Market Overview:
The global Lithium Silicate Densifier market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for Lithium Silicate Densifier from various end-use industries such as residential, commercial, and industrial. In terms of volume, North America is expected to lead the global Lithium Silicate Densifier market during the forecast period followed by Europe and Asia Pacific. The key players operating in this market are BASF SE (Germany), PPG Industries Inc. (U.S.), Kansai Paint Co., Ltd.(Japan), Akzo Nobel N.V.(Netherlands), Sherwin-Williams Company (U.S.), RPM International Inc.(U S.), Diamond Vogel Paints(U S.
Product Definition:
Lithium Silicate Densifier is a product that is used to increase the density of concrete. It can be used as a standalone product or in conjunction with other densifiers. The main purpose of Lithium Silicate Densifier is to improve the durability and abrasion resistance of concrete.
Content Below 10%:
The content below 10% is used as a filler in the production of lithium silicate densifiers. The primary function of this product is to help in maintaining the flow properties and viscosity of the mixture during its preparation process. It also helps to maintain uniform pore structure within the final product, which ensures even load distribution across all layers within a given cake.
Content 10-15%:
The content 10-15% is used as a filler material in the production of lithium silicate densifier. The lithium silicate densifier is used for manufacturing glass wool, which is further utilized in the battery industry. Glass wool can absorb 20 times its weight in water and has excellent insulating properties; thus it finds application as an insulator for electric batteries.
Application Insights:
The demand for LiSiO2 densifier is expected to witness growth in the residential sector owing to rising adoption of energy-efficient products. The residential sector accounted for a market share of over 50% in 2016 and is projected to continue its dominance over the forecast period. Rising urbanization, consumer preference for low-consumption appliances, and government initiatives promoting home ownership are likely to propel product demand in this segment.
The commercial application segment was valued at USD 85.0 million in 2016 and is anticipated to grow at a CAGR of XX% from 2017to 2030 owingto increasing applicationsin construction & infrastructure projects including high rise buildings, roads, water systems etc., as it helps reduce the weight of concrete by approximately 25%. It also reduces shrinkage when wet after curing which aids proper hydration process resulting into improved durability compared with traditional concretes that use sand as their main ingredient without LiSiO2 additive.
Regional Analysis:
Asia Pacific dominated the global lithium silicate densifier market in 2017. The region is expected to continue its dominance over the forecast period as well, owing to growing demand from end-use industries such as construction and automotive. China is one of the largest markets for construction materials globally, with a significant share being occupied by residential buildings. This trend is projected to continue driving regional product demand over the forecast period.
North America emerged as a major consumer of lithium silicate densifiers in 2017 on account of rising investments in infrastructural development coupled with increasing focus on enhancing passenger safety at automobile speeds across U.
Europe accounted for around 20% market share in terms of revenue owing to rising application scope within industrial manufacturing sectors including aerospace & defense, electronics among others along with high consumption levels within Germany.
Growth Factors:
- Increasing demand from the construction industry for flooring and paving stones
- Rising demand for Lithium Silicate Densifier in the Asia Pacific region
- Growing use of Lithium Silicate Densifier in paints and coatings to improve surface finish and durability
- Increasing awareness about the benefits of using Lithium Silicate Densifier among consumers
- Technological advancements that have led to development of new products with better performance
Scope Of The Report
Report Attributes
Report Details
Report Title
Lithium Silicate Densifier Market Research Report
By Type
Content Below 10%, Content 10-15%, Content Above 15%
By Application
Residential, Commercial, Industrial
By Companies
Mapei, M3 Technologies, Inc, PROSOCO, Bautech, Foundation Armor, Proven Performance Chemicals, Tech-Dry, RJSC Corp, Proven Performance Chemicals, H&C Decorative Concrete, Mapei, KGS Diamond Australasia, RachTR
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Lithium Silicate Densifier Market Report Segments:
The global Lithium Silicate Densifier market is segmented on the basis of:
Types
Content Below 10%, Content 10-15%, Content Above 15%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mapei
- M3 Technologies, Inc
- PROSOCO
- Bautech
- Foundation Armor
- Proven Performance Chemicals
- Tech-Dry
- RJSC Corp
- Proven Performance Chemicals
- H&C Decorative Concrete
- Mapei
- KGS Diamond Australasia
- RachTR
Highlights of The Lithium Silicate Densifier Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Content Below 10%
- Content 10-15%
- Content Above 15%
- By Application:
- Residential
- Commercial
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Lithium Silicate Densifier Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Lithium silicate densifier is a type of material that helps to increase the density of a material. This can be helpful in cases where the material needs to be increased in weight or size.
Some of the major companies in the lithium silicate densifier market are Mapei, M3 Technologies, Inc, PROSOCO, Bautech, Foundation Armor, Proven Performance Chemicals, Tech-Dry, RJSC Corp, Proven Performance Chemicals, H&C Decorative Concrete, Mapei, KGS Diamond Australasia, RachTR.
The lithium silicate densifier market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lithium Silicate Densifier Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Lithium Silicate Densifier Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Lithium Silicate Densifier Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Lithium Silicate Densifier Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Lithium Silicate Densifier Market Size & Forecast, 2020-2028 4.5.1 Lithium Silicate Densifier Market Size and Y-o-Y Growth 4.5.2 Lithium Silicate Densifier Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Content Below 10%
5.2.2 Content 10-15%
5.2.3 Content Above 15%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lithium Silicate Densifier Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Lithium Silicate Densifier Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Content Below 10%
9.6.2 Content 10-15%
9.6.3 Content Above 15%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Content Below 10%
10.6.2 Content 10-15%
10.6.3 Content Above 15%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Content Below 10%
11.6.2 Content 10-15%
11.6.3 Content Above 15%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Content Below 10%
12.6.2 Content 10-15%
12.6.3 Content Above 15%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Content Below 10%
13.6.2 Content 10-15%
13.6.3 Content Above 15%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Lithium Silicate Densifier Market: Competitive Dashboard
14.2 Global Lithium Silicate Densifier Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mapei
14.3.2 M3 Technologies, Inc
14.3.3 PROSOCO
14.3.4 Bautech
14.3.5 Foundation Armor
14.3.6 Proven Performance Chemicals
14.3.7 Tech-Dry
14.3.8 RJSC Corp
14.3.9 Proven Performance Chemicals
14.3.10 H&C Decorative Concrete
14.3.11 Mapei
14.3.12 KGS Diamond Australasia
14.3.13 RachTR