SELBYVILLE, Delaware, June 20, 2019 /PRNewswire/ -- The ethyl polysilicate market share is predicted to rise from USD 485 million in 2018 to over USD 670 million by 2025, according to a 2019 Global Market Insights, Inc. report. Growing application potential in paints due to its high adhesive power and cross-linking properties will have positive impact on ethyl polysilicate market growth. These characteristics proves advantageous for wall surfaces to remain intact with paint thus providing stability along with moisture resistance which is likely to boost industry size by 2025.
Government initiatives including new healthcare schemes and education for all has generated demand for building of new public infrastructure including schools and hospitals which will drive industry growth. The product is utilized in concrete & cement processing due to its property of air pores removal and vapors from concrete blocks which is likely to fuel ethyl polysilicate industry size in estimated timeframe.
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Ethyl polysilicate market share from synthesis of silica is likely to grow over 3.5% by 2025. The product is widely used in end-use industries including oil & gas and metallurgy as an adhesive, binder and sealant which helps in protecting oil wells, refineries and metallic surfaces from water contaminants. These chemicals shield wells from getting hydrolyzed, thus maintaining crude oil quality and yield, thereby propelling industry growth.
Ethyl polysilicate 32 market size is predicted to exceed USD 115 million by 2025. This product is composed of 32% of silica content by weight and has its utilization as a cross-linking agent. It is widely utilized in cold areas due to its quick drying property which binds two surfaces along with enhancing shear strength and bodyweight ratio which may foster the market in projected timeframe.
It is a flammable & toxic product, direct exposure to it can cause medical inflammations including ailment associated with eye, central nervous system, respiration, liver and kidney. Workers involved in manufacturing of this product for longer duration may suffer from chronic uncurable diseases which may affect the market share by 2025.
Browse key industry insights spread across 380 pages with 584 market data tables & 24 figures & charts from the report, "Ethyl Polysilicate Market Size By Product (Ethyl Polysilicate 28, Ethyl Polysilicate 32, Ethyl Polysilicate 40), By Application (Residential Binding Agent, Cross-linking Agent, Adhesive Agent, Synthesis of Silica), By End Use (Paint and Coatings, Chemical, Metal, Textile, Pharmaceuticals, Optical) Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Russia, Spain, China, Japan, India, South Korea, Thailand, Malaysia, Australia, Brazil, Saudi Arabia, UAE, South Africa), Application Potential, Price Trend, Competitive Market Share & Forecast, 2019 – 2025" in detail along with the table of contents:
Germany ethyl polysilicate industry size from adhesive agent application is likely to witness strong gains of 3.5% by 2025. The product is used in metal and chemical industry due to its high adhesive power which helps to bind metal containers, storage bags for chemicals and pharmaceutical industry. These factors may stimulate product demand by foreseeable timeframe.
China ethyl polysilicate market share from pharmaceutical industry is projected to exceed USD 5 million by 2025. It is utilized in medical products packaging including medicines and injections. It binds medicinal product with an airtight covering around it which maintains sterilized environment and shield drugs from getting contaminated by pathogens & bacteria which may promote market growth in the estimated timeline.
Global ethyl polysilicate market share is competitive and slightly fragmented with key industry players including Tritech Catalyst and Intermediate Pvt. Ltd., Evonik, Wacker, COLCOAT, YAJIE Chemical and Hopeful silane. Increasing demand has encouraged manufacturers to invest in R&D initiatives to develop novel products. Companies are spending on developing new technologies along with improving existing products which may fuel the industry share.
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