Ethyl Polysilicate Market Size

Ethyl Polysilicate Market Size

Ethyl Polysilicate Market size was over USD 485 million in 2018 and industry expects consumption of above 305 kilo tons by 2025. Significant rise in infrastructural development due to government initiatives towards expansion of civil infrastructure has led to construction of new schools, hospitals, airports and government offices. Ethyl polysilicate has its utilization as a binder in paint and emulsions manufacturing owing to its fast curing, high adhesion, and resistance towards UV radiations and biological attack which may drive market size by 2025.

Global ceramics sector is projected to surpass $280 billion by 2022. Ceramic molding processing is done using this chemical product along with liquid catalyst to maintain slurry composition. The product binds ceramic particles by removing voids and air pores which can damage ceramic material and provides extra mechanical stability with high durability which may fuel ethyl polysilicate market in the foreseeable timeframe.

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Global concrete and cement business is anticipated to surpass $330 billion by 2022. The product has its usage in surface treatment of concrete manufacturing owing to its chlorine and moisture resistant property. These properties shield concrete from degradation and provide extra rigidity, strength to weight ratio and robustness stimulating the ethyl polysilicate market share in foreseeable timeframe.

Global insulation industry is forecasted to reach $80 billion by 2026. Ethyl polysilicate is utilized in manufacturing of dielectric insulation layer owing to its good conformality, low current leakage and high voltage breakdown. These properties shield electronic components from shock circuits and fluctuating voltage supply thereby increasing durability of electrical appliance.

Direct contact and exposure for shorter time span to this product can cause severe medical ailments including respiratory infection, tremor, narcosis, fatigue, vomiting and nausea. However, exposure for longer period can cause chronic medical disorders related to depression, anaemia and kidney & liver damage. These factors can hamper the ethyl polysilicate market growth in foreseeable timeframe.