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The silicone market is expected to grow at a rate of 3.4%, from USD 546.6 million in 2019 to USD 703.5 million in 2027.

New York City, New York, USA, December 1, 2021/EINPresswire.com/-According to a new report from Reports and Data, the global silicone market is expected to reach US$703.5 million by 2027. The various properties of silica gel, such as non-toxic, non-corrosive, chemically inert and excellent adsorption performance, have increased its application in various applications. Commercially, silica gel mainly has three types of pores: fine, medium and wide. It is used as a desiccant in the food and beverage industry to increase the shelf life of the product and prevent rot due to moisture and fungus growth. In addition, in food additives, silica gel is used as an anti-caking agent, stabilizer, deformation agent and anti-precipitation agent. The growth of the pharmaceutical industry is also expected to open up the silica gel market, because silica gel is widely used in the packaging of pharmaceutical products to reduce product deterioration due to moisture. In addition, high surface properties and excellent adsorption properties make silica gel useful in water treatment plants. The increasing shift from traditional water treatment to physical water treatment, coupled with strict government regulations, are other factors that are actively stimulating the global market. With simple manufacturing procedures and high adsorption quality, silica gel is popular worldwide as an easily available and inexpensive moisture adsorbent.

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Major Participants Major participants include Evonik Industries, Clariant, Solvay, Merck Group, China National Bluestar Corporation, Fuji Silicon Chemical, Silicycle, Multisorb Technologies, WR Grace & Co. and Thermo Fischer Scientific.

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The further key findings of the report indicate that • The packaging industry is growing, as almost all large and small companies focus on their logistics. In addition, specific industries such as food, medicine, and electronics have provided greater impetus to the safety of their products. To protect their products from moisture, they use silica gel as a desiccant.

• In addition to medicine and food, the electronics industry can also be regarded as an emerging market for silicone. The number of electronics companies in China, Japan, India and other countries has increased dramatically. Therefore, the demand for silicone used to encapsulate electronic devices is also increasing.

• Due to its dry and waterproof properties, fine and mesoporous silica gels are increasingly used in applications such as adsorbents, perfume carriers, and separators, which contributes to the growth of the market.

• Indicative silica gel occupies a significant market share due to its adsorptive indicating properties. In the food and pharmaceutical industries, non-indicating silica gel is the first choice because the indicating silica gel has toxic color indicator compounds.

• Due to the increasing application of silica gel in the oil and gas and petrochemical industries, the Middle East and Africa are expected to experience significant market growth. Favorable government regulations that encourage the oil and gas industry are one of the main drivers of market growth. Silica gel is widely used to remove impurities, hydrocarbons and water molecules in crude oil, natural gas and other petroleum gases, respectively. For the purpose of this report, the report and data segment the global silicone market based on type, pore size, application, and region:

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Type outlook (revenue, billion US dollars; 2017-2027) • Indicative • Non-indicative

Aperture outlook (revenue, billion US dollars; 2017-2027) • fine • medium • wide

Application prospects (revenue, billion US dollars; 2017-2027) • Desiccant o Food o Pharmaceutical o Others • Chromatography • Food additives • Water filtration • Others (personal care, electrical and electronic)

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About Us Reports and Data is a research and consulting company that provides joint research reports, customized research reports and consulting services. Our solutions are fully focused on your purpose, namely, positioning, positioning and analyzing changes in consumer behavior across demographics and industries, and helping customers make more informed business decisions. We provide intelligence research to ensure relevant and fact-based research across multiple industries, including healthcare, technology, chemicals, electricity, and energy. We constantly update our research products to ensure that our customers understand the latest trends that currently exist. Reports and Data has a strong base of experienced analysts from different professional fields.

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