Silica Gel Market Size 2022 Overview with Demographic Data and Industry Size Trends 2030
Silica Gel Market The silica Gel Market is projected to be worth USD 781.9 Million by 2030, registering a CAGR of 3.3% during the forecast period (2020–2030). Due to their dry and moisture-proof properties, types A and B are increasingly being used in applications such as adsorbents, perfume carriers, and separators, which is driving the market growth. In the food and beverage industry, silica gel is used as a desiccant to prolong the shelf life of products and resist deterioration and fungus growth caused by moisture. Furthermore, silica gel is used as an anti-caking agent, stabilizer, deforming agent, and anti-settling agent in food additives. Because of its widespread use in pharmaceutical packaging to reduce product spoilage due to moisture content, the Silica Gel Market Size is expected to expand in tandem with the pharmaceutical industry’s expansion. COVID 19 Analysis The global pandemic of COVID-19 has affected a major chunk of the population. Many people have lost their ...