U.S. Liquid Sodium Silicate Market is expected to value at USD 657.9 million by 2024. The market is subject to witness a substantial growth due to the increasing adoption of liquid sodium silicate (LSS) as an adhesive in pulp and paper, and cement industry. Application of liquid sodium silicate (LSS) include for production of elastomers as a reinforcing filler and an adhesive in pulp and paper industry. These factors are expected to drive the growth of liquid sodium silicate (LSS) industry over the forecast period. Furthermore, the U.S. liquid sodium silicate market is predicted to grow at CAGR of 4.0% in the forecast period, providing numerous opportunities for market players to invest for research and development in the U.S. market.
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The key driving factors responsible for the growth of U.S. Liquid Sodium Silicate market :
Moreover, use of liquid sodium silicate (LSS) as adhesive or bonding agent in paper & paperboards industry is anticipated to fuel the growth of U.S. liquid sodium silicate industry over the next seven years. Liquid sodium silicate is dominating the entire sodium silicate sector with largest market share of the total production. Higher production capacity, rising number of supply & demand cycles and increasing import & export activities in the region are expected to foster the growth of U.S. liquid sodium silicate (LSS) market over the next seven years.
Moreover, easy availability of raw materials due to its natural abundance serves as a critical factor for sustained market growth. However, factors such as stringent the rules and regulations by local governments all across the globe owing to generation of chemical waste is predicted to negatively influence marker progress. Increasing adoption of liquid sodium silicate and its derivatives in various industry applications such as production of cements, ceramics, welding rods, agriculture, mining and water treatment are projected to stimulate industry growth over the next seven years.
The U.S. liquid sodium silicate (LSS) industry is broadly categorized into five major segments based on the application type such as detergents segment, catalysts, pulp & paper industry, elastomers segment and food & healthcare sector. The detergents is considered as one of the fastest growing segment in the U.S. liquid sodium silicate market with substantial revenue generation in the last few years. Growing popularity of liquid sodium silicate (LSS) in the detergents segment is attributed to its unique properties such as de-flocculation, anti-redeposition, emulsification and corrosion resistance. The pulp & paper industry segment has also witnessed substantial growth owing to the increasing use as an adhesive.
U.S. has shown major growth in recent years owing to the rise in the implementation of latest technologies in pulp & paper industry, and food & healthcare sector. Other factor responsible for sustained market growth include increase in the number of research & development activities in the region and existence of well-established manufacturing infrastructure in the region. The key players in the U.S. liquid sodium silicate industry are PQ Co., OxyChem Co., PPG Industries, Inc., and W.R. Grace & Company.
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The growing demand for voice-based biometrics in enterprise applications and BFSI is likely to attribute to the growth of the market.
Further, increasing use of voice-based in-car infotainment systems is estimated to augment the demand in the automotive sector.
In addition, the growing use of speech-based technology in the mobile map for navigation is estimated to fuel the market growth.
Voice recognition is rapidly adopted in various consumers’ devices such as laptop, smartphone and IoT-enabled equipment.
Major market players in the U.S are emphasizing on offering services including voice-based intelligent personal assistant software and application.
The growing trend of smart home automation is the other factor projected to drive market growth.
Global Sourdough Market Research Report 2021-2028The Sourdough Market research report study the market position worldwide, from different angles, such as from the geological regions, key player’s point, types of product, and application.This Sourdough market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market.The sourdough market is expected to witness market growth at a rate of 5.8% in the forecast period of 2021 to 2028.
Sourdough Market by Product Type-Type IType IIType IIISourdough Market by Application-Food and BeveragesPancakesWafflesDessertsOthersCrucial points covered in the report:Powerful insights to support grow your business.Analysis of efficient strategies to improve market performanceGuidance to transform your strategic and outfitted programsThe analysis helps you to build result-oriented business modelsRight directions guide you to develop internal capabilities for booming your business valueGuidance on right decision-making and performance enhancementCompetitive Analysis: Sourdough MarketErnst Böcker GmbH & Co. KG, PURATOS, Boudin Bakery, Truckee Sourdough Company, Morabito Baking Co., Inc., Don Rodrigo Sourdough Bakery, Rotella’s Italian Bakery, Wild Wheat, Nantucket Baking Company, Casa Dolce, Macphie, Shepherds Artisan Bakehouse, among other domestic and global players.Key questions answered in this report:-What will be the market size and what will be the growth rate in 2028?What are the challenges for market expansion?What are the main aspects that help to drive the Sourdough Market?Who are the key competitors of this Global Sourdough Market industry?What are the Sourdough Market opportunities and threats faced by the manufacturers in the Sourdough industry?What are the revenue and sales analysis of the Sourdough Market?This research report offers an in-depth analysis of the current as well as future market trends, and key regions of the Sourdough industry.
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