Silica gel (SiO2) is an amorphous and porous form of silicon dioxide (silica). It consists of an irregular three-dimensional framework of silicon and oxygen atoms with nanometer scale voids and pores. Increasing adoption of silica gel for various applications in end-use industries such as oil and gas, pharmaceutical, and petrochemical industries is a major factor driving growth of the global silica gel market. In addition, increasing adoption from packaging industry is another factor fueling growth of the target market.
The global market is segmented on the basis of product type, pore size, application, and region. On the basis of product type, the global market is segmented into indicating silica gel and non-indicating silica gel. The indicating silica gel segment is expected to witness highest growth over the forecast period.
On the basis of pore size, the global market is segmented into fine pore (type a), medium pore (type b), and wide pore (type C). The medium pore segment is expected to witness highest growth over the forecast period.
On the basis of application, the global market is segmented into chromatography, catalyst support, paints and coating, plastic, desiccant, and personal care products. The desiccant segment is expected to witness significant growth in terms of revenue in the global market over the forecast period.
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On the basis of region, the global silica gel market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America accounts for highest share in terms of revenue in the global market. The Asia Pacific market is expected to witness highest growth in the global market over the forecast period.
Key players in the global market are FUJI SILYSIA CHEMICAL LTD., BASF SE, GeeJay Chemicals Ltd., Merck KGaA, Thermo Fischer Scientific Inc., Qingdao Makall Group Co., Ltd., Natland International Corporation, OSAKA SODA CO., LTD., W.R. Grace & Co.-Conn., and INTERNATIONAL SILICA GEL CO., LTD.