Dublin, April 11, 2023 (GLOBE NEWSWIRE) -- The "Lithium Silicate Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2023 To 2031" report has been added to ResearchAndMarkets.com's offering.
The global market for lithium silicate market is expected to grow at a CAGR of 3.2% during the forecast period of 2022 to 2031.
During the forecast period, revenue growth in the global lithium silicate market is anticipated to be driven by the construction industry. As an architectural coating, lithium silicate is widely used in the construction industry.
Population growth is anticipated to increase global demand for housing units, thereby bolstering market statistics. Increased discretionary income is likely to increase home improvement and renovation expenditures.
Manufacturers and suppliers of lithium silicate are expanding their production capacities to meet the rising demand for their products. They are also investing heavily in research and development for new products to increase their lithium silicate market share.
Lithium silicate is a lithium oxide (Li2O) and colloidal silica aqueous solution (SiO2). It is typically employed in the production of refractory ceramics & glazes as well as specialty paints & coatings. Additionally, lithium silicate is utilized in concrete surface treatments. In lithium silicate, lithium serves as a silica transport agent. In the marine industry, lithium disilicate is utilized as a corrosion inhibitor. It is also utilized in the manufacturing of dental crowns.
Additionally, lithium disilicate can be used as a bonding agent in fiberglass. Lithium silicates are utilized in the production of cement, concrete, asbestos tiles, ceramics, and coatings of aluminum, iron, wood, and synthetic resin, among other building materials. These silicates are ideal for moist environments and water-resistant decorative coatings.
When sprayed on concrete surfaces, lithium silicates penetrate calcium hydroxide-saturated leak water channels and voids, making them popular as concrete floor hardeners. These silicates combine with free lime (calcium hydroxide) to form calcium silicate hydrate gels that are insoluble. These gels increase the surface density, strength, and durability of concrete that has been treated. This makes the concrete floor more abrasion-resistant. Therefore, the concrete floor is easier to maintain and requires less dusting. Additionally, liquid floor hardeners provide enhanced floor protection and a glossy finish.
Construction Industry Expansion Drives Lithium Silicate Market
Widespread use of lithium silicates in the production of concrete and ceramics. These silicates are used to increase the density and hardness of the surfaces of concrete. Population growth and the resulting increase in construction sector investment are anticipated to increase demand for lithium concrete sealers, lithium hardeners, lithium silicate solutions, lithium silicate sealers, and lithium silicate densifiers. It is anticipated that this will contribute to market growth in the near future.
Lithium Silicates Preferred Over Sodium and Potassium Silicates
Lithium hardeners inhibit or reduce the alkali-silica reaction. The reaction between silica and alkali oxides can produce Alkali-silica Reaction (ASR) gel, which expands when exposed to water. This causes concrete to fracture. When added to concrete, sodium and potassium hardeners directly contribute to the ASR problem. To produce durable concrete, it is necessary to decrease ASR. The addition of lithium salts prevents ASR-induced expansion. Lithium silicate is a cost-effective method for mitigating ASR. This will likely increase the size of the lithium silicate market in the near future.
On metal surfaces, lithium silicate can be used as a surface treatment agent. On steel surfaces, it can also be employed as an anti-rust liquid. In accordions, radios, and other instruments, lithium silicate is utilized as an anti-corrosion agent for metal parts. It is also employed in the decoration of non-ferrous metals and the preservation of light and color in handicrafts. Due to their low water solubility, lithium silicates are utilized to reduce water-soluble byproducts and efflorescence. In the coming years, these advantages are likely to fuel lithium silicate market expansion.
High Demand for Concrete Hardeners
According to the most recent market trends for lithium silicate, the concrete hardeners application segment is anticipated to lead the industry over the forecast period. Lithium hardeners increase the density and durability of concrete surfaces. They are typically inorganic and can be applied in dry or liquid form to either cured or uncured concrete surfaces.
When chemical hardeners are added to a concrete surface, the free lime in the concrete reacts and forms a mixture of dicalcium and tricalcium silicates. Calcium silicate hydrate, also known as tobermorite gel, is produced when these dicalcium and tricalcium silicate complexes react further with the additional water present in concrete.
As chemical hardeners, lithium silicates provide strength, durability, and resistance to moisture, chemicals, and abrasion. Consequently, these silicates provide substantial cost savings during construction and facilitate the efficient application of concrete floors. The adoption of lithium silicates in residential, commercial, and industrial construction is driven by these benefits.Lithium hardeners interact with calcium components in concrete to form extremely stable and robust silicate structures, thereby enhancing and extending the lithium's reactivity. Lithium-based hardeners react more thoroughly and uniformly than their sodium and potassium counterparts.
In addition, they do not cause map cracking or crazing, nor do they produce silica gel to seal the concrete surface. Lithium hardeners are less water-soluble and absorb water less readily than sodium and potassium hardeners. Therefore, the concrete is more resistant to water.
APAC to be the Global Leader
Asia-Pacific is anticipated to hold the largest share of the lithium silicate market during the forecast period 2022 to 2031, based on the most recent market forecasts. Rapid urbanisation and industrialization in developing nations such as China, India, Indonesia, and Malaysia are driving regional market growth. During the forecast period, China is anticipated to be the growth engine of the industry in Asia-Pacific.
Market Segmentation
Application
- Concrete Hardeners
- Inorganic Binders
- Corrosion Inhibitors
- Adhesives
- Welding Rod Additives
- Dental Glass Ceramics
- Others
Key Topics Covered:
1. Preface
2. Executive Summary
3. Lithium Silicate Market: Competitive Analysis
4. Lithium Silicate Market: Macro Analysis & Market Dynamics
5. Lithium Silicate Market: By Application, 2021-2031, USD (Million)
6. North America Lithium Silicate Market, 2021-2031, USD (Million)
7. UK and European Union Lithium Silicate Market, 2021-2031, USD (Million)
8. Asia Pacific Lithium Silicate Market, 2021-2031, USD (Million)
9. Latin America Lithium Silicate Market, 2021-2031, USD (Million)
10. Middle East and Africa Lithium Silicate Market, 2021-2031, USD (Million)
11. Company Profile
Companies Mentioned
- PQ Corporation
- Eastman Chemical Company
- HELM AG
- Ganfeng Lithium Group Co. Ltd.
- Nippon Chemical Industrial Co. Ltd.
- Bisley International
- Jiangyin GUOLIAN Chemical Co. Ltd.
- Silmaco
- Noble Alchem Pvt. Ltd.
- Xetex Industries Private Limited
- Shandong Look Chemical Co. Ltd.
- NYACOL Nano Technologies Inc.
- RongXiang Industrial Co. Ltd
For more information about this report visit https://www.researchandmarkets.com/r/sa3rdj
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