Market World Pharmaceutical Grade Silica Gel Market

Pharmaceutical Grade Silica Gel Market Drivers, Product Type,
Size by Value and Trends Forecasts To 2025
“Major pharmaceutical firms are adopting the on-going industry trends and
are attaining economies of scale through utilization of cost reduction
methods. The global market for desiccants is expected to be driven by the
growth of biotech companies.”
Industrial Insights
The market size of global pharmaceutical grade silica gel was valued at USD 40.8 million in the year 2015 and is
anticipated to experience a substantial growth over the analysis period. The market will be driven by the
increasing demand from major application industries such as drug carrier, desiccants, and adsorbent.
The desiccants are used to preserve and adsorb the water vapors in the formulation of a drug. The existence of
excess moisture may harm the efficiency of the drug. Major pharmaceutical firms are adopting the on-going
industry trends and are attaining economies of scale through utilization of cost reduction methods. The global
market for desiccants is expected to be driven by the growth of biotech companies.
The desiccants dominated the global market. Major players are planning to improve their operating efficiencies,
which would result in increasing the demand for the product. Packaging has been a crucial factor defining the
quality of the drug, which is confirmed by the application of desiccants canisters.
The desiccants canisters are responsible to maintain the efficiency and provide protection for the drug. The
main purpose of these canisters is for rapid insertion in the table bottles. The desiccant sachet contains silica
gel that plays a significant role in the protection and moisture absorption.
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