Pharmaceutical Desiccant Global Market Flourishes Relentlessly | E. I. du Pont de Nemours, Multisorb, Sanner, CSP Tech, Capitol Scientific, Desiccare, Desican and W. R. Grace

Global Pharmaceutical Desiccant Market Information Report, By Type (Silica Gel, Activated, Carbonclay Desiccant, Molecular Sieves and Others), By End-Use (Tablets, API’s, Capsules, Diagnostic Kit and Nutraceutical Product Packaging), and By Region - Forecast To 2027

The prominent players in the pharmaceutical desiccant include E. I. du Pont de Nemours and Company (U.S.), Multisorb Technologies (U.S.), Sanner GmbH (Germany), CSP Technologies, Inc (U.S.), Capitol Scientific, Inc (U.S.), Desiccare, Inc (U.S.), W. R. Grace & Co (U.S.), Desican Inc (U.S.), Clariant Global (Switzerland), Oker-Chemie GmbH (Germany) and others.

Global pharmaceutical desiccant market is expected to reach a market size of USD 191.3 million by the end of the forecast period at CAGR of 4.43%.

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Market Scenario

On the basis of region, North America region dominates the pharmaceutical desiccant market. It accounted for the largest market share of 30% in 2015, with a market value of USD 35.4 million and is projected to grow at the CAGR of 4.37% during the forecast period. High adoption of desiccants for pharmaceutical and chemical sectors helped the North America desiccant market stay ahead of other regional markets. Europe was the second-largest market in 2015, valued at USD 31.9 million in 2015. Latest developments in healthcare sector and the strategies behind them to new marketing and commercialization models and the regulations drives the Europe pharmaceutical desiccant market. However, Asia-Pacific is projected to grow at the highest CAGR of 4.67%. Growing manufacturing activities and ageing population driving the growth of the market.

The market has been segmented based on type, and end-user. On the basis of type, the market is segmented into silica gel, activated, carbonclay desiccant, molecular sieves and others. Silica Gel accounted for the largest market share of 40.00% in 2015, with a market value of USD 47.2 million and is projected to grow at the highest CAGR of 4.90% during the forecast period. Silica gel is non-toxic, non-flammable and safe to use to protect foods, medicines, sensitive materials and much more. It is extremely porous and capable of absorbing high levels of moisture. It has highest moisture adsorption capacity of any commercial desiccant which makes it one of the most effective ingredients for products .It is designed to prevent corrosion during transportation and storage. Activated was the second-largest market in 2015, valued at USD 29.5 million in 2015; it is projected to grow at a CAGR of 4.16%. Activated Alumina is widely used for removing moisture, purification and other treatments. On the basis of end uses, Tablets accounted for the largest market share of 22% in 2015, with a market value of USD 208.2 million and is projected to grow at a CAGR of 4.85% during the forecast period. API’s was the second-largest market in 2015, valued at USD 203.5 million in 2015; it is projected to grow at the highest CAGR of 4.37%.

Scope of Report

The report for Global Pharmaceutical Desiccant Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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Table of Contents:

1 Introduction$ 0.00
1.1 Definition 11
1.2 Scope Of The Study 11
1.3 Assumptions 11
1.4 Market Structure 12

2 Research Methodology $ 0.00
2.1 Research Process 13
2.2 Primary Research 14
2.3 Secondary Research 14
2.4 Market Size Estimation 14
2.1 Forecast Model 16

3 Market Dynamics $ 950.00
3.1 Drivers 17
3.1.1 Growing Pharmaceutical Industry 17
3.1.2 Increase In Ageing Population 18
3.1.3 Government Initiative For Pharmaceutical Industry 19
3.2 Restraints 19
3.2.1 Stringent Regulations 19
3.2.2 Temperature Fluctuation 19
3.3 Opportunities 19
3.3.1 Scope In The Developing Nation 19
3.3.2 Establish Partnership 20
3.4 Challenges 20
3.4.1 Market Access Barriers 20
3.4.2 Rising Customer Expectations 20

Continued.....

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