Global Construction Boom Fuels Demand in the Potassium Silicate Market

Dublin, Nov. 10, 2023 (GLOBE NEWSWIRE) -- The "Global Potassium Silicate Market Analysis: Demand & Supply, End-User Demand, Distribution Channel, Regional Demand, 2015-2035" report has been added to's offering.

The global market for Potassium Silicate is witnessing significant growth, primarily driven by the construction industry's burgeoning demand for high-quality concrete. The detailed report covers a span from 2015 to 2035, including historical data and future forecasts, emphasizing the market's steady growth at a compound annual growth rate (CAGR) of 2% from 2021 to 2035.

  • Construction Industry Dominance: With a commanding 48% usage rate in 2021, the construction sector's reliance on potassium silicate is projected to continue.
  • Asia Pacific Leading Consumption: Over 50% market share in 2021 with expectations of further growth driven by fertilizer and industrial applications.
  • Sector-Wide Applications: In addition to construction, the welding, detergents, and molecular sieves sectors are significant market contributors.

Regional Insights
  • Asia Pacific: The frontrunner in potassium silicate consumption with a strong forecasted demand linked to industrial and agricultural development.
  • North America and Europe: These regions follow APAC closely, with a stable and consistent market presence.

Market Segmentation
  • End-User Analysis: Deep dive into the consumption patterns across various industries.
  • Distribution Channel Dynamics: Insight into direct and indirect sales impact on the market.
  • Regional Demand Distribution: A detailed look at how different regions contribute to market dynamics.

Key Market Influences
  • Sealant and Strength Properties: Potassium silicate's unique properties that enhance concrete quality are underlined as a key market driver.
  • Innovation in Applications: Emerging uses in various industrial sectors present new opportunities for market expansion.

The study serves as a critical instrument for key stakeholders, policy makers, and market researchers, providing actionable insights that can shape industry strategies and economic forecasts.

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