Spherical Silica Gel Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 2.3 Billion by 2030, growing at a CAGR of 8.7% from 2024 to 2030.
The spherical silica gel market has seen substantial growth from 2018 to 2022, driven by increased demand from industries such as pharmaceuticals, food & beverages, and personal care. The market was valued at USD 1.9 billion in 2022, and it is projected to grow at a compound annual growth rate (CAGR) of 7.2% from 2023 to 2033. This growth has been driven by the expanding applications of spherical silica gel in drying agents, desiccants, and as a catalyst support material in chemical reactions. Key advancements in spherical silica gel technology, including better efficiency in moisture absorption and customization for specific industries, have further contributed to its demand.
Between 2018 and 2022, the demand for spherical silica gel was primarily supported by its usage in the packaging industry to preserve the quality and shelf life of food products, medicines, and electronics. The ability to prevent moisture buildup has made spherical silica gel a preferred material in various commercial applications. It has also gained popularity in pharmaceutical packaging, where moisture control is essential for maintaining the stability of active ingredients in drugs. The significant use in air and gas separation, along with water treatment systems, also marked a major trend in the market during this period.
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SiliCycle
Sorbtech
Upagchem
ZEOchem
OSAKA SODA
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Spherical Silica Gel Market
Chemical Lab
Industry
Based on Types the Market is categorized into Below types that held the largest Spherical Silica Gel market share In 2023.
C18
C8
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Spherical Silica Gel Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Spherical Silica Gel Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Spherical Silica Gel Market, By Type
6. Global Spherical Silica Gel Market, By Application
7. Global Spherical Silica Gel Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Spherical Silica Gel Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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