The production of aluminum silicate results from displacement reactions between sodium silicate and aluminum sulfate. Its price trends closely follow those of the raw materials. The market showed mixed behavior in the first half of 2023. While the Chinese economic recovery and reduced supply chain disruptions initially led to upward fluctuations, poor consumer sentiment and economic situations led to price reductions as suppliers sought to maintain product flow. Overall, market conditions were subdued.
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Definition
Aluminum silicate is a group of minerals composed of aluminum, silicon, and oxygen, and it exists in various forms. These minerals are characterized by their high melting points and thermal stability. Aluminum silicates find applications in ceramics, refractories, paint, pharmaceuticals, cosmetics, and more, due to their diverse properties and versatility in industrial processes.
Key Details About the Aluminium Silicate Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Aluminium Silicate in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Aluminium Silicate Price chart, including India Aluminium Silicate price, USA Aluminium Silicate price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Aluminium Silicate Price Trend:
Aluminum silicate minerals have diverse industrial applications. They are used in ceramics and refractories for their high melting points and thermal stability. In the paint and cosmetics industries, they act as fillers and extenders. Pharmaceutical and personal care products use them as excipients, while plastics incorporate them as fillers and reinforcing agents. Their properties make them valuable in various industrial processes and applications.
Key Players:
- Albemarle Corporation
- Lanxess
- DuPont
- BASF SE
- Bayer AG
- Dow
- Mitsui & Co. Ltd.
- Evonik Industries AG
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