Global Pharmaceutical Desiccants Market Size To Exceed USD 171.5 Billion By 2035 | CAGR Of 4.58%
Category: Chemicals & MaterialsGlobal Pharmaceutical Desiccants Market Size To Exceed USD 171.5 Billion By 2035
According to a Research Report Published by Spherical Insights & Consulting, The Global Pharmaceutical Desiccants Market Size is Expected to Grow from USD 104.8 Billion in 2024 to USD 171.5 Billion by 2035, at a CAGR of 4.58% during the forecast period 2025-2035.
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Browse key industry insights spread across 200 pages with 100 Market data tables and figures & charts from the report on the "Global Pharmaceutical Desiccants Market Size, Share, and COVID-19 Impact Analysis, By Type (Silica Gel, Activated, Carbonclay Desiccant, Molecular Sieves), By End-use (Tablets, API’s, Capsules, Nutraceutical Product Packaging), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/pharmaceutical-desiccants-market
The Pharmaceutical Desiccants Market Size refers to the industry of moisture-absorbing materials used for protecting pharmaceutical products from moisture damage. Pharmaceutical desiccant is used for keeping the products dry and stable by absorbing moisture from air either by physical absorption or by chemical reaction. Proper preservation, transportation, and shipping of products is essential for maintaining safety and efficiency, which is responsible for driving demand for pharmaceutical desiccants. An increasing adoption of sustainable and eco-friendly production protocols across various end-use industries is offering a lucrative opportunity for market growth. An expanding pharmaceutical industry, owing to factors including the prevalence of chronic disease, geriatric population, and increasing healthcare expenditures, is contributing to driving the pharmaceutical desiccants market. However, the strict regulations, increased production costs, and environmental concerns are challenging the market.
The silica gel segment dominated the market with the largest revenue share in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on the type, the pharmaceutical desiccants market is divided into silica gel, activated, carbonclay desiccant, and molecular sieves. Among these, the silica gel segment dominated the market with the largest revenue share in 2024 and is projected to grow at a substantial CAGR during the forecast period. Silica gel is the most favourable type of desiccant used for keeping products within an optimum temperature during storage and transportation. The non-toxicity and odour-suppressing properties of silica gel are responsible for driving the market in the silica gel segment.
The tablets segment accounted for the largest market share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the end-use, the pharmaceutical desiccants market is divided into tablets, API’s, capsules, and nutraceutical product packaging. Among these, the tablets segment accounted for the largest market share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. Desiccant tablets effectively test the moisture levels from the top surface of the bottle when they are being packed. They are ideal for blister packaging, electronic, and consumer packaging in pharmaceuticals.
North America is expected to hold the majority share of the global pharmaceutical desiccants market during the forecast period.
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North America is expected to hold the majority share of the global pharmaceutical desiccants market during the forecast period. An extensive application of pharmaceutical desiccants in the oil & gas, petrochemical, and pharmaceutical industries is driving the market. Additionally, an ongoing improvement and advancement in controlling the moisture content contribute to promoting the market growth.
Asia Pacific is anticipated to grow at the fastest pace in the global pharmaceutical desiccants market during the forecast period. This is attributed to the increased production of pharmaceutical desiccants in China and their use in Chinese plants. Technological advancements and government regulatory support for promoting the use of sustainable desiccants are propelling the market.
Europe is anticipated to hold a significant share of the pharmaceutical desiccants market during the projected timeframe. The growing need for effective moisture control solutions in the pharmaceutical industry is propelling the market demand. In addition, demand for moisture-resilient drug delivery systems is augmenting the market growth.
Major vendors in the global pharmaceutical desiccants market are I. Du Pont De Nemours and Company, Filtration Group Corporation, Sanner GmbH, Clariant Global, CSP Technologies Inc, Capitol Scientific Inc, Desiccare Inc, R. Grace & Company, Desican Inc, Oker Chemie GmbH, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In February 2023, Airnov displayed its latest desiccant closure system at Pharmapack. Airnov Healthcare Packaging, a provider in controlled atmosphere packaging, has launched a brand-new advanced solution that promises to provide substantial benefits to the pharmaceutical industry.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the pharmaceutical desiccants market based on the below-mentioned segments:
Global Pharmaceutical Desiccants Market, By Type
- Silica Gel
- Activated
- Carbonclay Desiccant
- Molecular Sieves
Global Pharmaceutical Desiccants Market, By End-use
- Tablets
- API’s
- Capsules
- Nutraceutical Product Packaging
Global Pharmaceutical Desiccants Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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