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The expansion of the Silicates Market is being driven by several factors such as increasing demand from various industries, advancements in technology, and growing awareness of sustainable and eco-friendly materials. The construction, automotive, electronics, and healthcare industries are the primary application areas for silicates. As new applications and technologies emerge, the demand for silicates is expected to continue to grow, making it a promising market for investors and businesses in the coming years.
One of the main elements fostering a favourable view for the market is the significant growth of the pulp and paper sector globally. Sodium silicate is frequently used as an adhesive to join paper board and cardboard, as well as a stabiliser for pulp bleaching and an additive for de-inkling recycled paper. The construction industry's growing use of the products for soil stabilisation, cement refractories, and concrete hardening is also helping the Silicates Market expand. The development of the market is being boosted by a number of product advancements, such as the use of environmentally friendly raw materials in the production of sodium silicate.