Ethyl Polysilicate Market is set for a Rapid Growth and is expected to Reach USD 705.7 Million by 2026

08-Jan-2020 | Zion Market Research

Zion Market Research has published a new report titled “Ethyl Polysilicate Market Report by Product Type (Ethyl Polysilicate 28, Ethyl Polysilicate 32, and Ethyl Polysilicate 40), by Application (Residential Binding Agent, Cross-linking Agent, Adhesive Agent, and Synthesis of Silica), and by End-Use Industry (Paint and Coatings, Chemical, Metal, Oil & Gas, Textile, Pharmaceuticals, Optical): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 - 2026    .”According to the report, the Ethyl Polysilicate Market accounted for USD 485 Million in 2018 and is expected to reach USD 705.7 Million by 2026, growing at a CAGR of around 4.8% between 2019 and 2026.

Browse the full “Ethyl Polysilicate Market: Report by Product Type (Ethyl Polysilicate 28, Ethyl Polysilicate 32, and Ethyl Polysilicate 40), by Application (Residential Binding Agent, Cross-linking Agent, Adhesive Agent, and Synthesis of Silica), and by End-Use Industry (Paint and Coatings, Chemical, Metal, Oil & Gas, Textile, Pharmaceuticals, Optical): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 - 2026” Report at https://www.zionmarketresearch.com/report/ethyl-polysilicate-market

The global ethyl polysilicate market is anticipated to observe noticeable growth over the years. Ethyl Polysilicate is a hydrolyzed and oligomerized form of ethyl silicate. It is a transparent liquid containing 28%, 32% or 40% silica (SiO2) by mass and is a mixture of monomers, dimers, trimers, and cyclic polysiloxanes. There is immense scope in the ethyl polysilicate market owing to its properties, variety of applications and growing demand in the market. The moisture-resistant, high rigidity, high adhesion, and high resistance are the properties that are impelling the demand for the ethyl polysilicate market. The rising demand for ethyl polysilicate from the paint and coating industry is projected to drive the market. Additionally, the increasing government initiatives undertaken for the development of schools and hospitals related to the healthcare and education sector are anticipated to drive the ethyl polysilicate market owing to its utilization in paint and emulsions manufacturing.

Global Ethyl Polysilicate Market

The global ethyl polysilicate market has been categorized on the basis of product type and end-use industry. In terms of the product type, the ethyl polysilicate market is segmented into ethyl polysilicate 28, ethyl polysilicate 32, and ethyl polysilicate 40. The global ethyl polysilicate 40 segment is expected to witness substantial growth within the forecast period. It is extensively used as a binder in emulsions, paints, gels and cement slurry due to its fast-drying rate which provides assistance under extreme environmental conditions. It also provides superior adhesive strength which upholds the durability of paints and emulsion for a longer span. On the basis of application, the ethyl polysilicate is categorized into the residential binding agent, cross-linking agent, adhesive agent, and synthesis of silica.  The binding agent application segment is expected to have a maximum market share within the forecast period. It is typically used as a binder in the construction industry, due to its property of linking which helps constructors in removing airy patches and pores which declines mechanical stability and strength. Moreover, it also improves adhesive power by enhancing strength to weight ratio along with rigidity and robustness which is expected to grow the segment at a faster pace within the forecast timeframe. End-use industry-wise, the market is segmented paint and coatings, chemical, metal, textile, pharmaceuticals, optical. The textile industry is expected to have a maximum share within the forecast timeline. It is used as a chemical modifier in the textile industry due to its superior attributes such as resistant towards dust & decay and reduction in shrinkage. It also enhances finishes by imparting dirt-repellent property to yarns and fabrics which may bolster the market size within the forecast period.

The key manufacturers for the global ethyl polysilicate market are Wacker, Nangtong Chengua Chemical, Jinzhou Longhua Petrochemical Momentive, COLCOAT, Evonik, and Changzhou Wujin Hengye Chemical. 

This report segments the global ethyl polysilicate market as follows:

Global Ethyl Polysilicate Market: Product Type Segment Analysis

  • Ethyl Polysilicate 28
  • Ethyl Polysilicate 32
  • Ethyl Polysilicate 40

Global Ethyl Polysilicate Market: Application Analysis

  • Residential Binding Agent
  • Cross-linking Agent
  • Adhesive Agent
  • Synthesis of Silica

Global Ethyl Polysilicate Market: End-Use Industry Analysis

  • Paint and Coatings
  • Chemical
  • Metal
  • Oil & Gas
  • Textile
  • Pharmaceuticals
  • Optical

Global Ethyl Polysilicate Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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