Brazil Desiccants Market Report and Forecast 2024-2032

Brazil Desiccants Market Size

The Brazil desiccants market is projected to grow at a CAGR of 8.6% between 2024 and 2032, aided by the increasing applications of desiccants across a wide range of industries.

Brazil Desiccants Market Outlook

• In 2023, Brazil imported USD 11 billion of pharmaceuticals, which led to an increased demand for desiccants.

• As per the IBGE, retail sales of food products surged by 1% y-o-y in 2022.

• In 2021, the Brazilian population recorded a y-o-y growth of 1.2%, which raised the demand for desiccants for various applications.

Brazil Desiccants Market Growth

In 2023, Brazil imported nearly USD 240.8 billion worth of products, which was a 35.8% increase from 2019 (USD 177.3 billion). China (22.1%), the United States (15.9%), and Germany (5.5%) are the leading exporters of crude oil, automotive parts, and processed petroleum oil products to Brazil. Hence, to mitigate the risk of product damage, corrosion, and spoilage, importers are bolstering the usage of desiccants like silica gel, that facilitate the long-term storage of shipping products and protect them from water damage. It also creates a safe environment for storing automotive accessories and minimises the occurrence of rust on metal parts, thereby driving the market growth.

As per the Brazilian Association of Supermarkets, the food retail industry accounted for approximately 7.03% of overall value addition to Brazil’s economic growth in 2022. In 2021, the gross revenue earnings of the food retail industry surged to R$ 611 billion, recording a year-on-year growth of 10.3%. This is expected to accelerate the demand for desiccants like calcium chloride, which prevents the clumping of food items like sugar and tea leaves while enhancing the shelf life of food products.

Desiccant bags are used to preserve the internal components of electronic devices from malfunctioning. Expensive silver jewellery sets can also use small desiccant bags to prevent the tarnishing of the precious metal.

Brazil Desiccants Industry Segmentation

Brazil Desiccants Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

• Silica Gel

• Activated Alumina

• Activated Charcoal

• Zeolite

• Calcium Chloride

• Clay

• Others

Market Breakup by End Uses

• Packaging

• Food

• Pharmaceutical

• Electronics

• Others

Market Breakup by Region

• São Paulo

• Minas Gerais

• Rio de Janeiro

• Bahia

• Rio Grande do Sul 

Brazil Desiccants Market Share

Based on region, the market is segmented into São Paulo, Minas Gerais, Rio de Janeiro, Bahia, and Rio Grande do Sul. Over the forecast period, Minas Gerais is expected to grow at a CAGR of 9.8% due to rapid urbanisation and industrialisation in the region.

Leading Companies in the Brazil Desiccants Market

Desiccants are expected to enjoy sustained demand in Brazil, due to their widespread use in preserving collectibles, storing holiday decorations, and preserving the quality of various herbs and spices.

• Evonik Industries AG

• Clariant AG

• KB Silica Gel

• Splack

• Fuji Silysia Chemical Ltd.

• W. R. Grace & Co.-Conn.

• Others

Key Highlights of the Report