It is estimated for the global dehydrating agent market to witness growth at a healthy CAGR during the forecast period of 2022 to 2030. The growing use of dehydrating agents in the segment of medicine is driving the growth of the market during the forecast period.
A dehydrating agent is a substance that dries or removes water from a material. In chemical reactions where dehydration occurs, the reacting molecule loses a molecule of water. Sulfuric acid, concentrated phosphoric acid, hot aluminum oxide, and hot ceramic are common dehydrating agents in these types of chemical reactions.
The increasing demand for dehydrating agents in various industries is estimated to foster growth in the market. The growing industrialization is boosting the growing need for the market and thus is boosting the market at a healthy CAGR. This trend is estimated to continue throughout the forecast period.
Key Trends:
There exist different types of drying agents that come up with different forms, sizes and grades tailor-made according to fulfil the unmet needs in the commercial market.
By keeping their product intact from moisture and keeping the environment desirable for the products during transportation and shipping activities dehydrating agents play a pivotal role in industries such as food beverages and pharmacy during the forecast period.
Construction, chemical processing and consumer goods are the industries where the dehydrating agents play a major role in the growth of the market. The trend is estimated to continue throughout the forecast period.
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Segmental Analysis of the Market
By Product Type
- Sulfuric Acid
- Concentrated Phosphoric Acid
- Hot Alumina
- Thermal Ceramics
- Ethanol
- Others
It is estimated for the hot alumina category to lead the growth of the market during the forecast period of 2022 to 2030.
By Application Type
- Industrial
- Medical
- Others
It is estimated for the medical category to lead the growth of the market during the forecast period of 2022 to 2030.
North America to lead the growth in the market during the forecast period
During the forecast period it is estimated for the region of North America to witness the growth of the market. The rise in the industries in the region is estimated to bring growth for the dehydrating agent market during the forecast period of 2022 to 2030. The other regions for the dehydrating agent market include Asia Pacific and Rest of the World (ROW).
Competitive Landscape
Some of the prominent companies operating in the market are
- Johnson Fine Chemical
- INEOS
- Shalibhadra Dyechem
- Sunoco
- Biocommodities
- Royal Dutch Shell
- SNF Group
- Sanfengchem
- BASF
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Major Questions Answered In This Report:
- What is the growth rate of the global dehydrating agent market?
- What are the primary growth determinants of the market?
- Which are the major regions constituting the geographical landscape of the market?
- Which are the prominent companies operating in the market?
Key Takeaways From The Report:
- A dehydrating agent is a substance that dries or removes water from a material. In chemical reactions where dehydration occurs, the reacting molecule loses a molecule of water. Sulfuric acid, concentrated phosphoric acid, hot aluminum oxide, and hot ceramic are common dehydrating agents in these types of chemical reactions.
- The increasing demand for the dehydrating agents in various industries is estimated to foster the growth for the market. The growing industrialization is boosting the growing need for the market and thus is boosting the market at a healthy CAGR. This trend is estimated to continue throughout the forecast period.
- By keeping their product intact from the moisture and keeping the environment desirable for the products during transportation and shipping activities dehydrating agents play pivotal role in industries such as food beverages and pharmacy during the forecast period.
- Construction, chemical processing and consumer goods are the industries where the dehydrating agents play a major role in the growth of the market. The trend is estimated to continue throughout the forecast period.
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