Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Desiccant Wheel Market by Type (Silica Gel, Molecular Sieve, Other), By Application (Pharmaceutical, Food Industries, Chemical Industry, Electronics, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Desiccant Wheel Market by Type (Silica Gel, Molecular Sieve, Other), By Application (Pharmaceutical, Food Industries, Chemical Industry, Electronics, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 142830 3300 Chemical & Material 377 243 Pages 5 (47)
                                          

Market Overview:


The global desiccant wheel market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for desiccant wheels from various end-use industries, such as pharmaceuticals, food industries, chemical industry, electronics and others. In addition, the growing awareness about energy conservation is also propelling the growth of this market. On the basis of type, silica gel accounted for a major share of the global desiccant wheel market in 2017. This can be attributed to its high absorption capacity and low price as compared to other types of desiccants available in the market. Molecular sieve is another key type that is expected to witness high growth during the forecast period owing to its ability to adsorb moisture at very low temperatures (-100°C). Based on application, pharmaceuticals was one of the leading applications segments for desiccant wheels in 2017 and is projected register highest CAGR during 2018-2030 owing rising demand from emerging economies across Asia Pacific region including China and India . Food industry was another key application segment for desiccant wheels in 2017 and it too registered healthy CAGR over next 10 years on account surging demand particularly across Europe region .


Global Desiccant Wheel Industry Outlook


Product Definition:


A desiccant wheel is a device that uses a wheel-shaped rotor to adsorb water vapor from the air. The rotor is usually made of silica gel, molecular sieve, or activated alumina.


Silica Gel:


Desiccant wheel is a device used to remove the moisture from the air. It works by absorbing water vapor through a membrane system of silica gel and then releasing it into the atmosphere. Silica Gel is also known as Silicon Carbide or sometimes found in nature as quartz. Silica gel has different forms which include precipitated, micro-crystalline and amorphous types depending on its usage in various applications like pharmaceuticals, food & beverages processing industries among others.


Molecular Sieve:


Molecular sieve is a material with very small pore size. It can adsorb molecules up to 9,192 Da. Molecular sieves are used in desiccant wheels for the adsorption of water vapor from the air as well as other gases including nitrogen and oxygen.


Application Insights:


The electronics industry is anticipated to emerge as a prominent segment over the forecast period owing to increasing demand for desiccant wheel from various electronic devices. The pharmaceutical industry also holds promising growth opportunities for these products, particularly during the production of drugs and vaccines. In addition, food industries are expected to witness significant growth on account of rising demand for refrigerated trucks and containers across the globe.


The chemical industry is projected to exhibit steady growth over the next eight years due largelyto growing investments in R&D activities pertainingto new materials & technologies with applications in various end-use industries such as automotive & transportation, energy storage/power generation and aerospace & defense among others.


Regional Analysis:


Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from various end-use industries such as pharmaceutical, food industries, chemicals and electronics. China is one of the major producers and consumers of desiccants globally owing to presence of large number chemical manufacturing companies located in this country.


The Middle East & Africa region is anticipated to witness significant growth over the forecast period owing to rapid expansion plans by various multinational companies especially from Europe and North America for setting up their production facilities in UAE, Saudi Arabia, Egypt etc., which will boost product demand across several applications.


Growth Factors:


  • Increasing demand for energy-efficient and environment-friendly cooling systems
  • Growing awareness about the benefits of desiccant wheel technology over traditional air conditioning systems
  • Rising investments in infrastructure and construction projects worldwide
  • Proliferation of data centers and other commercial establishments that require reliable cooling solutions
  • Technological advancements that have led to the development of more efficient desiccant wheel products

Scope Of The Report

Report Attributes

Report Details

Report Title

Desiccant Wheel Market Research Report

By Type

Silica Gel, Molecular Sieve, Other

By Application

Pharmaceutical, Food Industries, Chemical Industry, Electronics, Other

By Companies

Seibu Giken, Proflute, Trane, FläktGroup SEMCO, Airxchange, NovelAire, NICHIAS Corporation, Rotor Source, DRI, Puressci

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

243

Number of Tables & Figures

171

Customization Available

Yes, the report can be customized as per your need.


Global Desiccant Wheel Market Report Segments:

The global Desiccant Wheel market is segmented on the basis of:

Types

Silica Gel, Molecular Sieve, Other

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Pharmaceutical, Food Industries, Chemical Industry, Electronics, Other

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Seibu Giken
  2. Proflute
  3. Trane
  4. FläktGroup SEMCO
  5. Airxchange
  6. NovelAire
  7. NICHIAS Corporation
  8. Rotor Source
  9. DRI
  10. Puressci

Global Desiccant Wheel Market Overview


Highlights of The Desiccant Wheel Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Silica Gel
    2. Molecular Sieve
    3. Other
  1. By Application:

    1. Pharmaceutical
    2. Food Industries
    3. Chemical Industry
    4. Electronics
    5. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Desiccant Wheel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Desiccant Wheel Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


A desiccant wheel is a device that uses the principles of evaporation and condensation to remove moisture from air. The wheel has a series of small, circular openings that allow air to flow in and out. The moisture in the air is drawn out through the openings, where it can be condensed into water droplets or vapor.

Some of the major players in the desiccant wheel market are Seibu Giken, Proflute, Trane, FlƒÂ¤ktGroup SEMCO, Airxchange, NovelAire, NICHIAS Corporation, Rotor Source, DRI, Puressci.

The desiccant wheel market is expected to register a CAGR of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Desiccant Wheel Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Desiccant Wheel Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Desiccant Wheel Market - Supply Chain
   4.5. Global Desiccant Wheel Market Forecast
      4.5.1. Desiccant Wheel Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Desiccant Wheel Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Desiccant Wheel Market Absolute $ Opportunity

5. Global Desiccant Wheel Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Desiccant Wheel Market Size and Volume Forecast by Type
      5.3.1. Silica Gel
      5.3.2. Molecular Sieve
      5.3.3. Other
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Desiccant Wheel Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Desiccant Wheel Market Size and Volume Forecast by Application
      6.3.1. Pharmaceutical
      6.3.2. Food Industries
      6.3.3. Chemical Industry
      6.3.4. Electronics
      6.3.5. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Desiccant Wheel Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Desiccant Wheel Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Desiccant Wheel Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Desiccant Wheel Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Desiccant Wheel Demand Share Forecast, 2019-2026

9. North America Desiccant Wheel Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Desiccant Wheel Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Desiccant Wheel Market Size and Volume Forecast by Application
      9.4.1. Pharmaceutical
      9.4.2. Food Industries
      9.4.3. Chemical Industry
      9.4.4. Electronics
      9.4.5. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Desiccant Wheel Market Size and Volume Forecast by Type
      9.7.1. Silica Gel
      9.7.2. Molecular Sieve
      9.7.3. Other
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Desiccant Wheel Demand Share Forecast, 2019-2026

10. Latin America Desiccant Wheel Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Desiccant Wheel Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Desiccant Wheel Market Size and Volume Forecast by Application
      10.4.1. Pharmaceutical
      10.4.2. Food Industries
      10.4.3. Chemical Industry
      10.4.4. Electronics
      10.4.5. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Desiccant Wheel Market Size and Volume Forecast by Type
      10.7.1. Silica Gel
      10.7.2. Molecular Sieve
      10.7.3. Other
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Desiccant Wheel Demand Share Forecast, 2019-2026

11. Europe Desiccant Wheel Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Desiccant Wheel Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Desiccant Wheel Market Size and Volume Forecast by Application
      11.4.1. Pharmaceutical
      11.4.2. Food Industries
      11.4.3. Chemical Industry
      11.4.4. Electronics
      11.4.5. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Desiccant Wheel Market Size and Volume Forecast by Type
      11.7.1. Silica Gel
      11.7.2. Molecular Sieve
      11.7.3. Other
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-oY Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Desiccant Wheel Demand Share, 2019-2026

12. Asia Pacific Desiccant Wheel Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Desiccant Wheel Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Desiccant Wheel Market Size and Volume Forecast by Application
      12.4.1. Pharmaceutical
      12.4.2. Food Industries
      12.4.3. Chemical Industry
      12.4.4. Electronics
      12.4.5. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Desiccant Wheel Market Size and Volume Forecast by Type
      12.7.1. Silica Gel
      12.7.2. Molecular Sieve
      12.7.3. Other
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Desiccant Wheel Demand Share, 2019-2026

13. Middle East & Africa Desiccant Wheel Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Desiccant Wheel Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Desiccant Wheel Market Size and Volume Forecast by Application
      13.4.1. Pharmaceutical
      13.4.2. Food Industries
      13.4.3. Chemical Industry
      13.4.4. Electronics
      13.4.5. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Desiccant Wheel Market Size and Volume Forecast by Type
      13.7.1. Silica Gel
      13.7.2. Molecular Sieve
      13.7.3. Other
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Desiccant Wheel Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Desiccant Wheel Market: Market Share Analysis
   14.2. Desiccant Wheel Distributors and Customers
   14.3. Desiccant Wheel Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Seibu Giken
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Proflute
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Trane
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. FläktGroup SEMCO
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Airxchange
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. NovelAire
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. NICHIAS Corporation
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Rotor Source
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. DRI
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Puressci
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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