Dallas,TX (PRWEB) March 24, 2015
The increased demand for silica gel from the APAC region (excluding China) is one of the major positive trends being witnessed by manufacturers in the market in recent years. There has been a significant increase in the use of silica gel for the manufacture of adsorbents and desiccants in emerging economies in the region, especially in India, Taiwan, and Thailand.
Analysts forecast the Global Silica Gel market to grow at a CAGR of 4.02% over the period 2014-2019. According to the report, the increased demand for silica gel in China, resulting from the increase in economic and industrial development in the country in recent years, is the major driver for the growth of the market. The increase in demand for silica gel for various commercial, industrial, and household applications in China, along with the significant increase in silica gel production capacity in China in recent years, is expected to benefit the Global Silica Gel market.
Silica gel, one of the specialty silica and a form of silicon dioxide, is prepared commercially by the acidification of sodium silicate. It is used in a variety of commercial, industrial, and household applications, and it is available in various forms and types. Some of the major types are type A, type B, type C, cat litter, and stabilizing silica gel. As a result of its simple manufacturing process, high specific surface area, and superior adsorption characteristics, it is considered one of the cheapest and readily available moisture absorbents across the globe and finds extensive use as an adsorbent and a desiccant. Apart from the aforementioned major application, it also is used in water filtration, as a food additive, and for chromatography.
The report recognizes the following companies as the key players in the Global Silica Gel Market: Clariant AG, Evonik Industries AG, Huber (JM) Corporation, Solvay SA and Grace (WR) & Company.
Other Prominent Vendors in the market are: Arsenal OOO, Cabot Corporation, China National Bluestar (Group) Corp., China Silica Gel Co., Dow Chemical, DuPont, Evonik Industries, Fuji Silysia Chemical, Gujarat Multi Gas Base Chemicals, H.C. Starck, Imerys Group, International Silica Gel Co., Makall Group, Merck Group, Millennium Chemicals, Multisorb Technologies, Nissan Chemical Industries, OKER-CHEMIE, PQ Corporation, Qingdao Haiyang Chemical Co., Shenzhen Chunwang Environmental Protection Technology Co., Tokuyama Corporation and Tosoh.
Order a copy of this report at http://www.rnrmarketresearch.com/contacts/purchase?rname=314541 .
The report covers the present scenario and the growth prospects of the Global Silica Gel market for the period 2015-2019. On the basis of application, the Global Silica Gel market can be segmented into following: Adsorbents and Desiccants, Water Filtration, Food Additive, and Chromatography and others.
Global Silica Gel Market 2015-2019 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, the APAC region (excluding China), China, and the EMEA region; it also covers the Global Silica Gel market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Further, the report states that the dearth of silica gel demand in developed countries, owing to saturated market conditions, is a major challenge being faced by manufacturers in the market. In recent years, the market has witnessed declining demand for silica-gel-based products in developed countries in North America and Western Europe, including the US, Germany, France, and the UK, making it difficult for manufacturers of silica gel in these regions to maintain their profit margins.
Browse More Report on Chemicals Market .
List of Exhibits:
Exhibit 1: Market Research Methodology
Exhibit 2: Segmentation of Global Silica Gel Market
Exhibit 3: Segmentation of Global Silica Gel Market by Application
Exhibit 4: Segmentation of Global Silica Gel Market by Geography
Exhibit 5: Global Silica Gel Market 2014-2019 (US$ million)
Exhibit 6: Global Silica Gel Market 2014-2019 (KTPA)
Exhibit 7: Segmentation of Global Silica Gel Market by Application 2014 and 2019
Exhibit 8: Segmentation of Global Silica Gel Market by Application 2014-2019 (US$ million)
Exhibit 9: Global Silica Gel Market in Adsorbents and Desiccants 2014-2019 (US$ million)
Exhibit 10: Global Silica Gel Market in Water Filtration 2014-2019 (US$ million)
Exhibit 11: Global Silica Gel Market in Food Additives 2014-2019 (US$ million)
Exhibit 12: Global Silica Gel Market in Chromatography and Others 2014-2019 (US$ million)
Exhibit 13: Segmentation of Global Silica Gel Market by Geography 2014-2019
Exhibit 14: Segmentation of Global Silica Gel Market by Geography 2014-2019 (US$ million)
Exhibit 15: Silica Gel Market in China 2014-2019 (US$ million)
RnRMarketResearch.com is your single source for all market research needs. Our database includes 100,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets.