The silica gel market size reached USD 560.2 Million in 2021 and is expected to register a revenue CAGR of 3.4% during the forecast period to a latest analysis by Emergen Research. The increasing usage in the chromatography sector is a key factor driving the growth of the market. The rising adoption of silica gel in the food beverage industry is expected to fuel revenue growth of the market even more. Non-alcoholic beverages, alcoholic beverages, liquors, essential oils, and snacks can all benefit from the use of silica gel. Additionally, it enhances the smoothness of liquids, for which food and beverage goods frequently use additives like precipitated silica gel. The drink becomes finer and more visible as a result of the silica gel's removal of the turbid polymers that cause haziness or cloudiness in liquids. Silica gel is a common ingredient in food items and supplements since it prevents clumping, making it simpler to package, transport, consume, and flow. All these benefits should boost demand for silica gel and support the market's revenue growth.
The Silica Gel Market report assesses the profound changes in this business setting caused by the outbreak and considers the prominent market aspects that have been severely disrupted by the pandemic. The report thus expounds on the rapidly changing market scenario in this COVID-19 era, which aims to help businesses involved in this sector overcome the pandemic’s gripping effects and formulate new growth strategies to boost the COVID-19 preparedness.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Silica Gel market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Fuji Silysia Chemical Ltd., Solvay S.A., China National Bluestar Co. Ltd., Clariant AG, Merck KGaA, BASF SE, Hengye, Inc., SiliCycle Inc., PQ Corporation, and Multisorb
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Emergen Research has segmented the global Silica Gel market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
Pore Outlook (Revenue, USD Billion; 2019–2030)
- Fine
- Medium
- Wide
Application Outlook (Revenue, USD Billion; 2019–2030)
- Food Additives
- Desiccant
- Chromatography
- Others
Regional Outlook (Revenue, USD Billion; 2019–2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Turkey
- Rest of MEA
- North America
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the Silica Gel Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Silica Gel Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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