Market Overview:
The global desiccant market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for desiccants from various end-use industries, such as aircraft equipment, cameras and film, delicate instruments, electronic devices, food packages, medical devices and pharmaceuticals. In addition, the growing awareness about the benefits of using desiccants is also contributing to the growth of this market. Silica gel is expected to be the largest type segment of the global desiccant market during 2018-2030. This can be attributed to its high absorption capacity and low price point compared with other types of desiccants.
Product Definition:
A desiccant is a substance that absorbs water or moisture from the air. Desiccants are used to protect items from mildew, corrosion, and other damage caused by excess moisture.
Silica Gel:
Desiccants are widely used in the packaging industry to maintain the desiccated state of solids and liquids. Silica gel is one such product which is extensively used as a drying agent. It has applications in various end-use industries including food & beverage, pharmaceuticals, chemicals, paints & coatings and textiles among others.
Silica gel exhibits superior properties such as adsorption capacity for water vapor at high temperatures (200°C), low moisture content.
Activated Charcoal:
Activated charcoal is a highly porous, adsorptive material with large surface area and amorphous structure. It has the ability to attract and hold gases, fumes, vapors and other harmful elements in its pore spaces. Activated charcoal is produced by heating raw carbon at a high temperature which causes the pores of the carbon matrix to open up thus increasing it's surface area.
Application Insights:
Aircraft equipment was the largest application segment in 2016 and is projected to witness a CAGR of XX% over the forecast period. The rising importance of desiccants in aircraft as they are exposed to extreme conditions such as high temperatures and humidity, is expected to drive demand over the coming years.
The electronics industry also exhibits significant growth prospects due to increasing demand for electronic devices across various end-use industries including consumer electronics, healthcare, automotive and aerospace among others. Desiccant-based products are used in several applications such as camera & film processing; pharmaceuticals; food packaging; medical devices & pharmaceuticals among others which propel market growth on a global level.
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 end-use industries such as electronic devices, medical devices and pharmaceuticals. Furthermore, increasing investments by multinational companies for manufacturing products in emerging economies of Asia Pacific are anticipated to drive regional growth over the forecast period.
The Latin American market is also estimated to witness significant growth during the same period owing to rapid industrialization coupled with favorable government initiatives pertaining toward promoting foreign direct investment (FDI). In addition, growing environmental concerns have resulted in desiccant usage restrictions within several countries resulting into increased demand for air freight shipments which will further propel regional product consumption trends over the next eight years.
Europe was one of prominent consumers of desiccants due their large-scale production facilities along with high technological advancements across various industries that require specialized products such as aerospace & defense and food packaging sectors; especially within Germany, France and U.
Growth Factors:
- Increasing demand for packaged and processed food products is expected to drive the desiccant market growth over the forecast period.
- Rising awareness about food safety and hygiene is also anticipated to propel the demand for desiccants in packaging applications.
- Growing popularity of ready-to-eat meals, especially among urban consumers, is projected to boost the uptake of desiccants in food processing industry.
- Stringent regulations pertaining to product quality and shelf life are likely to create new opportunities for desiccant manufacturers in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Desiccant Market Research Report
By Type
Silica Gel, Activated Charcoal, Calcium Sulfate, Calcium Chloride, Molecular Sieves
By Application
Aircraft Equipment, Cameras and Film, Delicate Instruments, Electronic Devices, Food Packages, Medical Devices and Pharmaceuticals
By Companies
Atlas Copco, Ingersoll Rand, Parker Hannifin, SPX Flow, Sullair, Quincy, Gardner Denver, Kaeser, Star Compare, Rotorcomp, BEKO Technologies, Risheng, Zeks, Aircel
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
160
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Desiccant Market Report Segments:
The global Desiccant market is segmented on the basis of:
Types
Silica Gel, Activated Charcoal, Calcium Sulfate, Calcium Chloride, Molecular Sieves
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
Aircraft Equipment, Cameras and Film, Delicate Instruments, Electronic Devices, Food Packages, Medical Devices and Pharmaceuticals
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:
- Atlas Copco
- Ingersoll Rand
- Parker Hannifin
- SPX Flow
- Sullair
- Quincy
- Gardner Denver
- Kaeser
- Star Compare
- Rotorcomp
- BEKO Technologies
- Risheng
- Zeks
- Aircel
Highlights of The Desiccant Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Silica Gel
- Activated Charcoal
- Calcium Sulfate
- Calcium Chloride
- Molecular Sieves
- By Application:
- Aircraft Equipment
- Cameras and Film
- Delicate Instruments
- Electronic Devices
- Food Packages
- Medical Devices and Pharmaceuticals
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Desiccant 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
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A desiccant is a material that absorbs water vapor and releases it as dry air. Desiccants are used in packaging, agriculture, and chemical production to reduce the moisture content of materials.
Some of the major companies in the desiccant market are Atlas Copco, Ingersoll Rand, Parker Hannifin, SPX Flow, Sullair, Quincy, Gardner Denver, Kaeser, Star Compare, Rotorcomp, BEKO Technologies, Risheng, Zeks, Aircel.
The desiccant market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Desiccant Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Desiccant Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Desiccant Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Desiccant Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Desiccant Market Size & Forecast, 2018-2028
4.5.1 Desiccant Market Size and Y-o-Y Growth
4.5.2 Desiccant Market Absolute $ Opportunity
Chapter 5 Global Desiccant Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Desiccant Market Size Forecast by Type
5.2.1 Silica Gel
5.2.2 Activated Charcoal
5.2.3 Calcium Sulfate
5.2.4 Calcium Chloride
5.2.5 Molecular Sieves
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Desiccant Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Desiccant Market Size Forecast by Applications
6.2.1 Aircraft Equipment
6.2.2 Cameras and Film
6.2.3 Delicate Instruments
6.2.4 Electronic Devices
6.2.5 Food Packages
6.2.6 Medical Devices and Pharmaceuticals
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Desiccant Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Desiccant Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Desiccant Analysis and Forecast
9.1 Introduction
9.2 North America Desiccant Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Desiccant Market Size Forecast by Type
9.6.1 Silica Gel
9.6.2 Activated Charcoal
9.6.3 Calcium Sulfate
9.6.4 Calcium Chloride
9.6.5 Molecular Sieves
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Desiccant Market Size Forecast by Applications
9.10.1 Aircraft Equipment
9.10.2 Cameras and Film
9.10.3 Delicate Instruments
9.10.4 Electronic Devices
9.10.5 Food Packages
9.10.6 Medical Devices and Pharmaceuticals
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Desiccant Analysis and Forecast
10.1 Introduction
10.2 Europe Desiccant Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Desiccant Market Size Forecast by Type
10.6.1 Silica Gel
10.6.2 Activated Charcoal
10.6.3 Calcium Sulfate
10.6.4 Calcium Chloride
10.6.5 Molecular Sieves
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Desiccant Market Size Forecast by Applications
10.10.1 Aircraft Equipment
10.10.2 Cameras and Film
10.10.3 Delicate Instruments
10.10.4 Electronic Devices
10.10.5 Food Packages
10.10.6 Medical Devices and Pharmaceuticals
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Desiccant Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Desiccant Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Desiccant Market Size Forecast by Type
11.6.1 Silica Gel
11.6.2 Activated Charcoal
11.6.3 Calcium Sulfate
11.6.4 Calcium Chloride
11.6.5 Molecular Sieves
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Desiccant Market Size Forecast by Applications
11.10.1 Aircraft Equipment
11.10.2 Cameras and Film
11.10.3 Delicate Instruments
11.10.4 Electronic Devices
11.10.5 Food Packages
11.10.6 Medical Devices and Pharmaceuticals
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Desiccant Analysis and Forecast
12.1 Introduction
12.2 Latin America Desiccant Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Desiccant Market Size Forecast by Type
12.6.1 Silica Gel
12.6.2 Activated Charcoal
12.6.3 Calcium Sulfate
12.6.4 Calcium Chloride
12.6.5 Molecular Sieves
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Desiccant Market Size Forecast by Applications
12.10.1 Aircraft Equipment
12.10.2 Cameras and Film
12.10.3 Delicate Instruments
12.10.4 Electronic Devices
12.10.5 Food Packages
12.10.6 Medical Devices and Pharmaceuticals
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Desiccant Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Desiccant Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Desiccant Market Size Forecast by Type
13.6.1 Silica Gel
13.6.2 Activated Charcoal
13.6.3 Calcium Sulfate
13.6.4 Calcium Chloride
13.6.5 Molecular Sieves
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Desiccant Market Size Forecast by Applications
13.10.1 Aircraft Equipment
13.10.2 Cameras and Film
13.10.3 Delicate Instruments
13.10.4 Electronic Devices
13.10.5 Food Packages
13.10.6 Medical Devices and Pharmaceuticals
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Desiccant Market: Competitive Dashboard
14.2 Global Desiccant Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Atlas Copco
14.3.2 Ingersoll Rand
14.3.3 Parker Hannifin
14.3.4 SPX Flow
14.3.5 Sullair
14.3.6 Quincy
14.3.7 Gardner Denver
14.3.8 Kaeser
14.3.9 Star Compare
14.3.10 Rotorcomp
14.3.11 BEKO Technologies
14.3.12 Risheng
14.3.13 Zeks
14.3.14 Aircel
