Market Overview:
The global montmorillonite desiccant market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for montmorillonite desiccants from various end-use industries, such as food industry, pharmaceutical industry, communications industry, and electronic industry. In addition, the growing demand for these desiccants in emerging economies is also contributing to the growth of this market. However, factors such as volatility in prices of raw materials and stringent government regulations may hamper the growth of this market during the forecast period. On basis on type Montmorillonite Desiccant Market is segmented into granularity 0.5-1mm granularity 1-2mm granularity 2-4mm others) . Among these segments , Granularity 1-2 mm segment accounted for major share in terms revenue followed by Granularity 0 . 5 -1 mm segment In 2017 . On basis on application Montmorillonite Desiccant Market is divided into Food Industry Pharmaceutical Industry Communications Industry Electronic Others) .
Product Definition:
Montmorillonite Desiccant is a clay mineral that absorbs water and other gases. It is used to dry out air and create a moisture-free environment.
Granularity Is 0.5-1.5mm:
Montmorillonite is a naturally occurring hydrated magnesium silicate. It has the ability to absorb water vapor and can be used as an adsorbent for various molecules. Montmorillonite’s pore structure allows it to adsorb water vapor effectively, which makes it useful in applications such as dehumidifier desiccant, battery desiccant, and industrial drying among others.
Granularity Is 1-2mm:
Granularity is the size of particles in a solid material. The smaller the particle, the better will be its ability to move air. In Montmorillonite desiccant market, we can see that granular materials are used as adsorbents for gaseous compounds and their abilities vary depending on their sizes.
Application Insights:
The food industry was the largest application segment in 2017 and is expected to witness significant growth over the forecast period. The product finds application as a moisture-proof packaging material for fruits, vegetables, meat and fish. It is used as an ingredient in various processed foods such as snacks, bakery products, frozen meals and canned foods.
The pharmaceutical industry also holds considerable potential for Montmorillonite desiccant market growth owing to its properties of being a reliable protection medium against moisture loss from drugs including penicillin G potassium salt tablets & capsules; phenylalanine HCl; pyridoxine hydrochloride; chloramphenicol sodium succinate; doxycycline hyclate; minocycline hydrochloride and others.
Regional Analysis:
North America dominated the global montmorillonite desiccant market in 2017. The growth of the region can be attributed to increasing demand for electronic products, growing pharmaceutical industry, and rising food processing activities. Moreover, technological advancements coupled with high R&D spending by companies are expected to drive product demand in this region over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rapid industrialization and urbanization along with increasing population in countries such as China and India. In addition, favorable government initiatives regarding infrastructure development are expected to fuel market growth during the forecast period.
Growth Factors:
- Increasing demand for desiccants from end-use industries such as food & beverage, pharmaceuticals, and electronics
- Rising awareness about the benefits of using desiccants in various applications
- Growing investments in research and development to develop new and improved desiccant products
- Proliferation of e-commerce platforms that offer a wide range of desiccant products at competitive prices
- Expansion of global trade routes that are facilitating the importation ofdesiccants from other countries
Scope Of The Report
Report Attributes
Report Details
Report Title
Montmorillonite Desiccant Market Research Report
By Type
Granularity Is 0.5-1.5mm, Granularity Is 1-2mm, Granularity Is 2-4mm, Others
By Application
Food Industry, Pharmaceutical Industry, Communications Industry, Electronic, Others
By Companies
Wise Sorbent, Protective Packaging, Dingxing, TOPCOD, Crecompany, CLARIANT, ASCEND GLOBAL, Chun-Wang, Wanhuatong
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Montmorillonite Desiccant Market Report Segments:
The global Montmorillonite Desiccant market is segmented on the basis of:
Types
Granularity Is 0.5-1.5mm, Granularity Is 1-2mm, Granularity Is 2-4mm, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Industry, Pharmaceutical Industry, Communications Industry, Electronic, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Wise Sorbent
- Protective Packaging
- Dingxing
- TOPCOD
- Crecompany
- CLARIANT
- ASCEND GLOBAL
- Chun-Wang
- Wanhuatong
Highlights of The Montmorillonite Desiccant Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Granularity Is 0.5-1.5mm
- Granularity Is 1-2mm
- Granularity Is 2-4mm
- Others
- By Application:
- Food Industry
- Pharmaceutical Industry
- Communications Industry
- Electronic
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Montmorillonite Desiccant Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Montmorillonite is a type of clay that can absorb water vapor and help to reduce humidity levels. It is often used as a desiccant in air conditioning systems, warehouses, and other places where moisture levels are high.
Some of the major companies in the montmorillonite desiccant market are Wise Sorbent, Protective Packaging, Dingxing, TOPCOD, Crecompany, CLARIANT, ASCEND GLOBAL, Chun-Wang, Wanhuatong.
The montmorillonite desiccant market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Montmorillonite Desiccant Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Montmorillonite Desiccant Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Montmorillonite Desiccant Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Montmorillonite Desiccant Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Montmorillonite Desiccant Market Size & Forecast, 2020-2028
4.5.1 Montmorillonite Desiccant Market Size and Y-o-Y Growth
4.5.2 Montmorillonite Desiccant Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Granularity Is 0.5-1.5mm
5.2.2 Granularity Is 1-2mm
5.2.3 Granularity Is 2-4mm
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food Industry
6.2.2 Pharmaceutical Industry
6.2.3 Communications Industry
6.2.4 Electronic
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Montmorillonite Desiccant Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Montmorillonite Desiccant Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Granularity Is 0.5-1.5mm
9.6.2 Granularity Is 1-2mm
9.6.3 Granularity Is 2-4mm
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food Industry
9.10.2 Pharmaceutical Industry
9.10.3 Communications Industry
9.10.4 Electronic
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Granularity Is 0.5-1.5mm
10.6.2 Granularity Is 1-2mm
10.6.3 Granularity Is 2-4mm
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food Industry
10.10.2 Pharmaceutical Industry
10.10.3 Communications Industry
10.10.4 Electronic
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Granularity Is 0.5-1.5mm
11.6.2 Granularity Is 1-2mm
11.6.3 Granularity Is 2-4mm
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food Industry
11.10.2 Pharmaceutical Industry
11.10.3 Communications Industry
11.10.4 Electronic
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Granularity Is 0.5-1.5mm
12.6.2 Granularity Is 1-2mm
12.6.3 Granularity Is 2-4mm
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food Industry
12.10.2 Pharmaceutical Industry
12.10.3 Communications Industry
12.10.4 Electronic
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Granularity Is 0.5-1.5mm
13.6.2 Granularity Is 1-2mm
13.6.3 Granularity Is 2-4mm
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food Industry
13.10.2 Pharmaceutical Industry
13.10.3 Communications Industry
13.10.4 Electronic
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Montmorillonite Desiccant Market: Competitive Dashboard
14.2 Global Montmorillonite Desiccant Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wise Sorbent
14.3.2 Protective Packaging
14.3.3 Dingxing
14.3.4 TOPCOD
14.3.5 Crecompany
14.3.6 CLARIANT
14.3.7 ASCEND GLOBAL
14.3.8 Chun-Wang
14.3.9 Wanhuatong
