Market Overview:
The Global Silica Gel Desiccant Wheels Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for silica gel desiccant wheels in various end-use industries such as pharmaceutical, food, chemical, and electronics. In addition, the growing demand for silica gel desiccant wheels in Asia Pacific and Middle East & Africa is also contributing to the market growth. However, volatility in prices of raw materials may restrain the market growth during the forecast period. Based on type, stainless-steel segment is projected to lead the global Silica Gel Desiccant Wheels Market with a share of more than 50% by 2030 owing to its properties such as corrosion resistance and durability. Aluminum alloy segment is projected grow at a highest CAGR over 2018-2030 due its light weight and high strength characteristics when compared with other metals used for manufacturing desiccant wheels. Based on application, pharmaceutical industry segment accounted for majority share of global Silica Gel Desiccant Wheels Market in 2017 and it is projected that this trend would continue over next few years owing rising concerns towards product quality among consumers coupled with stringent regulatory norms across globe . Food industry segment would witness highest CAGR over next decade due growing inclination towards processed foods coupled with rising disposable income levels across emerging economies .
Product Definition:
Silica gel desiccant wheels are used to adsorb moisture from the air. This is important because excess moisture can cause corrosion and damage to machinery, as well as create a breeding ground for bacteria. Silica gel desiccant wheels help to keep equipment in optimal working condition by removing moisture from the air.
Stainless-steel:
Stainless steel is a strong, corrosion-resistant, and lightweight metal. It has excellent resistance to high temperatures. Stainless steel is used in various applications including cookware, kitchen appliances & equipment, home appliances & equipment and building & construction industry.
Aluminum Alloy:
Aluminum alloys are a group of alloy materials which have aluminum as their base metal. The different types of aluminum alloys include Al-Li, Al-Cu, and Al-Zn. Aluminum is used in the form of powder in silica gel desiccant wheels for removing moisture from gas streams. These wheels consist of porous media that is coated with a layer of aluminum powder to facilitate rapid absorption by the pores present in the media.
Application Insights:
The electronics industry was the largest application segment in terms of revenue and is expected to continue its dominance over the forecast period. The product is used as a desiccant in electronic devices, which helps to prevent moisture from getting into electronic components. It also helps maintain low operating temperature for long-term storage of electronic parts.
Silica gel desiccants are widely used across various industries including pharmaceuticals, food processing and packaging, chemical manufacturing (reagents & consumables), and others such as cosmetics or paper pulp industries. In pharmaceutical applications, these products are utilized during the freeze-drying process along with other chemicals that help produce a dry powder form of medicines for better performance in an inhaler or metered dose inhaler device. They are also used during lyophilization processes to ensure complete drying before use in an injector assembly or needle assembly for liquid medications (pills).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of a large number of pharmaceutical companies in countries, such as China and India, is anticipated to boost product demand. In addition, increasing government initiatives for promoting domestic production coupled with low raw material prices are expected to drive silica gel desiccant wheels market growth over the forecast period.
The growing electronics industry in Asia Pacific countries including China and Japan has created a high demand for electronic products that generate huge smoke during manufacturing process known as e-waste. E-waste includes old computers, mobile phones etc.
Growth Factors:
- Increasing demand for Silica Gel Desiccant Wheels in the automotive and electronics industries due to their ability to adsorb moisture and control humidity levels.
- Growing awareness about the benefits of using Silica Gel Desiccant Wheels among consumers, which is resulting in an increase in demand for these products across different applications.
- The increasing popularity of Silica Gel Desiccant Wheels among small-scale businesses due to their low cost and easy installation process.
- Rising investments by leading players in research and development activities aimed at enhancing the performance of Silica Gel Desiccant Wheels products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Silica Gel Desiccant Wheels Market Research Report
By Type
Stainless-steel, Aluminum Alloy
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, Seibu Giken
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
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Silica Gel Desiccant Wheels Market Report Segments:
The global Silica Gel Desiccant Wheels market is segmented on the basis of:
Types
Stainless-steel, Aluminum Alloy
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:
- Seibu Giken
- Proflute
- Trane
- FläktGroup SEMCO
- Airxchange
- NovelAire
- NICHIAS Corporation
- Rotor Source
- DRI
- Puressci
- Seibu Giken
Highlights of The Silica Gel Desiccant Wheels 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:
- Stainless-steel
- Aluminum Alloy
- By Application:
- Pharmaceutical
- Food Industries
- Chemical Industry
- Electronics
- Other
- 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 Silica Gel Desiccant Wheels 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
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?
Silica gel desiccant wheels are a type of air-dried storage device that use silica gel as the main drying agent. The device consists of a series of small, circular disks that are attached to an axle. As air is drawn through the disks, it dries out the contents inside them. Silica gel desiccant wheels can be used to store items such as food, pharmaceuticals, and electronics.
Some of the key players operating in the silica gel desiccant wheels market are Seibu Giken, Proflute, Trane, Fl¤ktGroup SEMCO, Airxchange, NovelAire, NICHIAS Corporation, Rotor Source, DRI, Puressci, Seibu Giken.
The silica gel desiccant wheels 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 Silica Gel Desiccant Wheels 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 Silica Gel Desiccant Wheels Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Silica Gel Desiccant Wheels 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 Silica Gel Desiccant Wheels 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 Silica Gel Desiccant Wheels Market Size & Forecast, 2020-2028
4.5.1 Silica Gel Desiccant Wheels Market Size and Y-o-Y Growth
4.5.2 Silica Gel Desiccant Wheels Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Stainless-steel
5.2.2 Aluminum Alloy
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Pharmaceutical
6.2.2 Food Industries
6.2.3 Chemical Industry
6.2.4 Electronics
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Silica Gel Desiccant Wheels 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 Silica Gel Desiccant Wheels 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Stainless-steel
9.6.2 Aluminum Alloy
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 Market Size Forecast by Applications
9.10.1 Pharmaceutical
9.10.2 Food Industries
9.10.3 Chemical Industry
9.10.4 Electronics
9.10.5 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Stainless-steel
10.6.2 Aluminum Alloy
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 Market Size Forecast by Applications
10.10.1 Pharmaceutical
10.10.2 Food Industries
10.10.3 Chemical Industry
10.10.4 Electronics
10.10.5 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Stainless-steel
11.6.2 Aluminum Alloy
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 Market Size Forecast by Applications
11.10.1 Pharmaceutical
11.10.2 Food Industries
11.10.3 Chemical Industry
11.10.4 Electronics
11.10.5 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Stainless-steel
12.6.2 Aluminum Alloy
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 Market Size Forecast by Applications
12.10.1 Pharmaceutical
12.10.2 Food Industries
12.10.3 Chemical Industry
12.10.4 Electronics
12.10.5 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Stainless-steel
13.6.2 Aluminum Alloy
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) Market Size Forecast by Applications
13.10.1 Pharmaceutical
13.10.2 Food Industries
13.10.3 Chemical Industry
13.10.4 Electronics
13.10.5 Other
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 Silica Gel Desiccant Wheels Market: Competitive Dashboard
14.2 Global Silica Gel Desiccant Wheels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Seibu Giken
14.3.2 Proflute
14.3.3 Trane
14.3.4 FläktGroup SEMCO
14.3.5 Airxchange
14.3.6 NovelAire
14.3.7 NICHIAS Corporation
14.3.8 Rotor Source
14.3.9 DRI
14.3.10 Puressci
14.3.11 Seibu Giken
