Silica Gel Market Forecast Report till 2023 | Key Vendors Analysis, and Industry Growth Insight

By | June 15, 2018

Market Synopsis:

Silica gel is a synthetic, granular, vitreous, gel made from sodium silicate suspended inside a liquid and generally having an average pore size of 2.4 nanometers with a strong affinity for water. Silica gel is non-toxic, non-corrosive, chemically inert, and has excellent absorbing qualities which renders it useful in numerous applications such as desiccant, adsorbent, perfume carrier, and other. The global silica gel market is expected to deliver a CAGR of 4.6 % during the forecast period of 2016 to 2023.

 

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Segmental Analysis:

To generate an accurate assessment of the market the global silica gel market is segmented by regions, type, application, and end-user.

Regions – North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Type – Type A, Type B, Type C, silica-alumina gel

Application – Desiccant, chromatography, food additives, water filtration

End-User – Oil and gas, pharmaceutical, petrochemical, cosmetic and healthcare

 

Regional Analysis:

Silica Gel Market is spanned across the world in Five Key Region: North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

North America holds the major portion of the global market and is anticipated to continue its dominance due to rising demand for silica gel from various developed end-user industries such as pharmaceuticals and healthcare. Moreover, the encouraging government regulations and investments in the healthcare and food and beverage are expected to contribute to the growth of the market.

 

Top Global Vendors:

Some of the top global vendors operating in the Global Silica Gel Market are, Merck Group (Germany), Solvay (Belgium), Fuji Silysia Chemical (China), China National Bluestar Company Limited (China), Evonik Industries (Germany), Clariant (Switzerland), Nissan Chemical Industries (Japan), DowDuPont (U.S.), Qingdao Haiyang Chemical (China), and Millennium Chemicals (U.S.).

 

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