Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Silica Gel Market Size

The global silica gel market reached approximately USD 647.65 million in 2023. The market is projected to grow at a CAGR of 3.3% between 2024 and 2032, reaching a value of around USD 839.73 million by 2032.

 

Silica Gel Market Outlook

  • Silica gel is widely used to extend the shelf life of packaged foods in the food and beverage sector.
  • Silica gel is finding applications in energy storage systems and batteries, particularly in lithium-ion batteries.
  • Emerging markets, particularly in Asia-Pacific and Latin America, are experiencing significant growth in the silica gel market.

 

Silica Gel Market Report Snapshots

Silica Gel Market Size

Silica Gel Market Growth

Silica Gel Market Trends

Silica Gel Market Share

Silica Gel Companies

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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30 North Gould Street, Sheridan, WY 82801

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63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124

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