Silica Gel Market 2022 Industry Trends, Sales, Supply, Demand,


Silica Gel Market 2022

Silica Gel Market 2022

A recent report by Persistence Market Research (PMR) estimates that the global silica gel market will reach a revenue of approximately US$750 million by the end of 2030. The thriving packaging industry during COVID-19 crisis catalyzes demand growth

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The demand for silica gel is surging in the agriculture, food and beverage, biotechnology and electronics industries, as well as in R&D laboratories and academic institutes. Silica gel is increasingly being used in personal care products, pharmaceuticals and packaging, which are industries that have not been impacted like most others due to the COVID-19 outbreak. . Rising popularity of silica-based coolers and increasing application of fragrant silica gel are also contributing to the growth of the market.

Silica Gel Market: Key Players

Key market players identified in PMR’s report on the Global Silica Gel Market include

• WR Grace & Co.
• Scientific Thermo Fischer
• Merck KGaA
• Clarifying
• AGC Chemicals Americas
• Osaka Soda Co., Ltd.
• Silica
• Multisorb Technologies
• Hengye, Inc.
• Dry, Inc.
• PQ Corporation
• Fuji Silysia Chemical Ltd.
• Qingdao Makall Group Inc.

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Main takeaways – Lime market in Australia

• By product type, non-indicating silica gel will continue to be sought after in the market, with sales increasing at a comparatively higher CAGR than indicating silica gel. The growing demand for non-indicating silica gel is primarily attributed to its varied reach in applications such as desiccants, plastics, personal care products, and paints and coatings.

• In terms of volume, fine pore silica gel is estimated to exhibit a high CAGR till 2030 and will remain dominant in the global silica gel market.

• In terms of volume, desiccants will continue to be the largest application of silica gel, followed by pharmaceuticals and paints and coatings. The pharmaceutical application of silica gel is expected to register the highest CAGR till 2030. On the other hand, the application of silica gel in catalyst support will register the lowest CAGR in the next few years.

• Asia-Pacific is expected to be the most lucrative region for players in the global silica gel market.

Rosin Resin market is segmented by source type Gum Resin, Wood Resin, Tall Oil Resin, also by product type which is Rosin Esters, Hydrogenated Silica Gel, Dimerized Silica Gel used in Marking road, rubbers, coatings and inks, adhesives, paper sizing.

Want to know more?

Persistence Market Research has published a Silica Gel Market research report that contains 2015-2019 global industry analysis and 2020-2030 forecast. The report provides an in-depth analysis of silica gel market across different segments i.e. product (indicating silica gel and non-indicating silica gel), pore size (fine pore [type A]medium pores [type B]and large pores [type C]), and application (chromatography, catalyst support, paints and coatings, plastic, desiccants [food, pharma, and others], and personal care products), in five major regions of the world. The Silica Gel market report also provides supply and demand trends, import-export scenario and comprehensive list of vendors and distributors in the market along with detailed chain overview valuable.

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Answers to key questions in this report.

• What will be the growth rate of the market in the future?
• What are the key factors driving the global market?
• Who are the main manufacturers in the market space?
• What are the opportunities and threats faced by vendors in the global industry?
• What are the sales, revenue, and price analysis by industry regions?

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About Us

Persistence Market Research is an American full-service market information firm specializing in syndicated research, custom research and consulting services. Persistence Market Research has market research expertise in Healthcare, Chemicals & Materials, Technology & Media, Energy & Mining, Food & Beverage, Semi- drivers and electronics, consumer goods and shipping and transportation. The company relies on its multidisciplinary capabilities and team of top-tier analysts to share data that precisely matches clients’ business needs.

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This press release was published on openPR.

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