According to a market research report, the “Hygroscopic Building Material Market by Adsorption Process, End Use, Type (Inorganic Minerals, Inorganic Salts, Natural Materials, Molecular Sieve, Silica/Silicon Dioxide), Application (Building Material, Structural) and Region – Global Forecast to 2027“, The global hygroscopic building material market size is projected to grow from USD 818 million in 2022 to USD 1,120 million by 2027, at a CAGR of 6.5% between 2022 and 2027. Hygroscopic building materials can absorb and store moisture from the surrounding air. The process of absorbing or desorbing depends on the relative humidity (RH) difference in the vapor partial pressure of the air in the vicinity. The hygroscopic potential of a material depends on the available surface area/porosity and material nature. Hygroscopic materials are used in buildings to control the humidity indoors and maintain a habitable environment in residential, commercial, or industrial buildings.
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- 117 Market data Tables
- 45 Figures
- 164 Pages and in-depth TOC on “Hygroscopic Building Material Market – Global Forecast to 2027″
This report also provides a comprehensive analysis of the companies listed below:
The key players in this market are Porocel Corporation (US), W.R. Grace (US), Clariant (Switzerland), BASF SE (Germany), Arkema SA (France), Honeywell International (UK), Jalon Chemicals (China), Hengye Inc (US), Dessica Chemicals (India), and Fuji Silysia Chemical Ltd. (Japan).
Merger & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the Hygroscopic Building Material Market.
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Porocel Corporation (Evonik) was established in 1937 as a joint venture between Atlantic Richfield and Standard Oil of New Jersey. The company is one of the top manufacturers and marketers of hygroscopic materials. Porocel develops and manufactures activated alumina, specialty adsorbents like silica gel, and activated bauxite. The company offers its products for various applications in industries such as construction and chemical & petroleum processing. It serves its customers through five manufacturing sites and sales offices located in North America, Europe and Asia Pacific.
W.R. Grace is one of the global suppliers of specialty chemicals. The company operates through two major business segments: materials technologies and catalyst technologies. W.R. Grace offers hygroscopic building material under its materials technologies segment. This segment offers its products for general industrial purposes which can be further segmented into process adsorbents, static adsorbents, and colloidal silica in catalysts, investment casting binders, refractory additives and construction. The company offers various custom-designed catalysts and adsorbents for the construction industry. It exclusively offers various products for the building and construction industry to improve durability and visual appearance.
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