Dehydrating Agent Market Size, Industry Analysis Report By Product Type (Sulfuric Acid, Concentrated Phosphoric Acid, Hot Alumina, Thermal Ceramics, Ethanol) By Application Type (Industrial, Medical) & Region – Forecasts
- PUBLISHED ON
- 2024-10-03
- NO OF PAGES
- 219
- CATEGORY
- Chemicals & Materials
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.
Global Dehydrating Agent Market – Overview
It is estimated for the global dehydrating agent market to view a spectacular growth rate during the forecast period of 2022 to 2030. The market witnessed a healthy growth rate even during the previous forecast period of 2018 to 2021.
Growing use of the dehydrating agents in the segment of medicine is driving the growth of the market during the forecast period. The positive impact of the industry was even witnessed during the previous forecast period of 2018 to 2021.
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.
Global Dehydrating Agent Market – Key Trends
Growing industrialization to boost the market for dehydrating agents
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.
Growth in the demand for medicines is also boosting the growth for the market
Growing use of the dehydrating agents in the segment of medicine is driving the growth of the market during the forecast period. The positive impact of the industry was even witnessed during the previous forecast period of 2018 to 2021.
Global Dehydrating Agent Market – Segmental Assessment
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.
Global Dehydrating Agent Market – Geographical Landscape
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).
Global Dehydrating Agent Market – Competitive Landscape
The major players that are driving the growth of the market include, Johnson Fine Chemical, INEOS, Shalibhadra Dyechem, Sunoco, Biocommodities, Royal Dutch Shell, SNF Group, Sanfengchem and BASF and many more.
Report Scope
Global Dehydrating Agent Market: Historical years (2018 to 2021)
Global Dehydrating Agent Market: Forecast years (2022 to 2030)
Key Segments Reported
By Product Type (Sulfuric Acid, Concentrated Phosphoric Acid, Hot Alumina, Thermal Ceramics, Ethanol and Others)
By Application Type (Industrial, Medical and Others)
Major regions and countries covered
• Asia Pacific
• Europe
• Rest of the World (ROW)
The major players that are driving the growth of the market include, Johnson Fine Chemical, INEOS, Shalibhadra Dyechem, Sunoco, Biocommodities, Royal Dutch Shell, SNF Group, Sanfengchem and BASF and many more.
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Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
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The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
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Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
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