The industrial grade potassium silicate market is growing due to the expansion of the agricultural and chemical manufacturing industries. Potassium silicate is widely used to process welding rods, cosmetics, and pure silicone dioxide fabrication. Several metal cleaning formulations use potassium silicate to present corrosion. A growing population and technological advancements are driving the use of fertilizers such as potassium silicate in the agriculture market, while the growing global industrial sector is creating demand in that sector.
While potassium silicate has several uses, its production is an energy-intensive process requiring temperatures over 537.7°C, which generates a high amount of carbon dioxide. Disposal also requires neutralization, leading to environmental sustainability concerns around the compound. The chemical is also hazardous to humans, leading to lung and skin conditions. These factors restrict growth in the industrial grade potassium silicate market. Despite this, the expansion of the chemical industry and farming due to technological innovations is set to provide opportunities for growth in the space.
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