Global Silica Gel Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
Global Silica Gel Market Overview
The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global silica gel market report has been segmented on the basis of product type, size, application, and region.
This report is based on the synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market.
In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in the future.
Silica gel (SiO2) is an amorphous and porous form of silicon dioxide (silica) with a high specific surface area of around 800 m2/g, which allows it to adsorb water, making it a perfect drying agent. It consists of an irregular three-dimensional framework of silicon and oxygen atoms with nanometer-scale voids and pores. It is produced by acidifying an aqueous solution off sodium silicate to form a gelatinous precipitate which is further washed and dehydrated to get colorless silica gel. For visible indication, ammonium tetrachlorocobaltate or cobalt chloride is added to silica gel.
Rising demand for silica gel from various end-use industries such as pharmaceutical, oil and gas, and petrochemical is a key factor driving the growth of the global silica gel market. In addition, increasing demand for silica gel from the packaging industry, owing to its chemical stability and non-toxic nature is another factor expected to fuel the growth of the global market to a significant extent over the forecast period. However, the availability of substitutes such as activated charcoal, activated clay, etc. is a factor expected to hamper the growth of the target market to a certain extent.
The North America silica gel market accounts for the highest share in terms of revenue in the global market and is expected to maintain its dominance over the forecast period. This dominance can be attributed to the increasing adoption of silica gel for various applications in industries such as petrochemical, pharmaceutical, and packaging.
The Europe market accounts for a significant share of the global silica gel market in terms of revenue and is expected to witness significant growth in the next 10 years. The Asia Pacific silica gel market is expected to witness the highest growth and is expected to register a CAGR of X.X% during the forecast period.
Global silica gel market segmentation:
Segmentation on the basis of product type:
- Indicating silica gel
- Non-indicating silica gel
Segmentation based on pore size:
- Fine Pore (type A)
- Medium Pore (type B)
- Wide Pore (type C)
Segmentation based on application:
- Catalyst support
- Paints and coating
- Personal care products
Segmentation based on region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- FUJI SILYSIA CHEMICAL LTD.
- BASF SE
- GeeJay Chemicals Ltd.
- Merck KGaA
- Thermo Fischer Scientific Inc.
- Qingdao Makall Group Co., Ltd.
- Natland International Corporation
- OSAKA SODA CO., LTD.
- R. Grace & Co.-Conn.
- INTERNATIONAL SILICA GEL CO., LTD.
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