Mesoporous Silica Market Size Report, Share, Industry Analysis, Growth, 2030

Mesoporous Silica Industry Prospective:

The global mesoporous silica market size was worth around USD 190.87 Million in 2022 and is predicted to grow to around USD 330.24 Million by 2030 with a compound annual growth rate (CAGR) of roughly 7.09% between 2023 and 2030.

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The report analyzes the global mesoporous silica market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the mesoporous silica industry. 

Global Mesoporous Silica Market: Overview

Mesoporous silica materials have recently been introduced to be a useful material in nanoparticles for bio-based applications. The rare properties of mesoporous silica such as high surface area, pore structures, and unique pore size, have lately increased the growth and adoption of the product. As the population having chronic diseases in the world is increasing tremendously, the requirement for nanotechnology mesoporous silica in therapies, for instance, cancer therapy, immune therapy, and management of diabetes, among others is also increasing.

Therefore, growth in applications of nanotechnology in the pharmaceutical industry is the key growth factor due to their outstanding chemical properties, high stability framework, etc., Also, the delivery of proteins and enhanced stability can be achieved. Other than that, its use in the chemical industry as a catalyst for wastewater management and synthesis may fuel the market growth. Thus, the rapid development of nanotechnology may offer a revolutionary transition in the drug delivery system for protecting proteins and delivering them to the right places.

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Global Mesoporous Silica Market: Growth Factors

Prominent contributors to the global mesoporous silica market include the MCM series, drug delivery applications, and SBA series, among others. The MCM series, as per the surveys, made the highest revenue in the past years and is projected to accelerate the year-on-year revenue and in light of this, MCM-48 and MCM-41 are the most commonly used silica materials for drug delivery systems. Also, there has been a surplus use of mesoporous silica in absorption, catalysis, separations, etc., therefore, developing more applications.

New research is being made to understand the applications of mesoporous silica better. In one of many researches, there have been new advancements in gated materials of mesoporous silica for drug-controlled release. The research article by doi.org showcases that the gated nanoparticles provide selective delivery of antitumor drugs. The research is being made on inorganic gated materials, organic gated materials, and self-gated drug molecules, among others. The drug delivery applications are therefore anticipated to witness high revenue valuation shortly. Advancements and research in pharmaceuticals are emerging as primary contributors broadening the scope of the market.

The COVID-19 impact on the market was felt in many ways. The shutdown of factories, research facilities, production centers, etc., led the market to face huge losses. The mesoporous silica market, although, being used in the pharma sector faced losses as production centers were closed and also due to less supply of raw materials. Additionally, authorities such as the Environmental Protection Agency and other authorities are concerned over the negative impact of nanomaterials on the human body (if any). Therefore, such regulations in various regions can cause restrictions on the adoption of mesoporous silica.     

Global Mesoporous Silica Market: Report Scope

Global Mesoporous Silica Market: Segmentation

The global mesoporous silica market is divided into products, applications, regions, and end-user industries, among others.

Based on product outlook, the market can be segmented into MCM series, SBA series, and others. Also, the mesoporous silica market,

Based on applications, is divided into catalysts, drug delivery, and environmental protection, among others.

The end-user industries in the global mesoporous silica market include chemical industries, water treatment, pharmaceutical sector, among others.

Global Mesoporous Silica Market: Regional Analysis

The North American market is expected to hold a significant share of the global mesoporous silica market and is expected to contribute the highest revenue to the market during the forecast period. Rapidly increasing development in wastewater treatment due to the introduction of various initiatives by the government to avoid water wastage will drive regional market growth. Growth in nanotechnology utilization and growing environmental concerns are other factors enhancing the market growth.

The market in Europe is expected to have moderate growth as moving out of the UK from the European Union has impacted the market severely. However, rising demand from the pharmaceutical industry in Europe is one of the significant factors anticipated to raise revenue in the region. Also, increasing expenditure by government and non-profit organizations for wastewater treatment in China, India, and other Asian countries is a key growth prospect for its fast growth in Asia Pacific. Furthermore, inexpensive labor and less availability of manufacturing and research facilities will lead to slow growth in Central and South America.    

Global Mesoporous Silica Market: Competitive Players

The companies in the global mesoporous silica market are engaging with the research and development sector investing to bring innovations in the sector. Also, the major key players customize the product as per the end-user’s demand and design specifications. The market is divided according to the presence of customer base across the world and thus, companies are expanding their distribution circle according to it.

The major players in the global mesoporous silica market include

• Merck KGaA
• Taiyo International
• MKnano, Glantreo Ltd.
• ACS Material LLC
• Nanocomposix. Inc.
• Mitsubishi Chemical Corporation
• American Elements
• W.R. Grace and Co.
• AGC Chemicals Americas. Inc.
• Dow
• Wacker Chemie AG
• Kryton International. Inc.
• Akzo Nobel N.V.
• Norchem, Inc.
• Among others.

The global Mesoporous Silica Market is segmented as follows:

By Product 

• MCM Series
• SBA Series
• And Others

By Application 

• Catalysts
• Drug delivery
• Environmental Protection
• Among Others

By End-User Industry

• Chemical Industries
• Water Treatment
• Pharmaceutical Sector
• Among Others

Global Mesoporous Silica Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.