North America Pharmaceutical Desiccant Market Forecast 2017-2025
KEY FINDINGS The North America pharmaceutical desiccant market is projected to grow at a 4.36% CAGR, generating a revenue of $53890 thousand by the end of the forecast period of 2017- 2025.
MARKET INSIGHTS The North American region is currently leading the global markets for Pharmaceutical desiccant. The market is segmented on the basis of type and end-use. The market finds its application in major industries like pharmaceutical, oil and gas, petrochemical, etc. The pharmaceutical desiccant is required in pharmaceutical packaging to protect medicines from moisture and other impurities. The continuous rise in the aging population and the numerous initiatives undertaken by the government to ensure the quality of drugs are the major factors driving the market growth.
COMPETITIVE INSIGHTS Some of the noted players in the North American market are CSP Technologies Inc, Desiccare Inc., Capitol Scientific Inc, E. I. Du Pont De Nemours And Company, Multisorb Technologies, Grace & Co, and Rotor Source, W. R.