The global lithium silicate market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of the market is attributed to the increasing demand for lithium silicate in various applications such as inorganic binder, coating, cement and concrete. Lithium silicate has been used as an additive in cement and concrete for its ability to reduce shrinkage and improve strength properties of these materials. It also helps in reducing water demand by up to 30%. In addition, it can be used as a filler material for paints and coatings due to its high refractive index which improves glossiness of the paint or coating layer.
The global lithium silicate market is segmented on the basis of type (molar ratio below 4.5, molar ratio 4.5, molar ratio above 5), application (inorganic binder, coating, cement and concrete) and region (North America, Latin America, Europe Asia Pacific Middle East & Africa). North America accounted for over 40% share of the global lithium silicate market in 2017 owing to increased use of this product in construction industry owing to its low cost compared with other binders such as Portland cement or fly ash-based binders which are more expensive than lithium-silicates based binders due their higher production costs associated with raw materials like fly ash or limestone that are required for their production process respectively.
Some Of The Growth Factors Of This Market:
- The global Lithium Silicate market is driven by the increasing demand for lithium ion batteries in electric vehicles and smartphones, which are expected to drive the demand for lithium silicates in the coming years.
- The increasing use of lithium ion batteries in electric vehicles and smartphones is driving the growth of this market.
- Increasing investments by key players such as Tesla Motors Inc, LG Chem Ltd, Samsung SDI Co., Ltd, Panasonic Corporation, BYD Company Limited, and Tianjin Lishen Battery Joint-Stock Co., Ltd are also driving this market.
- Increasing research activities on new applications of lithium silicates such as glass production and solar cells are also driving this market.
Industry Growth Insights published a new data on “Lithium Silicate Market”. The research report is titled “Lithium Silicate Market research by Types (Molar Ratio Below 4.5, Molar Ratio 4.5-5, Molar Ratio Above 5), By Applications (Inorganic Binder, Coating, Cement and Concrete, Other), By Players/Companies PQ Corporation, Silmaco, Sterling Chemicals, NYACOL Nano Technologies, Nippon Chemical, RongXiang, Tongxin, Ganfeng Lithium, Shandong Bangde Chemical, Jiangyin GUOLIAN Chemical, Beijing Red Star”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lithium Silicate Market Research Report
By Type
Molar Ratio Below 4.5, Molar Ratio 4.5-5, Molar Ratio Above 5
By Application
Inorganic Binder, Coating, Cement and Concrete, Other
By Companies
PQ Corporation, Silmaco, Sterling Chemicals, NYACOL Nano Technologies, Nippon Chemical, RongXiang, Tongxin, Ganfeng Lithium, Shandong Bangde Chemical, Jiangyin GUOLIAN Chemical, Beijing Red Star
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Lithium Silicate Market Report Segments:
The global Lithium Silicate market is segmented on the basis of:
Types
Molar Ratio Below 4.5, Molar Ratio 4.5-5, Molar Ratio Above 5
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
Inorganic Binder, Coating, Cement and Concrete, Other
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:
- PQ Corporation
- Silmaco
- Sterling Chemicals
- NYACOL Nano Technologies
- Nippon Chemical
- RongXiang
- Tongxin
- Ganfeng Lithium
- Shandong Bangde Chemical
- Jiangyin GUOLIAN Chemical
- Beijing Red Star
Highlights of The Lithium Silicate 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:
- Molar Ratio Below 4.5
- Molar Ratio 4.5-5
- Molar Ratio Above 5
- By Application:
- Inorganic Binder
- Coating
- Cement and Concrete
- Other
- 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 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 is a type of mineral that is composed of silicon and oxygen atoms in an ordered crystal structure. It is soft, white, and has a Mohs hardness of 7.
Some of the key players operating in the lithium silicate market are PQ Corporation, Silmaco, Sterling Chemicals, NYACOL Nano Technologies, Nippon Chemical, RongXiang, Tongxin, Ganfeng Lithium, Shandong Bangde Chemical, Jiangyin GUOLIAN Chemical, Beijing Red Star.
The lithium silicate market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Lithium Silicate Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Lithium Silicate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Lithium Silicate Market - Supply Chain
4.5. Global Lithium Silicate Market Forecast
4.5.1. Lithium Silicate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Lithium Silicate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Lithium Silicate Market Absolute $ Opportunity
5. Global Lithium Silicate Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Lithium Silicate Market Size and Volume Forecast by Type
5.3.1. Molar Ratio Below 4.5
5.3.2. Molar Ratio 4.5-5
5.3.3. Molar Ratio Above 5
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Lithium Silicate Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Lithium Silicate Market Size and Volume Forecast by Application
6.3.1. Inorganic Binder
6.3.2. Coating
6.3.3. Cement and Concrete
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Lithium Silicate Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Lithium Silicate Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Lithium Silicate Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Lithium Silicate Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Lithium Silicate Demand Share Forecast, 2019-2026
9. North America Lithium Silicate Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Lithium Silicate Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Lithium Silicate Market Size and Volume Forecast by Application
9.4.1. Inorganic Binder
9.4.2. Coating
9.4.3. Cement and Concrete
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Lithium Silicate Market Size and Volume Forecast by Type
9.7.1. Molar Ratio Below 4.5
9.7.2. Molar Ratio 4.5-5
9.7.3. Molar Ratio Above 5
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Lithium Silicate Demand Share Forecast, 2019-2026
10. Latin America Lithium Silicate Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Lithium Silicate Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Lithium Silicate Market Size and Volume Forecast by Application
10.4.1. Inorganic Binder
10.4.2. Coating
10.4.3. Cement and Concrete
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Lithium Silicate Market Size and Volume Forecast by Type
10.7.1. Molar Ratio Below 4.5
10.7.2. Molar Ratio 4.5-5
10.7.3. Molar Ratio Above 5
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Lithium Silicate Demand Share Forecast, 2019-2026
11. Europe Lithium Silicate Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Lithium Silicate Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Lithium Silicate Market Size and Volume Forecast by Application
11.4.1. Inorganic Binder
11.4.2. Coating
11.4.3. Cement and Concrete
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Lithium Silicate Market Size and Volume Forecast by Type
11.7.1. Molar Ratio Below 4.5
11.7.2. Molar Ratio 4.5-5
11.7.3. Molar Ratio Above 5
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Lithium Silicate Demand Share, 2019-2026
12. Asia Pacific Lithium Silicate Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Lithium Silicate Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Lithium Silicate Market Size and Volume Forecast by Application
12.4.1. Inorganic Binder
12.4.2. Coating
12.4.3. Cement and Concrete
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Lithium Silicate Market Size and Volume Forecast by Type
12.7.1. Molar Ratio Below 4.5
12.7.2. Molar Ratio 4.5-5
12.7.3. Molar Ratio Above 5
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Lithium Silicate Demand Share, 2019-2026
13. Middle East & Africa Lithium Silicate Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Lithium Silicate Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Lithium Silicate Market Size and Volume Forecast by Application
13.4.1. Inorganic Binder
13.4.2. Coating
13.4.3. Cement and Concrete
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Lithium Silicate Market Size and Volume Forecast by Type
13.7.1. Molar Ratio Below 4.5
13.7.2. Molar Ratio 4.5-5
13.7.3. Molar Ratio Above 5
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Lithium Silicate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Lithium Silicate Market: Market Share Analysis
14.2. Lithium Silicate Distributors and Customers
14.3. Lithium Silicate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. PQ Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Silmaco
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sterling Chemicals
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. NYACOL Nano Technologies
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nippon Chemical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. RongXiang
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tongxin
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Ganfeng Lithium
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Shandong Bangde Chemical
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Jiangyin GUOLIAN Chemical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Beijing Red Star
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
