Skip to main content

What are the running costs of an Pharmaceutical Grade Silica Gel manufacturing plant?

The industry is segmented into adsorbent, the drug carrier, glidant, desiccant and other excipients. The application segment of drug carrier is additionally divided into liquid drugs and scarcely soluble drugs. The silica gel protects antibiotic formulations from moisture and improves the storage stability and shelf life. The growth of the pharmaceutical sector is expected to remain a significant contributing factor over the forecast period.

The product is widely used in the application segment of desiccants on account of its ability to exhibit a comparatively lower vapor pressure than the ambient pressure. The desiccant substance is a hygroscopic element that withstands the state of dryness in the formulation of the drug. The performance varies with relative & absolute humidity and temperature, and its usage is defined after examining the condition in which it is being used.

Regional Insights

In terms of the global volume share, Asia Pacific held 45.10%, followed by North America. Asia Pacific is also expected to witness the fastest growth on account of its increasing demand from the pharma industry for the purpose of protective packaging in the form of packets/bags, canisters and desiccants. In addition, abundant availability of sulfuric acid in the region is anticipated to boost the product demand in the near future.

The improving penetration of pharmaceutical excipients and ingredients in the biotech companies and specialty medicines has caused the cumulative progress over the recent past. Moreover, rising disposable incomes and developing healthcare infrastructure are also enhancing the expansion of the pharmaceutical industry in the region, particularly in India and China.

The leading firms are investing aggressively in order to increase their market share. The pharmaceutical sector in China has witnessed abundant investments in the recent years. The sales of drugs were estimated at over $115 billion in the year 2015. These factors are anticipated to drive the growth over the forecast period.

Browse full report with TOC  - https://www.millioninsights.com/industry-reports/pharmaceutical-grade-silica-gel-market

Competitive Insights

In the recent years, development of new products has been the key growth strategy adopted by the major players for the purpose of increasing their business presence. The major participants are emphasizing on R&D activities in order to develop new and innovative products with a view to strengthen their foothold and achieve a competitive edge.

The pharmaceutical grade silica gel market is highly fragmented in nature. The major players are E.I. DuPont Nemours and Company, Evonik Industries, Solvay S.A., W.R. Grace & Company., Dow and Clariant International Ltd

Market Segment:

Application Outlook (Volume, Tons; Revenue, USD Million, 2013 - 2025)

       • Desiccant

              • Scarcely soluble drugs

              • Liquid drugs

       • Drug carrier

       • Adsorbent

       • Glidant

Comments

Post a Comment

Popular posts from this blog

Functional Tea Market is expected to boost the growth of the market over the forecast period.

Functional Tea refers to a series of teas that can contribute to bodily functions. In 2019, the market size of Functional Tea is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period. Download Request sample copy -  https://www.innovationmarketresearch.com/market-reports/functional-tea-market/request-sample In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Functional Tea. This report studies the global market size of Functional Tea, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Functional Tea sales volume, revenue, market share and growth rate for each key company, and also covers the breakdown data (sal...
Post a Comment
Read more

Global oriented strand board (OSB) market size was estimated over USD 8.0 million in 2014.

Global oriented strand board (OSB) market size was estimated over USD 8.0 million in 2014. The growing substitution of plywood by OSB in applications such as residential construction and commercial sector is expected to have a positive impact on market demand. The high strength to weight ratio and easy installation advantages provided by oriented strand board are driving market growth of these products. This product is consumed for both non-structural and structural applications such as shelving, pallet manufacture, frames, furniture, industrial tabletops, dry storage pallets, packaging and crafting. Technological advancements in countries such as Brazil, Russia, China, and India for the development of new products is anticipated to create new growth avenues over the forecast period. Download Free Sample  -  https://www.millioninsights.com/industry-reports/oriented-strand-board-osb-market/request-sample Increasing consumption of office furniture and home furniture is likely to...
Post a Comment
Read more

Global 23-Valent Pneumococcal Polysaccharide Vaccine Market Status and Outlook (2013-2028)

The global 23-Valent Pneumococcal Polysaccharide Vaccine market was valued at $XX million in 2018, and MAResearch analysts predict the global market size will reach $XX million by the end of 2028, growing at a CAGR of XX% between 2018 and 2028. Download Free PDF Sample @  https://www.radiantinsights.com/research/2013-2028-report-on-global-23-valent-pneumococcal-polysaccharide-vaccine-market/request-sample This report provides detailed historical analysis of global market for 23-Valent Pneumococcal Polysaccharide Vaccine from 2013-2018, and provides extensive market forecasts from 2019-2028 by region/country and subsectors. It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the 23-Valent Pneumococcal Polysaccharide Vaccine market. Leading players of 23-Valent Pneumococcal Polysaccharide Vaccine including: MSD Sanofipasteur CDIBP Market split by Type, can be divided into: Single Dose Vial Pre-filled Syringe Market split by Applicati...
Post a Comment
Read more