The leading players in the global sodium silicate market are PQ Corporation, Occidental Chemical Corporation, and Kiran Global Chems Ltd. Collectively these players held a share of 12.8% in the global market in 2014, states Transparency Market Research (TMR). Companies are expected to invest in backward integration, which refers to production of both sodium silicate and the raw materials required for its production in the coming years. To stay ahead of the competition these companies are expected to offer services to the end-user industries in the near future. According to the research report, the global sodium silicate market is estimated to rise at a CAGR of 2.5% between 2015 and 2023. The market stood at US$5.8 bn by the end of 2016 and is expected to reach a valuation of US$6.9 bn by the end of 2023. The widening application of this colorless compound are expected to drive the global market on the path of success over the forecast period. Browse The Ful...
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