Global Silica Gel Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global silica gel market in its upcoming report titled, “Global Silica Gel Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global silica gel market is estimated to register a CAGR of XX.X% in terms of value during forecast period 2017–2027. 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, pore size, application, and region.
This report is based on 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 future.
Silica gel (SiO2) is an amorphous and porous form of silicon dioxide (silica) with high specific surface area 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 aqueous solution off sodium silicate to form 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 growth of the global silica gel market. In addition, increasing demand for silica gel from packaging industry, owing to its chemical stability and non- toxic nature is another factor expected to fuel growth of the global market to a significant extent over the forecast period. However, availability of substitutes such as activated charcoal, activated clay, etc. is a factor expected to hamper growth of the target market to a certain extent.
The North America silica gel market accounts for 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 increasing adoption of silica gel for various applications in industries such as petrochemical, pharmaceutical, and packaging. The Europe market accounts for significant share in the global silica gel market in terms of revenue and is expected to witness significant growth in next 10 years. The Asia Pacific silica gel market is expected to witness 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 on the basis of pore size:
- Fine Pore (type A)
- Medium Pore (type B)
- Wide Pore (type C)
Segmentation on the basis of application:
- Catalyst support
- Paints and coating
- Personal care products
Segmentation on the basis of region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2017 Estimated Year 2018 Forecast Period 2018–2028 Revenue in US$
- 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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