Global Pharmaceutical Desiccant Market Growth 2023-2029

Global Pharmaceutical Desiccant Market Growth 2023-2029

Desiccant tablets are used as another way to control the moisture and humidity inside the packaging of pharmaceutical tablets and capsules. It works effectively in removing the moisture from the top surface of the container or bottle when they are being packaged.

LPI (LP Information)' newest research report, the “Pharmaceutical Desiccant Industry Forecast” looks at past sales and reviews total world Pharmaceutical Desiccant sales in 2022, providing a comprehensive analysis by region and market sector of projected Pharmaceutical Desiccant sales for 2023 through 2029. With Pharmaceutical Desiccant sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pharmaceutical Desiccant industry.

This Insight Report provides a comprehensive analysis of the global Pharmaceutical Desiccant landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Pharmaceutical Desiccant portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Pharmaceutical Desiccant market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pharmaceutical Desiccant and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Pharmaceutical Desiccant.

The global Pharmaceutical Desiccant market size is projected to grow from US$ 33 million in 2022 to US$ 40 million in 2029; it is expected to grow at a CAGR of 40 from 2023 to 2029.

The principal desiccants used in pharmaceutical applications are silica gel and molecular sieve. Silica gel is available in two main types: a white, non-indicating version and one that changes colour when moisture is adsorbed. The latter is obviously useful to indicate when the desiccant is used up. Self-indicating gels also have a number of varieties, the older blueto-pink gels and the more recent yellow-to-green ones. Blue-to-pink gels contain cobalt chloride so are subject to legislation in Europe that requires a toxic hazard label. Yellow-to-green gels do not pose such health and safety issues. White-to-pink gels are also available but these contain phenolphthalein, a known carcinogen. Molecular sieve is a special type of desiccant that can reduce moisture levels to almost zero. Such desiccants are available in different pore sizes with varying capacities for moisture adsorption. Activated carbon, while not a desiccant, is often used to absorb odours.

This report presents a comprehensive overview, market shares, and growth opportunities of Pharmaceutical Desiccant market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Silica Gel
Activated
Carbonclay Desiccant
Molecular Sieves

Segmentation by application
Tablets
API's
Capsules
Nutraceutical Product Packaging

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Multisorb Technologies
Sanner
CSP Technologies
Desiccare
W. R. Grace & Co
Desican
Clariant
Oker-Chemie
Flow Dry Technology
Levosil

Key Questions Addressed in this Report

What is the 10-year outlook for the global Pharmaceutical Desiccant market?

What factors are driving Pharmaceutical Desiccant market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Pharmaceutical Desiccant market opportunities vary by end market size?

How does Pharmaceutical Desiccant break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.