Key vendors to focus on the development of environment-friendly silica gel products
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five leading vendors for the global silica gel market in their latest research report. This report also lists 3 other prominent vendors who are expected to contribute to this market’s growth between 2016-2020.
To identify the top vendors, Technavio’s market research analysts have taken into account the revenue generated by the sales of silica gel to end-use industries such as oil and gas, petrochemical, pharmaceutical, consumer goods, and others.
This Technavio report, under specialty chemicals vertical, is based on the synthesis, analysis, and interpretation of information about the global silica gel market collected from specialized sources. The analysts have derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
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Competitive vendor landscape
The presence of large global vendors such as BASF, Clariant, Evonik, Solvay, and W.R.Grace makes the global silica market highly competitive. The global market for silica gel is highly fragmented with the dominance of big vendors. With large production facilities located globally, these vendors have huge a geographical presence. Apart from the big vendors, there are also few small vendors in the market with significant shares. It is expected that with the increase in the size of silica gel and production in terms of innovation in technology, the market will become more competitive over the next four years.
With an increase in the consumption of packaging materials in the automotive, food and beverage, and other industries, along with lower consumption cost and greater capacity utilization rates, the consumption of silica gel has increased in the developing regions such as APAC and Middle East. With the growing concerns towards environment sustainability, there is a rise in the number of end users demanding environment-friendly products. Also, they are preferring technology and products that cause less environmental hazards. This, in turn, reduces global pollution and boosts growth prospects in the global silica gel market.
“The growing use of allochroic silica gel is the latest trend in the silica gel market. These gels are colored and absorb moisture from the environment and later changes the color. These gels are used in various industrial applications such as transformers and power systems, and provide ample growth opportunities for the vendors in terms of product innovations,” says Amber Chourasia, a senior analyst analyst at Technavio for research on specialty chemicals.
Top five vendors in the silica gel market space
BASF
This company is service-based and serves various industries including paper, furniture, automotive, and others. It provides chemicals, performance and crop protection products, plastics, and oil and gas to the end-user industries. With a good supply chain, BASF boasts of having customers in most of the countries across the world. BASF provides an array of silica gel products such as Sorbead R, Sorbead WS, Sorbead Orange CHAMELEON, and Sorbead H, depending upon the grain size, application and type. Sorbid, which is made of alumina silica gel absorbents and is effective in absorbing moisture, is produced by BASF. These gels are often used in chemical, automotive, natural gas, steel processing industries, and many power stations.
: Sorbead R, Sorbead WS, Sorbead Orange CHAMELEON, and Sorbead H.
Clariant
Clariant provides silica gel desiccant bags under the brand name Sorb-It. These gels are used in the automotive industry, equipment packaging, food packaging, semiconductor dry packing, and many other industries. It basically deals in the manufacture and distribution of a wide range of specialty chemicals. It operates through four business segments: plastics and coatings, care chemicals, natural resources, and catalysis and energy.
Key product: Sorb-It
Evonik
Active in more than 100 countries across the globe, Evonik provides silica gels under the brand AEROSIL. Evonik deals in the production of specialty chemicals for the use in consumer goods and animal nutrition and healthcare products. It manufactures 2 polymer materials and intermediates for the rubber and plastics industries. It delivers environment-friendly and energy-efficient system solutions for the automotive, paints and coatings, and construction industries. Apart from this, the gels produced by Evonik are also used in cosmetic industry to increase the temperature stability of lipsticks. It is also used in paints and coatings, catalysts, silicone profiles, and others.
Key product: AEROSIL
Solvay
Solvay provides silica gel under the brand name Tixosil. Being an expert in the production of specialty polymers, polyamides and intermediates, essential chemicals, silica and rare earth systems, consumer chemicals, vinyl, and acetate tow, Solvay is primarily a chemicals manufacturing company. Apart from these, it also provides barium, strontium, calcium chloride, caustic soda, and specialty polymers. The gel produced by Solvay is used in food applications, oral care, and animal nutrition. The silica gels that are used for oral care applications are Tixosil 63, Tixosil 73, and Tixosil SoftClean, whereas in the animal nutrition industry, Micropearl Tixosil 68 and Tixosil 38X are used.
Key products: Tixosil 63, Tixosil 73, Tixosil SoftClean, Tixosil 68 and Tixosil 38X.
W.R. Grace
W.R. Grace sells its silica gel products under the brand name SYLOBEAD. Grace manufactures a broad range of silica products including synthetic amorphous silica gel, colloidal silica, and precipitated silica. It deals in the manufacturing, designing and marketing of specialty chemicals and materials globally. The company operates through three segments: Grace Catalysts Technologies, Grace Materials Technologies, and Grace Construction Products. W.R. Grace offers products and technologies ranging from catalyst industries to chemical processing, construction, food and beverage, general industrial, packaging, paints, coatings, and inks, personal care, pharmaceutical and biotechnology, and plastics and rubber industries.
With the presence of huge client base, the company operates in more than 40 countries and has a wide distribution network in more than 155 countries. Grace manufactures a broad range of silica products including synthetic amorphous silica gel, colloidal silica, and precipitated silica.
Key products: SYLOBEAD SG125, SYLOBEAD SG 127, SYLOBEAD SG 59, SYLOID 72 FP, SYLOID 244 FP, and SYLOID 9005 PC.
Other prominent vendors in the silica gel market include Merck, Sorbead India, and Fuji Silysia Chemical.
A more detailed analysis is available in the Technavio report, Global Silica Gel Market 2016-2020. Technavio also customizes reports by other regions and specific segments upon request.
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