The silicates market is driven by a variety of factors, including increasing demand for construction materials, ceramics, and glass products. Silicates are used as binding agents in cement and concrete, and as raw materials for manufacturing ceramics and glass. The growing construction industry, especially in emerging economies, is expected to boost demand for silicates. The increasing use of silicates in detergents and soaps for their cleaning and anti-corrosive properties is also expected to drive market growth. However, the market may face challenges due to environmental concerns associated with the mining and production of silicates. In addition, the availability of alternative materials and the high cost of production may also hinder market growth. The Silicates market is dominated by key players such as PQ Corporation, W.R. Grace & Co., Evonik Industries, and Tokuyama Corporation.
Major Players in the Silicates Industry:
1. Zhejiang Jiashan Dechang Powdered Material Co., Ltd.
Founded in 2000, Zhejiang Jiashan Dechang Powdered Material Co., Ltd. is a Chinese company that specializes in the production of various silicates and related products. Its headquarters is located in Jiashan County, Zhejiang Province. The company operates in China and several other countries, including the United States, Japan, and South Korea. In December 2021, the company announced a new research and development center dedicated to the development of new silicate products.
2. Evonik Industries AG
Founded in 2007 through the merger of Degussa and Hüls, Evonik Industries AG is a German specialty chemicals company that produces a range of products including silicates. Its headquarters is located in Essen, Germany, and the company operates in over 100 countries worldwide. In February 2022, Evonik announced the launch of a new series of silica-based products for use in the automotive and construction industries.
3. PPG Industries
Founded in 1883, PPG Industries is an American company that produces coatings, specialty materials, and chemicals, including silicates. Its headquarters is located in Pittsburgh, Pennsylvania, and the company operates in over 70 countries worldwide. In October 2021, PPG Industries announced the acquisition of BASF's global pigments business, which includes production sites for silicates.
4. BASF SE
Founded in 1865, BASF SE is a German chemical company that produces a wide range of products including silicates. Its headquarters is located in Ludwigshafen, Germany, and the company operates in over 80 countries worldwide. In October 2021, BASF announced the sale of its global pigments business, including silicates production sites, to PPG Industries.
5. W.R. Grace & Co.
Founded in 1854, W.R. Grace & Co. is an American specialty chemicals and materials company that produces a range of products including silicates. Its headquarters is located in Columbia, Maryland, and the company operates in over 30 countries worldwide. In September 2021, W.R. Grace & Co. announced the acquisition of a silica gel manufacturing facility in Malaysia.
6. Huber Engineered Materials
Founded in 1883, Huber Engineered Materials is an American specialty chemicals company that produces a range of products including silicates. Its headquarters is located in Atlanta, Georgia, and the company operates in several countries worldwide. In December 2021, Huber announced the acquisition of a manufacturer of specialty chemicals including silicates.
7. PQ Corporation
Founded in 1831, PQ Corporation is an American chemicals company that produces a range of products including silicates. Its headquarters is located in Malvern, Pennsylvania, and the company operates in over 20 countries worldwide. In January 2022, PQ Corporation announced the acquisition of a manufacturer of sodium silicate products.
8. Z.Ch. Rudniki SA
Founded in 1896, Z.Ch. Rudniki SA is a Polish chemicals company that produces a range of products including silicates. Its headquarters is located in Rudniki, Poland, and the company operates in several countries worldwide. In January 2022, Z.Ch. Rudniki SA announced the acquisition of a manufacturer of silica products.
9. CIECH Group
Founded in 1945, CIECH Group is a Polish chemicals company that produces a range of products including silicates. Its headquarters is located in Warsaw, Poland, and the company operates in several countries worldwide. In November 2021, CIECH Group announced the acquisition of a manufacturer of soda ash and sodium bicarbonate products
10. Glassven C.A
Founded in 1954, this Venezuelan company is a leading producer of specialty silica products for the glass, ceramics, and construction industries. Its headquarters are located in Caracas, Venezuela, and the company operates in over 10 countries in Latin America.
11. Oriental Silicas Corporation
Established in 1995, this Taiwanese company is a leading producer of specialty silica products for the rubber, paint, and coating industries. Its headquarters are located in Taipei, Taiwan, and the company operates in over 10 countries worldwide.
Definition- Silicates are chemical compounds that contain silicon, oxygen, and one or more metals. They are the most common minerals in the Earth's crust and are widely used in various industrial applications.
