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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Silica Gel Market Share
Non-indicating silica gel are increasingly being used due to its widespread usage in sectors such as pharmaceuticals and electronics
Non-indicating silica gel occupies a substantial share of the market. It is a transparent or white form of silica gel that does not change colour when it adsorbs moisture. Non-indicating silica gel is widely used in a variety of applications, including in pharmaceuticals, food packaging, electronics, and industrial processes, due to its high adsorption capacity and cost-effectiveness.
Indicating silica gel is anticipated to gain a sizeable share in the coming years. It contains a colour-changing indicator that allows users to visually monitor the level of moisture adsorption. When the silica gel absorbs moisture, it changes colour, signalling that it needs to be replaced or regenerated. This feature is useful in applications where visual monitoring of moisture is important, such as in air drying systems, museum display cases, or small-scale packaging.
The food and beverage sector maintains its dominance in the market as silica gel is widely used to prevent spoilage of foods
The food and beverage sector is expected to account for a significant share of the silica gel market owing to the ability of silica gel to enhance the quality and flavour of non-alcoholic beverages, snacks, and oils, among others. The expansion of the food and beverage sector is propelling the demand for silica gel by the food and beverage sector as silica beads have millions of microscopic pores that lower vapour pressure and increase surface area. This allows silica gel to absorb moisture from its surroundings. Due to the non-toxic, chemically unreactive, and non-corrosive nature of silica gel, it is widely used in the food and beverage sector.
The pharmaceutical sector is expected to gain robust growth in the silica gel market in the forecast period, primarily due to its widespread use as a desiccant in drug packaging to protect products from moisture, which can lead to degradation or reduced shelf life.
Silica Gel Market Report Snapshots
Silica Gel Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market reached a value of approximately USD 647.65 million in 2023.
The market is projected to grow at a CAGR of 3.3% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 839.73 million by 2032.
The major market drivers include presence of stringent healthcare regulatory standards and growing demand from the food and beverage sector.
The key trends fuelling the growth of the market include expansion of the footwear sector and rising requirement of silica gel to provide protection to electronics.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Silica gel is used in liquid phase drying, catalyst production, and in perfume dispersant in wardrobes and cars, among others.
The major players in the market are BASF SE, Thermo Fisher Scientific Inc., AGC Inc., Fuji Silysia Chemical, Ltd., International Silica Gel Co., Ltd., Merck KGaA, SiliCycle Inc., W. R. Grace & Co., Ashirwad Chemicals, and Osaka Soda Co., Ltd., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124