GCC Mesoporous Silica Market Expected to Grow at a CAGR of 10.50% during 2024-2032
Mesoporous Silica Market in GCC 2024: How Big is the GCC Mesoporous Silica Industry? The GCC mesoporous silica market size is projected to exhibit a growth rate (CAGR) of 10.50% during 2024-2032 . The market is growing due to rising demand in catalysts, drug delivery systems, and environmental applications. Market Statistics Base Year: 2023 Historical Years: 2018-2023 Forecast Years: 2024-2032 Market Growth Rate: 10.50% (2024-2032) GCC Mesoporous Silica Market Trends and Drivers: The GCC mesoporous silica market is growing due to increasing demand across various sectors, including pharmaceuticals, chemicals, and environmental applications. Mesoporous silica, valued for its large surface area, adjustable pore size, and high chemical stability, is widely utilized in drug delivery systems, catalysts, and adsorbents. The expanding pharmaceutical industry in the GCC, supported by government initiatives to enhance healthcare infrastructure and local manuf...