Global Montmorillonite Desiccant Market, 2014-2024: By Type (0.5-1.5mm Granularity, 1-2mm Granularity, 2-4mm Granularity, and Others), and By Application (Food, Pharmaceutical, Communications, Electronic, and Others)
|蒙脫石乾燥劑的全球市場(2014年∼2024年):各類型，各用途 Global Montmorillonite Desiccant Market, 2014-2024: By Type (0.5-1.5mm Granularity, 1-2mm Granularity, 2-4mm Granularity, and Others), and By Application (Food, Pharmaceutical, Communications, Electronic, and Others)|
|出版日期: 2020年08月01日||內容資訊: 英文||
Montmorillonite desiccant is a type of desiccant with high absorption capacity, high seal strength, low dust, non-corrosive, non-toxic, high safety and is environmentally friendly product. It is prepared from pure natural montmorillonite as raw material. Montmorillonite appears in with or of white, grey, buff, pink, purple etc. It is a natural non-metallic sedimentary or volcanic mineral. Its chemical formula is Al2O3*4SiO2*3H2O, theoretically, it consists of SiO2 (66.7%), Al2O3 (25.3%), and H2O (5%).
Montmorillonite desiccant can be classified based on particle size of desiccant into 0.5-1.5mm granularity, 1-2mm granularity, 2-4mm granularity, and others. It has wide area of end use industry applications included food industry, pharmaceutical industry, communications industry, electronic, and others. It is widely used in storage and transportation for machinery, electronic products, auto parts, large devices, etc. Montmorillonite is a natural source of minerals. It contain various minerals, including calcium, iron, magnesium, potassium, and manganese, as well as necessary trace elements. Montmorillonite desiccant natural ingredient often used in human health foods and sometimes also found in natural pet foods. Pet food manufacturers add anti-caking agents to their formulas, to adsorb excess moisture and help keep the food from clumping. Montmorillonite desiccant is used in the oil drilling industry as a component of drilling mud to make the mud slurry viscous which helps in keeping the drill bit cool and in removal of drilled solid. It is also used in chemical industrial for various application. It also has fund application in pharmaceutical sector for dermatology application.
The global montmorillonite desiccant research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global montmorillonite desiccant market is growing at a fast pace and increasing its geographical footprint rapidly. The global montmorillonite desiccant market is valued at US $ xxx million dollars in 2019 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2024 in value.
The growth is comparatively higher in APAC region due to rapid urbanization and industrialization. The major growth driver for montmorillonite desiccant market is growing demands for packing in consumer electronics and communication devices. Rising awareness in consumer about the benefits offered by it is expected to drive the market in the region. Also, wide adoption in pet food and rising skin problems leads to increase the demand of dermatologic medicine is expected to drive the montmorillonite desiccant market globally.
High initial setup cost of process unit is the major impediment to the global montmorillonite desiccant market growth.
Montmorillonite desiccant enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East, Africa, and South America. These regions serve large number of manufacturers and supplier and are hence responsible for the growth of montmorillonite desiccant market globally. The companies that lead global market are Wise Sorbent, Protective Packaging, Dingxing, TOPCOD, Crecompany, CLARIANT, ASCEND GLOBAL, Chun-Wang, and Wanhuatong.
The research process includes the market segmentation of the global montmorillonite desiccant market, identifying the growth determinants of every market segment and market forecasts. All the market forecasts are done in accordance with the inputs taken from the global montmorillonite desiccant market industry experts from across the global industry. Market Krystal conducts more than 40 interview hours dedicated for this study, the same are mentioned below: