CHICAGO, Aug. 29, 2024 /PRNewswire/ -- The desiccant dehumidifier market is projected to grow from USD 605.5 million in 2024 and is expected to reach USD 811.0 million by 2029, growing at a CAGR of 6.0% from 2024 to 2029 according to a new report by MarketsandMarkets. Growing construction activities is one of the significant driver of the desiccant dehumidifier market, especially in residential and commercial sectors, due to greater requirements for maintaining ideal indoor air quality and comfort. Most of the modern-day buildings are designed energy-efficient and hence airtight to avoid heat loss. However, this also means that moisture levels can quickly become problematic, which can lead to a few issues like mold growth, condensation, and poor air quality, desiccant dehumidifiers can ensure a healthy indoor environment by effectively controlling the level of humidity within such spaces.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=2593005
Browse in-depth TOC on "Desiccant Dehumidifier Market"
165 - Tables
57 - Figures
238 - Pages
Desiccant Dehumidifier Market Report Scope:
Report Coverage | Details |
Market Revenue in 2024 | $ 605.5 million |
Estimated Value by 2029 | $ 811.0 million |
Growth Rate | Poised to grow at a CAGR of 6.0% |
Market Size Available for | 2020-2029 |
Forecast Period | 2024-2029 |
Forecast Units | Value (USD Million/Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | By Method, Product, Use Case, and Region |
Geographies Covered | North America, Europe, Asia Pacific, and Rest of World |
Key Market Challenge | Environmental concerns |
Key Market Opportunities | Mounting adoption of desiccant dehumidifiers in drug manufacturing facilities |
Key Market Drivers | Growing demand for dehumidification systems in industrial and commercial sectors |
The EV battery manufacturing segment is expected to witness highest growth rate during the forecast period.
Lithium-ion batteries used for the production of EVs are very susceptible to moisture. Components, such as electrolytes and anode materials, react with moisture and may reduce battery performance, leading to its shortening of life or even safety problems. Desiccant dehumidifiers maintain ultra-low humidity levels, normally below 1% RH, in the production environment to make sure that all materials are kept dry and contaminant-free. In general, EV battery assembly is always located inside dedicated dry rooms, in which humidity level is highly controlled to avoid moisture ingress. Desiccant dehumidifiers are particularly adapted to such applications due to their ability to reach and maintain such very low levels of humidity demanded by safe and efficient battery assembly.
Industrial end user segment is expected to largest market share in the desiccant dehumidifier market during the forecast period.
Desiccant dehumidification creates a controlled humidity environment that is essential for the industrial sectors of pharmaceuticals, food and beverages, electronics, and chemicals, among others. Dehumidifiers with desiccants are applied in these industries as typical tools to maintain low humidity levels, important for product quality assurance, moisture leakage, or even safety matters. Besides preservation in museums and archives, the implementation of desiccant dehumidifiers is concerned with the protection of products or raw materials from many industry branches dealing with hygroscopic materials-those materials that change volume by absorbing moisture from the air.
Food and pharmaceutical segment are expected to hold second largest market share in the desiccant dehumidifier market during the forecast period.
The food industry relies on controlled humidity environments to prevent microbial growth, mold, and spoilage during processing and storage. For example, moisture sensitivity is very high in dry food products, powdered ingredients, and confectioneries so that their quality is to be guaranteed; therefore, low humidity is essential. Moreover, both food and pharma industries are strictly regulated to prevent any threat to product safety and quality. The FDA guidelines for Pharmaceuticals and food safety standards like HACCP demand strict control over environmental conditions, including levels of humidity. Hence, control of environmental conditions is very critical in the facilitation of prevention of contamination, spoilage, and degradation of products. This makes desiccant dehumidifiers important in maintaining low levels of humidity in the required environments.
Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=2593005
North America is expected to largest market share in the desiccant dehumidifier market during the forecast period.
North America has witnessed significant growth in the desiccant dehumidifier industry and is one of the most significant regions with respect to adopting dehumidifiers. The US and Canada are among the major markets for dehumidifiers due to the presence of large-scale food & beverage, electronics & semiconductor, and hospitality industries. Majorly the US has a well-developed industry with manufacturing, food processing, and the pharmaceutical and electronic industries. All these industries need controlled levels of humidity for the protection or creation of their products. Desiccant dehumidifiers contribute greatly to such settings by efficiently controlling moisture, especially where low humidity is required.
Key Players
Leading players in the desiccant dehumidifier companies include Bry-Air (India), Munters (Sweden), Condair Group (Switzerland), Cotes (Denmark), Seibu Giken DST (sweden), Trotec Laser GmbH. (Austria), DehuTech AB (Sweden), Fisen Corporation (US), KAESER KOMPRESSOREN (Germany), and Atlas Copco AB (Sweden). PARKER HANNIFIN CORP (US), Airwatergreen (Sweden), Sunpentown Inc. (California), SPX FLOW (US), Quincy Compressor (US), Desiccant Technologies Group (Vilnius), Fisair (Spain), Shanghai Rotorcomp Screw Compressor Co., Ltd. (China), ZEKS Compressed Air Solutions (US), Sullair, LLC (US), NiGen International L.L.C. (US), Innovative Air Technologies. (US), STULZ Air Technology Systems, Inc. (US), Dantherm Group A/S (Denmark), De' Longhi Appliances S.r.l. (Italy), Meaco (UK), PT Denusa Sejahtera (Indonesia), Therma-Stor (US), HuTek(Asia) Company Ltd. (Thailand), Andrews Sykes Group (UK), Ebac Industrial Products Ltd (US), Ecor Pro (Netherlands), Trane Technologies plc (US), FläktGroup (US), NovelAire Technologies LLC (US), and Humiscope (Australia) are few other key companies operating in the desiccant dehumidifier market.
Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=2593005
Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting
Related Reports:
HVAC System Market by Cooling (Unitary Air Conditioner, VRF), Heating (Heat Pump, Furnace), Ventilation (AHU, Air Filter), Service Type (Installation, Maintenance & Repair), Implementation Type (New Construction, Retrofit) - Global Forecast to 2029
Thermal Systems Market by Application (Front & Rear A/C, Powertrain, Seat, Steering, Battery, Motor, Power Electronics, Waste Heat Recovery, Sensor), Technology, Components, Vehicle (ICE, Electric, Off-Vehicle & ATV) and Region - Global Forecast to 2027
Smart Sensors Market by Type (Temperature & Humidity Sensor, Pressure Sensor, Motion & Occupancy Sensor), Technology (CMOS, MEMS), Component (Microcontrollers, Amplifiers, Transceivers), End-User Industry and Region - Global Forecast to 2029
Occupancy Sensor Market with COVID-19 Impact Analysis by Technology (PIR, Ultrasonic, Dual), Network Connectivity (Wired & Wireless), Coverage Area, Application, Building Type (Residential, Commercial) and Geography - Global Forecast to 2025
Industrial Refrigeration Market by Component (Compressor, Condenser, Evaporator), Application (Fruit & Vegetable Processing, Refrigerated Warehouse), Refrigerant Type, and Region
About MarketsandMarkets
MarketsandMarkets has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Rohan Salgarkar
MarketsandMarkets INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Web Site: https://www.marketsandmarkets.com/
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/desiccant-dehumidifier-market.asp
Content Source: https://www.marketsandmarkets.com/PressReleases/desiccant-dehumidifier.asp
Logo: https://mma.prnewswire.com/media/1951202/4609423/MarketsandMarkets.jpg
View original content:https://www.prnewswire.co.uk/news-releases/desiccant-dehumidifier-market-worth-811-0-million-by-2029---exclusive-report-by-marketsandmarkets-302233836.html
