LATIN AMERICA PHARMACEUTICAL DESICCANT MARKET 2019-2027

Chemicals & Materials | Specialty Chemicals

LATIN AMERICA PHARMACEUTICAL DESICCANT MARKET 2019-2027

Market By Types, End-users And Geography | Forecast 2019-2027

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According to Triton Market Research, the pharmaceutical desiccant market in Latin America is expected to proliferate with a CAGR of 4.86% in the forecast period 2019 to 2027.

The countries that have been considered in Latin America’s pharmaceutical desiccant market are:

•           Mexico

•           Brazil

•           Rest of Latin America

The pharmaceutical market in Brazil is the sixth-largest market in the world in terms of sales revenue. Prescription drugs contribute to half of the sales, OTC drugs take 27% of the share, and generic drugs have the remaining 23%. The generic drugs segment was the primary driver responsible for the decade-long growth of Brazil’s pharmaceutical industry, with it's market sales growing thrice from 2009-2013. Brazil takes pride in running one of the most comprehensive national public healthcare systems in the world. It provides free and universal healthcare benefits to all its citizens through its national healthcare program called ‘Systema Unico de Saude (SUS)’. It is essentially funded by taxpayers’ money without charging anything extra to the beneficiaries.

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An estimated three-fourths of the population uses and relies on the public SUS program, with the remainder one-fourth using private providers. Policymakers in Brazil have accounted for the upcoming demographic changes and the need for advancements in the healthcare sector. Necessary changes are being implemented to fulfil the increased requirements. Ambitious programs like Farmácia Popular have been launched, which aim to provide timely and increased medical assistance to the masses for the most common diseases. The number of licenses for physicians is also expected to increase in a bid to improve the overall healthcare system. Such measures, aimed at improving both prevention and cure, will complement the growth of the pharma industry.

The companies trying to enter the pharmaceutical market are required to have a moderate capital investment to set up manufacturing facilities and carry out R&D activities. Also, low-to-medium switching costs make the threat of new entrants moderately easy, resulting in the threat of new entrants’ medium. Alternatives to desiccants are very less in the market. So the market players do not face much threat from substitutes. Furthermore, the lower the relative price performance of substitutes in the market is, the lower is the threat of these substitutes.

Desiccare, Inc. provides desiccants and moisture-absorbing products to leading industry players. The company is known to have provided its products and services to companies such as Cargill, Wal-Mart, Remington, Intel, Texas Instruments, Sealy, etc. Desiccare has been a pioneer in new technology when it comes to designing and engineering custom solutions for the packaging industry. Desiccare’s engineering department is equipped with advanced chemical laboratories in Mexico and Mississippi, that allows the company to develop custom chemical blends and offer a wider range of protection than traditional desiccant manufacturing companies.

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Table of Content

1.    LATIN AMERICA PHARMACEUTICAL DESICCANT MARKET - SUMMARY

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. PORTER’S FIVE FORCES ANALYSIS

2.2.1.   THREAT OF NEW ENTRANTS

2.2.2.   BARGAINING POWER OF SUPPLIERS

2.2.3.   BARGAINING POWER OF BUYERS

2.2.4.   THREAT OF SUBSTITUTES

2.2.5.   COMPETITIVE RIVALRY

2.3. VENDOR SCORECARD

2.4. SUPPLY CHAIN ANALYSIS

2.5. KEY INSIGHT

2.6. MARKET DRIVERS

2.6.1.   INCREASING GERIATRIC POPULATION

2.6.2.   GOVERNMENT INITIATIVES TAKEN TO ENSURE QUALITY OF DRUGS

2.6.3.   CONTINUOUS GROWTH IN THE PHARMACEUTICAL INDUSTRY

2.7. MARKET RESTRAINTS

2.7.1.   VARIABLE TEMPERATURES HAMPER PHARMACEUTICAL PRODUCTS

2.7.2.   STRINGENT REGULATIONS

2.8. MARKET OPPORTUNITIES

2.8.1.   ESTABLISHMENT OF STRONGER PRESENCE IN VARYING CONSUMER PREFERENCES

2.9. MARKET CHALLENGES

2.9.1.   GROWING CUSTOMER EXPECTANCIES

2.9.2.   PRICING IS MARKET-BASED RATHER THAN COST-BASED

3.    PHARMACEUTICAL DESICCANT MARKET OUTLOOK - BY TYPES

3.1. SILICA GEL

3.2. ACTIVATED ALUMINA

3.3. CARBONCLAY DESICCANT

3.4. MOLECULAR SIEVES

3.5. OTHER TYPES

4.    PHARMACEUTICAL DESICCANT MARKET OUTLOOK - BY END-USER

4.1. TABLETS

4.2. APIs

4.3. CAPSULES

4.4. NUTRACEUTICAL PRODUCT PACKAGING

4.5. DIAGNOSTIC KITS

5.    PHARMACEUTICAL DESICCANT MARKET - REGIONAL OUTLOOK

5.1. LATIN AMERICA

5.1.1.   COUNTRY ANALYSIS

5.1.1.1.      BRAZIL

5.1.1.2.      MEXICO

5.1.1.3.      REST OF LATIN AMERICA

6.    COMPANY PROFILES

6.1. CAPITOL SCIENTIFIC, INC.

6.2. CLARIANT LATIN AMERICA

6.3. CSP TECHNOLOGIES, INC.

6.4. DESICCARE, INC.

6.5. E. I. DU PONT DE NEMOURS AND COMPANY

6.6. MULTISORB TECHNOLOGIES

6.7. MUNTERS AB

6.8. OKER-CHEMIE GMBH

6.9. PROFLUTE AB

6.10.            ROTOR SOURCE, INC.

6.11.            SANNER GMBH

6.12.            W. R. GRACE & CO.

7.    METHODOLOGY AND SCOPE

7.1. RESEARCH SCOPE

7.2. SOURCES OF DATA

7.3. RESEARCH METHODOLOGY

List of table

TABLE 1        LATIN AMERICA PHARMACEUTICAL DESICCANT MARKET 2019-2027 ($ MILLION)

TABLE 2        LATIN AMERICA PHARMACEUTICAL DESICCANT MARKET BY TYPES 2019-2027 ($ MILLION)

TABLE 3        LATIN AMERICA PHARMACEUTICAL DESICCANT MARKET BY END-USERS 2019-2027 ($ MILLION)

TABLE 4        LATIN AMERICA PHARMACEUTICAL DESICCANT MARKET BY COUNTRIES 2019-2027 ($ MILLION)

List of Figures

FIGURE 1      LATIN AMERICA PHARMACEUTICAL DESICCANT MARKET 2019-2027 ($ MILLION)

FIGURE 2      PORTER’S FIVE FORCES ANALYSIS OF LATIN AMERICA PHARMACEUTICAL DESICCANT MARKET

FIGURE 3      LATIN AMERICA PHARMACEUTICAL DESICCANT MARKET IN SILICA GEL 2019-2027 ($ MILLION)

FIGURE 4      LATIN AMERICA PHARMACEUTICAL DESICCANT MARKET IN ACTIVATED ALUMINA 2019-2027 ($ MILLION)

FIGURE 5      LATIN AMERICA PHARMACEUTICAL DESICCANT MARKET IN CARBONCLAY DESICCANT 2019-2027 ($ MILLION)

FIGURE 6      LATIN AMERICA PHARMACEUTICAL DESICCANT MARKET IN MOLECULAR SIEVE 2019-2027 ($ MILLION)

FIGURE 7      LATIN AMERICA PHARMACEUTICAL DESICCANT MARKET IN OTHER TYPES 2019-2027 ($ MILLION)

FIGURE 8      LATIN AMERICA PHARMACEUTICAL DESICCANT MARKET IN DESICCANT TABLETS 2019-2027 ($ MILLION)

FIGURE 9      LATIN AMERICA PHARMACEUTICAL DESICCANT MARKET IN API 2019-2027 ($ MILLION)

FIGURE 10   LATIN AMERICA PHARMACEUTICAL DESICCANT MARKET IN DESICCANT CAPSULES 2019-2027 ($ MILLION)

FIGURE 11   LATIN AMERICA PHARMACEUTICAL DESICCANT MARKET IN NUTRACEUTICAL PRODUCTS PACKAGING 2019-2027 ($ MILLION)

FIGURE 12   LATIN AMERICA PHARMACEUTICAL DESICCANT MARKET IN DIAGNOSTIC KITS 2019-2027 ($ MILLION)

FIGURE 13   BRAZIL PHARMACEUTICAL DESICCANT MARKET 2019-2027 ($ MILLION)

FIGURE 14   MEXICO PHARMACEUTICAL DESICCANT MARKET 2019-2027 ($ MILLION)

FIGURE 15   REST OF LATIN AMERICA PHARMACEUTICAL DESICCANT MARKET 2019-2027 ($ MILLION)

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