Market By Types, End-users And Geography | Forecast 2019-2027
After studying the pharmaceutical desiccant market in North America, Triton Market Research has concluded that the market is projected to grow with a CAGR of 4.64% over the estimated period of 2019-2027.
The countries that have been scrutinized in the North America pharmaceutical desiccant market are:
• The United States
• Canada
North America is one of the leading markets for pharmaceutical desiccants, which find extensive use in the region's oil & gas, petrochemical and pharmaceutical industries. Pharmaceutical desiccants are required in pharmaceutical packaging for protecting medicines from moisture and other impurities. North America accounted for more than 29% of the revenue in the global pharmaceutical industry in 2017. The strong pharmaceutical manufacturing base in the region, due to supportive government regulations and high R&D expenditure, bodes well for the growth of the market.
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In North America, activated alumina is preferred as a desiccant for the oil & gas, pharmaceutical and chemical industries. Activated alumina is most efficiently used for dehumidifying natural gas lines. Companies have designed specialized activated alumina that can absorb liquids efficiently. The molecular sieves market in North America is expected to grow steadily over the next five years, owing to the growing shale gas extraction in the US. The increasing oil production in the Gulf of Mexico is subsequently driving the downstream application markets and will also propel the growth of the molecular sieves markets in the region.
The silica gel market in North America is expected to grow at a constant rate during the forecast period. Silica gel is being used extensively in the region as a matting agent for surface coating applications. For instance, PQ Corporation's GASIL, a silica gel-based product, has gained significant popularity among the paints & coatings manufacturers in recent years. The North American market comprises of the most attractive international companies looking to launch innovative pharmaceuticals. The US is ranked first globally, while the region’s second-ranked country is Canada, which ranks eighth globally.
Multisorb Technologies is a provider of sorbent products, headquartered in Buffalo, New York, the United States. It provides desiccants, moisture management products, spill control materials, odour absorbers, oxygen absorbers and other speciality sorbents. Multisorb markets its products under various brand names such as StripPax, MiniPax, SaniSorb, StabilOx, DesiCap, Humonitor, TranSorb, Dri-Can and FreshPax. The company caters its products to the healthcare, food & beverage, storage, government, electronics and transportation industries. It operates through its offices located in the US and the UK.
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VIEW REPORT1. NORTH
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-USERS
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. NORTH
AMERICA
5.1.1. COUNTRY
ANALYSIS
5.1.1.1. THE
UNITED STATES
5.1.1.2. CANADA
6. COMPANY
PROFILES
6.1. CAPITOL
SCIENTIFIC, INC.
6.2. CLARIANT
NORTH 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
TABLE 1 NORTH AMERICA PHARMACEUTICAL DESICCANT
MARKET 2019-2027 ($ MILLION)
TABLE 2 NORTH AMERICA PHARMACEUTICAL DESICCANT
MARKET BY TYPES 2019-2027 ($ MILLION)
TABLE 3 NORTH AMERICA PHARMACEUTICAL DESICCANT MARKET
BY END-USERS 2019-2027 ($ MILLION)
TABLE 4 NORTH AMERICA PHARMACEUTICAL DESICCANT
MARKET BY COUNTRIES 2019-2027 ($ MILLION)
FIGURE 1 NORTH AMERICA PHARMACEUTICAL DESICCANT
MARKET 2019-2027 ($ MILLION)
FIGURE 2 PORTER’S FIVE FORCES ANALYSIS OF NORTH
AMERICA PHARMACEUTICAL DESICCANT MARKET
FIGURE 3 NORTH AMERICA PHARMACEUTICAL DESICCANT
MARKET IN SILICA GEL 2019-2027 ($ MILLION)
FIGURE 4 NORTH AMERICA PHARMACEUTICAL DESICCANT
MARKET IN ACTIVATED ALUMINA 2019-2027 ($ MILLION)
FIGURE 5 NORTH AMERICA PHARMACEUTICAL DESICCANT
MARKET IN CARBONCLAY DESICCANT 2019-2027 ($ MILLION)
FIGURE 6 NORTH AMERICA PHARMACEUTICAL DESICCANT
MARKET IN MOLECULAR SIEVE 2019-2027 ($ MILLION)
FIGURE 7 NORTH AMERICA PHARMACEUTICAL DESICCANT
MARKET IN OTHER TYPES 2019-2027 ($ MILLION)
FIGURE 8 NORTH AMERICA PHARMACEUTICAL DESICCANT
MARKET IN DESICCANT TABLETS 2019-2027 ($ MILLION)
FIGURE 9 NORTH AMERICA PHARMACEUTICAL DESICCANT
MARKET IN API 2019-2027 ($ MILLION)
FIGURE 10 NORTH AMERICA PHARMACEUTICAL DESICCANT MARKET
IN DESICCANT CAPSULES 2019-2027 ($ MILLION)
FIGURE 11 NORTH AMERICA PHARMACEUTICAL DESICCANT MARKET
IN NUTRACEUTICAL PRODUCTS PACKAGING 2019-2027 ($ MILLION)
FIGURE 12 NORTH AMERICA PHARMACEUTICAL DESICCANT MARKET
IN DIAGNOSTIC KITS 2019-2027 ($ MILLION)
FIGURE 13 THE UNITED STATES PHARMACEUTICAL DESICCANT
MARKET 2019-2027 ($ MILLION)
FIGURE 14 CANADA PHARMACEUTICAL DESICCANT MARKET
2019-2027 ($ MILLION)