Business
Silica Gel Market Worldwide Industry Share, Size, Gross Margin, Trend, Future Demand and Forecast till 2030
According to a recent report by Emergen Research, the size of the silica gel market reached USD 560.2 Million in 2021 and is projected to grow at a revenue CAGR of 3.4% during the forecast period. One of the main factors fueling the market’s expansion is the chromatography industry’s expanding use of the technology. Market revenue growth is anticipated to be further fueled by silica gel’s expanding use in the food and beverage sector. The usage of silica gel can enhance non-alcoholic, alcoholic, alcoholic, liquors, essential oils, and snacks. Additionally, it improves the fluidity of substances like food and drink products, which regularly include additives like precipitated silica gel.
Given its expanding use in the food and beverage, pharmaceutical, paints and coatings, plastics, inks and printing industries, the silica gel market is anticipated to increase. It can be used in the aforementioned applications since it can adsorb water vapour and is chemically inert and non-toxic. Market growth is anticipated to be hampered by consumers’ increased preference for bio-based products due to rising environmental concerns.
A porous and granular type of silicon dioxide known as silica gel is created by processing sodium silicate. Commercially speaking, the product comes in three different types: type A, type B, and type C. The silica gel market is anticipated to be driven by an increase in the usage of type A and type B forms as catalyst carriers, adsorbents, cat litter, separators, and perfume carriers due to their moisture-proof and dry qualities.
The presence of alternatives including activated clay, activated alumina, molecular sieves, and activated charcoal is predicted to hinder the growth of the silica gel industry. Due to their inexpensive costs, these alternatives are used in a number of applications. Due to their many uses and low prices, customers typically choose these alternatives to silica gel. For instance, activated alumina is adaptable, easy to use, affordable, and has a good pH stability. It is suitable for reverse-phase chromatography and stable enough for high-temperature High-Performance Liquid Chromatography (HPLC). Additionally, unlike silica, it does not deteriorate, which has led to an increase in the demand for activated alumina across a range of end-use applications.
Some Key Highlights From the Report
It is anticipated that the suggesting segment will have significant market revenue increase. The two common markers used with silica gels are methyl violet and cobalt chloride. Cobalt chloride, which when moist transforms from a deep blue to a pink tinge, is the most characteristic of them. Despite being relatively new and transitioning from orange to green or orange to colourless, methyl violet is thought to be safer. This illustrates how silica gel experiences chemical alteration to change hues as it takes in moisture and eventually saturates. This characteristic makes bulk silica gel perfect for drying gases and air.
The fine sector is anticipated to increase steadily. Due to its high moisture absorption capacity at low humidity, fine pore silica gel is employed as a desiccant for the storage of food and metallic components. A-type can only absorb ambient water vapour that falls within the usual humidity range. It can be used as a variable-pressure adsorbent, a catalyst carrier, a separator, and other things.
Over the projection period, the desiccant segment is anticipated to experience significant expansion. It can protect priceless objects kept in storage as well as antiques, big and little decorations, coin collections, and other useful items, among other things. They can be added to filing cabinets to safeguard documents and put in computer cases near windows to prevent dampness. Additionally, it can be used to prevent warping in boxes and wooden frames that have color-preservation chemicals.
Fuji Silysia Chemical Ltd., Solvay S.A., China National Bluestar Co. Ltd., Clariant, Merck KGaA, BASF SE, Hengye, Inc., SiliCycle Inc., PQ Corporation, and Multisorb are a few of the well-known businesses mentioned in the market report.
Emergen Research has segmented the Silica Gel market on the basis of type, pore, application, and region:
- Type (Revenue, USD Billion; 2019–2030)
- Indicating
- Non-Indicating
- Pore Outlook (Revenue, USD Billion; 2019–2030)
- Fine
- Medium
- Wide
- Application Outlook (Revenue, USD Billion; 2019–2030)
- Food Additives
- Desiccant
- Chromatography
- Others
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