According to the Univdatos Market Insights analysis, rising product penetration in different application sectors and increasing effective research & development of cancer treatment using mesoporous silica across the globe will drive the scenario of the mesoporous silica market. As per their “Mesoporous Silica Market” report, the global market was valued at ~USD 210 million in 2023, growing at a CAGR of about 10.2% during the forecast period from 2024-2032.
The North American mesoporous silica market is rapidly growing due to its applications in pharmaceutical and biotechnology such as in drug delivery systems and nanoparticles formula. There is growth in the use in catalysis and sensing and growth in the electronics industry where it is embraced as a feature of nanotechnology. Mesoporous silica has also attracted interest in environmental clean-up and management and green chemistry activities due to increased standards of environmental protection all over the globe. The expansion of the healthcare sector further fuels investment in innovative materials. The mesoporous silica market in North America has been experiencing notable growth due to several applications:
· Drug Delivery Systems: Mesoporous silica materials are also being utilized more frequently especially in drug delivery applications since they possess a large surface area and adjustable pore size that allows a good loading capacity and controlled drug release.
· Nanoparticle Formulations: These materials are also used in defining nanoparticles which seem to trend in developing targeted therapy.
· Research and Development: Ongoing research in material science is contributing to new uses of mesoporous silica especially in catalysis applications, adsorbents, and sensing materials.
· Customized Properties: Flexible characteristics of mesoporous silica and the possibility to design it for specific use are the factors that contribute to the advanced application of materials in various fields.
· Nanotechnology: Mesoporous silica has applications in electronics in the development of nanocomposites and in sensory technology hence helping to boost its market.
· Catalysts and Adsorbents: Applications related to environmental uses such as pollutant adsorption in the remediation and catalyst uses in green chemistry due to increasing environmental standards.
· Sustainability: Research in mesoporous silica is exploring its bio-based applications and developing environmentally friendly synthesis techniques due to a shift towards sustainable practices.
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For instance, in September 2024, Sigrid Therapeutics signed a strategic partnership with GetHealthy.store the leading US provider of practice-focused e-commerce solutions for healthcare and nutritional products. The partnership aims to meet the growing demand for Sigrid’s Glucose Stabiliser which offers a game-changing non-pharmaceutical solution to sustained blood sugar management. Since its initial trial launch in Florida earlier this year, Glucose Stabiliser is already loved by 1000s of customers, with users reporting reduced bloating, increased energy levels, and other significant health benefits – with no reduction in muscle mass. This follows similar success in the Nordics and the UK. Glucose Stabiliser capsules work by using Sigrid’s patented SiPore silica to slow down carbohydrate digestion. Silica is a natural GRAS-certified material. Taken orally pre-meal Glucose Stabiliser thus provides an effective non-pharmaceutical defense against glucose spikes.
The North American mesoporous silica market is expected to maintain constant growth over the following years through specific technology enhancement, higher demand in multiple industries, and eco-friendly projects. Market players are likely to reap from these trends by making strategic investments and also through innovation in the product aspect.
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