GLOBAL PHARMACEUTICAL DESICCANT MARKET FORECAST 2019-2027
Global Pharmaceutical Desiccant Market by Type (Silica Gel, Activated Alumina, Carbonclay Desiccant, Molecular Sieves, Other Type) by End-use (Tablets, Apis, Capsules, Nutraceutical Product Packaging, Diagnostic Kit) by Geography.
The global pharmaceutical desiccant market is anticipated to grow at a CAGR of 4.48% between 2019 and 2027 to generate revenue of $190.6 million by 2027. Desiccants are materials that absorb and retain water vapor. Desiccants are entities that cover a network of interrelated holes that allow water molecules to remain attached to the huge internal surface. In terms of pharmaceutical materials, desiccants are mandatory for meeting performance criteria and strict quality assurance.
The following factors primarily drive the pharmaceutical desiccant market:
- The rapid growth of the pharmaceutical market
- The rise in the aging populace
- Growing usages of activated alumina in pharmaceutical applications
- The government initiative to ensure the quality of drugs
- Demand for active and intelligent packaging
The important drivers increasing growth in the global pharmaceutical desiccant market are a rise in the aging populace and rapid growth of the pharmaceutical market. The increase in the aging population leads to increase ailments and more requirements of medical amenities in the people. This will upsurge the use of healthcare products and medical facilities, eventually upsurging the production of pharmaceutical desiccants. The continuous growth in the pharmaceutical industry is fuelling the overall growth of the pharmaceutical desiccant market. The rapid development of the pharmaceutical market is mostly driven by rising income and economic gains.
The Pharmaceutical desiccant types are used extensively for various purposes. Silica gel is silicon dioxide (SiO2) and is certainly befalling mineral that is cleansed and administered into either beaded form or granular. Activated Alumina is widely used for eliminating purification, moisture, and other treatments. Activated alumina is a highly porous form of aluminum oxide and acts as a desiccant and dehydrating agent for industrial gases and liquids. Each desiccant comprises clay beads, which effort to engross moisture and preserves food fresh. Natural clay lets these desiccants selected to be used again. Molecular sieve is the finest desiccant centered on technical performance features. Its capability to adsorb moistness, in this case, water vapor, is so distinct that it can eliminate trapped H20 molecules from a fully saturated silica gel blob, which in turn modify the silica gel back to its novel cobalt blue color. The other types of pharmaceutical desiccants are Calcium Oxide, which is a calcinated or recalculated lime having a moisture adsorptive capacity of not less than 28.5% by weight.
Implementation of rigorous regulations and varying temperatures are the major factors hindering the pharmaceutical desiccant market. The pharmaceutical products have to meet strict quality control and performance criteria. Desiccant suppliers have to meet the quality management system by pharmaceutical companies regularly. Pharmaceutical desiccants function at varying temperatures based on their types. The temperature of the desiccant should be based on the temperature required by the product.
The Global Pharmaceutical desiccants market segments include types and end use.
Type is segmented into:
- Molecular Sieves
- Silica Gel
- Carbonclay Desiccant
- Activated Alumina
- Other Types
End use is segmented into:
- Tablets
- Capsules
- Nutraceutical Product Packaging
- APIs
- Diagnostic Kit
This report covers the present market conditions and the growth prospects of the global pharmaceutical desiccants market for 2019-2027. It considered the revenue generated through the sales of pharmaceutical desiccants for types as well as end-use to calculate the market size by considering 2018 as the base year.
Geographically, the global Pharmaceutical desiccants market has been segmented into four major regions, which include:
- North America Pharmaceutical Desiccant Market: The United States & Canada
- Asia Pacific Pharmaceutical Desiccant Market: China, India, Japan, Australia, South Korea & Rest of APAC
- Europe Pharmaceutical Desiccant Market: The United Kingdom, France, Germany, Italy, Spain & Rest of Europe
- Rest of World: Latin America & Middle East and Africa
The pharmaceutical desiccants market in North America is expected to hold the largest share by 2027 because of the strong pharmaceutical manufacturing base in the region, due to supportive government regulations and high R&D expenditure. North America constitutes a market share of approx. 38% in 2018. North America is one of the leading markets for pharmaceutical desiccant, which finds extensive use in the region’s oil and gas, petrochemical, and pharmaceutical industries. The pharmaceutical desiccant is required in pharmaceutical packaging to guard medicines against moisture and other impurities.
On the other hand, the Asia Pacific market is anticipated to be the fastest-growing region for the pharmaceutical desiccants. The growth is attributable to the rising production of pharmaceutical desiccant in China and the higher utilization rate of the product in Chinese plants than in plants in developed countries. China’s high value-added pharmaceutical desiccant has a wider application now and is used as matting agents for plastics, paints, catalysts, and other anti-adhesives.
The pharmaceutical desiccants market is segmented on end-use, which is sub-divided into tablets, nutraceutical product packaging, capsules, APIs, and diagnostic kit. Tablets are available in a variety of size and shapes and designed to use in products where moisture protection is necessary. The desiccant tablets are hard and uniform in shape and are ideal for automated insertion. APIs is a chemical which is used for pharmaceutical drugs. Capsules are safe, non-toxic, non-dusting, and moisture sensitive. Desiccant capsules are small, rigid, and filled with a material such as silica gel and molecular sieve. Nutraceutical products include vitamins, dietary or nutritional supplements as well as energy drinks.
The major market players of the global pharmaceutical desiccants market are:
- I. DU PONT DE NEMOURS AND COMPANY
- CSP TECHNOLOGIES, INC.
- MULTISORB TECHNOLOGIES
- MUNTERS
- CLARIANT GLOBAL
Company Profiles covers the analysis of key players.
- I. du Pont de Nemours and Company (DuPont or ‘the company’) is a diversified chemical company offering products and services for various markets, including agriculture, nutrition, electronics and communications, and safety and protection. Clariant’s Catalysis segment develops, manufactures, and sells a range of catalysts for the petrochemicals, plastics, and refining industries. It develops catalysts and technologies for use in industrial and environmental processes, which allow the use of alternative raw materials such as natural gas, coal, and biomass. The product line comprises petrochemical catalysts, oxidation and hydrogenation catalysts, and fuel upgrading and purification catalysts.
Key findings of the global pharmaceutical desiccants market:
- Tablets market to grow at a significant rate during the forecast period in terms of end-use
- Silica Gel type is anticipated to grow at a faster rate during the forecast period
- RESEARCH SCOPE
- STUDY GOALS
- SCOPE OF THE MARKET STUDY
- WHO WILL FIND THIS REPORT USEFUL?
- STUDY AND FORECASTING YEARS
- RESEARCH METHODOLOGY
- SOURCES OF DATA
- SECONDARY DATA
- PRIMARY DATA
- TOP-DOWN APPROACH
- BOTTOM-UP APPROACH
- DATA TRIANGULATION
- SOURCES OF DATA
- EXECUTIVE SUMMARY
- MARKET SUMMARY
- KEY FINDINGS
- TABLETS MARKET TO GROW AT A SIGNIFICANT RATE DURING THE FORECAST PERIOD IN TERMS OF END USE
- SILICA GEL TYPE IS ANTICIPATED TO GROW AT A FASTER RATE DURING THE FORECAST PERIOD
- MARKET DYNAMICS
- MARKET SCOPE & DEFINITION
- MARKET DRIVERS
- RAPID GROWTH OF THE PHARMACEUTICAL MARKET
- RISE IN THE AGING POPULACE
- GROWING USAGES OF ACTIVATED ALUMINA IN PHARMACEUTICAL APPLICATIONS
- INITIATIVE TAKEN BY THE GOVERNMENT TO ENSURE QUALITY OF DRUGS
- DEMAND FOR ACTIVE AND INTELLIGENT PACKAGING
- MARKET RESTRAINTS
- IMPLEMENTATION OF RIGOROUS REGULATIONS
- VARYING TEMPERATURES
- MARKET OPPORTUNITIES
- INCREASE IN DEVELOPMENT OF SMALL AND LARGE PHARMACEUTICAL PACKAGING COMPANIES
- ESTABLISH A STRONGER PRESENCE IN VARYING CONSUMER PREFERENCES
- MARKET CHALLENGES
- MARKET-BASED PRICING RATHER THAN COST-BASED PRICING
- INCREASING CUSTOMER ANTICIPATIONS
- MARKET BY TYPE
- SILICA GEL
- ACTIVATED ALUMINA
- CARBONCLAY DESICCANT
- MOLECULAR SIEVES
- OTHER TYPE
- MARKET BY END-USE
- TABLETS
- APIs
- CAPSULES
- NUTRACEUTICAL PRODUCT PACKAGING
- DIAGNOSTIC KIT
- KEY ANALYTICAL
- PORTER’S FIVE FORCE ANALYSIS
- THREAT OF NEW ENTRANTS
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF BUYERS
- THREAT OF SUBSTITUTES
- COMPETITIVE RIVALRY
- SUPPLY CHAIN ANALYSIS
- REGULATORY FRAMEWORK
- VALUE CHAIN ANALYSIS
- INDUSTRIAL POLICIES INVOLVED IN THE PACKAGING
- OPPORTUNITY MATRIX
- PORTER’S FIVE FORCE ANALYSIS
- GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
- THE UNITED STATES
- CANADA
- EUROPE
- GERMANY
- THE UNITED KINGDOM
- ITALY
- FRANCE
- SPAIN
- REST OF EUROPE
- ASIA PACIFIC
- CHINA
- JAPAN
- INDIA
- AUSTRALIA
- SOUTH KOREA
- REST OF ASIA PACIFIC
- REST OF THE WORLD
- LATIN AMERICA
- MIDDLE EAST AND AFRICA
- NORTH AMERICA
- COMPANY PROFILES
- CAPITOL SCIENTIFIC, INC.
- CLARIANT GLOBAL
- CSP TECHNOLOGIES, INC.
- DESICCARE, INC.
- I. DU PONT DE NEMOURS AND COMPANY
- MULTISORB TECHNOLOGIES
- MUNTERS AB
- OKER-CHEMIE GMBH
- PROFLUTE AB
- ROTOR SOURCE, INC.
- SANNER GMBH
- R. GRACE & CO
- TROPACK GMBH TROCKENMITTEL
- SORBEAD INDIA
LIST OF TABLES
TABLE 1 GLOBAL PHARMACEUTICAL DESICCANT MARKET BY REGION 2019-2027 ($ MILLION)
TABLE 2 GLOBAL PHARMACEUTICAL DESICCANT MARKET, BY TYPE 2019-2027 ($ MILLION)
TABLE 3 GLOBAL SILICA GEL MARKET, BY REGION 2019-2027 ($ MILLION)
TABLE 4 GLOBAL ACTIVATED ALUMINA MARKET, BY REGION 2019-2027 ($ MILLION)
TABLE 5 GLOBAL CARBONCLAY DESICCANT MARKET, BY REGION 2019-2027 ($ MILLION)
TABLE 6 GLOBAL MOLECULAR SIEVE MARKET, BY REGION 2019-2027 ($ MILLION)
TABLE 7 GLOBAL OTHER TYPES MARKET, BY REGION 2019-2027 ($ MILLION)
TABLE 8 GLOBAL PHARMACEUTICAL DESICCANT MARKET, BY END USE 2019-2027 ($ MILLION)
TABLE 9 GLOBAL DESICCANT TABLETS MARKET, BY REGION 2019-2027 ($ MILLION)
TABLE 10 GLOBAL API MARKET, BY REGION 2019-2027 ($ MILLION)
TABLE 11 GLOBAL DESICCANT CAPSULES MARKET, BY REGION 2019-2027 ($ MILLION)
TABLE 12 GLOBAL NUTRACEUTICAL PRODUCTS PACKAGING MARKET, BY REGION 2019-2027 ($ MILLION)
TABLE 13 GLOBAL DIAGNOSTIC KIT MARKET, BY REGION 2019-2027 ($ MILLION)
TABLE 14 GLOBAL PHARMACEUTICAL DESICCANT MARKET, BY REGION 2019-2027 ($ MILLION)
TABLE 15 NORTH AMERICA PHARMACEUTICAL DESICCANT MARKET, BY COUNTRY 2019-2027 ($ MILLION)
TABLE 16 EUROPE PHARMACEUTICAL DESICCANT MARKET, BY COUNTRY 2019-2027 ($ MILLION)
TABLE 17 ASIA PACIFIC PHARMACEUTICAL DESICCANT MARKET, BY COUNTRY 2019-2027 ($ MILLION)
TABLE 18 REST OF WORLD PHARMACEUTICAL DESICCANT MARKET, BY REGION 2019-2027 ($ MILLION)
LIST OF FIGURES
FIGURE 1 GLOBAL PHARMACEUTICAL DESICCANT MARKET 2019-2027 ($ MILLION)
FIGURE 2 GLOBAL PHARMACEUTICAL DESICCANT MARKET SHARE, BY TYPE 2018 & 2027 (%)
FIGURE 3 GLOBAL PHARMACEUTICAL DESICCANT MARKET, BY SILICA GEL 2019-2027 ($ MILLION)
FIGURE 4 GLOBAL PHARMACEUTICAL DESICCANT MARKET, BY ACTIVATED ALUMINA 2019-2027 ($ MILLION)
FIGURE 5 GLOBAL PHARMACEUTICAL DESICCANT MARKET, BY CARBONCLAY DESICCANT 2019-2027 ($ MILLION)
FIGURE 6 GLOBAL PHARMACEUTICAL DESICCANT MARKET, BY MOLECULAR SIEVE 2019-2027 ($ MILLION)
FIGURE 7 GLOBAL PHARMACEUTICAL DESICCANT MARKET, BY OTHER TYPES 2019-2027 ($ MILLION)
FIGURE 8 GLOBAL PHARMACEUTICAL DESICCANT MARKET SHARE, BY END USE 2018 & 2027 (%)
FIGURE 9 GLOBAL PHARMACEUTICAL DESICCANT MARKET BY DESICCANT TABLETS 2019-2027 ($ MILLION)
FIGURE 10 GLOBAL PHARMACEUTICAL DESICCANT MARKET BY API 2019-2027 ($ MILLION)
FIGURE 11 GLOBAL PHARMACEUTICAL DESICCANT MARKET BY DESICCANT CAPSULES 2019-2027 ($ MILLION)
FIGURE 12 GLOBAL PHARMACEUTICAL DESICCANT MARKET BY NUTRACEUTICAL PRODUCTS PACKAGING 2019-2027 ($ MILLION)
FIGURE 13 GLOBAL PHARMACEUTICAL DESICCANT MARKET BY DIAGNOSTIC KIT 2019-2027 ($ MILLION)
FIGURE 14 PORTER’S FIVE FORCE ANALYSIS
FIGURE 15 VALUE CHAIN ANALYSIS OF PHARMACEUTICAL DESICCANT
FIGURE 16 GLOBAL PHARMACEUTICAL DESICCANT MARKET, REGIONAL OUTLOOK 2018 & 2027 (%)
FIGURE 17 NORTH AMERICA PHARMACEUTICAL DESICCANT MARKET 2019-2027 ($ MILLION)
FIGURE 18 THE UNITED STATES PHARMACEUTICAL DESICCANT MARKET 2019-2027 ($ MILLION)
FIGURE 19 CANADA PHARMACEUTICAL DESICCANT MARKET 2019-2027 ($ MILLION)
FIGURE 20 EUROPE PHARMACEUTICAL DESICCANT MARKET 2019-2027 ($ MILLION)
FIGURE 21 GERMANY PHARMACEUTICAL DESICCANT MARKET 2019-2027 ($ MILLION)
FIGURE 22 THE UNITED KINGDOM PHARMACEUTICAL DESICCANT MARKET 2019-2027 ($ MILLION)
FIGURE 23 ITALY PHARMACEUTICAL DESICCANT MARKET 2019-2027 ($ MILLION)
FIGURE 24 FRANCE PHARMACEUTICAL DESICCANT MARKET 2019-2027 ($ MILLION)
FIGURE 25 SPAIN PHARMACEUTICAL DESICCANT MARKET 2019-2027 ($ MILLION)
FIGURE 26 REST OF EUROPE PHARMACEUTICAL DESICCANT MARKET 2019-2027 ($ MILLION)
FIGURE 27 ASIA PACIFIC PHARMACEUTICAL DESICCANT MARKET 2019-2027 ($ MILLION)
FIGURE 28 CHINA PHARMACEUTICAL DESICCANT MARKET 2019-2027 ($ MILLION)
FIGURE 29 JAPAN PHARMACEUTICAL DESICCANT MARKET 2019-2027 ($ MILLION)
FIGURE 30 INDIA PHARMACEUTICAL DESICCANT MARKET 2019-2027 ($ MILLION)
FIGURE 31 AUSTRALIA PHARMACEUTICAL DESICCANT MARKET 2019-2027 ($ MILLION)
FIGURE 32 SOUTH KOREA PHARMACEUTICAL DESICCANT MARKET 2019-2027 ($ MILLION)
FIGURE 33 REST OF ASIA PACIFIC PHARMACEUTICAL DESICCANT MARKET 2019-2027 ($ MILLION)
FIGURE 34 REST OF WORLD PHARMACEUTICAL DESICCANT MARKET 2019-2027 ($ MILLION)
FIGURE 35 LATIN AMERICA PHARMACEUTICAL DESICCANT MARKET 2019-2027 ($ MILLION)
FIGURE 36 MIDDLE EAST AND AFRICA PHARMACEUTICAL DESICCANT MARKET 2019-2027 ($ MILLION)
- MARKET BY TYPE
- SILICA GEL
- ACTIVATED ALUMINA
- CARBONCLAY DESICCANT
- MOLECULAR SIEVES
- OTHER TYPE
- MARKET BY END-USE
- TABLETS
- APIs
- CAPSULES
- NUTRACEUTICAL PRODUCT PACKAGING
- DIAGNOSTIC KIT
- GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
- THE UNITED STATES
- CANADA
- EUROPE
- GERMANY
- THE UNITED KINGDOM
- ITALY
- FRANCE
- SPAIN
- REST OF EUROPE
- ASIA PACIFIC
- CHINA
- JAPAN
- INDIA
- AUSTRALIA
- SOUTH KOREA
- REST OF ASIA PACIFIC
- REST OF THE WORLD
- LATIN AMERICA
- MIDDLE EAST AND AFRICA
- NORTH AMERICA
To request a free sample copy of this report, please complete the form below :
We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.