What is Desiccant Packets Market Scope?
Desiccant packets are moisture adsorbing that are available in different configurations and sizes, and are made from many different substrates. These packets are used in various applications in order to adsorb gas, moisture vapor, or odor. Some manufacturers also provide custom blends that combine two functions in a single packet. For example, by blending activated carbon and silica gel in equal amounts, a desiccant packet is created that adsorb both odor and moisture. The desiccant packets have a huge quantity of internal surface area that can separate liquids from gases, activated carbon packets offer superior adsorption. A wide range of commercial and industrial applications use activated carbon packets to neutralize odors. Packets are ideal for pharmaceutical and nutraceutical products that are inclined to either chemical or physical degradation due to moisture.
The Desiccant Packets market study is being classified by Type (Molecular Sieve Packets, Silica Gel Packets, Clay Craft Unit Pack, Cargo Dry Pack and Others), by Application (Pharmaceutical [Ethical Prescription, Generic, & OTC], Nutraceutical [Dietary/Health Supplements, Probiotic Supplements, Vitamins], Diagnostics [Rapid Tests, Pregnancy Tests, Molecular Diagnostics], Electronics, Food and Others) and major geographies with country level break-up.
Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Desiccant Packets market throughout the predicted period.
Delta Enterprises Inc. (United States), Desco Industries Inc. (United States), BASF (United States), Solvay S.A (Belgium), Evonik (Germany), W.R. Grace (United States), Merck & Co. (United States), Fuji Silysia Chemical (Japan), Clariant (Switzerland), IMPAK Corporation (United States), Sorbead India (India) and GeeJay Chemicals (United Kingdom) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Interra Global (United States), Absortech (Sweden), WidgetCo (United States) and Desiccare, Inc. (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Desiccant Packets market by Type, Application and Region.
On the basis of geography, the market of Desiccant Packets has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
On January 31, 2020 - BASF closed the acquisition of Solvay’s polyamide business. The transaction broadens BASF’s polyamide capabilities with innovative and well-known products such as Technyl. This will allow BASF to support its customers with even better engineering plastics solutions, e.g., for autonomous driving and e-mobility. and On December 21, 2019 - BASF and an affiliate of Lone Star, a global private equity firm, signed a purchase agreement for the acquisition of BASF’s Construction Chemicals business. Under the umbrella of Lone Star, the Construction Chemicals team can focus on a growth path with an industry-specific approach.
Standard for desiccants of drug and food mainly refers to the standard for package container (material) of drug compiled by State Food and Drug Administration: Standard for solid paper bagged desiccant of drug, YBB00122005. This standard specified the requirements for fine-pored spherical type silica gel desiccant packed with solid preparation filter paper.
Influencing Market Trend
- Rising Adoption and Increasing Demand of the Packaged Food in Developing and Developed Nations
- Propelling Use of Desiccant Packets in the Electronics Industry
Market Drivers
- Increasing Food Processing Industry Globally
- Growing use in Pharmaceutical Industry
Opportunities
- Growing Industrialization Worldwide
Restraints
- Intense Competition among the Competitors
Key Target Audience
Manufacturers of Desiccant Packets, Suppliers of Desiccant Packets, Wholesalers, Distributors and Retailers of Desiccant Packets, Healthcare Industry, Food Packaging Industry, Electronic Industry and Regulatory Bodies
Customization available in this Study:
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