Global Silica Gel Market 2024-2028
The silica gel market is forecasted to grow by USD 497.2 mn during 2023-2028, accelerating at a CAGR of 9.11% during the forecast period. The report on the silica gel market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing use in food and beverages industry as food additives, growing use of silica aerogel in construction industry, and growing demand from personal care industry.
Technavio's silica gel market is segmented as below:
By Application
- Oil and gas industry
- Petrochemical
- Pharmaceutical
- Consumer goods
- Others
By Product Type
- Indicative silica gel
- Non-indicative silica gel
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the growing use of allochroic silica gel as one of the prime reasons driving the silica gel market growth during the next few years. Also, development of environment-friendly silica gel products and recycling of used desiccants and adsorbents will lead to sizable demand in the market.
The report on the silica gel market covers the following areas:
- Silica gel market sizing
- Silica gel market forecast
- Silica gel market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading silica gel market vendors that include AGC Inc., BASF SE, Capitol Scientific Inc., Cilicant Pvt. Ltd., Clariant International Ltd., Desiccare Inc., DuPont de Nemours Inc., Ecovyst Inc., Fuji Silysia Chemical Ltd., GeeJay Chemicals Ltd., Hengye Inc., International Silica Gel Co. Ltd., Merck KGaA, Natland International Corp., Nouryon, OSAKA SODA CO. Ltd., SiliCycle Inc., Sinchem Silica Gel Co. Ltd., Solvay SA, Standard Industries Inc., and Thermo Fisher Scientific Inc.. Also, the silica gel market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.