of the customer |
Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
- Scope
- Historical Data for the Current Month
- Forecast for Next Month
- Total Deliverables Per Year: 12 (One Per Month)
- Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year
Plan B: Quarterly Updates - Annual Subscription
- Scope
- Historical Data for the Current Quarter
- Forecast for Next Quarter
- Total Deliverables Per Year: 4 (One Per Quarter)
- Includes: One PDF and Excel datasheet per Quarter, Post Purchase Analyst Support throughout the year
Plan C: Biannually Updates - Annual Subscription
- Scope
- Historical Data for the Current Half
- Forecast for the Next Half
- Total Deliverables Per Year: 2 (One Per 6 Months)
- Includes: One PDF and Excel datasheet per Half, Post Purchase Analyst Support throughout the year
|
Post-Sale Analyst Support |
360-degree analyst support after report delivery |
Delivery Format |
PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of sodium metasilicate pentahydrate pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
- The study examines factors affecting sodium metasilicate pentahydrate price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights, ensuring they remain at the forefront of the sodium metasilicate pentahydrate industry.