Global Desiccant Dehumidifiers Market to Reach US$635.6 Million by the Year 2026
Amid the COVID-19 crisis, the global market for Desiccant Dehumidifiers estimated at US$548.6 Million in the year 2022, is projected to reach a revised size of US$635.6 Million by 2026, growing at a CAGR of 3.5% over the analysis period.
Desiccant dehumidifiers rely on specific desiccant materials like Zeolite for absorbing water vapor or moisture. As the process do not generate water, these units present an effective option to maintain humidity levels at sub-zero temperature settings. Desiccant dehumidifiers are used in various applications in areas such as food & beverage industry, medical centers, commercial buildings, hotels, manufacturing facilities and others.
Growth in the global market is set to be driven by rising uptake of desiccant dehumidifiers as a result of rapid industrialization, technological advances and implementation of stringent standards to promote energy savings and mitigate climate change. The market is gaining traction owing to increasing uptake of these units across diverse settings to ensure occupant health and comfort. Factors such as rapid urbanization, increasing disposable income and changing environmental conditions are providing a perfect scenario for overall expansion of the desiccant dehumidifier market. These units are finding rising adoption in industrial applications requiring optimal humidity and temperature levels.
The U.S. Market is Estimated at $157.3 Million in 2022, While China is Forecast to Reach $78.2 Million by 2026
The Desiccant Dehumidifiers market in the U.S. is estimated at US$157.3 Million in the year 2022. The country currently accounts for a 28.75% share in the global market. China, the world's second largest economy, is forecast to reach an estimated market size of US$78.2 Million in the year 2026 trailing a CAGR of 5% through the analysis period.
The market is receiving a strong growth stimulus from increasing attention of companies on technological advances. These efforts are leading to influx of better products that score high in terms of dehumidification performance and energy efficiency. Several players serving the market are developing smart energy-efficient units that leverage emerging technologies for diverse functions like accurate calculation of humidity levels.
These units are designed to work automatically to ensure consistent operations while achieving energy savings. In addition, various companies are betting on cloud-based approaches to ensure connectivity of desiccant dehumidifiers with mobile devices like laptops, smartphones and tablets. These units are garnering considerable attention among residential and industrial customers.
The desiccant dehumidifier market is also gaining from increasing uptake of portable dehumidifiers across commercial and residential spaces. Some of the interesting advances targeting sustainability include liquid, solar-powered desiccant dehumidifiers intended to support energy conservation and environmental efforts. The technological advancements evolving over the years are presenting considerable growth opportunities for the desiccant dehumidifiers market.
Select Competitors (Total 72 Featured):
Bry-Air, Inc.
Condair Group
Cotes
DehuTech AB
Desiccant Technologies Group
EIP Ltd Group
Fisen Corporation
MuntersPvt. Ltd.
Seibu Giken DST AB
STULZ Air Technology Systems, Inc.
Trotec GmbH
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Rising Awareness About Ambient Air Quality Underpins Sales Growth
Desiccant Dehumidification: Reigning the Industrial Dehumidification Space
Desiccant Dehumidifiers Find Importance in Food Processing & Packaging Operations
Food & Beverage Industry: COVID-19 Pandemic Brings Challenges in the Form of Supply Chain Disruptions
COVID-19 Induced Growth in Packaged Foods Brings Cheer to Desiccant Dehumidifiers in the Food & Beverage Industry
Detrimental Implications of Moisture Content for Construction Materials Fuel Need for Dehumidifiers
Increasing Construction Activities Worldwide & Rapid Changes in Climatic Conditions: Vital Market Drivers
Need for Relative Humidity Control in Clean Rooms Enhance Importance of Desiccant Dehumidifiers
Semiconductor Sector Severely Impacted by COVID-19 Outbreak
Pharmaceutical Manufacturing Requires Controlled Environment, Enhancing Importance of Desiccant Dehumidifiers
Pandemic-Induced Changes Affect Pharmaceuticals Industry Operations
Desiccant Dehumidification Gives Respite to Surgeons in Operating Rooms
Rapid Growth of Lithium Battery Production: Opportunity for the Market
Growing Li-ion Battery Production Translates into Opportunities for Desiccant Dehumidifiers Market
Power Industry: Threat of Humidity-Related Corrosion to Parts & Equipment Augurs Well for Desiccant Dehumidifiers Market
Pandemic Impacts Energy Sector, Affecting Market Growth
Rise in Pollution-Related Respiratory Diseases Drives Adoption of Desiccant Dehumidifiers in Commercial Sector
Residential Market for Desiccant Dehumidifiers: A Small But Growing Segment
Liquid Desiccant Dehumidification Edges out Air Conditioning with Intriguing Merits
Primary Merits of Liquid Desiccant Dehumidifiers
Liquid Desiccant Materials Garner Increasing Attention from Researcher Community
Technological Advancements to Fuel Industrial Desiccant Dehumidifiers Market
Advanced Desiccant Dehumidifiers: Taking Moisture Control to Next Level
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