A Growing Number Of Biological Applications Are Expected To Fuel The Fastest Growth In The Global Mesoporous Silica Market

 

Global Mesoporous Silica Market

A subclass of amorphous silica with pore diameters ranging from 2 to 50 nm is called mesoporous silica. It has a large surface area and pore volume, and by changing the synthesis settings, its mechanical and chemical properties may be customized. Mesoporous silica's reactive surface and adjustable pore size make it a valuable catalyst support for the petrochemical and refining industries. It can also be used as an adsorbent to draw out offensive or hazardous gasses.In biomedical applications, mesoporous silica has emerged as a promising carrier and delivery system for drug molecules and biomolecules. It enables controlled and targeted drug delivery, increasing drug efficacy and reducing side effects.

The Global Mesoporous Silica Market is estimated to be valued at US$ 194.8 MN in 2024 and is expected to exhibit a CAGR of 10% over the forecast period 2024 to 2031.

Key Takeaways
Key players operating in the Global Mesoporous Silica Market Growth are Merck KGaA, American Elements, nanoComposix, Inc., Taiyo International, Mitsubishi Chemical Corporation, MKnano, W.R. Grace & Co., AGC Chemicals Americas, Glantreo Ltd., ACS Material LLC.

The demand for mesoporous silica is increasing from biomedical applications like drug delivery, bioimaging, tissue engineering, and biosensing. Its tunable pore structure and large surface area enables controlled release of bioactive molecules inside the body. The unique physiochemical properties also make it suitable for cancer therapy, gene delivery, and biocatalysis.

Technological advancements are expanding the potential of mesoporous silica. Researchers are developing novel methods for controlled synthesis of silica nanoparticles with uniform shapes and sizes. Genetic modifications are being used to functionalize the surface of mesoporous silica with targeting ligands for active cell binding. These developments are further enhancing the biomedical applications of mesoporous silica.

Market Trends

Smaller nanoparticles - The development of scalable methods for producing smaller mesoporous silica nanoparticles between 3-10 nm is gaining momentum. Their smaller size enables better cellular internalization and tissue penetration for biomedical uses.

Core-shell structures - Core-shell structures with mesoporous silica shells and magnetic or fluorescent cores are being increasing researched. They enable simultaneous targeted imaging and drug delivery capabilities.

Market Opportunities

Medical devices - Mesoporous silica shows potential for developing advanced medical devices like dental fillings, bone regeneration scaffolds, and implants through controlled release of antimicrobials or growth factors.

Tissue engineering - Its tunable porosity and large surface area can be leveraged to develop improved matrices for culturing tissues and organs through 3D bioprinting with living cells.

Impact of COVID-19 on Global Mesoporous Silica Market Growth
The COVID-19 pandemic has significantly impacted the growth of the global mesoporous silica market. During the initial outbreak, restrictions on travel and transportation led to disruptions in the supply chain. This impacted the availability of key raw materials for major players operating in the market. Additionally, lockdown measures imposed across various countries resulted in shutdowns or limited production at manufacturing facilities. As mesoporous silica finds application in various end-use industries like life sciences, chemical synthesis, healthcare and cosmetics, reduced demand from these sectors negatively impacted market revenues in 2020.

However, with vaccination drives gaining pace in 2021, economic activities started resuming gradually. This provided some boost to the market towards the end of 2021. The market is anticipated to witness steadier recovery post-2022 as supply chains stabilize and production capacities are scaled up. Meanwhile, the pandemic also brought opportunities for mesoporous silica in certain applications. Its use increased in pharmaceutical formulations and medical devices for COVID-19 treatments. There was also higher demand for mesoporous silica in analytical techniques and research related to virus detection and vaccine development. Overall, while short term growth was dampened, focus on healthcare is likely to drive long term opportunities.

Geographical Regions with Highest Demand for Mesoporous Silica Market
North America accounts for the largest share of the global mesoporous silica market in terms of value. This is attributed to strong presence of key players and end-use industries in the region. The United States represents the major country-level market with high adoption across various application segments. Growth is supported by technological innovations, rising R&D investments and increasing focus on nanomaterials in the region. Asia Pacific is considered as the fastest growing regional market for mesoporous silica. Rapid industrialization, low-cost manufacturing facilities and growth in healthcare sector are some factors driving the market in Asia Pacific countries like China and India.

The European market is another major revenue generator, powered by developed economies of Germany, United Kingdom and Nordic nations. Expanding nanotechnology research base and stringent regulations regarding product quality and safety provide lucrative opportunities to market players. Meanwhile, Latin America and Middle East & Africa also represent high potential growth markets, although these regions currently account for a comparatively smaller share on a global level. Growth prospects arise from increasing government focus on healthcare, water treatment and electronics industry development.
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