Key Findings
The global pharmaceutical desiccant market is predicted to rise at a CAGR of 4.48% during the forecast period of 2019-2027. The global market growth is primarily elevating owing to the increasing elderly population, booming pharmaceutical industry, rising demand for intelligent packaging coupled with various government initiatives to ensure the quality of drugs.

Market Insights
The global pharmaceutical desiccants market is classified into types and end-use. The types market is further sub-divided into molecular sieves, activated alumina, silica gel, carbonclay desiccant, and other types. On the other hand, the end-use segment includes APIs, tablets, capsules, diagnostic kit, and nutraceutical product packaging. Good mechanical strength, better protection from moisture, excellent heat stability are some of the benefits that aid the tablets segment to grow at a significant pace in the end-use market.

Regional Insights
The global pharmaceutical desiccants market covers regions like the Asia Pacific, Europe, North America, and the Rest of the World that includes remaining countries. The North America pharmaceutical desiccant market is expected to hold the largest share by the end of the forecast period on account of the favorable government policies, increasing R&D expenditure, and expanding manufacturing base.

Competitive Insights
The global pharmaceutical desiccants market have the presence of many chief players, namely Rotor Source Inc., Proflute AB, Desiccare Inc., E. I. du Pont de Nemours and Company, Sanner GmbH, Oker-Chemie GmbH, Tropack GmbH Trockenmittel, Clariant Global, Munters AB, Capitol Scientific Inc., Sorbead India, Multisorb Technologies, CSP Technologies Inc., and W. R. Grace & Co.